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The State of Green Business 2021. Adapted from the 14th annual State of Green Business report, our annual report card on progress by the world’s largest companies. Such turmoil easily could have spelled the end, or at least the pause, of anything having to do with business and sustainability. Two words: business fundamentals.
Solar net metering, the backbone of the U.S. A nonprofit group that’s spent years fighting clean energy legislation in New England is pressing federal regulators to approve a legal argument that could lay the groundwork for challenges to the solar net metering policies now in place in 41 states.
Advanced metering infrastructure — the two-way communicating smart meters that now serve more than half of U.S. These are all proven methods to improve energy efficiency, and they can really add up when multiplied across millions of customers. Energy efficiency: Not in utilities' best interest?
New York City may be weeks away from seeing tidal power injected onto the local grid. The Roosevelt Island Tidal Energy (RITE) installation will feature three underwater 35-kilowatt turbines on a single triangular base called a TriFrame. Still, the path toward bigger tidal arrays, and even demonstration projects, looks challenging.
But carbon is also moving constantly through the global economy, which historically has been powered by burning fossil fuels for energy. emissions in 2018. But how does one go about shifting the actions of thousands of businesses around the world? The critical role of emissions data.
And in energy circles, one of the biggest buzzwords in recent years is the virtual power plant, or VPP. But VPPs have really taken off in the last 10 years, not just as a concept but as something that a growing number of energy companies are creating, using and commercializing.
The following have been recognised for their achievements: The building materials manufacturer, Adolf Gottfried Tonwerke GmbH , together with the technology provider, Orcan Energy AG , in the Energy Transition 2.0 category, for exploiting previously unused waste heat from two furnaces for electricity generation.
The electricpower industry is a long-standing partner in this push toward a clean energy future, as demonstrated by its significant CO2 emissions reductions. There is still a way to go to slice energyusage in half. Energy companies across the U.S. billion into these programs in 2018 alone.
A new report published by Research and Markets states that the global smart meters market will expand by 9% between 2021 and 2026 and highlights factors driving the market. billion in smart grid investments is expected to be made in the Asia Pacific between 2018 and 2027. billion to $30.2 billion to $30.2 Have you read ?
Stem, the decade-old behind-the-meter battery startup that was seeking a buyer earlier this year to bolster its growth ambitions, is now launching a plan to go public via a special-purpose acquisition corporation (SPAC) reverse merger. Friday’s announcement names Star Peak Energy Transition Corp. billion in late 2019 to about $2.7
Jamaica Public Service Company has reported that 520,000 smart meters were installed at the end of January, corresponding to about 75% of the customer base. The rollout, launched in 2015, has seen a J$14 billion (US$90 million) investment as part of the initiative to modernise the electricity network and improve the customer experience.
Canadian startup e-Zn has raised money to store clean energy far longer than currently available batteries allow, using cheap and abundant zinc. Chicago-based evergreen fund Energy Foundry led the round, joined by Toronto's MaRS Investment Accelerator Fund, Sustainable Chemistry Alliance and Emeraude Capital.
Hydrogen meters are under development and testing in the prospect of hydrogen blending into the gas distribution networks for supply to consumers. The reason for modifications, simply, is the different energy characteristics of hydrogen compared to natural gas. Its energy content is about only one-third that of natural gas.
Proterra, builder of electric buses, heavy-duty vehicle drivetrains, batteries and charging systems, plans to go public on the NASDAQ exchange via merger with a special purpose acquisition company (SPAC), the latest in a string of EV companies seeking access to public market financing to meet growing demand. Proterra is one of the oldest U.S.
This article originally appeared in the State of Green Business 2021. Running Tide’s core business is oyster farming, but CEO Marty Odlin is planning on a new revenue stream: growing kelp and sinking his crop in the deep ocean. . Once it goes down below 1,000 meters, it’s not coming back up, because the pressures are so great.
Several floors below the firm’s balcony, power lines crisscross over piles of garbage, a fleet of rickshaws and cow patties on a rooftop, being dried for cooking fuel. ” Rapid growth in India’s renewable energy sector is driving demand for new technologies to modernize the country’s power sector.
Remote minigrids are a tough market for a traditional smart meter vendor. The meters that minigrids use need to be cheap, rugged and reliable, and they must be able to adjust to the often unstable operating conditions of solar-powered standalone grids. ” The World Bank’s International Finance Corp.
Dot Transportation added a lone Orange EV electric terminal truck to its fleet in 2018. It has also lowered the firms operating costs by reducing maintenance and repair costs and energyusage. Based in Riverside, Missouri, Orange EV has been producing Class 8 all-electric terminal trucks since 2012.
The ROI Of Sustainability in Business. There is general consensus among business leaders and investors that business success today requires a commitment to sustainability. There is company risk in not being sustainable, both to the planet and to the business. The Business Case for Sustainability Programs.
This article originally appeared in the State of Green Business 2021. Running Tide’s core business is oyster farming, but CEO Marty Odlin is planning on a new revenue stream: growing kelp and sinking his crop in the deep ocean. . Once it goes down below 1,000 meters, it’s not coming back up, because the pressures are so great.
Corporations aren’t just interested in renewable energy; they are a leading driver of its growth. According to data from Wood Mackenzie Power & Renewables, corporate customers procured a total of 5.8 gigawatts of wind and solar projects in 2018, an increase of 109 percent over the previous year.
Somewhere high on that list is nuclear fusion, the energy that powers the sun, which has drawn investment from at least three major oil companies. Chevron became the most recent player to show an interest in the technology when it pumped an undisclosed amount of cash into Seattle-based Zap Energy in August.
billion Self-Generation Incentive Program budget to help low-income communities install about 100 megawatts of stalled behind-the-meter battery projects. The shift won’t tap the $613 million in SGIP funds earmarked for low-income and medically vulnerable customers at highest risk of fire-prevention power outages. California Sen.
