To implement the European Hydrogen Strategy it is important to understand whether the transport of hydrogen is cost effective, or whether hydrogen should be produced where it is used. If transporting hydrogen makes sense, a second open question is how long the transport route should be for the cost of the hydrogen to still be competitive with locally produced hydrogen.
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Zenobē Energy, a British company that specialises in energy storage, has started building a 1 GW storage facility in Scotland that will require approximately $886.5 million total investment. Blackhillock, Kilmarnock South, and Eccles will be the sites of the three utility-scale battery storage assets.
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ABP, a Dutch pension fund, created the Noordzeker partnership to invest in large-scale wind energy in the North Sea. The group will use the funds to submit bids for major wind farm construction projects in the North Sea. Additionally, it stated that IJmuiden Ver will be the first offshore wind farm for which Noordzeker will issue a tender.
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Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA, has signed a NOK 120 million contract with a high-quality North European energy company for alkaline electrolyser equipment.
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The State of Washington’s 2021 State Energy Strategy (SES) provides a roadmap for Washington to meet its critical and ambitious energy and climate goals: transitioning to 100 percent clean electricity by 2045 and reducing greenhouse gas emissions in accordance with climate science. The SES was notable for the State Energy Office’s efforts to combine extensive stakeholder and technical input with detailed modeling, and to identify actions in every major sector of the state’s economy.
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Russia’s invasion of Ukraine in February 2022 has had a profound effect on global energy markets. Price volatility, supply shortages, security issues and economic uncertainty have contributed to what the International Energy Agency (IEA) is calling “the first truly global energy crisis, with impacts that will be felt for years to come”. As ever, poorer countries — many still recovering from the effects of the global pandemic — will bear the brunt of the negative consequences of the energy crisis.
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A number of developments over the past several months indicate the strengthening of cross-border electricity trade (CBET) in South Asia, with India playing a pivotal role in it. CBET in South Asia is mostly being undertaken through the bilateral route and the share of the power exchanges is gradually inching up. CBET is crucial from the viewpoint of energy security in the South Asian region, especially in light of the current geopolitical scenario.
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Siemens Gamesa, a German producer of wind turbines, has been contracted to provide OX2 with 11 of its SG 6.6-170 turbines for the Riberget wind project in Sweden. At the 70 MW wind project, which is situated in Sweden’s Ljusdal municipality, the onshore wind turbines will be installed.
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Opdenergy, a Spanish renewable energy company, has received a 100 per cent favourable Environmental Impact Permit for 1.14 GW of capacity in Spain. Of the total capacity, 902 MW is currently in the construction phase while 244 MW is being prepared for construction.
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BlueFloat Energy, Energy Estate, and Elemental Group have announced a ‘multi-billion-dollar’ investment proposal for offshore wind projects in New Zealand.
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The report aims to guide corporates in choosing impactful ways to procure clean electricity. It also highlights the roles of policy makers, regulators, system operators and network owners and operators in increasing the availability and impact of corporate procurement options. The final chapter offers targeted recommendations for different stakeholder groups.
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RWE, a German energy company has won the tender to build the 700 MW Hollandse Kust West (HKW) VII project in the North Sea. The 700 MW HKW VII is one of the two designated sites in the 1.4 GW HKW offshore wind farm zone, and it is situated about 53 km off the Dutch coast.
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CCE Group GmbH, often known as Clean Capital Energy, is an Australian solar developer intending to increase its Netherlands portfolio to more than 100 MW.
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Fortescue Future Industries (FFI) and Windlab Pty Ltd in Australia have teamed forces to build a renewable energy “super hub” in Queensland with more than 10 GW of wind and solar power capacity to enable industrial-scale green hydrogen manufacturing.
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Equinor and Offshore Renewable Energy (ORE) Catapult have partnered to address some of the most significant issues confronting the UK’s offshore renewables industry. The new partnership will build on the two organisations’ previous collaborations.
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Erisha E-Mobility, a Rana Group e-mobility entity has entered the green hydrogen segment in a joint venture with Germany’s Greenbox Global Holding. Greenbox provides decentralised scalable green hydrogen plant implementation.
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DIF Capital Partners, a Dutch investment management company, has agreed to pay €150 million for the majority of the shares of Swedish solar company Alight. The investment company will acquire the stake by acquiring a number of existing shareholders in a secondary buyout.
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The report reviews the progress made in harnessing renewable energy and energy efficiency in 17 member countries of the United Nations Economic Commission for Europe (UNECE) as well as Kosovo. The report serves as an update to the previous edition released in 2017 and presents the most upto-date data and analysis on the policy landscape, market developments, and investment in renewables and efficiency in the region.
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Masdar, along with its Dutch joint venture company Infinity Power and Hassan Allam Utilities, has signed a memorandum of understanding (MOU) with Egypt’s Ministry of Electricity and Renewable Energy to construct a 10 GW onshore wind project in Egypt. The project will be able to generate 47,790 GWh of clean energy annually as part of the country’s Green Corridor strategy, displacing 23.8 million tonnes of carbon emissions.
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Hydro Rein, a provider of renewable energy solutions, and Commerz Real have decided to establish a joint venture with equal ownership in order to acquire and develop two early-phase solar projects in Jylland, Denmark, with a combined capacity of 362 MW. For an undisclosed sum, the projects will be purchased from Danish developer GreenGo Energy.
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