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The State of Green Business 2021. Adapted from the 14th annual State of Green Business report, our annual report card on progress by the world’s largest companies. Such turmoil easily could have spelled the end, or at least the pause, of anything having to do with business and sustainability. Two words: business fundamentals.
A smart water meter joint venture initiative by Midcoast Council has seen up to 40 large water users install smart water meters across their properties to monitor water usage. This news comes in as anxieties have been settling in for Australian businesses, who are prone to the effects of droughts and floods.
Business Secretary Kwasi Kwarteng told a private meeting of MPs this week that Drax’s imports of US-made wood pellets to be burnt for energy are “not sustainable” He added that it “doesn’t make sense” and told MPs the government had not fully investigated the sustainability of burning wood pellets, a type of biomass.
million in UK government funding. The winners include Skyports Deliveries, who will use drones to improve island-to-island connectivity in the Orkney Islands, and Electric Assisted Vehicles, who are developing a four-wheel, electrically assisted lightweight delivery vehicle to help reduce road emissions.
Those processes use a lot of energy and largely come from fossil fuels; one-third of U.S. A key route to industrial emissions reductions is electrification (replacing industrial fossil fuels with electric alternatives). Optimize electricenergy efficiency. Ali Hasanbeigi. Wed, 03/31/2021 - 01:00. Start with heat.
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. Through smart meter data, utilities are able to help customers reduce energy costs, states the study. billion to $30.2 billion to $30.2 Have you read ?
governments at all levels are prioritizing climate action and setting intense carbon-reduction goals. The electricpower industry 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.
Government funding of over £5 million has been provided to help launch innovative ideas that could transform rail travel and help decarbonize the rail network. Cutting edge electric drivetrains that replace polluting diesel engines. FOAK 2022 saw funding awarded to 24 innovators in all, who received grants of up to £400,000 each.
The Scottish government has pledged to consult on lifting the need to obtain planning permission for larger solar installations on non-domestic buildings. Trade association Solar Energy Scotland had previously lobbied for a revision of this kind, which would bring the planning situation more into line with that in England.
A new partnership is supplying a cybersecurity solution for smart meters as the energy industry faces the increasing threat of cyberattacks. NanoLock Security, a device-level cybersecurity provider for smart meters and IIoT (Industrial Internet of Things) devices, and Renesas Electronics Corp.,
Several floors below the firm’s balcony, power lines crisscross over piles of garbage, a fleet of rickshaws and cow patties on a rooftop, being dried for cooking fuel. ” Rapid growth in India’s renewable energy sector is driving demand for new technologies to modernize the country’s power sector.
AI Accelerating Efficient Green Hydrogen Production The global push toward renewable energy has heightened interest in the production of green hydrogen, a sustainable energy source with promising applications. For instance, researchers in Germany are leveraging AI-driven models to improve solid oxide electrolyzers.
In recent decades water companies have been spilling sewage-polluted water into waterways more frequently and in larger volumes, for reasons not entirely clear, although much explanatory energy has been expended on the topic of late (for example, following an EAC report in early 2022 ).
Distributed energy resources (DER) developer NineDot has selected artificial intelligence-based energy storage firm Stem to monitor some six new front-of-the-meter (FTM) storage systems being deployed to improve energyresilience of the New York State grid. Have you read?
As blackouts become more common due to the severity of climate change, sources of continuous battery backup power can be one less headache—and a life-saving advantage—to fire departments and emergency services already faced with rising costs and operational challenges, explains Lance Honea of Swell Energy. are volunteers.
There were 12 winners at the annual “VIBES – Scottish Environment Business Awards” in Glasgow on Tuesday 1 November, recognising innovations including a system for using treated wastewater to provide heating, and a solution that empowers homeowners in striving for net zero. Engaging Scotland Award – The Highland Council.
The core elements of the TCFD framework include: governance; strategy; risk management; metrics; and targets. . Businesses are exposed to two types of climate risks: physical and transition. He also emphasized collaboration with individuals on the governance team to increase the likelihood of buy-in. . 2 degrees Celsius."
A new report from power market analytics firm Aurora Energy Research suggests that increased deployment of (and continued improvements in) virtualisation technology could reduce potential future European computing emissions 55% by 2040. Additionally, the EC identified the need to reduce the digital sector’s carbon emissions.
In this article, we discuss how business ties to water sustainability, the dangers of water scarcity, along with strategies for lowering water usage. It should be no surprise that the agricultural, textile, mining and energy industries use some of the largest amounts of water. What is Water Sustainability in Business?
How is technology helping to address the challenges faced by power grids? According to the International Energy Agency, global electricity demand rose by more than 6% in 2021, the largest increase since the recovery from the financial crisis in 2010. The energy distribution model is becoming decentralised.
Globalized hyper-consumerism, monopoly reign, climate change… As if we really needed another reason to support local businesses and communities, the coronavirus, or COVID-19, pandemic hit hard and shook the economy, especially small businesses and local communities. Main Street America surveyed 5,850 small businesses in the U.S.,
Last month’s preventative power shutoffs in California highlighted the vulnerability of the electricity grid to threats exacerbated by a changing climate. But what about the mobile battery packs carried in the hundreds of thousands of electric vehicles now on the road in California?
