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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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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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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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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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Over 60GW of wind energy capacity installed in 2019, the second-biggest year in history

Envirotec Magazine

Industry group calls on governments to ensure regulation is fit for purpose and “look beyond LCOE”, in order to accelerate growth of wind energy and meet climate targets. According to the report, 2019 was the second biggest year for wind power historically, with installations of 60.4

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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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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.,