Grids & Integration

The World Energy Council, in partnership with PwC, has interviewed 39 top level management energy leaders to find out if blockchain is driving an evolution or a revolution in the energy ecosystem.

The bid submission deadline for the national 10 GW PV project plus manufacturing tender is now November 12. According to officials, there are amendments to be made to the tender requirements.

Inorganic electrolytes will do the trick the company says. For multi-MW grid-scale applications the company says its technology can boost battery life to 50,000 cycles and is non-flammable. It adds that the costs of the product are competitive with conventional battery systems. Innolith is taking over the baton from Alevo, including chief executive and engineers. Alevo, however, went bankrupt last year, making the same promises.

Looking at a scenario, in which the Spanish residential solar market is booming again, energy consultancy, ecoSynergies finds that the energy system could save billions, both in terms of CO2, and fuel and grid costs. Additionally, introducing the EU’s suggestion to fairly compensate prosumers for their surplus energy, would allow households to slash payback times for their solar systems by more than a half. In some cases, the amortization period could go down from 25 to seven years.

The technology is said to use blockchain’s properties of providing secure real-time and fully transparent data. The company says that ensuring renewable energy certificates is becoming increasingly important. This is the first step towards a more comprehensive platform that seeks to cover renewable energy assets from other energy companies as well.

The two companies have installed systems in Kenya and the Democratic Republic of Congo to provide a cheap, secure energy supply. BloombergNEF has predicted the market for off-grid solar will grow considerably as it can meet the needs for universal energy supply at a cost competitive price.

Energy Minister Angus Taylor has announced there will be no replacement for the nation’s renewables target, casting a long shadow over investment predictability in the Australian renewable energy sector.

More than 100 free storage systems will given to residential and commercial users to maximize utilization rates of storage systems while reducing costs for grid operators. The algorithms behind the technology would improve the supply situation and shave peak demand.

The car manufacturer is deploying its second island project this year. Smart EV charging – and second-life EV batteries for stationary storage – are expected to help increase self-consumption, reduce carbon footprints and improve energy independence. The news comes amid a rising uptake of EVs in Europe.

The application of IoT, tapping, and analytics of big data, and much hyped applications like blockchain are making an impact on the solar PV sector and related devices, and also their interactions with the grid. But software has played an important role in the evolution of our industry dating back some 30 years.