When companies purchase green power, it’s with the good intention of contributing to the energy transition. However, doing this right isn’t obvious: most ‘green’ energy purchases do not create new renewable energy, and the most effective solution has historically only been available to the largest companies. The most common way companies purchase green power is to buy Guarantees of Origin (GOs). The logic goes that by purchasing these renewable energy certificates, renewable energy producers receive extra income, creating a stronger incentive for the development of new renewable energy. In reality, these certificates do not create new renewable energy. One reason is that GOs are issued for every MWh of renewable energy - whether it comes from a wind farm built 15 years ago or a brand new solar park. No preference is created for newer parks. Another reason is that GOs are priced too low to send strong price signals that might otherwise stimulate new renewable electricity supply. Fortunately, there is an effective alternative to GOs: special electricity contracts known as a Power Purchase Agreements (PPA). These contracts ensure that a company’s electricity purchase leads to the creation of new renewable energy. Give our new blogpost a 5 minute read and learn more about why PPAs are the most effective green power solution for businesses: https://lnkd.in/eDYJusPD
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Engineering expertise in Oil/Gas, Ammonia, Bio Fuels. Doing PhD in Renewable Energy & Water Treatment.
The U.S. has become a hub for battery storage projects due to government incentives and investments in battery technology. California is leading the way in battery storage, aiming to make its grid 100% green-energy-powered by 2045. Texas is also experiencing a boom in battery storage investment, as companies seek to capitalize on the growing renewable energy market. One of the biggest gaps in renewable energy development around the globe is battery storage. As countries worldwide rapidly develop their green energy capacity, mainly through solar and wind power, there is a massive need for more battery storage to ensure these renewable energy sources become more reliable. At present, wind and solar farms only deliver power when the wind is blowing and the sun is shining, demonstrating the need for utility-scale battery storage to be rolled out to provide stable renewable power to consumers around the clock.
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Read more about the Bureau of Land Management (BLM) and the "Renewable Energy Rule." This innovative update is designed to accelerate solar and wind energy projects on public lands while fostering environmental responsibility and economic growth. Visit the link below 👇 #solarenergy #solarpower #solarpanels #solar #renewableenergy
Halo Solar | BLM Initiative to Make Renewable Energy Development Easier and Cheaper on Public Lands
halosolar.net
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How to Efficiently Fix Intermittency of Renewable Energy Option 3. In my firs Post I published Mix of Solar, Wind, Marine Energies with Pumped Storage Hydro. This is the link for that Post; https://lnkd.in/gPzfPmiu I also mentioned Gravity Energy but did not go into that for now. Maybe some other time or maybe not. Gravity energy is also superb way to Store and Create New Renewable Energy. No limit with that or Pumped Hydro. Today I like to show you the best way possible by use of simple Grid size Batteries, to Store Renewable Energy and to balance Grid from Renewable Energy Intermittency issue. I think this is very simple way to Store Renewable Energy before we sent it to the Grid. After that from Batteries we sent Power to The Grid and we will not have any major issues ever. Now, Question is how fast can we Charge Batteries and store energy. Batteries are also expensive, and are not proven to last long, so that is the thing and Recycling of them is not simple, so there could be some problems with them in the future. That is why I selected Pumped Storage Hydro and Gravity Energy as Best Options to store Renewable Energy and produce more in some cases. But Who does not have water available can always go for Gravity Energy and Batteries. Above all I do believe that we have to store Renewable Energy in order to Fix Intermittency. There is no other way available for now. Unless Grid provide Energy Storage itself and then balance it as they need to.
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On 19 September, Senior Managing Director Benjamin Chee will moderate a panel at the Renewable Energy Markets 2023 conference in a session titled “Latest Corporate PPA Trends and Lessons That Can Be Applied in Emerging Markets.” The panel will delve into the complexities multinational companies and procurement sponsors face as they navigate the landscape of renewable energy procurement through PPAs and other contracting mechanisms and explore the distinct challenges and emerging trends that shape developed and emerging markets, offering valuable insights to inform your renewable energy strategies. In a separate session, Mr. Chee will be joined by Analyst Jane Kim and will lead “Community Renewable Projects: Trends and Challenges.” Mr. Chee and Ms. Kim will delve into the intricate world of community renewable energy projects, exploring key issues and current adoption practices and sharing invaluable insights and best practices that drive policy development and program adoption forward.
Renewable Energy Markets 2023
nera.com
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The first image that likely comes to mind when the average energy consumer thinks about renewable energy is some kind of vast (utility-scale) solar or wind farm, or a massive battery project, usually pictured against a picturesque backdrop of rolling fields or a delightful sunset. But the way many energy customers are actually engaging in the renewable energy and battery storage green energy transition is actually different (and in fact, is changing). https://lnkd.in/g4BuVVqg
Distributed Power, EAAS—New Ways to Join the Clean Energy Transition
powermag.com
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What is the definition of green energy? Green energy is energy that can be produced using a method, and from a source, that causes no harm to the natural environment. What’s the difference between green energy and renewable energy? The terms ‘green energy’ and ‘renewable energy’ are often used interchangeably, but there is one essential (and sometimes confusing) difference between them. While most green energy sources are also renewable, not all renewable energy sources are considered entirely green. Renewable energy comes from sources that are constantly and naturally renewed (hence the name), such as wind power and solar power. Renewable energy is also often called sustainable energy. A renewable energy source may not be considered ‘green’ if, for example, some carbon emissions are associated with the processes used to generate the energy – such as the building of infrastructure. What's the differences between green energy and clean energy? Clean energy is energy that, when used, creates little or no greenhouse gas emissions. As with renewable energy, some types of clean energy may not always be considered entirely green.
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When people ask me what I do for work, the easy answer is, "I write about wind energy." But so often, what I really do is take complex, technical topics and make them comprehensible to ordinary people. That was certainly the challenge when I wrote about contracts for difference, which can lower the risks of financing offshore wind farms and other renewable energy projects--and help lower the cost of electricity for consumers. Thank you, Philipp Beiter for helping me translate the science into plain language!
A Sustainable Solution To Increase Clean Energy Deployment
nrel.gov
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