Browsing: REGIONAL

The shift towards renewable energy and storage solutions like Variable Renewable Energy (VRE) and Energy Storage (ES) is transforming the electricity landscape at an unprecedented pace.

Energy investments in 2024 marked a milestone with global investments exceeding $2 trillion for the first time, indicating a paradigm shift in the commitment towards a low-carbon future.

The UK’s energy transition faces a critical challenge: balancing the intermittent nature of renewable energy with the need for reliable, low-carbon power.

A recent five-year Power Purchase Agreement (PPA) between Fortum and P2X Solutions underscores the growing momentum behind hydrogen technology.

Root-Power has been granted planning permission to develop a new battery storage facility by the local UK authorities.

The Solar Energy Industries Association (SEIA) has set an ambitious goal for energy storage in the United States, targeting 700 gigawatt-hours (GWh) by the year 2030.

Blykalla and Höganäs, two prominent companies, have joined forces to develop advanced materials for small modular nuclear reactors.

Hydrogen Vehicle Systems (HVS), a Glasgow-based innovator in hydrogen-powered commercial vehicles, has secured its first international investment from Qatar’s Excelledia Ventures Group.

Europe’s hydrogen industry entered 2024 with optimism, dubbing it the “year for action.” Yet, despite notable achievements—such as major projects reaching final investment decisions (FIDs), EU policy updates, and significant funding announcements—progress has been slower than anticipated.

Spain’s Prime Minister Pedro Sánchez announced that the government will soon launch a €1.3 billion direct subsidy scheme for hydrogen hubs, alongside €400 million in funding for green hydrogen projects that missed out on EU-wide auction subsidies.