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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Cloud storage is the bedrock of digital change in the global wind industry.
Everyone wants a piece of Energy Vault, the US-headquartered energy storage system provider. And very soon, many may see their wish fulfilled. Last month it was announced that the company will list on the New York Stock Exchange (NYSE).
Yesterday, the European Commission unveiled a host of policies that it said countries should use to cope with the energy crisis that is gripping Europe.
Investors have been piling into the storage sector in recent weeks. Storage deals gathered significant momentum in the last month as deal-making got into full swing following the holiday season slowdown.
The Spanish government has form for clobbering wind and solar investors.
Fires, floods, fury, and face masks.
NextEnergy Solar Fund (NESF) has become one of the latest players to make a bold move into the UK energy storage market. Last week it was revealed that NESF has entered into a £100m joint venture partnership (JVP) with battery storage specialist Eelpower.
Wind projects totalling 4GW in Vietnam are set to miss a key deadline of 1st November 2021 to win support under the nation's feed-in tariff (FIT) regime.
Could zinc batteries usurp lithium-ion’s strong market position and become the storage technology of choice? The potential certainly exists and Enzinc CEO Michael Burz is on a mission to make it happen.
ReNew achieved its public conversion by merging with blank cheque company RMG Acquisition Corporation II
Technology company ABB, which reported revenues of $26.1 billion in 2020, has focussed its energy storage investment strategy on research and development as it seeks to capitalise on a rapidly expanding global storage market that will be valued at almost $20 billion by 2027.