Weekly Petroleum Status Report
The petroleum supply situation in the context of historical information and selected prices. Released after. 10:30 a.m. 1:00 p.m. Highlights. Weekly Petroleum Status Report Highlights. PDF. PDF.
US infrastructure bill: What the energy storage industry thinks about the historic, bipartisan legislation
"The Build Back Better Act rightly recognises energy storage is the critical missing piece to accelerating the clean energy transition by including an ITC for standalone energy storage." "This one tax provision, which includes a direct pay option, will improve grid reliability, reduce emissions, and allow for storage to provide critical grid
Energy storage
Tumble in storage battery costs to boost shift to renewables, says IEA. While renewable energy by itself is already much cheaper than coal and gas-fired plants, weather can interrupt solar and wind power and must be paired with energy storage systems to provide reliable sources of energy.
Geo Energy Latest Announcements (SGX:RE4) | SG investors.io
2 · Geo Energy Company AnnouncementsGEO ENERGY RESOURCES LIMITED Company AnnouncementsSGX Listed Geo Energy (SGX:RE4) Company AnnouncementsRE4.SI Company Announcements. GEO ENERGY RECORDS US$18 MILLION GAIN FROM THE SUCCESSFUL SALE OF RIGHTS. 2024-07-01 18:21Asset
Malaysia lifts renewable energy export ban, move
Malaysia lifts its renewable energy export ban, a move welcomed by Singapore. It also doubled its targeted renewable energy capacity by 2050. "[The introduction of] self-contained systems will see
The role of energy storage in achieving SDG7: An innovation
e, sustainable, and modern energy for all – the aims of the SDG 7. In addition, energy storage is key to increasing renewable energy gen. ration capacity and moving towards 100% renewable energy generation. Fundamentally and rapidly changing how we produce and consume energy, especially for transportati.
The development of China''s new energy storage industry in 2024
It is estimated that by 2025, the cumulative installed capacity of global energy storage will be about 440GW, of which the cumulative installed capacity of new
Energy storage news | Energy Global
Updates and announcements of the latest energy storage news in the renewables market.
Overseas Energy-Storage Projects Could Be the Answer to
Companies can export more products or localize production overseas, according to the document jointly released by the China Energy Research Society and
Make More in America Initiative to Fund Expansion of ESS''s
The latest company information, including net asset values, performance, holding & sectors weighting, changes in voting rights, and directors and dealings. $50
The development of new energy storage is accelerating.
According to the research report released at the "Energy Storage Industry 2023 Review and 2024 Outlook" conference, the scale of new grid-connected energy
US November LNG exports approach record levels amid higher
U.S. liquefied natural gas (LNG) exports in November rose to the second highest monthly production level on record, 7.99 million metric tons of the superchilled gas, according to tanker tracking data.
