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Clamour for renewables rises as corporate power use comes under greater scrutiny

FLUSH with opportunity and the capital needed to move investment and M&A strategies forward as the rush to decarbonize the global energy system heightens, corporate power and renewables companies need to prepare for rising near-term risk. Decarbonisation is the lynchpin of the global strategy to meet the 1.5-degree warming scenario influencing companies’ planning. According to Wood Mackenzie’s new Corpo ...

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Companies reduce emissions by up to 19% through digital tools, new report from Schneider Electric and CNBC shows

70% of emissions reduction are achievable with existing, proven and competitive technologies[1] Swire Properties, IBM, Jacobs, IHG Hotels, and Tata Power share benefits of digital innovation Artificial intelligence, machine learning, blockchain, and 3-D modeling are key to supporting existing transformations as viable solutions to overcome climate challenges  Schneider Electric™, the global leader in ...

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Five essential questions for monitoring renewable energy

As renewable energy sources get smaller, so should the remote telemetry units (RTUs) used to control them. Diversification of the energy sector is a double-edged sword. While the benefits of reducing our reliance on fossil fuels are increasingly clear, many of these alternative energy sources don’t have the same level of control as traditional plants. Here, Matthew Hawkridge, chief technology officer at Ova ...

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BIMP-EAGA taps renewable energy for green recovery

Renewable energy (RE) is at the heart of going green in ASEAN’s BIMP-EAGA sub-region. The Brunei-Indonesia-Malaysia-Philippines East ASEAN Growth Area is committed to sustainability and developing clean and green technologies in its Vision 2025 and covid-19 recovery strategy. Building green cities, boosting ecotourism, shifting to the circular economy, and guiding small businesses towards green manufacturin ...

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Japan takes superconducting power transmission leap

TOKYO -- Superconducting power transmission technology, which promises to deliver electricity while leaking almost none along the way, has entered the practical stage in Japan, offering a potentially less costly way to operate trains and a possible countermeasure to global warming. A Japan Railway-affiliated research institute has laid a 1.5-km superconducting transmission line -- the world's longest practi ...

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Renewable costs in Asia rise, but still close in on Fossil Fuels!

While renewable power in Asia Pacific was also hit by cost inflation last year, it managed to gain competitiveness against fossil fuel power, Wood Mackenzie said this week. Amid a power crisis caused by high demand and supply chain tightness, costs of coal and gas power rose by 19% and 46% respectively, the analyst firm estimates. At the same time, the average levelised cost of electricity (LCOE) for new so ...

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Malaysia’s Sarawak Energy to deploy 180,000 advanced meters with Itron

Malaysian utility Sarawak Energy has signed a contract with technology firm Itron for the provision and installation of advanced metering infrastructure. A 15-year deal signed through the utility’s subsidiary SESCO includes the supply and installation of some 180,000 advanced metering units and an IoT communications network to provide connectivity for the smart meters and other intelligent grid devices. Itr ...

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JERA and MHI Start a Demonstration Project to Develop Technology to Increase the Ammonia Co-firing Rate at Coal-fired Boilers

 JERA Co., Inc. ("JERA") and Mitsubishi Heavy Industries, Ltd. ("MHI") have received notice of acceptance of their grant application, under the Green Innovation Fund program of the New Energy and Industrial Technology Development Organization ("NEDO"), to conduct a project to develop and demonstrate a technology to increase the ammonia co-firing rate at coal-fired boilers (the "Project"). Ammonia enables ef ...

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