Japan’s wind power body has set a mid-century goal to increase capacity to 140 gigawatts (GW) from less than 5 GW now, it said on Monday, to meet a third of the country’s electricity demand and help it to hit its 2050 carbon neutrality target. Offshore wind is meant to be central to Japan’s expansion … Continue reading Wind industry aims to provide a third of Japan’s power by 2050
Continue readingCategory Archives: System Operator
Boosting the Global Geothermal Market
Alongside the increasing demand for electricity being driven by economic growth, the global demand for sustainable heat is also increasing. This demand has led to a growing trend in the use of geothermal resources for heating and cooling applications where technically and economically feasible. Since 2000, the geothermal sector has grown at an average rate … Continue reading Boosting the Global Geothermal Market
Continue reading
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
Continue reading
Germany: Statkraft grows with green hydrogen, wind and solar power
Statkraft, Europe’s largest producer of renewable energy, is on a growth path. At this year’s E-world energy & water in Essen, the Norwegian energy company announced its expansion targets for the German market. Statkraft will be instrumental in increasing the share of renewable energy in Germany by 2030 and supporting the market ramp-up of green … Continue reading Germany: Statkraft grows with green hydrogen, wind and solar power
Continue reading
Each MW of concentrated solar power can replace each MW of natural gas and achieve the decarbonization of the electricity sector
Each MW of solar thermal power can replace each MW of gas and achieve a total transition of the electricity sector, which would imply the substitution of current natural gas plants, as can be seen from the study carried out by Protermosolar in collaboration with the Comillas Pontifical University, which analyzes the technical and economic … Continue reading Each MW of concentrated solar power can replace each MW of natural gas and achieve the decarbonization of the electricity sector
Continue reading
Scaling Up Renewables to Empower Lives and Livelihoods Requires an Integrated Effort
Over 2.5 billion people worldwide rely on agriculture for their livelihoods, making the sector a key driver for development. It is estimated that 1 billion people use health facilities without electricity, while others must access facilities suffering from an unreliable electricity supply. Over the years, the International Renewable Energy Agency (IRENA) has steadily increased its … Continue reading Scaling Up Renewables to Empower Lives and Livelihoods Requires an Integrated Effort
Continue reading
New episodes of negative or zero prices in European electricity markets
In the third week of May, negative or zero hourly prices were registered in most of the European electricity markets, especially during the weekend. In the Nord Pool market, the value of -€5.67/MWh registered in an hour of Sunday 21 is the lowest one in history. For the week as a whole, prices decreased in every … Continue reading New episodes of negative or zero prices in European electricity markets
Continue reading
2022 Marks Third-Highest Year for U.S. Utility-Scale Solar, Wind, and Storage Installations
Over 25 Gigawatts of New Clean Power Installed in 2022, but Hurdles Are Delaying Over 60 Gigawatts Through Q1 202311% growth in the now nearly 140 gigawatt (GW) development pipeline reflects promise of new federal policies, while historically low Q4 2022 and Q1 2023 installations demonstrate lingering headwindsTotal clean power installations declined in 2022 for … Continue reading 2022 Marks Third-Highest Year for U.S. Utility-Scale Solar, Wind, and Storage Installations
Continue reading
Manufacturing plans for key clean energy technologies are expanding rapidly as investment momentum builds
ve scheme, these policies are transforming industrial policy geared toward clean energy technology. G7 governments have already recognised the importance of building resilient, secure and sustainable supply chains to accelerate the clean energy transition and reduce vulnerabilities associated with undue dependencies. There is much countries can do domestically to proactively address the risks posed to … Continue reading Manufacturing plans for key clean energy technologies are expanding rapidly as investment momentum builds
Continue reading
ACP Statement on Draft Promoting Efficient and Engaged Reviews (PEER) Act
Today, American Clean Power Association (ACP) CEO Jason Grumet released a statement following the release of a discussion draft of Sen. Tom Carper’s (D-DE) Promoting Efficient and Engaged Reviews (PEER) Act: “Sen. Carper’s PEER Act is an encouraging step forward to advance the deployment of clean energy and transmission in the United States. This proposal … Continue reading ACP Statement on Draft Promoting Efficient and Engaged Reviews (PEER) Act
