Algirdas Dučinskas’ Post

Australia’s Energy System needs 10,000 kms of new trasmission lines The Australian Energy Market Operator (AEMO) has calculated that ten thousands of additional transmission lines are required to support the country’s ambitions to produce all of its electricity with renewable sources by 2050. Imagine more than two times the width of the Australian continent to finally sustain a concrete energy transition, and by far the biggest transformation of the National Electricity Market (NEM) since it was formed 25 years ago. #Webuild Interesting article... https://lnkd.in/dVdAK82d

Battery energy storage systems (BESS) play a crucial role in improving global energy systems by enhancing grid reliability and flexibility in handling renewable energy intermittency. However, uncertainty regarding the profitability of these systems in Europe hinders widespread adoption, according to recent research by Rystad Energy. Our 2023 analysis of day-ahead power prices identifies Bulgaria (BG), Italy (NORD) and Hungary (HU) as having the highest profit potential for BESS energy arbitrage, while Nordic power markets, specifically Sweden (SE1), Norway (NO1), and Finland (FI), exhibit the lowest profit potential due to their comparatively modest peak prices. https://lnkd.in/d73EThCc #batterystorage #rystadenergy

Today, May 9, we held our webinar on the evolution and prospects of European energy markets, low prices, zero prices and negative prices in the European #ElectricityMarkets and their impact on the viability of renewable energy projects in the long term. We also analysed the vision of the future of the energy sector and the #EnergyTransition vectors, such as #renewable energy, #ElectricityDemand, #EnergyStorage, #GreenHydrogen, transmission and distribution grids and #InternationalInterconnections.   https://lnkd.in/g-5gxE2P

Battery Energy Storage Systems (BESS) are a key component in the electrification of communities, enabling energy from renewable sources like solar and wind to be stored and then released when power is needed. Principal Ethan Brush's article, “Don’t Let Noise Be a Drain on BESS Developments,” published in Energy Storage News this month, discusses a surprising by-product of BESS technology – NOISE – along with mitigation strategies for developers. Read the article here - https://lnkd.in/eE7tBBZv #RenewableEnergy #BatteryEnergyStorage #BESS #NoiseControl

Australia’s Energy System needs 10,000 kms of new trasmission lines The Australian Energy Market Operator (AEMO) has calculated that ten thousands of additional transmission lines are required to support the country’s ambitions to produce all of its electricity with renewable sources by 2050. Imagine more than two times the width of the Australian continent to finally sustain a concrete energy transition, and by far the biggest transformation of the National Electricity Market (NEM) since it was formed 25 years ago. #Webuild https://lnkd.in/d5VpZsRA

Australia’s Energy System needs 10,000 kms of new trasmission lines The Australian Energy Market Operator (AEMO) has calculated that ten thousands of additional transmission lines are required to support the country’s ambitions to produce all of its electricity with renewable sources by 2050. Imagine more than two times the width of the Australian continent to finally sustain a concrete energy transition, and by far the biggest transformation of the National Electricity Market (NEM) since it was formed 25 years ago. #Webuild https://lnkd.in/d-YhRNHe

News: Corre Energy becomes largest energy storage developer in Europe It’s official, we are now the largest developer of energy storage in Europe following the publication of an EU-wide plan. With 100 GWh of Compressed Air Energy Storage (CAES) under development, our projects now represent c20% of the total capacity of planned large-scale energy storage projects in Europe over the next 10 years. Our CEO, Keith Mcgrane, commented: “Corre Energy is now proudly and officially the largest energy storage developer in Europe. With the latest addition of our project in Germany, the EU-wide plan shows the close convergence of our pipeline with the ramping up of Europe’s energy transition. The EU needs to cut emissions by 2040 and only critical projects like ours will help to turn goals into reality.” Read more here 👉 https://lnkd.in/gwvyvY8n Interested in investing? Learn more here 👉https://lnkd.in/gUvHc9_j #EU #European #Energy #Storage #Renewables

With research suggesting that new energy storage capacity could lead to savings of up to £24 billion for the UK’s energy system, the Government has announced a new consultation aimed at promoting investment into long duration energy storage (LDES). LDES technologies are likely to play a crucial role in the UK’s transition to net zero, providing the grid with flexibility to support the integration of more renewable energy into the power mix. To learn more about the Government’s consultation, or to find out how you can have your say, read our latest edition of Bryt Insight here: https://ow.ly/rI4g50QFwFR #BrytInsight #LDES #EnergyStorage #NetZero #EnergyTransition #RenewableEnergy

As our aging grid struggles with a $1.5 trillion modernization gap, reliable energy storage becomes central to integrating renewables. Jabil's Bill Mitchell joins #ees Europe next week to explore how storage is the key to electrification and why collaboration between system designers, providers, and regulators is imperative to power future demand and deployment needs.

📣 Check out Canary Media's Chart of the Week. It shows that nearly all new US power plants built in 2024 will be clean energy. 🌞 Solar energy is leading the charge, accounting for 58% of all new utility-scale generating capacity. 🔋 Hot on its heels, battery storage emerges as a powerhouse, securing 23% of the new capacity. This massive pivot towards renewable sources is fueled by the dramatic cost reductions over the last decade and the substantial incentives introduced by the 2022 Inflation Reduction Act. #solar #solarenergy #solarpower https://lnkd.in/exAKYJXb