Stanwell Corporation, Australia’s third-largest carbon emitter and Queensland’s largest power generator, has recently revealed plans to transition from fossil fuels to renewables, citing climate change and environmental risks. The plans include curtailing the output of its coal-fired power plants. There are currently three coal plants operating under Stanwell Corporation, including

In Mexico, the government has moved to seize more control of the electricity market, resulting in consequences for dozens of renewable energy projects worth more than $6 billion amid a significant economic crisis due to the COVID-19 pandemic. Energy companies stated on Friday that Mexico’s new rules for the operation

Borrowing from pumped hydro energy storage principles, a Swiss startup is building energy storage systems using concrete blocks and cranes instead of water and dams. The low cost innovation uses allows the storage of excess energy by using it to power cranes to lift massive concrete blocks. When the energy

“With wind and solar farms sprouting up in more areas — and their power getting priority to feed into the grid in many places — the amount of electricity being generated is outstripping demand during certain hours of the day. The result: power prices are slipping to zero or even