ETN News | Energy Storage News | Renewable
ETN news is the leading magazine which covers latest energy storage news, renewable energy news, latest hydrogen news and much more. This magazine is published by CES in collaboration with IESA. The India
Energy storage 2022: biggest projects, financing and offtake deals
December 27, 2022. Crimson Energy Storage, the largest battery system to have been commissioned in 2022 at 1,400MWh. Image: Recurrent Energy. A roundup of the biggest projects, financing and offtake deals in the sector that Energy-Storage.news has reported on this year. It''s been another landmark year for energy storage, part exemplified by
Letter to the Editor: Understanding liquefied natural gas exports
The following is an excerpt from Secretary Granholm''s Letter to the Editor in the Washington Post: "A lot has changed since our last update. Americans should have the latest understanding of what higher exports mean for our economy, our security, our environment and our health before U.S. energy leaves our shores. Those saying
Summary of Global Energy Storage Market Tracking Report (Q2 2023 Report) — China Energy Storage
Pumped hydro accounted for less than 70% for the first time, and the cumulative installed capacity of new energy storage（i.e. non-pumped hydro ES） exceeded 20GW. According to incomplete statistics from CNESA DataLink Global Energy Storage Database, by the end of June 2023, the cumulative installed
Plus Power US$1.8 billion deal ''driving storage into mainstream''
Developer Plus Power''s recent financing for BESS projects in Arizona and Texas shows it "driving energy storage into the mainstream of capital markets", executive chairman Brandon Keefe told Energy-Storage.news. The company completed a US$1.8 billion round of construction, term loan and tax equity financing for three battery energy
Energies | Special Issue : Energy Storage Systems for
It should also be produced and disposed of in an environmentally friendly manner. This leaves many research challenges, and the purpose of this Special Issue is therefore to provide a platform for sharing the latest
Chinese PV industry heavyweights'' battery storage announcements at Europe trade show
JinkoSolar PV modules at Intersolar Europe 2022 last week in Munich, Germany. Image: PV Tech. Last weeks'' Intersolar Europe / ees Europe trade event in Germany saw a number of energy storage-related announcements from Chinese solar PV industry players
Global LNG Outlook 2024-2028
ity by 64 MTPA through 2030. The first of the North Field trains is expected to come online in 2025 or 2026, with 48 MTPA likely to come online by 2028 and an additional 16 MTPA. coming into service by 2030. Qatar''s LNG industry boasts the cheapest LNG production costs in the world, due to its abundant, inexpensive a.
China Battery & Energy Storage Industry News Flash
The 9th World Battery & Energy Industry Expo is going to span over 205,000 sq.m., with 6000 booths to host 2000+ prominent brands from home and abroad, and 150,000+ professional buyers. Co-located with other thematic shows which are going to cover sectors like batteries, energy storage, solar, PV, power and other Renewable
RE+ energy storage product announcements roundup
With the RE+ clean energy expo in Las Vegas, US, coming to an end, we bring you a roundup of the major energy storage product announcements, including from Hithium, Sunwoda and Power Edison. With over 1,300 exhibitors covering the gamut of clean energy technologies, the four-day show is the largest renewables and clean
FACT SHEET: Biden
Today''s announcement will not impact our ability to continue supplying LNG to our allies in the near-term. Last year, roughly half of U.S. LNG exports went to Europe, and the U.S. has worked
Shapps sets out plans to drive multi billion pound investment in energy
reducing our reliance on fossil fuels to heat our buildings – a new £30 million Heat Pump Investment Accelerator is designed to leverage £270 million private investment to boost manufacturing
Over 700 MW of Energy Storage Projects Announced as Next Step in Canada''s Largest Energy Storage Procurement to Date — Energy Storage
FOR IMMEDIATE RELEASE 16 May 2023 Today the Independent Electricity System Operator (IESO) announced seven new energy storage projects in Ontario for a total of 739 MW of capacity.The announcement is part of the province''s ongoing procurement for 2500 MW of energy storage to support the decarbonization and electrification of Ontario''s grid,
Battery storage key to Malaysia''s renewable energy exports
MALAYSIA is positioning itself as a regional leader in the export of renewable energy (RE), and the key to achieving this ambition lies in the exploration and adoption of Battery Energy Storage Systems (BESS) According to Gading Kencana Sdn Bhd''s MD Datuk (Dr.) Ir Guntor Tobeng (picture), BESS acts as a crucial bridge between
Long-Duration Energy Storage | Department of Energy
The Long-Duration Energy Storage (LDES) portfolio will validate new energy storage technologies and enhance the capabilities of customers and communities to integrate grid storage more effectively. DOE defines LDES as storage systems capable of delivering electricity for 10 or more hours in duration. Learn more.
