Green H2 to Become Low-cost in 12 Markets by 2030; Brazil, Chile to Lead Updated On Mon, Dec 13th, 2021 by Saurenergy The hydrogen boom is well underway, but not all hydrogen is created equal. A spectrum of hydrogen colours are in play – but the real game-changer will come when low-carbon green hydrogen costs become competitive in major markets, states Bridget van Dorsten, Hydrogen Research Analyst, Wood Machenzie. In a recent report by WoodMac, “Hydrogen Costs 2021: […] Read more
Enel To Start Selling Electricity Directly To Consumers In Australia Updated On Mon, Dec 6th, 2021 by Saurenergy Giving a boost to its plans on offering its unique “green-tailer” product in Australia, Italian energy major Enel Group has secured an energy retail license from the Australian Energy Regulator (AER). As a part of its offering, Enel combines renewables from virtual power plants to EV charging options for its customers. The entry of Enel […] Read more
An Ancillary Services Market Will Be Key To Integration of 450 GW of Renewables By 2030 Updated On Sat, Nov 20th, 2021 by Saurenergy A new study, Electricity market design for efficient procurement of ancillary services in India to address changing system needs, by Wartsila and KPMG makes the case for power market reforms in India using power system simulation models. The study demonstrates that some of the renewable rich states in India could immensely benefit by adding more flexible generation […] Read more
Global Energy Storage Market Set to Hit 1 TWh by 2030: BNEF Updated On Thu, Nov 18th, 2021 by Saurenergy Energy storage installations around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 gigawatts/34 gigawatt-hours online at the end of 2020, according to the latest forecast from research company BloombergNEF (BNEF). This boom in stationary energy storage will require more than $262 […] Read more
Green Market Achieves 372.4 MU In Oct Volumes on IEX, As Power Trading Grows 36% YOY Updated On Wed, Nov 3rd, 2021 by Saurenergy In October’21 the electricity market at the Indian Energy Exchange traded 9165 MU volume with 8792 MU in power market and 373 MU in green market, achieving 36% YoY growth, according to a release from IEX. (Indian Energy Exchange). After the mini-power crisis of September, the month also saw a temperance in trading prices, for […] Read more
Ameresco to Mitigate California’s Electricity Issues with 2GWh BESS Updated On Tue, Oct 26th, 2021 by Saurenergy Ameresco, a cleantech integrator and renewable energy asset developer, owner and operator, has entered into a contract with Southern California Edison (SCE) to design and build three grid scale battery energy storage systems (BESSs) at existing substation parcels throughout SCE’s service territory in California. Due to the impact of the extreme weather events in the […] Read more
Sungrow Launches New Energy Storage Systems for APAC Commercial & Industrial Market Updated On Tue, Oct 26th, 2021 by Saurenergy Sungrow, a global inverter solution supplier for renewables, has rolled out its new energy storage system — ST129CP-50HV Series, for APAC commercial & industrial market. This product supports various applications including demand management, peak & valley arbitrage, self-consumption, power backup and micro-grid. ST129CP-50HV Series: Providing High-quality and Economical Electricity As renewable energy is emerging to […] Read more
Power Minister R.K. Singh Kicks Off GDAM Market In India Updated On Tue, Oct 26th, 2021 by Saurenergy R K Singh, Union Minister of Power & New and Renewable Energy, launched the new market segment, Green Day Ahead Market (GDAM) on October 25. The start of this market, combined with free ISTS for renewable energy projects and Open access permissions within 15 days should be a paradigm shift for the market, according to […] Read more
Singapore Plans Electricity Imports to Boost Security, Diversify Supply Updated On Mon, Oct 25th, 2021 by Saurenergy Singapore plans to import up to 4 gigawatts (GW) of low-carbon electricity by 2035, or about 30% of its total supply, trade and industry Minister Gan Kim Yong said on Monday, to diversify supply and boost energy security. The Asian city-state will start with trials to resolve technical and regulatory issues over cross-border power trading, […] Read more
