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
This has been a momentous week for the US renewables sector.
White & Case and CMS have been among the most active law firms in the energy storage sector in recent months, advising on deals in the UK, Australia, Belgium and Germany. Energy storage-related project finance, in particular, has been a lucrative source of work for law firms recently.
In a world of broken climate promises and missed emissions targets, investors in wind energy have moral certainty.
How can storage investors maximise the value of their assets? In an effort to address this issue, Washington DC-based energy storage services company Fluence – which is on course for annual revenues of around $1.1 billion in 2022 – entered into a strategic partnership with renewable energy software provider Pexapark earlier this year.
Europe’s summer holiday season is now in full swing – and those in its energy sector would be forgiven for craving a break more than usual this year.
Reading-based Anesco, the solar and storage developer that claims to have been responsible for connecting the UK’s first utility-scale battery storage unit, is now turning its attention to expansion in Europe.
This month, Germany’s Bundestag approved legislation that promises the largest expansion of renewables in the country’s history.
Currently, the storage market is dominated by lithium-ion batteries, but the expectation is that lithium supplies will become increasingly hard to access and consequently more expensive. So what other technologies could potentially step in to make up for a shortfall in batteries caused by a lack of available lithium?
“Guess who’s back. Back again. Mainstream’s back. Tell a friend.”
Concerns about energy security, along with the "affordability" of solar energy, have led to more than $1 billion being invested in US solar-storage companies and projects in recent weeks.
This month, Siemens Gamesa will stop making onshore turbines in the US.
Europe’s powerbrokers need to spend a little more time listening to Susan Taylor. Taylor is an energy storage analyst at the Brussels-based European Association for Storage of Energy (EASE). Research published by EASE concluded that storage deployment must hit 14GW annually to bring Europe’s 2030 climate goals within reach. Despite the warning, Taylor says there is no EU-wide storage strategy driven by targets.