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UK ‘needs to play catch-up’ in global race to rewire electricity grids

The Guardian: Energy

For every 1 spent on renewable energy projects, only 25p was invested in connecting them to grid, report finds The UK is lagging behind in the race to rewire the worlds power grids by investing four times more on renewable energy projects than on the electricity cables needed to connect them to the grid and consumers, according to a new report.

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China Southern Power Grid: Budget 8 billion to invest in new businesses such as distributed photovoltaics and distributed wind power.

EnergyTrend

China Southern Power Grid: Budget 8 billion to invest in new businesses such as distributed photovoltaics and distributed wind power. OnMay13,ChinaSouthernPowerGridreleasedthe"InvestorRelationsActivityRecordFormonMay10,2024".Accordingtothedisclosureinthetable,thecompany's2024budgetha.

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Shetland wind power set to reach UK mainland via new HVDC link

Business Green

Major milestone reached for pioneering green grid project. A major renewable energy infrastructure project is to bring wind power from Shetland to the UK mainland via Europe's first multi-terminal high-voltage direct-current (HVDC) interconnection, the firms behind the development announced yesterday.

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Hydrogen fuel supply in Japan gets major investment from top power company

Hydrogen Fuel News

The energy giant intends to make an investment of over $6 billion into H2 by 2035 The largest power generation company in Japan, JERA, has announced its intention to make a massive investment into the ammonia (NH3) and hydrogen fuel supply. billion to $12.8 billion) into the production of H2 and NH3.

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Battery storage sector warns the system operator is not ready to deliver a grid fit for the future

Envirotec Magazine

This new public body will be responsible for helping to deliver the Government’s target of a net zero power grid by 2030. In a letter to the ESO, the coalition has said the ongoing issue of constraint skips is “holding back investment and driving up consumer bills”, all while risking the 2030 target.

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By 2029, Half of New US Wind Installations Will Be Offshore

GreenTechMedia

The United States offshore wind industry is set to ramp up from near-zero today to as much as 25 gigawatts in 2029, according to new Wood Mackenzie research. The phasing-out of the federal Investment Tax Credit (ITC) adds some uncertainty to the offshore sector’s outlook as well.

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Toyota and BMW Double Down on Hydrogen Fuel Cell Engine Technology

Hydrogen Fuel News

Additionally, regions with renewable energy surplusessuch as wind power from offshore farmscan use that excess energy to produce green hydrogen, further integrating this technology into sustainable power grids. By offering an alternative energy carrier, hydrogen may help balance demand and diversify the energy mix.