Energy Video Week 3 July 2023; VW To Start Trading Electricity in Europe

1) Germany’s offshore wind lease bidding process yields 12.6 bn Euros ($13.8bn US), for 7,700 MW across four sites in the North and Baltic Seas. 

2) Province of Ontario to work with Ontario Power Generation in planning and licensing work on three more 300 MW GE Hitachi small modular nuclear reactors.

3) VW Group with its subsidiary Elli are first auto company to trade on German electricity market of Europe’s largest power exchange – Step 1 of plan to “anchor the growing storage capacities of electric cars and batteries in the energy system.”  

4) School bus maker Blue Bird rolls out latest e-school bus with a 196-kWh battery and warranty, allowing for double the amount of lifetime energy throughput at 360 MWh, especially for vehicle-to-grid applications. 

5) DTE Electric plans to shutter coal generation plants by 2032, three years ahead of earlier proposal, while adding 3,800 GW of renewables by 2030. billion. 

6) Exxon Mobil Corp to buy Texas-based oil and gas producer Denbury Inc for $4.9 billion, in part to acquire 1,300 mile Gulf Coast CO2 pipeline.  

7) Ameresco to build 379 MW of battery projects co-located at CA gas power plants owned by Middle River Power to optimize the gas plant efficiencies, cut emissions and increase capacity on California’s grid. 

8) Ameresco also announces series of battery projects with CO cooperative United Power totaling 78.3-MW and 313-MWh at eight substation sites coop’s electric distribution system.

9) In late June, two separate battery storage systems totaling 8 MW and 34 MWh ignited in Warwick, NY, a result of storm-related issues. 

10) San Diego starts construction on first of eight microgrids to support police and fire stations, and community centers, stabilizing electricity supplies for days during grid emergencies.