The European Bank for Reconstruction and Development (EBRD) will provide €300 million towards the enhancement of Ukraine’s energy facilities under a newly signed agreement.
Nigeria’s Power Generation Companies have stated that over $2 billion owed to them is threatening their operations and failure to resolve the crisis will lead to the collapse of electricity generation in the country.
Mexico was hit by rolling blackouts on 7 May due high temperatures and drops in power generation.
Eskom has announced that it has gone more than 29 days without load-shedding, which it attributes to sustained electricity generation capacity and sufficient emergency reserves.
Russian missile and drone attacks hit thermal and hydro power plants in central and western Ukraine in the latest barrage targeting the country’s already damaged power infrastructure, as part of Russia’s illegal invasion of Ukraine.
The California Public Utilities Commission (CPUC) has passed a decision to allow distributed renewable energy resources like residential solar and battery energy storage to interconnect to the grid without triggering grid impacts that require infrastructure upgrades.
The switch to clean energy can only happen if grids are upgraded to connect to more renewable projects, and store excess energy for later use, rather than curtail it. But bureaucratic processes are causing major delays to key renewable energy projects.
By Frédéric Godemel, EVP Power Systems and Services at Schneider Electric
The largest US power grid, PJM Interconnections, could lose up to 58 GW of generating capacity by the end of the decade, according to a report by PJM’s Independent Market Monitor.
Volvo Penta and Aiab Energy are strengthening their collaboration to provide integrated battery energy storage systems (BESS).
The EU has announced that it intends to invest €37 million into the Nigerian power sector, aiming to address the longstanding issue of inadequate electricity supply in the country.