News Commentary | June 22, 2020
After announcing in 2019 it would invest nearly $1 billion in sustainable energy projects across APAC by 2021, ADB approved a loan of $300 million to state‑owned Geo Dipa Energi (GDE) to add 110 MW of geothermal power on Java. Indonesia has a geothermal potential of 29 GW and the second largest ... Not part of subscription
News Commentary | August 30, 2021
As part of an $80 billion recovery plan from an EU grant, the investment will enable better insulation, photovoltaic panels, and heat pumps for homes while also renovating government buildings and constructing new government‑funded housing. The investment will reactivate Spain's COVID‑19 economy, ... Not part of subscription
News Commentary | September 13, 2021
Although it is only about half of the $2.25 trillion Biden asked for, the $1 trillion U.S. infrastructure bill the Senate passed in August 2021 provides significant provisions for utilities, including direct payments from the federal government for producing clean electricity, broadly defined as ... Not part of subscription
by Patricia Seoane da Silva
With this investment, the U.S. Department of Energy (DOE) aims to boost the marine and hydrokinetics (MHK) industry while increasing the use of hydropower as a flexible grid resource. For this purpose, the DOE has identified the following areas of interest: quantitative evaluation of hydropower capabilities, development of advanced hydropower systems, and upgrade of testing resources for marine energy prototypes. Although the use of hydropower can compensate for intermittencies in the grid, clients should regard this and previous investments from the DOE in marine energy as a minor milestone for the sector. This technology still struggles with commercialization and should continue to be seen as a long shot.
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