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All of them are using their artificial intelligence prowess and analytics power to help companies such as BP, Chevron and ExxonMobil continue exploration and extraction. As part of its long-term strategy, Shell declared a net-zero emissions target by 2050 back in April. . But there's a lot more to the relationship.
How corporations can jump-start industrial electrification in the US. From cardboard boxes delivered to our doors to home appliances, nearly everything comes from industrial processes. Those processes use a lot of energy and largely come from fossil fuels; one-third of U.S. greenhouse gas emissions come from industry.
PEM electrolyzer: a fast-growing technology The green hydrogen, obtained from water electrolysis fed by renewable sources , is expected to be a key factor in decarbonizing the global economy, acting as an energy vector and sustainable chemical feedstock to mitigate climate change. GW to 80 GW by 2030 and to 580 GW by 2050.
Now, new breakthrough climate accounting technologies are emerging as solutions to track and verify energy and carbon emissions, and report energy purchases and consumption. As more of these services hit the market, corporations making ambitious climate pledges will need to adopt energy and carbon tracking and reporting technologies.
gigawatt natural gas power plant in the U.K. have been shelved by the developer Drax, highlighting the challenging economics of converting coal-fired power to a cleaner, but still fossil-fuel-fired, alternative. ’s largest power plant. GW of power output to biomass, with a remaining 1.3 Plans for a new 3.6-gigawatt
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Buildings were first electrified nearly 150 years ago. So, why is it that “building electrification” is now among the energyindustry’s most popular buzzwords? Most buildings run on multiple fuels. They use electricity to power lights, refrigerators and electronic devices.
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?
million smart meters. The six suppliers are British Gas, OVO, Bulb, E.ON, Scottish Power and SSE and they will pay the combined total of £10.8 million) to Ofgem’s EnergyIndustry Voluntary Redress Fund, which is used primarily to support vulnerable consumers. million (US$2.10) Scottish Power – £1.24 million (US$13.2
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 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.
"Each year, approximately 50 million tonnes of electronic and electrical waste (e-waste) are produced, equivalent in weight to all commercial aircraft ever built; only 20 percent is formally recycled," write the authors of a report published by the World Economic Forum in 2019. "If Exciting new business models.
As global effort to fight climate change intensifies, the challenge for battery manufacturers and their supply chains is to find ways to meet the rapidly growing demand for electric vehicles (EVs). According to the International Energy Agency (IEA), global sales of new electric vehicles (EV) grew from 3 million in 2020 to 6.6
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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.
Developers of the new technology are urging industry stakeholders to recognise the nationally-important strategic contribution that new smart stormwater systems could make, not only to reducing mains water demand but also to lowering surface water flood risk and preventing sewer overflow pollution. Proven successes already. “In
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We believe this research has huge potential benefits and will lead to marketable opportunities within the marine energy sector.”. Dr Samuel Stanton, Global Sector Head, Marine and Energy at NatureMetrics, said: “I’m looking forward to showing how?eDNA eDNA methods can help companies in the marine energy sector monitor?nature?cheaply,
Hitachi Energy has announced an investment of more than €30 million ($32 million) in the expansion and modernisation of its power transformer manufacturing facility in Bad Honnef, Germany. Expected to be complete in 2026, the project will see the facility expand to over 15,000 square meters.
It’s a multi-billion-dollar (per annum) market, explains Dr Mikael Khan, business development manager with consultancy firm Aqua Enviro. With a burgeoning human population, the lightning pace of industrialization, and now climate change, the stress on freshwater water availability has never been so great. Smart water metering.
Two in five freight companies are using existing data to improve efficiency, meaning immediate opportunities to decarbonise fleets are being missed, according to a business connectivity provider for the transport and logistics sector. Does the industry truly believe in net-zero targets?
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.
Industrial automation technology firm ABB has won the 2023 Global Water Awards in the category “Smart Water Project of the Year” for its collaboration with Wellington Water, the water services provider for the Wellington region of New Zealand. Wellington, New Zealand. If there’s a ‘Water Oscar’ out there, this is it, and we just won it.
