OX2 and Ingka Investments enters into conditional agreement with NKT for delivery and installation of export power cables. NKT’s facility in Karlskrona will deliver the cables for the recently awarded Galene project in Sweden. The agreement also covers the Triton offshore wind farm. The agreement will enable OX2 and Ingka Investments to start realising the … Continue reading OX2 and Ingka Investments enter conditional agreement with NKT for delivery and installation of export cables for two offshore wind farms in Sweden
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Spain does not take advantage of the full potential of wind and solar energy due to lack of storage
The Spanish electrical system wastes an important – and growing – part of its potential for electricity from renewable sources. It is a fact that worries experts. The system dispenses with windmills or solar plants, or orders their operation to stop because there is not enough demand to absorb that supply. Given the current low … Continue reading Spain does not take advantage of the full potential of wind and solar energy due to lack of storage
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Hitachi Energy to supply HVDC technology for US wind project
Hitachi Energy has been selected by Pattern Energy to supply its high-voltage direct current (HVDC) and other advanced technologies for the SunZia Transmission Project. It will connect the 3,500-megawatt (MW) SunZia wind project in New Mexico to the power grid in Arizona and Southern California, which will be among the world’s largest transmission links delivering … Continue reading Hitachi Energy to supply HVDC technology for US wind project
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Ingeteam announces the manufacture of EV charging stations in Milwaukee to meet the growing demand in the American market
Ingeteam will support the Biden-Harris administration’s ambitious goals to combat the climate crisis by deploying a national network of 500,000 EV chargers along America’s highways. With this new investment, Ingeteam Electric Vehicle Chargers will increase its production capacity of DC Fast Chargers (DCFC) and L2 EV chargers (ranging from 7.5kW up to 420 kW) for … Continue reading Ingeteam announces the manufacture of EV charging stations in Milwaukee to meet the growing demand in the American market
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Electricity demand in Spain in April among the lowest in the last 20 years
Electricity demand fell in April in all European markets. Excluding 2020 demand, which was affected by COVID measures, Spain and Italy registered their lowest values in 20 and 6 years, respectively. Falling demand and gas prices, as well as a solar energy production that was the highest for a month of April in several markets … Continue reading Electricity demand in Spain in April among the lowest in the last 20 years
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BMW Group and E.ON create ’Connected Home Charging’, the first pan-European ecosystem for intelligent charging at home
The BMW Group and E.ON have agreed on the first pan-European cooperation for intelligent charging at home. The aim of the strategic cooperation is to create ‘Connected Home Charging’, a holistic charging ecosystem that will allow customers to connect their electrified BMW or MINI vehicle with the energy system, as part of a climate-neutral, sustainable … Continue reading BMW Group and E.ON create ’Connected Home Charging’, the first pan-European ecosystem for intelligent charging at home
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Iberdrola seals a strategic alliance with GIC for the expansion of transport networks in Brazil
Iberdrola is making significant progress in its 2023-2025 Strategic Plan. The company has signed a strategic agreement with GIC, a leading institutional investors, for the development of transmission networks in Brazil for 2.4 billion Brazilian reais – 430 million euros – as communicated today to the National Securities Market Commission (CNMV). Both companies will … Continue reading Iberdrola seals a strategic alliance with GIC for the expansion of transport networks in Brazil
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Meshed grids the next frontier in leveraging the potential of offshore wind
Europe has placed offshore wind at the heart of its energy transition. Governments across Europe have between them pledged 150 GW by 2030. And by 2050 Europe’s seas will have as much as 450 GW of wind farms. But delivering this requires major investment in grid infrastructure too. Hitachi Energy and WindEurope have published a … Continue reading Meshed grids the next frontier in leveraging the potential of offshore wind
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40+ Organizations Call on Congress to Include Critical Transmission Funding in FY 2024 Budget
A letter signed by a multi-sector coalition of over 40 clean energy organizations, environmental groups, developers, manufacturers, labor and consumer groups, and other nonprofits was sent to Congress today urging robust funding for high-capacity transmission deployment and research through the U.S. Department of Energy’s (DOE) Fiscal Year 2024 budget. In the letter, the organizations highlight the … Continue reading 40+ Organizations Call on Congress to Include Critical Transmission Funding in FY 2024 Budget
Continue readingIncreasing renewables on the grid through accurate inertia measurement
Australian Renewable Energy Agency (ARENA) has today announced $1.43 million in funding to Reactive Technologies to conduct a trial of its real-time inertia measurement technology Grid-Sonar™ across a number of sites in Victoria. Accurately measuring the power system’s inertia in real-time will help the Australian Energy Market Operator (AEMO) operate the system more securely, while … Continue reading Increasing renewables on the grid through accurate inertia measurement
