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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. By 2040, Europe is expected to add another 169 gigawatts of wind and 172 gigawatts of solar. New-build projects in the U.K.
A new report from power market analytics firm Aurora Energy Research suggests that increased deployment of (and continued improvements in) virtualisation technology could reduce potential future European computing emissions 55% by 2040.
In a bid to support Irish grid stability, Electricity Supply Board (ESB) has opened a major battery plant at its Poolbeg site in Dublin, which will add 75MW/150MWh of fast-acting energy storage. No electricity system can operate without a backup. In Ireland this has traditionally been provided by fossil fuel generation.
David Hall of Schneider Electric highlights five trends to watch for power and utility firms this year. The global shift towards more climate-conscious energy efficiency has accelerated the need for sustainable technology to deliver a cleaner, greener, and fairer energy system. Microgrids fit for the future.
The global energy landscape is on the cusp of transformational changes as the migration to clean power gathers pace. With world leaders about to gather in Dubai, United Arab Emirates for the COP 28 climate summit, the transition to green energy will be one of the key topics on the agenda.
Powergrids globally must be upgraded by 2040 to keep the lights on. And while these upgrades will likely cost trillions, virtual power plants (VPPs), writes Autogrid’s Gisela Glandt , can curb these costs to the tune of $10B annually. Have you read?
In today’s distributed energy system, managing powergrid complexity is challenging. But grid operators are often handling these changes with an ageing infrastructure that wasn’t built with a distributed energy system in mind. What is grid orchestration and why is it critical in 2024?
With a powergrid that has been notoriously unreliable in the past, India’s goal to transform formerly passive consumers into prosumers would seem an uphill battle. The stakes are particularly high because India is the world’s third largest energy consumer.
According to the study, factors driving an increase in the adoption of microgrids include: The inability of grids to meet growing energy demand. The study states that continued increases in energy demand are resulting in the failure of traditional powergrids to maintain energy reliability and security.
Shell and BP are writing down assets while a raft of US fracking firms are entering bankruptcy protection – change is coming to the fossil fuel industry faster than anyone expected. A consensus is building that more write downs are on the way - potentially a lot more. The stranded asset hypothesis just got real.
For a 2050 net-zero future, we’ll need an electricitygrid large enough that its untangled cables would be long enough to stretch all the way to the sun. To get there, the grid requires constant attention to balance the flow of electrons. In the US, for example, the Department of Energy (DOE) announced $3.5B
Electric vehicle (EV) maker Polestar reduced its per-car greenhouse gas-emissions by six per cent last year as it continues to pursue its "moon shot" target of creating a truly net zero EV by the end of the decade. Through annual reports, we monitor our direction towards our ambitious goals and show that we do what we say.".
utilities such as Duke Energy , Dominion Energy , Southern Company and Xcel Energy. Each still plans to build new natural gas power plants in the near term, despite the additional emissions they will cause. electricgrid relies on fossil fuels for 63 percent of its generation, and according to the U.S.
In deals, $900m for pulsed magnetic inertial fusion, $100m for energy efficiency as a service, and $70m for AI precision weed control. In other news, the eVTOL sector gets cleared for regulatory takeoff, the DOE announces billions for new grid projects, and the race to fusion heats up.
The US Department of Energy (DOE) announced up to a $1.3 billion commitment in three transmission lines crossing six states, advancing projects aimed at adding 3.5GW of additional grid capacity throughout the United States. Under the program, DOE is authorised to borrow up to $2.5 Cross-Tie will contribute 14% to this regional need.
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