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First virtual power plant inaugurated in Greek energy market

Smart Energy International

Driven by Greek electricity market reform, emsys VPP has announced the inauguration of the first Virtual Power Plant (VPP) into the Greek electricity market. Protergia, the power and gas unit of stock-listed MYTILINEOS S.A., Greek electricity market reform.

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Top Predictions For The Renewable Energy Market in 2021

The Environmental Blog

The global economy of 2020 was primarily shaped by the coronavirus pandemic which greatly affected energy usage, project engagement and investments worldwide. Fortunately, 2021 signals some progression towards normality, and there are hopes that the energy market will follow suit with renewed conviction for renewables.

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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.

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Sensor tech and AI increase transmission capacity by 52% finds Litgrid

Smart Energy International

Lithuania’s electricity transmission system operator Litgrid has completed tests of artificial intelligence and sensor technologies, finding that their use has enabled a 52% increase in throughput capacity for the country’s transmission lines. We have been testing variable bandwidth technology since October 2022.

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Could green hydrogen be key to a carbon-free economy?

GreenBiz

And what energy product will be used both to power this city and sell to the world? The Saudis are going big on something called green hydrogen — a carbon-free fuel made from water by using renewably produced electricity to split hydrogen molecules from oxygen molecules. This summer, a large U.S. This summer, a large U.S.

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Keeping the lights on: Ensuring flexibility and stability in the European grid

Envirotec Magazine

According to Bloomberg, January 2021 saw the latest in a series of near misses for the European power grid, a sudden drop in frequency and narrowly avoided widespread power failure. Increasing reliance on renewable energy sources — while essential to lower CO2 emissions — also leads to a fluctuating energy supply.

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Europe’s Energy Storage Market Is Fading, Right When It’s Needed Most

GreenTechMedia

European energy storage deployment is set to shrink compared to other global markets, even as the need for flexibility on the grid increases, according to new research from Wood Mackenzie. In 2014, EMEA, dominated by Europe, represented 44 percent of global energy storage deployment. was 22 GW with 3.6 In the U.S.,