We spoke with Tom Lindberg and Stein Amble Haugan, Managing Director and Key Account Manager of ECOHZ, who attended the World Future Energy Summit (WFES) in Abu Dhabi 17-18 January 2017.
The First Law of Thermodynamics states that energy cannot be created or destroyed. It can, however, be transferred from one location to another and converted to and from other forms of energy.
Our findings show that industry experts are optimistic about the pace of innovation in the low carbon space, and shed light on which technologies will have the most impact on the sector.
The recently published Department of Energy 2017 U.S. Energy and Employment Report shows that clean electricity jobs are no doubt the engine that drives America's electric energy economy, outstripping the number of paychecks provided by the fossil fuel industry by at least five to one.
The two new tools, a Request for Proposal (RFP) template and a Term Sheet template, aim to bring standardization to the corporate market for offsite renewables, and to serve as a starting point for companies still learning about the ins-and-outs of the transaction process.
China's National Energy Administration (NEA) announced plans recently to spend more than $360 billion dollars on renewable energy by 2020.
The president-elect has shown a willingness to alter his views in response to new information. As these charts show, clean energy can help him keep his promises.
The growth in solar has been driven by state-level incentives and steep price declines in building projects. These two drivers are probably not going to stop any time soon.
The good news is that the clean energy genie is out of the bottle for good. Markets must reflect the new reality of low-cost clean energy and clean energy policy preferences.
Many companies don't realize that they can generate their own power on-site and in a cleaner and more cost-effective way.
The renewable and energy efficiency industries have created over 2.5 million jobs in the United States. Solar now employs more Americans than than oil, natural gas and coal combined. The nation's fastest growing occupation is, believe it or not, the wind turbine technician; which is still projected to grow 108% in the next 7 years.
Renewables have now reached such a critical mass, utilities can no longer ignore them as a way to augment their capabilities in producing power cheaper, smarter, better. At this point, the tide has turned for utilities and there is no going back.
VTT is seeking a carbon capture technology for Finnish power and heat production plants. The first pilots were implemented, using wood pellets, at VTT's Bioruukki and the results are promising.
For energy traders and utilities, profitability in this complex and evolving market requires a full and complete picture of assets, operations, positions and risk exposures. Too many utilities are still labouring under a painful burden of data management challenges, including lack of automation, multiple disparate systems and data formats.
Researchers at the National Renewable Energy Laboratory are using multiphysics simulation to better understand and optimize the conversion process for plant-derived biofuels.
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