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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.
Three major European grid operators are rolling out a new blockchain platform to tap the growing penetration of small-scale distributed energy resources for grid balancing. As behind-the-meter resources like batteries, heat pumps and electric cars proliferate, challenges remain in finding ways for them to benefit the wider grid.
Influenced by the increasing penetration of “behind-the-meter” distributed energy resources (DER), power systems are experiencing a paradigm shift from a centralized structure to a decentralized one. million rooftop solar power systems installed in total, as of 31 December 2020. Mohsen Khorasany , TYMLEZ.
And in energy circles, one of the biggest buzzwords in recent years is the virtual power plant, or VPP. But VPPs have really taken off in the last 10 years, not just as a concept but as something that a growing number of energy companies are creating, using and commercializing.
When blockchain arrived on the energy scene three years ago, much of the discussion went straight to disruption and disintermediation. Still, progress has been slow and driven almost entirely by startups that either have limited funding or the ability to willfully ignore the range of regulations surrounding electricity markets.
Vermont power distribution company Green Mountain Power is piloting LO3 Energy’s Pando local energy marketplace platform. Green Mountain Power’s ‘Sun Match’ pilot is aimed to enable low and middle-income customers to benefit from solar power without them having to build their own systems. Have you read?
Dubai substations, broadband in Germany, a proposed battery identification standard and the forthcoming Matter standard are under the technology radar in this week’s Technology Trending. Smart Energy Finances Weekly: Asian stakes and the race to net zero. Smart Energy Finances Weekly: Asian stakes and the race to net zero.
A tie-up between Vodafone and Energy Web is evidence that an emerging flexibility services opportunity is luring new players to the energy sector, insiders believe. The endgame is to give an even wider range of devices access to future flexibility services markets, said Energy Web chief executive officer Walter Kok. In the U.K.,
This is my attempt at an "explainer" on blockchain, describing it as simply as I can, and exploring how it may help build the clean grid. Blockchain is everywhere — at least when you’re talking about media coverage. In short, in the words of a recent Wired overview of the technology , blockchain creates “tamperproof databases.”
He formerly served as President Obama’s appointee to a US Federal Commission established to assess emerging energy-focused digital technologies. In the emerging energy marketplace, what’s the best role for non-utility market participants? electric vehicles), stationary energy storage and microgrids.
Today, we are proud to support more than 115 climatetech startups that are reimagining how we use and store energy, how we manufacture goods, our transportation infrastructure, and so much more—all in the name of climate action and creating a just, sustainable future for all. . Electricity. Agtech + Water.
Nearly 30 startups joined our community in the final quarter of 2020, working on innovations as diverse as zinc-ion batteries, long-range weather forecasts, wave energy conversion, and replacements for petrochemical plastics. ELECTRICITY. This energy storage solution is low-cost, flexible, and long-duration.
Capable of recording key wind characteristics such as speed and direction up to and above 200 meters vertical height, her special skills meant #106 was always destined to be a traveler and it wasn’t long before she spread her wings. Contributed by Alexander James. Read more: How LIDAR is Transforming Remote Solar Sales and System Design.
Twenty-five startups joined our community in the final months of 2021, working on innovations as diverse as solar-plus-storage for blackouts, plastic and tire recycling, geothermal power generation, and construction-less dam electrification. Electricity. Fervo Energy is a next-generation geothermal power developer.
It’s also changed how companies do business. Technology like artificial intelligence (AI), sensors and blockchain are enabling companies to provide cutting-edge products and services for consumers – from virtual gyms to smart water dispensers – and increase operational efficiency as they do. Water is a growing risk factor to business.
Twenty-two climatetech startups joined our community in Q3 2024, working on technologies ranging from a ring anchor for offshore wind turbines, to electric personal watercraft, to industrial power-to-heat solutions. We’re thrilled to support these groundbreaking climatetech startups—let us introduce you!
Agriculture Clean Crop Technologies ’s proprietary Clean Current technology combines food-grade gasses and electricity to remove contaminants from seed and food surfaces, improving food safety and reducing food waste. We’re thrilled to support these groundbreaking climatetech startups—let us introduce you! based on thousands of sources.
The Extreme E off-road racing platform has energy sustainability and emissions reductions as one of its key pillars. Extreme E was built on five pillars – environment, equality, energy, entertainment and emobility – and as its latest sustainability report seeks to show, it is achieving impacts in all of these areas. Have you read?
These 20 C-suite executives have steered their companies forward through much disruption, providing inspiration for the possibilities of advancing sustainability, social responsibility and circular business models — sometimes all at once. In 2014, the electrical engineer and MBA became the first woman to lead a U.S. Paul, Minnesota.
Statkraft has sold the 36MW Andershaw wind farm in South Lanarkshire to wind power specialist Greencoat UK Wind plc for £120m, with the European renewables major planning to use all of the proceeds from the sale to fund further renewables projects, it announced today.
Electric vehicle (EV) maker Polestar reduced its per-car greenhouse gas-emissions by six per cent last year as it continues to pursue its "moon shot" target of creating a truly net zero EV by the end of the decade. Through annual reports, we monitor our direction towards our ambitious goals and show that we do what we say.".
In this iteration of Smart Energy Finances Weekly, the Asian region shows interest in smart metering and electric vehicle (EV) expansion while flexibility and energy storage continue to prove key markets in the European domain. million smart meters currently deployed and operational. Trilliant’s APAC expansion.
IBM has spent the past decade advancing smart meter and digital grid technologies around the world, including playing a key role in designing the "Smart Grid Maturity Model" that helped guide investment strategies for hundreds of millions of dollars in U.S.
Decentralisation, blockchain and AI, the future grid and the space race are some of the areas in which numerous advances have been made in 2023 and are set to continue during 2024. Key issues have been around scalability, interoperability and energy efficiency. Have you read?
Protecting satellite imagery from fraud, Citopia network for a global battery passport and a high performance non-flammable battery option for warm climates are on the week’s technology radar. Information that would be included would be on the battery’s composition, its state of health, history and more. Have you read?
Turkey headquartered bus and coach manufacturer Temsa is set to be the first e-bus company to implement battery passports. The implementation of the battery passports, which will be established with blockchain traceability solution provider Minespider, will ensure that Temsa is compliant with the EU’s new battery regulation.
Dr Ana Trbovich, cofounder of Grid Singularity and the Energy Web Foundation, reports on a new study on the financing of energy communities. External financial support is generally only required for energy communities until two regulatory-related conditions are met. The study, titled ‘The decentralised energy system in 2030.
These 20 C-suite executives have steered their companies forward through much disruption, providing inspiration for the possibilities of advancing sustainability, social responsibility and circular business models — sometimes all at once. In 2014, the electrical engineer and MBA became the first woman to lead a U.S.
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.
An interconnector order from TenneT and TransnetBW for Hitachi Energy to bolster German energy security is the leading news story in this week’s Smart Energy Finance (SEF) Weekly. Hitachi Energy wins order for German interconnector. Image: Hitachi Energy. bp injects £50m into global battery R&D centre.
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.
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