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European energy strategy must reconcile the need for flexibility

European energy strategy must reconcile the need for flexibility

Over the last 12 months, we have witnessed an unprecedented crisis in the European energy markets. This was caused, among others,…

India’s Union Budget ‘should include tax breaks for energy storage’

India’s Union Budget ‘should include tax breaks for energy storage’

India’s upcoming Union Budget should include tax-based incentives for energy storage, the India Energy Storage Alliance (IESA) has…

UK gas power plant site to be retooled as low-carbon hub by owner Centrica

UK gas power plant site to be retooled as low-carbon hub by owner Centrica

Centrica is set to repurpose a former gas-fired power plant in the UK to include a 28MW battery storage system and the potential t…

First pumped hydro energy storage unit in Estonia given green light for construction

First pumped hydro energy storage unit in Estonia given green light for construction

Construction on a 550MW/6GWh pumped hydro energy storage project in Estonia will begin in summer 2024 after it was given the green…

Slovakia’s Fuergy raises €16 million private equity to expand energy-as-a-service model

Slovakia’s Fuergy raises €16 million private equity to expand energy-as-a-service model

Fuergy, a Slovakia-based company providing energy storage and management solutions, has raised €16 million (US$17.4 million) from…

EU Electricity Market Design ‘needs to value energy storage and other flexibility options’

EU Electricity Market Design ‘needs to value energy storage and other flexibility options’

EU reforms of electricity market should recognise value of flexibility options like energy storage, according to representatives o…

Labour’s Rachel Reeves aiming to be ‘Britain’s first green chancellor’

Labour’s Rachel Reeves aiming to be ‘Britain’s first green chancellor’

Rachel Reeves has said she wants to be “Britain’s first green chancellor” ahead of a speech in which she will call on ministers to…

Iron flow, sodium-sulfur battery technologies at airport and space station energy storage projects

Iron flow, sodium-sulfur battery technologies at airport and space station energy storage projects

Ground operations for the aviation and space exploration sectors will be powered with the help of non-lithium battery technologies…

SolarEdge and Leclanché hit NMC battery cell production landmarks

SolarEdge and Leclanché hit NMC battery cell production landmarks

In a double-whammy of NMC battery news, SolarEdge has started shipping cells from its new South Korea gigafactory while Leclanché…

Weekend read: Is EU doing enough?

Weekend read: Is EU doing enough?

The European Union has set ambitious targets for solar PV expansion but is Brussels designing the right policies to support growth…

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Event calendar

9th International LNG Congress (LNGCON 2023)

06. 03. 2023 - 07. 03. 2023
Dusseldorf, Germany
The International LNG Congress is the annual closed-door event which creates a special networking and accumulating industry knowledge platform for its...

Hydrogen Days 2023

29. 03. 2023 09:00 - 31. 03. 2023 14:00
Praha, City Conference Center

GREENPOWER 2023 - Poznaň

16. 05. 2023 09:00 - 18. 05. 2023 18:00
Poznaň
Veletrh Greenpower se věnuje oblasti obnovitelných zdrojů energie. Je to skvělá příležitost dozvědět se o trendech na trhu, vyměnit si praktické pozna...

Commodity data

Electricity

Base
133.73
47.98 %
Peak
164.29
51.94 %
OffPeak
103.17
42.09 %
Base
151.74
3.32 %
Peak
170.83
5.54 %
OffPeak
132.65
0.61 %
Base
31.45
-1.59 %
Peak
33.09
-8.34 %
OffPeak
29.82
7.15 %
Base
151.99
2.71 %
Peak
169
-3.67 %
OffPeak
134.98
11.99 %
Base
152.26
-1.84 %
Peak
170.23
-6.91 %
OffPeak
134.29
5.44 %
Base
143.53
-3.01 %
Peak
167.97
-5.2 %
OffPeak
119.08
0.26 %
Base
577.93
19.98 %
Peak
628.47
19.79 %
OffPeak
495.92
18.3 %
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Energy news

Utility Verbund targets 1GW of battery storage by 2030 as it cuts ribbon on Germany project

Austria-based utility Verbund is targeting 1GW of battery storage by 2030, it revealed in a ribbon-cutting ceremony for a recent p…

800MWh of utility-scale energy storage capacity added in the UK during 2022

The UK battery energy storage market has been consistently strong since 2017, with a trend towards increasing average project size…

Lunar Energy managing Sunrun’s VPPs across the US and plans to launch own battery product

Sunrun has appointed investee Lunar Energy to manage its home battery virtual power plant (VPP) network in the US, with Lunar plan…

Li-Cycle Q4 revenues fell 32% on low metals prices; Rochester hub on track

Lithium-ion battery recycler Li-Cycle saw revenues fall 32% in its fourth quarter due to a fall in metals prices, while its Roches…

Energy storage is ‘growth engine’ behind NHOA exceeding FY revenue guidance

Energy storage and electric mobility solutions provider New HOrizons Ahead (NHOA) has increased its revenues from energy storage t…

Energy news

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