14. January 2016 · Comments Off on Enabling the clean energy revolution · Categories: News · Tags: , , , ,

Across Asia, companies and governments are adopting more renewable energy as concerns over climate change and carbon emissions move up the development agenda. The Asian Development Bank estimates that the share of renewables in electricity generation in the region will increase from 1.9 per cent in 2010 to 7.1 per cent in 2035.As these new sources such as wind, solar and hydropower become part of the electrical grid, they also introduce instability as energy is produced only under certain weather conditions. Utility operators must therefore find a way to keep the grid stable, says Sven Wagner, Director, ConnectedEnergy at Bosch Software Innovations in a recent interview.

Source: Enabling the clean energy revolution | News | Eco-Business | Asia Pacific

08. October 2015 · Comments Off on China shows business case for green energy · Categories: News · Tags: , , , ,

The narrative around renewable energy sources is typically framed almost entirely in terms of their contribution to reducing carbon emissions and thereby providing a means to tackle climate change. From this perspective, the drive for renewables is inseparably linked to international negotiations over reducing carbon emissions, which will come to a head at the United Nations summit in Paris towards the end of this year.

Source: China shows business case for green energy – MacroBusiness

28. August 2015 · Comments Off on Kentucky Municipal Power Company Uses Sunverge Energy Storage Systems for Innovative Demand Response Program · Categories: News · Tags: , , , ,

The Glasgow Electric Plant Board is installing Sunverge Energy’s smart energy storage devices as part of the utility’s effort to significantly reduce emissions during times of peak demand for its customers in southern Kentucky.The municipally owned utility, which serves a town of 14,000, turned to Sunverge to help reach its goal of reducing carbon emissions by 25 percent. The Sunverge system, to be installed in 165 homes, provides utility-grade storage at individual homes along with software “in the cloud” to manage that storage. The devices will capture power from the electric grid at night or when demand and cost are lower. When demand peaks and costs are higher, the utility will order the batteries to release that power and distribute it to its customers, reducing the need to supply additional power from traditional generating plants.

Source: Kentucky Municipal Power Company Uses Sunverge Energy Storage Systems for Innovative Demand… — SAN FRANCISCO, Aug. 14, 2015 /PRNewswire/ —

25. February 2015 · Comments Off on Bill Gates and Other Business Leaders Urge U.S. to Increase Energy Research · Categories: News · Tags: , , , ,

The government is spending far too little money on energy research, putting at risk the long-term goals of reducing carbon emissions and alleviating energy poverty, some of the country’s top business leaders found in a new report.

The American Energy Innovation Council, a group of six executives that includes the Microsoft co-founder Bill Gates and the General Electric chief Jeffrey R. Immelt, urged Congress and the White House to make expanded energy research a strategic national priority.

via Bill Gates and Other Business Leaders Urge U.S. to Increase Energy Research – NYTimes.com.

21. August 2014 · Comments Off on Europe dominating concentrated solar power · Categories: News · Tags: , , , ,

In 2013, the global concentrated solar power (CSP) market was worth $2,507.4 million and is forecast by Transparency Market Research (TMR) to reach $8,674.7 million in 2020 — growing at a compound annual growth rate (CAGR) of 19.4 percent from 2014 to 2020.

Growing concern over declining fossil fuel reserves, rising demand of power in industrial, commercial and residential sectors, greenhouse gases emissions, and increasing prices of power generation from fossil fuels are fueling market growth, according to TMR. An increasing need to reduce carbon emissions and find an alternative clean, sustainable energy solution will bolster overall demand.

via Europe dominating concentrated solar power – FierceEnergy.