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Energy Management Systems

Renewables, an antidote against volatile electricity prices for the EU

The European Commission says renewables are playing a central role in lowering spot prices and stopping rises in network charges and fees. In the EU energy market, however, coal and gas still dominate, ensuring power prices are unpredictable.

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Interview: CellCube president Stefan Schauss on Brexit’s impact on the British storage industry

Vanadium redox flow battery supplier Cellcube spoke to pv magazine about the latest political developments in the U.K. and what the effects on storage could be.

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Sonnen receives €25 milllion financing from the European Investment Bank

The EIB said supporting the battery supplier will help Europe realize its clean energy targets. The funds are earmarked for the company’s European R&D, as well as stemming ‘operational burdens’ from its growth rate. Sonnen recently made headlines by opening a factory in Australia to supply its virtual power plant in Adelaide.

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Enel touts €1bn green bond and bags 70% of Polish demand response market

The energy giant’s finance subsidiary placed a bond in Europe to finance its renewable energy and infrastructure projects and secured 70% of Poland’s demand response capacity market for the 2021-2023 period, in the first auctions of their kind in the nation.

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IRENA: Energy transition will see geopolitical “winners and losers”

The International Renewable Energy Agency has plotted the potentially dramatic impacts of a global transition to renewable energy from fossil fuels. Today’s A New World report notes the transition requires international cooperation to manage disruption, as it will leave behind countries and industries that fail to adapt.

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UK: A hard Brexit would add millions to consumer electricity bills

All round, it has been an interesting week for the U.K. to say the least, and the energy sector was no exception. In addition to the country’s All-Party Parliamentary Group for Renewable and Sustainable Energy (PRASEG) organizing a debate on the Capacity Market; a forum in London discussed grid operator’s flexibility; and a new report was released claiming a hard Brexit would add millions to consumer electricity bills.

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Switching to solar could save aid missions half a billion per year

A new report published by Chatham House for the Moving Energy Initiative examines energy spending of humanitarian aid organizations. The authors claim that with modern clean energy systems the sector could save US$517 million per year on fuel costs, as hitherto the majority of refugee camps and other facilities are run on diesel gensets.

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World’s largest distributed energy management system to be deployed in Western Australia

PXiSE will deploy its Active Control Technology to manage up to 50,000 distributed energy resources across Horizon Power’s 2.3 million square kilometre network, which it says will enable higher levels of renewable energy.

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US energy storage storm grows in strength

A Wood Mackenzie report shows U.S. energy storage deployments tripling in capacity during Q3 ’18 versus last year’s volume, while noting that the future pipeline growth rate doubled versus prior quarters to reach 33 GW of future projects.

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Kiwis launch 18 MWh VPP, green investment scheme

New Zealand will connect 3,000 home battery systems to the national grid to provide demand response services. The government has also set up a US$69 million finance company to accelerate investment in distributed energy generation and electric vehicles as part of its 2050 carbon neutral goals.

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