26 August 2022, article in change.inc about 247 Energy’s plans to build a giga factory in Benelux. The 247 giga factory should be operational by 2024 and accounts for an investment of 200M EUR.Continue Reading
We are pleased with this patent (3.707.351) in Nederland, Germany, Greece, France, Italy, Spain, Norway, Finland, Poland, Sweden, UK & Türkiye for our compact energy plant. A power plant for energy production from a liquid gas stored in a cryogenic storage tank. A solution powered by LNG or H2.Continue Reading
247’s decentralized energy production fits both in existing grids or can operate stand-alone and generate energy for local needs. 247 can also serve as grid-backup when there is no renewable energy (solar/wind) available. The system is containerized and can be implemented onsite in half a day.Continue Reading
28-7-2022 was earth overshoot day. The day when humanity has used all the biological resources that earth regenerates during the entire year. 121% increase in world population since 1970-68% decline in average population size of vertebrate species since 197060% of humanity’s ecological footprint is carbon Same day Tomorrowland hosted its first Love Tomorrow Conference on...Continue Reading
Spanish utility Iberdrola has inaugurated its ‘Tâmega Gigabattery’ in northern Portugal, a renewable energy complex including pumped hydro with an energy storage capacity of 40GWh. Iberdrola has invested €1.5 billion (US$1.54 billion) in the facility which combines two run-of-river hydroelectric plants and an 880MW PHES unit (Gouvães), with a total combined hydroelectric power of 1,158MW....Continue Reading
The UK will have 50GW-plus of energy storage installed by 2050 in a best case scenario attainment of net zero, according to grid operator National Grid’s Future Energy Scenarios report. source: National Grid ESOContinue Reading
Microsoft will be the latest big tech player to use battery storage at data centres, which will provide grid flexibility services when not being called upon as backup power. Batteries will be used instead of diesel generators at a site in Dublin, Ireland and the installation is nearing completion, according to an entry in the...Continue Reading
Battery storage capacity in the US more than tripled to 4,631GW in 2021 and increasingly broadened out of ancillary services, according to the Energy Information Administration (EIA). The amount of battery storage capacity grew 220%, from 1,438MW in 2020, driven by the commissioning of 106 utility-scale systems with 3,202MW, the EIA said. That means 2,923MW...Continue Reading
Volkswagen has started construction of its 40GWh battery cell gigafactory in Salzgitter, Germany, and the company plans to dedicate capacity to grid-scale energy storage in future. The automative group announced the start at a ground breaking ceremony yesterday (7 July). The facility it set to open in 2025 and will produce battery cells for electric...Continue Reading
Europe will need a total of 187GW of energy storage by 2030 and 600GW by 2050 to meet its renewable energy targets, according to the European Association of Energy Storage (EASE). The 2030 figure was first published last month while the target for 2050, when the continent’s renewable mix is expected to reach 85%, is an entirely...Continue Reading
