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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We look at Qatar's plans for renewables ahead of this month's World Cup in the Middle Eastern state, and round up the big news for wind.
We urgently need to find ways to make viable batteries using raw materials other than lithium, cobalt and nickel.
We look at whether Covid-19 and the Ukraine war are bringing long-term benefits for renewables, and round up the biggest news in wind.
The US state of California is widely recognised as having one of the world’s most vibrant energy storage markets. It’s a part of the world that is brimming with storage evangelists and, consequently, it was no surprise that a report published earlier this year highlighted California as the US state with the most battery storage capacity in development, with a total of 5,773MW.
The US has become one of the world’s hottest renewables investment markets due to the Inflation Reduction Act, which became law in August.
By how much will storage investment increase this year? Which region of the world offers the biggest opportunity for storage investors? And could the V2X [vehicle-to-everything] sector offer benefits for energy grids? These were among the questions asked, and the issues debated, at the Energy Storage Global Conference – organised by the European Association for Storage of Energy (EASE) – in Brussels this week.
A Word About Wind spoke to Tim Koenemann, head of renewable energies at Commerzbank, during the WindEnergy Hamburg conference two weeks ago to talk about inflation, new technologies and the mood in Germany.
Last week saw Intersect Power confirm the $3.1 billion financial close of one of the US’ largest ever solar-storage portfolios. Who were the individuals responsible for putting together what is not only one of the largest financings of its kind, but also one of the most innovative?
India’s Prime Minister Narendra Modi came to power in 2014 pledging support for renewables.
What’s the difference between potentially making millions with energy storage assets and losing millions on them? Making the best use of data. That’s the view of Quentin Draper-Scrimshire, CEO and co-founder of Modo Energy. And the fact Modo has an ever-growing roster of clients indicates that a significant proportion of the market shares his view.
This month, Canadian province Nova Scotia announced it is looking to hold its first offshore wind tender by 2025, and plans to tender over 5GW by 2030.
Energy storage innovation is largely unsupported in the UK and woefully underfunded. Consequently, the UK is “lagging behind its peers” in the energy storage innovation race. As a result, the UK government is passing up the opportunity to become a global leader in the field.