Global Electricity Investments to Reach $1.5T by 2025

🌏 Australia is proving that a 100% renewable grid isn’t just a dream — it’s a destination. As detailed in Canary Media Inc.’s latest article, the Australian Energy Market Operator (AEMO) is leading the charge toward a coal-free future, powered by wind, solar, storage, and smart grid technologies. But as coal plants retire, we face a new challenge: how to maintain grid stability without the spinning mass of traditional generators. That’s where synchronous condensers come in — and I’m proud that ABB is playing a key role in delivering this critical infrastructure. These “rotating machines” provide essential system services like inertia, voltage support, and fault current, acting as the shock absorbers of a modern, renewable-powered grid. This is a powerful example of how engineering innovation is enabling the energy transition — not just in Australia, but globally. #ABB #SynchronousCondensers #EnergyTransition #GridStability #Renewables #Australia #CleanEnergy #EngineeringExcellence #PoweringProgress

Construction has commenced on a crucial expansion of a gas turbine test facility near Berlin. This work marks a significant stride in the “Mission H2 Power” collaboration—a multi-million pound joint effort by SSE Renewables, Siemens Energy, and Equinor—aimed at developing cutting-edge turbines that can run entirely on 100% hydrogen. Hydrogen is set to be a key pillar of the future energy landscape. The UK government recognizes that new power stations capable of using hydrogen are essential for security of supply, reducing emissions, and providing flexible backup for intermittent renewable energy sources. SSE is taking a lead role in developing this next generation of power technology. https://lnkd.in/d5ZXj89z #greenhydrogen #greenh2 #greenfuture

New forecasts predict renewables will be the world's "top power source" by 2026. https://lnkd.in/gF3muz_4 #Sustainability #Climate #ClimateJustice #Renewables #RenewableEnergy #KeepItInTheGround #CleanEnergy #Motivation

Grid planners and market operators argue that renewable energy is repeatedly chosen by electricity markets because it is often the lowest-cost option when dispatched, thanks to free fuel (sun, wind) and relatively low operating costs. Automated markets evaluate all bids across diverse resources and select the cheapest feasible ones in real time, without “favoring” renewables. Despite the intermittency of solar and wind, advances in forecasting, storage, and portfolio design allow renewables to play a flexible, integrated role in the grid alongside firm generation to maintain reliability. https://lnkd.in/desDUzV3 #renewables #power #energy #wind #offshore #onshore #solar #bess #hydropower #floating #nuclear #geothermal #efficiency #transition #sustainability #circular #economy #esg #clean #decarbonization #electrification #climate #hydrogen #mobility #greensteel #ammonia #transportation #storage #fuelcell #smartgrid #der #powersystem #generation #transmission #distribution #electricity #machines #drives #sensors #iot #education #engineering #innovation #entrepreneurship #creativity #technology #digitalization #cybersecurtity #metering

𝗔 𝗡𝗲𝘄 𝗥𝗲𝗽𝗼𝗿𝘁 𝘀𝗵𝗼𝘄𝘀 𝗦𝗼𝗹𝗮𝗿 𝗣𝗩 𝗮𝗰𝗰𝗼𝘂𝗻𝘁𝗲𝗱 𝗳𝗼𝗿 𝟳𝟬% 𝗼𝗳 𝗻𝗲𝘄 𝗴𝗹𝗼𝗯𝗮𝗹 𝗽𝗼𝘄𝗲𝗿 𝗰𝗮𝗽𝗮𝗰𝗶𝘁𝘆 𝗶𝗻 𝟮𝟬𝟮𝟰 Solar energy continues to lead the global renewable transition, with solar PV representing 70% of all new power capacity added in 2024, according to a new report from IEEE. 𝗞𝗲𝘆 𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: • Record installations in China (278GW) and the US (38GW) drove total global PV capacity to over 2TW, with China alone responsible for 1TW • Solar contributed 6.8% of global electricity generation in 2024 • When combined with wind, hydro and nuclear, low-carbon sources provided 40% of global electricity last year • Grid-scale battery energy storage systems (BESS) surged to 126GW, surpassing pumped hydro capacity in the US for the first time The report shows how solar’s rapid growth, paired with energy storage innovation, is reshaping the global electricity mix. While fossil fuels still dominate generation, renewables are increasingly meeting new demand driven by industrialisation, electrification and AI-powered technologies. As solar and storage sectors accelerate, organisations require specialists in renewable energy, engineering, and sustainable infrastructure to support continued expansion and innovation. Allen & York connect businesses with the talent powering the clean energy transition. Get in touch at hello@allenyork.com to strengthen your renewable energy team. Source: https://lnkd.in/dUY72Sp8

