Energy Update
Contributed by Hans Maghon, Head of Energy Storage at Siemens Energy
Understanding the different methods of energy storage allows us to glimpse the shape of our future energy system.
As we head towards a decarbonized energy future, it’s becoming more and more clear that energy storage systems will form not just building blocks, but be part of the very foundation that future will rest on.
Bitfarms Ltd., a Bitcoin self-mining company, has acquired a 24-MW hydro power plant in Washington State, U.S., and entered into a memorandum of understanding with the seller to co-develop additional farms in the area, increasing total mining capacity in Washington to 99 MW.
Neither the name of the hydro plant nor the company from which it was acquired were disclosed.
Financial services firm, JPMorgan Chase and energy company, EDF, have announced a collaboration to help power JPMorgan Chase’s UK offices with 100% renewable electricity.
EDF will provide JPMorgan Chase with approximately 120,000 MWh of renewable electricity each year to power more than 3 million square feet of offices across the UK, which is the equivalent of powering nearly 33,000 households in the UK.
A subsidiary of NextEra Energy has submitted transmission proposals to support the buildout of offshore wind projects in New York and New Jersey.
NextEra Energy Transmission submitted the New York Renewable Connect and New Jersey Seawind Connector proposals with PJM and NYISO regulators, respectively.
Destination 2050 is focus of DISTRIBUTECH / POWERGEN conference and leadership summit
By David Stent — Climate Council Digital Producer & Content Manager
Houston-based Broad Reach Power has added two new stand-alone battery storage projects to the Texas grid.
Normally competitors in the quest to deploy long-duration energy storage, and replace fossil fuels with dispatchable clean energy at all hours of the day, 24 companies joined forces at the COP26 United Nations climate summit to form the Long Duration Energy Storage Council.
The U.S. Dept. of Commerce has rejected an antidumping tariff petition brought by a group of anonymous domestic solar manufacturers against solar modules imported from three Southeast Asian countries.
A new initiative has been established to help support start-ups within the low-carbon hydrogen value chain with the aim to accelerate the decarbonization of hard-to-abate sectors and the energy transition.
The Low-Carbon Hydrogen Accelerator has been launched by the Electric Power Research Institute (EPRI), Shell, the City of Houston, Greentown Labs, the Urban Future Lab, and the NYU Tandon School of Engineering.
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