Ofgem passed its long-awaited, controversial plan for network charges last week, despite earlier warnings against the move. The UK electricity market regulator’s Targeted Charging Review has provoked a backlash in the renewables sector, as many believe that the plan will damage the economics of distributed energy resources and unsubsidized onshore wind and solar development.
The project is an extension of the Hélio Boulouparis 1 installation, which was commissioned in May 2017 with 11.2 MW of capacity.
The project was realized by the i-DE distribution company of the Spanish electric utility. The large scale storage battery is intended to improve the quality of electricity supply with a focus on solar projects located nearby.
The German storage system provider intends to use its ‘Sonnen-Flat’ payment package to help customers benefit from the proceeds of its virtual power plant.
Dutch gas and power provider Essent has agreed to buy the Amsterdam-based renewables marketplace for an undisclosed sum. Vandebron sells electricity aggregated from wind, solar and biomass projects.
A study of the after-effects of the energy transition has assessed 156 nations and ranked a surprising winner. Here, energy expert Indra Overland discusses the findings of the GeGaLo Index as part of our interview examining renewables and geopolitics.
Austrian researchers have proposed gravitational energy storage for locations with low demand. The scientists claim the system they are suggesting can be combined with other forms of storage as well as renewables, costs $50-100 per megawatt-hour of stored energy and $1-2 million per megawatt of installed capacity to develop.
A cooperation agreement was signed by the French corporations to launch the HyGreen Provence project, which is expected to produce annually 1300 GWh of solar electricity and 10,440 tons of green hydrogen by 2027.
Recent analysis from Wood Mackenzie predicts green hydrogen, produced primarily by solar electrolysis, will reach cost parity in Australia, Germany and Japan by 2030.
The state’s 2019 Integrated Resource Plan foresees just over 11 GW of solar power generation capacity and at least 11 GW – with a possibility of up to 19 GW – of energy storage necessary to meet resource adequacy as part of the state’s legally required 60% renewable portfolio standard by 2030. Prices have halved since 2017.
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