In 2024, a groundbreaking 585 GW of new renewable capacity was globally added, with solar PV contributing around 452 GW, representing nearly 78% of this remarkable expansion. The rapid growth signifies a significant shift towards decarbonization as clean technologies become more economically viable and policy regulations intensify within the power utility sector. The transition from a traditional system reliant on large, centralized thermal assets to one embracing decentralized, variable generation prompts essential inquiries. Factors such as the energy mix, grid reliability, the pace of transition, financial investments, the role of the private sector, and other critical aspects come into focus as the industry evolves towards a more sustainable future. #decarbonization #renewable #energy #transition #sustainable https://lnkd.in/djwaJk5K

🌍 Renewables are rising fast but are power systems ready for what comes next? In the first half of 2025, renewables generated more electricity than coal globally (Ember). And according to the International Energy Agency (IEA), almost 4,600 GW of new renewable capacity will be built by 2030. 🧐 The challenge in the energy transition seems to be shifting from how much we build -> to how well we integrate. 🇫🇮 Finland as a case study (see graph below): In just a decade, fossil fuels in Finland’s power mix fell from 26 % → 5 %, while wind surged. Impressive, but this success was supported by unique advantages: ✔ Stable electricity demand ✔ Strong hydropower and new nuclear (Olkiluoto 3) ✔ Interconnections to Nordic and Baltic markets Finland shows what’s possible, yet a previous Wärtsilä–AFRY study (https://lnkd.in/dNBc_xc8) found that even here, reaching 100 % CO₂-neutral electricity will require new firm and flexible capacity to handle dark, cold and low-wind years. ⚡ By 2030, 21 countries will reach Phase 3 of VRE integration (IEA), where renewables begin driving system operations. So, it's clear that renewables are leading the energy transition - but flexibility will determine whether it works. What flexibility looks like will vary by country and context, and will likely rely on a mix of solutions, including: 🔋 Energy storage – from batteries to long-duration storage ⚙️ Fast-start, flexible thermal generation – firm capacity that can ramp up when wind and solar drop 🔥 Heat storage and sector coupling – using excess electricity to decarbonize heating and industry 📊 Market design that values flexibility, not just megawatts – rewarding availability, ramping, and system services #EnergyTransition #Flexibility #IEA #Wärtsilä #Finland #Renewables

There is no silver bullet for tackling global emissions challenges. But by leveraging a portfolio of proven technologies and harnessing the power of digital to drive efficiency, we can deliver a sustainable energy future. This article in Energy Connects lays out a clear case for diversification - balancing renewables, cleaner traditional sources, and emerging technologies like hydrogen and CCUS. It’s not about chasing hype. It’s about deploying what works, where it works. That’s why Baker Hughes is investing in everything from geothermal systems to LNG-powered data centers and ammonia-fueled marine transport. This is disciplined innovation. And it’s exactly what the energy sector needs right now. If you're interested in the future of energy, this is worth a read. #WeAreBakerHughes #Energy #SustainableEnergyDevelopment #LNG

🌞 Solar Energy Makes History: A Milestone for Europe's Green Future June 2025 marked a historic turning point for renewable energy in Europe. 👉 For the first time ever, solar energy became the EU's primary source of electricity, accounting for 22% of total generation—surpassing nuclear (21.6%), wind (15.8%), and natural gas (13.8%). This achievement reflects a broader trend of accelerating renewable energy adoption across the continent. In Q2 2025, 54% of EU electricity came from renewable sources, up from 52.7% in the same quarter of 2024. Solar energy alone generated 122,317 GWh during this period, representing nearly 20% of the EU's total electricity mix. 🧐 What This Means for the Industry? This historic milestone validates what we have known for years: solar energy is not just the future—it's the present. As a experienced manufacturer we're proud to be part of this energy transformation. The surge in solar adoption creates tremendous opportunities for: 🔸 Photovoltaic farm developers seeking reliable mounting solutions 🔸 Industrial and commercial facilities looking to reduce energy costs 🔸 Countries accelerating their net-zero commitments 💡 Contact us to learn how we can support your next solar project: https://lnkd.in/dWiNTY9P #SolarEnergy #RenewableEnergy #CleanEnergy #SolarPower #EnergyTransition #Sustainability #GreenEnergy #Photovoltaics #PVStructures #SolarMounting #NetZero #ClimateAction #EuropeanGreenDeal #GreenFuture #PGGroup

In honour of this week’s launch of IEA’s newest renewables report, let’s take a trip down memory lane ... to IEA’s World Energy Outlook 2002. As you can see from this graph, the prediction some 20+ years ago was that the world would build around 5000 GW of generation capacity between 2000 and 2030. Roughly 80 % of it would be fossil.  If we then fast forward to the newest predictions from 2025, the picture couldn’t be more different. They show that 4600 GW of new renewable capacity will be added over the coming five years alone!  Renewables surpassed coal in global electricity generation for the first time this year.   This is a reminder that even though the energy transition is predicted to go a bit slower than what we thought a few years ago, it is still very much moving forward (and actually still accelerating). And it has already surpassed anything the researchers and analysts could have dared to dream of in our not so distant past.