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Each quarter Wood Mackenzie and the American Clean Power Association (ACP) gather data on U.S. energy storage deployments, prices, policies, regulations, and business models. We compile this information to create the most comprehensive, timely analysis of energy storage in the U.S.
How corporations can jump-start industrial electrification in the US. From cardboard boxes delivered to our doors to home appliances, nearly everything comes from industrial processes. Those processes use a lot of energy and largely come from fossil fuels; one-third of U.S. greenhouse gas emissions come from industry.
It’s a shockingly heady time for electricity. The push to quickly transition carbon-intensive activities away from fossil fuels while meeting the world’s growing energy needs has put electricity producers and consumers squarely in the forefront of the emerging clean economy. Subscribe here. Surge protection.
This year was transformative for the space industry. While there are many predictions for the growth of the industry in 2025, three key themes stand out with particular excitement for the year ahead. These powerful models drive innovative technologies like ChatGPT and are reshaping our approach to intricate data challenges.
Businesses across Europe are facing mounting pressure to invest in more eco-friendly practices, but high upfront costs and operational challenges stand in the way. The EUs renewable energy target of 42.5% by 2030 is forcing organisations across all industries to rethink their business models.
Buildings were first electrified nearly 150 years ago. So, why is it that “building electrification” is now among the energyindustry’s most popular buzzwords? Most buildings run on multiple fuels. They use electricity to power lights, refrigerators and electronic devices.
ExxonMobil Baytown Low-Carbon Hydrogen and Ammonia Project: A New Milestone in Clean Energy ExxonMobil, one of the worlds leading energy companies, is progressing with plans for a cutting-edge low-carbon hydrogen and ammonia facility in Baytown, Texas. This ambitious project, expected to produce up to 28.3 Gulf Coast.
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. .
In recent years, electric vehicle (EV) adoption has accelerated in the world of personal cars. Now, as ambitious climate goals gain momentum and renewable energy prices drop, attention is turning towards scaling such systems for commercial transport. Financing zero: The road to emission-free fleets. Tali Zuckerman.
gigawatt natural gas power plant in the U.K. have been shelved by the developer Drax, highlighting the challenging economics of converting coal-fired power to a cleaner, but still fossil-fuel-fired, alternative. ’s largest power plant. GW of power output to biomass, with a remaining 1.3 Plans for a new 3.6-gigawatt
The electricpowerindustry is a long-standing partner in this push toward a clean energy future, as demonstrated by its significant CO2 emissions reductions. There is still a way to go to slice energyusage in half. Energy companies across the U.S. invested more than $7.23 Evolving challenges.
This partnership not only represents the largest contracted green hydrogen supply from a German electrolysis facility but also sets the stage for meaningful progress in decarbonizing energy-intensive sectors. This plant will use renewable electricity, such as wind and solar power, to split water into hydrogen and oxygen through electrolysis.
The series is supported by the Temple Hoyne Buell Center for the Study of American Architecture at Columbia University, and is part of their POWER project. . And then once [Enviva] start building it, then they were saying ‘oh this is coming,’ and I told them ‘this is what I tried to tell you all about.’” .
As the 2020s progress, flexible energy portfolios will grow significantly as resources on either side of the meter proliferate in the U.S., These areas are regulatory reform, evolution of market models, the scale of grid edge investment around electrification, and de-risking grid edge investment. Europe, Asia and beyond.
Tidal energy firm Orbital Marine Power (Orbital) has been awarded an Option Agreement from Crown Estate Scotland for a new tidal energy project in the Westray Firth. We’re proud to be building that vision in Orkney with this investment in our Westray Project.”
European Commission Grants Certification Schemes for Renewable Hydrogen and RFNBOs The European Commission has taken a major step towards decarbonizing the energy and industrial sectors with its formal approval of certification schemes for Renewable Fuels of Non-Biological Origin (RFNBOs), including renewable green hydrogen.
The uncertainties centre on Equinor’s backing for new “net zero” gas-fired power plants fitted with technology to capture carbon dioxide (CO2) billowing from their smokestacks, and bury the gas in disused oil and gas fields under the North Sea. Credit: Sabrina Bedford.
Compiled by global climate tech company, IES, using its digital twin technology, the Local Area Energy Plan (LAEP) identified changes to the borough’s buildings and energy generation needed to hit the net zero target. It is estimated that over 2,100 public charging points for electric vehicles will be required.
A communiqué signed by UK mayors and local leaders calls for a ‘power shift’ from Whitehall so that local and regional authorities can deliver Net Zero. Call for powers and resources to shape local energy markets, decarbonise transport, and tackle emissions from homes and offices. Addressing energy market failure.
Introduction to the Fee and Its Purpose Germany has announced a landmark policy designed to accelerate its hydrogen energy revolution. Its not just a cost; its a calculated move to recover the massive upfront investment in infrastructure while keeping costs manageable enough to entice early adoption.
Government must ensure that tech companies accurately report how much energy and water their data centres are using, according to a report published on 7 February by the National Engineering Policy Centre. Data centres and the AI systems they host consume significant amounts of energy and water.
A trial is underway in forests in Surrey and Northumberland to assess the potential for Internet of Things (IoT) technology to monitor tree growth and the impacts of environmental change on the UK’s forests. It will monitor tree growth and the impacts of environmental change on the UK’s forests. It is the first of its kind in the UK.
