Wednesday, 09 December 2020
December 9, 2020 - Nearly all forecasts predict that most of the electricity produced in the world will be from intermittent solar and wind resources by 2050. While wind and solar plants currently make up 18% of the world’s installed electric power capacity this number is expected to grow to nearly 70% by 2050 (Figure 1). Although some new solid fuel, hydro and nuclear plants will be built over this same period, an equal amount is expected to be retired, effectively keeping their net contribution to the world’s power capacity at about the same level as today.
Highview Power announces first commercial CRYOBattery facility; £10 million grant from UK government validates SHI investment in technology
Thursday, 18 June 2020
June 18, 2020 - By leveraging our technological strengths and global execution experience, we are bringing Highview Power's cryogenic energy storage technology to the market along with other innovative solutions by which SFW aims to lead the energy sector toward a cleaner future.