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    1. World Bank Group Commits $1 Billion for Battery Storage to Ramp Up Renewable Energy Globally

      World Bank Group Commits $1 Billion for Battery Storage to Ramp Up Renewable Energy Globally

      NEW YORK, September 26, 2018 - In a major announcement at the One Planet Summit here today, the World Bank Group committed $1 billion for a new global program to accelerate investments in battery storage for energy systems in developing and middle-income countries. The program is expected to help these countries ramp up their use of renewables – particularly wind and solar power – improve energy security, increase grid stability and expand access to electricity. 

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      Mentions: NY
    2. The Renewable Electricity Grid: The Future Is Now

      The Renewable Electricity Grid: The Future Is Now

      A New World Bank report finds that with the right policies and investments, countries can integrate high levels of variable renewable energy such as solar and wind into their power grids without compromising the reliability or affordability of electricity. The report focuses on the complementary role of natural gas and energy storage in electricity grids that draw on high levels of solar and wind.

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      Mentions: Denmark
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