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$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.
Utilities around the world will invest around $30 billion over the next five years to install more than 300 million smart meters, bringing many of the world’s most populous countries to full deployment but leaving other parts of the globe with relatively low penetration. Slow smart meter rollout in Germany.
And what energy product will be used both to power this city and sell to the world? The Saudis are going big on something called green hydrogen — a carbon-free fuel made from water by using renewably produced electricity to split hydrogen molecules from oxygen molecules. This summer, a large U.S. This summer, a large U.S.
(GIA) shows that the global market for smart electricitymeters is expected to reach $15.2 The prediction comes courtesy of market research publisher GIA’s latest report, Smart ElectricityMeters – Global Market Trajectory & Analytics. billion by 2026. Covid-19 and its market repercussions. CAGR and reach $11.9
A new report published by Research and Markets states that the global smart meters market will expand by 9% between 2021 and 2026 and highlights factors driving the market. billion in smart grid investments is expected to be made in the Asia Pacific between 2018 and 2027. billion to $30.2 billion to $30.2 Have you read ?
Industry group calls on governments to ensure regulation is fit for purpose and “look beyond LCOE”, in order to accelerate growth of wind energy and meet climate targets. According to the report, 2019 was the second biggest year for wind power historically, with installations of 60.4
India’s Panaji Municipal Corporation has awarded its smart water metering contract to Cranberry Analytics for use of its smart meters. The award will see Cranberry utilise Semtech’s LoRa devices and the LoRaWAN standard into its ultrasonic smart water meters. Have you read: AMI to influence utility cybersecurity spend for 1.3
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.
As the 2020s progress, flexible energy portfolios will grow significantly as resources on either side of the meter proliferate in the U.S., Europe, Asia and beyond. Both electric vehicles and electric heat are expected to see record growth in the 2020s. Today, the U.S. gigawatt-hours today. and Europe.
Blockchain’s energy sector uses range from the highly speculative—think peer-to-peer energy trading using cryptocurrency raised in initial coin offerings (ICOs)—to more incremental efforts, grounded in real-world challenges of operating an increasingly decentralized power grid. are testing it out.
Remote minigrids are a tough market for a traditional smart meter vendor. The meters that minigrids use need to be cheap, rugged and reliable, and they must be able to adjust to the often unstable operating conditions of solar-powered standalone grids. ” The World Bank’s International Finance Corp.
Energy Absolute is a major Thai electric utility that’s branching out into e-mobility. Now Energy Absolute has announced plans to deploy a fleet of 27 electric catamarans, which will operate as passenger ferries on the Chao Phraya River in Bangkok. Source: Danfoss Editron’s.
Smart electricitymetering in Asia-Pacific is expected to grow at a rate of over 6% from 818.6 With this, the penetration rate of smart electricitymeters in the region will grow from 61% in 2023 to 80% in 2029 while cumulative shipments during 2024–2029 will amount to a total of 872.7 million smart meters.
The smart electricitymetering market in Asia-Pacific is on its way to reaching a historic milestone of 1 billion installed devices, according to a new research report from IoT analyst firm Berg Insight. Asia-Pacific rollout. million units in 2021 to 1.1 billion units in 2027. million units.
The smart meters market is expected to surpass $55.7 Rapid expansion and modernisation of grid infrastructures along with growing awareness of energy conservation will propel the smart meters market scenario. • million by 2025 Gas and power prices continue to soar due to Ukraine conflict. Market factors.
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. Energy Storage Monitor report. Rory McCarthy and Le Xu are the authors of the Wood Mackenzie Global Energy Storage Outlook: H2 2020 report.
Despite drops in energyusage during the pandemic, coal power use only declined by four percent in 2020, according to a new report. While coal used for power generation dropped 20 percent in both the U.S. F), according to the 2021 Global Electricity Review by think tank Ember. . electricity consumption was 2.5
Some 80% of organisations in the Asia Pacific were affected by ransomware attacks in 2021 with 51% paying the ransom, according to the Global State of Industrial Cybersecurity 2021: Resilience Amid Disruption report released by Claroty. Cybersecurity guidance for distributed energy resources Ransomware – how secure are your protection relays?
The concept of smart cities is gaining popularity due to rapid urbanisation and favourable government initiatives worldwide. Additionally, the growing adoption of electric vehicles (EVs) has also created a demand for the development of advanced charging infrastructure in cities worldwide. billion by 2030, a CAGR of 24.2%.
The announcement appeared to draw condemnation from environmental groups and neighbouring countries, while support was forthcoming from both the US and the International Atomic Energy Authority (IAEA). Greenpeace said the decision “disregards the human rights and interests of the people in Fukushima, wider Japan and the Asia-Pacific region.”.
Titled “Groundwater: Making the invisible visible”, the authors call on States to commit themselves to developing adequate and effective groundwater management and governance policies in order to address current and future water crises throughout the world. Unlocking groundwater’s full potential – what needs to be done? Collect data.
It's not necessarily that the game of musical chairs has intensified in the C-suite, but you'll note major executive moves at big apparel, food, energy, finance and technology corporations, some of which have enlisted a chief sustainability officer (CSO) or equivalent for the first time.
This brings the power of Google’s cloud to the entire NICFI community to run analysis at regional and global levels to study the effects and solutions of tropical forest loss at scales not possible through traditional means. Government agencies are also accessing Planet-NICFI Basemaps in GEE to drive new conservation solutions.
