Headline News:
- “A €100 Billion Queue: Why Europeans Wait Years For Clean Energy” • Over €100 billion of renewables are stuck in Europe, as communities across the continent wait years for solar panels and heat pumps. A report found that 375 GW of clean energy projects and 455 GW of battery storage projects are trapped in distribution grid queues. [Euronews]
Wind turbine (Wolfgang Weiser, Unsplash)
- “Electricity Prices Fall Across Australia As Renewables Build Momentum” • As bulk power costs decline in Australia’s eastern states due to high renewable energy inputs, the price reductions are finally reaching the household and small business consumer. More than 400,000 small-scale storage systems have a stabilizing influence on the grid. [CleanTechnica]
- “Australia’s First 8-Hour Battery Gets Go-Ahead As 144 Tesla Megapacks Prepare To Transform The Grid” • Australia’s first eight-hour battery energy storage system has cleared a major hurdle. The project pairs 144 Tesla Megapacks with an existing solar farm in New South Wales, aiming to help keep electricity flowing long after sundown. [The Cool Down]
- “Turning Point For Power Market As Storage Is No Longer Optional” • Battery storage is becoming conventional and a critical element of the electricity system, according to a panel held at Belgrade Energy Forum. Countries in Southeastern Europe must show clarity and enable operators to participate in multiple markets. [Balkan Green Energy News]
- “Court Dismisses GE Vineyard Appeal” • A Massachusetts judge has rejected GE Vernova’s request to throw out a previous order requiring it to continue working on CIP-Iberdrola’s 806-MW Vineyard Wind 1 array off the coast of Massachusetts. Turbine supplier GE Vernova is required to continue maintaining and servicing the project. [reNews]
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