transmission network

Iberdrola has recorded a profit of €2.07 billion in H1 2022 with strong performances in its international business offsetting adverse results in Spain.

Energy storage solutions provider Convergent Energy + Power has completed a solar-plus-storage plant in Upstate New York that was built as a ‘non-wires alternative’ to more expensive network upgrades.

The US’ Federal Energy Regulatory Commission (FERC) has issued a Notice of Proposed Rulemaking (NOPR) that aims to address transmission grid planning and cost allocation issues in order to open up access to more renewable energy projects.

Australia’s 2022-23 Federal Budget has “missed the mark” when it comes to supporting the energy transition and has neglected investment in transmission infrastructure over investing in fossil fuels at a critical junction in Australia’s decarbonisation journey, said the Clean Energy Council (CEC).

California’s energy transition will need 53GW of solar PV by 2045, with the state’s transmission system requiring a US$30.5 billion investment alongside major increases in energy storage to accommodate the extra power.  

The US Department of Energy (DOE) has launched a “Building a Better Grid” initiative to catalyse the development of “new and upgraded high-capacity electric transmission lines” across the US under President Joe Biden’s US$1 trillion Bipartisan Infrastructure Law.

Renewable integration, sufficient energy storage and market uncertainty are three of the top five challenges facing Asia’s power sector today, according to Black & Veatch’s Asia Electric report that also overwhelmingly named hydrogen as a key decarbonisation method beyond the next decade

New York’s governor has proposed an expansion of the NY-Sun distributed solar incentive programme and revealed plans for two transmission projects that will transport renewable energy to New York City to help the state reach 70% renewable electricity by 2030.

The Australian state of Victoria has unveiled six grid upgrade projects as part of efforts to unlock new renewables investment.

While the Asian solar industry has been hit by COVID-19 fueled disruption, the pandemic has also boosted interest from offtakers, industries and governments alike.