Gas prices return to the uptrend and drive European electricity markets prices upwards. In the second week of August, gas prices resumed the upward trend that stalled at the beginning of the month, reaching on the 15th their highest level since the all?time highs of March. Consequently, prices in most European spot and futures markets … Continue reading Concentrated Solar Power, photovoltaic and wind energy in Europe??
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ACP CEO Heather Zichal Statement on President Biden Signing the Inflation Reduction Act into Law
Heather Zichal, CEO of the American Clean Power Association, issued the following statement today after President Biden signed the historic Inflation Reduction Act (IRA) into law: “With the stroke of the pen, a clean energy future is now the law of the land. This does for climate change and clean energy what the creation of … Continue reading ACP CEO Heather Zichal Statement on President Biden Signing the Inflation Reduction Act into Law
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EIA expects solar and wind power to account for 22% of U.S. electricity generation in 2022
U.S. electricity generation from renewable sources, such as hydropower, wind, and solar, accounted for 20% of electricity generation both in 2020 and in 2021. We expect that share to increase to 22% in 2022 and to 24% in 2023 as more generating capacity from wind and solar come online and other generation sources, such as … Continue reading EIA expects solar and wind power to account for 22% of U.S. electricity generation in 2022
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Iberdrola commissions Algeruz II, its first photovoltaic plant in Portugal
Located in the Setúbal district and with an installed capacity of 27.35 MW, the photovoltaic plant is one of the seven projects awarded to the company in the 2019 auction. Algeruz II will produce enough clean energy to supply more than 11,000 households and avoid the emission of 13,400 tonnes of CO2 per year. Iberdrola … Continue reading Iberdrola commissions Algeruz II, its first photovoltaic plant in Portugal
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Continued expansion in offshore and onshore wind energy
Today, Ørsted’s Board of Directors approved the interim report for the first half year of 2022. Operating profit (EBITDA) for the first half of the year amounted to DKK 13.0 billion, in line with the same period last year. EBITDA excluding new partnerships increased by 48 % to DKK 11.4 billion. Net profit amounted to DKK … Continue reading Continued expansion in offshore and onshore wind energy
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The American Energy Transformation
It’s American Clean Power Week 2022 and the timing could not be more fortuitous. This year, we are celebrating the thriving clean energy industry – wind, solar, energy storage, and the transmission infrastructure that carries power to our homes and our workplaces – as our elected officials pass the largest clean energy and climate legislation … Continue reading The American Energy Transformation
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American Clean Power Week 2022 Kicks Off
During a time of historic legislative action that will turbocharge the domestic clean power industry, the American Clean Power Association today kicked off American Clean Power Week. This annual celebration of wind, solar, energy storage, and transmission recognizes the many ways that homegrown, affordable, and reliable clean energy is building a better future for the … Continue reading American Clean Power Week 2022 Kicks Off
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China building world’s largest green hydrogen plant
The facility in Xinjiang will use renewable energy to break down water into oxygen and hydrogen, the latter of which can then be liquefied and used as fuel. The facility should help to reduce the country’s carbon emissions by around 500,000 tonnes a year. The project in Kuqa in the south of the region uses … Continue reading China building world’s largest green hydrogen plant
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Equinor’s H2H Saltend selected to proceed as one of the first large-scale hydrogen projects in the UK
Department for Business, Energy, and Industrial Strategy (BEIS) announced that Equinor’s Hydrogen to Humber Saltend (H2H Saltend) production facility has been successfully progressed through Phase-2 of the Government’s cluster sequencing process. The selected projects will now proceed to the due diligence stage of the Phase-2 cluster sequencing process to allow them to connect to the … Continue reading Equinor’s H2H Saltend selected to proceed as one of the first large-scale hydrogen projects in the UK
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Concentrated Solar Power Projects Updates in China
Feasibility Study Bidding for SPIC Hami 1GW Concentrated Solar Power+PV Project Xinjiang Energy & Chemical Co., Ltd. of State Power Investment Corporation (SPIC) invited public bids for the feasibility study of SPIC Hami 1GW CSP+PV Project, which includes 100MW of CSP and 900MW of PV. RFQ for Datang Shichengzi 1GW Concentrated Solar Power+PV Demonstration Project … Continue reading Concentrated Solar Power Projects Updates in China
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Triple Annual Deployment of Clean Energy by 2030