Continue reading
Repsol will develop wind and solar projects totaling more than 1,700 MW in Italy
The company has a portfolio in the country of 943 MW of wind power and 825 MW of solar power, of which more than 60% are in an advanced stage of processing.Repsol will soon begin construction of its first two photovoltaic solar plants in Italy, specifically in the Puglia region.Italy is one of the countries … Continue reading Repsol will develop wind and solar projects totaling more than 1,700 MW in Italy
Continue reading
Avangrid strengthens support for energy innovation by extending collaboration with Yale
AVANGRID will support research projects focused on solar energy, battery storage, EVs, or other topics related to the clean energy transition. AVANGRID (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, today announced a meaningful contribution to Yale University to support innovative research projects focused on advancing the clean energy transition. … Continue reading Avangrid strengthens support for energy innovation by extending collaboration with Yale
Continue reading
Statkraft supplies ALPLA with solar and wind power through a 10-year PPA
Statkraft, Europe’s largest producer of renewable energy, and ALPLA, an international packaging manufacturer, have signed two long-term power purchase agreements (PPAs) for wind and solar with an annual volume of 76 GWh and a term of 10 years. The green electricity is generated in six solar parks and one wind farm from Statkraft’s renewable energy … Continue reading Statkraft supplies ALPLA with solar and wind power through a 10-year PPA
Continue reading
IRENA Launches Report for the G20 on Low-Cost Energy Transition Finance
The International Renewable Energy Agency (IRENA), in partnership with the Indian G20 Presidency, launched a comprehensive report today on how low-cost finance can accelerate the energy transition. Titled “Low-Cost Energy Transition Finance”, and developed in close collaboration with India’s Ministry of New and Renewable Energy (MNRE), the report provides a toolbox to increase the availability … Continue reading IRENA Launches Report for the G20 on Low-Cost Energy Transition Finance
Continue reading
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
Continue readingACP Welcomes IRA Domestic Content Guidance
The American Clean Power Association (ACP) today issued the following statement from JC Sandberg, ACP’s Chief Advocacy Officer, after the U.S. Department of Treasury released guidance for the implementation of the Inflation Reduction Act’s (IRA) domestic content provisions: “The IRA’s domestic content incentive represents a monumental opportunity to continue growing our domestic clean energy supply … Continue reading ACP Welcomes IRA Domestic Content Guidance
Continue reading
The Elecnor Group makes a net profit of EUR 27.4 million in the first quarter of 2023
The Elecnor Group expects to top the sales and profit figures achieved the previous year, as it has indeed managed to do year after year throughout the past decade The Elecnor Group has concluded the first quarter of 2023 with a consolidated net profit of EUR 27.4 million, which represents an improvement of 7.7% on … Continue reading The Elecnor Group makes a net profit of EUR 27.4 million in the first quarter of 2023
Continue reading
IRENA and Masdar to Collaborate on Setting a Roadmap to Triple Global Renewable Energy Capacity by 2030
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies, has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a major international knowledge project setting out the means to triple global renewable energy capacity by 2030. During the UAE Climate Tech Forum in Abu … Continue reading IRENA and Masdar to Collaborate on Setting a Roadmap to Triple Global Renewable Energy Capacity by 2030
Continue reading
RWE invests €8 billion in its green portfolio in the first quarter of 2023
RWE is making swift progress on implementing its Growing Green strategy. The company expanded its green portfolio by 4.9 gigawatts (GW) with investments of €8.0 billion in the first quarter of 2023 alone. The €6.3 billion acquisition of Con Edison Clean Energy Businesses in the US represented the largest share of the investments. In addition, RWE acquired a … Continue reading RWE invests €8 billion in its green portfolio in the first quarter of 2023
Continue reading
Europe must reduce China renewable dependence
The European Union must reduce its dependence on China when it comes to vital equipment used in producing renewable energy, the head of the International Renewable Energy Agency said Tuesday. It is important to work to “decentralise the supply chain”, Francesco La Camera, director general of the International Renewable Energy Agency, told AFP on the … Continue reading Europe must reduce China renewable dependence
Continue reading
