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In recent decades, renewable energy efforts in Liechtenstein have also branched out into solar energy production. Most solar energy is generated by photovoltaic arrays mounted on buildings (usually roofing), rather than dedicated solar power stations.
Energy production from renewables consisted of 27,71 % hydropower production (8,91 % imported and 18,80 % domestic), as well as 4,76 % produced domestically from solar energy. Liechtenstein's overall energy production from renewables consisted of 8,91 % imports and of 23,56 % domestic, non-export production.
Liechtenstein has used hydroelectric power stations since the 1920s as its primary source of domestic energy production. By 2018, the country had 12 hydroelectric power stations in operation (4 conventional/pumped-storage and 8 fresh water power stations). Hydroelectric power production accounted for roughly 18 - 19% of domestic needs.
Lawena Power Station is the oldest in the country, opened in 1927. The power station underwent reconstructions in 1946 and 1987. Today, it also includes a small museum on the history of electricity production in Liechtenstein. Samina Power Station, currently the largest of the domestic power stations, has been operational since December 1949.
Image: The recently launched 20MW solar energy plant in South Sudan. Credit: Ezra Group A public-private partnership in South Sudan has launched the country’s first major solar power plant and Battery Energy Storage System (BESS) in the capital Juba, where it is expected to provide electricity to thousands of homes.
The solar farm will have an attached battery energy storage system rated at 35MWh. The off-taker is the South Sudanese Ministry of Electricity, Dams, Irrigation and Water Resources, represented by South Sudan Electricity Corporation, the national electric utility parastatal company.
This power station is an attempt to (a) diversify the country's generation mix (b) increase the country's generation capacity and (c) increase the number of South Sudan's homes, businesses and industries connected to the national grid. The power station is reported to cost an estimated US$45 million to construct.
"South Sudan: Asunim and I-kWh join the Juba solar project (20 MWp)". Afrik21.arica. Paris, France. Retrieved 2 June 2022. ^ Carmen (9 February 2022). "Juba Solar PV Park, South Sudan". Power-Technology. New York City. Retrieved 2 June 2022. ^ a b Maria Gallucci (13 March 2020). "South Sudan Is Building Its Electric Grid Virtually From Scratch".
In Europe, there is a growing consensus amongst policymakers that energy storage is crucial to securing affordable and low carbon energy. In May 2022, European Union launched their REPowerEU plan, a part of the European Green Deal, which mandates that 45% of Europe’s energy generation needs to come from renewable sources by 2030.
SSE Renewables operates across the United Kingdom, Ireland, Continental Europe, and Japan. ENGIE UK is a utility company and Independent Power Producer (IPP) specializing in renewable energy generation, flexible energy storage, and energy supply solutions for businesses.
For short-duration energy storage assets, there are really three key revenue streams for energy storage assets in Europe. The first one is capacity payments, which have become a broadly implemented policy measure by governments to support system reliability and incentivize the installation of certain new power asset types.
In Europe, the capacity of renewable energy sources is growing very rapidly, while traditional power plants are slowly being decommissioned. That’s creating a unique new opportunity for investors amid the emerging demand for battery storage, which provides balance to electricity markets.
