Hydrogen is frequently touted as a major player in decarbonization, and it is. But it will only be used at scale much later, and at a much lower level than solar and wind. Countries including China, Japan, South Korea and Australia have established national plans to facilitate hydrogen development. Some of the discussion associated with […]
Are solar and wind the cheapest forms of energy? And other FAQs about renewables – EQ Mag Pro
Everything you ever wanted to know about the way we will ultimately derive all our power from renewable sources, and how quickly it will be achieved. Renewable energy sources accounted for 24 per cent of electricity produced in Australia in 2021, but that figure is set to rise sharply in the future. Renewable energy is […]
California to Boost Solar And Wind Capacity to Meet Renewable Energy Goals – EQ Mag Pro
The CAISO plans to add an additional 1.6 gigawatts (GW) of utility-scale solar capacity and 0.4 GW of onshore wind turbine capacity this year, the EIA said in a release. The California Independent System Operator (CAISO) region plans to increase its solar and wind power capacity in 2021 to help meet the state’s target of […]
Australia’s Case For Fossil Fuels Weakens as Solar And Wind Set Records
Solar and wind power are continuing to set records in Australia, pushing down electricity prices and reducing the profitability of fossil fuel generation. Wind last year overtook natural gas in power generation for the first time, and together with solar helped cut wholesale prices to their lowest since 2015, the Australian Energy Regulator said Friday […]
Australia’s Case For Fossil Fuels Weakens as Solar and Wind Set Records
Solar and wind power are continuing to set records in Australia, pushing down electricity prices and reducing the profitability of fossil fuel generation. Wind last year overtook natural gas in power generation for the first time, and together with solar helped cut wholesale prices to their lowest since 2015, the Australian Energy Regulator said Friday […]
Polish Auctions Award Contracts For 2.5 GW of Solar And Wind
Roughly 2.2 GW of new solar capacity and about 0.3 GW of wind are expected to be built in Poland as a result of the auctions held in May and June, the Energy Regulatory Office, or URE, announced on Friday. Only three of the eight auctions were concluded because there were not enough bids in […]
The Future of Battery-Free Stationary Energy Storage
Energy storage technology is key to the transition from fossil fuels to clean, sustainable power. Renewables such as solar and wind will have a greater role in electricity generation, but their intermittent nature means they cannot be relied upon 24/7; effective storage techniques must be found to ensure we reap the full benefits. Batteries currently […]
Taiwan Can Replace Nuclear Energy With Solar And Wind by 2025, But Country Still Heavily Reliant on Thermal Power
Taiwan’s nuclear power installed capacity decreased from 4.9 GW to 3.8 GW, at a compound annual growth rate (CAGR) of -1.2 percent, according to leading data and analytics company GlobalData. If this trend continues, the country is set to meet the government’s target of zero capacity by 2025. Taiwan intends to fill the gap created […]
4 Nuclear Reactors’ Worth of Renewable Electricity Wasted in Southwest Japan
FUKUOKA : There have been frequent cases in southwestern Japan’s Kyushu region where the electricity generated from renewable energy sources, such as solar power, has gone unused. On some days, as much as the equivalent of four nuclear reactors-worth of generating capacity is being wasted without being transmitted. Why is this happening when the government […]
Aker Horizons Closes Transaction to Acquire Mainstream Renewable Power
Aker Horizons ASA (“Aker Horizons”) has finalized and closed the transaction to acquire Mainstream Renewable Power Ltd. (“Mainstream”), a global pure-play renewable energy company. Existing Mainstream shareholders have re-invested and retain 25 percent ownership in the company. As part of the transaction, Aker Horizons also acquired an interest in superconductor technology company SuperNode. The transaction […]
