Browsing: smart grid

The world added renewable energy capacity at a record pace and pushed clean electricity generation above 30 percent of global supply, yet 655 million people still lived without electricity in 2024 and roughly two billion lacked access to clean cooking technologies.

EU electricity prices for energy-intensive industries averaged more than twice US levels and nearly 50% above those in China in…

The TERRE replacement reserve platform provided financial benefits averaging €23 million per month across participating countries in 2023, rising to…

Norway sells electric vehicles to 96% of new car buyers. Its EV fleet now represents roughly 35% of all cars…

Southeast Asia’s ambition to create an interconnected electricity market remains constrained by a missing regional framework for cross border power trade, according to Sarawak Premier Tan Sri Abang Johari Tun Openg. Despite years of discussion around the ASEAN Power Grid, member states have yet to establish a common implementation mechanism that defines how electricity interconnections should operate across national borders.

Copenhagen Infrastructure Partners (CIP) has secured investment from the Scottish National Investment Bank and the Nuclear Liabilities Fund for the 500 MW Devilla battery energy storage project in Fife, highlighting the growing role of large scale storage in maintaining grid reliability as fossil fuel generation declines.

California’s growing electricity demand and renewable integration challenges are increasing the importance of hybrid solar and battery storage projects capable of delivering both clean energy and grid flexibility. The BigBeau Solar+Storage Project in Kern County is the latest example of this shift, with EDF power solutions North America and Abu Dhabi Future Energy Company, Masdar, securing 15 year power purchase agreements covering output from the 128 MWac solar facility and its 40 MW/160 MWh battery energy storage system.

The world is on track to invest $3.4 trillion in energy in 2026, yet the most significant shift is not the scale of spending but where the money is flowing. Electricity infrastructure, renewables, nuclear power, storage, and efficiency are attracting nearly twice as much investment as fossil fuels, reflecting how a second major energy crisis within five years is reshaping global perceptions of energy security.

At 40 gigawatts of offshore wind, the Netherlands’ electricity grid infrastructure will require a cumulative investment of €246 billion between…

The global inverter market is projected to grow from $25.33 billion in 2025 to $54.57 billion by 2030, a compound…