The UK's latest auction for renewable energy projects saw a record-breaking amount of new offshore wind capacity secured, with 8.4GW of projects winning contracts. Prices for offshore wind rose by around 10% since the previous round, but analysis suggests it will be "cost neutral" for consumers due to lower wholesale costs. The government welcomed the results, stating it puts the country on track to reach its 2030 clean power targets and create jobs. The auction results were split into two parts, with fixed-foundation and floating offshore wind projects securing contracts. This marks the biggest ever offshore wind auction in Europe, with enough capacity to power over 12 million homes. The recent auction results for offshore wind projects are seen as positive for meeting clean power targets by 2030, with the government taking steps to support the expansion of renewable energy as part of a larger strategy to achieve ambitious clean power goals.
Tag: Europe
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New WindEurope CEO is ex-energy minister Van der Straeten: ‘industry being held back’
WindEurope has appointed Tinne Van der Straeten, former Belgian energy minister, as its new CEO at a critical moment for the wind industry in Europe. This leadership change signals a focus on advancing climate solutions and renewable energy initiatives within the region. Van der Straeten's experience in energy policy and commitment to sustainability will likely drive innovation and growth in the wind sector, contributing to Europe's transition to a cleaner and more sustainable energy future. Climate solutions experts should keep a close eye on WindEurope's strategic direction under Van der Straeten's leadership to stay informed on key developments in the wind industry.
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Envision, Casa dos Ventos sign 630MW wind deal in Brazil
Envision Energy has partnered with Casa dos Ventos to supply 630MW of wind turbines in Brazil, their first net-zero energy project in the country. The collaboration aims to accelerate Brazil's shift to renewable energy and enhance its global green energy market position. Envision will provide customised 8.xMW Galileo AI wind turbines tailored to local grid requirements, with potential expansion into digital asset management and green hydrogen solutions. This agreement builds on high-level meetings and aims to systematically introduce Envision's net-zero technologies in Brazil, setting new energy transformation benchmarks in Latin America. Additionally, Envision Energy and GES have formed an alliance to expand battery energy storage system and wind power projects in Spain and Europe, further advancing the clean energy transition in the region.
https://www.power-technology.com/news/envision-casa-dos-ventos-630mw-wind-deal/
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New European solid-state battery business targets commercial production
Axens Group, Syensqo, and IFP Energies nouvelles have joined forces to establish Argylium, a company dedicated to developing high-performance sulfide solid electrolytes for solid-state batteries in Europe. Utilizing technology from Syensqo's Paris laboratory, Argylium aims to industrialize next-generation sulfide solid electrolyte materials for all-solid state batteries. With a solid-state battery pilot line in La Rochelle, France, the company's goal is to commercialize these materials and contribute to the advancement of climate-friendly energy storage solutions.
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From Riverboats To Global Ports: CATL Is Winning The Shipping Electrification Race
CATL's batteries and energy management systems are being utilized in various ships and vessels, showcasing a shift towards electrification in maritime transport. The company's Ship-Shore-Cloud electric vessel solution, in partnership with A.P. Moller Maersk, is driving decarbonization efforts in ports and logistics, focusing on electrifying ground equipment, harbor craft, and shore power for vessels. Challenges in decarbonizing deep sea shipping are being addressed through operational changes, sustainable biofuels, and the prioritization of electrification in ports and short sea routes. Chinese battery manufacturers are leading the way in supplying batteries for maritime applications, while Europe and countries like Norway, Denmark, and Scotland are making strides in ferry electrification. This concrete reshaping of the shipping sector towards electrification is already in progress, with a focus on reducing emissions and costs while increasing regulatory familiarity and workforce capability.
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Hyundai Pushes The Hydrogen Fuel Cell Mobility Market
Hyundai is expanding its presence in the global fuel cell market with a range of vehicles and power stations. The company is focusing on transitioning the hydrogen supply chain from fossil fuels to renewable resources for a sustainable future. Hyundai is targeting the hydrogen fuel cell market in the US, Korea, and Europe, with a focus on electrifying public transportation, fleets, and port logistics. The growth of the fuel cell market is driven by various stakeholders promoting the hydrogen economy of the future. Hyundai and Air Liquide are partnering to build a sustainable energy ecosystem that includes hydrogen production and utilization, supporting an accelerated timetable for bringing new hydrogen technologies to the market.