With Planet’s remote sensing technology, government agencies gain invaluable insights to monitor ecosystems, prevent illegal activities, and protect forests, wetlands, and wildlife, driving impactful, cost-efficient environmental preservation efforts.
Following a decline from 2016 to a little over $300 billion 2019 and 2020, the investment in power grid infrastructure has been steadily increasing, the IEA shows in its latest ‘World Energy Investment’ overview. Power transformers in particular encounter obstacles due to inflationary pressures and supply shortages.
As of 2020, it was responsible for the transmission of that 450 GW of installed wind and solar power. GW in 2012 to 130 GW in 2017, according to data from the Asia Europe Clean Energy Advisory. Building a grid and power market fit for net-zero carbon. Ongoing reforms will look to establish a national power market.
The coronavirus crisis gripping the global economy has forced clean energy analyst BloombergNEF (BNEF) to downgrade its expectations for the solar, battery, and electric vehicle (EV) markets, in one of the first signals that the escalating pandemic could undermine urgent efforts to combat climate change.
Although potentially providing significant avenues for energy savings and prosumer capability, such products attract potential data security and privacy risks. To make matters even more complex, different data protection and privacy laws and regulations apply in the USA, Europe and Asia. The regulation was published on 12 January 2022.
Furthermore, the company draws a distinction between a battery-buffered solution, which needs the grid to operate, and a battery-integrated solution, which can operate on its own, and can be made bidirectional to send energy back to the grid in times of need. A battery-buffered system is just taking energy from the grid.
Cleaner Electricity Grids Equal Longer Life Expectancy By Nils Frenkel, Sales Director, North America When I was working with the City of San Antonio’s Climate Action and Adaptation Plan a few years ago, I learned about a shocking statistic in the city I call home. Peaker Plants Are Located Throughout the U.S.
The coronavirus crisis gripping the global economy has forced clean energy analyst BloombergNEF (BNEF) to downgrade its expectations for the solar, battery, and electric vehicle (EV) markets, in one of the first signals that the escalating pandemic could undermine urgent efforts to combat climate change.
For decades, governments of Southeast Asia gave agricultural companies the rights to develop vast swathes of forest, and those companies turned wilderness into plantations as fast as they could. In 2011, the government of Susilo Bambang Yudhoyono announced that it would stop handing out forest land for palm oil plantations.
The report is said to be based upon a worldwide monitoring network of more than 30,000 stations. IQ Air said government-operated stations contribute 73% of air quality data in Europe, with Germany having the highest number of cities included in the report and Russia’s data bolstered by non-government operated stations.
The Centre aims to foster innovations and applications for modernisation of the power grid and the development of novel electricpower systems. The Hong Kong research centre aims to establish an international platform for grid modernisation for exchange and collaboration with academia, industry and governments worldwide.
The Energy Development Corporation (EDC) recently celebrated the 40th year anniversary of the Tongonan geothermal power plant in the Leyte geothermal field of the Philippines. After several years of intensive exploration and development work, the Tongonan-1 geothermal power plant was inaugurated on July 02, 1983.
This week’s edition of Smart Energy Finances sees a new study from BDEW and CapGemini detail how sustainable transformation and decarbonisation purchasing are more important than ever for Austrian and German utility Environmental, Social, and Governance (ESG) goals. ESG for utilities: decarbonisation on the up.
The proportion of global power generation represented by VRE, such as wind and solar power, has been rising rapidly since 2007. Renewables will become the largest source of electricity generation in 2025. Existing hydropower plants can also help with this large ramp up power.
The Southeast Asia region has earned an excellent reputation in the field of geothermal power generation. As of the end of 2023, the Philippines and Indonesia have a combined installed geothermal power capacity of 4370 MW , or about 27% of the global installed capacity. It can be small, even just 100 kW.
“For the last 14 years or so it’s been well accepted that the rate of heating of polar regions is happening two to four times faster than the rest of the world,” said Mark Parrington, a senior scientist at the Copernicus Atmosphere Monitoring Service. In 2020, the Russian town of Verkhoyansk reached 100.4 Then came the lighting.
The utilities industry has warmly embraced this disruption by introducing smart meters, intelligent sensors, and other connected technologies into their existing infrastructure. For utilities, this could be the combination of government-mandated maintenance and the day-to-day maintenance that companies conduct for business continuity.
This story is part of the series Getting to Zero: Decarbonizing Cascadia , which explores the path to low-carbon energy for British Columbia, Washington, and Oregon. And, in the United States, political gridlock chopped the heart out of Congress’ most ambitious clean energy plan. . Worried about the climate crisis? If not sooner.
The episode highlights key moments from the event, including the launch of the Declaration of Communication, the Indigenous Geothermal Symposium, and a look at the innovative technologies shaping the future of geothermal energy. first appeared on ThinkGeoEnergy - Geothermal Energy News. Watch the 4th episode of GeoTV here.
The conventional standard ISO4064/OIML R49 mainly refers to the metering and mechanical features of the water meter, such as R100 or R160, the length of the meter is 165mm or 190mm. There is currently no unified standard for smart water meters except IEC62055-41,51 which is the standard for STS prepayment functions.
These family-owned and often impoverished producers each manage only a few hectares of land, but they provide a third of the world’s food and up to 80 percent of food in Asia and sub-Saharan Africa. Yes, digital tools like crop monitoring can help farmers become more efficient. percent of climate finance.
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