Articles
Researchers looked at what would be required to reliably meet demand over 20 years. They found that providing baseload power at a price comparable to a nuclear power station would require energy storage capacity costs to fall below $20 per kilowatt hour (kWh) The researchers also investigated the implications of allowing renewables to fail to meet demand just 5 percent of the time over the 20 years, with other technologies filling the gap. Overall, the analysis suggests a grid built primarily around renewables and energy storage could approach the cost of conventional technologies in the medium term. But barring any surprise technological developments, there is still likely to a significant gap in cost-effectiveness that could slow adoption. With that taken into consideration, renewables combined with energy storagecould provide a viable route to a sustainable grid. The gap could be dwarfed by the price of unchecked climate change, though. with that gap could dwarffed by unchecked, though, by 2030, the gap could grow.
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Blockchain will be the next GDPR
Internet of Things (IIoT), big data, blockchain, digital twin technology are all the building blocks of the evolving ecosystem. Potential applications of blockchain technologies could be: markets for certificates of origin, network management and security, electric vehicle charging and coordination.
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The European Investment Bank (EIB) revises energy lending criteria
The European Investment Bank will phase out support to energy projects reliant on fossil fuels. These projects will not be presented for approval to the EIB Board beyond the end of 2020. All the Banks activities in the energy sector will be fully aligned with the Paris.
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Hungary, Portugal and Poland sign up to EU quantum communication infrastructure initiative
QCI will help Europe to secure its critical infrastructure and encryption systems against cyber threats. It will also enable data centres to store and exchange information safely. Long-term plan is for the QCI infrastructure to become the backbone for Europes Quantum Internet.
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Sustainable finance: Simplicity liberates action!
Energy efficiency financing is one of the foundations of sustainable financing in the EU. TEG identified 67 activities for sustainable finance and emphasised the urgencies for investments that need speedy energy transition. The key objective is categorisation and simplification of financing and investment.
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EIC Accelerator Fund Investment Guidelines available!
The EIC Accelerator Fund is a breakthrough initiative of the European Commission. It is the first of its kind EU intervention in direct equity-type investments in combination with grants (blended finance) Investment Guidelines for Applicants detail the main guiding principles.
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What the energy efficiency community can learn from the Club of Rome
Eceee has been focusing on sufficiency and we are making some inroads there. After the first oil crisis, energy efficiency became a policy option for governments and societies. But improving our efficiency does not necessarily lead to lowering energy demand or reducing GH.
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Electric Vehicles & Heat Pumps: Electric motors play a crucial role in the energy transition
Electric motors are implicated in two major decarbonisation options involving electrification: electric vehicles (EVs) and heat pumps. Electrical power sector is the fastest to decarbonise because of the wide variety of carbon-free energy sources that can generate electricity.
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ICP partners made it!
ICP Europe is tackling two of the main drivers for energy efficiency markets. Investor Ready Energy EfficiencyTM (IREE) certification scheme in local countries. ICP has trained more than 450 Project Developers and Quality Assurance Assessors across Europe on its.
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More than Ronaldo - How 5 innovative Portuguese companies drive energy efficiency
The ICP framework is a set of Protocols that define a clear roadmap for developing projects. Members of the ICP Project Developer and Quality Assurance network can apply the framework and receive an ICPs Investor Ready Energy Efficiency™ (IREE™).
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