Butterfly is an innovative and patented IAQ monitoring system including a suite of beautifully designed hardware with integrated software that has been developed at Imperial College London over the past four years to responsibly address this issue. ” The Butterfly system offers dual functionality: monitoring and management.
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 ?
But carbon is also moving constantly through the global economy, which historically has been powered by burning fossil fuels for energy. As a result, carbon dioxide (CO2) and other emissions have risen dramatically since the industrial revolution, presenting a daunting array of challenges for people, planet and prosperity.
The nation’s power sector is also heavily reliant on hydrocarbons, which is hardly surprising considering its affordability and supply. With an ambitious renewable energy target of 50% of its power supply by 2030, is there a prominent role for geothermal in Saudi Arabia’s energy mix?
Energy Information Administration (EIA) recently reported that U.S. natural gas consumption set new winter and summer consumption records in 2024, highlighting the growing importance of natural gas in the global energy mix. trade policies, remains a significant factor affecting investment and market stability.
Its being targeted for heavy-duty commercial vehicles like trucks and buses, industries where hydrogen-powered solutions may shine due to their quick refueling times and potential for high mileage. However, advancements like green hydrogen, produced via electrolysis using renewable electricity, are addressing some of these concerns.
That’s why in Demak, Java, a diverse group of residents, NGOs, universities and the Indonesian government are working together on the "Building with Nature" project to restore a 12-mile belt of mangroves. Countries around the world can harness the power of nature to adapt to climate impacts. Raise understanding of the value of nature.
The key to long-term success in the fashion industry is to start trends and continually push the envelope — a philosophy that also applies to its ESG priorities. However, there is a growing and collective awareness of environmental impact across the industry.
This week’s edition of Smart Energy Finances – the first of 2023 – sees S&P Global downgrade Elia Group and Eurogrid’s outlook from stable to negative while Indian transmission company Adani Group announces BSML – a smart metering subsidiary. Adani launches smart metering arm. million prepaid smart meters, 4.9
A new report makes the case that if Scotland is to successfully end its contribution to climate change by 2045, there has to be a significant increase in public spending to help move homes and other buildings away from a reliance on fossil fuel heating.
A ‘digital spine’ and generative AI form the basis of the digital technologies for energy and mobility integration in Europe, a report from Fraunhofer FIT indicates. However, there is an annual infrastructure investment gap amounting to over €406 billion ($442 billion), which poses a significant challenge. Have you read?
A settlement has been reached on the FirstEnergy Ohio utilities’ second phase grid modernisation plan, including expanding the state smart meter rollout. The first phase included the installation of approximately 706,000 smart meters , while the second phase will allow for expansion for the remaining estimated 1.4
energy storage industry capped off its biggest year of installations with its largest single quarter in Q4. energy storage installation topped 522.7 megawatt-hours in the fourth quarter, according to the newly released Energy Storage Monitor , produced by Wood Mackenzie and the Energy Storage Association.
Wind is China’s largest source of electricity after coal and hydropower, delivering 9.4% of the total electricity supply in 2023. The seeming enormity of the green energy shift taking place in China is given shape by what’s described as the most comprehensive English-language report on China’s energy transition.
Richmond, a diverse, industrial city where housing prices and incomes have lagged behind its Bay Area neighbors, has poor air quality and some of the highest rates of respiratory and cardiovascular disease in California. Now, when Khamphanthong explains the sound to his young nieces, he sees the fear in their eyes. "I
Indeed, there are big payoffs for both civil society and governments that implement open data policies. And it couldn’t be more critical: countries must demonstrate increased climate ambition while building trust — both domestically and internationally — through the transparent and accountable implementation of policies.
A new Labour government opens up a raft of opportunities for our industry. Sir Keir Starmer made a manifesto pledge to invest hundreds of millions of pounds in green hydrogen, and vowed to make tackling climate change a key priority. And we need this to align with broader climate goals to boost confidence for investors.
The Environment Agency’s Environmental Sensor Network (ESNET) comprises modular water quality monitoring systems that can be quickly and easily deployed at remote sites. By Matt Dibbs, Managing Director of Meteor Communications, a firm that designs, builds and installs remote environmental monitoring systems.
Investing in the ground beneath our feet could have wide-ranging benefits for the environment, animal and human health – as well as moving closer to Net Zero, according to new research. Governments, however, need to quickly implement ‘regenerative agriculture’ policies to incentivise farmers to take up the challenge, the researchers argue.
Commentators in the environmental sphere seemed to broadly welcome the UK government’s “Ten-Point Plan for a Green Industrial Revolution”, unveiled on 18 November, although some lamented its apparent inconsistencies. Electric avenue.
Residential energy is becoming companies' business. In this crazy upside-down world, the line between residential and commercial energy is getting fuzzy. . Everything changed so quickly, it makes sense that climate and energy teams have yet to figure out how to account for the shift. Sarah Golden. Fri, 05/29/2020 - 01:45.
Seed round, co-led by The Westly Group and Molten Ventures , to scale Sightline — our market intelligence platform powering strategic decision-making and capital allocation across the global transition economy. 💸 Doing a deal – What are investable opportunities in the transition landscape that align with my strategy?
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