MPS (Modern Power Systems)’s Post

Fresh insights from SolarPower Europe! 🔋 The European Market Outlook for Battery Storage 2024-2028 is here, showcasing the pivotal role of Battery Energy Storage Systems (BESS) in our clean energy future. With renewables now powering over 40% of the EU’s electricity consumption, BESS is essential for ensuring energy security and advancing the energy transition. Curious to take a quick overview? 📊 Check out the slideshow below! #RenewableEnergy #EnergyTransition #DetraSolar #BESS

Hear from SMA's @Friedrich Piontek-Helms, Head of Business Development, at the #EnergyStorageSummit as he addresses the #solarstorage topic of the moment: Grid-Forming – The Keystone of Transition to Renewables. ⚡ Discuss the vital role of grid-forming technologies in facilitating the shift to renewable energy. ☀ Explore their significance in integrating renewables into existing grids 🌍 Address challenges and opportunities for a sustainable future 💰 Save 20% with our discount code - ESD20 Register to join the conversation and meet the SMA team today 👉 https://bit.ly/3SrH3GR #solarstorage #powerfulperspectives #netzero Find out more about SMA's grid-forming solutions here: https://bit.ly/47Lxhor

According to the Clean Energy Council, big batteries boomed in 2023, with twenty-seven large-scale batteries under construction at the end of the year. At the upcoming Energy Storage Summit in May, our own Carlos Trench will share his insights into private sector investment into energy storage and how this impacts Australia’s commitment to tripling its #renewable energy capacity by 2030. #storagesummit #EnergyStorage #EES Energy Storage

Read our last annual report as the Electricity System Operator (ESO), before we become the National Energy System Operator (NESO), for an overview of our record breaking year as we achieved major steps towards operating a net zero electricity system. See the progress we've made in revolutionising the connections process, transforming the system to increase the use of renewables, setting world leading generation records, and outlining a blueprint for the future of decarbonisation. Find out more: https://bit.ly/3WIcTT8

🚀 The Energy Storage Global Conference 2024 is officially starting today! This Tuesday, 15 October, kicks off three exciting days of discussions on the future of energy storage, with today’s focus on Policy. Don't miss the discussions on these topics: 🔋 Energy storage and support schemes 🔋 Flexibility assessment in the EU 🔋 Curtailing renewables: congestion, local markets, and the way forward 🔋 Energy storage as a transmission and distribution asset Register now and watch online 👉 www.esgc.org #ESGC2024 #EnergyStorage #EUFlexibility #EnergyPolicy #RenewableEnergy

As we embrace more renewable energy sources like wind and solar, we're now facing a critical question: How do we safely and effectively store this energy? Renewables are becoming cheaper and more efficient to harness, but we can’t control when the sun shines or the wind blows. That's where battery energy storage systems (BESS) come in. By leveraging advanced safety features, BESS offer secure, stable energy solutions to supply that extra power when we need it most. Learn more about this important technology in our new video! https://hubs.ly/Q02Tt6Y10 #EnergyStorage #BESS #BatterySafety #CleanEnergy #SafetyFirst

Renewable power generation capacity is experiencing unprecedented growth globally, marking the fastest expansion in three decades, as reported by the International Energy Agency (IEA). https://buff.ly/3wUu9Kk #RenewableEnergy #CleanEnergy #EnergyTransition

Germanys Energy Strategy: #Gas-fired #Power Plant Acceleration, Hydrogen Conversion, and #Industrial Emissions Reduction In a bid to bolster its energy security and transition towards cleaner energy sources, Germany's ruling #coalition has announced plans to expedite the construction of new gasfired power plants, intending to eventually convert them to run on #hydrogen by the midto-late 2030s. The move comes as Germany aims to phase out coal-fired power generation and increase the share of #renewable energy in its power mix, aiming for 80 percent by 2030. Discover more at www.energyHQ.world

🚨 The Energy Storage Coalition is calling on the European Commission to #ActOnEnergyStorage! ⚡     As Europe enters a crucial five-year term, we need a bold Action Plan on Energy Storage to power the energy transition, boost global #competitiveness, and fast-track the road to #NetZero 🌍🔋    With #solar and other renewables on the rise, energy storage is the missing link to fully unlock their potential. 🌞    Here are the 5 key 🔑 elements for a successful plan:  ➡️ Provide dedicated incentives for energy storage  ➡️ Harmonise #permitting & grid connection rules  ➡️ Establish a fair framework for network charges  ➡️ Prioritise energy storage in capacity markets & launch dedicated for energy storage and #flexibility solutions  ➡️ Monitor growth in National Energy & Climate Plans #NECPS     Join the call for action here 👉 https://lnkd.in/eVZ93rgJ    #LetsFlex 

"Due to the intermittency of power supply either from the grid (in climes where this is still encountered) or increased penetration of renewables, most energy consumers do not get all their energy from a single source but from multiple sources." Our latest blog post breaks down the Levelized Cost Of Electricity or Energy (LCOE). A crucial concept showing that energy consumers can strategically and operationally leverage it to ensure that they are on the least-cost frontier of their total costs, to allow them to maximise their productivity with the most affordable energy practically attainable. Read here: https://bit.ly/3VCxA0X