Smart charging and vehicle-to-grid (V2G) technologies could reduce grid costs as deployment of EVs increases, according to a new Element Energy report. The report, which was commissioned by The European Federation for Transport and Environment (T&E), Enel, Iberdola and Renault-Nissan, found that by 2040 smart charging could save between €0.5 and €1.3 billion of prospective grid upgrades per year, depending on the country, even after incorporating the costs associated with additional smart charging infrastructure. It found the biggest impact would be in countries with high levels of wind, and with countries sporting large amounts of PV in need of flexibility…
Author: @WoRenewables
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A silent revolution is currently taking place almost unnoticed in our industry. For consumers, nothing has changed – their lights are still on, their homes are still heated. But for the past 18 days, it’s happened without the assistance of any electricity generated by coal. All our energy needs have been provided by a mix of renewables, gas and nuclear. This is the longest consecutive period our network has run without coal-fired generation and it’s a clear sign of the fundamental transformation taking place in the world of energy. Driven by the rapid pace of innovation and the move to…
Solar inverter specialist SolarEdge is deploying augmented reality (AR) technology to show off distributed energy’s real-world capabilities. It’s now one of many companies employing smart technologies to bolster its renewable offerings, with both blockchain and IoT becoming increasingly commonplace in many markets. This includes the UK, with the government unveiling £30 million of funding for smart energy projects earlier this year. A growing number of solar equipment makers are able to offer customers a complete solution to their energy needs that gets ever closer to, if not actually already at, 100% renewable. Through the range of products and services they offer and…
The UK must scale-up decarbonisation of heat and transport, according to the International Energy Agency’s (IEA) latest in-depth review of UK energy policies. Whilst the report praises the UK’s overall decarbonisation efforts, it stressed the need for greater investment in the transport and heat sectors if the country is to reduce its emissions in line with the Paris Agreement. A mix of technology innovation and electrification will be required, stimulated by fiscal policies and energy efficiency to offset higher power costs. To support the decarbonisation of the heat and transport sectors, the report recommends that the government promote electric and…
Strong deployment figures have been posted for the US’ energy storage market in both residential and non-residential segments in the past quarter, amid warnings that an escalating trade war with China could dampen some of that enthusiasm if tariffs are applied. Wood Mackenzie Power & Renewables, formerly known as GTM Research in these circles, found that non-residential energy storage in the US enjoyed its largest single quarter ever in Q1 2019, with residential storage registering its second-biggest. The firm issued its second quarter 2019 US energy storage monitor last week, published in association with the national Energy Storage Association. The overall…
June 11, 2019 – Boulder, CO – A new report from Navigant Research provides an overview of the current state of the global electric vehicle (EV) charging industry, with market forecasts for charger sales, installation, services, and energy consumption, through 2030. Alongside a growing plug-in electric vehicle (PEV) market, the EV charging industry is expected to mature rapidly and become increasingly competitive. Investments and acquisitions from major energy companies will drive a surge in public charger deployments and the commercialization of the next wave of chargers that can provide smarter, faster, and more convenient charging services. Click to tweet: According…
Macquarie’s Green Investment Group (GIG) announced today that it has completed the installation of Korea’s first floating LiDAR. The installation of the LiDAR is one of the first critical steps in the development of GIG’s first Korean offshore wind farm located about 60 kilometers east of Seosang-myon, Ulju-gun, Ulsan City. GIG is a major global green energy investor and developer, dedicated to accelerating the growth of the global green economy. With over 350 green energy specialists working across the globe GIG is home to one of the world’s largest teams of specialist green investors. GIG is a leading investor…
Leading energy tech company Limejump has signed a new flexible Power Purchase Agreement with Alphagen Renewables, which develops and operates small to medium scale landfill gas to energy projects. Limejump will manage six of Alphagen Renewables’ operations in the UK, including the Docking Biogas plant in Norfolk, through its pioneering Virtual Power Platform (VPP). Alphagen Renewables and its partner Albion Community Power operate the Docking Biogas microgeneration plant under a 20-year contract with Norfolk County Council. Limejump’s PPA deal will provide Alphagen with wholesale energy market trading access, valued at £180,000 per year. It further strengthens Limejump’s renewable dominated VPP,…
Leading marine energy developer Minesto has been awarded a €2.5 million grant from the European Commission’s SME Instrument programme. The awarded funding will support the installation of Minesto’s technology in the Faroe Islands together with the utility company SEV. “This is great news for Minesto and our joint project with the utility customer SEV”, said Dr Martin Edlund, CEO of Minesto. “The EU community once again show trust and commitment to our technology and commercialisation roadmap.” Minesto will receive a €2.5 million grant from EU’s SME Instrument Programme phase 2 for the development and operation of the company’s unique Deep…
The tidal energy industry in North Wales has this week received a major boost following a Welsh Government investment of £12.6m EU funds in Anglesey-based developer, Minesto. The funding will support the next phase of the company’s ground-breaking project which involves underwater kites generating energy from tidal and ocean currents. Over the coming years, Minesto will develop, install and operate a second-generation device with enhanced capacity in the Holyhead Deep site, which is located 6km off the coast of Anglesey. The project is part of a longer-term plan to expand the Holyhead Deep site into an 80 megawatt commercial tidal…
