Global energy investment is set to increase by 8% in 2022 to reach USD 2.4 trillion, with the anticipated rise coming mainly in clean energy, according to a new report by the International Energy Agency. Although encouraging, the growth investment is still far from enough to tackle the multiple dimensions of the current energy crisis and pave the way toward a cleaner and more secure energy future. energy investment The fastest energy investment growth comes from the power sector mainly in...

The energy industry must urgently decarbonize. Therefore, they need to drive electrification across sectors and source electricity from renewables. This shift gives rise to an increasing number of asset types, partnerships and use cases. Different makes of electric vehicles, charging points, inverters, batteries and heating appliances and various forms of communication within and between energy systems make the work of every player along the energy value chain increasingly complex. In addition,...

IEA’s Africa Energy Outlook 2022 sets out path to bring modern energy access to all Africans this decade while creating new growth industries in critical minerals and green hydrogen. The current crippling spikes in energy prices underscore the urgency and the benefits for African countries of accelerating the scale-up of cheaper and cleaner sources of energy, the IEA says in a new special report released. overlapping crises Russia’s invasion of Ukraine has sent food, energy, and o...

Volta Trucks has revealed the strategic roadmap for its entry into the North American market, having already established itself as a European full-electric commercial vehicle manufacturer and services provider. The plan will see the first Volta Zero vehicles operating on Los Angeles’ streets by the end of next year. The introduction of Volta Trucks’ 100% battery-electric commercial vehicles into North America will be led in 2023 by a Volta Zero Class 7 truck which is equivalent to t...

Dr. Anders Hoffmann, a senior leader in Denmark’s Ministry for Climate, Energy, and Utilities, was welcomed as the new Chair of the IEA Governing Board, assuming the role at a key moment in the Agency’s history. Dr. Hoffmann has been Deputy Permanent Secretary at the Danish Ministry since April 2017 and has been deeply involved in a number of key IEA initiatives, including the recent 7th Annual Global Conference on Energy Efficiency and the Global Commission on People-Cent...

It is almost one month, since the Electric Miles journey began as Head of Commercial and Energy Flexibility, what an exciting ride I’ve jumped on! There is so much opportunity in the EV market and Electric Miles is posed to make a significant impact. Why do they think so?  Well, climate change creates global imperatives on decarbonization and net zero living and transport is currently the largest emitting sector of greenhouse gas emissions. Energy Management platform Electric Miles...

It is almost one month since the Electric Miles journey began as Head of Commercial and Energy Flexibility; what an exciting ride I’ve jumped on! There is so much opportunity in the EV market and Electric Miles is posed to make a significant impact. Why do they think so?  Well, climate change creates global imperatives on decarbonisation and net zero living and transport is currently the largest emitting sector of greenhouse gas emissions. Adopt the EV for transport New decarbonize...

“I’m delighted Andrew Flanagan, having a wealth of renewable energy knowledge across all facets of the business, will join our experienced team in North America as COO. Together with Silvia Ortín and Ingmar Ritzenhofen on the Board of RWE Renewables Americas, he will forge ahead with the expansion of our onshore wind and solar portfolio in North America, one of our strategic key focus markets,” said Markus Krebber, CEO of RWE AG. Development and power functions The RWE...

The GREENTECH FESTIVAL sees itself as a global platform that promotes innovative green technologies for a sustainable future. The aim of the festival is to present innovative technologies for a greener future and to address the big global issues of the time, climate neutrality, reduction of CO2 emissions, and the connection between sustainability and technology. Orcan's ORC modules Orcan's ORC modules enable industrial companies to reduce the CO2 emissions of their plants Orcan Energy will d...

Mingyang Smart Energy celebrated the rollout of the MySE 12MW hybrid drive offshore wind turbine at its manufacturing base in Shanwei, Guangdong. MySE 12MW is an upgrade of the 11MW platform that integrates a variety of innovative technologies for efficient and reliable performance. First, the lubrication system is optimized and co-shared by the gearbox and generator. Second, dual-drive pitch control technology is suitable all kinds of extreme operation conditions. Third, multi-sensor wind me...

Luminus Devices announces the launch and immediate availability of the MP-3030-110F flip-chip LEDs that enable the development of lighting solutions with maximum efficacy, brightness, and overall ruggedness. The flip-chip design means no wire bond, creating higher reliability, as well as enhanced sulfur resistance for robust performance ideal not only in horticulture applications, but also in outdoor and harsh lighting environment applications. Reliable Illumination Solution These LEDs provid...

GlobalLogic Inc., a Hitachi Group Company and pioneer in Digital Engineering, has announced its global sustainability efforts have earned a silver rating from EcoVadis. When compared to other technology services businesses, GlobalLogic ranked in the top 27th percentile. The achievement is a testament to GlobalLogic’s commitment to Environmental, Social, and Governance (ESG) initiatives and supporting its customers in achieving their sustainability goals. Important step in GlobalLogic&rsq...

Luminus Devices announces the launch and immediate availability of the MP-3030-110F flip-chip LEDs that enable the development of lighting solutions with maximum efficacy, brightness, and overall ruggedness. flip-chip design The flip-chip design means no wire bond, creating higher reliability, as well as enhanced sulfur resistance The flip-chip design means no wire bond, creating higher reliability, as well as enhanced sulfur resistance for robust performance ideal not only in horticulture ap...

RWE’s second and largest-to-date battery storage project has entered full operations in County Monaghan, Ireland. 60 MW facility The 60-megawatt (MW) facility, located at Lisdrumdoagh, (3km East of Monaghan town) is capable of providing the rapid delivery of electricity into the power grid to help balance intermittency in electricity generation. It also provides a short-term backup to help address power outages and maintain a more stable and secure electricity supply in Ireland. 8.5 MW...

