Major retailer ERM becomes first to choose paying penalty price over investing in new wind and solar, taking advantage of extensive tax losses.
Queensland prices soar again; more on AGL’s cheap price for wind energy; and battery storage costs falling quickly.
As expected, France was heavily dependent on power imports during the first cold spell of this winter, even with most of its nuclear reactors back online. And it is paying twice as much for peak power as Germany.
The inevitable has apparently happened; utility-scale solar-generated power appears to be cheaper than wind – and both are cheaper than fossil-fuel generated power.
Old energy rules were all about locking in cheap base-load power, and supplementing it with more expensive capacity, generally gas, to meet the peaks. The new way is about putting in super-cheap, “base-cost” renewable power at the heart of the world’s grids.
Spot electricity prices have gone through the stratosphere this summer, particularly in Queensland where average prices have been more than double of renewable energy leader South Australia.
It feels like every other day there’s at least one new article touting blockchain as “the next big thing in energy.” But the blockchain is a bit of an esoteric concept to most of us. So, what is it?
Singapore-based PV manufacturer REC has launched the latest version of its TwinPeak solar module. The 60-cell multicrystalline module can deliver up to 295Wp.