[Huaneng Lingao 600MW Sea Breeze project started!]On December 5, Huaneng started construction on Lingao Offshore Wind Farm, Hainan's first offshore wind power project, which is planned to install 600,000 kilowatts and will be fully completed by 2024. At the commencement ceremony, Deng Jianling, general manager and deputy secretary of the Party Group of China Huaneng Group Co., LTD., and relevant leaders of Hainan Provincial Party Committee and provincial government and heads of relevant departments jointly laid the foundation for the project. Huaneng Lingao offshore wind power project is one of the "14th Five-Year Plan" construction and production projects approved by the National Energy Administration in the "Hainan Offshore Wind Farm Project Planning", and is also one of the "14th Five-Year Plan" offshore wind power demonstration projects in Hainan Province. The project is located in the northwest sea area of Lingao County, Hainan Province. After completion, it can provide nearly 1.9 billion KWH of green electricity to Hainan every year, which is equivalent to saving 560,000 tons of standard coal and reducing 1.56 million tons of carbon dioxide. It has significant economic, social and environmental benefits, and is of great significance to the construction of Hainan's clean energy island and the extension and development of offshore wind power industry chain. Editor/Xu Shengpeng
The latest simulation study shows that the Australian national electricity market can achieve nearly 100% renewable energy supply with only 24 gigawatts/120 gigawatt hours of energy storage, of which renewable energy accounts for 98.5% and the remaining 1.5% is supplemented by other energy sources. This simulation is based on actual electricity data since August 2021, scaling wind and photovoltaic power generation to 60% and 45% of annual demand, respectively, and utilizing existing hydropower synergy balance. The estimated power supply cost is $126 per megawatt hour, which is equivalent to the wholesale electricity price level in the past five years.Editor/Yang Meiling
In 2025, the EU will add 27.1 gigawatt hours of battery energy storage capacity, a year-on-year increase of 45%, setting a historical record. Since 2021, the total scale of energy storage in the European Union has surged from 7.8 gigawatt hours to 77.3 gigawatt hours, an increase of nearly tenfold. The report points out that public utility scale projects have become the main force, accounting for 55% of the annual new installed capacity, indicating a significant shift in market structure. To meet the energy flexibility needs by 2030, the EU needs to increase its energy storage capacity tenfold to approximately 750 gigawatt hours to support large-scale integration of renewable energy.Editor/Yang Meiling