How battery energy storage systems work
Saturday, 29 June 2024
by Peder Thomsen
How battery energy storage systems work When people think of the battery industry, associations likely go towards electric vehicles, but the battery industry isn’t just propelled by EVs. Utility-scale battery energy storage (BESS) has also entered the race and is more important than ever before. So, this article will explore how battery energy storage systems
- Published in Technology
The grand guide to solar energy
Wednesday, 05 June 2024
by Peder Thomsen
The grand guide to solar energy Solar energy is quickly becoming a cornerstone in the battle against climate change, accounting for nearly three-quarters of the newly added renewable energy capacity in 2023. This article dives into the fundamentals of solar energy, its renewable nature, uses, and the numerous advantages it offers now and in the
- Published in Technology
The benefits of renewable energy
Friday, 17 May 2024
by Peder Thomsen
The benefits of renewable energy As severe weather events become more frequent and intense, the benefits of renewable energy become increasingly clear. Currently, the world economy invests around $1.8 trillion annually in clean energy and infrastructure, compared to roughly $1.1 billion in fossil-fuel infrastructure investments. But to achieve zero emissions by 2050, renewable energy investments has
- Published in Technology
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Explainer
What is renewable energy?
Monday, 15 January 2024
by Peder Thomsen
What is renewable energy? In a world seeking sustainable solutions to its energy needs, the rise of renewable energy sources stands as one of the largest hopes to help mend our planet. Unlike fossil fuels—coal, oil, and gas—which demand hundreds of millions of years to form and contribute to harmful greenhouse gas emissions when burned,
- Published in Technology
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Explainer
What is ISEM?
Tuesday, 18 May 2021
by David Cashman
What is ISEM? The Wholesale Electricity Market on the island of Ireland is undergoing significant change to integrate with European markets and to align with 2030 policy objectives to achieve 70% renewable generation in the electricity sector. With The Integrated Single Electricity Market (ISEM), which was introduced on October 1st, 2018, changes to the way energy is
- Published in Market Insights