Stay up to date with the latest industry news, trends and analysis from the global wind, energy storage and power-to-X markets.
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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
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.
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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
There must be something in the water.
Hitachi Energy’s size marks it out as one of the bigger players in the energy storage sector. Headquartered in Switzerland, Hitachi Energy employs around 38,000 people in 90 countries and receives orders valued at a total of approximately $10 billion per year. It’s latest play in the energy storage market takes the form of its updated ‘E-mesh’ product, launched in November last year.
Renewable energy companies in Europe have started presenting wind and solar as ‘freedom energy’ while they seek to wean the continent of Russian oil and gas.
The cost of lithium (which is used in approximately 90% of the world’s grid-scale battery storage) has plummeted in recent years and projections showing the rapid expansion of the storage market are based on what some consider to be the false premise that the cost of lithium will continue to decrease.
“Azerbaijan has effectively leveraged our oil and gas resources in the Caspian Sea for the benefit of our country’s economic development. But the world is changing, and it is time to tap into a new resource in our seas – the power of offshore wind.”
Are you getting the most out of your energy storage assets? Peter Bance, chief executive of green energy technology provider Origami, says that many operators of energy storage assets are failing to grasp an opportunity to harness the power of real-time data.
It is eight years since more than 1,000 energy firms in Europe and the US were hit by malware from Russian hackers Energetic Bear.
Opportunities abound in the US and UK storage sectors and investors view both markets as having significant growth potential. US solar plus storage projects have proved to be particularly attractive in recent weeks with banking and wealth management company Investec and energy transition investment company Captona among those to have finalised deals.
Renewables companies are losing out on talented professionals because of overt and subtle discrimination against workers from black and ethnic minority backgrounds, says Ollie Folayan, co-founder and CEO of the Association for BME Engineers in the UK. He told Richard Heap how firms can respond.
Energy operators are increasingly aware of how software can boost profits at wind and solar farms. Now they want the same for storage.
Energy storage system manufacturer Storage Power Solutions (SPS) has spotted a big opportunity. The Canadian company – which is headed by co-founders and managing directors Laszlo Lakatos-Hayward and Mike Oreskovic – reckons the North American market for behind-the-meter commercial and industrial (C&I) customers with DC-coupled solar plus storage offers rich pickings. So, now it’s time to scale-up.
On Saturday, the worst kept secret in wind was finally confirmed: Siemens Energy wants to pay €4bn for the 33% it does not own of Siemens Gamesa.