One of the most significant challenges posed by connecting more renewable energy to the grid is intermittency. Balancing the potential energy shortages or oversupply requires a flexible approach.
By Steven Hardman, CEO, Conrad Energy
Power sector emissions in the EU fell by a record 19 per cent in 2023 as a result of sharp falls in both coal- and gas-fired generation, according to a report from the climate think tank Ember.
According to a report from the IEA, 50 per cent more renewable capacity was added globally in 2023 than in 2022, and it predicts that the next 5 years will see the fastest growth in this sector ever, giving it the opportunity to achieve the goal of tripling global capacity by 2030 set at COP28.
Sungrow Power and EDF Renewables have signed an agreement to provide 264 MWh liquid-cooled energy storage systems and MV transformers for the Umoyilanga project in South Africa. The project is South Africa’s first wind-solar-storage integrated virtual power plant (VPP).
GE Vernova and Forestalia have signed an agreement to install up to 693 MW of onshore wind turbines across 16 future project sites throughout the Aragon region in Spain.
Hussain Al Nowais, Chairman of Amea Power, has announced at the Cop28 climate conference that Amea Power has signed a new agreement to develop wind power in Ethiopia.
US electricity generation from wind power is on course to surpass coal-fired electricity generation, potentially by 2026, as wind supply growth expands at a record pace just as coal-fired generation is cut across the country.
NHPC has announced its intention to acquire 1.5 GW of wind-solar hybrid power projects across India.
The European Bank for Reconstruction and Development (EBRD) has announced it is financing construction of a 240 MW wind power plant in east Azerbaijan.
Robert Habeck, Germany’s Economy Minister, said that the country is likely to generate more than 50 per cent of its power from renewable energy this year, but that it needs to increase the speed of its transition.