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The Intersection of Energy and AI: Insights from the IEA Global Conference
The International Energy Agency (IEA) hosted its inaugural Global Conference on Energy and AI at its Paris headquarters, bringing together leaders from technology companies, the energy sector, and…
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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…
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Utilize all the available energy — Heat recovery
Today, global industry consumes a vast amount of energy. The biggest challenge is that as much as half of it is wasted due to the inefficient and complicated recovery of low-grade energy. Heat in the…
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Sustainable finance: Simplicity liberates action!
For nearly ten years Energy Efficiency in Industrial Processes (EEIP) has been working on the policies and tools enabling financing of energy efficiency in industry. Complexity of investing in energy…
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The European Investment Bank (EIB) revises energy lending criteria
The European Investment Bank (EIB) will phase out support to energy projects reliant on fossil fuels: oil & gas production, infrastructure primarily dedicated to natural gas, power generation or heat…
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Transforming Europe's Energy Grids for a Sustainable Future
1. The Vision: Connecting Europe's Energy Grids for the Future Europe is in the midst of a major energy transition, driven by the need to reduce carbon emissions and increase the use of renewable…
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…
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Artificial Intelligence Act: Landmark Deal Reached for World's First AI Rules
Introduction After intensive three-day negotiations, a historic agreement on the Artificial Intelligence Act has been reached between the Council presidency and the European Parliament. This act, a…
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What are critical components of a battery energy storage system (BESS)?
Battery energy storage plays an essential role in today’s energy mix. As well as commercial and industrial applications battery energy storage enables electric grids to become more flexible and…
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ChatGPT and the EU’s Artificial Intelligence Act
The European Union (EU) is considering a new legal framework that aims to significantly bolster regulations on the development and use of artificial intelligence. The proposed legislation, the…
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