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Now, new breakthrough climate accounting technologies are emerging as solutions to track and verify energy and carbon emissions, and report energy purchases and consumption. As more of these services hit the market, corporations making ambitious climate pledges will need to adopt energy and carbon tracking and reporting technologies.
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.
The practice comes with many advantages, including reducing the dependence on wild-caught species, but also raises environmental concerns, which some industry experts are trying to address with up-and-coming technologies such as analytics, blockchain, artificial intelligence and the internet of things. The challenges are not insurmountable.
Blockchain has been demonstrated to validate communication among devices on the smart grid and thereby enhance its resiliency. Such activities could trigger cascading power outages as breakers are tripped by protection devices. Sign up to our newsletter and stay informed. Have you read?
The partnership through the University of Namibia will include establishing a blockchain-native registry and verification system for quantifying the country’s carbon sequestration, carbon emissions and carbon credits from green hydrogen projects within Namibia. Satellite monitoring will be a key input to the verification tool. “By
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Samotics, an asset health monitoring technology firm, has expanded deployment of its AI-driven SAM4 system across Northern Ireland Water’s submerged assets to support the delivery of a more cost efficient and sustainable service. Sign up to our newsletter and stay informed.
The lack of environmental impact information and outdated technology are two ubiquitous issues plaguing industrial supply chains in general, but they are especially significant in the context of the fashion industry. . Using blockchain and cloud-based technology, a number of startups are already laying the groundwork. .
University of Wollongong Professor Willy Susilo has been awarded more than Au$400,000 (US$266,000) for research into green and sustainable energy-efficient metaverse technologies. DEWA launches Metaverse platform Technology changes in the energy sector during the pandemic and beyond. Sign up to our newsletter and stay informed.
New carbon accounting solutions, improving asset condition monitoring ROI, advances in analogue deep learning and The Line at Saudia Arabia’s future city Neom are on this week’s technology radar. Condition monitoring ‘need to knows’. Carbon accounting. Next-gen AI and programmable resistors.
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Dutch DSO Stedin is partnering with Energy Web to develop a digital identity-backed system for managing assets in a decentralised energy market. We’re excited to work with Energy Web, and to progress towards deploying this solution across our information and operational technology systems.”. Have you read?
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Australian blockchain pioneer Powerledger’s Montreal Commons project is set to be one of the world’s first carbon neutral apartment buildings. During times of peak demand they can then buy back electricity from the on-site battery at an agreed price. Sign up to our newsletter and stay informed.
Smart meters and network automation were key components of the first phase of DEWA’s smart grid strategy. The strategy has seen DEWA (Dubai Electricity and Water Authority) replace its over 2 million electricity and water metering base with smart meters between 2015 and 2020. Have you read? The AED 7 billion (US$1.9
Acea distribution company Areti announced that as of 31 January 2024, one million smart meters were installed on Rome’s electricity grid. The rollout of the Rometrix 2G smart meters was launched in October 2020, with the goal to replace the approximately 1.7 Have you read?
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The Dubai Electricity and Water Authority (DEWA) has announced the operation of its DEWA-SAT-1 nanosatellite which the company sent into the earth orbit on 13 January 2022. Have you read? The satellite travels at 7.5km per second and across the earth orbit in 90 minutes.
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New York State Assembly has passed a bill establishing a two-year moratorium on new proof-of-work crypto mining operations, unless 100% renewables powered. 100% renewable powered Bitcoin mining facility to prove concept Bitcoin mining spared from ban in Europe. “As Sign up to our newsletter and stay informed. Have you read?
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