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$735M Hydrogen-Ready Power Plant on Jurong Island Marks a Clean Energy Breakthrough PacificLight Power, a key player in Singapore’s energy sector, has taken major strides toward clean energy with its $735 million hydrogen-ready power plant project.
This year was transformative for the space industry. As we look to 2025, Im energized both by everything Planet has accomplished to date and by the enormous potential of whats yet to come. While there are many predictions for the growth of the industry in 2025, three key themes stand out with particular excitement for the year ahead.
GASCADE’s Hydrogen Pipeline Initiative: Pioneering Europe’s Energy Transition The push towards a sustainable energy future continues to gain momentum, with hydrogen emerging as a key player in decarbonization. The retrofit process ensures cost efficiency and time savings compared to building new infrastructure.
Green Shipping Revolution: How Hydrogen and Other Clean Fuels Are Changing the Game Environmental concerns and climate goals are driving transformation in the global shipping industry. Hydrogen-powered vessels and other clean fuel technologies are swiftly becoming viable solutions for reducing emissions in waterborne transportation.
Last summer, the investment arm of northern Europe’s largest financial services group dropped Brazilian meat giant JBS from its portfolio. The exclusion of JBS is quite dramatic for us because it is from all of our funds, not just the ones labelled ESG," Eric Pedersen, Nordea’s head of responsible investments, told The Guardian. .
And what energy product will be used both to power this city and sell to the world? The Saudis are going big on something called green hydrogen — a carbon-free fuel made from water by using renewably produced electricity to split hydrogen molecules from oxygen molecules. This summer, a large U.S. This summer, a large U.S.
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Buildings were first electrified nearly 150 years ago. So, why is it that “building electrification” is now among the energyindustry’s most popular buzzwords? Most buildings run on multiple fuels. They use electricity to power lights, refrigerators and electronic devices.
ExxonMobil Baytown Low-Carbon Hydrogen and Ammonia Project: A New Milestone in Clean Energy ExxonMobil, one of the worlds leading energy companies, is progressing with plans for a cutting-edge low-carbon hydrogen and ammonia facility in Baytown, Texas. This ambitious project, expected to produce up to 28.3 Gulf Coast.
This partnership not only represents the largest contracted green hydrogen supply from a German electrolysis facility but also sets the stage for meaningful progress in decarbonizing energy-intensive sectors. This plant will use renewable electricity, such as wind and solar power, to split water into hydrogen and oxygen through electrolysis.
These findings, located in the Lorraine region, have the potential to disrupt global energy markets by providing an abundant, naturally occurring, zero-carbon fuel source. Most notably, an initial discovery was made in May 2023, followed by a more recent finding in March 2025. Both discoveries come with staggering numbers.
Many celebrated with their CSOs on meeting ambitious corporate targets for 2020, while setting audacious new goals for 2025, 2030 and 2050. Each of these individuals is playing the long game and is in a strong position to move their companies and industries into what could be a more hopeful period of reconciliation, recovery and repair.
Climate Alliance , which pledges to reduce greenhouse gas (GHG) emissions by at least 26 percent by 2025 — a steep goal now only five years away. The electricpowerindustry is a long-standing partner in this push toward a clean energy future, as demonstrated by its significant CO2 emissions reductions.
Smart meters are prominent in water companies’ 2025-2030 business plans, in line with regulatory expectations for large-scale rollouts. What are the key benefits of smart meters for utilities and their customers? What are the key benefits of smart meters for utilities and their customers?
Because the choices industries make today will shape the world we live in tomorrow. While major industries like aviation , steel and cement, textiles, and construction are already making impressive strides, others need a serious nudge to pick up the pace. 1 The Streaming Entertainment Industry Wait, what? Why does this matter?
division, has developed two hydrogen fuel cell electric vehicle (FCEV) bus models designed to meet diverse needs. These include an 11-meter low-floor city bus for urban routes and a high-floor inter-city bus aimed at longer regional travel. By 2025, the government hopes to see 2,000 FCEV buses on the roads.
billion in subsidies from 2025 to 2026 under the scheme when Chancellor of the Exchequer Rachel Reeves delivered the Autumn Budget on Wednesday. Currently, this policy would lock the UK into using fossil fuel-based energy generation to well past 2050.” Earlier this month, the new Labour government pledged £21.7
A trial is underway in forests in Surrey and Northumberland to assess the potential for Internet of Things (IoT) technology to monitor tree growth and the impacts of environmental change on the UK’s forests. It will monitor tree growth and the impacts of environmental change on the UK’s forests.
market for distributed energy resources will look very different in five years than it does today. And electric vehicles will give utilities and regulators the opportunity to promote pricing regimes to encourage charging when electricity is abundant — or suffer potentially grid-destabilizing consequences.
Energy Information Administration (EIA) recently reported that U.S. natural gas consumption set new winter and summer consumption records in 2024, highlighting the growing importance of natural gas in the global energy mix. This surge in consumption comes amid record production levels, even as drilling activity remains subdued.
Introduction to the Fee and Its Purpose Germany has announced a landmark policy designed to accelerate its hydrogen energy revolution. Its not just a cost; its a calculated move to recover the massive upfront investment in infrastructure while keeping costs manageable enough to entice early adoption.