ACP CEO Heather Zichal Statement on House Passage of Historic Inflation Reduction Act. Heather Zichal, CEO of the American Clean Power Association, issued the following statement after the House of Representatives passed the Inflation Reduction Act of 2022 (IRA). The IRA provides unprecedented multi-year policy certainty for clean energy and will now be sent to President Joe Biden to … Continue reading Triple Annual Deployment of Clean Energy by 2030
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Iberdrola’s Hub in Bilbao consolidates with 75 companies and collaborating entities
IBM Technology, IBM Consulting, Schaffner, Automa, NTT Data, Turning Tables, INESC TEC and the universities of Murcia and Comillas join the Global Smart Grids Innovation Hub that Iberdrola inaugurated 10 months ago at its Larraskitu centre. Iberdrola invested more than €337 million in R&D&I in 2021, 15% more than the previous year, and part of … Continue reading Iberdrola’s Hub in Bilbao consolidates with 75 companies and collaborating entities
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GE Bringing Instrumentation to “Flex” Hydropower’s Muscle
GE Research awarded $4.3 million project from the U.S. Department of Energy to develop cost-effective, easy-to-implement method to enable more flexible operation of hydro turbines.Will outfit hydro plants with smarter tools to extract more plant data and improve overall operating capacity. Will develop a hybrid joint controller to enhance the operation of hydro plants with … Continue reading GE Bringing Instrumentation to “Flex” Hydropower’s Muscle
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RWE invests more than €5 billion in green technologies
New wind farms, solar plants and battery systems with an installed capacity of 1.2 gigawatts commissioned in the first half of 2022 – about 20% more electricity generated from renewables. RWE is actively forging ahead with the implementation of its Growing Green strategy. In the first half of 2022, the Group invested about €2 billion in the expansion … Continue reading RWE invests more than €5 billion in green technologies
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Iberdrola starts up ‘Francisco Pizarro’, the largest photovoltaic plant in Europe
The plant will produce enough clean energy to power more than 334,000 homes and prevent the emission of 150,000 tonnes of CO2 per year. With an installed capacity of 590 MW and an investment of 300 million euros, its construction has generated more than 1,500 jobs. This renewable installation is the Iberdrola group’s largest photovoltaic … Continue reading Iberdrola starts up ‘Francisco Pizarro’, the largest photovoltaic plant in Europe
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Photovoltaic, concentrated solar ower and wind energy production in Europe
The combination of the fall in electricity demand, due to the beginning of the holiday period of August, and a higher wind and solar energy production favoured the decrease in the prices of the European electricity markets, despite registering a slight increase in gas prices and CO2 emission rights. Photovoltaic and solar thermoelectric energy production … Continue reading Photovoltaic, concentrated solar ower and wind energy production in Europe
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Green hydrogen plant to decarbonize UK’s largest freight port
The company will invest some 170 million euros in this facility, which will supply clean hydrogen to vehicles and machinery at the port of Felixtowe (England). The plant, which will be operational in 2026, will produce 14,000 tonnes of renewable H2 per year in the first phase and may double its capacity in the future. … Continue reading Green hydrogen plant to decarbonize UK’s largest freight port
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EIA: U.S. Sees 13 Percent Increase in Wind Power Production in 2020
In 2020, energy production in the United States fell by record amounts compared with 2019, mostly as a result of decreased economic activity during the COVID-19 pandemic. Wyoming had the largest drop in total energy production among the states, decreasing by 1,264 trillion British thermal units, mostly due to decreased coal production. Seven states saw … Continue reading EIA: U.S. Sees 13 Percent Increase in Wind Power Production in 2020
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“Chào m?ng”, EGP Vietnam: a new company is born
We say welcome in the local language to our new EGP country: Vietnam. Business operations in this southeast Asian nation only began a few months ago, but we have already achieved some great results. In this interview, our Head of Business Development, Asia-Pacific region, Chung Gu Yoon, talks about the exciting challenges that lie ahead. … Continue reading “Chào m?ng”, EGP Vietnam: a new company is born
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What Is Concentrated Solar Power?
What exactly is concentrated solar-thermal power (CSP) and how does it work? Mirrors are used in CSP technologies to reflect and concentrate sunlight onto a receiver. In the receiver, the energy from concentrated sunlight heats a high-temperature fluid. This heat, also known as thermal energy, can be used to generate electricity by spinning a turbine … Continue reading What Is Concentrated Solar Power?
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