The report evaluates the impact of the national Natural Flood Management Programme which received £15 million of government funding, including benefits to communities and to biodiversity alongside protecting homes and businesses from floods. million m3 of water storage and increased flood resilience to 15,000 homes, said a statement.
Centralized markets with prices set by the cost of marginal dispatch, most often from fossil-fuel generation, are the bedrock of most major power systems. They routinely adapt to changing regulatory and commercial forces. Renewables are central to regional and national energy policies in Europe. Cannibalization.
Number of smart meters operating in Britain by end of June 2020 almost unchanged from March due to Covid-19 safety restrictions, new figures confirm. It means that, overall, the number of smart and advanced gas and electricitymeters operating in Britain is almost unchanged, standing at 21.5
From the analytical power of data, through to the introduction of AI and machine learning, digitalisation is becoming paramount in enabling the insights needed to make better decisions in all areas of the evolving energy landscape. Digitalisation plays a vital role in addressing this challenge.
But a segment of the grid edge industry has been trying to achieve that for years, installing controllable devices at homes and businesses that can work together to help the grid. Though small individually, distributed energy resources are projected to grow to 387 gigawatts in the next five years , according to research by Wood Mackenzie.
As energy policy and politics shift globally, business flexibility will be a necessity for the success of the energy transition. Those of us who were sentient during the 1970s may ponder the likely success of governments “picking winners” or indeed any “top down centrist” planning.
We’re working from home, we’re schooling our children, business travel has stopped, health and safety is a top concern, and we’re facing the most severe recession in 100 years. We’ve made changes to our business, but remain focused on our mission to get data into the hands of our customers to use space to help life on Earth.
Companies that can deliver both environmental benefits and solid business fundamentals will be the ones that thrive in this new era. ” This reset is particularly acute in sectors like direct air capture and green hydrogen, where projects often rely on government incentives. . The big takeaway?
Heading into fall, this batch of career updates from the worlds of sustainability and business is somewhat top-heavy. Amid myriad social, health and political crises, business sustainability is alive and well and living the Paris Agreement. The streaming media giant just started reporting on its renewable energyusage last winter.
Eleni Diamantopoulou is Practice Development Lawyer (Energy) at Womble Bond Dickinson. Eleni Diamantopoulou writes The Energy Act 2023 (the Act) is finally here. The Act also empowers the UK Government to fund hydrogen though a levy and to set strategic priorities in CCUS though a CCUS Strategy and Policy Statement.
David Hall of Schneider Electric highlights five trends to watch for power and utility firms this year. The global shift towards more climate-conscious energy efficiency has accelerated the need for sustainable technology to deliver a cleaner, greener, and fairer energy system. Microgrids fit for the future.
The pioneering governance structure will see the food giant officially entrench environmental, social and societal objectives into its bylaws, alongside more typical profit goals. If you really want to do sustainability well in a company, you need to know your business well," Soubeiran said.
The Energy and Natural Resources sector also recorded the lowest Financial Performance Index (FPI) score amongst all sectors, an indicator of under-performance and potential instability. To mitigate the risks associated with vulnerability, organizations must prioritize operational resilience.
Centre stage in this week’s Smart Energy Finances is the closing of an acquisition by CPower. CPower helps DER owners with flexible capacity across industries, including big box retail, commercial real estate, data centers, crypto mining sites, education, healthcare and government, and manufacturing. GW of #DER capacity!
Internet of Things (IoT) specialist Terbine has announced a new initiative designed to intelligently synchronize EVs, charging stations and electric utilities. TerbineLink can also inform EV drivers as to which charging stations are powered with renewable electricity, and enable vehicle-to-grid and edge storage management.
Industry Voice: An electric and digital world is key to a sustainable and resilient future, explain's Schneider Electric's UK & I zone president Kelly Becker. We can empower sustainable change through data, electrification, and digitisation, moving into the era of ' Electricity 4.0'. Embracing Electricity 4.0.
One of the most important challenges, when designing monitoring facilities in remote locations, is resilience. The SATGN is maintained and operated by the National Oceanography Centre, which is the UK centre of excellence for sea level monitoring, coastal flood forecasting and the analysis of sea levels.
California regulators have approved a microgrid plan directing $200 million to help communities build networks that can supply power through the state’s extended wildfire-prevention blackouts, a task expected to take years to move from planning to completing its first projects. Slow progress on microgrid policy.
The aim of the over $20 million project, which is being supported with $10 million from the Appalachian Regional Commission, is to develop and deploy services for utilities, energy tech startups and others to model and test smart grid scenarios prior to implementation. Have you read?
As the world grapples with the urgent need to reduce greenhouse gas emissions and combat climate change, sustainable energy engineering has taken center stage. This dynamic field is focused on developing innovative solutions to generate, store, and use energy in a cleaner and more environmentally friendly way.
In this debut of the Power Playbook, our spotlight on the finance and investment side of the energy transition, Yusuf Latief investigates how Vehicle-to-grid (V2G) tech is becoming a burgeoning market space ripe with investment opportunities. billion by 2026 , growing at a compound annual growth rate (CAGR) of 4.28% from 2021 to 2026.
Britain’s National Infrastructure Commission has called for further investment and upgrading of the electricity and water infrastructures among others. There should be increased adoption of electric vehicles, with a nationwide network of at least 300,000 public charge points across the country by 2030. But we need to get on with it.”
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