Tag: transmission infrastructure

Australia reviews grid planning: AEMC’s recommendations to foster investment 

Australia is moving apace to meet its net zero target by 2050. The country’s policymakers and regulators are extensively reviewing the existing regulatory framework to make sure it is flexible enough to support the ongoing energy transition. Since transmission is an important enabler in this process, the Australian Energy Market Commission (AEMC) recently published its recommendations in its draft report on ‘Transmission Planning and Investment Review (Stage 2).’

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Chile Decarbonisation Plans: Focus on grid modernisation and digitisation

Chile has set a target of providing carbon neutral electricity by 2050 and aims to retire its 28 installed coal projects with a cumulative capacity of over 5,529 MW by 2040. As per PELP, 81.6 GW of new generation capacity will be added during 2022–50, entirely based on renewables, including 6.6 GW of storage capacity. However, the withdrawal of coal-fired plants and insertion of renewables bring several challenges for the grid.

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US renewable goals: EIPC’s white paper endorses holistic transmission plan

This white paper, which includes contributions from several grid operators including the Midcontinent Independent System Operator (MISO), PJM Interconnection, Southern Company, Duke Energy and Tennessee Valley Authority, focuses on the lessons learned through experience and studies of future conditions as they relate to the planning and operations of systems with a high penetration of renewables.

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Indian government sanctions 23 new ISTS projects worth Rs 158.93 billion

The Indian union minister of power and new and renewable energy has sanctioned new 23 Inter-State Transmission System (ISTS) projects with an estimated cost of Rs 158.93 billion. The new ISTS projects include 13 projects with an estimated cost of Rs 147.66 billion to be developed under tariff-based competitive bidding and 10 projects with an estimated cost of Rs 11.27 billion to be developed under a regulated tariff mechanism.

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Clean Energy Transmission in the United States

Strengthening the transmission Investment Tax Credit (ITC) could further modernize our electricity infrastructure and rapidly deploy renewable energy. The factsheet “Clean Energy and Transmission” by Solar Energy Industries Association outlines the impact that lowering the threshold of the transmission ITC would have on clean energy deployment in the U.S.

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Building a Better (and Cleaner!) Electric Grid in the US

Building 22 new transmission lines and operating them for the next 50 years could lead to total emissions reductions of about 6.4 billion tons of carbon dioxide, which is roughly equal to the total yearly amount of greenhouse gas emissions for the entire U.S. In other words, building just key transmission projects would enable a massive cut in greenhouse gas emissions. To paraphrase President Biden, that’s a very big deal.

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UAE’s Power Sector: Transitioning to a clean and smart grid

United Arab Emirates’ (UAE) power production has long been driven by hydrocarbons. However, in recent years, the country has been focusing on clean power in a bid to cater to its ever-growing power demand and to save costs associated with it. These goals are clearly reflected in the UAE’s Energy Plan for 2050, which was announced in 2017. The Energy Plan envisages the production of 44 per cent of power from renewables, 6 per cent from nuclear, 12 per cent from clean coal and the rest from natural gas by 2050.

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Indian Energy Exchange announces cross-border electricity trade across South Asia

The Indian Energy Exchange (IEX) has introduced cross-border electricity trade (CBET) on its platform. The initiative is a step towards building an integrated South Asian regional power market. Nepal was the first country to avail the benefit of buying day ahead power from the power exchange through NVVN Limited. It was also reported that increased efforts will be made to improve power trade in Bhutan and Myanmar in the future

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TenneT to invite bids for development of grid network for offshore wind projects in Germany and Netherlands

Dutch transmission systems operator, TenneT has announced that it will launch tenders for the development of grid connections with a transmission capacity of 2 GW. The project will ensure supporting infrastructure for the upcoming offshore wind projects in Europe. Under the first tender, transmission infrastructure for at least two projects will be developed in the Ijmuiden Ver wind area in the Netherlands which will be operational in 2028 and 2029. The following tenders will cover the BalWin 1 which will be operational in 2029 and also the BalWin 2 and BalWin 3 which will be operational by 2030.

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Australia-based AMP Capital and Sterlite Power partner to improve transmission infrastructure in India

Australia-based investment manager AMP Capital and Sterlite Power, a power transmission infrastructure developer in India will invest $150 million each to develop four transmission projects in the country; and also bring in debt financing with a total capital outlay of about $1 billion. The transmission projects will help in the evacuation of power from renewable energy projects.

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World’s first hybrid offshore interconnector inaugurated in Baltic Sea

Electricity system operators 50Hertz (German) and Energinet (Danish) have inaugurated a hybrid offshore interconnector, the Combined Grid Solution (CGS), to integrate both German and Danish offshore wind farms. This is the first such project of its kind worldwide and is being implemented in the Baltic Sea, connecting two offshore wind substations to each other as well their existing onshore connections.

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America Needs a Modern Electric Grid

While recent years have seen an uptick in transmission investments, the American Society of Civil Engineers estimates an investment gap of $35.4 billion between now and 2039. If we do nothing, consumers will continue paying for an electric grid that is balkanized, antiquated, inefficient, and increasingly unreliable.

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