Articles
There is mounting evidence that climate change and environmental degradation pose an existential threat. Climate change drives policy-makers into a state of self-examination, says Andrew Hammond. He asks: Is the hallowed principle of ‘market neutrality still relevant in light of the climate emergency? Hammond: If central banks hope to adapt to this looming threat, they must create a framework that considers a dramatically changed environment (low rates for longer with rising vulnerabilities…), shifting demographics, economic stagnation and the erosion of multilateral policy rules. He says central banks should start thinking more proactively about policies that can help create a more sustainable sustainable future. Hammond: There are, arguably, three possible perspectives on monetary policy neutrality: one that keeps things unchanged; one that uses a neutral policy rate (NPR), one that redefines ‘neutrality;. One possibility would be a ‘Gross Welfare Product’ and one that would be ‘Discarding market neutrality’.
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Chemical Industry could go totally carbon neutral
Switzerlands Federal Council has decided that the country should become carbon-neutral by 2050. This may be challenging as far as car traffic and the entire power sector are concerned. A switch of this kind will be more difficult for the chemical industry.
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Utility Asset Management—Digital Twin or Digital Octuplets
Some people call the geographic information system (GIS) a digital twin of the grid. GIS captures grid assets and their locations. It includes their attributes and some behavior. The problem for many utilities is that GIS has many brothers and sisters that.
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Mythbusting: The footprint of renewable energy
By 2017, only 43,500 tons of PVP waste was created worldwide. By 2050 this number is expected to rise to 60 million tons. With better eco-design and new technologies, we may soon be able to re-use all of it.
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Calorimeters for thermal propagation research on Lithium-ion batteries
Lithium-ion batteries have the advantages of high energy density, fast charge/discharge ability, no memory effect and low self-discharge. The last step is to prevent the propagation of the thermal runaway from one cell to the neighbouring cells.
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Russia's hydrogen for Japan
Russia is all set to gain a foothold in the global hydrogen sector. It looks like a bid to be a key supplier for Japan, which has ambitious targets for adoption of the fuel by 2050. Russi hs been burned erlier on by delys in securing .
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Ushering in the decade of digital
2019 was quite a year for digitalization in the Utility sector. Digitalization has become a dominant, if not permanent part of the Utility lexicon. In 2019 alone, the Utility Industry will have spent over $60 billion on digitalization initiatives.
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Pandemic upends commercial renewable energy demand
The covid-19 pandemic is disrupting industries around the world, including renewable energy. Experts caution that corporate renewable energy demand could drop off. Solar projects linked to corporate power purchase agreements in Europe could be delayed by the virus outbreak and new projects are.
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Data centers aren't the energy hogs we thought
Researchers developed the most detailed model to date of global data center energy use. The model provides a more nuanced view of data Center energy use and its drivers. More efforts are needed to better monitor energy use moving forward, lead author says.
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Electric cars better for climate in 95% of the world
Study by universities of Exeter, Nijmegen and Cambridge found that electric cars lead to lower carbon emissions overall. Under current conditions, driving an electric car is better for the climate than conventional petrol cars in 95% of the world. Study projects.
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