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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. Supporting EV commuting and investing in EV fleets help organizations meet their greenhouse gas reduction targets. .
$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.
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. .
This threatens to drive social unrest and mass migration, with 700 million people potentially being displaced in their search for safe and secure water by 2030. In response, the clamor for decarbonization is increasing and water is firmly in the spotlight as an energy-intensive industry.
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.
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
Volvo Construction Equipment (Volvo CE) reports that, as part of its efforts to become fossil-free by 2040, it is investing SEK65 million, or about $6.3 million, in the production of electric wheel loaders at its plant in Arvika, Sweden. Source: Volvo
The ambitious proposal was included in the REPowerEU plan , which detailed a vast number of changes designed to curb reliance on Russian fossil fuels by 2027, and thus catalysing Europe’s transition to renewable energy. Because the solutions are digital and help optimize a much more complex and decentralized grid, we call it Smart Energy.
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.
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?
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.
Brazilian energy distribution firm Energisa Group is expanding the rollout of mPrest’s transformer health management system (mTHM) following a successful pilot. The pilot included the use of mTHM to monitor the health status of 112 transmission and distribution transformers. Energisa Group says it will be investing $7.5
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.
Other coalition members include RMI and Arizona State University alongside philanthropic supporters including High Tide Foundation, Grantham Foundation for the Protection of the Environment, Bloomberg Philanthropies, Children’s Investment Fund Foundation, and Zegar Family Foundation among others. Planet Basemap courtesy of Planet Labs.
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.
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.
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. The market will hit 741 gigawatt-hours of cumulative capacity by 2030. US home to half of all global storage capacity in 2030.
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.
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.
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?
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European Commission Grants Certification Schemes for Renewable Hydrogen and RFNBOs The European Commission has taken a major step towards decarbonizing the energy and industrial sectors with its formal approval of certification schemes for Renewable Fuels of Non-Biological Origin (RFNBOs), including renewable green hydrogen.
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.
Strataphy proudly announces its launch, dedicated to advancing sustainable energy solutions through innovative engineering services. source: Strataphy) Geothermal energy, historically used for heating, is now being adapted for cooling through technological advancements and service models like CAS.
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?
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?
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.
Wind is China’s largest source of electricity after coal and hydropower, delivering 9.4% of the total electricity supply in 2023. The seeming enormity of the green energy shift taking place in China is given shape by what’s described as the most comprehensive English-language report on China’s energy transition.
Europe's power system will look very different in 2030, with energy storage supporting the “dominance” of wind and solar generation, according to new research from Wood Mackenzie. Only the final three of the quartet are likely to be the focus of new investment.
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.
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.
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.
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.”.
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.
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.
Countries around the world can harness the power of nature to adapt to climate impacts. Countries around the world can harness the power of nature to adapt to climate impacts. Environment Program World Conservation Monitoring Centre (UNEP-WCMC) produced for the Global Commission on Adaptation. Pull Quote.
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.
Europe’s transmission and distribution system operators through their associations ENTSO-E and EU DSO Entity are to develop a digital twin of the region’s electricity grid. The digital twin will be a sophisticated virtual model of the European electricity grid. Have you read? Digital twin task force.
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.
With the ban of new petrol and diesel cars in place in the UK by 2030, sales of electric cars are expected to surge. Plug-in hybrid and electric vehicles accounted for more than 1 in 10 vehicle registrations in 2020, up from 1 in 30 in 2019, according to data published by the Society of Motor Manufacturers and Traders.
Electrification holds the key to cleaner, more efficient energy distribution and use. Earth Day 2050 What will our planet’s climate be like on Earth Day 2050 if we don’t deliver the energy transition? Significantly increasing renewables in the energy mix, while meeting growing demand for power, requires greater innovation.
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.
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