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RWE and Northland Power sign Hellenic Cables as preferred supplier for the Nordseecluster
The Nordseecluster of RWE (51%) and Northland Power (49%) is making further progress. The companies have taken Hellenic Cables S.A. on board as the preferred supplier for their up to 1.6-gigawatt (GW) cluster consisting of four offshore wind farm sites in the German North Sea. The Greek company is to supply approximately 185 km of … Continue reading RWE and Northland Power sign Hellenic Cables as preferred supplier for the Nordseecluster
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The first quarter as a whole ends with a new fall in electricity markets prices
In the first quarter of 2023, European electricity markets prices decreased compared to the previous quarter and to the same quarter of 2022, due to the decrease in gas prices and the increase in renewable energy production. The solar photovoltaic energy production reached record values in Spain and Portugal. The wind energy production did so … Continue reading The first quarter as a whole ends with a new fall in electricity markets prices
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Pattern Energy Announces $20.5 Billion in Anticipated Economic Impact from SunZia Transmission and Wind Projects
Pattern Energy Group LP (Pattern Energy), a leader in renewable energy, announced its SunZia Transmission and SunZia Wind projects are expected to generate $20.5 billion dollars in total economic benefit, including direct, indirect, and induced economic benefit as well as fiscal impacts according to the results of an independent study conducted by research firm Energy, … Continue reading Pattern Energy Announces $20.5 Billion in Anticipated Economic Impact from SunZia Transmission and Wind Projects
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EU electricity market design: Council and Parliament must stick to targeted reform
he European Commission has proposed a targeted revision of the EU’s electricity market design. It makes Contracts-for-Difference the new norm for supporting renewables investments. It also allows investors to sell their electricity via Power Purchase Agreements or directly on the electricity market. And it actively supports the growth of PPAs. The Council and Parliament must … Continue reading EU electricity market design: Council and Parliament must stick to targeted reform
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Statkraft explores opportunities for its fast-growing EV charging business Mer
Statkraft, Europe’s largest generator of renewable energy, has started to explore the opportunity to invite new shareholders into the ownership structure of its fully-owned electric vehicle (EV) charging operator Mer, to support the company’s ambitious growth strategy. Statkraft, who will remain an active and committed majority shareholder in Mer, has engaged Carnegie and Skandinaviska Enskilda … Continue reading Statkraft explores opportunities for its fast-growing EV charging business Mer
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China’s electric vehicle and climate ambitions jeopardized by surging critical material prices
The adoption of electric vehicles (EVs) on a large scale is crucial for meeting the desired climate commitments, where affordability plays a vital role. However, the expected surge in prices of lithium, cobalt, nickel, and manganese, four critical materials in EV batteries, could hinder EV uptake. To explore these impacts in the context of China, … Continue reading China’s electric vehicle and climate ambitions jeopardized by surging critical material prices
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Iberdrola signs a strategic alliance with BP to accelerate the deployment of electric mobility
The companies plan a joint investment of €1 billion in 11,700 fast charging points, expanding the infrastructure necessary for the development of electric mobility in Spain and Portugal. Iberdrola and bp today signed a strategic alliance to accelerate the energy transition in sustainable mobility. The companies, which announced their intention to form a joint venture … Continue reading Iberdrola signs a strategic alliance with BP to accelerate the deployment of electric mobility
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Concentrated Solar Power, photovoltaic and wind energy in most European electricity markets
Second consecutive week of price falls in most European electricity markets. In the fourth week of February, prices of most European electricity markets fell compared to the previous week, influenced by the decrease in gas prices and the drop in demand in various European markets. On the other hand, on February 21, TTF gas futures … Continue reading Concentrated Solar Power, photovoltaic and wind energy in most European electricity markets
Continue readingACP Statement on DOE National Transmission Needs Study
American Clean Power Association (ACP) released this statement following the Department of Energy (DOE) release of a National Transmission Needs Study: “DOE’s National Transmission Needs Study provides evidence of what the clean power industry knows from experience – America needs more transmission to unlock clean energy development, improve reliability, and deliver affordable electricity to customers.?DOE’s … Continue reading ACP Statement on DOE National Transmission Needs Study
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Germany to Interconnect 10 GW of Offshore Wind in North Sea
Transmission system operators, 50Hertz, Amprion, and TenneT, have, together with Germany’s Federal Ministry for Economic Affairs and Climate Protection, presented initial plans for interconnecting offshore wind farms in the North Sea. In the future, connection lines from offshore wind farms with a total output of 10 GW are to be inter-connected, the Ministry said. In … Continue reading Germany to Interconnect 10 GW of Offshore Wind in North Sea
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