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WoodMac: Wind, Solar and Storage to Dominate Europe’s Power Grid by 2030

GreenTechMedia

Europe's power system will look very different in 2030, with energy storage supporting the “dominance” of wind and solar generation, according to new research from Wood Mackenzie. By 2040, Europe is expected to add another 169 gigawatts of wind and 172 gigawatts of solar.

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Dublin battery system to support the Irish power grid

Smart Energy International

In a bid to support Irish grid stability, Electricity Supply Board (ESB) has opened a major battery plant at its Poolbeg site in Dublin, which will add 75MW/150MWh of fast-acting energy storage. No electricity system can operate without a backup. In Ireland this has traditionally been provided by fossil fuel generation.

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Swell Readies Up To $450M in Financing for Solar-Plus-Battery Virtual Power Plants

GreenTechMedia

Swell Energy has lined up $450 million in financing to give homeowners and business owners batteries and solar systems at no upfront cost, and earn the money back by turning them into virtual power plants serving utilities’ grid needs. Ares Management Corp.

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China may be shifting from coal to renewables

Envirotec Magazine

Coal-fired power plant in Inner Mongolia. The pace at which renewable energy is being developed in China is leading to a slowdown in the approval of new coal-powered projects, according to a new report from the Centre for Research on Energy and Clean Air and Global Energy Monitor.

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Smart Energy Finances: Hitachi Energy acquires eks Energy

Smart Energy International

Swiss tech major Hitachi Energy has acquired eks Energy in a strategic move to add power and electronics and energy management software to their ever-growing portfolio. Hitachi Energy called the move part of its strategy to meet global demand for battery energy storage solutions.

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Tackling the energy transition with a grid that can sense, think, and act

Smart Energy International

Why do renewables such as distributed energy resources (DERs) present such a challenge? The hard truth is that the majority of electric grids were not originally designed to accommodate DERs, writes Dominique Verhulst, head of the Energy Segment at Nokia’s Network Infrastructure Group.

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Why electrification is key to curbing future climate change

Smart Energy International

Electrification holds the key to cleaner, more efficient energy distribution and use. According to the EU’s Copernicus programme , 2023 was the world’s hottest calendar year since records began. Earth Day 2050 What will our planet’s climate be like on Earth Day 2050 if we don’t deliver the energy transition?