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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The energy storage sector needs to do more to promote the successes of its women leaders – here’s how you can play your part by nominating the top women leaders in the sector.
Hollywood actor Leonardo DiCaprio has joined US grid-scale energy storage development company Energy Vault’s strategic advisory board.
This week, Germany has pulled the plug on the Nord Stream 2 pipeline that was set to carry natural gas from Russia into Europe.
When the US government needs advice on electricity or renewable energy, Ramya Swaminathan is one of the first people it turns to. Four months ago, Swaminathan – who is the CEO of Cambridge, Massachusetts-based electro-thermal energy storage company Malta Inc, which has approximately 30 employees – was appointed to the US Department of Energy’s Electricity Advisory Committee.
Large floating offshore wind projects have received a major kickstart this year, according to Carlos Martin, CEO of BlueFloat Energy.
Though Eos Energy has grown dramatically since it became a listed company, CEO Joe Mastrangelo won’t be making any outlandish claims about how Eos’ technology is going to dominate the industry.
The tide is turning for institutional investment in offshore wind.
Moshiel Biton, CEO of battery storage technology company Addionics, is not afraid to stand out from the crowd. Biton says that, unlike other companies that try to improve batteries by focussing on the chemistry, Addionics took a different path by focussing on the physics.
A Word About Wind caught up with Lorenzo Palombi, global director of wind projects at BayWa r.e. Global, to talk about where offshore wind fits into the company’s plans; his views on floating wind; and pressures in key markets.
It’s been a monumental 12 months for Oregon-headquartered Powin Energy. Nearly one year ago, the battery energy storage company announced it had sold a controlling interest in the company in return for “significant equity funding” from private equity fund Trilantic North America and investment platform Energy Impact Partners.
Floating offshore wind has reached an inflection point in its global growth.
How can energy storage companies increase their chances of attracting investment? Developing an obsession with the wants and needs of your customers is a good place to start, according to Anil Achyuta, investment director and founding member at venture capital fund TDK Ventures.