This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Could trash-to-energy technology feed hydrogen demand? The annual demand could reach 19,120,458,891 tons by then, representing a tenfold increase from 2015 to 2050. . Combined with a push for decarbonization, these economics could drive demand, project energy experts. . Arlene Karidis. Wed, 07/15/2020 - 01:00. locations in 2021.
The UKs ambitious target to increase electric vehicle (EV) sales to 80% of all new car purchases by 2030 could result in them accounting for up to 5% of total powerdemand, according to energy analysts at Montel, though there are concerns whether capacity buildout will be adequate. The total increase in demand from EVs could add 17.12
Impact of AI Data Centers on Power Quality and Household Efficiency Broken Down Here: AI data centers significantly amplify harmonic distortion in nearby powergrids due to their high and non-linear energy consumption. Their energy use often causes severe harmonic distortion in nearby powergrids.
The US Oak Ridge National Laboratory (ORNL) is collaborating with quantum computing company IonQ to help solve powergrid challenges and drive infrastructure improvements. In the US Department of Energy-funded project, the two organisations intend to explore how quantum computing technology can be used to modernise the powergrid.
This project will provide battery storage for APRI’s Makban geothermal power plant, allowing it to support the powergrid during periods of peak demand and power disruption. “We We are excited to be the host of this new investment.
The Scale of the Challenge To meet the projected demand, California needs a significant boost in its EV charging capabilities. Investment Needs : Achieving these numbers will require billions of dollars in investments from state, federal, and private sources. million chargers by 2035.
Iberdrola is leading the AI Innovation Data Space (i-DS) project to improve value extraction from data to optimise powergrids. Since the launch of the Hub ongoing R&D&I projects have been registered for a total estimated investment of €42 million in Iberdrola Redes España. Have you read?
New York’s Consolidated Edison, one of the largest investor-owned energy companies in the US, has invested $2.3 billion in infrastructure projects across New York City and Westchester County to keep powergrid service reliable. Last year’s peak was 11,565MW, which occurred on July 27, 2023.
Now FERC is being asked to put that authority to a new use: ending a decade-old provision allowing individual states to opt out of letting demand response companies enlist customers to turn down their energy use to support the powergrid. ” Why demand-side resources are gaining gridpower.
When Hurricane Maria, a Category 4 storm with 155-mph winds, made a direct hit on Puerto Rico in 2017, it ravaged the island’s powergrid and caused the longest blackout in US history. Maria left many residents without power for nearly a year.
Still, it’s going to take years to trim trees, harden poles, shield power lines, underground select circuits, and otherwise limit its fire risk profile to reach that goal. But PG&E did report a handful of successes from its ongoing investments into technologies to limit the scope and duration of fire-prevention outages.
Yet, as more Americans adopt electric vehicles and heating systems, energy demands are soaring, threatening to overwhelm the powergrid, particularly during extreme weather conditions. The Strain of Electrification on the Grid Heating and cooling demand during severe weather pose significant challenges for the current grid.
These areas are regulatory reform, evolution of market models, the scale of grid edge investment around electrification, and de-risking grid edge investment. In the 2020s, the utility industry’s focus is shifting from mitigating the operation of assets at the grid edge to monetizing them. More and more DERs.
The explosion of corporate commitments, reflecting the growing demand for climate action from consumers, investors and the general public. The Interchange is brought to you by Hitachi ABB PowerGrids. Thinking about how to integrate renewables to your grid? Hitachi ABB PowerGrids is your choice.
Series B for AI-poweredgrid analytics Amperon Holdings has secured $20 million in Series B funding led by Energize Capital, to unlock more value from grid data and advance electricity forecasting. This will play a key role as the platform expands.
With 2023 coming to a close, the impact of climate change and rapidly increasing electricity demand have illustrated the crucial importance of gridinvestment to ensure the grid is fit for purpose. Not investing in the grid is like accumulating cholesterol – you find out you are in bad shape.”
Despite record investments into powergrid expansion to accommodate demand, grid operators Alliander, Enexis and Stedin have reported inefficient capacity to prevent increasing network congestion. Alliander invested more than €1.4 billion ($1.6
The DER company has acquired Centrica’s demand response division, bolstering their DER capacity from 5.6GW to 6.3GW. CPower closes Centrica demand response acquisition. Their services aim to help customers earn revenue for participating in demand response solutions that bolster the grid.
With the worst of winter weather arguably still ahead of us, John Humble of grid voltage experts Fundamentals explores how intelligent risk management, targeted maintenance and better communication across our networks are critical for preparing our powergrids to keep the lights on.
Grid modernisation initiatives, including the movement to new technologies such as smart grids, are spurring the demand for battery energy storage systems (BESS), according to latest research from Research and Markets. billion by 2026. Sign up to our newsletter and stay informed. billion by 2031.
Nuclear Industry Association (NIA), RenewableUK and Solar Energy UK team up to demand clearer, ambitious clean energy goals. However, today the UK's main clean energy trade bodies warned that an acceleration in clean power capacity deployment is required if emissions goals and rising demand for electricity is to be met.
Yet many are still struggling to understand how to value energy storage as an investment. Global investments of $374 billion a year will be needed to upgrade the grid with enough flexibility to account for the variable power generation profiles of renewable technologies like solar and wind.
