The smart grid sector has gained momentum, underscored by significant investment activities, such as Ionate’s recent $17 million funding round.
Author: Anela Dokso
The drive for sustainable energy solutions is gaining traction globally, and South Wales is no exception. A significant stride was recently made toward establishing a small modular nuclear reactor (SMR) power plant in the region, reflecting broader trends in the nuclear energy sector.
TotalEnergies has signed agreements with Air Liquide to develop two green hydrogen projects in the Netherlands, aiming to produce and deliver approximately 45,000 tons of green hydrogen annually.
Argentina’s Energy Secretariat has issued a pivotal international call for proposals aimed at integrating 500 megawatts (MW) of battery energy storage systems (BESS) within the Metropolitan Area of Buenos Aires (AMBA). This bid aims to bolster the country’s reliability of electricity supply by addressing critical power nodes, backed by an anticipated investment of $500 million. The initiative demands that the storage systems can provide energy for a minimum of four consecutive hours during each discharge cycle. This initiative reflects a profound shift in Argentina’s approach to energy infrastructure, emphasizing technological innovation and private investment to surmount longstanding systemic challenges. For…
Enagás, the technical operator of gas infrastructure in Spain, has announced ambitious plans to allocate almost 80% of the €4 billion planned in investments to the transition to green hydrogen. This move underlines both the environmental aspirations of the energy sector in Europe and the challenges inherent in the change. The projects are intended to consolidate Spain’s role as a leader in hydrogen technology, aligning with the growing global demand for cleaner energies. The data speak for themselves; the International Renewable Energy Agency estimates that hydrogen could provide up to 10% of the world’s energy by 2050. However, the necessary…
India has launched a significant 1 GWh battery tender, marking a pivotal step towards bolstering its renewable energy infrastructure. This initiative aligns with the country’s broader goal of achieving 500 GW of renewable energy capacity by 2030. However, the path to realizing this vision is riddled with challenges that are substantial both in scale and complexity. The tender emerges at a time when the global battery market is witnessing significant expansion. Global lithium-ion battery manufacturing capacity is set to quadruple by 2025. India’s initiative to expand its battery storage capabilities is thus in line with global trends, reflecting a need…
A recent study by the Energy Systems Integration Group (ESIG) has shed light on the strategic potential of grid-forming battery energy storage systems (GFM BESS) in elevating the grid’s capacity to host renewable energy sources like solar and wind. As the energy sector moves decisively towards inverter-based resources (IBR), the role of GFM BESS appears more critical than ever in maintaining grid reliability. The investigation into these storage systems, conducted by ESIG’s GFM BESS project team, focused on their deployment in a real transmission network scenario. The core advantage of these grid-forming controls lies in their ability to stabilize the…
Matti Malkamäki, founder and chairman of Finland-based hydrogen innovator Hycamite, argues the “three pillars” principle required to make green hydrogen also low-carbon — geographic correlation, temporal matching, and additionality for renewable power used creates bottlenecks in the EU as our power grids are not clean enough yet.
Scatec ASA and Aboitiz Power Corporation have successfully secured financial support for their ambitious projects in the Philippines. With construction poised to commence imminently, the initiative marks a pivotal step toward enhancing grid stability and maximizing the efficiency of the nation’s renewable energy resources. The projects entail the integration of a 16 MW battery storage system at the existing Magat hydropower facility and a new 40 MW system at the Binga hydropower site, an expansion set to catalyze the energy sector by providing critical ancillary services. These services are increasingly central to grid management due to their capacity to stabilize…
Enagás, a leading player in the energy sector, recorded a notable loss of €299.3 million in 2024. This development arises from impactful decisions including the sale of its stake in Tallgrass Energy and unfavorable arbitration outcomes in Peru. The strategic move to divest from Tallgrass resulted in a €356.2 million financial dip due to accounting adjustments, accompanied by a €7.5 million negative tax impact. These challenges come at a time when Enagás is recalibrating its focus towards future investments in hydrogen technology by 2027. Despite the setback in overall financial performance, Enagás succeeded in reducing its net debt by €943…
