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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
Companys unmatched AI-powered EV analytics recognized for pioneering the future of grid management LOS ALTOS, Calif., Companys unmatched AI-powered EV analytics recognized for pioneering the future of grid management LOS ALTOS, Calif., “We’re excited to lead the charge toward a smarter, more resilient energy grid.”
California regulators plan to address pleas from stakeholders in the energy storage industry to free up money for the state’s behind-the-meter battery incentive program, directing an additional $108.5 billion available through 2024 to cover part of the costs of installing batteries at homes and businesses.
The ROI Of Sustainability in Business. There is general consensus among business leaders and investors that business success today requires a commitment to sustainability. There is company risk in not being sustainable, both to the planet and to the business. The Business Case for Sustainability Programs.
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.
Even by the standards of the generally well-informed clean energy customers in California's Bay Area, Todd Karin is a savvy one. Karin works as a postdoctoral researcher in the energy storage and distributed resources division at Lawrence Berkeley National Laboratory. Not quite full resilience.
AI spurred clean firm power, Europe strengthened carbon markets, and emerging economies’ climate tech demand opened up. 🚗 Vertical: Energy came top in 2024 investment, up 12% to $9.4bn. Read more about methodology and definitions at the bottom of this post. Transportation underperformed, down 36%.
Early this month, three community-choice aggregators and one municipal utility serving much of California’s San Francisco Bay Area launched a 30-megawatt distributed energy storage-plus-solar solicitation. Ross, East Bay Community Energy’s senior director of local development, electrification and innovation.
What is the ISO ( International Organization for Standardization) 14001 Standard: Principles, Definitions and Certifications. As the business world moves forward taking steps to becoming more environmentally friendly there are many choices to be made in terms of certifications. The Green Business Certification.
residential solar market just experienced its best-ever quarter, with 712 megawatts (DC) installed. state markets, and there is opportunity across the solar value chain. residential solar sector. home solar market? These platforms are able to connect electric vehicles, solar-plus-storage, smart meters and home appliances.
Its high time businesses step up and take responsibility. Streaming requires massive amounts of energy to store, process, and deliver content globally. Not surprisingly, most data centers still rely on non-renewable energy sources. Amazon, Google, and Microsoft are already buying electricity generated by wind and solar.
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. The Salt River Project.
Due to interconnection delays, Minnesota utilities plan to replace their fossil fuel generators with utility-scale solar in Integrated Resource Plans. But that diminishes distributed scale solar prospects. An example of a generator replacement is replacing a retiring coal unit with solar.
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. Read more: How LIDAR is Transforming Remote Solar Sales and System Design. Choosing life with LIDAR.
this weekend will push California’s grid to the limits, as the state charts a course to eliminating fossil fuel power. To prepare, grid operator CAISO issued a Flex Alert , asking customers to reduce electricity consumption during the late afternoon and evening Friday as the grid copes with “near-record or record-breaking heat.”
Whether booming off-grid power demand in emerging markets is met with grid extension or distributed renewables will be central to the growth story of the global clean-power sector. Wood Mackenzie's working definition of minigrids. Source: Wood Mackenzie. Minigrids the lowest-cost option for many.
DISTRIBUTECH International, the leading annual transmission and distribution event, is pleased to announce its Host Utility Oncor, as well as partnerships with the California Energy Storage Alliance (CESA), Forth, Smart Energy Consumer Collaborative (SECC) and Vehicle-Grid Integration Council (VGIC), for its 2022 event taking place Jan.
Q&A with Alex Urist, Vice President of XCharge North America Battery storage, once considered a nifty additional feature for large-scale charging infrastructure projects, is steadily becoming de rigueur for public and commercial charging deployments of all sizes. A battery-buffered system is just taking energy from the grid.
By Shelley Robbins, Clean Energy Group. In those states, where clean energy is now gaining a stronger foothold, valuable lessons can be found. Actions by these states to change the direction of energy policy are a powerful confirmation that clean energy is a viable, cost-effective alternative to fossil fuels.
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?
Now, Ecobee is betting on expanding its ecosystem by launching a smart video doorbell , enhancing its affordable smart security system , and leaning further into smart home energy management. While it’s definitely not the first in either category, it plans to be the smartest. Where Ecobee will land remains to be seen.
Incentivizing Green Hydrogen: The CBAM could incentivize the production of green hydrogen , which is produced using renewable energy sources and emits no carbon dioxide. This could lead to breakthroughs in areas such as electrolysis efficiency, carbon capture, and storage, or the use of alternative energy sources for hydrogen production.
The Business Case for Sustainability. There is general consensus among business leaders and investors that business success today requires a commitment to sustainability. ROI and Sustainability go hand in hand, as many sustainable business practices save money by themselves. Sustainability Programs.
The Business Case for Sustainability. There is general consensus among business leaders and investors that business success today requires a commitment to sustainability. ROI and Sustainability go hand in hand, as many sustainable business practices save money by themselves. Sustainability Programs.
