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Thursday, 3 September 2026

65 briefs so farlast update 18:52 UTC

Key points

  • Jefferies Ties 2 MMbpd Venezuelan Output Case to $100 Billion Investment Push.
  • Solar Overtakes Coal in China's Installed Capacity, With 1.286 TW on the Grid.
  • China's Oil Use Fell 9% in Second Quarter as Transport Demand Dropped, Research Group Says.
  • Volkswagen Board Approves Future Plan 2030, Raising Total Job Cuts to About 100,000.

Grid & Storage

Synergy Fined by Western Australia's Energy Regulator Over Big Battery Bidding

Western Australia's Economic Regulation Authority (ERA) has penalised state-owned utility Synergy after finding it breached multiple rules governing the state's electricity market, RenewEconomy reported.

Synergy said the bidding behaviour behind the breach was unintentional and stemmed from a software error at its first big battery project, according to RenewEconomy.

The ERA said on Wednesday it had issued the fine to Synergy following the finding, RenewEconomy reported.

Source: reneweconomy.com.au (opens in a new tab)1 sourcePermalink

United StatesGrid & Storage

Grid United CEO Michael Skelly Pursues First-of-Its-Kind Transmission Line

Michael Skelly, chief executive of Grid United, is working to build what Canary Media describes as a first-of-its-kind transmission line.

According to Canary Media, Skelly has spent a decade attempting to get a large transmission line connecting different regions of the grid into operation.

The current project is his latest attempt at that long-running effort.

Source: canarymedia.com (opens in a new tab)1 sourcePermalink

High voltage transmission towers with power lines stretching across an open plains landscape at sunset.
Photo: Foto3821 / Wikimedia Commons (opens in a new tab)

Grid & Storage

MN8 Energy to Pair 86 MW West Virginia Solar Project With Zinc and Lithium Storage Under Google Offtake

MN8 Energy will build Mammoth Solar, an 86 MW solar project in Kanawha County, West Virginia, coupled with 70 MW/280 MWh of lithium-ion storage and a 10 MW/100 MWh zinc-based long-duration system supplied by Eos Energy Enterprises, according to ESS News.

Google will take the energy, capacity and clean energy attributes of the project under a long-term agreement, MN8 said.

The Eos Z3 units are designed for 10 hours of discharge duration, per MN8. That sits alongside the four-hour profile implied by the lithium-ion block, giving the site two storage assets with different dispatch windows on one interconnection.

MN8 estimates the development represents up to USD 350 million in capital investment. Construction is expected to create approximately 200 jobs, the company said.

The three components come online in sequence rather than together. MN8 expects the solar array to reach commercial operation in 2028, the lithium-ion storage in 2029 and the Eos long-duration energy storage system in 2030.

The site itself is a reclaimed coal mine. MN8 said the project is the first commercial-scale LDES deployment in West Virginia.

The staggered schedule matters for the zinc component. Eos Z3 chemistry is being deployed at commercial scale in a market where lithium-ion dominates grid battery procurement, and MN8's timeline puts the zinc units into service two years after the solar generation they will store. The 100 MWh of zinc capacity is a fraction of the 280 MWh of lithium-ion on the same site, consistent with a pilot-weighted split between the two chemistries.

Google's role is confined to offtake rather than ownership, covering energy, capacity and attributes in a single long-term contract. That structure ties a technology-company load to a coal-legacy site in Kanawha County, with the buyer contracting for firmed output across both the four-hour and ten-hour storage tranches.

Source: ess-news.com (opens in a new tab)1 sourcePermalink

AI-generated illustration for: MN8 Energy to Pair 86 MW West Virginia Solar Project With Zinc and Lithium Storage Under…
AI-generated image

Grid & Storage

Eighth Suspect Arrested Over Illegal Power Connections at Emfuleni Municipality

An eighth suspect has been arrested in an investigation into illegal electricity connections and theft of critical infrastructure at the Emfuleni Local Municipality, according to SAnews. The Gauteng Political Killing Task Team (PKTT) believes the person arrested is the mastermind behind the scheme.

SAnews reported that the suspect will make a first court appearance on Monday, 7 September 2026.

The charges are theft, damage to and theft of critical infrastructure, and money laundering, according to SAnews.

The arrest is the latest in a sequence, with seven other suspects already taken into custody in the same matter, SAnews reported.

Source: sanews.gov.za (opens in a new tab)1 sourcePermalink

Grid & Storage

Floor Agreement Underpins 140 MW Alytus Battery Project in Lithuania

Second Foundation has signed an optimization agreement with BLEnergy and Shamir Energy covering a 140 MW standalone battery energy storage system to be built in Alytus, Lithuania, according to ESS News.

