Energy Management Systems

Shell, Sumitomo invest in LO3 Energy to develop blockchain-based community microgrids

Two corporate heavyweights have announced investments in the New York-based developer and operator of peer-to-peer energy platforms. The funding will allow LO3 to scale its blockchain-based community energy networks worldwide.

Colombia to award longer PPAs in renewables auction

Already postponed from June to September 30, the procurement will now be held by the end of October. The exercise will be open to new renewables projects with more than 5 MW of generation capacity. Selected developers will be awarded 15-year energy deals rather than the 12-year arrangements offered in February’s abortive attempt.

‘True grid parity about more than electricity price’

The head of Mercom Capital says solar has a long way to go before it can stand without policy support. Effective grid parity will only be achieved when the cost of PV electricity factors in the expense of grid upgrades and the storage systems its intermittent nature requires, says Raj Prabhu.

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Australia will need 15 GW of utility scale storage by early 2040s

Increased storage and strategic transmission development will be needed to ensure the most economic and lowest risk transition of Australia’s energy system, the Australian Energy Market Operator said in its latest study. In 20 years’ time, the need for storage will be at a scale not seen before in the national electricity market, and pumped hydro and distributed storage are set to play major roles in lowering electricity prices and building a reliable and resilient power system.

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Hanergy wraps 460 kW of CIGS around Chinese skyscraper

Copper indium gallium selenide thin film technology is on the fly as conversion efficiency closes in on that of crystalline silicon. The technology can be integrated neatly onto facades of otherwise energy intensive commercial buildings. The potential is huge even if the conversion efficiency retains some limitations.

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Grid service payments the key to unlocking China’s energy storage potential

The world’s biggest solar market could be about to replicate that feat in energy storage, provided it manages to reform the payment system for rewarding the grid services offered by batteries.

This could be a watershed year for renewables in the mining sector

As one of the most energy-intensive industries, the ‘resource sector’ is getting serious about adding cheap solar and wind energy into its mix, to boost returns. Although still predominantly underpinned by gas or diesel, mine operations are increasingly deploying hybrid solutions, highlighting the potential of renewables – particularly as momentum builds for green hydrogen to play a role in future microgrids.

When the battery is a building… or vice versa

AES has announced the start of construction of its Alamito Energy Center, a 100 MW/400 MWh battery for electric utility SoCalEdison which is being constructed as a full-on building – much like a data center.

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Indian ministry calls for EV manufacturing equivalent of Detroit

The nation’s annual Economic Survey placed EVs at the heart of India’s decarbonization and called for an industrial hub where electric vehicles and the batteries to run them could be manufactured.

EY blog warns grid operators ‘the clock is ticking’

The energy transition is accelerating, Ernst & Young global energy leader Benoit Laclau has warned grid operators, thanks to the confluence of digitization, decentralization and decarbonization. Traditional utilities must get with the program or be swept aside.

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