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CBAM Ignites New Era of Equitable Contest in Europe

Hydrogen Fuel News

As of October 1, 2023, the EU’s CBAM has entered into its transitional phase The Carbon Border Adjustment Mechanism (CBAM) is a groundbreaking strategy devised by the European Union (EU). It’s designed to equalize the price of carbon between domestic products and imports, thereby ensuring fair competition in terms of carbon costs.

Europe 76
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WoodMac: Wind, Solar and Storage to Dominate Europe’s Power Grid by 2030

GreenTechMedia

Europe's power system will look very different in 2030, with energy storage supporting the “dominance” of wind and solar generation, according to new research from Wood Mackenzie. By 2040, Europe is expected to add another 169 gigawatts of wind and 172 gigawatts of solar.

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Global Energy Trends From The 2023 Statistical Review Of World Energy

R-Squared Energy

As I indicated in the previous article , BP has turned over publication of the annual Statistical Review of World Energy to the Energy Institute (EI). Overview The newest Review shows the world remains heavily reliant on fossil fuels for energy needs, even as renewables like solar and wind continue rapid growth. growth in 2021.

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'Falling like dominos': Renewables records continue to topple across Europe

Business Green

New analysis reveals that on May 24th over half of the continent's power came from renewables, as UK's coal-free run extends beyond 50 days. On a Sunday late last month, 55 per cent of Europe's power was delivered by wind, solar, and hydroelectric sources.

Europe 101
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Analytics platform to involve UK energy stakeholders in grid resilience efforts

Smart Energy International

Grid technology company Reactive Technologies has launched Tradenergy, a software tool and analytics platform with the aim of providing short-term energy traders real-time insights into grid events such as generation or interconnector trips. Have you read: European merit order energy trading: Obsolete?

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National Grid ESO advances inertia management on GB grid

Smart Energy International

National Grid Electricity System Operator (ESO) has deployed GE’s Effective Inertia Metering & Forecasting solution across the GB electricity network and secured ten net zero inertia contracts. The metering function is software-based, with no injection of forced stimulation or additional hardware into the network.

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Customer-centric demand response a key solution for Japan’s energy transition challenges

Smart Energy International

Japan’s electricity sector is facing the triple challenges in the energy transition of energy security, cost and decarbonisation , writes James Tedd from GridBeyond. Imported fossil resources contribute to all three of the challenges of the energy transition. Image: GridBeyond. Demand side measures. Have you read?