Remove Hydropower Remove Natural gas Remove Power grid
article thumbnail

Hitachi Completes Acquisition of ABB Power Grids to Tackle Renewable Energy’s Rise

GreenTechMedia

Japan’s Hitachi has completed its acquisition of a majority stake in ABB Power Grids worth up to $7.8 billion, creating a new business aimed at tackling the renewable and distributed energy frontiers of the power industry. percent stake in the venerable power grids unit of the Swiss-Swedish engineering giant.

article thumbnail

Sage Geosystems Unveils Results of Energy Storage System Pilot

Solar Industry

Results show the technology is cost-competitive with lithium-ion batteries, pumped storage hydropower and natural gas peaker plants. Calculated LCOS that is cost-competitive to pumped storage hydropower and lithium-ion batteries. Sage Geosystems Inc. ,

Energy 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sage enters land use agreement to build first Geopressured Geothermal System

ThinkGeoEnergy

“Once operational, our EarthStore facility in Christine will be the first geothermal energy storage system to store potential energy deep in the earth and supply electrons to a power grid,” said Cindy Taff, CEO of Sage Geosystems.

Lithium 101
article thumbnail

Sage reports successful results of underground energy storage pilot

ThinkGeoEnergy

Further, the results show Sage’s technology is cost-competitive with lithium-ion batteries, pumped storage hydropower, and natural gas peaker plants. Calculated LCOS that is cost-competitive to pumped storage hydropower and lithium-ion batteries. ” Landmark Results Short- and Long-Duration Storage.

Energy 59
article thumbnail

Dominion Targets 24GW of Renewables and Storage in Move Toward Virginia’s Clean Energy Goals

GreenTechMedia

Under the law, Dominion Virginia and the smaller Appalachian Power Co. must supply 30 percent of their power from renewables by 2030, and Dominion must close all carbon-emitting power plants by 2045. Retreat from natural gas not enough for environmental advocates.

article thumbnail

New Sustainable Energy Factbook shows 2020 was ‘blockbuster’ year for renewables in America

Renewable Energy World

The ninth edition of the Sustainable Energy in America Factbook tells the story of American energy efficiency, natural gas and renewable energy in a volatile year. Figure 2 shows that natural gas and renewable generation continued to expand their share of the resource mix. power in 2020. A record 33.6

article thumbnail

Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

Managing power grid complexity: The 5 biggest priorities for utilities in 2024 Energy Transitions Podcast: Accelerating decarbonised power generation at scale Notable expansion of the data centre sector also is likely, with consumption from data centres, AI and the cryptocurrency sector potentially doubling by 2026. .