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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.
The Bangladesh Rural Electrification Board (BREB) is to install 500,000 smart prepayment meters as part of an advanced metering infrastructure solution from Itron. In addition to laying the groundwork for a more robust and resilient grid, BREB should be enabled to connect customers’ smart home devices with Itron’s AMI solution.
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 ?
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.
V2G tech company Nuvve and battery specialist Guangzhou Great PowerEnergy and Technology Corporation have announced a strategic partnership to accelerate the deployment of stationary storage batteries and their integration with the power grid.
The implementation of advanced metering infrastructure (AMI) is moving forward to enable the integration of new distributed energy resources and to bring more transparency to a well-balanced energy grid. Smart meter data connectivity. How to securely retrieve metering data, once meters are operating in the field?
Intelligence in smart meters and other IoT edge compute network devices, whereby applications utilize analytics to provide near real-time situational awareness and localized control, is set to play a key role in the operation and ever-increasing adoption of renewables and electric vehicles, is discussed by Itron’s Wassim Akhdar and Nick Phillips.
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. NYPA enhances cybersecurity of New York energy value chain. Have you read?
The report, Smart Cities: Key Technologies, Environmental Impact & Market Forecasts 2022-2026 , states that the global annual spending on smart city projects will increase from $35 billion in 2021 to $70 billion, with the majority of the spending directed towards improving grid resilience and intelligence through smart technologies.
EDF leads a proof-of-concept on automating renewable energy transactions and Eurelectric’s study on the benefits of matching energy consumption with clean energy on a (near) real-time basis are on the week’s technology radar. Have you read?
Transmission upgrades are vital to help build the net zero carbon grid of the future by integrating large-scale solar and wind farms into the nation’s power grids. These dispatches delivered a large amount of capacity to energy markets worldwide. But building transmission lines is contentious and time-consuming.
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. The former U.K.
For this episode of the Local Energy Rules Podcast, a rebroadcast of episode 127 of the Building Local Power Podcast , host John Farrell speaks with guest Jean Su. Farrell and Su discuss how legal advocacy for energy democracy can overcome utility barriers to a renewable energy economy.
This week’s Smart Energy Finances looks at an investment round for Neara, an Australian company that has developed a platform that uses AI to help utilities design networks, enhance wildfire and vegetation management programmes and bring renewable projects online faster. million) for Shanghai ElectricEnergy Storage Technology.
Enlit Asia is delighted to announce our first in-person event in two years. We have long awaited to be reunited with our clients and to host this most prestigious event for our partners and the ASEAN power and electricity community.
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.
Making smarter use of the potential of still sparsely developed groundwater resources, and protecting them from pollution and overexploitation, is essential to meet the fundamental needs of an ever-increasing global population and to address the global climate and energy crises” says the Director-General of UNESCO, Audrey Azoulay.
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.
This heat feeds surging demand for electricity and increased strain on already taxed power grids. These climate change linked trends are highlighting the growing need for distributed energy resource management systems (DERMS) that can manage the grid intelligently while quickly responding to the real-time needs of grid operators.
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.
The aim is to study the feasibility and usefulness of the SaaS platform in what is a changing market for Japan’s electricity retailers. The initiative from Japanese consultant Abeam Consulting and energy solution provider iGrid Solutions and US-based analytics provider Innowatts combines iGrid’s R.E.A.L. IGrid’s R.E.A.L.
With this in mind, we went directly to three cities in three countries in the Asia-Pacific to discuss with the frontliners of change, exchange insights, and bring ideas over for our common sustainability goals at our inaugural Planet Connect events in Tokyo, Hanoi, and Sydney. And it starts with local communities. Within days after the 7.6
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.
In the move to a customer-centric, distributed energy system, data is playing an increasingly central role. Utilities are facing a torrent of energy data that must be managed and processed in as close to real time as possible. For example, in monitoring a smart meter deployment. Energy data is proliferating.
