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Utilities around the world will invest around $30 billion over the next five years to install more than 300 million smart meters, bringing many of the world’s most populous countries to full deployment but leaving other parts of the globe with relatively low penetration. billion by 2025, up from $97.4
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. .
$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.
Now water companies need to concentrate efforts on ensuring a smooth rollout of monitoring technology. The deadline is approaching for water companies to have in place monitoring requirements of the Environment Act 21. Where proposed sites do not have a power source, solar-powered systems are available.
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.
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.
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.
China’s Rudong Marine Solar PV and Hydrogen Storage Project Begins Operation The Rudong marine solar photovoltaic (PV) and hydrogen storage project in Rudong County, Jiangsu Province, China, marks a pivotal step in renewable energy innovation. Developed by Guohua EnergyInvestment Co.,
While a growing number of companies such as Arcadis are creating solutions and investing in ways to combat climate change issues, there's still untapped potential for water investment, according to industry experts participating in the recent GreenFin virtual event. The global need for freshwater is set to grow exponentially.
billion grid modernization plan that includes smart meters for its nearly 1.3 million customers by 2025, adding nearly 700 megawatts of wind power, plus more solar and battery storage systems to boost rural reliability. Ameren Missouri, the largest investor-owned utility in the Midwestern state, has filed a $7.6
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 electricpower industry 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?
Hydrogen-powered vessels and other clean fuel technologies are swiftly becoming viable solutions for reducing emissions in waterborne transportation. From China’s inaugural hydrogen-powered container ship to France’s hydrogen-fueled river vessel, these advancements represent a milestone in sustainable maritime innovation.
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 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. Today’s challenge.
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.
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.
Many celebrated with their CSOs on meeting ambitious corporate targets for 2020, while setting audacious new goals for 2025, 2030 and 2050. In 2014, the electrical engineer and MBA became the first woman to lead a U.S. As electric vehicles drive toward the mainstream, General Motors has come full circle as well.
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.
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.
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.
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. This marks the first step in what is widely recognized as a game-changing venture for Europes energy landscape.
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.
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.
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.
Rhode Island Energy will deploy Landis+Gyr’s Gridstream Connect AMI network and Revelo smart meters across its service territory. The Revelo metering platform features grid edge sensing and edge computing capabilities to manage load and support grid troubleshooting, with the Revelo meter operating on Landis+Gyr’s RF Wi-SUN network.
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.
So, why is it that “building electrification” is now among the energy industry’s most popular buzzwords? They use electricity to power lights, refrigerators and electronic devices. And they consume fossil fuels such as natural gas or propane to power furnaces, boilers, and water heaters.
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.
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 majority of these investments are expected to be completed in 2024 and 2025.
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.
Streaming requires massive amounts of energy to store, process, and deliver content globally. Not surprisingly, most data centers still rely on non-renewable energy sources. The issue is only growing as demand for high-definition and 4K streaming riseshigher resolutions mean more data, which means more energy consumption.
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
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
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. gigawatt-hours by 2025. Australia is set to add 1.2
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.
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. Leading U.S.
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.
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.
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.
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.
Over the next decade, technology is expected to trend towards an all-electric society – a world with unlimited energy based on renewable resources without harmful emissions. The trend of electrification is driven by a desire to reduce carbon emissions, advances in technology, and government mandates and investment in electric vehicles.
Millions of smart water meters are proposed for installation before 2030 and beyond in Britain as water companies seek to reduce leakages and consumption. million people with water supply, aims to complete its full smart meter rollout by 2030. South West Water proposes to install about 530,000 smart meters. Have you read?
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