Grideval Events

Power Grid Corporation of India (POWERGRID) has invited bids to set up five standalone battery energy storage systems with a cumulative capacity of 750 MW/3,000 MWh across multiple locations in West Bengal.

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Chancellor Rachel Reeves has been warned that government borrowing is set to spike as a result of the Iran war, as the Office for Budget Responsibility admitted it had underestimated the effects of the last energy price shock. In a review of its forecasting models, the OBR suggested it had learned lessons from Russia’s full-scale invasion of Ukraine, which led to gas prices rising by around five times. It said the overall impact on public finances “was to significantly increase government borrowing and debt” despite…

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Aukera Energy, a renewable energy and battery storage developer, has reached financial close of €97.5 million (~$106 million) on…

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Iraq plans to triple within three months its exports of crude oil through Kurdistan to the Turkish Mediterranean port of Ceyhan as OPEC’s second-largest producer is one of the Middle East’s producers worst affected by the closed Strait of Hormuz. The Iraqi government has approved a plan to hike crude exports to Ceyhan and onto international markets from the Mediterranean as the blocked Strait of Hormuz has cut most of Iraq’s oil shipments. Iraq is seeing the worst of the Middle East crisis as its heavily oil-dependent economy…

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By 2042, DTE expects to have more than 2.9 GW of energy storage on its system, more than doubling its current storage capacity.

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NTPC Green Energy is tendering EPC contracts to develop 3,300MWh of battery storage at Khavda hybrid renewable energy park in Gujarat, India.

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Discussions covered enhancing grid resilience through transmission expansion, energy storage, and renewable integration to meet rising electricity demand and ensure energy security.

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Kuwait Petroleum Company expects it will take considerably longer to restore oil production than many traders appear to assume if the Strait of Hormuz reopens in the coming days. Speaking at the S&P Global Energy Middle East Petroleum and Gas Conference, the company’s managing director for international marketing, Shaikh Khaled Ahmad Al-Sabah, said Kuwait would need six to eight weeks to recover roughly 70% of normal production levels after Hormuz reopens, with the remaining 30% requiring about another month. Refining operations…

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Analysts have slashed their estimates of India’s oil demand growth this year, with the consumption uptick to be the weakest since the Covid pandemic as the supply crunch and higher fuel prices slow gasoline and diesel demand. Analysts Kpler and Rystad Energy have slashed their gasoline and diesel demand growth estimates for this year by between 30% and 90%, according to figures cited by Bloomberg. Despite the major downward revisions to fuel demand growth in the world’s third-biggest crude oil importer, analysts don’t see this…

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New reference architecture combines battery storage, electrical systems, cooling, and Nvidia Rubin technology for 100 MW-class AI facilities.

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Liam Critchley examines a selection of third-party technologies for preventing thermal runaway events in battery storage systems.

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Die Unternehmen Next Energy und Enerfin haben für einen Industriekunden eine Energiezentrale gebaut, die ein 5 MW PV-Kraftwerk mit einer Bioenergie-Anlage, Batteriespeichern und Ladeinfrastruktur kombiniert. Foto: Enerfin

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Listen to this article The Central Electricity Regulatory Commission (CERC) has quashed transmission charge invoices of ₹21.97 million (~$229,483) raised by the Central Transmission Utility

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US advanced nuclear technology developer X-energy has submitted an application to enter the UK's Generic Design Assessment process for its Xe-100 high-temperature gas-cooled reactor.

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Urenco USA, operator of the only U.S. commercial-scale uranium enrichment facility, will expand low-enriched uranium (LEU) capacity at its National Enrichment Facility (NEF) in Eunice, New Mexico, by nearly 50% through a privately funded, multibillion-dollar investment that includes construction of a new enrichment plant. The project will add 2.1 million separative work units (SWU) of […] The post America’s Only Commercial Uranium Enricher Is Privately Building a New Plant Amid a Widening Nuclear Fuel Supply Gap appeared first on POWER Magazine.

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South Korea will triple its crude imports from Canada this year and boost LNG purchases from Canadian export projects in the coming years as the Asian economy looks to diversify energy supply amid the massive oil and gas supply shock in the Middle East. Canada and South Korea on Tuesday agreed to expand their commercial relationship in energy and natural resources during a meeting in Ottawa between Canada’s Minister of Energy and Natural Resources, Tim Hodgson, and Kang Hoon-Sik, the Republic of Korea’s Chief of Staff to the President…

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High curtailment rates and the national grid operator frequently rejecting renewable power have prompted BlackRock-backed Atlas Renewable Energy, one of the biggest solar power producers in South America, to halt $1 billion in planned investment in Brazil, the company’s chief executive Carlos Barrera told Reuters on Wednesday. “There’s at least … 1.5 gigawatts that we put on hold in Brazil, where we had planned to already start construction,” the executive told Reuters on the sidelines of the SNEC photovoltaic conference…

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Japan will spend an additional $19.4 billion to cushion the inflation blow to Japanese households resulting from the oil and gas export flow disruption in the Middle East. The package, approved by Prime Minister Sanae Takaichi this week, includes a $16-billion reserve fund specifically created for controlling energy commodity prices through additional subsidies, Bloomberg reported. The publication added that the fund will first be used to cap the price of gasoline at the pump. Reuters reported that the money for the additional budget would come…

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US sodium-ion (Na-ion) battery startup Alsym Energy and domestic manufacturing company Re:Build Manufacturing are partnering to develop commercial-scale battery cell manufacturing capacity in the US.

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