ESS News reports the facility ranks among the largest standalone battery storage projects in Lithuania. The system is not yet built.

The commercial structure rests on a floor agreement, which ESS News describes as a revenue-protection mechanism guaranteeing a minimum level of return while still allowing the parties to share in higher returns. That structure shifts part of the merchant price risk in battery trading away from the asset owner, since revenue from arbitrage and ancillary services fluctuates with day-ahead and balancing market conditions.

Optimization agreements assign trading and dispatch decisions for a battery to a specialist counterparty, which bids the asset into wholesale and balancing markets. Pairing that role with a floor removes the downside tail for the owner and gives lenders a contracted revenue base to underwrite against, a financing question that has slowed standalone storage projects lacking capacity payments or long-term contracts.

ESS News did not report the storage duration, the commissioning schedule, or the value of the agreement.

Source: ess-news.com (opens in a new tab)1 sourcePermalink

Grid & Storage

D.TRADING and Capalo AI Team Up on Structured BESS Revenue Deals, Starting in the Balkans

D.TRADING, the energy trading unit of Ukraine's DTEK Group, and Finnish battery optimizer Capalo AI have begun working together to offer structured revenue arrangements for battery energy storage and hybrid renewable projects in Europe, ESS News reported.

The arrangement splits the two roles that battery developers usually have to buy separately. D.TRADING takes the contractual counterparty and offtaker position, supplying fixed revenue structures and credit support, according to ESS News. Capalo AI handles market access, trading assets across day-ahead, intraday and ancillary service markets through its Zeus VPP platform.

The combination pairs D.TRADING's offtake capabilities with Capalo AI's multi-market trading platform.

Battery projects in the Balkans are the first target, ESS News reported, with potential expansion into wider Central, Eastern and South-Eastern European markets where both companies already have a presence.

Capalo AI's managed portfolio includes 600 MW of batteries and 300 MWp of solar already live under trading and optimization, according to ESS News.

The optimizer currently operates in six European markets: Bulgaria, Finland, Lithuania, Latvia, Poland and Sweden. It plans to add Estonia, Greece, Portugal and Spain in 2026.

Source: ess-news.com (opens in a new tab)1 sourcePermalink

United StatesGrid & Storage

Work Starts on Final Segment of 576-Mile Southwest Intertie Project

Construction has started on the last segment of the Southwest Intertie Project, a 576-mile transmission corridor running from Idaho to a point just south of Las Vegas, Nevada, according to Power Magazine.

Officials marked the start of work with a groundbreaking ceremony in Ely, Nevada, on September 3, Power Magazine reported.

The corridor links the Idaho end of the route to southern Nevada across its 576-mile length, per the same report.

Source: powermag.com (opens in a new tab)1 sourcePermalink

Row of steel lattice high voltage transmission towers stretching across a wide desert basin toward distant mountains.
Photo: Luana Scorsoni / Pexels (opens in a new tab)

Grid & Storage

PG&E Launches SHARE Virtual Power Plant in California With Google, Tesla and Sunrun

Pacific Gas and Electric (PG&E) announced a virtual power plant named SHARE, or Smart Home Assets for Reliability and Efficiency, in California on September 3, according to Power Magazine.

Six partners are working with the utility on the program: Rewiring America, Google, Carrier Global Corporation, Tesla, Sunrun and Renew Home, Power Magazine reported.

Power Magazine described SHARE as a first-of-its-kind virtual power plant. The program is designed to help communities benefit from rising electric demand while improving affordability and reliability for all customers, according to the same report.

Source: powermag.com (opens in a new tab)1 sourcePermalink

Grid & Storage

Canada Breaks Ground on Phase 1 of North Coast Transmission Line in British Columbia

Canada and its partners broke ground on Phase 1 of the North Coast Transmission Line (NCTL), an expansion of the transmission link running from Prince George to Terrace in British Columbia, Natural Resources Canada said.

The completed line is projected to generate CAD 10 billion in new economic activity and nearly 10,000 jobs, according to Natural Resources Canada.

The department expects the NCTL to cut emissions by up to three million tonnes annually, which it describes as the equivalent of removing one million vehicles from the road each year.

Industrial load is the stated rationale for the build. Natural Resources Canada said the line will unlock projects including the Ksi Lisims LNG facility and critical minerals developments in the Golden Triangle.

The project was referred to the Major Projects Office in November 2025 as the foundation of the Northwest Critical Conservation Corridor spanning Northwest British Columbia and the Yukon.

The groundbreaking sits inside a broader federal plan. Canada's National Electricity Strategy aims to double the national grid by 2050 to meet demand and secure sovereign power supply, according to Natural Resources Canada.

Source: canada.ca (opens in a new tab)1 sourcePermalink