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Queensland government-owned service provider, Powerlink operates the state’s primary electricity network, managing 1700 km of high-voltage transmission lines and substations to serve five million Queenslanders and 238,000 businesses. The cornerstone of the QLD government’s $62 billion plans is SuperGrid, which aims to deliver 50% renewable energy by 2030, 70% by 2032, and 80% by 2035. These ambitious goals illustrate why Queensland's status as a leading region for renewable energy zones, encouraging investment in solar, wind, battery, and hydrogen projects. It’s encouraging to see significant investment into renewable energy, the digitalisation of state-owned services, and more talent to support Powerlink’s growth. Do you think SuperGrid can achieve 70% renewable energy by 2032? #renewableenergy #sustainability #renewables

ESAI's latest Renewables Watch report on ISO New England Inc. provides an updated Class I REC price and projected supply and demand forecast through 2033. Our Supply updated details Annual Renewable Production from Existing Class I Facilities located in New England. Our Demand update incorporates the energy projections published in ISONE’s 2024 Capacity, Energy, Loads, and Transmission report (CELT Report) issued on May 1. Our policy and project updates includes Vineyard Wind and Ørsted's Revolution Wind projects and a review of the bids submitted into the multi-state #offshorewind solicitation. https://buff.ly/3AUFKIY #renewableenergy #projectfinance

As countries worldwide push for renewable energy at scale one of the main challenges that arise is around integration into the grid and power systems while managing the intermittency. Storage solutions have long been sought out by system operators and utilities to address this challenge albeit with a limit on the duration of that storage (e.g., BESS). Long-Duration Energy Storage solutions (LDES) presents a great opportunity to tackle this challenge and should be considered by system planners, including in our region, as a way to integrate renewables more seamlessly and efficiently. Read more on this in the following report "Unlocking the potential of Long-Duration Energy Storage in the GCC" by my esteemed colleagues Dr. Alessandro Zampieri, Peter Ondko and Ferdinand Varga

Solar and wind go hand in hand 🤝🏽 Until now, SENS has been a valued partner primarily for the development, EPC services and O&M services of individual PV systems. In future, the solar business will be merged with the wind business from the parent company Iqony. ☀🌬 This change is also accompanied by a change of name: in future, the company will operate on the market as Iqony Sustainable Energy Solutions GmbH (Iqony Sens for short). Under the leadership of the two managing directors André Kremer and Joël Wagner, Iqony Sens will realise synergies along the entire value chain of onshore wind and large-scale PV. The new business unit is based on two pillars: IPP (Independent Power Producer) as well as EPC and O&M. We look forward to pursuing this path together with our existing customers, partners and suppliers and to driving the development of renewable energy even further forward. 📈💪🏽 Read our press release here 👉🏽 https://lnkd.in/edcHKdNg #renewableenergy #solarpower #windpower #GoodEnergy

The Global Wind Energy Council (GWEC) Global Wind Report 2024 indicates a record-breaking year for wind energy installations worldwide. With a 50% year-on-year increase in 2023, the report underscores the growing momentum of renewable energy. Wind energy plays a pivotal role in the energy transition and collaboration between industry leaders, government, investors and communities is imperative to maximize development opportunities for renewable energy projects. Read the full report here: https://bit.ly/3vYuXxw #WindEnergy #NetZero #RenewableEnergy

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The energy price cap set by OFGEM is officially dropping to £1,690 per year. The energy mix is becoming increasingly driven by renewable sources as the offshore wind and solar capacity of the UK grows. Companies such as Octopus Energy and Good Energy give the option to have your home powered entirely by renewable energy – an offering that will only increase in the UK. #RenewableEnergy #OffshoreWind #EnergyTransition #CPowerEnergy

Long-Duration Energy Storage (LDES) addresses one of renewable energy’s biggest challenges: long-duration intermittency. With LDES, we can store excess power generated during times of abundance and deploy it when demand outstrips supply for long periods.   This is will be an imperative for energy systems worldwide, especially as energy transition accelerates and intermittent renewables take a major share of power produced. As highlighted in our latest report, for the GCC, with its abundant renewable resources, LDES offers an opportunity to integrate solar and wind energy more effectively, reduce reliance on conventional power sources and take a leadership in the technology development. It was a pleasure to collaborate with @Alessandro Zampieri and @Ferdinand Varga on this report. You can read the full report “Unlocking the Potential of Long-Duration Energy Storage in the GCC” here: https://lnkd.in/dx9wvgQA   #BCGintheMiddleEast #BCGforNetZeroandBeyond #LDES #EnergyStorage  

As Bloomberg reported, EU emissions shrink as renewable ramp up. In 2023, emissions from the power and industrial sectors decreased by 21%, with much of the credit going to the increased renewable energy capacity. Cubenergy, a leading BESS provider, has been aiding the EU's emission reduction. Our BESS product, PowerCombo can integrate directly with renewable energy generation facilities, allowing surplus power generated by renewables to be efficiently stored during periods of low demand and discharged during peak demand hours. Being complied with the UL 9540, IEC 62933, CE and bankability report by DNV, PowerCombo is recognized by customers with its performance, quality and bankability while Cubenergy is recognized as tier 1 energy storage manufacturer according to BloombergNEF Energy Storage Tier 1 List 2Q 2024. #energystorage #renewableenergy #bess

Ventolines is once again present at #RESource2024, Europe’s largest event for corporate renewable energy sourcing.   Ventolines assists project developers in selling their green electricity on the market or through (corporate) PPAs. Additionally, we map out the optimal sourcing opportunities for large consumers of renewable energy. In this way, we help project developers increase their earning potential.   Would you like to learn more about what Ventolines can do for your renewable energy project? Then contact Michel Tellman, our Head of Energy Markets and Power Purchase Agreements. Michel is at #RESource2024 today, among other things to connect large consumers with the renewable electricity to be produced from 2029 by Noordzeker, the future offshore wind farm of SSE Renewables and APG/ABP.   #movingforwardwithrenewableenergy #energymarkets #renewableenergy #energytrading RE-Source Platform