The declining dominance of conventional price-setting generation has brought to light a fascinating trend: the influence of short-term fluctuations in wind and solar generation on power prices and revenue outcomes. With an increasing integration of variable power supply into larger systems, the need for market flexibility has become more pronounced. As the growth of correlated … Continue reading Unveiling the impact of wind and solar variability on European power
Continue readingCategory Archives: Grids
Concentrated Solar Power, photovoltaic and wind energy in the penultimate week of June
European electricity markets: bullish prices due to increases in gas and CO2, but they stabilise with decreases at the end of the week. In the penultimate week of June, the increases in gas and CO2 prices at the beginning of the week and the increase in demand caused rising prices in the European electricity markets. … Continue reading Concentrated Solar Power, photovoltaic and wind energy in the penultimate week of June
Continue reading
Iberdrola improves the New York electricity grid so that it can consume offshore wind energy
Iberdrola will help deliver renewable offshore wind power from the Long Island grid to New York City and Westchester County. The company will add approximately 90 miles (about 150 km) of new high-voltage transmission lines that will run the distance underground and underwater. The project will strengthen the backbone of Long Island’s electricity system and … Continue reading Iberdrola improves the New York electricity grid so that it can consume offshore wind energy
Continue reading
Tackling Intermittency: The Crucial Role of Energy Storage in Wind Power
Wind power has emerged as one of the most promising sources of renewable energy, offering a clean and sustainable alternative to fossil fuels. As countries around the world strive to reduce their carbon emissions and transition to a low-carbon economy, the adoption of wind energy has gained significant momentum. However, one of the major challenges … Continue reading Tackling Intermittency: The Crucial Role of Energy Storage in Wind Power
Continue reading
Wind Farms and Grid Integration: Challenges and Solutions
Wind farms have emerged as a viable and sustainable source of renewable energy, playing a significant role in the global transition towards a low-carbon future. As the world moves towards adopting cleaner energy sources, the integration of wind farms into the power grid has become increasingly important. However, this process is not without its challenges, … Continue reading Wind Farms and Grid Integration: Challenges and Solutions
Continue reading
Iberdrola announces an investment of 4,000 million euros in R+D+i until 2030
Iberdrola today held the ninth edition of its Digital Summit with more than 1,500 employees attending the event, held at the company’s campus in San Agustín del Guadalix (Madrid). The company’s commitment to digitalization is reflected in its commitment to double its investment in Innovation, Development and Research (R&D&I) over the last 10 years, with … Continue reading Iberdrola announces an investment of 4,000 million euros in R+D+i until 2030
Continue readingEuropean energy markets prices went down in the first week of June
In the first week of June, prices of most European electricity markets fell and some negative prices were registered, thanks to the decrease in demand and prices of gas and CO2, and to the increase of renewable energy production in some cases. However, prices rose in the Nord Pool and MIBEL markets, the latter being … Continue reading European energy markets prices went down in the first week of June
Continue reading
OX2 and Ingka Investments enter conditional agreement with NKT for delivery and installation of export cables for two offshore wind farms in Sweden
OX2 and Ingka Investments enters into conditional agreement with NKT for delivery and installation of export power cables. NKT’s facility in Karlskrona will deliver the cables for the recently awarded Galene project in Sweden. The agreement also covers the Triton offshore wind farm. The agreement will enable OX2 and Ingka Investments to start realising the … Continue reading OX2 and Ingka Investments enter conditional agreement with NKT for delivery and installation of export cables for two offshore wind farms in Sweden
Continue reading
Spain does not take advantage of the full potential of wind and solar energy due to lack of storage
The Spanish electrical system wastes an important – and growing – part of its potential for electricity from renewable sources. It is a fact that worries experts. The system dispenses with windmills or solar plants, or orders their operation to stop because there is not enough demand to absorb that supply. Given the current low … Continue reading Spain does not take advantage of the full potential of wind and solar energy due to lack of storage
Continue reading
Hitachi Energy to supply HVDC technology for US wind project
Hitachi Energy has been selected by Pattern Energy to supply its high-voltage direct current (HVDC) and other advanced technologies for the SunZia Transmission Project. It will connect the 3,500-megawatt (MW) SunZia wind project in New Mexico to the power grid in Arizona and Southern California, which will be among the world’s largest transmission links delivering … Continue reading Hitachi Energy to supply HVDC technology for US wind project
Continue reading
Ingeteam announces the manufacture of EV charging stations in Milwaukee to meet the growing demand in the American market
