Energy Vault said in a press release that its new technology combines physics fundamentals of potential and kinetic energy with a cloud-based software platform to operate a newly developed six-arm crane. The crane operation is automated and moves massive concrete bricks that provide the basis for the storage and discharge of electricity. 

The latest company born out of General Electric Co. expects sales of its industrial engines fired by natural gas to benefit from the spread of renewables such as solar and wind.

Obviously, the UK is a much smaller and more homogenous market than the United States, where energy policy is shaped to a large degree by state-level policy and market conditions. However, the UK does provide a significant model for accelerated change driven by a cohesive energy policy focused on rapid decarbonization in response to climate change. In addition to performance-based regulation, electrification of transportation is another top issue in the UK.

A collaboration has been launched to bring 2 GW of tidal energy to northern France.

The University of Oxford is to test the capabilities of a Virtual Private Wire Network (VPWN) to manage the energy use of 400 buildings currently linked together on a micro-grid via a private wire network.

The microgrid market is expected to reach $19 billion by 2024, nearly five times the original valuation of this business space in 2016.

A significant proportion of the UK’s energy assets will be in the hands of local communities within a decade.

Innovative floating tidal stream turbine off the coast of Scotland has proven that it can produce electricity safely and cheaply year round.

A major shift to Wind energy for Scottish Power who had previously closed its coal powered facilities and today agreed to sell a 2,566 megawatt portfolio to Drax consisting of gas, hydro and pumped storage assets.

Britain’s power market will need investment of 6 billion pounds ($7.9 billion) between now and 2030 in flexible generation and storage such as batteries to support the transition toward an economy that emits less carbon, a study showed.