Corre Energy

Corre Energy is at the forefront of developing and operating Long Duration Energy Storage #LDES projects and products, accelerating the transition to #netzero.

[Corre Energy @CorreEnergy]

The EU may miss their green hydrogen targets in 2023 due to complexity and uncertainty around regulation 📄

A lack of suitable green hydrogen production will hinder the decarbonisation of heavy industries and delay net zero.

Read more in the @FT 👇
https://t.co/2K70XJgJQZ

[Corre Energy @CorreEnergy]

Climate change and the energy crisis have highlighted that we need a global transition to renewable energy, now.

Long Duration Energy Storage will play an important part.

Read our article on why there's a strong investment case for #LDES here 👇
https://t.co/RTKE1Vxl7Q

[Corre Energy @CorreEnergy]

⚡️ The new European Energy Storage Coalition has launched! ⚡️

The organisation’s aim is to advocate for better energy storage policy, regulation and market design.

Read more about the new Coalition here 👇

https://t.co/V3Tk0BB88M

[Corre Energy @CorreEnergy]

The 🟩Green Hydrogen Hub🟩 will be the first ever project to commercially combine:

❇️Large-scale hydrogen production
❇️Underground hydrogen storage
❇️Compressed Air Energy Storage

Read about what the groundbreaking project means for energy in Denmark: https://t.co/cm3A0tUhBe

[Corre Energy @CorreEnergy]

This is another step forward in the push for increased energy storage capacity in Europe, increasing flexibility, advancing decarbonisation objectives, and saving money.

Follow @CorreEnergy for more updates 📩

[Corre Energy @CorreEnergy]

The European Parliament has overwhelmingly backed #EnergyStorage as a vital part of Europe's future energy system🇪🇺

In the Strasbourg debate, MEP Maria da Graca Carvalho highlighted how energy storage can act as a catalyst for the deployment of renewable energy ⚡️

[Corre Energy @CorreEnergy]

We’re excited to be attending ‘The Storage Way: More Flexibility to Decarbonise Europe’ launch today ⚡️🔋

Martha Marriner, our head of Regulatory and Public Affairs at @CorreEnergy, is on the ground in Brussels.

Please come and say hello if you are attending too!

[Corre Energy @CorreEnergy]

#Fitfor55 is the EU's plan to cut 55% of emissions by 2030.

In April, a new package of policies was approved by the European Parliament, including:
📈 EU Emissions Trading Scheme
🌍 Carbon Border Adjustment Mechanism
👨‍👩‍👧‍👦 Social Climate Fund

Read more👇
https://t.co/sMuQDw8wnM

[Corre Energy @CorreEnergy]

Have you heard about LionLink? 🦁🔗

It's the new 1.8GW undersea electricity cable that will link the Netherlands, the UK, and North Sea wind farms.

Read about how it's set to strengthen our energy infrastructure and move away from fossil fuels 👇

https://t.co/10L8zbeBEH

[Corre Energy @CorreEnergy]

“Storage is the centrepiece for building a decarbonised, flexible and cost-effective energy system.” – @KadriSimson, @EU_Commission's commissioner for energy.

We agree - energy storage is absolutely central to decarbonisation ⚡️

Read more here 👇

https://t.co/hiCxTTYQGp

[Corre Energy @CorreEnergy]

There is considerable diversity in the type of energy storage needed globally. 🔋⚡️

Many different types of #LDES will be needed to balance fully renewable grids, but Compressed Air Energy Storage will be especially key.

Read more about #CAES 👇
https://t.co/MHfdGr1AkR

[Corre Energy @CorreEnergy]

Electricity grids are crucial to the future of green energy systems. 🔌💚

However, underinvestment threatens to stall new renewable and storage projects, slowing progress towards net zero.

Read more in @TheEconomist here 👇
https://t.co/CzBG1grrer

[Corre Energy @CorreEnergy]

Canada has announced a new tax credit plan for renewable energy and energy storage projects ⚡️

Tax credits of 30% will be in place for renewable energy and storage projects, aiming to accelerate the decarbonisation of the energy grid.

More 👇
https://t.co/K1slrLd0zs

[Corre Energy @CorreEnergy]

Fantastic to see the benefits of Long Duration Energy Storage (#LDES) discussed in the @MLCleaningUp podcast 🎙️

#CAES and hydrogen storage were recognised as the most crucial storage types to deliver decarbonised energy systems 🌍

Listen here 👇
https://t.co/2RXm2Vkgl3

[Corre Energy @CorreEnergy]

Compressed Air Energy Storage is a vital technology to help decarbonise our energy systems. ⚡️

As one of the cheapest and longest duration forms of storage, it has much potential to help transform the grid.

Read about our #CAES projects 👇

https://t.co/Uwyyvsqhxc

[Corre Energy @CorreEnergy]

Last week, Hans-Åge Nielsen shared an overview of our ongoing projects in Denmark and the Netherlands at an event hosted by Energy Research Accelerator.

If you’re interested in finding out more, and learning about the potential for LDES look here 👇
https://t.co/gLZfCehod1

[Corre Energy @CorreEnergy]

Long duration energy storage is a great investment opportunity. Here’s why:

📄Favourable policy environment (#REPowerEU and #InflationReductionAct)
📈Market growth as predicted by @McKinsey
✅Strong ESG credentials

Why you should invest in #LDES 👇
https://t.co/RTKE1Vxl7Q

[Corre Energy @CorreEnergy]

The @EU_Commission has recently released recommendations on energy storage⚡️

The recommendations emphasise the importance of flexibility, the design of the network, and the need for long-term visibility in relation to #EnergyStorage.

More here 🔗
https://t.co/Kxs32nRlcz

[Corre Energy @CorreEnergy]

⚡️ Energy security is one of the biggest challenges of our time.

Long Duration Energy Storage (#LDES) will play an important role in balancing intermittency and supply issues for the grids of the future.

Read about the potential for LDES here 👇

https://t.co/gLZfCehW2z

[Corre Energy @CorreEnergy]

Last month, we confirmed Corre Energy’s move to expand operations into the US and Canada. 🇺🇸🇨🇦

Recent policy incentives for energy storage projects, via the #InflationReductionAct, have provided us a unique opportunity to grow.

Read more here👇
https://t.co/beBU8oikCQ