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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.
Australian energy chiefs have welcomed the release today of two reports setting out options for the country’s future electricity market makeup. One of the big questions is around demand response, and who will oversee a market that has only started emerging in Australia. Centralized or decentralized control?
Brooklyn startup David Energy on Wednesday announced a $1.5 million pre-seed funding round, as it looks to transform into an energy retailer that helps customers get more value out of their solar and storage systems. Lining up against the giants.
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.
Hear Portland General Electric’s Larry Bekkedahl in a fireside chat, as we discuss the role that data is playing in helping the utility achieve “Net Zero by 2040” in the on-demand session from UA Summit 2021 called “ Unlocking Operational Outcomes: Digital Transformation and Clean Energy Initiatives with AMI Data.”.
New study from Brattle Group and Oracle shows utility customer action can be twice as impactful as current clean energy supply policies in reducing greenhouse gas emissions. Related: Could energy efficiency and demand response solve Texas’ energy woes? Consumer action essential to quick wins in GHG reductions.
Michigan's two big investor-owned utilities, Consumers Energy and DTE Energy, have both committed to meeting state-mandated clean energy targets and retiring coal plants by 2040. The order gives the Detroit-area utility until March 21 to resubmit its IRP, and until April 1 to submit an amended renewable energy plan.
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.
According to new research from Cornwall Insight, household flexibility, which can be enabled by smart meters, has the potential to substantially support reductions in peak energy consumption, equivalent to the capacity of four new gas-fired power stations. billion/year ($17.9 billion/year ($17.9
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.
DistribuTech, the country’s biggest annual grid technology trade show, is a good place to get caught up on the latest developments in grid edge evolution, from integrating distributed energy resources to planning for a low-carbon future. “Solar’s great — you just have to wrap something around it to make it effective.”
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. Making EVs more affordable was seen as still a major hurdle.
There are fears for one of America’s last two remaining concentrated solarpower developers as the embattled sector attempts to pivot to a new business model abroad. power-purchase agreement, with the Berkshire Hathaway-owned Nevada state utility NV Energy, last October, according to a lawsuit filed at the time.
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.
With its bountiful resources and strategic position, the country aims to cement its place as a leader in the clean energy transition. This ambition sets the stage for a detailed exploration of the opportunities and challenges that lie ahead, each aspect contributing to the blueprint of a sustainable energy future.
With a power grid 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.
The researchers call for urgent collaboration on: • Continuous air monitoring via a network of sensors in order to build a detailed picture of air pollution variations and track progress. Investment in clean energy such as solar, hydropower and wind to meet Africa’s energydemand which is expected to double by 2040.
Watch Abhay Gupta’s conversation with Larry Bekkedahl , Senior VP of Advanced Energy Delivery at Portland General Electric to learn more about PGE’s data-driven and customer-centered approach to the clean energy transition and achieving a carbon-free future. Think about an electric vehicle.
With Europe becoming the pioneer of energy transition, the European Utility Week (EUW) has evolved from a classic industry trade fair to a hotbed of energy innovation and thought leadership. In fact, 45% of annual battery capacity additions are already behind the meter today. Customers Are Still Missing Out.
To dive deeper into these future-ready trends, hear more from utility leaders at PGE, Pepco, APS, Duke and dozens of others through our on-demand Engage session recordings. That understanding is what led the electric company to develop its smart grid test bed. “
For a 2050 net-zero future, we’ll need an electricity grid large enough that its untangled cables would be long enough to stretch all the way to the sun. Last week, we got in tune with power markets to set the stage for a reliable, resilient, and decarbonized grid.
As Ernest Hemmingway famously observed in his 1926 novel The Sun Also Rises bankruptcies happen two ways: "Gradually, then suddenly". Price and demand projections have been trimmed and there is a real sense that the clean energy transition that much of the industry has tip-toed around for the past decade could be about to accelerate.
The Broads Authority currently has a decarbonisation plan in place to reduce the emissions of the region to carbon neutral status by 2030, and net carbon zero by 2040. Electrification is the process of reducing carbon-based energy sources across a region through the increased use of electricity over fossil fuels. What’s Next?
For a 2050 net-zero future, we’ll need an electricity grid large enough that its untangled cables would be long enough to stretch all the way to the sun. As electricitydemand rises to meet population growth and the electrification transition, so does the need to expand and strengthen the grid.
KoBold Metals discovered a major copper deposit, which could be the start to solving growing supply and demand imbalances brought on by copper’s fundamental role in the energy transition. Demand The most critical of energy transition minerals. Demand is on the rise.
After all, the Net Zero Review - or Mission Zero, as it is officially titled - does not demand a revolutionary overhaul of government policy backed by a blank cheque from the Treasury to spur on decarbonisation efforts. Similarly, legislation should ensure all new non-domestic buildings must achieve an EPC rating of B from 2025.
