Funds managed by Macquarie Asset Management and Spring Infrastructure Capital have opted to divest a 37.5% stake in the Race Bank offshore wind farm to Norges Bank Investment Management. The stake in the 573 MW […]
Like it or not, the era of artificial intelligence has arrived, morphing from a science fiction fantasy to the cornerstone of the future world economy. AI and other ground-breaking technologies like quantum computing will soon […]
Germany, Britain, Ireland‘s I-SEM and Poland are recognised as top markets for integrating renewable energy sources (RES) with battery storage systems across Europe. That’s according to Aurora Energy Research’s report, which anticipates an increase of […]
Energy company Ørsted has announced its investment in a battery energy storage system to enhance stability in the UK energy market. The system, co-located with Ørsted’s Hornsea 3 Offshore Wind Farm in Swardeston, Norfolk, will […]
It’s become a biannual tradition. Since 2021, when North Carolina adopted a law requiring Duke Energy to zero out its carbon pollution, advocates have spent every other year poring over the company’s plans for […]
It is very simple. The cost of storing electricity is so huge it makes getting through a single windless night under a net zero wind, solar, and storage plan economically impossible. This is especially true […]
1: People around the world are beginning to object to the increasingly expensive costs of the “energy transition” being pushed by their governments and some businesses. 2: A paper by the Climate Policy Initiative (CPI) […]
A report from the Institute for Public Policy Research (IPPR) has revealed that the UK is facing significant challenges in meeting its offshore wind targets, with potential repercussions for jobs, revenue and its net zero […]
A power grid system serving nearly 30 million Americans could again approach failure this summer, a local utility executive told the San Antonio Express-News. [emphasis, links added] Rudy Garza, CEO of the San Antonio-owned utility […]
Siemens Gamesa, a Spanish company belonging to Siemens Energy – the German giant operating in the renewable energy market, is in big trouble. The situation is so serious that it plans mass layoffs, Reuters reported, […]
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