Productivity has been boosted by the use of a pool of digital tools including data analytics, supply chain management to boost resilience and full automation of business processes including finance, human resources, manufacturing and procurement.
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.
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.
In an era where artificial intelligence (AI) is impacting our lives across nearly every domain imaginable, its importance in the power systems sector cannot be overstated. Orchestrating armies of diverse, decentralized DERs poses significant challenges for power providers, utilities and other grid operators.
Glasgow-based Smart Metering Systems (SMS plc), an energy infrastructure company, has acquired the domestic services division of Manchester-based heat pump specialist Evergreen Energy, which imports and distributes European-made renewable energy products.
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 power grids to maintain energy reliability and security. Have you read?
The World Energy Council’s World Energy Trilemma 2024 report reveals changing ambitions and new challenges facing global energy systems. Energy security now encompasses the reliability of renewables, availability and accessibility or critical minerals, and resilience in the face of physical and cyber threats.
Green , James Bee , and Kevin Mak On 3 December 2023, the Monetary Authority of Singapore (MAS) unveiled the Singapore-Asia Taxonomy for Sustainable Finance (Taxonomy) at the United Nations COP28 climate conference in Dubai. These credits are generated by reducing emissions when a CFPP is retired early and replaced with clean energy.
Malaysia’s government plans to increase the share of renewable energy in its installed capacity to 31% in 2025 and 40% in 2035 under its power generation plan, according to the Malaysian Investment Development Authority. This feature article was originally published in The Global Power & Energy Elites 2022.
The Amazon rainforest was once one of the world’s most powerful carbon sinks, largely a result of its uniquely dense tree cover. Researchers say political stability in rainforest countries plays a major role in ensuring forest protection, which could go a long way towards increasing forest resilience to catastrophic outcomes.
In today’s distributed energy system, managing power grid 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. The energy transition is reshaping utilities’ business model.
For IDC Energy Insights, this effort rests on an analyst team that stretches from Europe to Asia, Oceania and North America. With customer expectations largely formed by digital-native, customer-centric brands from outside the energy industry, it’s imperative that utilities deliver an experience that measures up.
The minigrid funding commitment from international donor organizations is “in the billions,” says Daniel Kitwa, energy access finance advisor at the Africa Minigrid Developers Association (AMDA). The main roadblock seems to be Africa; so far, 60 percent of all minigrids have been installed in Asia, said the report.
A game-changing integration that’s powering up the energy transition As the energy transition gathers pace, power utilities are undergoing a transition of their own. A distributed system that relies on intermittent energy sources is highly complex and challenging to manage. Collecting data is critical.
Microgrids and VPPs are similar concepts and are playing an increasingly vital role in the development of a more decentralized and clean power delivery system. For definitions of Distributed Energy Management Systems – DERMS – learn more on AutoGrid website. (One Department of Energy (DOE). What is a MicroGrid?
Advanced metering infrastructure, or AMI, is considered to be a key enabler for the global energy transition, enabling future services, optimising grid visibility and optimising grid investment. Doyle mapped out the key challenges to building a case to move beyond meter-to-cash, as well as the importance of overcoming these challenges.
The announcement, led by 40 members of the Global Cement and Concrete Association (GCCA), marks the biggest global net zero commitment from the carbon-intensive sector to date, and brings together firms from North and South America, Africa, Asia, and Europe.
Every major tire manufacturer globally is raising its game — not only in terms of performance in the face of bigger, heavier electric cars but also in terms of environmental impact. Location: “Hevea trees are primarily grown in Southeast Asia,” he says, “while guayule is grown in the Southwestern US.” Chief among them?
New Energy Nexus, New York, NY. We are a soon-to-be launched not-for-profit business accelerator working to significantly speed the growth of the inclusive clean energy economy of New York State, and beyond. Each cohort will focus on a different part of the clean energy economy (e.g. Who We Are. About the Role.
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