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Last summer, the investment arm of northern Europe’s largest financial services group dropped Brazilian meat giant JBS from its portfolio. The exclusion of JBS is quite dramatic for us because it is from all of our funds, not just the ones labelled ESG," Eric Pedersen, Nordea’s head of responsible investments, told The Guardian. .
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.
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. Increase in DER integration.
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. Another difference concerns markets and regulation.
Due to highly price-competitive environments, upstream supply chain participants have little motivation to invest in improvements. Downstream supply chain participants that rarely have a personal stake, such as powerful brands and retailers, hardly encourage prioritization of sustainability upstream.
Energy bills for numerous businesses at a large industrial estate have been heavily reduced by peer-to-peer trading, says UrbanChain, a provider of peer-to-peer energy exchange services. It’s working and it has developed,” said Andy Oswald, who manages West Suffolk Council’s energy generation.
It’s been more than half a decade since grid watchers first began talking about the concept of trading energy with your neighbors across peer-to-peer platforms. Such pitches often come with promises of lower electricity prices and more stable grids. “The electricity system in the U.S. an expert says. van Soest said.
The funding round was led by Amsterdam-headquartered energy venture provider SET Ventures and included Google and the Microsoft Climate Innovation Fund as well as existing investor EIT InnoEnergy. First blockchain platform for green hydrogen tracking developed Blockchain in Europe’s energy sector – policy and regulation.
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
Challenges remain for the deployment of blockchain in the energy sector, the EU’s Enerchain project has found. The project, undertaken by the European Commission’s Joint Research Centre under an agreement with DG-Ener, was aimed to investigate the applicability and potential of blockchain technologies in the energy sector.
Investment management firm Invesco today published the first edition of its new Economic Transition Monitor , which aims to regularly monitor the progress of the world's 20 largest emitting economies - dubbed the C20 - on the path to net zero emissions.
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?
Anyone working in the energy sector knows by now that it is undergoing an unprecedented and rapid change, requiring the introduction of many new and previously unknown technologies. But still meters – in many cases now, smart meters – remain the main ‘connection’ with customers and thus the cornerstone of a utility’s operations.
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.”
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. We’re thrilled to support these groundbreaking climatetech startups—let us introduce you!
However, according to a new study from Cornell University, combining them could offer a stable foundation for deploying renewable power options like wind and solar, boosting energy sustainability. for wind energy and 25.5% for solar energy installations. for wind energy and 25.5% for solar energy installations.
LO3 Energy, an Oregan-based cleantech company, has installed its Pando platform to optimise renewable energy production in New South Wales, Australia. Pando software enables suppliers and clean energy operators to support 24/7 load matching and offer incentives to drive renewable energy use.
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.
Australian energy chiefs have welcomed the release today of two reports setting out options for the country’s future electricity market makeup. That's “a fantastic idea we can all get behind,” says Jill Cainey, general manager of networks at Energy Networks Australia. Centralized or decentralized control?
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 Have you read? Sign up to our newsletter and stay informed.
Dubai Electricity and Water Authority (DEWA) reports commissioning no less than 11 new substations during the first half of the year – a 400/132kV substation and ten 132/11kV substations – along with 100km of 400kV overhead lines and 132kV underground cables connecting them to the network at a cost of over AED1.7 German energy company E.ON
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.
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.
One project worth studying for inspiration is a vanilla traceability "pilot" in place at Aveda, the "plant-powered" hair care brand owned by The Estée Lauder Companies (ELC). We invested a lot of heart and soul and some money," Polcer told me when I asked about the overall investment in this particular blockchain solution. "We
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. It’s changed how we communicate, shop, travel, to how we get the food on our plate.
The beermaker’s 2025 goals pledge bold advances in water strategy, returnable or recyclable packaging, renewable energy procurement (its U.S. division in 2019 signed the beer industry’s largest power purchase agreement to date) and support for farmers adopting regenerative agriculture practices.
Crypto mining and data centres are two sides of the same coin when it comes to energy use and management – but the similarity divides. Crypto mining operations and data centres are both in essence banks of IT systems – energy hungry with the demand for round-the-clock computation and the necessary cooling. Renewable energies.
Google and Microsoft among investors to back FlexiDAO as it seets to roll out its clean power software platform globally. in an investment round led by SET Ventures with additional investment provided by existing investor EIT InnoEnergy. FlexiDAO announced this week that it has raised $6.5m
Any business depends on four fundamentals to operate successfully: demand from customers, acceptance from society at large, financial capital to invest and talent to do the work. Globally, the natural gas market is becoming increasingly transparent as technologies like satellite monitoring and blockchain make emissions visible and traceable.
By Tom Murray One focus area at this week’s UN Climate Action Summit is Energy Transition , where one of the expected outcomes is bold new “commitments from the IT sector (individually or collectively) on energy efficiency and the leveraging of technology.”. zombie servers”).
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.
In 2014, the electrical engineer and MBA became the first woman to lead a U.S. As electric vehicles drive toward the mainstream, General Motors has come full circle as well. It mass-produced the first electric car in the 1990s, then literally crushed most of them in 2003. and globally by 2040. million in Neighborhood Grants.
Last summer, the investment arm of northern Europe’s largest financial services group dropped Brazilian meat giant JBS from its portfolio. Paris-based Ossiam just launched a global equity ETF that invests in food companies making efforts to minimize habitat and biodiversity destruction. Subscribe here.
Machine learning, AI, automation and other solutions can slash firms' carbon emissions and energyusage while boosting their productivity, writes IBM's Ana Paula Assis. Understanding the energy and carbon footprint of a firm's assets can be complex. But we have only scratched the surface on the changes that can be made.
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.
Due to highly price-competitive environments, upstream supply chain participants have little motivation to invest in improvements. Downstream supply chain participants that rarely have a personal stake, such as powerful brands and retailers, hardly encourage prioritization of sustainability upstream.
The Bitcoin Blockchain Helps Hold A Botnet From Being Taken Down. A strategist’s guide to blockchain examines the potential advantages of this essential innovation—and also suggests a way forward for financial institutions. Blockchain also has potential functions far beyond bitcoin and cryptocurrency. Gox in 2011.
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.
In addition, 74 per cent of the poor are directly affected by land degradation globally and over 80 per cent of the human diet is provided by plants, with just three cereal crops - rice, maize and wheat - providing 60 per cent of humanity's energy intake. If you're not aware of what's going on in your supply chain, you put yourself at risk.".
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.
The beermaker’s 2025 goals pledge bold advances in water strategy, returnable or recyclable packaging, renewable energy procurement (its U.S. division in 2019 signed the beer industry’s largest power purchase agreement to date) and support for farmers adopting regenerative agriculture practices. Clancy: Can you give me some examples?
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?
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