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Businesses across Europe are facing mounting pressure to invest in more eco-friendly practices, but high upfront costs and operational challenges stand in the way. The EUs renewable energy target of 42.5% by 2030 is forcing organisations across all industries to rethink their business models.
Businesses are reaping the environmental and social benefits of providing electric vehicle charging for employees. Last fall, a research team from PGS conducted a study on workplace electric vehicle charging practices. Optimize energy management. Tue, 07/14/2020 - 01:30. Key strategies to maximize benefit.
A New Chapter in Brazil’s Green Energy Drive The Port of Au in northern Rio de Janeiro is making waves in the push for clean energy by hosting its third green ammonia development. Its production leverages renewable energy sources like solar and wind to power an electrolyzer, splitting water into hydrogen and oxygen.
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. "Add
The UK government announced the disbursement of over £80 million funding on 28 June, intended to give a boost to a range of projects geared towards ditching fossil fuels in favour of cleaner energy sources. Projects include hydrogen-powered cornflake production and low-carbon Scottish whisky distillation. million from the government.
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. A Growing National Push for Hydrogen Doosans timing couldnt be better.
Enough energy to power all households in the USA and Mexico; Enough nutrients to meet ~13% of world fertilizer needs; Enough water to fill Lake Victoria in seven years, Lake Ontario in four. UN University foresees 24% wastewater increase by 2030; 51% by 2050. Wastewater from agriculture: The study says about 13.4%
The long-term agreement, which spans 15 years starting in 2030, outlines RWEs plan to supply 30,000 metric tons of green hydrogen annually to TotalEnergies Leuna refinery in Germany. The company is currently advancing more than 30 green hydrogen projects across Europe and is investing heavily in infrastructure to meet future demand.
The European Commission announced on 18 May that it plans to make the installation of solar panels mandatory for all new public, commercial and residential buildings in the EU. It focused on three distinct pillars: energy savings, diversification of energy supplies, and accelerated roll-out of renewable energy.
A water audit, also known as a water assessment, is an analysis of a business’s water usage to identify inefficiencies and potential cost savings. It documents all the different ways your business uses water within its operations, when and how much water is typically consumed, and identifies opportunities for reductions.
These 20 C-suite executives have steered their companies forward through much disruption, providing inspiration for the possibilities of advancing sustainability, social responsibility and circular business models — sometimes all at once. In 2014, the electrical engineer and MBA became the first woman to lead a U.S.
Smart meters are prominent in water companies’ 2025-2030business 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?
The nation’s power sector is also heavily reliant on hydrocarbons, which is hardly surprising considering its affordability and supply. With an ambitious renewable energy target of 50% of its power supply by 2030, is there a prominent role for geothermal in Saudi Arabia’s energy mix?
A communiqué signed by UK mayors and local leaders calls for a ‘power shift’ from Whitehall so that local and regional authorities can deliver Net Zero. Call for powers and resources to shape local energy markets, decarbonise transport, and tackle emissions from homes and offices. Addressing energy market failure.
Australia’s Clean Energy Finance Corporation (CEFC) has made an AU$50 million (US$34 million) loan commitment to Intellihub for smart meters and smart behind the meter devices. Smart meters and behind the meter devices are also important for the better management of our energy grid. Have you read?
More than half of electricitymeters in Europe are now smart, a new report released by Berg Insight has found. The study states that the penetration of smart electricitymeters has passed the 50% mark owing to increased investments in grid modernization and digitalization by utilities in the region.
The uncertainties centre on Equinor’s backing for new “net zero” gas-fired power plants fitted with technology to capture carbon dioxide (CO2) billowing from their smokestacks, and bury the gas in disused oil and gas fields under the North Sea. Credit: Sabrina Bedford.
Chilean grid operator Coordinador Eléctrico Nacional (CEN) has added First Solar’s 141-megawatt Luz del Norte PV power plant to its list of generators approved to provide grid services. That’s a task usually assigned to fossil-fired power plants and hydroelectric dams, or, in a growing number of cases, batteries.
Data center operator Switch plans to buy power for its record-breaking Citadel facility from an adjacent project developed and owned by Capital Dynamics. A 60-megawatt/240-megawatt-hour Tesla Megapack installation will turn 127 megawatts of solar capacity into a nearly 24/7 power source. ” Distributed energy like never before.
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.
As the 2020s progress, flexible energy portfolios will grow significantly as resources on either side of the meter proliferate in the U.S., These areas are regulatory reform, evolution of market models, the scale of grid edge investment around electrification, and de-risking grid edge investment. Europe, Asia and beyond.
Greek DSO HEDNO (Hellenic Electricity Distribution Network Operator) is receiving European Investment Bank support for its 3.12 million first phase smart meter rollout. A tender process is currently under way for the award of the smart meter project. HEDNO will instal 3.12 HEDNO will instal 3.12 Have you read?