Ingeteam will support the Biden-Harris administration’s ambitious goals to combat the climate crisis by deploying a national network of 500,000 EV chargers along America’s highways. With this new investment, Ingeteam Electric Vehicle Chargers will increase its production capacity of DC Fast Chargers (DCFC) and L2 EV chargers (ranging from 7.5kW up to 420 kW) for … Continue reading Ingeteam announces the manufacture of EV charging stations in Milwaukee to meet the growing demand in the American market
Continue reading
Electricity demand in Spain in April among the lowest in the last 20 years
Electricity demand fell in April in all European markets. Excluding 2020 demand, which was affected by COVID measures, Spain and Italy registered their lowest values in 20 and 6 years, respectively. Falling demand and gas prices, as well as a solar energy production that was the highest for a month of April in several markets … Continue reading Electricity demand in Spain in April among the lowest in the last 20 years
Continue reading
BMW Group and E.ON create ’Connected Home Charging’, the first pan-European ecosystem for intelligent charging at home
The BMW Group and E.ON have agreed on the first pan-European cooperation for intelligent charging at home. The aim of the strategic cooperation is to create ‘Connected Home Charging’, a holistic charging ecosystem that will allow customers to connect their electrified BMW or MINI vehicle with the energy system, as part of a climate-neutral, sustainable … Continue reading BMW Group and E.ON create ’Connected Home Charging’, the first pan-European ecosystem for intelligent charging at home
Continue reading
Iberdrola seals a strategic alliance with GIC for the expansion of transport networks in Brazil
Iberdrola is making significant progress in its 2023-2025 Strategic Plan. The company has signed a strategic agreement with GIC, a leading institutional investors, for the development of transmission networks in Brazil for 2.4 billion Brazilian reais – 430 million euros – as communicated today to the National Securities Market Commission (CNMV). Both companies will … Continue reading Iberdrola seals a strategic alliance with GIC for the expansion of transport networks in Brazil
Continue reading
Meshed grids the next frontier in leveraging the potential of offshore wind
Europe has placed offshore wind at the heart of its energy transition. Governments across Europe have between them pledged 150 GW by 2030. And by 2050 Europe’s seas will have as much as 450 GW of wind farms. But delivering this requires major investment in grid infrastructure too. Hitachi Energy and WindEurope have published a … Continue reading Meshed grids the next frontier in leveraging the potential of offshore wind
Continue reading40+ Organizations Call on Congress to Include Critical Transmission Funding in FY 2024 Budget
A letter signed by a multi-sector coalition of over 40 clean energy organizations, environmental groups, developers, manufacturers, labor and consumer groups, and other nonprofits was sent to Congress today urging robust funding for high-capacity transmission deployment and research through the U.S. Department of Energy’s (DOE) Fiscal Year 2024 budget. In the letter, the organizations highlight the … Continue reading 40+ Organizations Call on Congress to Include Critical Transmission Funding in FY 2024 Budget
Continue readingIncreasing renewables on the grid through accurate inertia measurement
Australian Renewable Energy Agency (ARENA) has today announced $1.43 million in funding to Reactive Technologies to conduct a trial of its real-time inertia measurement technology Grid-Sonar™ across a number of sites in Victoria. Accurately measuring the power system’s inertia in real-time will help the Australian Energy Market Operator (AEMO) operate the system more securely, while … Continue reading Increasing renewables on the grid through accurate inertia measurement
Continue reading
RWE and Northland Power sign Hellenic Cables as preferred supplier for the Nordseecluster
The Nordseecluster of RWE (51%) and Northland Power (49%) is making further progress. The companies have taken Hellenic Cables S.A. on board as the preferred supplier for their up to 1.6-gigawatt (GW) cluster consisting of four offshore wind farm sites in the German North Sea. The Greek company is to supply approximately 185 km of … Continue reading RWE and Northland Power sign Hellenic Cables as preferred supplier for the Nordseecluster
Continue reading
The first quarter as a whole ends with a new fall in electricity markets prices
In the first quarter of 2023, European electricity markets prices decreased compared to the previous quarter and to the same quarter of 2022, due to the decrease in gas prices and the increase in renewable energy production. The solar photovoltaic energy production reached record values in Spain and Portugal. The wind energy production did so … Continue reading The first quarter as a whole ends with a new fall in electricity markets prices
Continue reading
Pattern Energy Announces $20.5 Billion in Anticipated Economic Impact from SunZia Transmission and Wind Projects
Pattern Energy Group LP (Pattern Energy), a leader in renewable energy, announced its SunZia Transmission and SunZia Wind projects are expected to generate $20.5 billion dollars in total economic benefit, including direct, indirect, and induced economic benefit as well as fiscal impacts according to the results of an independent study conducted by research firm Energy, … Continue reading Pattern Energy Announces $20.5 Billion in Anticipated Economic Impact from SunZia Transmission and Wind Projects
Continue reading