Batteries aren’t dead when they come to the end of their useful life in an electric vehicle. He said GM designed its new Ultium battery pack with second-life applications in mind and is currently working with partners to develop a business case around battery reuse. "We Electric bus manufacturer Proterra took the same approach.
You need to remove policy hurdles such as in the Renewable Energy Directive, so that you can faster scale the hydrogen economy in Europe, and use that to build out the infrastructure”, Simon Herbert, ExxonMobil’s vice-president of low carbon solutions, told the World Hydrogen 2024 conference in Rotterdam last week.
Pacific Gas & Electric is on the verge of escaping from its 18-month bankruptcy , only to begin a years-long effort to prevent a repeat of the disasters that pushed it into insolvency in the first place. PG&E must keep up with the state’s ambitious clean energy, environmental and electrification goals. Of that, about $7.8
What is the ISO ( International Organization for Standardization) 14001 Standard: Principles, Definitions and Certifications. As the business world moves forward taking steps to becoming more environmentally friendly, there are many choices to be made in terms of certifications. The Green Business Certification.
On Thursday the 19 th of August, the Climate Council in partnership with the law firm Shearman & Sterling, hosted an intriguing panel to discuss a major topic in the energy industry: Will low-carbon hydrogen be the silver bullet in APAC? The controversy around blue hydrogen. China’s entry into Blue H2.
This is the third part of a series examining the McMicken battery fire of 2019 and its ramifications for the energy storage industry. And the young energy storage industry had never experienced what was about to happen: a gaseous explosion so powerful that it flung responders dozens of feet through the air.
In a landmark move, California regulators last year redirected the Self-Generation Incentive Program (SGIP), the state’s main support mechanism for behind-the-meter batteries, to focus more than half of its $1.2 billion budget through 2024 on providing backup power to protect its most vulnerable populations.
Decreased Renewables Cost: Levelized Cost of Electricity (LCOE) to project sponsors is expected to decrease by 40-60%, which will likely result in cost reductions for commercialelectricity users. Notes: PTC stands for Production Tax Credit. ITC stands for investment tax credit. Sources: Deloitte Analysis, H.R.5376
Total of just 1GWh of energy storage added across Europe last year due to higher competition and lower prices, trade body warns. The downturn was particularly pronounced for large-scale energy storage projects, which are seen as key to expanding the use of intermittent forms of renewable energy such as solar and wind power.
Key technologies include electrification, on-board batteries, solar panels, synthetic fuels, carbon capture and storage and possibly hydrogen. All data concerning Sleipnir is either taken from public sources such as the Heerema website , or is ‘generalized’ to avoid potential commercial conflict or IP infringement.
Willson's San Diego-based startup NeoVolta emerged when a friend in the solar industry asked for his thoughts on the existing field of home energy storage systems. residential storage market is still young, and thus remains open for new entrants," said Brett Simon, a Wood Mackenzie analyst covering behind-the-meterenergy storage.
This review is of the DEELAT solarpowered motion light which we had the pleasure of testing recently. After watching it in action and looking at it everyday…it is definitely very well manufactured and looks great in a home setting. meters high. The design of the light is conducive to any home, business or public use.
🚗 Vertical: Transportation and Energy investment declined, but remained on top. Please see the bottom of this post for full methodology and climate vertical definitions. Redwood Materials received a $2bn loan from the US Department of Energy in Feb 2023. 2 spot behind Energy Storage, which rose from no.2
Geothermal energy is climate tech but it isn’t new tech. Pulling heat from the subsurface of the earth has been a proven method for powering the cooling and heating of buildings for ~70 years. Bedrock Energy , which just announced a $8.5M Tell us about the founding story of Bedrock Energy.
We do not ascribe a financial value to our forests, oceans and atmosphere, in spite of understanding how essential they are to our livelihoods as well as those of future generations; the system is definitely not working for our environment.
Electric vehicles (EVs) are hitting the roads in ever greater numbers. While the UK's national energy provider has assured consumers that there is "definitely enough energy" to facilitate mass EV adoption, the problem lies in how to sustainably and cheaply supply cars with power. Energy inequality.
I use an idea on energy-independence services to show how I would shape my own business, starting with the why (purpose) all the way to the how (non-negotiables) and the what (organization). I will be improving on the same principles and ideas of a previous article of mine called Building Enduring Businesses. A simple idea.
On 6 October organizers released the results of surveys conducted to reveal why so many households and businesses fail to bring Waste Electrical and Electronic Equipment (WEEE) in for repair or recycling. Of that 74 average total e-products, 13 are being hoarded (9 of them unused but working, 4 broken). headphones, remote controls).
Microgrids and VPPs are similar concepts and are playing an increasingly vital role in the development of a more decentralized and clean power delivery system. For definitions of Distributed Energy Management Systems – DERMS – learn more on AutoGrid website. Department of Energy (DOE). What is a MicroGrid?
Joint IEA, IRENA, and UN assessment of COP26 Breakthrough Agenda sets out priorities for collaborative climate action between businesses and governments. With greater collaborative action, the report estimates some technology costs could drop by as much as 18 per cent by 2030, while accelerating the green energy transition in line with a 1.5C
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