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ABB and Gravitricity to collaborate on energy storage systems using end-of-life mine shafts and hoist technology
ABB has signed an agreement with UK-based gravity energy storage firm Gravitricity to explore how hoist expertise and technologies can accelerate the development and implementation of gravity energy storage systems in former...
Latin America to play an essential role in the global transition to a more secure and sustainable energy system
At a time of rising geopolitical uncertainty and accelerating energy transitions, an extraordinary endowment of energy and mineral resources, as well as a history of clean energy leadership, positions Latin America and...
MORE ELECTRICITY FROM RENEWABLE SOURCES IN MONTENEGRO
Elektroprivreda Crne Gore (EPCG) has embarked on a substantial investment cycle in the segment of renewable energy sources and investments in numerous new green energy projects. One of these is the Solari...
Declining electricity consumption in advanced economies is weighing on global demand growth this year
EU electricity demand set to drop to lowest level in 20 years, but with global consumption expected to increase strongly in 2024, growth of renewables is more important than ever.
Overall growth in...
Co-operation across borders is key to building interconnected power systems of the future
Designers of energy systems have traditionally thought locally or nationally. But as adoption of renewable energy grows rapidly, building power systems that operate across borders will become increasingly essential.
Integrating power systems at...
CHANGES IN THE RES SEGMENT LEAD TO A STABLE POWER SYSTEM
The long-awaited Law on Amendments to the Law on the Use of Renewable Energy Sources resolves the issue of numerous requests for the connection of new solar and wind power plants to...
GREEN TRANSITION – AN OPPORTUNITY TO DEVELOP SUSTAINABLE ECOSYSTEMS
The Republic of Croatia has been strongly encouraging the use of renewable energy sources (RES) for some time now. According to EUROSTAT data for 2021, RES had a 31.3 per cent share...
Why is the desulfurization system at TENT important for Serbia?
While environmental problems like pollution and climate change have caused countries around the world to embark on an energy transition, Serbia still largely relies on one energy source - coal. If go...
MAINTAINING THE BALANCE AND DEVELOPING THE POWER SYSTEM
Earlier this year, electricity prices in the region and Europe were at the level from two years ago, but this was not a sign of the easing of the energy crisis, but...
The Importance of Battery Energy Storage Systems in the Energy Transition
The increasing demand of consumers to be supplied at all times with electrical energy to satisfy all their needs is one the basic causes for the complexity of an energy system. The...
Development of the Electricity Network as a Key to a Greater Regional RES Integration
This process is unstoppable in developed countries, but despite the odds and good preconditions we have in this region to a more active approach to green transformation, the process is moving insignificantly....
Energy Community Power System Can Support at Least 30 GW of Renewables Without Additional Investments Into Flexibility
As the energy transition advances in the Energy Community Contracting Parties, the share of power generation from variable renewables such as wind and solar will increase manyfold.
The Energy Community power system with...
EBRD Lends EUR 20 Million to Upgrade Bosnia’s Electricity Transmission Grid
The European Bank for Reconstruction and Development (EBRD) is lending EUR 20 million to Elektroprenos-Elektroprijenos (also known as TransCo), Bosnia and Herzegovina’s transmission system operator, for the modernisation and upgrading of its...
G7 Members Have a Unique Opportunity to Lead the World Towards Electricity Sectors With Net Zero Emissions
G7 members are well placed to fully decarbonise their electricity supply by 2035, which would accelerate the technological advances and infrastructure rollouts needed to lead global energy markets towards net zero emissions...
IEA works with Italy and UNEP in push for projects that use digital technologies to support flexible and resilient energy systems
The International Energy Agency is teaming up with the Italian Ministry of Ecological Transition (IMET) and the United Nations Environment Programme (UNEP) to call for pilot projects on how digitalisation can contribute to flexible...
Hot Rock Energy Storage Will Soon Be A Reality In Denmark’s Electricity Grid
The Danish company Stiesdal, which is behind the TetraSpar full-scale demonstration project of the world’s first industrialized offshore foundation manufacturing and deployment system for wind turbines, is now realizing the first commercial demonstration energy storage...
