Although they are the cleaner and more environmentally-friendly alternative, electric vehicles must still find their place in the UK's rapidly evolving energy grid. The challenge is not that electric vehicles demand more energy than we can supply, it is that they disrupt how that energy is distributed and supplied on our transmission networks.
By David Hall, Vice President Energy, UK & Ireland at Schneider Electric
The Canadian Government has announced details on how it plans to phase out coal power in Canada by 2030.
China has approved its first large battery storage pilot project as it seeks to maximise renewable energy output and improve grid stability.
Hitachi has reached a deal to acquire ABB’s power grid business for an estimated $7 billion.
Diamond Transmission (DTC), a subsidiary of Mitsubishi, has been selected as the preferred bidder for a new offshore transmission link in the UK.
A report from the African Development Bank (AfDB) states that Zimbabwe requires $1.2 billion to finance new power projects and repair ageing infrastructure.
The International Bank for Reconstruction and Development (IBRD) has announced that it will extend a $310 million loan for India’s Jharkhand Power System Improvement Project.
GE has announced that it intends to reorganise GE Power into two businesses, GE Gas Power, comprised of Gas Power Systems and Power Services, and GE Power Portfolio, comprised of the Steam, Grid Solutions, Nuclear, and Power Conversion businesses.
The European General Court has suspended the UK’s subsidy scheme for back-up electricity generation, stating that the payments system should be subject to a state aid investigation.
The MENA Power Industry Outlook 2019, a report prepared by Ventures Onsite, says that the GCC region is expected to require power infrastructure investment totalling $109 billion over the next five years.