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Finance and investment

Graphic of finger pressing a button with the pound sign

17/7/2024 News

UK government’s week one energy initiatives

The UK’s new Labour government has launched a National Wealth Fund to unlock private investment in clean energy, and appointed Chris Stark to lead its Mission Control initiative that aims to accelerate the country’s move away from fossil fuels by 2030.

Energy infrastructure

Heating engineer crouching down to install heat pump on outside of a brick building

25/10/2023 News

Pressing need to modernise UK infrastructure

Improved infrastructure to boost economic growth across the UK and meet climate goals is both ‘achievable and affordable’ if the right policy steps are taken now, according to the latest long-term review from UK government’s independent advisers on infrastructure strategy.

Energy storage

Head and shoulders pic of John Leonti and Craig Kline, Partners, Troutman Pepper

31/5/2023 Comment / John Leonti,Craig Kline

Impacts of the Inflation Reduction Act on US battery developers

The Inflation Reduction Act (IRA) aims to increase investment in green technology in the US through a variety of means. One is to expand national battery development through an investment tax credit. John Leonti and Craig Kline, Partners at Troutman Pepper law firm, share their thoughts.

Renewables

16/10/2024 News

Renewables on course to meet half of global electricity demand by 2030

Renewables are expected to meet nearly half of global demand for power by 2030, according to the latest analysis from the International Energy Agency (IEA), with more than 5,500 GW of new renewable energy capacity forecast to be installed worldwide between now and then. Two significant renewable projects, in Estonia and Australia, demonstrate how low-carbon ambitions are being made real.

Finance and investment

Constructed adjacent to the existing ‘Hollow Mountain’ Cruachan underground pumped storage hydro facility, Drax’ proposed new 600 MW plant will more than double the site’s total generation capacity to over 1 GW

23/10/2024 News

UK government promotes investment in long-duration energy storage

The UK government has announced plans to implement a ‘cap and floor’ investment framework to support the deployment of long-duration energy storage (LDES) projects. The news was welcomed by renewables associations and pumped storage hydro project developers such as SSE Renewables and Drax.

Hydrogen

Head and shoulders photo of Davide Chiaroni, set against light blue/grey background

3/7/2024 Comment / Davide Chiaroni

Europe’s hydrogen paradox – balancing necessity, sustainability and economic feasibility

The problem with strategies for green hydrogen in Europe is the lack of a unified approach that could also look to Africa as a potential supplier, writes Davide Chiaroni, Full Professor of Strategy & Marketing at Politecnico di Milano and co-founder of its Energy & Strategy research centre.

Distributed generation

Row upon row of houses, with an industrial plant and mountains covered with trees in background

EI Member only

8/11/2023 Feature / Rolf Bienert

How to realise the potential of virtual power plants

Virtual power plants (VPPs) are networked systems of decentralised energy or storage resources, such as solar photovoltaics (PVs) and electric vehicle (EV) batteries, that are pooled together to help power the electricity grid, particularly in times of peak demand. But are they underused? asks Rolf Bienert, Managing and Technical Director at the global OpenADR Alliance.

Energy storage

Clean energy compilation - solar panels, wind turbine and electricity pylon against blue sky

20/3/2024 News

Urgent call for action for long-duration energy storage in the UK

The UK Parliament’s Science and Technology Committee’s new report on long-duration energy storage says the government must act fast to ensure that energy storage technologies can scale up in time to decarbonise the electricity system and ensure energy security by 2035. Meanwhile, a number of new initiatives have been announced, aimed at supporting UK grid stability.

Batteries

EI Member only

19/11/2025 Feature / Toby Clark

Energy storage – long and short-term

Lithium-ion batteries sometimes seem to have taken over the world, as they are nearly universal in consumer electronic devices. One of their most obvious benefits is that they retain charge for a substantial length of time, writes Toby Clark.

Energy storage

Five panellists sitting in chairs on conference stage, talking and listening to one another

EI Member only

25/2/2026 Feature / Brian Davis

How to address the challenges of scaling storage worldwide

‘The defining challenge of the next phase of the energy transition is storage,’ said Malcolm Turnbull, a former Prime Minister of Australia and now President of the International Hydropower Association, at International Energy Week. Via a video link, Turnbull introduced a wide-ranging discussion on the technical, commercial and geopolitical challenges of scaling up a mix of storage technologies, with increasing cross-border co-operation globally. Brian Davis, Features Editor, New Energy World, reports.

New Energy World™

Search results:

UK government’s week one energy initiatives

Pressing need to modernise UK infrastructure

Impacts of the Inflation Reduction Act on US battery developers

Renewables on course to meet half of global electricity demand by 2030

UK government promotes investment in long-duration energy storage

Europe’s hydrogen paradox – balancing necessity, sustainability and economic feasibility

How to realise the potential of virtual power plants

Urgent call for action for long-duration energy storage in the UK

Energy storage – long and short-term

How to address the challenges of scaling storage worldwide