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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Portugal and Spain are set to use floating wind to unlock their offshore wind potential. But floating wind pioneer Equinor's decision to delay a 1GW project in Norway could hint at troubles ahead.
The UK government's proposal for a levy on energy bills to support the installation of hydrogen infrastructure risks a backlash against the sector, critics have warned.
The US Inflation Reduction Act 'opened the door' for tax equity investment in standalone storage, but exorbitant costs and a shortage of providers make it an unrealistic option for smaller developers
Bids are due next month in Japan's second utility-scale offshore wind tender, but the country must move faster to finally unlock its potential.
By 2050, solar and storage is expected to contribute 74% of South East Asia's renewable energy, but transparency issues are deterring private investors
Norway has delayed a controversial new tax on wind farms until 2024, but the government has reiterated that it wants communities to receive a "fair share" of the value created by renewable energy projects.
The green hydrogen electrolyser market is on the cusp of rapid expansion. We talk to Arne Ballantine, CEO of electrolyser manufacturer Ohmium, about how it can scale rapidly in an ever-evolving market.
UK storage capacity could grow more than tenfold by 2030 – but only if grid connection and supply chain challenges are addressed
Republicans in Texas are pushing for wide-ranging legislative changes that could undermine the investment credentials of wind farms and end the US state's long wind boom. The impacts for the industry could be far-reaching.
Major energy-related cyberattacks are 'probable' in the next two years - the battery storage sector needs to protect assets as such incidents could lead to loss of life
The US Department of Energy has set out its plan to achieve 110GW offshore wind by 2050, but it has to contend with concerns from its own military.
North Sea nations are planning 300GW of offshore wind paired with green hydrogen production, but the power-to-X sector needs a plan to avoid bottlenecks and other obstacles.