Wärtsilä signs 15-year Operation and maintenance agreement for El Salvador power plant
Wärtsilä will operate and maintain Energía del Pacífico’s 378 MW power plant in El Salvador for the next 15 years when the plant commences operations at the end of 2021. The technology group Wärtsilä has signed a long-term Operation & maintenance (O&M) agreement with Energía del Pacífico for a 378 MW power plant in El Salvador. The 15-year agreement was signed in Q4 2019 and will take effect when the plant commences operations at the end of 2021. Wärtsilä will start to recognise order intake...
IQGeo Helps Peninsula Light Create Digital Twin of Electric Network
Cambridge – IQGeo (AIM: IQG), developer of mobile-first geospatial productivity and collaboration solutions for the telecoms and utility industries, is helping Peninsula Light to create a digital twin of its electric network and a new mobile meter deployment capability. IQGeo’s software has enabled Peninsula Light to digitize the rollout a major meter upgrade project that will see line crews and operational personnel using the IQGeo mobile software to install 33,000 new meters during 2020....
Helsinki searches sustainable city heating solutions: Global challenge competition launches today
In a drastic turn to eliminate coal as the main source of district heating, The City of Helsinki today kicks off the Helsinki Energy Challenge – a global one million euro competition to find the future of urban heating. With the aim to find a solution sustainable in the long term, ideas presented must not rely on fossil fuel or biomass fired heating. With the aim of becoming carbon-neutral by 2035 and with coal banned from energy production in Finland from 2029, Helsinki is strongly dedicated...
Lux Predicts Energy Storage Market Will Hit $500 Billion by 2035
BOSTON, MA – The total energy storage market is expected to grow to $546 billion in annual revenue by 2035, according to a report released by Lux Research. The report, “Global Energy Storage Market 2019,” estimates that the three main drivers of energy storage – mobility applications, electronic devices, and stationary storage – will reach an annual combined deployment level of 3,046 GWh over the next 15 years, up from the current 164 GWh, with mobility applications making up the lion’s share...
Pivot Power, an EDF Renewables company, places order with Wärtsilä for 100 MW of energy storage in UK
Pivot Power, an EDF Renewables company specialising in battery storage and infrastructure for electric vehicle charging, has placed an order with technology group Wärtsilä to deliver 100 MW of energy storage in the UK. Pivot Power is developing a world-first national network of grid-scale batteries and high-volume power connections to provide essential capacity for rapid electric vehicle (EV) charging. The first two projects at Cowley in Oxford and Kemsley in Kent are expected to be fully operat...
Renewable Energy Outpace Coal: What Can Be Done to Accelerate Positive Changes?
For the first time in history, in 2019, the EU countries generated more energy using renewable sources than coal. According to the recent report, it was the sharpest reduction in the European power sector’s carbon emission in three decades. A solar plant developer Sun Investment Group explains what could be done to increase renewable energy production within the region and expedite the transition February 24, 2020. 2019 was the first year when European Union member countries generated more en...
US DOE to fund support for clean coal research as coal-fired plants retire at near-record pace, says GlobalData
The cumulative coal capacity declined from 342.30 gigawatts (GW) in 2010 to 257.14GW in 2019 at a negative compound annual growth rate (CAGR) of 1.4% between 2010 and 2019. Furthermore, 5.8GW of US coal capacity is scheduled to retire in 2020 and three-quarters of new generating capacity will be from renewable energy, according to GlobalData, a leading data and analytics company. With approximately 21.4GW of coal capacity going offline by 2024, the US Department of Energy (DOE) has committed...
Semco Maritime, WSP USA and ISC Consulting Engineers Partner to Accelerate Delivery of Offshore Wind to the American Grid
Semco, WSP ISC Group: From left to right(Matthew Palmer (WSP), Stephan Schwab(WSP), Tommy Flindt (Semco), Andreas Laungaard (ISC), Ian Bunckenburg (Semco). BOSTON, MA / COPENHAGEN, DENMARK - Semco Maritime and ISC Consulting Engineers, based in Denmark, along with WSP USA based in the U.S. have announced a partnership that will combine Semco Maritime and ISC’s offshore wind farm and substation engineering and construction experience with WSP’s expertise in U.S. offshore wind permitting and engi...
MIT study highlights benefits of a two-way exchange of electricity between the U.S. Northeast and Quebec as the region decarbonizes
CAMBRIDGE, Mass. : States in the Northeastern U.S. can transition to low-carbon electricity at a lower cost by using hydropower reservoirs in Quebec for energy storage, says a new MIT study. Countering conventional wisdom, the study argues that Quebec’s hydropower reservoirs are best seen by Northeastern states as a virtual energy storage resource rather than a continuous source of energy. In a low-carbon future, the value of Quebec hydropower is maximized when used to balance and store renew...
Utilities need to exploit the deluge of data set to grow in 2020 as smart device sales soar, reveals GlobalData
Big data analytics has emerged in response to the exponential growth in data and the utility industry, like most other industries, has started to make several transformations with the use of modern devices, says GlobalData, a leading data and analytics company. Cloud computing, machine learning, Internet of Things (IoT), robotics, blockchain and cybersecurity are being deployed by utilities in their operations. These technologies are the big current and future investment avenues for utilities...
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