Grids & Integration

The European Investment Bank has agreed to provide €400 million ($406.5 million) in funds for the €2.8 billion project. Construction on the infrastructure should begin by the end of this year.

Developers are making hay as far as PPA prices are concerned thanks to eye-watering wholesale electricity prices which mean they can just sell their solar and wind power on the open market.

Microgrids continue to prove themselves as solutions for a range of applications. Remote communities, facilities, and sites have already joined onsite distributed energy resources to work together as single resilient systems.

The Dutch transmission system operator said that more grid capacity is needed to address the continuous growth of wind and solar energy, as well as that of electromobility and heat pumps.

The Netherlands is planning a €1.5 billion ($1.6 billion) green hydrogen network that will consist of 85% recycled natural gas pipes. It is expected to go online in 2027.

The futuristic Neom City will be powered exclusively by renewable energy, but a co-optimization approach with the water sector will be crucial for desalination and sustainable water supplies. Saudi scientists have assessed different system configurations and determined that solar-plus-storage would deliver the lowest levelized cost of energy.

Taiwanese analyst TrendForce said it expects global energy storage capacity to reach 362 GWh by 2025. China is set to overtake Europe and the United States is poised to become the world’s fastest-growing energy storage market.

The EU Parliament has voted to end combustion vehicle sales in 2035, Siemens has announced plans to develop wireless charging for electric vehicles, and Lightyear has launched the final design of its long-range, production-ready solar car.

Fluvius said it wants to deploy another 30,000 kilometers of the low-voltage grid, 6,000 kilometers of the medium-voltage grid, and 22,450 distribution cabinets.

Panels will be installed at waste sites in five mining towns as part of the latest, €2.4 billion ($2.57 million) round of investment from a fund set up to help coal-dependent European member states with the energy transition.