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AI Advancement In Power Grid Digital Twins – A Growth Story
The power industry remains a hub when it comes to patent innovation. The activity is driven by the rising demand for energy and the need for greater energy efficiency. Furthermore, the growing significance of technologies like artificial intelligence as well...
News & Press Releases
Heavy investments needed for Europe to become energy self-sufficient by 2030
Based on a report by the Potsdam Institute for Climate Impact Research, Europe has the potential to meet all of its energy needs from renewable sources starting in 2030. However, achieving this goal would require substantial investments in trillions...
News & Press Releases
Hydrogen Hubs In The US Taking Shape With $7bn In Grants
According to the Guardian, the US Department of Energy has chosen 7 projects to participate in a $7 billion programme aimed at establishing new hubs that are dedicated to the advancement and manufacturing of hydrogen fuel. The White House...
News & Press Releases
Dogger Bank – Largest Offshore Wind Farm In World Shapes Up
In October, the first power at the world's largest offshore wind farm was announced, bringing a much-needed boost to the wind energy sector. After months of concerns regarding high costs of materials, low profits, as well as mechanical issues...
Hydroelectric
Techno-economic dispatch model to combine pumped hydro with solar, wind power
A research team in Spain has developed an hourly mathematical model that reportedly allows for the optimal management of grid-connected renewable generation facilities and pumped hydro-energy storage with reversible pump turbine. The scientists tested the model on a potential...
Hydroelectric
Fortum plans to rehabilitate 42MW Untra hydropower plant
Nordic energy company Fortum announced it will invest over SEK700 million (US$64.2 million) from 2023 to 2030 to modernise Untra, one of Sweden’s oldest hydropower plants.
The investment is part of Fortum’s strategic priorities to deliver reliable clean energy and...
News & Press Releases
Stricter Regulations For Electricity Companies By Ofgem
Electricity companies will no longer employ a contentious strategy that raises bills to the detriment of consumers, as announced by the energy watchdog. Ofgem has introduced rules aimed at curbing companies from making "excessive" profits during the winter season....
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