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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US start-up Koloma has raised $91m to support its expansion in the mining of naturally-occurring 'white' hydrogen. We look at whether this technology is about to hit the mainstream, and ask whether it will upend the business models of green hydrogen players.
Institutional investors have begun backing storage in a big way, but increased investment is bringing more scrutiny for which many energy storage businesses will be unprepared
Rising costs are forcing UK offshore wind developers to make tough choices about their projects, as Vattenfall's decision to put its 1.4GW Norfolk Boreas on hold shows. We consider what this means for offshore wind companies in UK and other European countries.
US interconnection waiting times are on the increase, with 680GW of storage queued, what can be done to increase the prospects of securing grid connections?
Wind will play a vital role in the energy transition as a standalone electricity source and an enabler of green fuel production. We caught up with Jeroen van Hoof, Vice Chair for the World Energy Congress in Rotterdam in April 2024, to discuss the big challenges for the energy transition.
The purchase by CPP Investments of a majority stake in Dutch developer Power2X is the latest example of a large Canadian firm making inroads in the green hydrogen sector. We analyse some of their biggest deals.
Wind curtailment has cost the UK more than £1 billion in the last three years, highlighting the critical need for more energy storage
This month, Siemens Energy has set up a taskforce to get to the bottom of the turbine challenges in its subsidiary Siemens Gamesa, which forced the firm to withdraw is 2023 profit guidance. The company is set to reveal further details in its third-quarter results next month.
The nation's economy has been devastated by blackouts, now energy storage is being viewed as the solution to most of South Africa's electricity problems
The start of construction on the long-awaited 3GW TransWest Express transmission line in the US is positive. But the project also shows the challenge that exists globally if countries are to unlock the $21.4trn investment that is needed to upgrade grids for net zero by 2050.
Australia was one of the first countries to commit to hydrogen, and it has followed up with initiatives including its A$2bn Hydrogen Headstart fund. But faced with stiff international competition for investment, it is at risk of squandering its early-mover advantage.
The Netherlands is targeting 9GW of battery storage by 2030, but deployment is being jeopardised by transmission tariffs and a lack of understanding of battery revenue streams