This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The $500 billion city — complete with flying taxis and robotic domestic help — is being built from scratch and will be home to a million people. And what energy product will be used both to power this city and sell to the world? The plant is powered by 4 gigawatts from wind and solar projects that sprawl across the desert.
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.
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.
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.
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.
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.
Often working from home themselves, they empathized with employees and other stakeholders, some refusing to issue layoffs. Many celebrated with their CSOs on meeting ambitious corporate targets for 2020, while setting audacious new goals for 2025, 2030 and 2050. and globally by 2040.
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.
Consulting firm Wood Mackenzie released analysis saying California’s newly proposed net metering tariffs would cut the state’s residential solar market in half by 2024. would reduce payments granted to rooftop solar customers for the excess power they generate, which is known as net metering. Researchers added that NEM 3.0
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.
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.
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. Leading U.S.
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
Hygreen Energy Delivers 25-Megawatt Electrolyzer System for Hydrogen Production in China Hygreen Energy, a global leader in hydrogen technology and electrolyzer manufacturing, has announced the successful delivery of a 25-megawatt electrolyzer system to Huadian Weifang Power Generation Co.,
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
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. US home to half of all global storage capacity in 2030. Energy Storage Monitor report. A majority of U.S. As a result, the U.S.
Even under pandemic restrictions, distributed energy resource project lifecycles are ongoing. Distributed energy resources (DERs), sensors, and smart meters are enabling utilities and their partners to access a plethora of grid and customer data, enabling remote operations. The power of data in a crisis. In the U.S.,
California’s distributed energy resources add up to gigawatts' worth of capacity that could be used to prevent future rolling blackouts and balance the state’s increasingly clean-powered grid — if the state can compensate them for those services. 14 and 470 MW shed on Saturday, Aug.
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.
Panasonic’s Cardiff RE100 Facility: Technological Advancements at the Cardiff Facility Panasonic’s newly launched RE100 facility in Cardiff, Wales, represents a bold leap in renewable energy innovation. These systems are managed by Panasonic’s advanced Energy Management System (EMS).
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.
Utilities around the world continue to struggle with energy theft, with an estimated $80 to $100 billion lost globally to theft each year. In Jamaica, electricity theft is estimated to cost the Jamaica Public Service Company $200 million – 80 percent more than a decade ago. Bidgely’s Energy Theft Solution. With an expected 1.3
Hygreen Energy Delivers 25-Megawatt Electrolyzer System for Hydrogen Production in China Hygreen Energy, a global leader in hydrogen technology and electrolyzer manufacturing, has announced the successful delivery of a 25-megawatt electrolyzer system to Huadian Weifang Power Generation Co.,
The period 2020-2025 will see utility-scale distributed solar grow in many countries in the region, led by Mexico, Brazil and Chile, with distributed solar expanding most rapidly in Brazil. Developers in the region will also face increased competitiveness in the market due to lower system costs and reduced power prices.
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.
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.
European energy giant unveils investment strategy that will see it invest €160bn directly in green infrastructure, while leveraging a further €30bn from other parties. The investment will support a goal to cut carbon emissions from the company by 80 per cent against 2017 levels.
In a deal that includes an order for 500,000 smart meters, infrastructure fund Ancala has acquired Solandeo, a fast-growing owner and operator of smart meters in Germany. The business works with leading energy providers in Germany, including 1KOMMA5°, Sonnen and Enpal.
While the Future Homes Standard (FHS) is a welcome roadmap for the future of decarbonised homes, explains Dan Nicholls of SNRG Group, it will not be realised without accompanying policy measures, which encourage the uptake of enablers like smart grids. Have you read: 34.8
The smart meters market is expected to surpass $55.7 Rapid expansion and modernisation of grid infrastructures along with growing awareness of energy conservation will propel the smart meters market scenario. • million by 2025 Gas and power prices continue to soar due to Ukraine conflict. Market factors.
British Gas is planning to begin offering its customers air source heat pumps from next month, with the energy giant planning to start household installations in Devon and the South West of England before rolling out the service nationwide, it announced on Friday.
Bidgely’s AI-powered EV solution can help you transform your AMI investment into EV-driven revenue. To learn more about How to Use Data to Drive Your EV Investment Plans , or hear more from FPL’s Matt Valle and Austin Energy’s Karl Popham visit bidgely.com/engage. drivers would consider buying an EV.
Lots of spice for clean investment this week. The US Clean InvestmentMonitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. 14% of total investment came from the feds, with $33.7B 14% of total investment came from the feds, with $33.7B Happy Monday!
Vodafone has announced plans to shift its entire European mobile network to run on 100 per cent renewable electricity by no later than July 2021, alongside a new target to help its business customers slash their climate impact over the next decade.
Whether booming off-grid power demand in emerging markets is met with grid extension or distributed renewables will be central to the growth story of the global clean-power sector. Wood Mackenzie's working definition of minigrids. Source: Wood Mackenzie. Minigrids the lowest-cost option for many.
Australian energy chiefs have welcomed the release today of two reports setting out options for the country’s future electricity market makeup. That's “a fantastic idea we can all get behind,” says Jill Cainey, general manager of networks at Energy Networks Australia. Centralized or decentralized control?
The North American arm of European energy giant Engie SA and climate-focused investor Hannon Armstrong announced Thursday they will partner on a 2.3-gigawatt That transformation includes the acquisition of distributed solar developer SoCore Energy and large-scale wind builder Infinity Renewables. gigawatt portfolio of U.S.
million smart electricitymeters were installed to bring the total since the rollout began to 19.66 million smart electricitymeters installed in 2021, when suppliers accelerated the pace to make up for the time lost during the government-ordered shutdowns of the previous year. During 2022, 2.37 Have you read?
New Jersey looked like the promised land for energy storage. Phil Murphy campaigned in 2017 on a clean energy platform that pushed for a 100 percent clean grid by 2050. When Murphy won and took office, he signed sweeping clean energy legislation in May 2018 that turned his goals into law. Who’s the Boss?
Britain’s smart meter programme has failed to hit targets and secure public support, the parliamentary Public Accounts Committee (PAC) has reported. In that period the deadlines have been pushed back three times and the targets reduced from “all homes and small businesses” to have smart meters by the target date to the current 74.5%
A geothermal heat storage system at the site of the Lounavoima waste-to-energy (WtE) plant in Salo, Finland is set to supply heat to the district heating network for this year’s winter The first phase of the project has been completed with three wells drilled so far. Testing of the second well is ongoing.
5G-enabled technologies will enable the US to achieve 20% of its greenhouse gas emissions reductions by 2025, according to a new study conducted by Accenture. million metric tons of carbon dioxide by 2025. MMtCO2e of carbon, the equivalent of removing emissions from 17 coal-fired power plants in a year, according to the study.
Coal power is on borrowed time. records for consecutive days without any coal power at all have been tumbling. A new report by the think tank Ember, found the global fleet of coal power plants is now running at a utilization rate of 47 percent. Phase-out dates for coal power are fast approaching across Europe.
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content