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.
Commentators in the environmental sphere seemed to broadly welcome the UK government’s “Ten-Point Plan for a Green Industrial Revolution”, unveiled on 18 November, although some lamented its apparent inconsistencies. Electric avenue.
American ElectricPower – operator of the nation’s largest electricity transmission system – announced on Monday the launch of a Sustainable Finance Framework (SFF) to support the funding of social and environmental projects. San Diego-based energy infrastructure giant Sempra announced a similar SFF last week.
Government sets out plans to accelerate smart meter rollout across UK homes and businesses, in bid to boost post-Covid-19 recovery. Advocates of smart meters see them as crucial for boosting public awareness of energy use and automating billing processes.
The research report, “ Smaller businesses and the transition to net zero “, highlights the potential collective influence of UK smaller businesses and the considerable contribution they could make to wider net zero objectives if they all made changes to reduce their carbon footprint. Image credit: Nenad Stojkovic , CC BY 2.0
Homeowners who make their properties more energy efficient could see their mortgage rate cut under a new government-backed pilot. They are aimed at encouraging and helping homeowners make their properties more energy efficient, with measures such as loft insulation and double glazing. million of government funding.
homes and commercialbuildings consume roughly two-fifths of the country’s overall energy, three-fourths of all electricity, and account for most of the peak electricity demand that drives generation and power grid infrastructure costs.
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.
A new Energy Demand Observatory and Laboratory will gather data on energyusage in UK homes, in order to inform future measures to reduce carbon emissions. Smart meter data – new uses under investigation in GB Unlocking smart meter data for research. Have you read? Data collection. Dynamic research.
According to the Energy Efficiency Movement, energy efficiency actions, such as the use of smart buildingenergy management systems, switching to EV fleets and using heat pumps, can result in global cost savings of approximately $437 billion.
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Multinational law firm Pinsent Masons has introduced a demand side response (DSR) energy reduction green technology to its London headquarters to mitigate their energyusage and emissions. The smart IoT controller integrates with Pinsent Masons’ own building controls systems. Sign up to our newsletter and stay informed.
By Carbonaide, a Finnish company serving the concrete industry As the climate continues to warm, so does the demand for technologies that can reduce CO2 emissions and/or efficiently remove CO2 from the atmosphere. Our industry only accepts robust, credible solutions, because buildings have to last for decades.”
Engineering giant Schneider Electric and clean tech hub Sustainable Ventures have teamed up to launch a funding competition for entrepreneurs looking to scale "open energy" technologies and solutions. As 2050 draws closer, we understand the critical need for open energy systems," she said.
utility can reach net-zero carbon emissions by 2050 while still keeping natural gas as a central part of its business, both to generate electricity and to sell to its customers. utility has yet fully fleshed out how it intends to eliminate natural gas power plants from its generation portfolio. To be sure, no U.S.
Smart meters and network automation were key components of the first phase of DEWA’s smart grid strategy. The strategy has seen DEWA (Dubai Electricity and Water Authority) replace its over 2 million electricity and water metering base with smart meters between 2015 and 2020. Have you read? The AED 7 billion (US$1.9
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gigawatts of assets by the end that period, building on its existing 46-gigawatt renewables fleet, a large chunk of which is hydroelectric capacity. to fulfill power-purchase agreements, many with commercial and industrial customers. Its smart meter fleet now totals 45 million units. billion ($12.6
Hitachi Capital is scaling up its financial support for a network of electric vehicle superchargers in the U.K. The first of its "Electric Forecourt" filling stations is currently under construction and expected to open in the coming months. Power from the completed solar plants will cover the usage of the charging facilities.
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Shell and CoensHexicon have formed a joint venture to build a massive floating offshore wind farm off South Korea. terawatt hour (TWh) of clean energy every year, enough to power more than 1 million homes once it’s completed. An application for an ElectricityBusiness License will be submitted this month. “We
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