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Grids & Integration

Power-surplus Indian state says no to new solar capacity

Karnataka state has been forced to apply the brakes to new solar with its power distribution companies having fulfilled their renewable purchase obligations for the next two years. Projects driven by federal agencies will continue, however.

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Battery storage market will be worth $13 billion by 2023

Analyst Globaldata says falling system prices, and the need for more resilient grids and favorable policies, continue to fire the energy storage industry around the globe and the Asia-Pacific region is likely to remain the biggest market.

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The weekend read: Tapping new markets

The energy transition does not only change electricity generation, but ideally also how we consume. Electricity markets in Europe, however, must deal with legacy regulations that fail to incentivize ideal consumption patterns to reduce curtailment and make the best possible use of the renewable energy assets we have. The result is towering bills for ancillary services, that could easily be avoided with a few regulatory tweaks and virtual power plants.

Lukewarm response as Indian state of Gujarat re-tenders 700 MW of PV

A reduction in solar park charges was not enough to attract developers in the same numbers that flocked to a separate, 500 MW exercise two months earlier. The Raghanesda Solar Park continues to be a headache after a previous procurement was cancelled because the tariffs were deemed too costly.

Italy and Tunisia revive plans for 600 MW interconnector

The power line, under development by Italian transmission company Terna and Tunisian gas and electricity group STEG since 2003, was originally conceived to export power generated in Tunisia to Italy but is now based on an electricity exchange in the opposite direction.

Renewables and geopolitics: storage could rip up the current global picture

In the latest of a series of interviews about the geopolitics of renewable energy, Indra Overland, head of the Center for Energy Research at the Norwegian Institute for International Affairs, explains how storage could change the global energy landscape by eliminating entrenched strategic dependencies. The impact of storage, he says, will be stronger in regions dependent on fossil fuels.

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Gresham House eyes 182 MW storage portfolio in the UK

The asset manager has seen good returns on the 70 MW it has already acquired. Despite the U.K. government cutting subsidies for renewable energy, the fund manager believes the country will be a high growth market for storage.

China confirms FIT level payments – but they will be ‘subject to competition’

The Beijing authorities have confirmed the payment levels to be made according to type of project and region from July onwards but an auction process will be involved so the figures are for guidance only. No decision has yet been made on the 30 GW of capacity added since the end of May.

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Renewables may be the victor in Spanish election

Although it is still unclear how the victorious Socialist Party will build a majority in parliament, listed Spanish energy companies such as Solaria and Audax saw the price of their shares rise significantly after the vote.

Labor plan to aggregate 4,000 schools into virtual power plants in $1 billion solar program

Australia’s federal Labor party has pledged to roll out PV generation and batteries at schools across the nation, and to create VPPs supporting up to 365 MW of capacity.

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