Augwind CEO Or Yogev recently spoke to pv magazine about the Israeli company’s new storage solution for the renewables sector. The underground compressed-air storage specialist recently secured 166 MWh of capacity in Israel’s latest solar+storage tender, and plans to take equity stakes in all five projects.
The success of unsubsidized clean power facilities in the country – whether driven by corporate power purchase agreements or selling direct to the wholesale electricity market – has prompted the Department for Business, Energy and Industrial Strategy to ponder whether contracts-for-difference payments will be fit for purpose in the years ahead.
pv magazine has taken part in a webinar examining the thorny issue of financing clean energy generation in developing markets.
Dutch transmission system operator Tennet, which also serves Germany, is planning to create flexible electricity demand and reduce grid congestion by promoting the use of smarter heating systems and heat pumps that can also be powered by solar and wind energy. According to its experts, intelligent control of heat pumps may result in the creation of between 0.5 and 1 GW of temporary grid flexibility by 2030.
The commission has proposed updating the law which regulates the bloc’s cross-border energy networks to include new energy storage technologies and smart grids as well as removing fossil fuel eligibility for public funding.
The private-sector arm of the World Bank, which claims to leverage $3 of its own capital and $8 from third parties for every dollar invested in its blended finance funds, has attempted to quantify what devoting Covid recovery funds to green investment would mean for emerging economies.
European renewables, including Spanish solar, made big gains as energy demand recovered before the second wave of Covid infections. Nuclear was a notable loser, in part because clean energy volumes in the north of the continent drove down power prices sufficiently to make reactors uncompetitive.
Scientists applied a model where rooftop PV and electric vehicle batteries are integrated into the energy system of nine Japanese cities. Their findings suggests that such a system could meet more than half of every city’s total energy demand by 2030, and as much as 95% in some cases. The model also reveals opportunities to cut both pollution and energy costs for urban populations in Japan.
Looking back over years of research into the topic of hybrid systems based on different combinations of solar, wind, hydro and other renewables, an international group of scientists found strong potential for strategies to exploit complementarity between the different sources integrate more intermittent renewables onto regional and national grids. The scientists present a series of conclusions and recommendations that aim to push research in hybrid renewables forward.
State-owned utility ESB is working with energy storage solution company Fluence and EPC service providers Powercomm Group and Kirby Group on its first battery projects in Ireland.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.