23 January 2024
23 January 2024
The International Energy Agency (IEA) has significantly downgraded its capacity growth forecasts for green hydrogen; by more than 50% for Europe.
The brownfield site sits in the former Cockenzie coal-fired power station on Scotland’s East Lothian coast.
The Tâmega hydroelectric complex includes the 160MW Alto Tâmega hydroelectric power plant, the 880MW Gouvães pumped storage power plant and the 118MW Daivões power plant.
Across the fossil fuel, power production and mining sectors, there are a growing number of assets at risk of being stranded as a direct result of the global water crisis, according to research from CDP.
The intermittent nature of renewables creates complications for the industry, but the Internet of Things offers security through forecasting and predictive maintenance.
Built with an investment of more than C$600m ($445.16m), the power generated from Sharp Hills wind farm will be sold to TC Energy.
The partnership will result in Eneco acquiring a 50% stake in the project.
The consortium has a portfolio of projects including Parque Nordés in Galicia, Parc Tramuntana in Catalonia and Parque Tarahal in the Canary Islands.
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