US set grid-scale BESS deployment record in second quarter of 2024
Energy Storage News
OCTOBER 2, 2024
With more than 3GW of new deployments in the second quarter of this year, “energy storage is becoming a mainstay of the power grid” in the US.
2024 was a fantastic year for energy storage
Canary Media
DECEMBER 23, 2024
Now its increasingly a main attraction, reshaping both the power grid and the automotive industry, and 2024 was easily the sectors biggest year yet. Energy storage used to be the cute companion nipping at the heels of solar and wind. The oft-cited constraints on batteries manufacturing bottlenecks, mineral
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Chart: Solar and wind overtake fossil fuels on the EU power grid
Canary Media
AUGUST 2, 2024
A new report from think tank Ember shows that in the first six months of 2024, solar and wind rose to account for 30 percent of the region’s electricity generation, while… In a major milestone, the European Union generated more electricity from solar and wind than from fossil fuels in the first half of this year.
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Recent Deals – 26 March 2024
CleanTech Group
MARCH 26, 2024
Modular direct air-capture machines; AI-powered grid management systems; and aquaculture technology that minimizes environmental impact – Recent deals worth looking at: Agriculture. The post Recent Deals – 26 March 2024 appeared first on Cleantech Group.
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1H 2024 US Clean Energy Market Outlook: Moving Past 2030
BloombergNEF
MAY 30, 2024
Almost 1 terawatt of new solar and wind capacity will connect to the US power grid between 2024 and 2035, BloombergNEF forecasts. The post 1H 2024 US Clean Energy Market Outlook: Moving Past 2030 appeared first on BloombergNEF.
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Five priorities for US utilities in 2024
Smart Energy International
DECEMBER 27, 2023
According to West Monroe, in the US specifically, there are five priorities for utilities in 2024: decarbonisation and integrated electrification and gas planning; decentralised and virtual power supplies; transmission infrastructure needs; resiliency and security objectives; system operations digitisation.
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Solar State Spotlight: The Success of Texas
Mosaic
MARCH 13, 2025
GW of solar in 2024. Texas is also the fastest-growing market for grid storage, adding nearly 9,700 megawatts to the grid in 2024. Solar electricity generation and utility-scale batteries within the Electric Reliability Council of Texas (ERCOT) power grid set records this summer.
Indonesia’s 35-MW Ijen geothermal power plant starts commercial operations
ThinkGeoEnergy
FEBRUARY 9, 2025
PT Medco Cahaya Geothermal (PT MCG) has officially announced the start of commercial operations of the 35-MW Ijen Geothermal Power Plant (PLTP), making it the first geothermal power facility in the East Java region of Indonesia. Commercial operations of the facility was initially targeted by the end of 2024.
Intersect Power closes financing for 1GWh of battery projects due in 2024
Smart Energy International
JULY 19, 2024
US clean tech company Intersect Power has closed $837 million in financing for the construction and operation of three standalone battery energy storage systems (BESS) in Texas, representing 1GWh in storage that will move from concept to commissioned in under 12 months.
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Volkswagen and bp to roll out 8000 EV charge points across Europe by 2024
Smart Energy International
APRIL 29, 2022
The aim is to deliver up to 8,000 Flexpole charge points across European countries by the end of 2024. Their aim is to transform access to EV charging in key European markets by rapidly building a fast charging network across Europe by 2024. The Flexpole units can be directly connected to a low voltage grid.
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Managing power grid complexity: The 5 biggest priorities for utilities in 2024
Smart Energy International
JANUARY 18, 2024
In today’s distributed energy system, managing power grid complexity is challenging. But grid operators are often handling these changes with an ageing infrastructure that wasn’t built with a distributed energy system in mind. What is grid orchestration and why is it critical in 2024?
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Smart Energy Finances: Navigating the 2024 energy landscape
Smart Energy International
DECEMBER 21, 2023
This final 2023 edition of Smart Energy Finances Weekly looks into key deals from the last year and different trends to keep your eye on as we transition into 2024. Think AI-boosted investment platforms, moves to ease up grid connection queues and top tech players to watch.
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The clean energy transition is just getting started with much more to come in 2024
Smart Energy International
JANUARY 22, 2024
shares his expectations for the clean energy transition in 2024. In 2024, the race to set and achieve bold clean energy targets will intensify. In 2024, deployment of these decentralized models will accelerate as utilities and regulators continue to see the advantages. Have you read? GW of storage online by 2030.
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Significant Investment Needed to Ready the Global Power Grid for Net Zero: BloombergNEF report
BloombergNEF
DECEMBER 20, 2024
London, 12 December 2024 In order to keep up with the energy transition, the worlds power grids will require significant investment and new mileage between now and 2050.
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Clean electricity regulations will keep energy affordable and our economy competitive
Clean Energy Canada
DECEMBER 17, 2024
The world now invests almost twice as much in clean energy as it does in fossil fuels: Global energy investment is set to exceed US$3 trillion for the first time in 2024, with US$2 trillion going to clean energy technologies and infrastructure.
