Sunday, November 24, 2024

Storage Technologies News

The future EU energy chief says he will speed up the end of Russian gas imports

Dan Jorgensen wants to end the EU's dependency on Russian fossil fuels as soon as possible, he said at a Tuesday parliamentary hearing. Ursula von der Leyen, President of the European Commission, has given Jorgensen the task to lower energy prices in order to restore Europe's competitiveness as an industrial powerhouse. She also wants to decarbonise Europe's economy and stop the remaining Russian energy imports.

Britain sets up funding model for renewable Energy Storage Projects

The UK will guarantee a minimum income for developers of renewable energy projects such as pumped-hydro to encourage investment in technologies which help Britain meet its climate goals. Britain aims to decarbonise the power sector by 2030. This will require an increase in renewable energies, like wind and solar energy, as well projects that can store energy in the event of a lack of wind or sunlight.

China will continue to implement low-carbon reforms according to the energy regulator

The energy regulator in China said that China would continue to phase out fossil fuels, and reform its electricity system. It issued a paper on Thursday listing achievements, but lacking new plans for China’s energy transition. Zhang Jianhua, the head of China's National Energy Administration, said that China will continue to reform its electric system…

Energy @ Sea: Powering Up in the Blue Desert

A graphic rendering depicting C-Power’s SeaRAY autonomous offshore power system as configured for the demonstration at the U.S. Navy’s Wave Energy Test Site in Hawaii. © C-Power

Last year marked the beginning of the United Nations Decade of Ocean Science for Sustainable Development, lasting from 2021 until 2030. With 10 years comes 10 challenges—goals for regional, national and global participants to work towards for positive, collective impact on our oceans. Included in the 10 are ocean-based solutions for climate change…

Total, IFPEN Join Forces to Cut Carbon

The French Institute of Petroleum IFP Energies Nouvelles (IFPEN) and compatriot multinational integrated oil and gas company Total announced that they signed a strategic R&D partnership yesterday, that includes an agreement to endow a chair at the IFP School, on carbon capture, utilization and storage (CCUS) and technologies to curb CO2 emissions.According to a press note from the energy giant…

India, Denmark Forge Offshore Wind Alliance

India’s Union Cabinet has given its approval for a cooperation agreement between India and Denmark on strategic sector cooperation in the field of renewable energy with a focus on offshore wind.According to a government release, the Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval for a Cooperation Agreement between Ministry of New and Renewable Energy of India and Ministry for Energy…

Equinor Installs World’s First Battery for Offshore Wind

Photo: Equinor

With Batwind in operation, it will for the first time be possible to store energy produced from an offshore wind farm.The battery storage solution was presented in Peterhead, Scotland today by Batwind partners Equinor and Masdar. Electricity produced at the world’s first floating offshore wind farm Hywind Scotland, located 25 kilometers off the coast of Peterhead…

Acciona Gets DNV GL Certification

Acciona Energia, the biggest global operator exclusively in renewable energies,  received the first ever prototype certificate for a grid-scale energy storage solution by DNV GL, the world’s largest resource of independent energy experts and certification body. The handover of the certificate took place at the American Wind Energy Association’s 2018 Windpower Conference in Chicago.

India Will Need at Least $125 Bln to Fund Renewables Dream

India will need at least $125 billion to fund its ambitious plan to increase the share of renewable power supply in the country’s grid by 2022, a top government official told Reuters, underlining the immense financing challenge ahead. The South Asian nation is one of the world's most important growth markets for renewable energy. Millions…

Yaskawa Invests In Large-capacity Kinetic Energy Storage Company, Teraloop

Team picture: left to right: Mikko Järvinen (legal advisor), Philippe Pépin (COO), Edward Ridgway Watt (CEO), Petri Saarinen (CDO), Marco Tatti (Board Director) (Photo: Yaskawa)

Yaskawa Electric Corporation has completed a strategic investment in Helsinki-based Teraloop, a startup grid- and utility-scale kinetic energy storage company. This equity investment aims to help Teraloop accelerate the steps needed to bring its patent-pending storage solution to the market within the next two years. The financing will…

GM, Honda to announce Fuel Cell Technology Advance

General Motors Co and Honda Motor Co are expected on Monday to announce an expansion of their collaboration on fuel cell technology development, people familiar with the plans said following a notice of a press conference. GM and Honda on Friday said two senior executives would hold a news conference in Detroit with Michigan's Lieutenant Governor, Brian Calley.

World First to Combine Big Solar and Storage

A world-leading project in far north Queensland is set to combine big battery storage and big solar to supply solar power after sundown and during peak usage times. The Australian Renewable Energy Agency (ARENA) is providing $17.4 million funding support for Conergy to build and operate a 10.8 MW (AC) solar photovoltaic (PV) plant with 1.4 MW / 5.3 MWh of lithium-ion battery storage near the town of Lakeland.

Statoil Debuts Batwind

A new battery storage solution for offshore wind energy will be piloted in the world’s first floating wind farm, the Hywind pilot park off the coast of Peterhead in Aberdeenshire, Scotland. Batwind will be developed in co-operation with Scottish universities and suppliers, under a new Memorandum of Understanding (MoU) signed in Edinburgh on 18 March between Statoil…

Siemens May Build New Wind Power Gear Plant

German industrial group Siemens is considering building a new plant in Germany to produce parts for wind turbines, its chief executive told a German newspaper. The move would help Siemens capitalise on a shift to renewable energy from fossil fuels that has hurt its gas turbines business and driven the company to cut more than a thousand jobs in Germany.

ARENA Support for Energy Storage Knowledge Bank

The Australian Renewable Energy Agency (ARENA) today announced $1.4 million support for the University of Adelaide to develop an online Australian energy storage knowledge bank and build a mobile energy storage test facility. ARENA CEO Ivor Frischknecht said the collaborative project led by the University of Adelaide was an important next…

Battery trial to put storage on the front foot

A new Canberra-based storage trial will examine whether lithium-ion batteries could enhance electricity grids and increase the use of renewable energy. Australian Renewable Energy Agency (ARENA) CEO Ivor Frischknecht said IT Power (ITP) would carry out the trial, supported by $450,000 of ARENA funding. “ITP will analyse the performance of six major lithium-ion battery brands…

NY-BEST & DNV GL Jointly Open Service Center

The New York Battery and Energy Storage Technology Consortium (NY-BEST) and DNV GL (formerly DNV KEMA) today announced the opening of the new state-of-the-art Battery and Energy Storage Technology (BEST) Testing and Commercialization Center in Rochester, New York. The Center’s services include a suite of test, validation and independent…