March 1 Green Energy News

Headline News:

  • The Hawaiian Electric Co and technology service company Stem Inc have successfully tested nearly 1 MW of energy storage systems at 29 commercial sites on Oahu, the companies said. The system is a “virtual power plant,” controlled by computer. It is providing better real-time grid operations, according to HECO. [POWER magazine]
Yes, this is a power plant. (Courtesy: Stem Inc)

Yes, this is a power plant. (Courtesy: Stem Inc)

  • A study published by the Australian National University claims that pumped hydro storage could be used to help build a secure and cheap Australian electricity grid with 100% renewable energy sources. The 100% renewable energy grid would rely primarily on wind and solar PVs supported by off-river pumped hydro storage. [CleanTechnica]
  • The Spanish government said it will pay €600 million ($633 million) annually to renewable and cogeneration power plants as it seeks to reassure investors and revive its comatose clean energy industry. The country guarantees a “reasonable yield of 7.4 percent,” the Ministry of Industry, Energy and Tourism said in an e-mailed statement. [RenewEconomy]
  • China has managed to reduce its coal consumption for a third straight year as the energy-hungry country struggles to reduce its dependency on the heavily polluting fuel. According to a report from the National Bureau of Statistics, coal consumption fell by an annual rate of 4.7% in 2016. Coal production fell even more, by 9%. [Press TV]
  • Vermont Electric Power Co and IBM announced a new venture that will have the computing giant analyzing weather and electric meter data to anticipate conditions on the grid as increasing reliance on wind and solar energy makes that important. The effort is predicted to save Vermonters money, possibly through smart grid technology. []

For more news, please visit geoharvey – Daily News about Energy and Climate Change.

March 1 Green Energy News posted first on Green Energy Times

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