Despite the extraordinary challenges of war in recent years, Iraq has made impressive gains, nearly doubling the country''s oil production over the past decade. But the turmoil has also undermined the country''s ability to
Read MoreOn April 24, 2023, the Atlantic Council''s Iraq Initiative convened a hybrid panel discussion to examine Iraq''s current economic and energy landscape, and their future trajectory. The panel discussed
Read MoreJanuary 30, 2023. The Philippines'' first large-scale solar-plus-storage hybrid (pictured), was commissioned in early 2022. Image: ACEN. The Philippines Department of Energy (DOE) has outlined new draft market
Read MoreThe European Union (EU) Commission has approved a state aid scheme aiming to fund the rollout of over 9GW/71GWh of energy storage in Italy. The scheme totalling €17.7 billion (US$19.5 billion) will provide annual payments covering investment and operating costs for those developing, building and operating large-scale energy storage
Read MoreThe Federal Ministry for Economic Affairs and Energy, responsible for energy policy in Germany on the federal level, supports the development of electricity storage facilities. Under the Energy Storage Funding Initiative launched in 2012, funding for the development of energy storage systems has been provided to around 250 projects.
Read More26 80%. Bioenergy. 25. Installed capacity trend Renewable capacity in 2022. Fossil fuels Nuclear Other Non-RE. 3%. Hydro/marine. ewable sha. Solar.
Read MoreElectricity can be stored in a variety of ways, including in batteries, by compressing air, by making hydrogen using electrolysers, or as heat. Storing hydrogen in solution-mined salt caverns will be the best way to meet the long-term storage need as it has the lowest cost per unit of energy storage capacity. Great Britain has ample geological
Read MoreAs regular readers of Energy-Storage.news will know, Israel''s policy goal of reaching 30% renewable energy by 2030 – roughly equivalent to about 12GW of solar PV, likely to be the go-to renewable
Read MoreNew York regulator signs off state roadmap to achieve 6GW energy storage target by 2030. June 24, 2024. The New York Public Service Commission (PSC) has approved plans to guide the state to its 2030 energy storage policy target, including solicitations for large-scale battery storage.
Read MoreFebruary 9, 2024. Sebastian Burduja, Romania''s minister of energy. Image: ITU/Rowan Farrell. The Ministry of Energy of Romania has reopened a competitive solicitation for battery storage for the grid integration of renewable energy, seeking "at least" 240MW and 480MWh of resources. The Ministry made its announcement yesterday (8 February
Read MoreThe new IEA report, Iraq''s Energy Sector: A Roadmap to a Brighter Future, maps out immediate practical actions and medium-term measures to tackle the most pressing problems in Iraq''s electricity sector.
Read MoreVideo. MITEI''s three-year Future of Energy Storage study explored the role that energy storage can play in fighting climate change and in the global adoption of clean energy grids. Replacing fossil fuel-based power generation with power generation from wind and solar resources is a key strategy for decarbonizing electricity.
Read MoreEnergy storage. Storing energy so it can be used later, when and where it is most needed, is key for an increased renewable energy production, energy efficiency and for energy security. To achieve EU''s climate and energy targets, decarbonise the energy sector and tackle the energy crisis (that started in autumn 2021), our energy
Read MoreBoosting the energy independence of Iraq, one of the world''s top oil and gas producers, and reducing reliance on Iran is a top U.S. foreign policy goal. But Iraq''s oil and gas fields have suffered years of under investment and since 2018, Washington has had to issue Iran sanctions waivers to Iraq that allow it to buy power imported from the
Read MoreFormer prime minister issues bleak warning about Iraq''s future. MENA. Iraq denies opening Hamas office in Baghdad. MENA. Yemen''s Houthis claim joint attack on Israeli ship in Haifa. MENA. Iraq. The latest top stories, breaking news and
Read MoreThe First Reshuffle. Prior to Russia''s invasion of Ukraine on February 24, 2022, Urals —Russia''s key crude export grade—served as a baseload for Europe''s refineries, with Russian crude historically making up around 20 percent of Europe''s crude diet. Prior to the EU''s December 2022 ban, refiner self-sanctioning played a significant
Read MoreThe French energy giant signed the USD 27-billion contract to begin construction of four energy projects in the country in July 2023. TotalEnergies will take a 45% stake in the project, with QatarEnergy taking a 25% stake and state-owned Basrah Oil Company taking the remaining 30% stake. Read our latest insights on: Iraq
Read MoreThe two Iraqi oil officials and a government energy adviser said the agreement between Baghdad and Ankara on the Iraq-Turkey oil pipeline (ITP) operations was extended in 2010 for 15 years and
Read MoreIraq seeks to build eight reactors capable of producing about 11 gigawatts, said Kamal Hussain Latif, chairman of the Iraqi Radioactive Sources Regulatory Authority.
Read MoreBy John Lee. Iraqi Prime Minister Mohammed Shiaa Al-Sudani met with Peter Gibson, the CEO of American energy company Steller Energy on Wednesday. They discussed the company''s electricity projects and the government''s commitment to expanding combined-cycle power projects, a key priority in their service and development program.
Read MoreThe development of energy storage technologies is still in its early stages, and a series of policies have been formulated in China and abroad to support energy storage development. Compared to China, developed countries such as Europe, the United States, and Australia have more mature policies and business models related to energy storage.
Read MoreJuly 11, 2023. We compliment Iraq and Total Energies on the signing of a $27-billion energy deal that will accelerate Iraq''s path to energy self-sufficiency and advance Iraq''s collective climate change objectives. Years in the making, the Gas Growth Integrated Project aims to capture flared gas and deploy renewable energy sources.
Read MoreEnergy & Environment Iraq Oil and Gas Security & Defense Image: A tower at the Basra South oil refinery in the southern Iraq city of Basra flares as it cooks off natural gas May 20, 2004. Oil prices
Read MoreIraq has struck a major deal with France''s TotalEnergies company, bringing in $27 billion in foreign investment to build up natural resource development and
Read MoreElectrochemical and other energy storage technologies have grown rapidly in China. Global wind and solar power are projected to account for 72% of renewable energy generation by 2050, nearly doubling their 2020 share. However, renewable energy sources, such as wind and solar, are liable to intermittency and instability.
Read MoreThe report is the second in-depth study of Iraq''s energy sector following the publication of the Iraq Energy Outlook in 2012. The Energy Mix Get updates on the IEA''s latest news, analysis, data and
Read MoreAES Corporation has withdrawn one of its solar and battery storage hybrid facilities from Hawaiian Electric Co''s (HECO''s) latest renewable energy procurement. The solar-plus-storage project was originally included in the US island state utility''s final award group announced in December last year as reported on Energy-Storage.news.
Read MoreGrowth in electricity demand has been accompanied by the emergence of environmental phenomena such as global warming, climate change, and increased CO2 emissions. Thus, States have taken an interest in policies for the production and consumption of electricity, which promote economic growth without causing
Read MoreThe agreement today between Iraq and Total Energies, and the projects laid out during the HCC, will ultimately allow Iraq to end its dependence on unreliable
Read MoreCharith is an Energy Specialist, India Mobility and New Energy at IEEFA. He works on issues related to clean mobility, newer clean energy technologies, and the overall energy transition challenges of the economy. Energy storage systems (ESS) will be the major disruptor in India''s power market in the 2020s.
Read MoreCalifornia governor Gavin Newsom has outlined how the state will reach 100% decarbonisation by 2045, in a policy update which put energy storage front-and-centre in enabling 24/7 clean power. Newsom announced the ''Building the Electricity Grid of the Future: California''s Clean Energy Transition Plan" last week while helping to launch a
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