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.
While an audible sucking-in-of-breath might have seemed in evidence with energy experts appraisal of the technical challenges of speeding-up the transition to electric vehicles, other observers waxed lugubriously about a lack of ambition in the plan. Electric avenue.
Without any intervention, that figure is projected to increase more than 60 percent by 2030. Due to highly price-competitive environments, upstream supply chain participants have little motivation to invest in improvements. However, there is a growing and collective awareness of environmental impact across the industry.
The Washington legislature has voted to set a target for ending the sales of gasoline-powered cars by 2030. The Governor vetoed a similar bill in May 2021 because of an amendment that tied the EV goal to a road usage charge.). Clean Cars 2030 sets Washington on a nation-leading path toward a fully-electric automotive future.”.
Small-scale modular nuclear reactors have gone from being a technology that’s always a decade away from being built to one that may actually enter into commercial production in the next decade. That’s a critical step for the Portland, Oregon-based company’s plans to build its first commercial systems.
A young Danish researcher has seemingly succeeded in developing a technology that will reduce the costs of getting wind power into the tanks of heavy-duty vehicles by approximately 15 percent. Green hydrogen produced from renewable energy, such as solar and wind, is expected by many to play a major role in the energy system of the future.
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.
California already has some of the highest electricity rates in the country. Those costs could rise even faster over the next decade, as utilities harden their grids against wildfires, grow their share of net-metered rooftop solar, and add other costs being passed through to utility customers.
trillion opportunity by 2030. . The company’s first technology, MycoComposite, precipitated the subsidiary Mushroom Packaging , which I discussed with Ecovative’s business development lead, Meghan Olson. trillion opportunity by 2030. trillion opportunity by 2030. Producing just 2.69 They have requests. Pull Quote.
billion by 2030, a CAGR of 24.2%. Therefore, with growing urbanisation, the need to manage infrastructure and assets is prompting countries across the world to invest in smart city projects. Integrating EVs in smart cities may create such benefits by providing energy storage and creating new revenue streams from EV batteries.
Centralized markets with prices set by the cost of marginal dispatch, most often from fossil-fuel generation, are the bedrock of most major power systems. They routinely adapt to changing regulatory and commercial forces. Renewables are central to regional and national energy policies in Europe. Cannibalization.
Eric Menard is Vice President Strategy and Business with Swiss satellite communications firm Astrocast. Weather monitoring stations are transforming the efficiency and environmental performance of remote copper mines and helping farmers to safeguard crops and livestock in a changing climate.
These water “batteries” could form the basis of a smart water grid, improving the resilience of the water supply in the wake of climate change – in the same way solar batteries in homes store excess electricity that can be sold back to the National Grid. A full list of the winners is included below.
In the evolving global energy economy, methane emissions have become a critical variable in the oil and gas industrys long-term performance. Without a level playing field that lifts all US energy companies, they know their industrys global reputation is at risk. Its also smart business. Investors want lower emissions.
MAHLEs advancements in turbocharging technology and monitoring systems are key to addressing these challenges. Equipped with high-capacity dynamometers capable of handling 900 kilowatts and 4,000 Newton meters of torque, the facility is prepared to simulate the demanding conditions heavy-duty engines face on the road.
A survey commissioned by ABB shows that 54% of companies are already investing in energy efficiency and 90% will increase spend over the next five years. The survey was carried out as part of the energy efficiency movement, a multi-stakeholder initiative launched by automation company ABB in 2021. Have you read: E.ON
The IEA has reported that grids investment is expected to reach $400 billion in 2024, with Europe, the US, China and parts of Latin America leading the way. In 2023, the investment in the grids was about $375 billion, up from less than $350 billion in the previous year. Have you read?
Reaching Net Zero operations by 2050 will require huge changes in industrial practices – such as how we use energy and source raw materials – but despite all the challenges, the target is achievable writes Rob Jenkinson. After all, manufacturers are typically energy-intensive businesses. This is a tough challenge.
Swiss tech major Hitachi Energy has acquired eks Energy in a strategic move to add power and electronics and energy management software to their ever-growing portfolio. Hitachi Energy called the move part of its strategy to meet global demand for battery energy storage solutions.
Electrification holds the key to cleaner, more efficient energy distribution and use. But fully realizing its promise demands balancing tech innovation with collaboration across industry, says Massimo Muzzì, head of strategy, business development and sustainability at ABB Electrification. C by 2050 remains achievable.
This November, world leaders, climate activists, and business executives have been gathering in Sharm El-Sheikh for COP27, the UN’s annual Climate Change Conference. We’re now almost halfway between 2015 (when the Paris Agreement was signed) and 2030 – a key milestone for making sure we’re on track to meet these vital net-zero targets.
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.
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