And yet, steel production currently accounts for around one tenth of all global carbon emissions, and demand for steel is set to grow by as much as 30 per cent by 2050. If you can source the hydrogen from renewable electricity, for example through electrolysis, then in theory you've got an almost zero-carbon steelmaking process.
Remember how the nation mobilized seemingly overnight for the Allied Powers 80 years ago? It won't be boats, it will be solar farms. Next is the demand side. homes have a gas meter, feeding water heaters, cooking appliances and so on. "So Now we have to fight a similar war. It's not going to be bullets. CO2 emissions.
1] Looking ahead, SCAG estimates that total demand for warehouse space in its region in 2040 will be between 1.514 billion square feet and 1.809 billion square feet. [2]. For example, the majority of natural gas-powered trucks operating in California today are running on renewable natural gas that can have a negative carbon intensity.
1] Looking ahead, SCAG estimates that total demand for warehouse space in its region in 2040 will be between 1.514 billion square feet and 1.809 billion square feet. [2]. For example, the majority of natural gas-powered trucks operating in California today are running on renewable natural gas that can have a negative carbon intensity.
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. electric grid relies on fossil fuels for 63 percent of its generation, and according to the U.S.
It is worth pointing out that, while consumer demand for green products may be skyrocketing, the optics of pushing any form of product to consumers on a day dedicated to celebrating a planet ravaged by over consumption are difficult, no matter how 'green' said item is. Solar-powered beer. A flawsome Mango IPA.
This post is the second in a series titled “Real Talk on Reliability,” which will examine the reliability needs of our grid as we move toward 100 percent clean electricity and electrify more end-uses on the path to a climate stable future. It was written by Michelle Solomon, Senior Policy Analyst in the Electricity Program.
We explain how a sustainable business model will: Create business value , Meet the needs of your customers , Meet investor demand , Attract and engage top talent , Slash business costs , Improve brand reputation , Leverage new opportunities. 2040 : The artic will become ice-free in the summer. What is a sustainable business?
In deals, $900m for pulsed magnetic inertial fusion, $100m for energy efficiency as a service, and $70m for AI precision weed control. By 2030, it aims to produce 75,000 to 100,000 tons of Lithium Carbonate Equivalent (LCE), the refined product used in batteries, enough to power 1m EVs.
This week, Energy Innovation launched the Oregon Energy Policy Simulator (EPS) , our newest state-specific, open-source, peer-reviewed, and nonpartisan model that estimates the environmental, economic, and public health impacts of hundreds of climate and energy policies. By Shelley Wenzel.
Such businesses better meet the demands of the regulatory environment while coming into alignment with investor, consumer, and employee preferences. As such, in 2022 81% of S&P 500 companies reported their own emissions (scope 1), and the emissions of the electricity they bought (scope 2). F) above pre-industrial levels by 2040.
Remember how the nation mobilised seemingly overnight for the Allied Powers 80 years ago? It won't be boats, it will be solar farms. Next is the demand side. Sixty-nine million US homes have a gas meter, feeding water heaters, cooking appliances and so on. "So Now we have to fight a similar war.
Tesla to allow Powerwall customers to sell power to the grid, India's EV plans advance, and all the green business news from around the world this week. New Tesla Electric to sell Powerwall customers' power back to the grid. Iberdrola and UNICEF launch global green skills push.
Remember how the nation mobilized seemingly overnight for the Allied Powers 80 years ago? It won’t be boats, it will be solar farms. Next is the demand side. homes have a gas meter, feeding water heaters, cooking appliances and so on. “Now we have to fight a similar war. . It’s not going to be bullets.
Accelerating the build-out of clean energy will reduce costs and make the UK more secure, write Josh Freed and Isabelle Chan of US think tank Third Way, which released a new policy paper on the topic on 29 September. For example, the UK has the Business, Energy, and Industrial Strategy Department. Why industrial strategy?
The US Department of Energy (DOE) announced up to a $1.3 To realise the full benefit of the nation’s goal of 100% clean electricity by 2035, we need to more than double our grid capacity,” said US secretary of energy Jennifer M. Construction is expected to start in Q1 of calendar year 2025.
But the promise of streamlining the planning process may also offer a much-needed boost for major low carbon energy projects such as nuclear power plants and offshore wind farms. And we're accelerating new road, rail and energy projects by removing restrictions that have slowed down progress for too long. "We
The dark, often viscous liquid is the single biggest contributor to the world’s energy mix, at 34 per cent of consumption, followed by coal at 27 per cent and natural gas at 24 per cent. In 2019, global demand reached a record 100 million barrels a day, driven in part by the needs of rapidly industrialising emerging markets.
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