Tag / 8BIT
Tags posts about 8BIT.
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EDP to accelerate green hydrogen deployment with a 1.5GW pledge
Portuguese electric utility company EDP has pledged to deploy 1.5GW of green hydrogen capacity by 2030 to help increase the use of the low-carbon energy resource for energy security and decarbonization. EDP joins 28 large companies including Iberdrola, Enel, Engie, Shell, and Total, that have pledged to the World Business Council for Sustainable Development H2Zero commitment, which…
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Global energy storage market set to grow 20X by 2030; will hit 1 TWh
The U.S. and China will lead, claiming over half of the global installations by the end of this decade, according to a new outlook by Bloomberg New Energy Finance (BNEF). According to the latest outlook from Bloomberg New Energy Finance (BNEF), energy storage installations — which BNEF defines as stationary batteries used in ancillary services, energy…
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Anonymous U.S. solar manufacturers considering options after Commerce rejects tariff petition
Follow @EngelsAngle</scrip A group of anonymous U.S. solar manufacturers is evaluating options after the Dept. of Commerce rejected its antidumping tariff petition against solar modules and components imported from three Southeast Asian countries. In a statement issued through a media relations firm, the American Solar Manufacturers Against Chinese Circumvention (A-SMACC) said that the group could…
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Strategies for reducing the fossil-fuel impact of electric vehicles
Contributed by Philip T. Krein, University of Illinois at Urbana-Champaign and Zhejiang University, China The impact of electric transportation on pollution and reduced carbon emissions and fossil-fuel consumption is complicated. On the one hand, well-designed electric vehicles (EVs) use much less energy per mile than conventionally-fueled vehicles. For passenger cars, good all-electric designs use roughly…
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RWE plans €50 billion investment in renewables by 2030
Follow @EngelsAngle</scrip German energy titan RWE plans to invest €50 billion in renewable energy technologies by 2030 as part of a new strategy to deploy an additional 25 gigawatts of clean energy generating capacity. The plan, announced Monday, would bring RWE’s total green generation to 50 GW by the end of the decade. The corporation will…
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Not all storage solutions are created equal
Contributed by Hans Maghon, Head of Energy Storage at Siemens Energy Understanding the different methods of energy storage allows us to glimpse the shape of our future energy system. As we head towards a decarbonized energy future, it’s becoming more and more clear that energy storage systems will form not just building blocks, but be…
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Bitfarms acquires 24-MW hydro power plant in Washington State
Bitfarms Ltd., a Bitcoin self-mining company, has acquired a 24-MW hydro power plant in Washington State, U.S., and entered into a memorandum of understanding with the seller to co-develop additional farms in the area, increasing total mining capacity in Washington to 99 MW. Neither the name of the hydro plant nor the company from which…
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JPMorgan Chase partners with EDF to ensure zero carbon energy supply
Financial services firm, JPMorgan Chase and energy company, EDF, have announced a collaboration to help power JPMorgan Chase’s UK offices with 100% renewable electricity. EDF will provide JPMorgan Chase with approximately 120,000 MWh of renewable electricity each year to power more than 3 million square feet of offices across the UK, which is the equivalent…
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NextEra wants to build offshore wind transmission for New York and New Jersey
Follow @EngelsAngle</scrip A subsidiary of NextEra Energy has submitted transmission proposals to support the buildout of offshore wind projects in New York and New Jersey. NextEra Energy Transmission submitted the New York Renewable Connect and New Jersey Seawind Connector proposals with PJM and NYISO regulators, respectively. Regulators in New York and New Jersey are expected…
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Where are we on the path toward a carbon-free energy system?
Destination 2050 is focus of DISTRIBUTECH / POWERGEN conference and leadership summit By 2050, if all of the climate-change related pledges and regulations take effect as currently planned, we should be living in a clean-energy powered world with a fully carbon-free electricity system powering fully electrified transportation, industrial and building sectors. But we certainly have…