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Blockchain & the Energy Sector

A new report from the International Renewable Energy Agency (IRENA) in Brussels, says that to accelerate low-cost renewables in the power sector, countries will need innovative technology tools which enable them to benefit from renewable scale-ups.  The report, Innovation for a Renewable-Powered Future, mapped 30 key innovations and 11 solutions in the variable renewable energy (VRE) landscape exp ...

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FUGRO HELPS POWERCO DELIVER NEW ZEALAND’S ENERGY FUTURE

Powerco Limited, the largest electricity distributor in New Zealand by geographical area, has awarded Fugro a significant digital inspection programme for its vegetation and network assets. Much of Powerco’s overhead network, which was built over 50 years ago, is nearing the end of its useful life and has come under increasing pressure from regional network growth. Fugro w ...

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Northeast Asian Power Grid Will Cost $6.2 Billion!

SEOUL — A cross-border power grid system that would connect South Korea with China, Russia and Japan is expected cost over 7 trillion won (US$6.2 billion) to build, a state-run utility firm said today. In a feasibility report submitted to parliament, the Korea Electric Power Corp. (KEPCO) said connecting the electricity system between the four nations for the so-called Northeast Asia super grid would cost a ...

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Uttar Pradesh Power Plays Sucking Energy From Grid

Further losses by electricity distribution firms in Uttar Pradesh have raised doubts over the central government’s ambitious Ujwal Discom Assurance Yojana project, which was set up to make the power sector financially viable. Power Minister Raj Kumar Singh said in June that nationwide losses had narrowed to Rs173.52 billion (US$2.34 billion) in 2017-18, from Rs510.96 billion (US$6.89 billion) in the previou ...

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Hengtong Sign 220KV Project With Nepal Electric

Hengtong successfully signed a 220kV transmission line project with Nepal Electricity Authority, indicating the internationalization breakthrough of Hengtong in the land high voltage transmission line project. On August 20th, Hengtong successfully signed a 220kV transmission line project with Nepal Electricity Authority (NEA). As an important part of the energy interconnection project between India and Nepa ...

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StarHub Eyes Singapore Open Electricity Market

Singapore's StarHub has announced a new joint initiative with renewable energy startup Sunseap to enter Singapore's open electricity market. The two companies will collaborate on areas including customer service, billing and sales and explore opportunities in the smart energy and IoT segments. The Singapore government is working to liberalize the retail electricity market by the second half of the year, sta ...

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Indonesia attracting Billions of Dollars in Investment!

Indonesia is forgoing billions of dollars on offer from American companies eager to invest in South-east Asia's biggest economy, United States Ambassador to Indonesia Joseph Donovan said. As the US tries to arrest a deteriorating trade balance with Indonesia, which last year found itself in President Donald Trump's cross-hairs, Donovan has also rejected complaints of increasing American protectionism. Indon ...

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Creating a strategy for PEV Solutions

If energy utilities want to forge a place in Australia’s evolving energy ecosystem they need to create a strategy for providing PEV solutions, writes Charlie Richardson. Alongside the many insights into the National Electricity Market (NEM), the Finkel Review found that the uptake of plug-in electric vehicles (PEVs) combined with a decarbonised grid could help to achieve significant emissions reductions in ...

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Lithium Ion Versus 3 Phase UPS

Is Lithium Ion (Li-ion) a suitable replacement battery solution for your 3 phase Uninterruptible Power Supply (UPS) System? We have received inquiries from our customers regarding possible conversion of their current VRLA or wet cell battery solutions to Li-ion for their UPS systems. Of course, when Li-ion batteries are positioned to deliver a lower total cost of ownership (TCO) as compared to VRLA batterie ...

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$3.4 Climate Investment Opportunities in South East Asia

South Asia's ambitious plans to meet its climate targets under the Paris Agreement represent $3.4 trillion worth of investment opportunities in cities and infrastructure by 2030, according to Climate Investment Opportunities in South Asia, a new report by IFC released today by IFC, a member of the World Bank Group. Bangladesh, Bhutan, India, Maldives, Nepal and Sri Lanka, which represent 7.38 percent of glo ...

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