Industry group calls on governments to ensure regulation is fit for purpose and “look beyond LCOE”, in order to accelerate growth of wind energy and meet climate targets. According to the report, 2019 was the second biggest year for wind power historically, with installations of 60.4
Sangha Systems, developers of an 82-MW cryptocurrency mining facility at a former steel mill in Hennepin, Illinois announced that it has signed a letter of intent (LOI) with AEP OnSite Partners to develop a 2 – 5-MW behind-the-meter solar power array to begin to migrate its electricity consumption towards clean energy.
Span.IO, the San Francisco-based startup that makes a smart home electrical panel that can track and control behind-the-meter batteries, rooftop solar inverters, EV chargers and other key household loads via smartphone, has landed a $10.2 Under the hood of Span’s home power control system. Leading U.S.
Food company Kraft Heinz has been relatively quiet about its corporate sustainability strategy in the five years since it was formed through the merger of food giants Kraft and Heinz — stepping out in early 2018 to provide an update. Through 2019, it managed a 1 percent reduction against a 2015 baseline.
California is facing a major decision under a tight deadline — whether it should push for large-scale power plants and batteries to prevent a repeat of its August 2020 rolling blackouts this coming summer, or turn to behind-the-meter resources like batteries and demand response. 14 and 15 last year. 14 and 15 last year.
There’s a lot of energy underneath homes — if reasonably priced technology can be scaled up to tap its potential. Dandelion Energy hasn’t gotten nearly to that scale yet. On Wednesday, Dandelion raised a $30 million Series B round led by Bill Gates-founded Breakthrough Energy Ventures to expand on those ambitions.
Los Angeles-headquartered Xos , a manufacturer of electric trucks and powertrain components, has partnered with RV maker Winnebago to develop a customized electric chassis for Winnebago’s Specialty Vehicles division. Winnebago Specialty Vehicles’ manufacturing operations are in Forest City, Iowa. Source: Xos
Total control of powerusage: from solar to EV and back to the house. Once an EV can double as a stationary storage device, it will take its place as part of an energy ecosystem that includes rooftop solar and energy management—and could even become a source of revenue for owners and a valuable grid-balancing resource for utilities.
Businesses operating their own boiler, engine or generator for heat or power urged to check if they must register with SEPA Businesses that have been operating their own boiler, engine or generator for the production of heat or power are being urged to check whether they need to register with Scotland’s environment regulator as soon as possible.
In recent years, sustainable business practices have become an essential part of good business – and it is easier than you think to get started. The consumer market dictates the incorporation of eco-friendly policies into successful businesses of all sizes. REDUCE WATER USAGE. INCREASE LIGHT EFFICIENCY.
This marks the first new edition since Fluence formed as a joint venture between AES and Siemens in 2018; AES Energy Storage had developed the Advancion product previously. It follows similar product updates from other leading storage integrators, like Tesla’s Megapack and Powin Energy’s BESS. gigawatts.
How Rocky Mountain Power boosted SMB CSAT with BusinessEnergy Reports The 2023 J.D. PowerElectric Utility Business Customer Satisfaction Study highlighted a concerning drop in business customer satisfaction (CSAT) among electric utilities, finding CSAT is at an all-time low of 754 on a 1,000-point scale.
Ice Energy filed for Chapter 7 bankruptcy in December, in a setback for small-scale thermal energy storage. The technology is simple and cheap and has helped large commercial buildings for years. The technology is simple and cheap and has helped large commercial buildings for years.
How Rocky Mountain Power boosted SMB CSAT with BusinessEnergy Reports The 2023 J.D. PowerElectric Utility Business Customer Satisfaction Study highlighted a concerning drop in business customer satisfaction (CSAT) among electric utilities, finding CSAT is at an all-time low of 754 on a 1,000-point scale.
Last month’s preventative power shutoffs in California highlighted the vulnerability of the electricity grid to threats exacerbated by a changing climate. But what about the mobile battery packs carried in the hundreds of thousands of electric vehicles now on the road in California?
Aquacycl, Kitu Systems, and Nuvve Complete Southern California Energy Innovation Network (SCEIN) Program. SAN DIEGO, CA, October 25, 2021 – Cleantech San Diego today announced the graduation of local clean energy companies Aquacycl , Kitu Systems , and Nuvve from its Southern California Energy Innovation Network (SCEIN).
With that in mind, he says the operational challenges best-suited for an AI solution in the retail segment also present significant opportunities for the utility industry , including using AI for demand forecasting, personalization and solving strategic business problems. AI for Demand Forecasting.
During last week’s GreenBiz webcast "How Businesses Can Overcome Barriers to Achieving Climate Goals," three corporate sustainability leaders offered insights for how businesses can best adopt TCFD recommendations into their carbon reduction strategies. . Businesses are exposed to two types of climate risks: physical and transition.
Utilities and oil majors both have a head start with their mixture of renewable power capacity, gas transmission assets and an existing set of end users. AkzoNobel began investigating a 20-megawatt electrolyzer as far back as 2018. BP recently sold off its petrochemicals business for $5 billion — to Ineos.
Grid operators around the world are unusually busy these days, but few have quite as much on their minds as NYISO, the independent system operator that manages New York state's bulk power system and wholesale energy market. percent in 2018, and hitting 100 percent zero-carbon emissions by 2040. Source: NYISO.
Despite a strong track record on renewables innovation, Australia may be running out of time to become a clean energy export powerhouse — and further funding for homegrown innovation is now in jeopardy. Companies in Australia are pursuing a series of big bets in emerging energy markets such as long-duration storage and green hydrogen.
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