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Residential energy is becoming companies' business. In this crazy upside-down world, the line between residential and commercialenergy 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.
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. Energy companies across the U.S. In fact, carbon emissions in the U.S. Evolving challenges.
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.
But carbon is also moving constantly through the global economy, which historically has been powered by burning fossil fuels for energy. But how does one go about shifting the actions of thousands of businesses around the world? For these businesses, Scope 1 emissions data is actionable business intelligence.
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 ?
Hydro One and NV Energy success stories highlight innovative use of AI to improve EV adoption and integration WASHINGTON, D.C. February 11, 2024 Smart ElectricPower Alliance (SEPA), in partnership with Bidgely , has released a new Insight Brief: AI for Transportation Electrification. and LOS ALTOS, Calif.,
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.
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
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. Water quality monitoring.
The National Infrastructure Commission has called for a water supply and demand reduction of 4,000 megalitres per day to avoid severe drought risk by 2050 (published in its 2021 Annual Monitoring Report). Some, like compulsory water metering, or nationwide 110 litres p/p/d water use limits are essential. Decentralised protection.
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.
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.
Greek DSO HEDNO (Hellenic Electricity Distribution Network Operator) is receiving European Investment Bank support for its 3.12 million first phase smart meter rollout. A tender process is currently under way for the award of the smart meter project. Don’t miss out on the most important energy transition conversations.
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.
market for distributed energy resources will look very different in five years than it does today. And electric vehicles will give utilities and regulators the opportunity to promote pricing regimes to encourage charging when electricity is abundant — or suffer potentially grid-destabilizing consequences.
Unlike other feedback systems designed to drive immediate response think of the life-saving equipment in intensive care units, or even a cars fuel gauge the tools we use to monitor climate resilience and risk are dangerously, and indefensibly, outdated. Imagine applying that principle to improve climate resilience.
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.
Tetra Tech, a provider of consulting and engineering services in water, environment and sustainable infrastructure, has been awarded $85 million to integrate a BESS in Moldova to strengthen the country’s power grid infrastructure. MESA provides policy, infrastructure and science-based solutions to help Moldova power homes and businesses.
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 energypolicies in Europe. Cannibalization.
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.
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.
During last week’s GreenBiz webcast "How Businesses Can Overcome Barriers to Achieving Climate Goals," three corporate sustainability leaders offered insights for how businesses can best adopt TCFD recommendations into their carbon reduction strategies. . Businesses are exposed to two types of climate risks: physical and transition.
As energypolicy and politics shift globally, business flexibility will be a necessity for the success of the energy transition. Well, not quite, because anyone who has even briefly scanned the news over the last few months will have noted the shift in the political mood music around energypolicy across the world.
Limited visibility and understanding of distributed energy resource (DER) behaviour is creating operational challenges, Siemens has found in a new study with utilities in the US and Canada. Source: Siemens’ Seeing behind the meter survey Have you read?
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.
Earlier this year, Pacific Gas & Electric faced pushback from environmental and solar and energy storage industry groups to a plan to deploy natural gas generators to back up communities facing multi-day fire-prevention blackouts.
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.
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. This trend of protectionist trade policies poses challenges for organizations operating in international markets. percent impact on global GDP.
Public Service Company of New Mexico (PNM) has outlined a six-year $344 million modernisation plan for the electricity grid, with smart meters and cybersecurity as central components. According to the utility, their electricity grid serves more than 530,000 New Mexico customers. PNM Smart meters.
This week’s Smart Energy Finances looks at a successful Series B financing round of $20 million for a US-based platform, Amperon, that uses artificial intelligence (AI) to unlock value from grid data and enhance electricity forecasting. This will play a key role as the platform expands.
Last summer’s record heat waves triggered a surge in power demand that maxed out supplies and led to outages across the West. California and other states are pushing to use clean electricity to power vehicles and buildings to cut carbon, which will increase demand. ROOT CAUSES. THE BIG RETHINK.
Tara McGeehan, President of CGI in the UK and Australia, argues all businesses need to make climate action core to their long term strategy. For decades, businesses have measured their success on profits and growth, often without consideration of whether these were sustainable or the cost to our planet.
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.
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 energypolicy are a powerful confirmation that clean energy is a viable, cost-effective alternative to fossil fuels.
The global energy landscape is on the cusp of transformational changes as the migration to clean power gathers pace. With world leaders about to gather in Dubai, United Arab Emirates for the COP 28 climate summit, the transition to green energy will be one of the key topics on the agenda.
Itron’s 2023 industry insight report finds that half of utility executives cite grid modernisation and infrastructure upgrades as the top barrier to the energy transition. The report is based on a survey of 250 utility executives at electric, gas and water utilities and a cross-selection of 10 state utility respondents. Have you read?
Danone, founded more than a century ago and famously declared an asset of national importance by the French government in 2005, has long prided itself on being a purpose-led business. If you really want to do sustainability well in a company, you need to know your business well," Soubeiran said.
In just a few short years, the focus at the annual Caribbean Electric Utility Services Corporation conference has shifted from issues around producing electricity from thermal capacity — usually oil — to what blend of renewable options are the best path forward. Beyond pilot projects.
Utilities around the world continue to struggle with energy theft, with an estimated $80 to $100 billion lost globally to theft each year. In Jamaica, electricity theft is estimated to cost the Jamaica Public Service Company $200 million – 80 percent more than a decade ago. Bidgely’s Energy Theft Solution. With an expected 1.3
Hungária Group is currently installing more than 165,000 new smart meters in Transdanubia and Pest County in west and central Hungary, including the capital Budapest. The smart meter installation forms part of a major rollout, with 650,000 smart meters installed to date. Two-thirds are operated by E.ON. Have you read?
As EVs continue to proliferate and strain the power grid, two critical challenges need to be overcome: safeguarding the functionality of battery arrays and their generated data, explains Hebberly Ahatlan of Intertrust. How can public policy strike a balance between environmental concerns and the need to expand EV charging networks rapidly?
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.
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.”
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.
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