Commodity Inside covers a roundup of key market news covering Power infrastructure, batteries, lithium ion batteries, electricity news, blockchain in power and energy, microgrids, renewable etc.
World’s first grid scale liquid air energy storage (LAES) plant launched
Monday, 11 June 2018
The UK firm Highview Power launched the world’s first gird scale Liquid Air Energy Storage (LAES) plant, with 5MW/15MWh energy storage capacity at Bury, UK. The LAES plant is developed in partnership with recycling and renewable energy company Viridor with over £8 million (~$10.6 million) funding from the UK government. The plant is a pilot
- Published in Energy
Green for Growth Fund (GGF) to co-finance Serbian wind energy sector at its inception
Friday, 08 June 2018
GGF announced to provide about $37.6 million to Serbia for developing large scale wind power plants to help diversify the country energy sector and reduce emissions. The funds will co-finance the 42 MW Alibunar wind farm and the 158 MW Čibuk 1 wind farm. It is expected that these projects will reduce the emissions by
- Published in Energy
Power theft and lack of proper energy policies are primarily responsible for power outages in South Asia
Wednesday, 06 June 2018
Power outages are very common in South Asia, particularly in small cities and rural areas. It is caused due to insufficient power generation capacity, poorly managed infrastructure and underfunded electricity generation capacity. The inconsistency and the lack of a serious government action plan also compounded the situation. Some countries do not have clear long-term policies
- Published in Energy
The Global Wind Energy Market Outlook 2018-2028
Wednesday, 06 June 2018
The trend towards clean, affordable and reliable power remains one of the key drivers behind the growth in renewable energy. Unlike solar energy, wind power has a huge CapEx. So, to encourage private investors, governments around the world have been providing subsidies and incentives. The strict environmental regulations also supported the market, particularly in matured
- Published in Energy
AK Steel makes technical advancements to help improve its share in the grain oriented electrical steel market
Monday, 04 June 2018
AK Steel launched a new family of high-permeability grain oriented electrical steel (GOES), which is specially designed for high- and ultrahigh-voltage transformers. The company disclosed that its new TRAN-COR X family of grain oriented electrical steel is a step improvement over its current TRAN-COR H steels. It is expected that the new grade steels will
A Strategic Outlook for the Global Lithium-ion Batteries Market to 2028
Wednesday, 09 May 2018
Electric vehicles have not just been revolutionising the automotive sector, but it is also reshaping the energy and materials sectors. One of the key components of the smooth running of electric vehicles is the rechargeable battery. So far lithium-ion battery has emerged the main beneficiary from this new trend. Li-ion batteries have been in use
- Published in Automotive, Energy
Implications of oil prices on the construction infrastructure in Saudi Arabia
Tuesday, 21 March 2017
Growing population pressure and falling oil prices have been forcing Saudi Arabia to diversify its economy and attract investment in non-oil related industries. This will require some huge investment in the country infrastructure. The government has already prepared a long term development plan called Vision 2030 which encompasses all major sectors including building infrastructure. A
- Published in Construction, Energy