Energy Transition is Accelerating Across Countries Worldwide According to 2019 World Energy Trilemma Index
Abu Dhabi – today the World Energy Council in partnership with Oliver Wyman, unveiled the latest progress for almost 130 countries on developing policies for Energy Security, Equity and Environmental Sustainability. The 2019 World Energy Trilemma Index, created by the World Energy Council, in partnership with global consultancy Oliver Wyman, a business of Marsh & McLennan Companies, provides an objective rating of national energy poilicy and perfomance across three dimentions: Energy Securit...
API Issues Three New Integrity Management Standards for Offshore Natural Gas and Oil Production
WASHINGTON - Today, API published three new Integrity Management (IM) standards to ensure the continued reliable and efficient operation of offshore floating production platforms, including facilities designed to produce natural gas and oil, and export liquefied natural gas (LNG). “We continuously publish and revise standards to make offshore natural gas and oil production a safe, effective, and sustainable resource,” said Debra Phillips, Vice President of Global Industry Services. “An e...
Thermal Battery Producer Heats Up Storage Market
CCT Energy Storage Executive Director - Head of Research & Development Graham Warburton and Chief Executive Serge Bondarenko at the company's manufacturing base in Adelaide's southern suburbs. An Australian thermal energy storage company has reached in principle agreements to pilot thermal batteries in the telecommunication and eco-housing industries. CCT Energy Storage is on track to install its first commercial Thermal Energy Device (TED) at a mobile phone base station in Adelaide,...
World Energy Scenarios 2019 Launched
Global Energy Demand on Track to Peak Between 2020 and 2025 September 9, 2019 – Today the World Energy Council in collaboration with Accenture Strategy and the Paul Scherrer Institute launched an updated World Energy Scenarios report. Among the key findings, per capita energy demand projected to peak before 2030 and innovative net zero carbon pathways include hydrogen. The scenarios provide energy leaders with a clear strategic framework for navigating ‘disruption-as-usual’ and offer a platfo...
Ping Flicks Switch on Wind Turbine Listening Devices
The first major roll out of acoustic listening devices to monitor the health of wind turbines will go live in Australia today. South Australian company Ping Services will install 55 of its devices on turbines at a wind farm in the neighbouring state of Victoria as part of a three-month pilot program. The patented device, known as the Ping Monitor, uses acoustic analysis, machine learning and the Internet of Things (IoT) to continuously detect wind turbine blade damage. The key piece of...
Utility-linked smart thermostats to account for 36% of $75bn automated home market by 2025, says GlobalData
The automated home market exceeded $23bn in 2018 and is expected to reach $75bn by 2025, at an impressive compound annual growth rate (CAGR) of 18%, according to GlobalData, a leading data and analytics company. GlobalData’s latest theme report, ‘Thematic Research: Automated Home and Utilities’, states that growth will mostly be driven by smart thermostats, which are becoming increasingly common as consumers and governments look to control energy consumption. In fact, over $7bn of the 2018 fi...
Ørsted to Build 230 MW Wind Farm in Nebraska
CHICAGO - Ørsted’s U.S. onshore company, Lincoln Clean Energy (LCE), a leading developer of U.S. renewables, issued the Final Notice to Proceed on its Plum Creek wind facility in Wayne County, Nebraska. This follows the final investment decision from Ørsted’s Board of Directors. The 230MW wind farm is expected to be operational in 2020 and will generate enough energy to power up to 100,000 homes annually. Upon issuance, LCE now has 670MW of wind facilities under construction across three sta...
Rice Reactor Turns Greenhouse Gas into Pure Liquid Fuel
Rice University engineer Haotian Wang adjusts the electrocatalysis reactor built in his lab to recycle carbon dioxide to produce liquid fuel. The reactor is designed to be an efficient and profitable way to reuse the greenhouse gas and keep it out of the atmosphere. (Credit: Jeff Fitlow/Rice University) HOUSTON – A common greenhouse gas could be repurposed in an efficient and environmentally friendly way with an electrolyzer that uses renewable electricity to produce pure liquid fuels....
New Wärtsilä 31DF Engine Makes Entry to Energy Industry with Unprecedented Efficiency with Fuel and Operational Flexibility
The technology group Wärtsilä introduces its latest engine and power plant solution to the power generation markets. The Wärtsilä 31DF multi-fuel engine offers unequalled open-cycle efficiency, fuel choice flexibility, and unparalleled dynamic operational features. It offers an excellent solution for markets where a gas supply is anticipated but not yet available, or where there are concerns regarding the availability or price of gaseous fuel. The Wärtsilä 31DF engine is specifically designed...
APAC Will Continue to Lead Global Wind Turbine Market with 33.14GW Capacity by 2023, Says GlobalData
Asia-Pacific (APAC) is expected to lead the wind turbine market with an annual installation capacity of 33.14 gigawatt (GW) by 2023, largely driven by onshore deployment; followed by EMEA and Americas with capacities of 19.9GW and 11.7GW, respectively, according to GlobalData, a leading data and analytics company. The company’s latest report ‘Wind Turbine, Update 2019 – Global Market Size, Competitive Landscape and Key Country Analysis to 2023’ reveals that the buoyancy in the market is large...