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Reaching COP28 energy goals requires real VPP progress in 2024
Smart Energy International
FEBRUARY 9, 2024
Power grids globally must be upgraded by 2040 to keep the lights on. And while these upgrades will likely cost trillions, virtual power plants (VPPs), writes Autogrid’s Gisela Glandt , can curb these costs to the tune of $10B annually. Making 2024 count – First steps Climate conversations are now mainstream.
Investment in clean energy likely to be double figure for fossil fuels in 2024, IEA says
The Guardian: Energy
JUNE 5, 2024
Low-carbon electricity investment driven by solar projects but oil and gas spending still too high to meet climate goals Global investment in low-carbon electricity will rise to 10 times as much as fossil fuel power this year due to an increase in spending on solar projects, according to the International Energy Agency. Continue reading.
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China may be shifting from coal to renewables
Envirotec Magazine
AUGUST 27, 2024
However, even though the number of new coal power permits has decreased, the existing pipeline of projects still poses a challenge for China to meet its climate targets and energy transition ambitions, says GEM. Despite these signs of a shift, it may not be enough to reshape the country’s emissions decisively.
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Renewables overtake fossil fuels in 2020 as Britain's power grid enjoys 'greenest year' yet
Business Green
FEBRUARY 14, 2021
per cent of Britain's power supplies, with coal supplying just 1.6 per cent as more plants shuttered last year in preparation for the government's proposed 2024 coal power phase-out deadline. In contrast, fossil fuel sources made up 39.6
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Energy cybersecurity in 2024: Building accountability and responsibility
Smart Energy International
FEBRUARY 16, 2024
Whilst still limited in its impact in Ukraine, cyber skills have developed into weaponry for war, and power grid operators are already being caught in the crossfire.
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New Orleans power grid reliability improved 24% since 2019, utility says
Smart Energy International
JUNE 16, 2024
Entergy is touting the success of a grid modernisation and reliability task force that significantly improved power grid reliability in the utility’s New Orleans service territory. Sign up to our newsletter and stay informed Originally published by John Engel on Power Grid International.
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'Just sensible investment': Keir Starmer holds firm on £28bn green spending goal
Business Green
JANUARY 4, 2024
Labour leader reiterates 'unapologetically ambitious' pledge to build a decarbonised UK power grid by 2030 in first major speech of 2024
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2024 Clean Energy Milestones
Mosaic
DECEMBER 11, 2024
As we look back at the 2024 year, were reflecting on a few of the top clean energy milestones that inspired our clean energy mission! From solar installations that broke records to increased global investments, the future of clean energy promises to be bright and it showed in 2024. exceeded five million solar installations.
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By 2029, Half of New US Wind Installations Will Be Offshore
GreenTechMedia
JUNE 25, 2020
In 2024, offshore wind will comprise over a third of the year’s wind capacity installations in the US, increasing to close or even half of the wind build in each subsequent year to 2029. Vineyard Wind and Revolution Wind shocked with levelized 2019$ prices in the $65-80/MWh range.
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Surge in WA emissions puts Australia’s net zero targets in doubt
The Guardian: Energy
MARCH 24, 2024
Modelling results presented to the state government late last year and obtained by Guardian Australia showed that the state’s carbon emissions in 2024 are on track to reach 91.5m tonnes of carbon dioxide-equivalent, or about 20% above 2005 levels.
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Taiwan breaks ground on substations and grid-balancing STATCOM systems
Smart Energy International
MAY 7, 2024
The substations, located in central Taiwan in Changhua County, are being installed following closure of a deal between GE Vernova and TECO, a global motor manufacturer, in early 2024. “Through its collaboration with GE Vernova, we can enhance Taiwan’s renewable power grid and ensure a more stable electricity supply.”
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Cuba’s power went out across the island on Friday
The Verge: Energy
OCTOBER 18, 2024
People cross a street while a traffic light is off in Havana on October 18, 2024, during a nationwide blackout caused by a grid failure. Photo: Getty Images Cuba lost power across the nation on Friday after a major power plant failed, according to the country’s energy ministry.
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EDF and Terna launch three-point power refurbishment project
Smart Energy International
MAY 30, 2024
Co-financing for the project was approved by the Italian and French regulators in January 2024. Have you read: Italy’s Terna announces €16.5bn investment plan guided by twin transition EDF launches UK’s first heat pump tariff Preliminary works will start in the second quarter of 2024.
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Bullet EV launches as installer of EV chargers, solar panels and battery storage systems
Charged
AUGUST 21, 2023
Newly launched renewables services company Bullet EV , headquartered in Austin, Texas, has announced its goal of taking on the challenges of EV charger scarcity, a strained power grid and volatile electricity rates. The company plans to expand nationally during 2024. Source: Bullet EV
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ADS-TEC Energy announces growing order volume for its EV charging stations
Charged
NOVEMBER 13, 2023
Ireland-headquartered battery storage technology company ADS-TEC Energy has received more than 100 million euros in new orders, from both existing and new customers, for delivery of its fast-charging systems in 2023 and 2024. New customers include Dutch charging point operator PowerGo, which has ordered 20 ChargeBox systems.
