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
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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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There are 680 large hydrogen projects in development worldwide worth a total of $240bn, the Hydrogen Council has said. If the technology is to play a major role in helping the world reach zero, there must be $700bn invested by 2030.
Some of the biggest asset management firms in the world have recently made some notable acquisitions in the energy storage sector. Blackrock, KKR and Carlyle are among the heavy-hitters who have added storage assets to their portfolio. The deals have highlighted the broad appeal of all types of storage, whether that be massive industrial assets or smaller community-based storage portfolios.
Last week, A Word About Wind published a rundown of key talking points at our Financing Wind North America event in New York on 2nd November.
It’s anticipated that the introduction of the Inflation Reduction Act (IRA) will lead to a dramatic increase in the deployment of energy storage in the US. However, transmission interconnection is proving to be a major challenge.
The COP27 climate conference in Egypt ended on Sunday with pledges about renewables that lived down to our expectations.
On Friday 11th November, renewables intelligence specialist Tamarindo convened the first meeting of our Power-to-X Leadership Council at the Institute of Mechanical Engineers in London.
With a market cap of around $2 billion, NYSE-listed Stem Inc is viewed as one of the market leaders in the provision of software for optimising energy storage assets. Energy Storage Report spoke to Stem’s chief technology officer Larsh Johnson to get the lowdown on the company’s offering, and also understand why it’s important to accurately model revenue streams and system performance over the long term.
People say the devil is in the detail, but sometimes there’s delight too. That is the case with the Inflation Reduction Act that entered US law in August.
Long duration energy storage – that is, technologies that can store power from half a day to a week – have the potential to play a major role in the development of a net zero world, but it’s a technology that society has, so far, failed to capitalise on. Why? There are a number of factors involved - however, perhaps the main problem is that governments are failing to provide sufficient policy support.
Environmentalists welcomed the victory of Luiz Inácio Lula da Silva in Brazil’s presidential election last week.
On 11th November, renewables intelligence specialist Tamarindo will host the first meeting of our Power-to-X Leadership Council, an action-focused, member-driven working group that is advancing the integration of renewables and hydrogen.
Two weeks ago, the Biden-Harris administration revealed the details of its plan to “supercharge” the manufacturing of batteries for energy storage and electric vehicles in the US. Here, Energy Storage Report brings you the lowdown on each of the 21 projects that will be funded to the tune of $2.8 billion in an effort to achieve this goal.