Its role goes beyond energy use and there is already an active off-take market. From the perspective of renewable generators, hydrogen can play a pivotal role in enabling unsubsidised projects to work in a low power price environment and provide another business model in areas where the grid is congested. Hydrogen could also be the driver of a new wave of renewable installations as countries’ hydrogen plans hinge on new capacity being available.
In the short term, costs need to come down, government support mechanisms need to be actualised and partnerships need to be built. Our Green Hydrogen Virtual Summit will facilitate that with a high-level agenda packed with government and private sector decision-makers and a private MeetMe Zone for deal-making. The agenda will bring together renewable power generators, project developers, debt providers and investors, gas grids and off-takers to define a new energy era fuelled by hydrogen.
Anesco, the developer of a subsidy-free solar farm in England which has onsite battery energy storage, has sold the plant on to hybrid solar solutions company GRIDSERVE.
AES Corporation reaffirmed its 2020 financial guidance in presenting its latest quarterly results, which showed a total backlog of renewables and energy storage contracts of 6.2GW, while the company said it will reduce generation from coal to less than 30% of its total capacity by the end of this year.
“Preventing a service event from becoming a catastrophic one,” is how Cadenza Innovation CEO Christina Lampe Onnerud describes the way her company’s lithium-ion ‘Supercell’ battery architecture reacts to thermal runaway.
The first grid-scale battery energy storage project in the Canadian province of Alberta is on-track to go into operation this month, while TransAlta, the company behind the project, has expedited plans to retire a coal plant citing “future market conditions”.
Unlike other solar conferences, proceeds from the event help to fund high quality journalism across our media titles.
This supports the growth of the solar and storage industries as well as the transition to a cleaner power system.
