The Australian startup Redflow resumed delivering batteries to its customers this week. In late April the company suspended the delivery of batteries to customers after informing investors about a number of technical issues including electrolyte impurities that could cause system failure. This week CEO Simon Hackett informed investors in a letter that testing upon a new batch of batteries was successful and therefore deliveries could resume.
Last week was a tumultuous week for traders in oil markets as lingering doubts over the effectiveness that a production cut led by the nations of the Organization of Petroleum Exporting Countries (OPEC) was achieving the desired result of reducing global oil supply. The market has been saturated for over two years and some producers… Keep reading →
This week Australia’s government unveiled a proposed plan to limit the export of liquefied natural gas due to domestic price increases brought about by local shortages. This proposal was the result of two meetings between Australian Prime Minster Malcolm Turnbull, producers and the Australian Energy Market Operator discussing natural gas shortages. The plan known as… Keep reading →
Trying to compare different types of energy storage is a bit like trying to compare the color green to the color blue. Here we take a stab at defining the market potential for long-duration energy storage and offer considerations for potential buyers of this new technology. According to a recent report “Beyond Four Hours: The… Keep reading →
German based energy supply company, E.ON is looking to move into the U.K. and enter the energy storage and solar energy markets. The company unveiled their available solar and storage system technologies to U.K. customers this week. E.ON Solar and Storage will be installing solar and energy storage systems for both existing E.ON customers and… Keep reading →
The aftermath of a California energy disaster may have been the catalyst for energy storage project opportunities. Powin Energy and Eaton have been able to complete a 2MW energy storage project in record time for the LA Basin area. The urgent need for greater energy storage in this area stemmed from a serious gas leak… Keep reading →
Last year some investors in the energy market took a beating when numerous U.S. oil shale producers filed for bankruptcy. However, those losses have not deterred investors from making massive new investments betting on the future of the oil shale industry. In the first three months of 2017 investors placed nearly $20 billion with private… Keep reading →
Colorado may have found an interesting solution to the stranded assets that are relics of the transition to clean energy. Two Democratic lawmakers have proposed measures that would create ratepayer-backed, AAA rated, commercial bonds. These securities would be used by utilities to refinance retiring coal plants, of which there are many. The savings would be… Keep reading →
Across the smart grid vendor landscape, one country in particular seems to be at the top of everyone’s minds: India. Mirroring much of the developed world, India is in the middle of fundamentally transforming its electric power system to adopt a smart grid framework. Plagued by inefficiencies across the network and faced with new and… Keep reading →
A major Australian coal producer is planning on significantly ramping up production levels of it’s coking-coal operations in eastern Australia. BHP Billiton Ltd. is gearing up for a major US $204 million expansion which is intended to increase production of coke, a vital ingredient in steel-making. The planned expansion should reduce overall operating costs while… Keep reading →
