Power sector news

Here are some recent news updates from the power sector:

Renewable Energy

  1. India sets new record in renewable energy capacity addition: India added a record 12.5 GW of renewable energy capacity in 2020, taking its total installed capacity to 92.5 GW. (Source: Ministry of New and Renewable Energy, India)
  2. US solar power capacity reaches 100 GW: The US has reached a milestone of 100 GW of solar power capacity, with solar energy generation increasing by 23% in 2020. (Source: Solar Energy Industries Association, US)
  3. China's wind power capacity surpasses 300 GW: China's wind power capacity has surpassed 300 GW, making it the world's largest wind power market. (Source: National Development and Reform Commission, China)

Grid and Transmission

  1. India's power grid to get a boost with new transmission lines: India is planning to add 15,000 km of new transmission lines to strengthen its power grid and improve power supply. (Source: Power Grid Corporation of India, India)
  2. US grid resilience gets a boost with new cybersecurity measures: The US Federal Energy Regulatory Commission (FERC) has introduced new cybersecurity measures to improve the resilience of the US power grid. (Source: Federal Energy Regulatory Commission, US)
  3. Australia's grid to get a makeover with new transmission infrastructure: Australia is planning to invest AU$10 billion (US$7.2 billion) in new transmission infrastructure to improve the reliability and efficiency of its power grid. (Source: Australian Energy Market Operator, Australia)

Energy Storage

  1. Global energy storage market to reach 1.4 GW by 2025: The global energy storage market is expected to reach 1.4 GW by 2025, driven by increasing demand for renewable energy and grid stability. (Source: Wood Mackenzie, UK)
  2. US energy storage market to reach 10 GW by 2025: The US energy storage market is expected to reach 10 GW by 2025, driven by declining costs and increasing demand for renewable energy. (Source: BloombergNEF, US)
  3. South Korea to invest in energy storage to reduce greenhouse gas emissions: South Korea is planning to invest in energy storage technology to reduce its greenhouse gas emissions and improve the reliability of its power grid. (Source: Ministry of Trade, Industry and Energy, South Korea)

Nuclear Energy

  1. France's nuclear power output falls due to maintenance issues: France's nuclear power output has fallen due to maintenance issues at several reactors, leading to concerns about energy security. (Source: EDF, France)
  2. US nuclear power industry faces challenges due to declining demand: The US nuclear power industry is facing challenges due to declining demand and increasing competition from renewable energy sources. (Source: Nuclear Energy Institute, US)
  3. Russia's nuclear power capacity to increase with new reactors: Russia is planning to increase its nuclear power capacity with the construction of new reactors, including the world's largest nuclear power plant. (Source: Rosatom, Russia)

These are just a few of the latest news updates from the power sector. If you'd like to stay up-to-date with the latest news and trends, feel free to ask me for more information!