Day: February 4, 2019
EPM to raise US$1.4 billion from asset sales to remain solvent after 2.4-GW Ituango hydro crisis
Empresas Publicas de Medellin in Colombia has announced it plans to raise up to US$1.4 billion from asset sales in a bid to remain solvent in the wake of the crisis at the 2.4-GW Ituango hydro facility.
The Future of Energy Infrastructure in Africa
Utility experts flocked to Johannesburg last month and talked how the skies the limit for the future opportunities and challenges of grid expansion and modernization in Africa.
There's a Hidden Battery Play in the ‘Extremes’ of Power Prices
There’s an energy-storage opportunity hidden in plain sight -- and it has little to do with electric vehicles. As batteries go mainstream, the “deepest potential” for them is likely to be in arbitrage, according to a Bloomberg NEF report Tuesday.
Gas 'Peakers' Seeing New Life as Temps Increase and Renewables Fluctuate
Europe’s heat wave is hastening the rise of the “peaker,” a natural gas-fired power plant that can switch on and off quickly and runs only when there’s high demand.
Vattenfall Places First Turbine in New Wind Power Farm off Danish Coast
The wind farm will increase Danish annual electricity production from wind by about 12 percent.
Bids Compete for Saudi 400 MW Windfarm
Saudi Arabia today opened final bidding for its first utility-scale windfarm.
Report Forecasts 12 GW a Year of Windpower in Asia Pacific
Annual wind power capacity in the Asia Pacific (excluding China) will reach a peak of 12.1 GW by 2022.
Launch of Belgium’s Largest Onsite Energy Storage Battery
The largest energy storage battery of its kind in Belgium has been commissioned at a print binding works in Puurs.
Global Investments in Electricity Beat Investments in Oil and Gas for Second Year in a Row
IEA report reveals that more than US $750 billion went to the electricity sector while US $715 billion was spent on oil and gas supply globally as the world continues on the path to electrification.
New York Begins Wave toward 2,400 MW of Offshore Wind
The state’s Energy Research & Development Authority (NYSERDA) will procure approximately 800 MW of offshore wind through a solicitation in the fourth quarter this year.