The MIT team estimates their thermal “battery” designed for long duration – 100 hours or more – would be half the cost of today’s cheapest grid-scale energy storage; pumped hydro. A very intriguing idea for long-duration gigawatt-scale grid thermal energy storage proposes to store renewable electricity from the grid by charging a “battery” of molten […]
Electricity Council, just like a GST Council, can ease India’s power sector woes
The Modi government’s renewable energy target of 175 GW by 2022 and 450 GW by 2030, has seen slower-than-expected progress. In recent times, the Narendra Modi government’s attempts at electricity reforms have seen limited support from the states. In 2014, and subsequently in 2018, the Centre via draft amendments to the Electricity Act 2003, proposed […]
GOLD FIELDS’ 40MW SOLAR PV PROJECT AT GAUTENG INCHES CLOSER TO APPROVAL
Gold Fields Limited’s proposed 40 MW solar PV plant at its South Deep gold mining operation in Gauteng, South Africa may finally see the light of day. The electricity sub-committee of the National Energy Regulator of South Africa (Nersa), at its virtual meeting on February 5 recommended the company’s license application for approval by the […]
Power surge: Why Egypt’s renewable energy sector needs corporate PPAs
Enabling businesses to buy electricity directly from private producers can help Egypt’s reach its renewable energy targets The Egyptian government has set a target of producing 20 percent of its electricity from renewable sources by 2022 and 42 percent by 2035. “Large corporate buyers are increasingly viewing corporate PPAs as an efficient and customisable tool […]
Australia to revise clean energy policy and unlock $40bn in investments
The Australian government should revise its renewable energy policy to unlock future investments of up to $40 billion within the power generation sector, according to a new study released by research firm Wood Mackenzie. Two thirds of the investments are expected to flow into new-build renewables by 2030, with equal amounts going into wind and […]
RETTI Launches Online Courses on Solar
Investment in the solar sector hit a peak of $330 billion in 2015. This was expected as climate change impacts continue to ravage communities due to the use of fossil fuels for electricity. This adds to the increase of greenhouse gases such as carbon dioxide to the atmosphere enhancing the dangerous climate change. Solar power […]
EU Power Sector in 2020
Landmark moment as EU renewables overtake fossil fuels Climate neutrality by 2050 means renewables growth will further accelerate Ember and Agora Energiewende’s fifth annual report tracking Europe’s electricity transition was published on 25th January 2021. It revealed that renewables overtook fossil fuels to become the EU’s main source of electricity for the first time in […]
Windows that act as solar panels could be on the horizon
Solar adoption is at an all-time high rate in Australia. There are already two million households that have solar installed and more are joining the party every day. This rate of activity makes Australia a world leader in the space, and it’s looking like a bright path for the near future. But there’s always a ‘but’. The […]
Norway power consumption surpasses 25,000 MWh for first time
The new record was hit for the hour from 0700 GMT and follows a previous record of 24,536 MWh set on Jan. 15 OSLO: Electricity consumption in Norway hit an all-time high of 25,146-megawatt hours (MWh) early on Thursday amid an ongoing cold spell, outpacing domestic production, data from grid operator Statnett showed. The […]
Electricity Market achieves highest ever monthly volume of 7434 MU registering 47% YoY growth
Electricity Market achieves highest ever monthly volume of 7434 MU registering 47% YoY growth For more information please see below link: