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
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
$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.
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.,
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.
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
The fallout from the coronavirus pandemic and coming recession is expected to drive down pricing for both front-of-the-metersolar 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.
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.
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 solarpower, 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.
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.
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.
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.
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.
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. Ares Management Corp.
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
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
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.
Despite coronavirus-related setbacks, 2020 will be one of the biggest years for solar demand in Latin America. 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.
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 Lowest-ever solar PPA price. Total acquired energy storage manufacturer Saft in 2016.
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. Leading U.S.
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.
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
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.
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. Gavin Newsom.
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.
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.
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?
Puerto Rico utility Luma plans island-wide smart meters among smart grid and other initiatives to improve reliability and services for customers over the next three years. More than 64,000 customers with 396MW of rooftop solar PV were connected, with the number averaging 3,000 new connections per month. Have you read?
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. Source: NYISO.
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.
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!
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.,
Britain’s National Infrastructure Commission has called for further investment and upgrading of the electricity and water infrastructures among others. There should be increased adoption of electric vehicles, with a nationwide network of at least 300,000 public charge points across the country by 2030.
The proportion of global power generation represented by VRE, such as wind and solarpower, has been rising rapidly since 2007. And according to IEA’ Renewables 2020, Launch Presentation from November 10, 2020, global wind and solar PV’s combined installed capacity will surpass that of natural gas in 2023 and coal in 2024.
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.
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 wind and solar projects slated for completion this year. but it’s not the first time Hannon has put its climate-focused dollars behind the European power company.
The world’s total renewable power capacity will grow 50 percent between 2019 and 2024, according to the International Energy Agency. For investors keen to tap into this growth, mostly driven by solar and wind, the question is where to look. Chile: Solar and wind. China: Solar and wind. China: Solar and wind.
Distributed energy resources (DERs) is an expansive term, including everything from backup generators to microgrids. In some states with 100 percent clean energy mandates, like California and Hawaii, the focus is on solar — lots and lots of it — and the tools needed to integrate this massive new grid edge resource.
New Jersey looked like the promised land for energy storage. installed solar capacity , ahead of nearby New York and Massachusetts. Phil Murphy campaigned in 2017 on a clean energy platform that pushed for a 100 percent clean grid by 2050. The state already has the seventh largest U.S. Who’s the Boss?
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.
In December he set a 2030 wind and solar capacity goal of 1,200 gigawatts, up from around 450 GW today. The publication of China’s 14 th five-year plan, covering 2021-2025, is expected this month. As of 2020, it was responsible for the transmission of that 450 GW of installed wind and solarpower.
Duke Energy is the latest major utility to commit to a carbon-free future, with a plan to cut its emissions in half by 2030 and eliminate them completely by midcentury. utility, due to the company’s size. utility, due to the company’s size. The gas question. This reliance on natural gas aligns Duke with most U.S.
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