Renewable energy promoters have underestimated the effects of restrictions and low wholesale prices, putting countries like Spain at risk of bankruptcy. In April, the average wholesale price in Spain reached a historic low of just over 5 euros per MWh.The situation is even worse if regional energy trade is taken into account. In Bulgaria, the … Continue reading Curtailment, record-low power prices threaten photovoltaic investments in Spain
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Curtailment of wind power and photovoltaic increase 219% as of March in Chile
Energy losses increase and reach more than 18% of the country’s wind and solar production in the first quarter The so-called energy discharges increased by 219% in the first three months of the year and already represent more than 54% of everything that was lost in 2023. The lack of growth in demand and gaps … Continue reading Curtailment of wind power and photovoltaic increase 219% as of March in Chile
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China contemplates expansion of photovoltaic curtailment
China’s National Energy Administration (NEA) and State Grid Corp. of China (SGCC) are deliberating on the possibility of elevating the current cap on photovoltaic (PV) curtailment to accommodate the mounting pressure from new renewable energy projects struggling to secure grid connections. Presently, only a maximum of 5% of PV output can be curtailed from solar … Continue reading China contemplates expansion of photovoltaic curtailment
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Spain wastes 2.1 billion in photovoltaic and wind energy due to lack of demand and networks
Last year, Spain added a renewable generation capacity of 8,400 megawatts to its electricity grid, made up of 5,899 megawatts of wind and photovoltaic energy, and around 2,500 photovoltaic megawatts for self-consumption. This dynamism in the renewable sector has not been accompanied by similar growth in grid infrastructure, resulting in areas where local grids lack … Continue reading Spain wastes 2.1 billion in photovoltaic and wind energy due to lack of demand and networks
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The economics of wind and photovoltaics (PV) demand massive investments in integration now
The expansion of renewable energy and electrification is growing rapidly in many parts of the world as momentum behind the global energy transition gathers pace. While the renewable energy technologies driving this change are well-known and, in many cases, cost competitive with fossil fuels, the fundamental infrastructure required for their deployment is lagging. Insufficient grid … Continue reading The economics of wind and photovoltaics (PV) demand massive investments in integration now
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World’s most advanced battery energy storage system comes online, speeding Hawaii’s transition to 100% renewable energy
Plus Power™ announced it has begun operating its Kapolei Energy Storage facility on Oahu, Hawaii, the most advanced grid-scale battery energy storage system in the world, helping transition the state’s electric power from coal and oil to solar photovoltaic and wind power. “This is a landmark milestone in the transition to clean energy,” said Brandon Keefe, Plus Power’s Executive … Continue reading World’s most advanced battery energy storage system comes online, speeding Hawaii’s transition to 100% renewable energy
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Wind curtailment: An opportunity for battery energy storage?
The UK continues to scale up its renewable generation capacity, with the technology hitting various key milestones of late. For instance, the end of 2023 saw wind generation achieve a new national record with 21.8GW generated between 8:00 and 8:30 on the 21 December. As such, wind energy managed to secure a 56% stake in … Continue reading Wind curtailment: An opportunity for battery energy storage?
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