While the Inflation Reduction Act is set to catalyze clean energy growth, the industry continues to deal with policy and regulatory challenges hindering development and deployment of clean power. These challenges and more were apparent in ACP’s latest Clean Power Quarterly Market Report for the third quarter. ACP’s new market report shows that from July … Continue reading Clean Power Slows During Third Quarter, But the Future is Bright for Growth with Passage of the Inflation Reduction Act
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DNV builds up high-voltage grid expertise with acquisition of Power System Dynamics
The acquisition expands DNV’s grid analysis and flexible AC transmission optimisation offer, strengthening its services to power grid operators with a focus on fast changing power markets. DNV announced today that it has acquired Power System Dynamics (PSD Consulting Engineering Pty. Ltd.), a grid consulting firm providing worldwide specialised services for high-voltage power systems from … Continue reading DNV builds up high-voltage grid expertise with acquisition of Power System Dynamics
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World Energy Outlook 2022 shows the global energy crisis can be a historic turning point towards a cleaner and more secure future
The global energy crisis triggered by Russia’s invasion of Ukraine is causing profound and long-lasting changes that have the potential to hasten the transition to a more sustainable and secure energy system, according to the latest edition of the IEA’s World Energy Outlook. Today’s energy crisis is delivering a shock of unprecedented breadth and complexity. … Continue reading World Energy Outlook 2022 shows the global energy crisis can be a historic turning point towards a cleaner and more secure future
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Half of the energy storage capacity that Enel Green Power is building is located in Italy
Half of the energy storage capacity that Enel Green Power is building is located in Italy, and it’s about to reach 2 GW. Our goal is to reach 9 GW worldwide by 2030. Batteries – and storage systems in general – are an essential tool for ensuring the continuity, reliability, and efficiency of the power … Continue reading Half of the energy storage capacity that Enel Green Power is building is located in Italy
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Iberdrola seeks solutions to protect its power lines from climate change
The electricity company aims to avoid some of the faults caused in distribution networks by falling trees in forest environments The company has more than 1.1 million kilometres of transmission lines in the United States, Brazil, the United Kingdom and Spain Distribution lines are one of the pillars of the electricity system worldwide, and even … Continue reading Iberdrola seeks solutions to protect its power lines from climate change
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ACP Urges Comprehensive Interconnection Reform
Today the American Clean Power Association (ACP) filed detailed comments with the Federal Energy Regulatory Commission (FERC) highlighting multiple opportunities to improve the interconnection process for clean energy and storage projects. At present, over 1.4 terawatts of clean energy resources are in interconnection queues across the country, but regular delays and the assignment of unreasonable … Continue reading ACP Urges Comprehensive Interconnection Reform
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Wind power generated 20.8% of electricity in Spain until September
The demand for electricity in Spain fell by 3.5% in September. Wind power generated 20.8% until September, Concentrated Solar Power 1.8% and photovoltaic 11%.This decrease is observed once the effects of labor and temperatures during that month have been corrected.37.2% of electricity production in September in Spain was renewable and 58.2% did not emit CO2 … Continue reading Wind power generated 20.8% of electricity in Spain until September
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Iberdrola and EIB sign a €220 million green loan top-up to boost smart grids in Spain
The funds, totalling €820 million, are earmarked for the infrastructure investment plan of i-DE, Iberdrola’s electricity distribution company in Spain The project, which will maintain 10,000 jobs per year, is contributing to the electrification of the Spanish economy and to increasing the efficiency of the distribution network These additional resources will facilitate the execution of … Continue reading Iberdrola and EIB sign a €220 million green loan top-up to boost smart grids in Spain
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Vattenfall signs grid contract with Siemens Energy and Aker Solutions
Vattenfall has signed a contract with Siemens Energy and Aker Solutions AS to deliver grid connection infrastructure for the Norfolk Boreas Offshore Wind Farm off the British coast. The contract gives Siemens Energy and Aker Solutions the responsibility for engineering, procurement, construction and installation of the High Voltage Direct Current (HVDC) onshore and offshore substations … Continue reading Vattenfall signs grid contract with Siemens Energy and Aker Solutions
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Renewable energies and gas prices continue to push electricity markets prices down
In the fourth week of September and the first days of the last week of the month, most European electricity markets continued the trend of price decreases registered during the month. The recovery of the renewable energy production joined the drops in gas prices, one of the fundamental causes of these declines. In the Iberian … Continue reading Renewable energies and gas prices continue to push electricity markets prices down
