Energy Update
The U.S. Dept. of Energy has developed a national strategy for enhancing engineering training, tools, and practices to build resilient clean energy systems designed to withstand cyber threats.
A microgrid investment platform has raised $25 million to deploy clean energy in rural Africa.
CrossBoundary Energy Access (CEBA) raised $25 million, backed by Bank of America, the Microsoft Climate Innovation Fund, and ARCH Emerging Markets Partners Limited.
The Federal Energy Regulatory Commission (FERC) issued and discussed a new Notice of Proposed Rulemaking (NOPR) that would make significant reforms to interconnection rules and processes for generation developers looking to connect their projects to the transmission grid.
Recurrent Energy has acquired two standalone battery storage systems under development in Texas.
The projects are expected to total a combined 400 MWh of storage and are located in ERCOT's South Zone. Recurrent acquired the projects from Houston-based developer Black Mountain Energy Storage.
Energy storage developer Augwind said it signed a three-year collaboration agreement with Voith Hydro. The two will collaborate to develop turbines, water pumps and power systems to be integrated into Augwind’s AirBattery energy storage system.
Oil major bp said it plans to help develop what it calls "one of the world's largest" green hydrogen hubs to based in Australia.
The company acquired a 40.5% equity stake in the Asian Renewable Energy Hub (AREH). In addition to the ownership share, bp said it plans to operate the green hydrogen hub.
California’s first 100% renewable energy, front-of-the-meter, multi-customer microgrid is now fully operational, providing enhanced energy resilience for the California Redwood Coast-Humboldt County Airport and US Coast Guard Air Station.
The Redwood Coast Airport Microgrid (RCAM) features a 2.2MW solar PV array that is DC-coupled to a 2MW (9MWh) battery energy storage system, comprised of three Tesla Megapacks.
Lockheed Martin has been selected to build the U.S. military's first long-duration energy storage system.
The defense contractor's redox flow battery technology will be installed at For Carson, Colorado for the Army.
(Wed, 15 Jun 2022) We have extended our annual crude oil surplus capacity estimates for current OPEC members back to 1970, and we have also added estimates for non-OPEC countries (including both former members of OPEC as well as non-OPEC countries). This extended data series provides historical context for analyzing current market conditions.
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