U.S. Energy Information Administration
EIA expects renewable energy to provide 24% of U.S. electricity generation in 2023, up from 20% in 2021. The growth in generation from renewables is primarily driven by solar power, with 71% more capacity by the end of 2023 than at the end of 2021. EIA expects solar generation by U.S. power plants to grow by 27% in 2022 and
Summary of Global Energy Storage Market Tracking Report (Q2
Summary of Global Energy Storage Market Tracking Report (Q2 2023 Report) — China Energy Storage Alliance. Pumped hydro accounted for less than 70%
FACT SHEET: President Biden Takes Action to Protect American
With extensive subsidies and non-market practices leading to substantial risks of overcapacity, China''s exports of EVs grew by 70% from 2022 to 2023—jeopardizing productive investments elsewhere.
Industry Updates Archive
HyperStrong will showcase its 2024 portfolio of energy storage products and solutions at the smarter E Europe (booth C3.171) in Munich between June 19-21, where its wind and solar energy storage
The development of new energy storage is accelerating.
The development of new energy storage is accelerating. published:2024-04-18 17:07 Edit. According to the research report released at the "Energy Storage Industry 2023 Review and 2024 Outlook" conference, the scale of new grid-connected energy storage projects in China will reach 22.8GW/49.1GWh in 2023, nearly three times the
The United States exported more LNG than any other country in the first half of 2023
U.S. LNG exports averaged 11.6 billion cubic feet per day (Bcf/d) during this period, 4% (0.5 Bcf/d) more than in 1H22, according to data from the U.S. Department of Energy''s LNG Reports. Australia exported the world''s second-largest volume of LNG in 1H23, averaging 10.6 Bcf/d, followed by Qatar at 10.4 Bcf/d.
Ontario''s electricity system moves forward with largest energy storage
Independent Electricity System Operator announces 739 MW of energy storage projects to support reliability and sustainability goals. May 16, 2023 – Toronto, ON – Today, the Independent Electricity System Operator (IESO) announced it is moving forward with the procurement of seven new energy storage projects to provide 739 MW of capacity.
Biden-Harris Administration Announces $7 Billion For America''s First Clean Hydrogen Hubs, Driving Clean Manufacturing and
WASHINGTON, D.C. — As part of President Biden''s Investing in America agenda, a key pillar of Bidenomics, the U.S. Department of Energy (DOE) today announced $7 billion to launch seven Regional Clean Hydrogen Hubs (H2Hubs) across the nation and accelerate the commercial-scale deployment of low-cost, clean hydrogen—a valuable
Govt lifts ban on exporting renewable energy to fast-track
Tuesday, 09 May 2023 2:50 PM MYT. PUTRAJAYA, May 9 — Malaysia is removing its ban on trading renewable energy and stepping up its efforts to move the country to become more green and energy efficient. Economic Affairs Minister Rafizi Ramli said the ban — imposed a year-and-a-half ago — had put a crimp on job opportunities and economic
Latest News — Energy Storage Canada
By Anthony Capkun February 6, 2024 A new report released by Energy Storage Canada (ESC) illustrates "the substantial potential of [long duration energy storage a.k.a. LDES] to contribute to the realization of the [Ontario]''s economic growth and energy transition
Regional Clean Hydrogen Hubs | Department of Energy
The Regional Clean Hydrogen Hubs Program (H2Hubs) includes up to $7 billion to establish six to 10 regional clean hydrogen hubs across America. Part of a larger $8 billion hydrogen hub program funded through the Bipartisan Infrastructure Law, the H2Hubs will form the foundation of a national clean hydrogen network that will contribute
U.S. Energy Storage Additions Hit A Record-High In Q2
By Tsvetana Paraskova - Sep 25, 2023, 6:30 AM CDT. U.S. developers added 5,597 megawatt hours (MWh) of energy storage installations in the second quarter of 2023, setting a new quarterly record
China energy storage market outlook 2022
The China energy storage market outlook 2022 is a 30-page report containing charts, tables and graphs providing in-depth analysis of the Chinese battery
US to announce climate review of LNG export approvals Friday,
The Biden administration is expected to announce on Friday that it will begin considering climate impacts in its approvals of new liquefied natural gas (LNG) exports, a process that
