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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Last week, Kimberly-Clark signed a power purchase agreement with Octopus Renewables Infrastructure Trust that will lead to the construction of a wind farm in Scotland that will power 80% of the company’s UK electricity needs.
If you run an energy storage business, have a strong scientific background, business acumen, and a need for an investor, then Roee Furman could be the person you’ve been seeking. Furman is managing director of Doral Energy-Tech Ventures (DETV), the corporate innovation and venture capital investment arm of renewable energy infrastructure developer Doral.
“The stability we all depend on is breaking. This story is one of inequality as well as instability."
Are your potential customers still struggling with a fear of storage? While the popularity of energy storage is on the increase, it continues to face the challenge of how to win over more-risk averse clientele. This is a challenge of which Omnidian, a Seattle-based solar system performance plans and guarantees provider, is acutely aware.
US onshore wind is poised for phenomenal growth this decade because of policies in the Biden administration’s Build Back Better Act.
How can you optimise the performance of energy storage assets? Energy storage optimisation software provider Arenko believes it has the answer. Arenko is a company that has evolved significantly since it was established – by CEO Rupert Newland – in 2014 primarily as an owner and operator of battery assets.
Emerging markets are an attractive proposition for many companies given the potential for higher returns on investment. But, in wind, some countries are putting up obstacles that are curbing progress and putting off investors.
The month of October saw a number of major energy storage investments with significant deals in China and North America in particular. Arguably most eye-catching of all was China-based Primavera Capital Group’s $600 million investment in two subsidiaries of storage products company Envision Group.
There’s no shortage of investor interest in wind and solar farms.
What’s the key to becoming a great investor? Billionaire Warren Buffett once said that his philosophy could be summed up thus: “Be fearful when others are greedy and be greedy when others are fearful.”
US President Joe Biden is due to jet in to the COP26 climate talks in Glasgow in the next week.
Long-duration energy storage systems provider ESS has made history. Following a merger with special purpose acquisition company ACON S2 Acquisition Corp, it recently listed on the New York Stock Exchange and, in doing so, pronounced itself as the first long-duration storage manufacturer to go public.