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Offshore wind farms could be used as charging hubs for electric and hybrid ships
Two Danish companies are exploring the integration of offshore wind with marine electrification to reduce vessel-related greenhouse gas emissions. Stillstrom, a leader in marine technology, aims to provide offshore power and charging solutions for battery powered vessels. A joint white paper with the Port of Roenne on the Danish island of Bornholm will explore how offshore wind can support charging solutions for electric ferries and cargo vessels. Bornholm, designated as an energy island, is central to one of the busiest shipping corridors in Europe and plans to build offshore wind farms to support maritime electrification. The concept of "energy islands" as hubs for offshore power transmission is discussed, with estimates of 17 terawatt-hours of electricity needed for battery-powered vessels. This transition could save €2 billion in oil imports and reduce marine gas oil emissions. The Port of Roenne sees itself as well-positioned to contribute to the infrastructure needed for maritime electrification, including ferry and cruise vessel charging. Energy Island Bornholm is seen as a valuable opportunity to understand future maritime energy needs and support the wider transition to clean energy in Europe's shipping corridors.
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Low Carbon gains $1.4bn from CVC DIF to drive renewable energy growth
The Clean Power 2030 plan, which includes doubling onshore wind capacity and tripling solar PV, requires significant investment such as the one received by Low Carbon from CVC DIF to drive growth and support the delivery of several gigawatts of renewable energy. This investment will help Low Carbon transition into a diversified independent power producer, contributing to the energy transition in the UK and Europe. The UK government's plan requires £40bn of annual investment, while the EU has set a new renewable energy target of 42.5%. Low Carbon plans to bring a 3GW portfolio of renewable assets online in key markets such as the UK, Germany, and Poland, aligning with the goals of the Clean Power 2030 plan. Additionally, Hover Energy's innovative microgrid technology, recognized at the Power Technology Excellence Awards, is contributing to a more flexible and resilient energy future through their AI-enabled Microgrid Management SystemTM and networked microgrids.
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Ethio Telecom Expands Its EV Charging Network with the Launch of a Third Super-Fast Smart Station in Addis Ababa
Ethiopia has made significant strides in promoting electric vehicles by restricting the import of internal combustion engine vehicles and investing in electric vehicle infrastructure. The country has seen a surge in electric vehicle registrations, with over 60% of new vehicle registrations being electric in 2024. Ethiopia's energy mix is already over 90% sourced from renewables, with projects like the Grand Ethiopian Renaissance Dam contributing clean electricity. Ethio Telecom has launched electric vehicle charging hubs with ultra-fast and super-fast chargers to support the growing electric vehicle ecosystem in the country. This transition to electric vehicles and renewable energy not only helps reduce emissions and improve air quality but also frees up scarce foreign currency resources by substituting imported fossil fuels with locally generated clean electricity, showcasing that electrification is not just happening in Europe but also in countries heavily dependent on fossil fuel imports like Ethiopia.
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1.48GWh storage partnership to drive Europe’s energy transition forward
EVE Energy and Vimab BESS AB have signed a three-year MoU to deploy 1.48 gigawatt-hours of energy storage projects in Northern Europe to enhance energy security and support the energy transition. The collaboration aims to address the need for grid flexibility in renewable-rich Nordic markets as wind and solar power capacity grows. Large-scale storage is seen as crucial for stabilizing prices and ensuring reliable power supply. EVE Energy will supply battery systems and technical support for projects in Sweden and neighboring countries, with the first orders set for delivery in December. The partnership focuses on advancing carbon neutrality and energy efficiency in Europe through localized cooperation.
https://www.modernpowersystems.com/news/1-48-gwh-partnership-to-drive-energy-transition-forward/