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The combined company would serve around ten million customer accounts and operate more than 110GW across four fast-growing US states.
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The companies will test large-scale CAES in Nobian’s salt caverns to support Denmark’s renewable energy grid.
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The project ultimately aims to deliver a total of 2.5GWdc of solar capacity and 2.9GWh of battery storage.
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The new plant is designed to produce up to 23,000t of renewable hydrogen per year using a 140MW electrolyser.
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Grid-scale batteries have moved beyond proving their value. As markets mature, competitive advantage is moving away from simply deploying capacity and towards executing projects better, from securing grid access to managing revenue risk and navigating a more demanding supply chain.
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The energy sector knows how to price delays caused by planning, grid connections and supply chains. It is less used to treating cybersecurity as a factor in project delivery. As power systems become more digital and decentralised, that distinction is becoming increasingly difficult to sustain.
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Fully automated factories promise lower operating costs and greater manufacturing resilience. Their real significance for the energy transition may not be the energy they save, but the economics they could change.
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This episode of Energy Technology reviews which power generation technologies and regions are shaping the energy transition investment landscape through 2030.
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