Summary of the IEA Electricity Market Report 2023
Navigating Turbulence: Global Electricity Demand and Decarbonization Efforts Global Electricity Demand Dynamics in 2022 and Beyond Despite facing headwinds from the energy crisis, global electricity…
Read Full articleKey findings on digitalisation technologies to increase energy efficiency in electric motor driven systems
Worldwide, electric motor systems consume about 10,700 TWh annually worldwide and were responsible for 53% of the global electric energy consumption in 2016. This corresponds to approximately the…
Read Full articleElectric 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. This will lead to a significant market growth, as well as growing…
Read Full article10 Facts about Electric Vehicles
Electric vehicles (EVs) are at the heart of developing synergies between the transport and energy sectors. EV integration into the electricity grid offers a particularly compelling solution for energy storage and grid services, enabled by so-called vehicle-to-grid mechanisms and smart charging. The shift to electric vehicles will also bring about additional employment and environmental benefits…
Read Full Business Practice6 Lessons on energy decarbonization from countries leading the way
Getting to a net-zero-carbon energy system is essential . It will be a major effort, one that requires significant investment in new low-carbon infrastructure, from renewable power plants to electric…
Read Full articleUtilities and Governments are Wasting Millions of Dollars Subsidizing A Wrong Technology for Motor Systems Efficiency
According to the International Energy Agency (IEA), electric motor systems consume more than half of global electricity. Industrial electric motor systems account for over 70% of total global…
Read Full articleThe hidden benefits of solar powered energy
Are you a solar-powered energy user? Have you considered adopting solar as a source of power for your home or business? If you answered “yes” you’re in good company. According to a recent report from…
Read Full articleUtility of the future
Energy Efficiency in industrial processes is part of the Demand Side Management of the energy markets. However, there are many developments clearly indicating that the time is over where the different…
Read Full article10 Facts about Heat Pumps
Heat pump technology is efficient and mature. Capacities range from 20kW to 100kW for residential applications and even higher capacities for commercial applications. Industrial and district heating heat pumps reach capacities of several MW. Operating the unit when surplus electricity is available and storing that surplus energy in the form of heat provides significant demand response capacity to…
Read Full Business PracticeUruguay, Latin America’s renewable champion
Uruguay lies between Argentina and Brazil on the Atlantic Ocean and is home to about 3.5 million people. But this small country has made it to the top 5 in wind and solar energy producers worldwide .…
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