Bigger, longer-duration projects and more sophisticated deal structuring are driving the energy storage industry forward, but a lack of common approaches from transmission system operators (TSOs) remains a challenge.
Germanyβs four transmission system operators (TSOs) have begun procuring inertia services to help stabilise the electric grid as shares of renewable energy grow.
Even demand in advanced economies is rising again after years of declines, with rapid growth of electricity worldwide driving up consumption of renewables, gas, coal and nuclear Global energy demand grew at a faster-than-average pace in 2024 as the consumption of electricity rose around the world β with increased supply of renewables and natural gas β¦ Continue reading IEA-Growth in global energy demand surged in 2024 to almost twice its recent averageβ
RWE can look back on a successful 2024 fiscal year. Group earnings exceeded expectations, with adjusted EBITDA of β¬5.7Β billion and adjusted net income of β¬2.3Β billion. The company continued to expand its portfolio, investing a total of β¬10Β billion net in offshore and onshore wind farms, solar farms, battery storage systems and electrolysers. New plants with a β¦ Continue reading RWE achieves strong earnings in 2024 and invests heavily in expanding its renewables portfolioβ
The innovative hybrid multi-technology project will deliver 24/7 clean energy generation, with wind, solar and battery storage technology ensuring firm generation during peak morning and evening demand hours in Maharashtra, India. Zelestra will begin work this year on approximately 250 MWdc solar, 180 MW wind power and a 90 MWh battery energy storage system (BESS) β¦ Continue reading Zelestra Signs Contract with SJVN to Supply Wind and PV Power in India with Battery Storageβ
Exploring Europeβs energy storage gigawatt-scale revolution, and the hydrogen roadmap to 2030 and beyond. The decarbonisation of Europeβs energy offers vast opportunities, yet also comes with significant challenges, particularly around renewable power and the integration of new wind and solar supply in systems. As renewables are rolled out, system flexibility and electricity demand have struggled β¦ Continue reading European power in 2025: the pace, opportunities and challenges of the transitionβ