Geothermal Costs, Spain's Energy Storage, and Key Solar and Wind Milestones in Africa
The episode begins with a welcome to The Clean Energy Daily Brief, introducing key discussions on geothermal energy costs and Spain's strategic investment in energy storage. The focus then shifts to wind energy, highlighting the financing of the Prosperity Wind project and WEC Energy's significant loan guarantee. Convergent Energy's new financing efforts and NERC's updated grid reliability standards are examined. In solar energy, Doral's solar-storage plant and Masdar's Zarafshan wind farm are explored, alongside AMEA Power's solar and wind milestones in Egypt and Uzbekistan. A sponsorship segment by Mitsubishi UFJ Financial Group follows, concluding with AfDB's green equity commitment to African climate initiatives.
Key Points
- Geothermal energy costs could plummet by 80% by 2035 due to advancements in drilling technologies and increased investments in enhanced geothermal systems.
- Spain invests EUR 156.4 million in energy storage advancements to bolster its renewable energy infrastructure and address intermittency issues with solar and wind power.
- Apex secures financing for a 300-Megawatt Prosperity Wind project in Illinois, which will generate enough electricity to power approximately 100,000 homes annually.
Speakers
Michelle
Host • 100%
Chapters
| 0:00 | |
| 0:11 | |
| 2:41 | |
| 4:12 | |
| 8:17 | |
| 12:29 | |
| 16:08 | |
| 16:38 |
Transcript
Loading transcript...