UK to boost power prices by 66% for next offshore wind auction
The announcement follows poor results from the last renewables auction, in which offshore wind projects won no bids.
17 November 2023
17 November 2023
The announcement follows poor results from the last renewables auction, in which offshore wind projects won no bids.
Buffalo Plains will be the largest onshore wind farm in Canada, generating 1.5 gigawatt-hours (GWh) of clean energy annually.
A hybrid interconnector could strengthen electricity supply security in Europe and contribute to the EU's climate targets.
Expected to begin operations in Q2 2025, the Box Canyon solar project will supply power to the Southwest Public Power Agency (SPPA).
The plans are in line with South Korea’s 2050 net-zero goal and its strategy to grow its renewables capacity to 108.3GW by 2036.
One year on from its release, OpenAI’s ChatGPT has started a public conversation about the effects of AI. But what will it mean for business?
The 618MW portfolio includes 12 wind farms with 398MW of capacity and two solar plants with 220MW of capacity.
Final permissions for all five projects are expected in the fourth quarter of 2024.
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Per GlobalData, the market for battery energy storage is estimated to grow to $14.89 billion in 2027, driven by several factors including, the fall in battery technology prices and the increasing need for grid stability and resilience of the integration of renewable power in the power market. Lithium-ion has eclipsed lead-acid as the primary technology for battery storage deployment, due to its cost and performance advantages, deep discharge cycle life, energy and power density. China is the largest battery energy storage market with a cumulative installed capacity of 6.38GW in 2022.
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