Peering into a 55% solar future for the US
National Renewable Energy Lab researchers conducted hourly modelling based on a future energy mix containing 55% solar power and found spring days of free electricity among the results, emphasizing the critical role energy storage will play.
European Utility Week: ‘The confidence is coming back’
The energy transition is becoming ever more apparent among power companies, as was evident at the European Utility Week event last week in Paris, which showcased the hopes and fears of energy companies. Rebranding next year to ‘Enlit’, the organizers aim to reach the whole energy industry.
China’s nuclear operator to develop 1 GW solar field
China General Nuclear Power Group is reportedly preparing to invest almost $2.5 billion into a huge solar project – plus 2 GW of wind turbines – in the autonomous province of Inner Mongolia. Local authorities say the massive project will be complete in 2021.
Flexible energy supply companies hampered by lack of policy
Britain’s renewable energy trade body has published a report examining the state of flexibility market readiness in nine European markets. The result makes for sobering reading for Germany, France and the U.K.
Chinese trade visit presages big investment in Greece’s energy infrastructure
Beijing already owns 24% of Greece’s electricity transmission system operator and has pledged to back a new Greece-EU funded interconnector to Crete which is set to open up more possibilities for solar on the island. The arrival of two of China’s biggest lenders also offers the prospect of new investment in renewables.
Sonnen adds electric cars and rooftop PV to its monthly payment plan
Sonnen presented two new products in the usual hip ambiance of Berlin E-Werk. In addition to home storage and electricity, the company now offers electric cars and PV systems with battery storage on a subscription model in Germany.
Centrica’s local energy market in Cornwall pioneers third-party grid flexibility procurement
With hundreds of homes and businesses having received solar-plus-storage systems and monitoring equipment, an algorithm is managing a market for flexibility and capacity in Cornwall. Homeowners with storage can place bids to sell energy from their systems to the distribution system owner on an intraday basis.
Moixa reaches 100 MWh of virtual power plant capacity in Japan
The company says its network is the largest fleet of batteries under virtual power plant management worldwide.
ABB touts AI-supported industrial energy consumption management tool
A new application for ABB’s ‘Ability’ digital platform enables industrial customers to avoid peak charges without using of battery storage. The Swiss corporation has developed two apps for its energy management software with the help of an artificial intelligence specialist.
Distributed storage market to grow nearly twentyfold by 2028
Market intelligence company Navigant Research has developed a country forecast of the global market. Incentives and pricing will be the main driver of installations, though the market will continue to be concentrated in certain key regions for now.
