Energy Update
Countries are slowly diversifying their energy portfolio by including hydrogen in their future roadmap towards a low carbon economy. Today, several global trends and activities distinguish the renewed focus on hydrogen from what has been observed in the past. Countries like Germany, Japan, the UK, China, Australia, and others have already made plans targeting Hydrogen production and prices with a series of investments and potential policies being considered.
The expected decreased demand for fossil fuels, coupled with the falling costs associated with renewable energy projects, are driving major oil and gas companies – including bp, Total and Shell – to actively restructure their businesses to add more renewable power projects to their portfolios.
With the increase in Electric Vehicles’ availability in Midwest states, it is time to acknowledge the opportunities for charging EVs at MISO, the regional grid operator. Aggregated EVs can be a distributed energy resource (DER). Therefore, aggregators are ideally positioned to bid EVs into the MISO market. MISO and other grid operators can enable EV prospects by allowing aggregated EVs to participate in the energy markets.
NHPC Limited and Bihar State Power Holding Company (BSHPC) have signed a memorandum of understanding (MOU) for implementation of the 130.1-MW Dagmara hydroelectric project in the Supaul district, Bihar State, India.
EDP Renewables is expanding its presence within the Latin American and global clean energy market with two separate deals reached with Atacama Energy and Lader Energy in Chile.
The two deals have a total consideration of $38 million for the acquisition of 628 MW of solar and wind energy projects in Chile.
A partial solar eclipse last Thursday was expected to reduce solar energy production for a time. It underlines the importance of photovoltaic operators and utilities having backups, whether in the form of energy storage or alternative ways of getting energy to customers during an outage.
Efficiency Maine last week announced seven awards to place new high-speed electric vehicle (EV) chargers at strategic locations on Interstate 95 to serve communities in central and eastern Maine.
With these additions, Maine’s universally accessible, high-speed EV charger network will connect Bangor, mid-coast Maine, and Acadia to drivers traveling to and from southern New England and the State’s western border.
GE Renewable Energy and LafargeHolcim have signed a memorandum of understanding (MoU) to explore circular economy solutions using materials from decommissioned wind turbines.
The companies are exploring new ways of recycling wind blades, as well as how wind turbine blades can be turned into sustainable construction materials to build new wind farms.
The New York Power Authority (NYPA) announced this week that it will launch a project with the Electric Power Research Institute (EPRI) to explore the use of crushed rock thermal energy storage to provide reliable and effective energy storage in a market with significant renewable energy resources. The project will be led by EPRI and funded by a $200,000 U.S. Department of Energy (DOE) grant.
by Alison Wiley
Pages
GET IN TOUCH
- 1875 I Street NW, International Square,
Washington, District Of Columbia, 20006 - Phone: +1 (888) 317-3839
- Email: info@mglllc.com
About
Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.