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European cooperation on flexibility to accelerate the energy transition. Early in September, we invited a number of our clients from around Europe to participate in a roundtable discussion on energy flexibility. Current energy pricing has little headroom to incentivize consumers to engage in flexibility. kathy.jacquay@….
In a warming world, the transition from fossil fuels to renewable energy is heating up. Global capacity for renewable power generation is expanding more quickly than at any time in the last thirty years, according to the International Energy Agency (IEA).
As more countries, companies and individuals seek energy sources beyond fossil fuels, interest in renewable energy continues to rise. In fact, world-wide capacity for energy from solar, wind and other renewable sources increased by 50% in 2023. What is renewable energy? trillion in 2023. trillion in 2023.
Electrification: a lottery ticket that utilities must claim. Utilities face a fundamental dilemma. Due to unprecedented pressure to support the move to an energy-efficient and low-carbon system, they face the paradox of encouraging consumers to consume less of what they sell and distribute—electricity. Wed, 09/27/2017 - 07:00.
For instance, when utility officials are aware that a heat wave is on its way, they can plan energy procurement to prevent power outages. 3 While the transition from fossil fuels to clean, renewable energy sources is already underway, accelerating this transition could help further limit emissions, even amid rising global energy needs.
The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency. through 2030. equipment, machinery and infrastructure).
By 2030, according to IoT Analytics , we will be relying on some 41 billion IoT devices worldwide, up from 17 billion at the close of 2023. Largely out of the public eye, a lot of work is going on to assure security of this rapidly expanding, massively interconnected digital ecosystem. This, indeed, is what’s happening.
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