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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....
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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 ESO
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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...
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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...
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In June and July, solar power accounted for one tenth of all electricity generated in the European Union. A record amount of almost 39 terawatt hours (billion kilowatt hours) was also generated. This is stated by climate think tank Ember in a new analysis. In 2018, considerably less solar electricity was generated during the two...
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As we say goodbye to nuclear power plants, three new gas generators and battery storage will provide sufficient capacity and stability respectively on the Belgian electricity network. Source : De Standaard https://www.standaard.be/cnt/dmf20210430_94880867
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Global sales of electric vehicles (EVs) and plug-in hybrids (PHEVs) exceeded 3 million for the first time in 2020, despite the economic headwinds imposed by COVID-19. This visualization presents a geographic breakdown of these sales, revealing that more than 80% were made in Europe or China. The EU was the largest market with a margin...
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Europe’s Green Deal urges more and more individuals and enterprises to store and use their own produced renewable energy.  This reduces costs for the owners as well as the grid operators. Europe is well on track to see a massive growth in energy storage solutions, both on and off-grid. Source : Energy Storage
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To reach its climate goals, energy storage becomes paramount in Europe’s energy strategy.  Asia is currently leading the pack in battery innovations but Europe is catching up gradually, and has to, to act independently in this important pillar of the economy. Source : Europorter
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