Traditionally, the process of producing green hydrogensplitting water into oxygen and hydrogen using electricity from renewable sourceshas faced significant challenges due to high energy demands and reliance on rare, expensive metals. However, recent advancements in artificial intelligence (AI) are addressing these roadblocks.
Powergrids in many cities are being pushed to the edge of their operating limits with increased cooling demand and other climate change impacts, the IEA has reported. By 2050 urban growth is expected to be equivalent to adding the combined land area of Germany, Italy and Japan.
That is the conclusion of new research released today by Imperial College London on behalf of energy firm Drax, which estimates that carbon emissions from Britain's grid fell by 16 per cent last year as a result of the growth of green power and plummeting energy demand during Covid-19 lockdowns.
A new report by the Rhodium Group ( released March 11, 2025 ) explores how geothermal energy can play a crucial role in meeting the rapidly growing electricity demand from data centers, driven by the AI boom. By 2028, data centers could account for 7-12% of total electricity demand, stressing the powergrid.
This week, Clime Capital, a Singapore-based investment management company that manages funds from SEACEF, announced that it has invested in an innovative floating solar and storage project in Dong Nai Province, Vietnam, currently under development by Blueleaf Energy.
At more than double the price of similarly sized home battery offerings, the ecoLinx promised a 15 year warranty and the ability to control smart home devices, allowing it to manage both demand and supply of energy. customers eager to keep the lights on when the powergrid fails. residential storage market is bigger than ever.
At least $14 trillion needs to be invested in the grid worldwide by 2050 to support an evolved power system, according to BloombergNEF’s new PowerGrid Long-Term Outlook 2021 published this week. Without adequate investment, the grid could become a bottleneck, slowing progress, said BNEF.
During the month more than 50 per cent of the country's power came from zero carbon sources, a feat also achieved in May, October, November and December, the operator said. Still, National Grid ESO data today shows zero carbon sources of electricity continued to outperform traditional fossil fuel generation in 2022.
” Rapid growth in India’s renewable energy sector is driving demand for new technologies to modernize the country’s power sector. Demand for flexible, clean power spurs startup activity. And yet, hundreds of millions of people in India still don’t have access to affordable and reliable power.
A press release announcing the fundraiser cited the investment entry of Breakthrough Energy Ventures as “a major validation” of the technology, since the firm is only said to invest in technologies with the potential to reduce greenhouse gases by at least 1% of global emissions (0.5 gigatons) per year.
government’s official climate change advisory body is calling for fast-tracking investment in early-stage hydrogen infrastructure, as well as prioritizing carbon capture and storage and EV charging infrastructure, as immediate responses to the coronavirus outbreak. ’s final energy demand by 2050. billion) a year.
EIS, a distributor of electrical process materials and components in North America, announced the successful acquisition of PowerGrid Supply (PGS), a supplier of transformer parts and components for the production, repair, and remanufacturing of transformers.
In addition, National Grid's analysis, which is updated each year with several potential scenarios for how the UK could feasibly decarbonise its energy system, estimates that roughly 3GW of wind and 1.4GW of solar power would also need to be installed annually until mid-century to keep up with powerdemand.
Additionally, regions with renewable energy surplusessuch as wind power from offshore farmscan use that excess energy to produce green hydrogen, further integrating this technology into sustainable powergrids. Looking forward, hydrogen technology could relieve pressure on electricity grids as electric vehicle adoption surges.
VIDEO: CEO and co-founder of high resolution CO2 emissions data provider for powergrids pitches to top investors as part of BusinessGreen's Technology & Investment Forum.
Founded in 1999, Capital Dynamics has invested in clean energy for about half that time, says Benoit Allehaut, a managing director with the firm’s clean energy infrastructure team. Its push towards solar began in 2017, when it invested in 1.1 “There’s a lot of demand for [dollar]-denominated assets.
Italian TSO Terna has announced investment plans of up to €16.5 The investment plan covers the period 2024 to 2028, with €2.6 billion) to be invested this year. I am proud to present the Industrial Plan with the highest level of investments in Terna’s history: €16.5 billion ($17.9 billion ($2.8 Terna plans to deliver €15.5
The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% The update finds that world demand for electricity grew by 2.2% in 2023, less than the 2.4% Have you read?
Think AI-boosted investment platforms, moves to ease up grid connection queues and top tech players to watch. Powergrid forecasting One of the key recurring themes that has gained solid recognition over the last year has been the unarguable position of the powergrid as an investment priority to reach global net-zero targets.
In its Transforming Energy Scenario published in its Global Renewables Outlook in 2020, the International Renewable Energy Agency (IRENA) said green hydrogen could supply up to 8% of overall global energy demand by 2050. Create markets and policy frameworks that reward flexible electricity supply and demand on the grid.
million) Series B financing round to further develop its technology for powergrid operators. Added Brieuc de Hults, investment director at Kory: “As a committed investor in energy transition, Korys recognizes the pivotal role that smart grid technologies play in enabling a sustainable future. million ($11.4
Cheap finance and maturing technology mean solar will be cheaper than both new coal or gas power plants from now onward. Powergrids remain the weak link. Still, it warns that the industry's growth could be undermined by gridinvestment, which it calls “the weak link” in the transformation of the power market.
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content