Aurora Energy Research report calls on the UK government to intervene to ensure that low-carbon technologies – such as flow batteries, compressed or liquid air storage, hydrogen storage, or gas with CCS – can be delivered on a large scale to meet 2050 net-zero target.
Major US utility Florida Power & Light Company (FPL) is planning to build the world’s largest battery energy storage system adjacent to an existing solar power plant, with plans to roll out multiple other storage systems across the state.
Shell is pondering a 120MW solar PV project to be located on the land of its QGC onshore natural gas business in the Australian state of Queensland as part of its stated aim to reduce emissions from its own global operations.
The European Bank for Reconstruction and Development (EBRD) will no longer finance thermal coal mining or coal-fired electricity generation and will focus instead on renewable energy as part of its new five-year decarbonisation energy strategy.
The Manila Electric Company (Meralco), the major utility of the Philippines, plans to set up 1GW of solar and wind projects in the medium term, according to the head of the firm's power generation unit.