A number of options exist to balance demand and supply. More power can be traded between regions. A second option is storage. Battery use is on the rise, but still …
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Blockchain is the Next Big Thing for Renewable Energy
Blockchain has been touted as the next big technological advance – impacting everything from online transactions to e-government. But what does it mean for renewable energy? Essentially an online register …
Read More »AI Will Be a Vital Tool in Making the Global Economy More Sustainable and Efficient
A new report from the consultancy PwC, commissioned by software giant Microsoft, looks at how the twin, powerfully disruptive megatrends of digitization and decarbonisation could come together in future and …
Read More »Batteries, Offshore Wind Lead Clean Energy Cost Cuts As Renewables Continue to Undercut Coal and Gas
New research from Bloomberg NEF (BNEF) shows that the cost of lithium-ion batteries has fallen by 35% over the past year to $187/MWh, while the cost of offshore wind is …
Read More »The Evolving Energy Ecosystem: Smart Grids to Smart Energy
The electric power grid, known as the most complex and most substantial machine on the globe, is an interconnected energy infrastructure made up of power generation, transmission, and distribution. As …
Read More »The Week in Energy: Predicting the Power Shift
Today, the consensus among leading forecasters is that we can expect continued rapid growth in renewables. Wind and solar power provided 6 per cent of the world’s electricity in 2017, …
Read More »The Week in Energy: The Exxon Valdez Spill 30 Years on
Thirty years ago, this Sunday, at just after midnight on March 24, 1989, the Exxon Valdez supertanker ran aground in Prince William Sound off the south coast of Alaska. No-one …
Read More »Renewable Energy Transition Needs Investment Not Disinvestment
The proposal from Norway’s sovereign wealth fund to sell off its investments in companies that explore for oil and natural gas has been welcomed by some of the environmental lobby …
Read More »Wanted: Long-Distance High-Voltage Grids That Can Link Continents
The energy market has changed dramatically in the last 20 years. Growth now comes from Asia rather than Europe or the US. Shale gas and oil have been developed, transforming …
Read More »The Week in Energy: Big Oil Getting Bigger in Shale
In December 2009, ExxonMobil agreed a $41bn deal to buy XTO Energy, one of the largest operators in the newfangled US shale gas business. The acquisition was the definitive proof …
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