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Europe’s grid is receiving record levels of investment. But is it enough?

Smart Energy International

Reflecting on a week of record finance results from German and Dutch utilities, Smart Energy’s Power Playbook column sees Yusuf Latief discuss grid investment plans and whether they are indicative of grid planning finally going right. So, what does this tell us about the investment landscape within which grid business stands?

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Wasted wind power, swimming pool energy, and nature finance: BusinessGreen's most read stories of the week

Business Green

BusinessGreen rounds up the most widely read stories on the site this week Report: Wasted offshore wind power costing UK £1bn a year Electricity wasted by turning off turbines to avoid overloading the grid should be harnessed to turbocharge green hydrogen production, Policy Exchange argues. -

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Shetland wind power set to reach UK mainland via new HVDC link

Business Green

A major renewable energy infrastructure project is to bring wind power from Shetland to the UK mainland via Europe's first multi-terminal high-voltage direct-current (HVDC) interconnection, the firms behind the development announced yesterday. Major milestone reached for pioneering green grid project.

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New partnership to bring more hydrogen production systems to European market

Hydrogen Fuel News

Kraft added that hydrogen is the focus of Siemen’s global investment in P2X. Metacon revealed at the start of 2024 that they were given exclusive rights for manufacturing complete electrolysis plants based on PERIC’s tech. Metacon aims to become a market leader in hydrogen production plants.

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Global Briefing: Spain celebrates record low cost for onshore wind power

Business Green

The auction secured 1GW of new onshore wind capacity and a further 2GW of solar capacity. Bids do not require a building permit but they have to be constructed by April 2024 the latest to access the promised contracts. So citizens win twice, both as consumers and taxpayers.". Canadian firms sign up to new Plastics Pact.

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Storage horizons: more battery systems needed

Envirotec Magazine

Modelling from energy consultancy Cornwall Insight on the UK’s Power Market out to 2030 seems to show that between 2025 and 2030 the government must spend nearly a fifth (18%) of its total energy technologies investment on energy storage batteries, if it wants to meet renewables targets and stabilise the energy market.

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PacifiCorp Opens 4.3GW Renewables and Storage Procurement

GreenTechMedia

This week's all-source request for proposals ( RFP ) puts hard details to the procurement plan released this spring , calling for a mix of renewables and energy storage that can be built in time to capture the value of federal wind and solar tax credits. Its solar power is being largely targeted for Utah, Wyoming, Oregon and Washington.