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The EU’s future-proof electricity grid will need many more onshore and offshore interconnectors
WindEurope took part in the European Commission’s Projects of Common Interest (PCI) Energy Days – which are dedicated to the practical implementation of the EU’s PCIs for energy. These PCI projects include onshore and offshore cross-border interconnectors and large energy storage assets. The focus of the event was the revised Trans-European Networks for Energy Regulation … Continue reading The EU’s future-proof electricity grid will need many more onshore and offshore interconnectors
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Mass electrification only possible with heavy investment
Energy industry leaders see an urgent need for greater investment in power grids to better connect regions, secure reliable distribution of resources and meet climate targets. Three quarters (76%) of the 400 senior energy professionals contacted in 75 countries say existing grid infrastructure can’t adequately connect renewable energy sources to areas of high demand. 87% … Continue reading Mass electrification only possible with heavy investment
Continue readingPhotovoltaic, concentrated solar power and wind energy in European electricity markets
European electricity markets prices continued to fall thanks to wind energy and lower gas prices. In the third week of September, European electricity markets prices fell in a generalised way, continuing the trend of the two previous weeks. The drop in gas prices was once again one of the causes of these declines, to which … Continue reading Photovoltaic, concentrated solar power and wind energy in European electricity markets
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Pumping is adapting its consumption profile to the increase in photovoltaic energy
The rapid growth of solar photovoltaic energy in Spain is creating opportunities in the electricity market. The most widespread technology currently used to store energy, pumping power plants, is changing its consumption pattern to take advantage of these opportunities. The energy transition will create new opportunities like this one that will be exploited by new … Continue reading Pumping is adapting its consumption profile to the increase in photovoltaic energy
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Emergency measures on electricity market: avoid a patchwork that undermines renewables investments
The European Commission has proposed new rules that would cap the price of wind energy and other so-called inframarginal power generation at €180/MWh. WindEurope supports the aim of cushioning the impact of high electricity prices on families and businesses. But national caps that deviate from an EU-wide cap would create a patchwork that would undermine investments … Continue reading Emergency measures on electricity market: avoid a patchwork that undermines renewables investments
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U.S. Grid-Scale Energy Storage Market Beats Q2 Record
The U.S. energy storage market set a new record in the second quarter of 2022, with grid-scale installations totaling 2,608 megawatt hours (MWh) – the highest installed capacity for any Q2 on record, according to a new report released today. According to Wood Mackenzie, a Verisk business (Nasdaq: VSK), and the American Clean Power Association’s … Continue reading U.S. Grid-Scale Energy Storage Market Beats Q2 Record
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Concentrated Solar Power, photovoltaic and wind energy in the first week of September
Drop in gas, CO2 and European electricity markets prices in the first week of September. Gas and CO2 prices fell in the first week of September, favouring the drop in prices in most European electricity markets, even though at the beginning of the week the French market reached €1021.73/MWh in one hour. The solar and … Continue reading Concentrated Solar Power, photovoltaic and wind energy in the first week of September
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Iberdrola’s Hub in Bilbao consolidates with 75 companies and collaborating entities
IBM Technology, IBM Consulting, Schaffner, Automa, NTT Data, Turning Tables, INESC TEC and the universities of Murcia and Comillas join the Global Smart Grids Innovation Hub that Iberdrola inaugurated 10 months ago at its Larraskitu centre. Iberdrola invested more than €337 million in R&D&I in 2021, 15% more than the previous year, and part of … Continue reading Iberdrola’s Hub in Bilbao consolidates with 75 companies and collaborating entities
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RWE invests more than €5 billion in green technologies
New wind farms, solar plants and battery systems with an installed capacity of 1.2 gigawatts commissioned in the first half of 2022 – about 20% more electricity generated from renewables. RWE is actively forging ahead with the implementation of its Growing Green strategy. In the first half of 2022, the Group invested about €2 billion in the expansion … Continue reading RWE invests more than €5 billion in green technologies
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How E-mobility is Raising Environmental Awareness in Costa Rica
Jose Leon wanted to buy an electric car to save money on his daily fuel expenses. It was only after he started driving the car that he became more aware of his environmental responsibilities. “I have three children and I want them to live on a habitable planet. The electric car gives me a clear … Continue reading How E-mobility is Raising Environmental Awareness in Costa Rica
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