There are thousands of extraordinarily good pumped hydro storage sites around the world with an extraordinarily low investment cost. When combined with batteries, the resulting hybrid system has large energy storage, low cost for both energy and power, and fast response. Storage is a solved problem. In 2023, twice as much solar generation capacity was … Continue reading Energy storage, essential for photovoltaics and wind power, is a solved problem
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Photovoltaic and wind energy in the first week of October
In the first week of October, TTF gas futures prices for the Front?Month rose, reaching the highest settlement price since early December, above €40/MWh, on Friday, October 4. Rising gas prices, together with declining renewable energy production and rising demand in most markets, boosted prices in most European electricity markets. Photovoltaic energy reached production records … Continue reading Photovoltaic and wind energy in the first week of October
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Brazil’s electricity supply to 2024 is expected to increase by 7.8 GW between photovoltaic and wind energy
In September, the National Electric Energy Agency (ANEEL) recorded an increase of 711.33 megawatts (MW) in the country’s installed electricity generation capacity, an advance that contributed to a growth of 7.8 gigawatts (GW) in the electricity matrix throughout 2024. From January to September, 219 plants came into operation, of which approximately 90% are wind and … Continue reading Brazil’s electricity supply to 2024 is expected to increase by 7.8 GW between photovoltaic and wind energy
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Spain approves 2.56 GW for 32 photovoltaic and hybrid wind and battery projects (BESS) in September
The Official State Gazette contains announcements for the month of September of 32 photovoltaic and hybrid wind and battery projects (BESS).Application for the declaration of public utility of the Maira Beta Group Photovoltaic Plant of 140.127 MW and its evacuation infrastructures, in the municipal terms of La Vid de Bureba, Berzosa de Bureba, Vileña, Grisaleña, … Continue reading Spain approves 2.56 GW for 32 photovoltaic and hybrid wind and battery projects (BESS) in September
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Impact of hybridisation of renewable energy and batteries on the energy transition and PPA
Hybridisation of batteries and renewable energy not only improves the technical efficiency of projects but also provides significant advantages in the PPA field, both for producers and buyers. With this growing trend, the future of energy storage and management is shaping up to be one of the most strategic pillars for decarbonising the European energy … Continue reading Impact of hybridisation of renewable energy and batteries on the energy transition and PPA
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RWE starts construction of battery storage projects with a combined capacity of 450 MW in the U.S.
Construction is underway at RWE’s Crowned Heron 1 and 2 and Cartwheel battery storage systems in Texas, with commissioning planned for 2025. Once completed, the projects will add 450 MW BESS capacity to RWE’s US operating footprint. RWE’s U.S. BESS platform to help enhance regional grid resilince, contribute toward goal to expand battery storage capacity … Continue reading RWE starts construction of battery storage projects with a combined capacity of 450 MW in the U.S.
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US Grid-Scale Energy Storage Installations Surge, Setting New Q2 Record
The U.S. energy storage market set a Q2 record in 2024, with the grid-scale segment leading the way at 2,773 MW and 9,982 MWh deployed. The U.S. energy storage market experienced significant growth in the second quarter, with the grid-scale segment leading the way at 2,773 MW and 9,982 MWh deployed. According to the American … Continue reading US Grid-Scale Energy Storage Installations Surge, Setting New Q2 Record
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European wind energy production reached records for September
In the last week of September, wind energy production increased in the main European markets and registered historical daily production records for September in several markets. This favored the decline in electricity market prices, even though gas and CO2 prices increased during the week. Solar photovoltaic energy production declined in most markets with the arrival … Continue reading European wind energy production reached records for September
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Highest Annual Growth of Renewables Jobs in 2023, Reaching 16.2 Million
2023 saw the highest ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million, according to the newly released Renewable Energy and Jobs – Annual Review 2024 by the International Renewable Energy Agency (IRENA) and the International Labour Organization (ILO). The 18% year-on-year leap reflects the strong growth of renewables generating … Continue reading Highest Annual Growth of Renewables Jobs in 2023, Reaching 16.2 Million
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Price cannibalisation triggers the signing of electricity contracts that combine wind power and solar photovoltaic
In Spain, long-term power purchase agreements, known as PPAs, have been signed that hybridise both technologies for a total of 1.3 GW in the first half of the year. Offshore wind power also promises a new era. Spain is one of the countries with the lowest electricity prices in Europe during solar photovoltaic generation hours. … Continue reading Price cannibalisation triggers the signing of electricity contracts that combine wind power and solar photovoltaic
Continue readingAcciona Energía completes 19.7 MWp photovoltaic generation installation with wind energy in Cuenca
