Sector news
It seems that India in general has become more optimistic and vibrant over the past year, and this appears to also hold true in the energy sector. The country has a massive need for energy, both to fuel growth as well as to electrify rural areas that are poorly served and account for almost half of the population.… Read more
Sector news
Energy storage has been a hot topic for the microgrid sector and indeed much of the renewable energy sector for the past couple of years. Much of the cost reduction in batteries has been driven by the growing demand from electric vehicles, a market where Tesla has been an undisputed leader. Its success has been such that last year’s announcement of its planned battery Gigafactory seemed to be a catalyst for accelerating battery price reductions as well as a marker that lithium ion battery technology had secured it place as the leading battery technology. … Read more
Article
The oil price is still making the news in 2015 – initially because of its continued drop in January, and most recently because of the steep increase from the earlier lows. This volatility makes forecasting, costing and planning for projects that are directly or indirectly linked to oil prices challenging. As renewable microgrids typically displace diesel-based generation, the oil price assumptions are critical for the economics of these projects. However,… Read more