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
All articles
More than 30million extra people need to start working in renewables by 2030 if the world is to make a shift to cleaner energy, research has said.
Concerns about the fire risks posed by lithium-ion battery storage systems continue to mount. Research has shown that there have been around 40 known fires to have occurred in large-scale lithium-ion battery systems. Now a group of politicians in the UK have decided to take action.
China reinforced its position as the world’s largest offshore wind market in the first half of 2022.
Solar projects combined with storage have proved to be particularly attractive to investors in recent months, with the closing of financing deals focussed on the UK market being a notable trend.
“Europe’s hydrogen sector is at a precipice.”
With predictions that the amount of energy storage deployed globally could reach almost 500GW by 2031 – according to data from Wood Mackenzie – which battery cell manufacturers are currently best placed to capitalise?
It has been a tumultuous few months in Australia.
It’s a lustrous, very hard, silvery metal and some would argue that the world’s prospects of bringing about the climate transition are being jeopardised by doubts about its future availability. Cobalt, which is found in the earth’s crust, has been identified as one of the metal ores which must be mined more extensively if storage is to play a key role in future energy systems around the globe. This is because cobalt increases both battery life and energy density. The problem is mining cobalt is fraught with difficulties.
One of the US states currently deploying the largest amounts of grid-scale energy storage is Texas. Indeed, one energy sector CEO recently remarked that the state had “one of the fastest growing markets in the world for energy storage”. So what’s driving the surge in storage deployment in the ‘Lone Star State’?
France announced emergency measures in late July to help renewable energy developers. But what are they and will they work?
On 5th September, the UK’s Conservative Party is set to confirm who has won the race to be the new prime minister.
Excessively large grid-related fees across much of Europe are stifling the wider deployment of energy storage. Indeed, critics argue that tariff structures in many European countries are failing to comply with the EU-level rules on electricity market regulation, which state that tariffs should be “cost-reflective” and not discriminate against energy storage.