Located in the municipalities of Villalba del Rey and Tinajas (Cuenca), the new 19.7 MWp photovoltaic facility joins an existing 26 MWp wind farm. ACCIONA Energía has completed its second hybrid renewable generation facility with the construction of a 19.7MWp photovoltaic plant on the site of the existing Peralejo wind farm (26MW), in the municipalities … Continue reading Acciona Energía completes 19.7 MWp photovoltaic generation installation with wind energy in Cuenca
Continue readingSpain approves 650 MW for 11 photovoltaic and hybridisation projects, including 39.6 BESS from Naturgy
The Official State Gazette contains announcements corresponding to the last week of September of 11 photovoltaic and hybridisation projects with wind energy and batteries (BESS).Prior administrative authorisation of the construction modifications, and the declaration of public utility, for the Mudarra 1 photovoltaic installation of 52.525 MW and its evacuation infrastructures, in the municipal terms of … Continue reading Spain approves 650 MW for 11 photovoltaic and hybridisation projects, including 39.6 BESS from Naturgy
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Coal generation in OECD countries falls below half of its peak
As the UK, the birthplace of the Industrial Revolution, closes its last coal power plant, almost all OECD countries are making good progress on phasing out coal power, replacing it predominantly with photovoltaic solar power and wind energy. This report analyses annual generation data from Ember’s Data Explorer, to show how the electricity generation of … Continue reading Coal generation in OECD countries falls below half of its peak
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The Future of European Electricity Markets: Batteries, Hybridisation and Profitability
European electricity markets are facing an unprecedented energy revolution, driven by the rise of renewable energies. Batteries and hybridisation of technologies are emerging as key players in this transformation process, not only optimising the integration of clean energy but also mitigating price volatility and increasing the profitability of investments. Falling battery prices and the advance … Continue reading The Future of European Electricity Markets: Batteries, Hybridisation and Profitability
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Critical materials: Batteries for electric vehicles
A new report by the International Renewable Energy Agency (IRENA), “Critical Materials: Batteries for Electric Vehicles”, reveals that the growing demand for electric vehicle (EV) battery materials required by 2030 can be met by expanding sustainable supply chains and scaling-up the development and adoption of innovative technologies. According to IRENA’s 1.5°C Scenario, outlined in the … Continue reading Critical materials: Batteries for electric vehicles
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Green light for Iberdrola’s new reversible pumped-storage hydroelectric power plant in Alcántara (Spain)
The project for the construction of the new Alcántara II reversible hydroelectric pumping station, located in Alcántara (Extremadura, in southwest Spain), has obtained a favourable Environmental Impact Statement (EIS), according to a resolution of the Ministry for Ecological Transition and the Demographic Challenge. As a result, the project has a favourable EIS and a permit … Continue reading Green light for Iberdrola’s new reversible pumped-storage hydroelectric power plant in Alcántara (Spain)
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Avangrid shareholders approve Iberdrola’s takeover of the company
During their Annual General Meeting,Avangrid shareholders approved Iberdrola’s acquisition of 18.4% of Avangrid’s share capital through a merger operation. The transaction received overwhelming support from the company’s shareholders: The acquisition, which began in March, will result in Avangrid being delisted from trading on the US stock exchange. The operation will see the company chaired by Ignacio Galán … Continue reading Avangrid shareholders approve Iberdrola’s takeover of the company
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How PJM Can Reform Its Interconnection Processes to Expedite Battery Storage and Avoid Looming Electricity Shortfall
PJM Interconnection (PJM), America’s largest electric grid operator with a service territory that spans 13 states and the District of Columbia, risks a shortfall of electricity within the next six years yet continues to apply processes that discourage the deployment of battery energy storage systems (BESS), according to a new Gabel Associates, Inc. report commissioned by the … Continue reading How PJM Can Reform Its Interconnection Processes to Expedite Battery Storage and Avoid Looming Electricity Shortfall
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NREL’s Research in Battery Energy Storage Is Helping Advance the Clean Energy Transition
To bring new clean energy sources online across the United States and around the world, several questions need to be answered. Where are the best places to build out new generation like solar and wind farms? How can we get all that clean energy from its source to where it needs to be? What is … Continue reading NREL’s Research in Battery Energy Storage Is Helping Advance the Clean Energy Transition
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ARENA backs Jet Zero for sustainable aviation fuel
The Australian Renewable Energy Agency (ARENA) has today announced $9 million in funding to Jet Zero Australia to advance sustainable aviation fuel (SAF) production in Townsville. The next stage of engineering activities for Jet Zero Australia’s project will include a $36.8 million front-end engineering design (FEED) study to determine the viability of its commercial scale … Continue reading ARENA backs Jet Zero for sustainable aviation fuel
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