Strataphy proudly announces its launch, dedicated to advancing sustainable energy solutions through innovative engineering services. Currently, Strataphy operates in the MENA region, with expansion plans into the US and beyond by late 2025. source: Strataphy) At the core of Strataphys mission is a commitment to energy innovation.
The energy and utilities industries play a significant role in carbon emissions. In the US, 25% of greenhouse gas (GHG) emissions come from electricity generation. This is not surprising, with coal and natural gas representing about 60% of electrical supply. Energy Transition for Sustainability. Have you read?
Bulgarias Hydrogen Ambitions Take Shape with a New Centre of Excellence Bulgaria is charging into the clean energy future with plans to establish a cutting-edge Hydrogen Centre of Excellence in Stara Zagora. By doing so, it aims to drive the countrys clean energy transition in an economy thats still heavily reliant on fossil fuels.
India’s target to complete a nationwide smart meter rollout by 2025 is in doubt with progress in installations low, analysis from the rating agency suggests. million smart meters had been sanctioned by the government, but of these 98.7 However, only 8 million smart meters had been installed as of December 2023.
Record-Breaking Financial Momentum Bloom Energy has closed 2024 on a high note with remarkable financial results. For the full year, Bloom Energy generated $1.47 CEO KR Sridhar highlighted that Bloom Energy is poised to support the increasing energy demands of data centers, particularly those incorporating AI-driven workloads.
Power-management multinational Eaton has announced investments in its North American manufacturing and operations to meet growing demand for electrical solutions from customers in utility, commercial, health care, industrial and residential markets.
The fallout from the coronavirus pandemic and coming recession is expected to drive down pricing for both front-of-the-meter solar and storage systems even faster than expected. Project construction delays and tightening consumer spending will drive down storage and electric vehicle demand, according to Wood Mackenzie.
Transforming Energy Production with Next-Generation Electric Ammonia Facility Worleys Role in Pioneering Clean Energy Solutions Worley, a globally recognized name in energy and resources services, has taken a pivotal step toward advancing green energy production.
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Happy New Year 🎉 We’re glad to be back in your inbox after a little R&R over the holiday break, and we’ve got one last gift for you: our 2024 Climate Tech Investment Trends report, live now. AI spurred clean firm power, Europe strengthened carbon markets, and emerging economies’ climate tech demand opened up.
gigawatt-hours of energy storage capacity in 2020, more than double the 499 megawatt-hours installed in 2019. gigawatt-hours this year, according to Wood Mackenzie's latest report on Australia's energy storage market. The FTM market’s leading position is likely to be short-lived as the industry faces many uncertainties.
Global energy storage capacity is now expected grow at a compound annual growth rate (CAGR) of 31 percent through 2030, according to Wood Mackenzie's new global storage outlook. Energy Storage Monitor report. The market will hit 741 gigawatt-hours of cumulative capacity by 2030. A majority of U.S. As a result, the U.S.
The Clean Industrial Deal aims to establish a joint roadmap for competitiveness and decarbonisation. The Deal seeks to integrate climate action with industrial, economic, and trade policies to position Europe as a leader in innovation and sustainable growth. There will also be a grid investment package worth 1.5
By Frank Jossi, Energy News Network. A wave of pilot programs by Minnesota electric cooperatives is saving customers money and providing useful data for larger utilities considering new technology and pricing models to encourage grid efficiency. Today, 44 member-owned electric co-ops serve about 1.7
Swell Energy has lined up $450 million in financing to give homeowners and business owners batteries and solar systems at no upfront cost, and earn the money back by turning them into virtual power plants serving utilities’ grid needs. These behind-the-meter assets are increasingly becoming targets for infrastructure investors.
Generac Power Systems is acquiring Enbala Power Networks, a major step toward putting its market-leading backup generator business and its fast-growing behind-the-meter battery-solar fleet to work as a power grid resource. Canada and Australia, according to Wood Mackenzie data. Wood Mackenzie predicts that U.S.
European utility giant Enel has committed half of its total investment over the next few years to decarbonization, part of a new strategic plan revealed on Tuesday. Between 2020 and 2022, the Italian group will invest €11.5 Between 2020 and 2022, the Italian group will invest €11.5 billion ($12.6 billion ($12.6
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Rather than posing a threat to the grid, electric vehicles are beginning to help to solve Europe's grid flexibility problems. Tibber classes itself as a “digital energy company” offering consumers, via an app, a (relatively) frictionless way to switch their power provider.
Government confirms Future Homes Standard will apply to any new homes built from 2025, delivering a major uptick in the pace of the shift away from gas boilers - but campaigners are left disappointed by failure to adopt more rapid timetable. However, the timetable for the introduction of the new standards sparked criticism from green groups.
Kuwait telco stc is to supply 500,000 smart electricitymeters to the Ministry of Electricity, Water and Renewable Energy (MEW) for the second phase rollout. Along with the smart meters, stc is contracted to supply components including circuit breakers and transformers.
This is because water quality is heavily affected by the state of the tide, which presents a significant monitoring challenge in the lower reaches of many rivers. With a tidal range of up to 7m, the River Thames presents a number of monitoring challenges.
French oil major Total and Japanese conglomerate Marubeni have won the rights to build Qatar’s first utility-scale solar PV project, due online in time for the 2022 World Cup. The full investment for the project is estimated to be 1.7 Total acquired energy storage manufacturer Saft in 2016.
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