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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.
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.
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. and Europe. Today, the U.S.
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.
An EV is a fine thing on its own—but it becomes truly transformative as part of a local system that also includes solar panels, battery storage and smart charging. The company was established in 2006, and now has offices in the US, Brazil, throughout Europe and Asia, Australia and Israel.
In the space of just a few days, two separate projects have brought the promise of offshore floating solar a step closer to commercial reality. First, the oil and gas major Equinor announced its involvement in an offshore floating solar trial with Moss Maritime off the Norwegian island of Frøya. But that could be set to change.
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.
residential energy aggregator Social Energy is planning international expansion after gaining multimillion-dollar backing from U.S. ” Minneapolis-based CarVal Investors bought into Social Energy in December last year, the energy company said in a press release. Power Networks. In the U.K., In the U.K.,
100 million smart meters and counting by Gridspertise, a new era for smart meter data in Japan and Kaifa going OSGP and Sigfox are on the week’s technology radar. 100 million smart meters and counting by Gridspertise, a new era for smart meter data in Japan and Kaifa going OSGP and Sigfox are on the week’s technology radar.
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.
Energy sector digital identity app spins off for global use, an intelligent power solution for China’s high energy physics platform and a hydrogen-powered superyacht unveiled are in the week’s technology radar. The power system includes 138 panels of UniGear ZS1 MV switchgear, 318 panels of MNS3.0 Have you read?
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. Europe’s growth story, on the other hand, is expected to be slower than its global counterparts.
The world’s total renewable power capacity will grow 50 percent between 2019 and 2024, according to the International Energy Agency. For investors keen to tap into this growth, mostly driven by solar and wind, the question is where to look. Chile: Solar and wind. China: Solar and wind. Ethiopia: Solar.
Distribution grids around the world tend to operate in relative darkness, in terms of sensors and monitors to reveal their point-to-point and moment-to-moment condition to their operators. But that may have to change as distributed energy resources take up an increasing role in powering them.
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?
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.
In December he set a 2030 wind and solar capacity goal of 1,200 gigawatts, up from around 450 GW today. As of 2020, it was responsible for the transmission of that 450 GW of installed wind and solarpower. That solar surge saw the country’s cumulative installed PV capacity go from 6.5 Now it’s happening again.
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.
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. Microgrid debt financing.
As I indicated in the previous article , BP has turned over publication of the annual Statistical Review of World Energy to the Energy Institute (EI). Overview The newest Review shows the world remains heavily reliant on fossil fuels for energy needs, even as renewables like solar and wind continue rapid growth.
Japan’s electricity sector is facing the triple challenges in the energy transition of energy security, cost and decarbonisation , writes James Tedd from GridBeyond. While there has been growth in the solar sector, most generation is provided by gas and coal. Image: GridBeyond. Demand side measures. Have you read?
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.
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.
BNEF downgrades growth forecasts for global solar and battery sectors this year, as markets suffer fallout from escalating pandemic. In addition, the global car market is set to be hit particularly hard by coronavirus impacts - particularly in China - which "will have ramifications for electric vehicles and battery demand", the update added.
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.
BNEF downgrades growth forecasts for global solar and battery sectors this year, as markets suffer fallout from escalating pandemic. In addition, the global car market is set to be hit particularly hard by coronavirus impacts - particularly in China - which "will have ramifications for electric vehicles and battery demand", the update added.
In recent testimony, Nuvve CEO Gregory Poilasne told the lawmakers that bidirectional charging can reduce the total cost of EV ownership, and that it’s essential for integrating more renewable energy into the grid. Going bi adds several nifty new benefits to driving electric. What did you tell the folks in Sacramento? That’s one way.
SP Group’s annual Smart Grid Index indicates that grids are getting both smarter and greener in North America, Europe and Asia Pacific. Globally, utilities improved the most in the ‘Green Energy’ dimension – one of the seven assessed – by 7%, with the North American utilities achieving a 10% improvement. Have you read?
Charge management software optimizes charging based on the available power, the schedules of the vehicles and the cost of electricity—from the rudimentary systems built into chargers to highly sophisticated systems that integrate with micro-grids or depot management.
With its abundant solar and wind resources, coupled with a strategic geographical location, Egypt is well-positioned to become a reliable hydrogen supplier to Europe and beyond. 2 of 2024, for instance, provides significant tax credits, VAT exemptions on equipment, and reductions in port usage fees for green hydrogen initiatives.
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.
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.
A new report published in the journal Scientific Reports has warned that extreme droughts are set to become much more frequent across central Europe in the coming decades as climate impacts escalate. Tariff row threatens Indian solar boom. Study: China accounts for over 90 per cent of planned global coal power capacity.
On the face of it, the power sector in Africa seems to be in trouble. Yet, there is another side to this tale of darkness – one in which electrification, light, new interconnections and power developments are springing up all over the continent and innovative technology is being adopted at a rate never seen before. Hydrogen future.
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UL, renewable energy modelling software developer, announced the release of HOMER Front. The licensable web-based software platform will enable designing and optimising of complex utility-scale energy storage systems (ESS) — whether standalone or in combination with solar or wind energy.
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Chinese solar technology company LONGi Green Energy Technology Co has announced plans to establish a Future Energy Spacelab. Following the establishment of the Future Energy Spacelab, LONGi plans to test its new products and their reliability in the space environment. Sign up to our newsletter and stay informed.
In a northern suburb of Osaka, a brand new community development is aiming to be the first in Japan to derive all its electricity from renewable sources. It is home to 600 households, with each residential home boasting solar panels on the roof and a plethora of smart technologies.
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The energy industry's interest in low carbon hydrogen is building fast, and the nuclear industry reckons it could yet have a crucial role to play. There may be on-going debates about how best to use hydrogen - should it be deployed to heat buildings, provide energy storage, decarbonise heavy industry, or fuel trains and planes?
Machine learning based battery charging protocols, propane as an energy efficient and environmentally friendly coolant for space cooling, the remotely controlled Robobug and a new light on nano-level electrical circuitry, satellite observations for energy development in Africa and a zero emission luxury catamaran are on the technology radar.
RE100 reveals record numbers of businesses want to switch to 100 per cent renewable power, but is policy inaction and market regulations standing in their way? Members procured a minimum of 85TWh of renewable electricity from projects commissioned or re-powered in the past 15 years, accounting for half of all purchasing.
The project will be constructed in Italy, and the 30-meter-tall tower will be built from steel and laminated wood. On top, a waiting room, a café and a 200-square-meter panoramic restaurant can be accessed via the connecting lift. Vehicles will take off and land from a platform on the roof terrace.
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