Category: Energy
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Agreement signed by Rosatom for the development of a floating nuclear power plant plan
– Russia already has one floating nuclear power plant near the town of Pevek – The Government of Primorsky Krai signed an agreement with Rosatom for feasibility study and location options for additional floating nuclear power units – The region estimates a need for at least 1.35GW of power by 2029-30, with plans for four…
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Connecticut Easterseals branch transitions to solar power with new 218-kW rooftop system
– Easterseals Capital Region & Eastern Connecticut is using C-PACE financing to begin a clean energy upgrade project at its Windsor facility. – The improvements include a 218-kW rooftop solar system, new lighting, and controls, with estimated energy savings of $1.3 million over the project’s lifetime. – The project is funded with $714,000 in C-PACE…
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Politics Disconnected from Energy Realities
1. There is a disconnect between political rhetoric and the reality of energy production, specifically within the Democratic and Republican parties. 2. The U.S. power grid is undergoing significant transformation, requiring a balance between growth and transitioning to cleaner energy sources. 3. Former Sen. Mary Landrieu is advocating for a bipartisan approach to energy policy…
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Impact of Decreasing Battery Storage Prices on Project M&A is significant
1. M&A activity in the energy storage sector slowed down but picked up again due to decreased lithium and BESS prices, making projects more attractive for investors. 2. Available Power has sold several 9.9MW/20MWh assets in ERCOT and is currently selling a larger 100MW/200MWh project at Greenport after reaching NTP, with a COD target of…
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Exploring the Funding Options of Energy Storage Projects in Europe
– Europe’s energy sector shifting focus towards energy storage systems – Growth expected in energy storage capacity in Europe – Barriers to investing in energy storage include policy/regulation, economics and technology risks In this edition of Smart Energy’s Power Playbook column, Yusuf Latief delves into the energy storage financing landscape in Europe, exploring different instruments…
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ONYX Insight celebrates a decade of condition monitoring software
– ONYX Insight has saved the wind industry over US$340 million with its fleetMONITOR condition monitoring software – The software is hardware-agnostic and works with any CMS system, covering over 30 turbine OEMs – Adopted by leading wind energy asset owners, operators, and OEMs, the cloud-based software uses AI advancements for predictive maintenance and has…
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QuantumScape Dismisses Doubters of Solid-State Battery Technology
1. QuantumScape has shipped the Alpha-2 prototype solid-state battery for electric vehicles. 2. The battery features an anode-free manufacturing process and a proprietary ceramic separator. 3. QuantumScape is working on integrating improvements into the QSE-5 cells and plans to begin manufacturing them later this year. QuantumScape, a US startup, is making advancements in solid-state batteries…
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Siemens Energy AG Patent: Innovative Multilayer Neutral Bus Setup
– Ceramic composite hollow blades were a key innovation area identified from patents at Siemens Energy. – Siemens Energy’s grant share was 54% as of January 2024. – A recently granted patent (Publication Number: US11855515B2) discloses a multilayer neutral bus arrangement with three bushings for distributing current efficiently to reduce heat loss. Siemens Energy has…
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SolarEdge contributes equipment to establish outdoor solar training center in Dallas
1. Green Careers Texas and Restorative Farms have built an 800-ft2 outdoor classroom, training roof, and event space on urban farmland in Dallas powered by PV and battery components donated by SolarEdge. 2. The facility will train individuals for jobs in residential and commercial solar installation and provide clean power for operations at Restorative Farms,…
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Coastal Utilities Cautioned of ‘Highly Dangerous’ 2024 Hurricane Season
1. AccuWeather warns of an extremely active 2024 Atlantic hurricane season with up to 25 named storms, 12 hurricanes, and potential impacts on the U.S. 2. Factors contributing to the prediction include warm ocean temperatures, shifting from El Niño to La Niña, stronger African jet stream, and changes in steering winds. 3. Utilities in high-risk…