Energy Live News’ Post

UKPN releases curtailment data for renewables. UK Power Networks, as the first Distribution System Operator to respond to industry demands, has released complete data on the curtailment history across its network Sotiris Georgiopoulos #renewableenergy #UKPN #energymarket #UKenergy #energycosts

Octopus Energy and National Grid partner to speed up small-scale renewables in the UK. The Microgeneration Certification Scheme (MCS) recently confirmed that 2023 was a record-breaking year for small-scale renewable installations in the UK. Installations in England were up 32% year-on-year. Rates also accelerated significantly in Wales, where almost 9% of homes now have one or more technologies installed. https://lnkd.in/dAij6UqN #energy #utilities #greenenergy #smallscalerenewables #microgeneration

ReNew has signed five PPAs involving 2.2 GW of renewable energy capacity in India. “We are thrilled to announce the signing of these significant PPAs,” said Sumant Sinha, Founder, Chairman and CEO, ReNew. “This achievement reflects our unwavering commitment to India’s renewable energy goals and strengthens our position as a leading green energy provider. These agreements, with a strong counterparty profile, will not only contribute to a cleaner future but also deliver long-term financial benefits for ReNew and its shareholders.” ReNew signed three solar PPAs totaling 800 MW with NTPC Limited, Damodar Valley Corporation (DVC), and Solar Energy Corporation of India Limited (SECI) at a weighted average tariff of INR 2.59 per kWh. ReNew also penned a c.1 GW Firm and Dispatchable Renewable Energy (FDRE) PPA was signed with SJVN LIMITED, at a tariff of INR 4.39 per kWh, in addition to a 438 MW PPA with a large multinational C&I customer. In addition to the PPAs, ReNew has received Letter of Awards for an additional c.5.8 GW of RE capacity. ReNew’s overall portfolio totals 15.6 GW of renewable energy capacity. ReNew’s latest PPAs will see 1.5 GW of solar and 688 MW of wind projects developed and commissioned over the next 24 months. ReNew’s operational capacity currently stands at approximately 9.5 GW. #cleanenergy

UK companies TagEnergy and Harmony Energy have successfully energised the 49 MW / 98 MWh Jamesfield battery energy storage system (BESS) near Abernethy, Scotland. The Jamesfield BESS features 2-hour duration Tesla Megapack lithium-ion batteries, together with Tesla’s Autobidder AI software for real-time trading and control, with RES in place as the asset manager.  The two companies brought the Jamesfield BESS online as a joint venture after TagEnergy acquired a 60% stake in the project in November 2021. Santander UK underpinned the BESS project with £12.5 million in funding. “This is another important marker for TagEnergy in the UK and beyond as we leverage our substantial storage expertise to help stabilise the grid and make a meaningful difference to the planet by relentlessly pursuing a renewables-led energy future,” said TagEnergy CEO Franck Woitiez. “We are proud to have delivered another vital project, this time with our valued partner Harmony Energy, that will enable more people to connect to more competitive renewable power. “Our three completed projects, together with the more than 200 MW of BESS under construction in the UK, is testament both to our commitment and the success of our approach. We look forward to bringing more projects online as we focus on helping the UK move closer towards net zero carbon emissions.” TagEnergy’s three operational BESS projects comprise the Hawkers Hill Energy Park, the Chapel Farm project, and the Jamesfield facility. “The completion of the Jamesfield BESS is another significant milestone for our valued partnership with TagEnergy, following the success of our other joint venture site, Chapel Farm,” commented Harmony Energy CEO Peter Kavanagh. “Battery energy storage systems are vital for unlocking the full potential of renewable energy in the UK. They play a pivotal role in advancing the Net Zero transition through the reduction of Co2 emissions, and are crucial for securing the future stability of the UK’s energy supply and reducing dependence on foreign gas imports.” #cleanenergy

GridBeyond is set to deliver Battery Energy Storage System (BESS) solutions to Keppel DC Dublin 1 and 2, situated in City West and Ballycoolin, Ireland, respectively. The data centres are owned by Keppel DC REIT , a Singapore-listed data centre real estate investment trust. The BESS installations aim to enhance the power system’s flexible capacity, facilitating the integration of renewable energy sources and supporting the grid during peak stress periods. This initiative will contribute an additional 8 MW of flexible capacity ahead of the winter peak demand. “This project shows how data centres can play a bigger role in the energy transition,” said Denver Blemings, GridBeyond Regional Director for Ireland. “It’s great to see companies, like Keppel DC REIT, use demand response programmes to support the grid and use renewable energies in the delivery of their activities.” The two BESS projects comprise a 2 x 2MW/2.2MWh battery at the Citywest site and a 4MW/6.1MWh battery at the Ballycoolin site. GridBeyond will oversee the flexibility management of these sites through its AI-powered energy technology platform, GridBeyond Point. Gary Watson, Country Manager (Ireland) of Keppel DC REIT, added: “Leveraging this partnership with GridBeyond, Keppel DC REIT’s is able to take another step towards our 2030 net zero targets. “We will also explore other ways to increase the use of renewable energy, such as installing on-site solar, to bolster our efforts to decarbonise our operations.” #cleanenergy

