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Con Edison Contracts Its Biggest Battery to Date in New York City

GreenTechMedia

New York utility Con Edison has signed its biggest energy storage contract to date, a 100-megawatt/400-megawatt-hour lithium-ion battery project that will help balance a grid facing rising levels of offshore wind and other renewable power in the years to come. It has already awarded 1.7 GW more this summer.

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Media Brief: Addressing common myths around renewable power

Clean Energy Canada

Global renewable power generation is growing at an unprecedented rate , driven by the favourable economics of wind and solar along with energy security concerns around oil and gas (largely caused by recent wars), and emissions goals. Looking ahead, the U.S. and Ontario, and solar potential in Ontario and the Prairies.

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Rising battery storage costs: A long-term trend or short term blip?

Business Green

But batteries undeniably remain the most common form of energy storage and are widely regarded as a critical component of the net zero transition and an enabler of both vehicle electrification and cleaner, more efficient grids dominated by intermittent solar and wind power.

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Green energy transition: Why analysts are calling for governments to go 'beyond market economics'

Business Green

Moreover, the study warns that renewables are on track to make up less than one fifth of primary global power demand globally by 2030, despite significant momentum being seen in the decarbonisation of many electricity markets.

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Global Briefing: Australian Government agrees to cap greenhouse gas emissions

Business Green

Wind and solar accounted for 14 per cent of US electricity, with hydropower accounting for six per cent, and geothermal sources just under one per cent. The group's Annual Financing and Investment Trends report revealed that last year saw just €17bn invested in new wind farms, a fall of 58 per cent compared to €41bn in 2021.

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A 21st-century reinvention of the electric grid is crucial for solving the climate change crisis

Renewable Energy World

The original foundation was a combination of “base load” coal plants that operated 24 hours a day and large-scale hydropower. Beginning in 1958, these were augmented by nuclear power plants, which have operated nearly continuously to pay off their large capital investments. These are all sources of flexibility.