The World Bank has predicted that conflict in the Middle East could lead to a dramatic spike in oil prices, which is linked to increases in food prices - however it's argued that the forecasts do not take into account the ability of energy storage to meet demand
Analysis
Stay up to date with the latest industry news, trends and analysis from the global wind, energy storage and power-to-X markets.
US offshore wind is beset by economic challenges, but this shouldn’t blind the sector to the potential for incorporating green hydrogen production into project plans
Attendees at 'Financing Wind Offshore' in Boston last week were quietly optimistic, even though the Biden administration's target of 30GW installed offshore wind by 2030 now looks out of reach. That positivity will be needed in the year ahead.
The cost of living crisis means more people are considering going off-grid, and a new study shows that energy storage could enable two million family homes in Europe to do just that
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Opportunities for developers in the US are plentiful after the Inflation Reduction Act, but the challenges are growing too. We spoke to one developer, Bluestar Energy Capital, about its diversification plans.
Portuguese police have raided 42 properties looking for evidence of government corruption in four projects, including a green hydrogen hub in Sines. Prime Minister Antonio Costa has quit, the government is shaking, and there are tough questions for future tenders.
A recent Australian battery funding programme, which was ten-times oversubscribed, demonstrated the country's desperate need for energy storage to combat the nation's violently fluctuating electricity prices
Offshore wind developers and manufacturers are seeking opportunities to support production of fish, shellfish and seaweed at their offshore wind projects. Increasingly, this is being driven by the need to boost revenues as well as supporting biodiversity.
Ahead of next year’s World Energy Congress in Rotterdam, Claudio Seebach, regional vice-chair, Latin America & Caribbean at the World Energy Council, explains how countries can learn valuable lessons from Chile when it comes to increasing energy storage deployment and accelerating the energy transition
Inflation, permitting delays and supply chain disruption have dominated wind industry discussion in 2023, but there are reasons for the industry to be positive as we head into 2024 too.
The US Department of Energy is set to invest $7bn in seven regional hubs for green hydrogen development, to unlock total investment of $50bn. This has also given a major boost to serial winners including Air Liquide, GTI Energy and Plug Power.
A lack of consensus on the optimal storage technology is acting as a 'barrier to growth' of the sector, here Tamarindo's Energy Storage Report identifies the storage technologies expected to substantially increase market share by the end of the decade
New York has rejected calls from the developers of four offshore wind and 86 other renewables projects to boost PPA prices. This puts the US offshore wind industry in a perilous position ahead of our Financing Wind Offshore conference, but a new 4GW tender could offer a way forward.
A number of EPC contractors in the UK have ceased trading in recent months, with the result that energy storage deployment forecasts have been revised down
The S&P Global Clean Energy Index has shown a 28% fall since mid-July among the share prices of 100 leading renewable energy companies, in contrast to rises in the wider energy sector. We consider the impact of these outflows.
The European Union has approved rules about the sustainability of jet fuels as part of its 'Fit for 55' package. This coincides with moves by renewables firms and the aviation sector to boost production of sustainable fuels.