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.
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.
Firming up the payment system for solar energy exported back into the grid from PV-powered pumps will offer owners a new revenue stream, eat into a $1 billion annual diesel fuel bill and reduce strain on the grid by up to 1.5 GW daily during the agricultural season.
The latest figures released by BloombergNEF show new solar and onshore wind power plants have reached parity with average wholesale prices in California, China and parts of Europe. The technologies are winning the race to be the cheapest sources of new generation for two-thirds of the world’s population.
Although PV trails wind and nuclear in terms of its anticipated future footprint, the opposition party’s attempt to outflank left of center rivals on climate change has resulted in one of the world’s most ambitious national roadmaps towards a zero-carbon future.
Analyst WoodMac has spelled out the urgent need to decarbonize the global hydrogen production industry. While the fuel can offer a sustainable grid balancing act for intermittent renewables, in its current fossil-fuel driven form it is pumping out more than 800 megatons of carbon into the atmosphere every year.
The long-duration energy storage provider plans to eventually build a portfolio of 50 MW/250 MWh liquid air systems throughout the United Kingdom.
In January, the U.K. Department for Business, Energy and Industrial Strategy opened consultation on its solar-plus-storage proposals. To date, systems with a capacity bigger than 50 MW are classed Nationally Significant Infrastructure Projects.
Although the International Energy Agency’s latest renewables report forecasts impressive solar growth there is still a nagging feeling it has produced conservative estimates and the emphasis on sharing costs with grid operators is predictable.
The islands of the Caribbean have been focusing on the deployment of storage solutions, minigrids and microgrids in response to the damage their power systems suffered during the 2017 hurricane season. But with the opportunities, there are also challenges.
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