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Gigastack renewable hydrogen from offshore wind project advances to next phase; 100MW electrolyzer system

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million for the next phase of Gigastack, a new renewable hydrogen project, as part of the Department for Business, Energy and Industrial Strategy (BEIS) Hydrogen Supply Competition. Producing hydrogen has traditionally been associated with high carbon emissions, but by using renewable electricity—e.g., The UK has awarded £7.5

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Ørsted and partners secure funding for H2RES project; offshore wind power to produce renewable hydrogen for road transport

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million (US$5 million) for the H2RES project from EUDP’s second 2019 call for applications. The plant will use electricity from offshore wind turbines to produce renewable hydrogen for buses, trucks and potentially taxis. Avedøre Power Station on Avedøre Holme.

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Cal ISO: California grid battery storage increased nearly 20x since 2019 to 5,000MW; projected to hit 52,000 MW by 2045

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According to the California Independent System Operator, battery storage capacity in the state has increased by nearly 20 times since 2019—from 250 megawatts (MW) to 5,000 MW. Today’s fleet of storage resources can capture enough electricity to power up to 5 million California homes. compared to 2020. compared to 2020.

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Intermountain Power Agency orders MHPS JAC Gas Turbine technology for renewable-hydrogen energy hub, operated by LA DWP

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The Intermountain Power Agency (IPA) has awarded Mitsubishi Hitachi Power Systems (MHPS) a contract for two M501JAC power trains for the Intermountain Power Plant (IPP) in Delta, Utah. The renewed generation facility will be owned by IPA and operated by the Los Angeles Department of Water and Power (LADWP).

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3 Oil Majors That Bet Big On Renewables

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Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Equinor has announced plans to invest $10B into clean energy by 2025, mostly through its offshore wind portfolio. 1 Equinor. 2 Total SA.

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Rhodium Group estimates US GHG fell 2.1% in 2019, driven by coal decline

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in 2019 based on preliminary energy and economic data. Coal-fired power generation fell by a record 18% year-on-year to its lowest level since 1975. An increase in natural gas generation offset some of the climate gains from this coal decline, but overall power sector emissions still decreased by almost 10%. increase in 2018.

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BNEF: cost of new renewables rises as inflation starts to bite

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The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The latter cost at $74 and $81 per MWh, respectively.

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