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grid flexibility

India’s Energy Storage Tech Capacity to Reach 180-800 GW by 2050

During the last decade, the cost of energy storage technologies, primarily lithium-ion battery energy storage systems (BESS), has declined rapidly and is projected to decline further over the next decade. This comes at a time when electricity grid flexibility is being recognised as an essential resource for reliable operations and for integrating high amounts of […]

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IDtechex Predicts Bigger Role For RFB Batteries Over Lithium Storage By 2030

“We are looking at the solution, but most of the time we forget the problem.” The energy scenario is changing as a result of years of green policies adopted by the major countries in the world. With energy storage playing a key role toward the integration of variable renewable energy (VRE) in the power grid, […]

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Members to Expand Cross-border Interconnections as Shares of Renewables Grow: IRENA

According to IRENA’s World Energy Transitions Outlook, to achieve climate goals, global electricity generation must expand three-fold by 2050, making grid flexibility exceptionally important as countries race to reduce emissions. Cross-border interconnection represents one of the key solutions to dealing with the variability of renewable power and grid stability issues. This topic was the focus […]

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Enel’s First Large-Scale Wind + Storage Hybrid Project Will Support Kellogg Company With Renewable Energy

Enel, through its US renewable subsidiary Enel Green Power North America, has started construction of Azure Sky wind + storage, its first large-scale hybrid project globally to integrate wind and battery storage at one site. Through a 100 MW virtual power purchase agreement (VPPA), Enel will sell to Kellogg Company a 360 GWh portion of the electricity […]

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Plus Power to Build Two Mega Battery Power Plants in New England

Battery storage system provider, San Fransisco based Plus Power has won the two biggest bids in the latest capacity auction held by the New England’s International Organization for Standardization (ISO). England ISO operates the transmission grid and competitive power markets in six Northeastern states. Plus Power focuses on standalone battery energy storage systems that foster […]

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Australia Needs Ambitious RE Target Policy to Unlock Investments: WoodMac

Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to Wood Mackenzie Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to research firm Wood Mackenzie. The share of renewables in the country’s National Electricity Market (NEM) power generation mix is expected to […]

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Urgency of Meeting Electricity Demand in China From Zero-Carbon Sources: Report

A new report has highlighted both the opportunity and urgency of meeting electricity demand growth in China from zero-carbon sources. On September 22, 2020, President Xi Jinping announced that China will strive to peak emissions before 2030 and achieve carbon neutrality before 2060. This new climate pledge is a critical step forward in the global […]

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Vestas Launches Venture Investment Programme to Accelerate Innovation Within Sustainable Energy Solutions

Driving on from its success in the wind energy segment, global wind energy major Vestas has announced that to accelerate the deployment of sustainable energy, the electrification of societies and unlock new growth opportunities, it is now launching a new venture investment programme entitled Vestas Ventures. “We want to combine Vestas’ 40 years of experience in pioneering […]

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EESL Invests in SWAG EV to Catalyse Energy Transformation in SE Asia

EESL will invest in SWAG EV, an emerging e-mobility player in an attempt to catalyse an energy transformation in Southeast (SE) Asia. Energy Efficiency Services Limited (EESL), as per its claims the world’s largest energy service company, has announced it will invest in SWAG EV, an emerging e-mobility player to drive the use of electric […]

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