The global battery energy storage system (BESS) market is on a trajectory of impressive growth. Current estimates project the market to climb from USD 7.8 billion in 2024 to a staggering USD 25.6 billion by 2029. This substantial growth is fueled by several interlinked factors, including
Stan Atcitty, a Senior Scientist at Sandia National Laboratories, has been recognized for his groundbreaking work in rural electrification with the A.P. Seethapathy Rural Electrification Excellence Award, presented by the IEEE. This prestigious award highlights his exceptional contributions toward
The renewable energy sector has witnessed a significant development through the partnership between SeaTwirl, a Swedish floating wind turbine developer, and Serica Energy, an oil and gas operator. This collaboration aims to electrify offshore assets, playing a pivotal role in the global movement
Senior members of the National Infrastructure Commission (NIC) visited Biggleswade to observe the development of a significant power project designed to provide electrical networks for thousands of homes and businesses. This visit highlights the importance of developing reliable electrical
Serica Energy’s initiative to explore the potential of electrifying its offshore oil and gas operations with floating wind turbines heralds an exciting leap towards sustainable energy. This partnership with SeaTwirl, a pioneer in floating wind turbine technology, aims to assess the feasibility,
The journey towards global electrification is often viewed through the lens of renewable energy sources such as solar, wind, and hydroelectric power. However, a crucial component that underpins the entire electrification process is frequently overlooked—petroleum. Contrary to the popular belief