PJ Farrenkopf’s Post

𝗛𝗼𝘄 𝗰𝗮𝗻 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗣𝗼𝘄𝗲𝗿 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲 𝗔𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁𝘀 𝗿𝗲𝘃𝗶𝘁𝗮𝗹𝗶𝘇𝗲 𝘁𝗵𝗲 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗲𝗹𝗲𝗰𝘁𝗿𝗶𝗰𝗶𝘁𝘆 𝗺𝗮𝗿𝗸𝗲𝘁? illuminem Voice, Jean-Baptiste Vaujour, an energy economist and professor, explores how Corporate Power Purchase Agreements (CPPAs) are pivotal for the EU's electricity market reform. By offering long-term contracts between power producers and corporate consumers, CPPAs help stabilize prices and support renewable energy financing despite their complexity. 𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁𝘀: 📉 Mitigate market and volume risks 📊 Stabilize electricity prices 🌿 Support renewable energy financing 📈 Overcome traditional market limitations Read the full article: https://lnkd.in/ek5tkD8f Stay informed with our newsletter: https://lnkd.in/dTdMp9j #Sustainability #Energy #RenewableEnergy #ElectricityMarket #CPPAs #JeanBaptisteVaujour

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

A key to the energy transition is supporting customers to transition assets to using electricity from renewable energy sources. In support of this goal, we are pleased to announce our gold sponsorship for the Australian Alliance for Energy Productivity (A2EP) 2024 Renewable Heat Conference. This year’s event focuses on practical solutions for the industrial sector, featuring case studies and insights from businesses already transitioning to renewable heating solutions. For more information on electrification for commercial and industrial businesses: https://bit.ly/4dt1E6r For further information about the conference: https://bit.ly/3yrbTt1 #renewableenergy #electrification #industy

It has been an important news week for CRRC’s renewable business Zhuzhou CRRC Times Electric Co., Ltd.: 🎉 Now a BNEF Tier 1 supplier for inverters and energy storage systems 🏆 Ranked 3rd largest PV inverter company within China’s domestic market. 19 GW deployed for 2023 with 190 GW forward order 🍰 Energy storage systems within China’s domestic market at 3 GWh deployed for 2023 with 11 GWh forward order The survey below is particularly interesting. 59% reflecting my own “never heard of” experience of introducing CRRC within Australia. CRRC Times Electric Australia Pty Ltd (CTEA) is looking forward to helping bring that number down to zero! Of those surveyed that know CRRC, 90% consider it bankable [=37/(37+4)]. The best result on the list. Truly astounding when you consider the scale of products developed and deployed at this staggering pace.

A really important topic for our Industrial and Chemical Sector clients - with recent cost rises in energy costs this is a crucial area for competitiveness and security for their businesses. Well worth following this series

PPAs are increasingly important and prevalent - join our 30 minute webinar to explore key trends and challenges...

Curious about the future of energy storage? Explore seven solutions powering the future. As renewable energy grows in importance, effective energy storage systems (ESS) are vital to managing the intermittent nature of wind and solar power. From small-scale residential setups to massive industrial grids, those technologies enable a more reliable and sustainable power supply. See the top seven solutions driving the future of energy storage. ⬇️ https://ow.ly/4ErW50TJs2L #EnergyStorage #RenewableEnergy #EnergyInnovation #EOGmagazine

Zhuzhou CRRC Times Electric is expanding its presence in the diverse inverter market. According to the BNEF survey, the bankability of our company stands at 37%, with only 4% categorized as non-bankable and 59% marked as unknown. What the survey doesn't explicitly mention is the crucial role played by CRRC's Semiconductor division and its IGBT modules in the manufacturing of inverters. Despite launching our international efforts just a few years ago, we have already achieved a 37% bankability rating. This success leaves ample room for further growth, especially considering that our inverters are versatile and suitable for both PV and Wind project solutions. #CRRC #pvsolar #pvmodule #windturbine #windenergy #CRRCTEC #renewableenergy

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

In the first quarter of 2024, the clean energy industry installed 5.6 GW of new capacity, underscoring the accelerating momentum of renewable energy across the nation. Read more in American Clean Power Association (ACP)’s Q1 #CleanPowerQuarterly Report: https://bit.ly/4by9NWk