Energy China invests £2.73bn in Mongolia integrated project
China Energy Engineering Group (Energy China) has signed a framework agreement with Erdos city government in Inner Mongolia to set up an integrated energy base, representing a total investment of £2.73 billion.
The project will add 1GW wind power generation capacity and 5GW of solar capacity on top of the already planned 8GW from coal-fired power plants in the city, according to a statement issued by the state asset watchdog SASAC, and reported by Reuters.
Energy China also plans to build some electricity storage facilities to go alongside the integrated energy project but has not disclosed more details.
“Once launched, the integrated energy project will generate around 33 billion kilowatts-hours electricity each year, among which more than 41 percent is expected to come from renewable sources,” says the SASAC statement.
Amid a renewable energy boom and insufficient power carrying capacity from grids, China’s government is encouraging energy companies and local governments to add power storage facilities when building new solar and wind power projects, so as to improve the stability and flexibility of the country’s power grid.
At a United Nations summit earlier this month, Chinese President Xi Jinping announced that China will boost its installed capacity of wind and solar power to more than 1,000GW by 2030, and increase the share of non-fossil fuels in primary energy consumption to around 25 percent during the same period.
In related news, China’s government says that it will fully lift access restrictions on foreign investment in coal, oil, gas, power generation – excluding nuclear – as well as the new energy businesses, a sector whitepaper claims.
Separately, a top energy official has told reporters that recent power shortages in some Chinese regions are singular cases, and that the country’s energy supplies, including power, are generally secure.
In November of this year, Energy China signed a framework agreement with Chongzuo city government, in the southern Chinese region of Guangxi, to invest £9.43 billion into a mega-sized city development project, including energy, transportation and mines restoration.
Awesense launches digital clean energy marketplace
Awesense has launched what it claims is the only energy-focused repository of solutions built to drive the industry's decarbonization agenda.
The Awesense Marketplace aims to provide a common framework for companies to collaborate towards the future of clean energy and digital transformation, uniting applications, solutions and algorithms to solve energy and grid challenges.
Solutions listed on the marketplace cover a range of cases, and launch companies include Doosan GridTech, Kitu Systems, vadiMAP, LO3 Energy, ENGIN, Utilidata, Clir Renewables, ChargeLab, SensorLink, Exeri, Easy SmartGrid, and Athena Power.
“We are welcoming a new era in the decarbonization of energy systems,” said Mischa Steiner, CEO of Awesense. “The goal of achieving a clean energy future requires collaboration amongst key industry players in the utilities and energy sectors. Sharing resources through the Marketplace means that our customers and partners have a truly seamless approach as we work towards our common goal - ultimately, decarbonizing the world’s energy system.”
Utilities, consulting companies, and other organizations struggle to develop solutions that can be scaled across many jurisdictions due to complex data integration and the lack of a standard, open data model. Using the solutions offered throughout the Marketplace, organizations can rapidly accelerate their transition to a decentralized, decarbonized future and develop solutions that are scalable across industry. The platform will open up new revenue streams in areas such as:
Distributed energy resource integration and control
Electric vehicle charging
Demand response and smart-home management
Intelligent asset management
Advanced distribution system management
The new marketplace builds on Awesense's Digital Energy Platform, a digital twin based energy analytics platform that allows utilities to scale at the same pace as the rapidly changing technology landscape of the energy grid.
Together, the Open Energy Data Model and the Awesense Marketplace removes hurdles around data mapping and transformation, expedites data preparation and refining, and provides a common framework for companies to collaborate.
“The energy-specific data model allows utilities, technology companies, consulting firms, and other vendors to build solutions that can be easily integrated by other energy companies, to make a real impact on the industry as a whole, and develop new revenue streams for their organizations” said Steiner. “We’re looking forward to seeing the Awesense Marketplace grow as more partners committed to energy decarbonization join us.”
There are no simple solutions to putting the world on a sustainable path to net-zero emissions, according to the IEA. Reducing global CO2 emissions will require "a broad range of different technologies working across all sectors of the economy in various combinations and applications." it notes.
Renewable Energy Hub of South Australia formed
Amp Power Australia has established the Renewable Energy Hub of South Australia, a strategic portfolio of large scale integrated Solar PV, Wind and Battery Energy Storage assets located in South Australia. The hub also includes the siting of the Spencer Gulf Hydrogen Energy Ecoplex, forming part of the South Australian Government's Hydrogen Action Plan.
The portfolio, acquired from EPS, includes three large Solar PV projects totalling over 1.3 GW of generation, located at Robertstown (636 MW), Bungama (336MW) and Yoorndoo Ilga (388MW) with a total BESS capacity of up to 540MW across the portfolio.
Amp's expansion in Australia will include the implementation of Amp X, a proprietary digital energy platform 100% owned by Amp, which provides a diverse portfolio of disruptive and interoperable grid edge solutions, and includes a smart transformer, which enables real-time autonomous management and optimised dispatch of all forms of distributed generation and loads across the grid.
Palmetto recently opened its marketplace in Arizona, and is now serving 20 states across the country, claiming its proprietary technology, marketplace business model, and consumer mobile application "are all designed to democratize access to clean energy".