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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.
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
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.
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.
How is technology helping to address the challenges faced by powergrids? According to the International Energy Agency, global electricity demand rose by more than 6% in 2021, the largest increase since the recovery from the financial crisis in 2010. The energy distribution model is becoming decentralised.
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.
homes and commercial buildings 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 powergrid infrastructure costs.
Swiss tech major Hitachi Energy has announced an upgrade and modernisation of its power transformer factory in Varennes, and other facilities in Montreal, Canada, to address fast-growing customer demand for sustainable energy in North America. The additional 130,000 square foot (approx.
Concerned about grid inertia, Taiwan’s state-owned electric utility Taiwan Power Company (TPC) has partnered with UK tech company Reactive Technologies Limited (RTL) to use its grid stability measurement platform. Sign up to our newsletter and stay informed
The Itaipu dam, at the Brazil-Paraguay border, is the second largest hydroelectric power plant in the world, with an installed capacity of 14,000 MW. Hydropower is an extremely old source of energy, whose provenance extends back to the watermills that were relied upon by ancient civilisations. Photo credit: Jonas de Carvalho (Flickr).
Engineering consulting firm Burns & McDonnell completed construction of three 10 MW/20 MWh lithium-ion battery energy storage systems in West Texas. The storage projects are designed as stand-alone energy resources to help reduce rolling blackouts and support Texas’ powergrid as supply and demand fluctuates.
The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year.
Around the world, governments, enterprises and utilities have set ambitious goals to reduce carbon emissions on their journey toward net zero in 2050. This will require greater intelligence and communication between nodes on the grid. IP/MPLS: Meeting the needs of the modern grid.
The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Energy & industry. Happy Monday! Lots of spice for clean investment this week. 14% of total investment came from the feds, with $33.7B of dollars put to work. Manufacturing.
Earnings season is here, and we read through the energy majors’ earnings report calls from last week so you don’t have to — and learned about the progress, and direction, of the energy transition. All of the energy majors referenced large projects in LNG and strong demand for the fuel. Happy Monday!
The clean energy analyst estimated $4.1tr would be required to sustain existing power systems worldwide, in addition to $17.3tr to expand grids for new electricity consumption and production, with significant policy intervention need to unlock the necessary level of investment. billion tonnes annually by 2050.
The US Department of Energy (DOE) is seeking input on a $10.5 billion programme for smart grids and other upgrades to strengthen the country’s electricitygrid. The funding, previously announced and now combined in the Grid Resilience and Innovation Partnership programme, is allocated in three parts – $2.5
million smart meters were installed in Britain last year, as the rollout once again picked up pace following the slowdown experienced during the earlier stages of the Covid-19 pandemic, the latest official data has confirmed. million meters. million meters. A total of 3.8
In an exclusive conversation with Robert Denda, CEO of Gridspertise, he explains how digital grid solutions conceived in Italy, building on Enel Grids’ legacy, are supporting DSOs worldwide. The Italian giant had in fact pioneered in Italy the first country-wide smart meter deployment in Europe and among the first globally. “I
Energy Networks Association and National Grid reveal plans to harness green and flexible energy technologies through latest innovation strategies. The coronavirus crisis reminds us of electricity's indispensable role in our lives," he wrote in a blogpost.
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.
An energy trade association that represents and promotes gas boilers and manufacturers is behind a barrage of negative press attacking heat pumps, DeSmog has learned. Much of the media coverage about heat pumps features Mike Foster, a former Labour MP and the chief executive of the Energy and Utilities Association trade body.
manufacturing Building a resilient supply chain Strengthening rural and Tribal access Scaling a regenerative food system These entrepreneurs join our portfolio of more than 160 companies that have collectively created over 10,000 jobs and are delivering real benefits in local communities. The Big Picture: Even a thin.5mm
The European shipping industry risks pushing global climate efforts way off course unless urgent action is taken to tackle emissions from existing vessels over the next decade, ahead of the then widespread rollout of zero carbon ships.
The grid serves as the underlying infrastructure for the climate transition — tethering us all via overhead and underground wire and fiber. 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.
Investors eye major role for hydrogen in decarbonising UK's gas and energy system after deal valuing business at £9.6bn. National Grid's 7,660-kilometre transmission system plays a critical role in the UK energy landscape, transporting the gas needed to heat homes and powerindustry and electricity generation.
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.
The heat pump replaced a radiator — those rattling, hissing things that are hallmarks of most old buildings in New York City. They’re supposed to save energy, cut down utility costs, reduce pollution, and give residents access to air conditioning that didn’t have it before. It ended up being too unwieldy, and the project stopped there.
Why Australia is Truly the Virtual Power Plants Market Frontier? As one scans the world for opportunity during the current energy transition, one of the most vibrant regional markets is often forgotten due to its geography. This will require integration of behind-the-meter with front-of-the-meter assets to maintain grid reliability.
VERGE Energy Conference (VERGE 20) will take place on October 26-30, 2020. This online event can be attended from anywhere, The central theme at VERGE 20 will focus on how energy systems can be decarbonized, decentralized, digitized and democratized. Climate change is the most significant global threat we face today.
Treasury released its final rules for the Inflation Reduction Acts Section 45V Clean Hydrogen Production Tax Credit, it ended a contentious two and a half year debate with one of the rarest policy outcomes a compromise that works for consumers, industry, and the climate.
States, cities, businesses, and organizations across the country are taking increasingly large steps to reduce emissions — and those efforts are aided by the falling costs of renewable energy and other decarbonizing technologies. Climate pressures like ocean acidification have made it harder for the mollusks to build and maintain shells.
February 2021 Cleantech Roundup: Climate Software Gold Rush | Lone Star State Struggles | Jobs and the Energy Transition Credit: Poole Group This month, we’re covering the rush of investing into startups that quantify, manage, and verify carbon emissions reductions, Texas’ grid troubles, new research on transitioning fossil fuel workers, and more!
Consider this an important first, a base to build further disclosure mandates off of, and a harbinger of the increasing politicization of investing and climate. In deals there’s $283m for electrolyzers across two deals, $16m for energy efficient processors, and $11m for DAC. Thanks for reading!
By far the biggest grid edge story of 2020 was the continued commitment of U.S. Plenty of industry observers and critics have pointed out the gaps between utilities’ 2050 net-zero carbon goals and their short- and long-term resource plans, many of which call for continued buildout of natural gas-fired power plants.
A massive energy bill that could direct billions of dollars to renewable energy, energy storage and smart grid R&D and deployments faces an unclear future in the U.S. The American Energy Innovation Act, introduced last month by Sens. The American Energy Innovation Act, introduced last month by Sens.
Senate will consider a bipartisan energy package this week that could be this year’s best legislative hope to increase federal funding for a number of energy technologies, from solar, wind and batteries, to more efficient fossil fuel-fired power and carbon capture. trillion spending bill passed by Congress in December.
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