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Swiss firm Designwerk presents container-sized Mega Charger for commercial EVs
Charged
DECEMBER 1, 2023
Designwerk’s Mega Charger is a battery-buffered charging station with two CCS charging points, each with maximum power output of 420 kW. The container-sized charging station is equipped with batteries with a capacity of up to 2 MWh, in order to avoid burdening the power grid at peak demand times.
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Entergy Texas files for first phase of its grid resilience plan
Smart Energy International
JULY 2, 2024
Entergy Texas cites the National Centers for Environmental Information, which finds 179 extreme weather events in Texas from 1980 to June 2024, including hurricanes and winter storms. The accelerated hardening projects included in Phase one total a $335 million investment in the Southeast Texas power grid.
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Enel unveils plan for €18.6bn grid investment
Smart Energy International
NOVEMBER 22, 2023
Italy’s Enel Group has announced a new investment strategy for the period 2024-2026, doubling down on grid investments and being more selective in renewables. The nearly €19 billion for grid investments will focus on improving quality, resiliency and digitalisation of the power grid, alongside new connections.
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Investment needed to keep grid fit for purpose says Enel Grids boss
Smart Energy International
NOVEMBER 28, 2023
What we need to work on is (grid) investments.” Last week, Enel Group announced a new investment strategy for the period 2024-2026. billion ($38.96) by 2026, nearly €19 billion for grid investments will focus on improving quality, resiliency and digitalisation of the power grid, alongside new connections.
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California Shifts $100M in Behind-the-Meter Battery Incentives to Low-Income Communities
GreenTechMedia
OCTOBER 23, 2020
Since 2018, hundreds of thousands of Pacific Gas & Electric customers and tens of thousands of Southern California residents have experienced blackouts as utilities de-energize power grids to prevent them from sparking wildfires. California Sen.
Avista Utilities to Host Bidgely EmPOWER AI 2024 Conference Showcasing Advanced Solutions for Load Shifting, Grid Planning and Modern CX – Press Release
Bidgely
JULY 23, 2024
Avista Utilities to Host Bidgely EmPOWER AI 2024 Conference Showcasing Advanced Solutions for Load Shifting, Grid Planning and Modern CX Join Tucson Electric Power, SoCalGas, Rocky Mountain Power and others to learn real-world applications of AI and explore future technology advancements LOS ALTOS, Calif.,
Tackling the energy transition with a grid that can sense, think, and act
Smart Energy International
JANUARY 30, 2024
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. All this ratchets up the importance of transforming the power grid into a dynamic entity that can sense, think, and act.
Sunrun - Sunrun's Power Plant Programs Complete Successful 2024 with Expansion and Innovation To Support Power Grids Across the Country
Global Renewable News
FEBRUARY 4, 2025
Sunrun (Nasdaq: RUN), the nation's leading provider of clean energy as a subscription service, announced today (Feb 4) that its growing portfolio of virtual power plants (VPPs) successfully supp.
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Massive solar array to power airside electric ground service vehicles at JFK Airport’s New Terminal One
Charged
JANUARY 24, 2025
The New Terminal One will have what its creators have said is the largest solar array at any US airport, which will power a fleet of electric vehicles used at the terminal both landside and airside. Construction of the massive array, consisting of more than 13,000 solar panels on the terminals roof, began in 2024.
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Shetland wind power set to reach UK mainland via new HVDC link
Business Green
AUGUST 3, 2020
Capable of transmitting 600MW, the Shetland HVDC Connection is expected to be operational in 2024. The switching stations will convert harnessed wind power from Alternating Current to Direct Current for the long distance transmission cables and then back again, leading to lower power losses and so reduced costs and a smaller carbon footprint.
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Global grids investment starting to pick up – IEA
Smart Energy International
JUNE 6, 2024
The IEA has reported that grids investment is expected to reach $400 billion in 2024, with Europe, the US, China and parts of Latin America leading the way. Have you read?
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Siemens doubles down on industrial metaverse
Smart Energy International
JANUARY 10, 2024
Making the announcement at the 2024 Consumer Electronics Show, where the metaverse has emerged as a top topic, Siemens introduced partnerships with Sony, Amazon Web Services and Microsoft that are expected to lay the foundation for the industrial metaverse with the immersive reality it brings for industrial and other users.
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Impact Clean Power develops GigafactoryX in Poland to produce a heavy vehicle battery
Charged
JULY 28, 2023
A 1 MWh energy storage facility is also planned for the PV plant and power grid. The first-phase line will produce 16,000 battery systems annually by 2024, up from 2,500 today. The GigafactoryX public transport battery production line is supplied and installed by teamtechnik Production Technology Poland.
Ore Energy emerges from stealth to build utility-scale batteries that last days, not hours
TechCrunch: Climate
MAY 22, 2024
Enter long-duration energy storage, or massive batteries tailored to […] © 2024 TechCrunch. Wind turbines might make up some of the shortfall, but what if the wind disappears at the same time? All rights reserved. For personal use only.
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