The role of independent energy retailers and service providers in the energy market were at the centre of a high-level conference on Tuesday at the European Parliament in Brussels. With the conference, EER took a strong stand in the current discussions of the future energy policy of the European Union. The EER is aiming at enhancing cross-border competition in energy markets and achieving fair market conditions for new entrants offering energy and service-related solutions. It’s also calling for effective unbundling and harmonization of market rules. Competition and transparency must be key-principles of any future market design.
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InnoEnergy, Europe’s sustainable energy innovation engine supported by the EIT, has signed a letter of agreement with the World Alliance for Efficient Solutions (World Alliance) to enhance the impact and increase the synergies of clean, smart and energy efficient technologies. The World Alliance is a not-for-profit organisation, launched by the Solar Impulse Foundation. The companies will collaborate on a range of initiatives, including events and mutual promotion with start-ups and investors, whilst also working more closely with their respective networks of industry experts.
Renewable energy has continued to develop at ever increasing rates, with remarkable growth seen since the start of this decade. The pace of the energy transition is driving innovation and growth in related sectors. For energy networks and grids integrating small gas turbines, micro-turbines, fuel cells, biomass, small hydropower, wind and solar energy; distributed generation installation provides significant solutions in the restructured electricity regime. This is particularly so, where there is a larger uncertainty in demand and supply.
California Governor Jerry Brown signs into law two bills that significantly strengthen Property Assessed Clean Energy (PACE) financing for homeowners and communities. Renovate America, the nation’s largest PACE provider, has hailed Governor Jerry Brown’s signing into law of two bills that provide a landmark regulatory and consumer protection framework for PACE. “Across 150,000 California homes, PACE has already saved enough energy to power the United States for over a day – and this legislation provides the regulatory and underwriting framework to ensure it’s a responsible choice for hundreds of thousands more homes and families,” said Ari Matusiak, Chief Strategy Officer at Renovate America.
Home furnishings expert IKEA has teamed up with leading solar firm Solarcentury to launch a new Solar Battery Storage solution to help homeowners make huge savings on their electricity bills by using more of the electricity that’s generated by solar panels. In addition, the battery storage system also increases the rate at which users can reap the benefits from their solar investment. With prices for Solar Panel and Battery Storage from IKEA and Solarcentury starting from as little as £3000, the new solutions can provide savings of up to £560 a year. Following Government plans to invest £246m in battery technology, saving consumers £40bn by 2050, battery storage is set to revolutionise the UK and international energy markets.
Earlier this week, the MS innogy commenced operations for green tours on the beautiful Lake Baldeneysee. The passenger vessel, is the first in Germany to be powered by methanol fuel cells, is a part of innogy’s “greenfuel” project where they demonstrate the entire value chain of environmentally friendly methanol, from a green production of methanol using CO2 from the surrounding air, green electricity, and water, to the use of methanol as a fuel in the excursion vessel and in cars, ships, and aircraft. The demonstration took place in Essen – this year’s “Green Capital of Europe” and went hand in hand with the ambitious transition the city is undergoing in reinventing itself as a “Green City”.
Siemens Gamesa has set a new record in Asia by installing this year the tallest wind turbines on the continent. The turbines are equipped with 153-metre tall towers, and with the 56-metre blades, they reach a total height of 210 metres. Presently, a major focus for the company is the integration of the entities of Siemens and Gamesa. This has the objective of realising the new company’s substantial potential, thanks to its bigger scale and global reach: a presence in more than 90 countries, an installed base of 75 GW, and an order book of €21bn.
HERO’s latest expansion is expected to spread these economic benefits to the new communities where it will operate. It’s estimated that HERO-financed home improvement activity has resulted in the creation of over 80 new Missouri jobs and over $17 million in economic activity. Many of these new construction-sector jobs can’t be outsourced or automated. In addition to residential PACE activity, MCED also has a pipeline of over $10 million for PACE-financed projects for commercial properties.
A new study by climate scientists has advanced the understanding of the potential for wind power to provide energy during the coldest spells of winter weather. The team, which involved scientists from the Met Office Hadley Centre, Imperial College London and the University of Reading, compared wind power availability with electricity demand in winter and they found an interesting result. The team found that during the highest 5% of energy demand days, one-third produce more wind power than the winter average. “The very coldest days are associated with a mix of different weather patterns, some of which produce high winds in parts of the UK.
New conference tracks, off-site events and increased networking opportunities will be in place to connect industry executives, policymakers and advocates at Intersolar North America, the most-attended solar industry event in North America. The event will feature new, in-depth conference tracks on solar finance, smart renewable energy and cutting-edge PV and energy storage technologies at its 10th annual event in San Francisco July 10 to 12. High-level conference speakers will discuss key themes, technologies and advancements in the solar and energy storage industries, as well as financial tools and legislative actions currently shaping the North American market.
Trina Solar has announced the launch of its high-efficiency bifacial module DUOMAX Twin, which generates power from both the front and back sides of the solar module and performs well even under weak light conditions. The front side receives direct sunlight while the back side receives reflected and scattered light. Compared with traditional single-sided modules, the DUOMAX Twin can deliver as much as 25% additional generating capacity. The company’s leadership in PERC cell technology has achieved several world records and total shipments of over 1 Gigawatt over the past years.