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Dutch demand continues to outstrip supply despite record grid investments

Smart Energy International

Despite record investments into power grid expansion to accommodate demand, grid operators Alliander, Enexis and Stedin have reported inefficient capacity to prevent increasing network congestion. Alliander invested more than €1.4 billion ($1.6

Demand 59
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'Europe has avoided the worst of the crisis': EU renewables overtake gas power in 2022

Business Green

The findings, published by energy think tank Ember, suggest Europe weathered a "triple crisis" in the energy sector last year, as the industry faced soaring costs, a scramble to wean the continent off Russian gas supplies, and the lowest levels of hydro and nuclear generation in two decades. Any fears of a coal rebound are now dead."

Europe 76
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Investment needed to keep grid fit for purpose says Enel Grids boss

Smart Energy International

With 2023 coming to a close, the impact of climate change and rapidly increasing electricity demand have illustrated the crucial importance of grid investment to ensure the grid is fit for purpose. Not investing in the grid is like accumulating cholesterol – you find out you are in bad shape.” Join Enlit Europe in Paris.

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2022 – green hydrogen tipping point predicted

Smart Energy International

Research and consultancy organisation Delta-EE anticipates 2022 as the tipping point year that policy support will create a viable business case for green hydrogen. However, only a little over one-third (794 MW) of these projects have reached final investment decision or been awarded public funding in Europe and the UK.

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Ford says it will launch 7 new EVs in Europe by 2024

Charged

Ford plans to invest some $2 billion in its new Cologne Electrification Centre in Cologne, Germany. The investment includes a new battery assembly facility scheduled to start operations in 2024. Ford says it will give the new EV a name, and reveal more details, later in 2022, and expects to begin production in 2023.

Europe 131
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Smart Energy Finances: CPower closes Centrica demand response acquisition

Smart Energy International

The DER company has acquired Centrica’s demand response division, bolstering their DER capacity from 5.6GW to 6.3GW. CPower closes Centrica demand response acquisition. Their services aim to help customers earn revenue for participating in demand response solutions that bolster the grid. The transaction is valued at $6.8

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LNG Supply, Demand, Pricing & Trading

Energy Central

2022 is proving to be a year of change for the LNG business. LNG demand is growing as Covid restrictions are eased but reduced investment during the pandemic and delays in construction are slowing the addition of much needed new liquefaction capacity.

Demand 52