European Energy has signed several long-term PPAs with Microsoft for the clean electricity generated by the company’s portfolio of wind and solar projects in Sweden and Denmark. “We are excited that Microsoft has committed itself to driving forward the green transition,” said Jens-Peter Zink, Deputy CEO of European Energy. “The roll-out of renewable power is dependent on major stakeholders dedicating themselves to buying the renewable electricity that is being produced from these assets, which require substantial capital investments." “At Microsoft, we are committed to playing our part in supporting the decarbonisation of energy grids in markets in which we operate,” commented Adrian Anderson, General Manager of Renewables, Carbon Free Energy, and Carbon Dioxide Removal (CDR). "We’re pleased the projects we contracted with European Energy have achieved commercial operation – directly contributing to our sustainability goals which includes a 100% renewable energy coverage for the company’s operations by the end of 2025. “Having reliable partners who can deliver is critical for achieving our carbon negative goals.” Under the agreement, European Energy will supply over 3.6 TWh over the contract period, which will support Microsoft’s plans to power its 100% of its operations with renewables by 2025 and to be carbon negative by 2030. European Energy’s aforementioned renewables portfolio has a combined capacity of 180.6 MW and includes the region’s first utility-scale hybrid wind and solar project. #cleanenergy

ABO Wind becomes ABO Energy. Leading international renewable energy developer ABO Wind has rebranded in Northern Ireland to become ABO Energy. The company is leading NI's shift away from fossil fuels, having achieved planning approval for 375MW of renewable electricity generation and storage. Initially set up to develop onshore wind farms, the company’s focus has expanded, and its expertise has grown to include battery energy storage, solar PV and hydrogen production. Commenting on the rebrand, Patricia McGrath (MIPI), ABO Energy’s Head of Development in Northern Ireland said: “The name ABO Energy much better reflects the breadth of skills and expertise we now have. "The rebrand does not involve a change in company ownership, and our ethos remains unchanged. Everyone who deals with ABO Energy will see the same ambition, professionalism and respect they are used to from our team. “In addition to our already consented schemes, under the ABO Energy banner we are progressing a pipeline of new projects totalling over 300 MW and we expect that to grow further in the coming months. “There is a lot of work to do if we are to achieve the 2030 target of 80%; but at ABO Energy we are more than up for the challenge.” #ClimateChange #RenewableEnergy #SustainableInvestment

The Australian Energy Market Operator’s (AEMO) Draft 2024 Integrated System Plan (ISP) forecasts DER to reach approximately 120 GW by 2050 across rooftop solar and storage. This means Distributed energy resources (DER) will be the largest source of capacity – more than utility scale solar, utility scale wind and dwarfing most other sources of electricity capacity. DER already generate nearly 10% of Australia’s electricity. As that percentage grows, DER must be orchestrated to reduce costs and grid impacts. Action by energy suppliers and regulators could build trust, shared understanding and consumer confidence. #EY #RenewableEnergy #EnergyTransition #BESS #EVs #V2G #VPP

The latest Scottish Government statistics have brought positive news for the renewable energy sector, with figures showing that renewable energy technologies generated the equivalent of 113% of Scotland's overall electricity consumption in 2022. The data reinforces the potential for continued growth and investment in the renewable energy sector, offering exciting opportunities for companies and professionals in the clean energy space. #RenewableEnergyUK #solarPV #BESS #onshorewind #CleanEnergy

Still a difficult climate for renewables in Australia, money is following storage projects — around $1bn — but investment in 6 to 7GWh of large scale generation needs to reach FID this year alone to keep pace with the Federal Government’s 82% renewable target by 2030. High interest rates and financing costs, growing frustrations about drawn out environmental approval processes, and botched long-term planning for transmission are holding renewables back, and there are no easy or quick solution to these issues. The hope now is that the revamped Capacity Investment Scheme now underway that expands government guarantees on project revenues will unlock new growth. #EnergyTransituon.