Energy Update
Sweden's state-owned utility Vattenfall will use 1,000 lithium ion batteries supplied by BMW Group to provide energy storage at some of the power company's wind power facilities.
A coal-mine that powered German industry for almost half a century will get a new lease on life when it’s turned into a giant battery that stores excess solar and wind energy.
Rancho Santana resort and residential community on the Pacific Coast of Nicaragua is turning to solar and energy storage to alleviate the high cost of peak energy in the region.
Within the past decade or two, the solar industry has experienced a great deal of evolution and expansion. In the U.S., one of the largest shakeups was in 2010 when PV panel prices dropped. The inverter market has also been subjected to changes, especially in terms of new topologies and increased functionalities.
U.S. Secretary of the Interior Ryan Zinke and Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank yesterday said that a wind energy area of 122,405 acres offshore Kitty Hawk, N.C. received the high bid of $9 million from Avangrid Renewables, the provisional winner in a competitive lease sale in federal waters.
(Fri, 17 Mar 2017) U.S. propane inventories, which had been above historical norms since mid-2014, declined by 59 million barrels from the beginning of October 2016 through early March 2017, the largest decline on record for this period, despite unseasonably mild temperatures.
According to a recent report "Beyond Four Hours: The Transition to a More Flexible, and Valuable, Long-duration Energy Storage Asset," 80 percent of market participants define long-duration energy storage (LDS) as an asset than can provide at least 3 hours of energy storage. But even that definition of LDS was not the same for everyone, according to Jason Deign, author of the report.
Beach Energy has commenced preparations for drilling a conventional onshore gas exploration well in the Penola Trough, Otway Basin in South Australia.
Siemens' new direct-drive low wind turbine has reached the prototype testing stage. The onshore model SWT-3.15-142, with a rotor diameter of 142 meters passed prototype approval and was erected at the Drantum wind test site in Jutland, Denmark.
The 94-year-old creator of the lithium-ion battery has invented another breakthrough storage device that’s capturing the attention of industry heavyweights.
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