The media spotlight has fixed on the January 6 insurrection hearings in Congress, and rightfully so. Those responsible for that history-making event should be called to account for their actions. Nevertheless, the House and Senate still have the routine matter of the reconciliation bill to take up, which provides an opportunity to support federal clean energy policy, especially for solar power and energy storage. Their decisions will directly have an impact on hundreds of businesses, tens of thousands of working Americans, and the future of a livable climate on Earth.
SINGAPORE, July 13 (Reuters) – Singapore has set up its first battery energy storage system (BESS) to manage peak consumption at the world’s largest container transhipment hub. The project at the Pasir Panjang Terminal is part of an $8 million partnership between regulator, the Energy Market Authority (EMA) and PSA Corp, the government agencies said in a joint statement on Wednesday.
The acquisition of East Point Energy represents Equinor’s entry into the U.S. power market through flexible assets,” says Olav Kolbeinstveit, senior vice president for power and markets within Renewables at Equinor. “It will enable Equinor to further unlock the potential we see in the renewables space in the U.S., capturing value from volatility in the power markets and providing reliable services to the grid.
The Provincial Minister of Sindh for Energy, Imtiaz Shaikh has said that this initiative, which will be realised in two years, will help provide employment opportunities and keep a check on load-shedding. Pakistan has been going through it’s most severe power crisis in years thanks to failure to procure LNG to run its power plants, besides a complete failure to add enough renewable energy beyond Hydropower.