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France electricity prices surge past €1,000/MWh

Wholesale electricity prices in France for the middle of winter surged above €1,000/MWh ($A1,540/MWh) after the operator of the world’s biggest nuclear fleet revealed more problems and more outages at its reactors.

Half of France’s 56 reactors are out of action due to scheduled or emergency maintenance measures. “The situation changed drastically this year when France swung from being one of Europe’s largest exporters of electricity to a net importer because of issues with its reactors.”–  Bloomberg

 

Energy Storage

Natural gas prices have been steadily climbing since last summer, with the war in Ukraine increasing the pressure. Combined with efforts against climate change, it’s never been clearer that the world needs to move towards renewables.

However, there’s an obvious problem – most forms of renewables don’t produce energy on demand. The power needs to keep flowing even when the wind doesn’t blow and the sun doesn’t shine.

The words ‘power storage’ might make you think of batteries.

 

Solar Plus Battery System

The sun shines when energy demand is lowest, which means your home can’t take full advantage of the benefits of rooftop solar without a way to store the excess power you generate. Complementing your solar system with a home battery gives you a way to harvest the excess clean power you produce daily for use when the sun goes down and when you actually need it.

Grand Gathering with ZRGP at All Energy 2022

October 26-27, 2022, Zhongrui Green Energy Technology with our partner Joule Power exhibited home energy storage systems and distributed energy storage at All Energy in Melbourne.

All-Energy Australia is the country’s largest and most anticipated clean energy event in Australia, which opens up a world of opportunities for industry suppliers and experts as well as those involved in renewable energy and energy storage sectors to expand business networks.

 

The ZRGP residential and commercial energy storage products were under the spotlight including wall-mounted battery 5.12kW, modular battery system 5.12-40.96kWh, the basic battery system, PowerBase FC, and lastly and most popularly, the All-in-one system PowerBase Max-X.

 

ZRGP

Since its establishment in 2016 ZRGP insists on innovation and has a more than 70-personnel R&D team, dedicated to providing you with safe, reliable, and flexible energy storage systems.PowerBase Max-X is the latest integrated energy storage system developed by ZRGP, which is a leap forward for ZRGP and also for the energy storage industry. All-in-one energy storage systems are gaining more and more attention in the market because of their many advantages, including convenience, efficiency, and safety.

 

During the exhibition, many installers and distributors showed strong interest in the integrated energy storage system Max-X, they were either attracted by its unique appearance or fell in love with its modular design.

 

Australia

With Australia planning to achieve net zero emissions by 2050, supportive government policies and government programs for the energy storage industry are expected to drive the energy storage systems market in Australia during the forecast period.

ZRGP, the energy storage expert, will continue to help smooth Australia’s transition to a clean energy future.