Hybrid renewables are playing a strategic role in accelerating the decarbonisation of power generation and supporting the Paris Agreement and the United Nations Sustainable Development Goals (SDGs), as well as supporting the UK’s net zero by 2050 ambition and its interim emissions reduction of 78% by 2035. Consultant Peter Lo of ITPEnergised discusses the UK’s emergence into the hybrid energy sector and how it is better for our planet, better in the economics and better for offtake.
Google will procure energy from a US$600 million portfolio of renewables and energy storage assets specially-designed to enable the search engine company’s data centres in Virginia to run on 90% carbon-free electricity.
Two large-scale pumped hydroelectric energy storage projects under development in the US have been acquired by fund management company Copenhagen Infrastructure Partners (CIP).