Germany could have avoided 36 GWh of expensive fossil power and up to €2.5mn fuel costs in June 2024 alone with 2 GW more of additional batteries.. Between August 2023 and July 2024, nine EU countries saw solar alone exceeding 80% of their hourly domestic demand. However, the annual growth rate slowed down to 15% in 2024, after three consecutive years. . Coupling renewables and clean flexibility growth, the EU can benefit from abundant home-grown wind and solar, reduce dependence on imported fossil energy, and avoid costs. In 2030, the EU could avoid gas costs worth €9bn by capturing excess wind and solar. Between August 2023 and July 2024, nine EU.
The Greening the Islands (GTI) Foundation's flagship programme – the 100% RES Islands Initiative – is at the forefront, underscoring the vital role of advanced storage in achieving islands' full decarbonization and energy security.. The Greening the Islands (GTI) Foundation's flagship programme – the 100% RES Islands Initiative – is at the forefront, underscoring the vital role of advanced storage in achieving islands' full decarbonization and energy security.. USGS releases assessment of undiscovered oil and gas resources in the Phosphoria Total Petroleum System of SW . Using a geology-based assessment methodology, the U.S. Geological Survey estimated undiscovered, technically recoverable mean resources of 152 million barrels of oil and 47.9 trillion. . A transformative shift in energy strategy is dawning for island nations, spearheaded by Long Duration Energy Storage (LDES) technologies. These systems, capable of storing and dispatching energy for over eight hours, days, or even weeks, offer groundbreaking potential – especially for. . On March 21, 2025, the New York State Public Service Commission (“PSC”) adopted, with modifications, the draft Bulk Energy Storage Program Implementation Plan proposed by the New York State Energy Research and Development Authority (“NYSERDA”). Efforts towards a finalized implementation plan have. . As the United States transitions away from fossil fuels, its economy will rely on more renewable energy. Because cur-rent renewable energy sources sometimes produce variable power supplies, it is important to store energy for use when power supply drops below power demand. Specifically, the Commission directed NYSERDA to modify. . New York's Climate Leadership and Community Protection Act (Climate Act) codified a goal of 1,500 MW of energy storage by 2025 and 3,000 MW by 2030. In June 2024, New York's Public Service Commission expanded the goal to 6,000 MW by 2030. Storage will increase the resilience and efficiency of New.