Vietnam May Back Off From Coal as Plants Get Harder to Build

(Bloomberg) — Follow Bloomberg on LINE messenger for all the business news and analysis you need. Vietnam may scale back a plan to boost coal’s role in its power generation as financial restrictions and local environmental concerns make it more difficult to build plants. The National Steering Committee for Power Development has recommended eliminating about 15 gigawatts of planned new coal plan

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Could water solve the renewable energy storage challenge?

IIASA
Seasonally pumped hydropower storage could provide an affordable way to store renewable energy over the long-term, filling a much needed gap to support the transition to renewable energy, according to a new study from IIASA scientists.

© Alin Neamtu | Dreamstime.com

© Alin Neamtu | Dreamstime.com

Seasonal pumped hydropower storage (SPHS), an already established yet infrequently used technology, could be an affordable and sustainable solution to store energy and water on an annual scale, according to new IIASA research published in the journal Nature Communications. Compared with other mature storage solutions, such as natural gas, the study shows that there is considerable potential for SPHS to provide highly competitive energy storage costs.

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