RWE will acquire the gas-fired power plant ‘Magnum’ at Eemshaven, the Netherlands, in the province of Groningen from Vattenfall. The two companies have signed an agreement to this effect. The plant, which has been in operation since 2013, is one of the most modern power plants of its kind and has an installed capacity of 1.4 gigawatts. RWE to acquire ‘Magnum’ gas-fired power plant Magnum is located in the immediate vicinity of RWE’s existing power plant in Eemsha...

Mingyang Smart Energy celebrated the rollout of the MySE 12MW hybrid drive offshore wind turbine at its manufacturing base in Shanwei, Guangdong. Safety and reliability at the core MySE 12MW is an upgrade of the 11MW platform that integrates a variety of innovative technologies for efficient and reliable performance. First, the lubrication system is optimized and co-shared by the gearbox and generator. Second, dual-drive pitch control technology is suitable for all kinds of extreme operation c...

Volta Trucks, the pioneering and disruptive full-electric commercial vehicle manufacturer and services provider, has completed its first customer driving evaluation and feedback sessions of the Volta Zero Design Verification prototype. The review gave customers their first experience of the zero-tailpipe emission medium-duty truck designed for urban logistics, providing a real-world understanding of the vehicle’s performance, world-first driver-centric cab, and innovative safety features....

Volta Trucks are pleased to announce that it has been shortlisted for the Innovation Award at the prestigious Motor Transport Awards 2022, in partnership with Goodyear.  Motor Transport Awards 2022 This award recognizes that the road transport sector is going through unprecedented levels of change, as it strives to deliver great service, while cutting emissions, improving safety, and addressing the skills shortage all while delivering a profit. This Award is for the most innovative...

On May 11, 2022, Hunan 500 kV Shuicheng substation was successfully put into operation. The substation is the first 500 kV intelligent substation in Hunan Province to realize the remote 'one key sequence control' function. The implementation and application of remote 'one key sequence control' enables the staff of Changsha EHV centralized control station to operate the 500 kV Shuicheng substation equipment more than 300 km away only in front of the centralized control computer, greatly shorteni...

RWE is moving ahead with the expansion of renewable energies in Germany: RWE has already significantly strengthened its team for the onshore and solar business, which has a very regional focus. Of the 200 vacancies, around 50 have already been filled by new colleagues. They will intensively drive forward the project development of onshore wind power and ground-mounted photovoltaics (PV). RWE opens seven New offices in Germany The company has also opened seven offices in Germany since the begi...

Ministers of the G7 group of advanced economies recognized multiple aspects of the IEA’s work on the clean energy transition and energy security, including a recent major report on how to put carbon dioxide emissions from heavy industries such as steel and cement on a path towards net zero. After a two-day meeting in Berlin under Germany’s 2022 Presidency of the G7, Climate, Energy and Environment Ministers issued a communiqué setting out a wide range of actions to tackle &ls...

RWE, Wales’ largest electricity generator, is a sponsor of the 2022 Urdd Eisteddfod in Denbighshire, north Wales. The company is to sponsor the event’s volunteers and stewards, which will be on hand to guide attendees around the festival site in Denbigh. The Clocaenog Forest Wind Farm Fund, which will contribute £19m over the lifetime of RWE’s nearby Clocaenog Wind Farm, is sponsoring a sensory garden within the event. With a long history in Wales, many of...

IEA Executive Director Fatih Birol met with leaders from government, industry, finance and civil society at the World Economic Forum in Davos, Switzerland, this week where he highlighted the need for greater investments in the clean energy transition to address the major global challenges of energy security and climate change. “The world does not need to choose between the energy crisis and the climate crisis. We can solve both of them with the right investment,” Dr. Birol said duri...

The European Commission and the International Energy Agency are joining forces to help EU countries reduce their reliance on Russian fossil fuels. By strengthening investments in clean energy and energy efficiency, the project aims to mitigate the impact of Russia’s invasion of Ukraine on the EU energy sector. Liquefied natural gas In the framework of this common endeavor, the Commission is offering support to Member States to reduce their dependence on Russian fossil fuels through the...

Policy support and flood of new models underpin sales in major markets, but greater efforts are needed to anticipate supply chain bottlenecks and boost critical mineral production. Electric car sales powered through 2021 and have remained strong so far in 2022, but ensuring future growth will demand greater efforts to diversify battery manufacturing and critical mineral supplies, in order to reduce the risks of bottlenecks and price rises, according to the International Energy Agency. Sales of...

There are numerous informative articles on the operational temperature range of electronic components and sub-assemblies, but relatively few on storage temperatures. The datasheets of most manufacturers either show the same storage temperature range as the maximum possible operating temperatures (e.g. 0°C to +85°C) or use the “standard industrial” values of -40°C to +100°C, non-operating and without further explanation. risks and factors However, to correctly store...

IEA Executive Director - Fatih Birol received a visit from Mohammad Sanusi Barkindo, the Secretary General of OPEC (Organization of the Petroleum Exporting Countries), at the International Energy Agency (IEA) headquarters in Paris, France. During the meeting, Dr. Birol thanked Mr. Barkindo for his efforts in recent years to foster frank and open dialog between energy producers and consumers, in the interests of greater oil market stability. OPEC Secretary General visits IEA Executive Director...

New IEA report lays out recommendations to speed up technology development and overcome high costs of drastically reducing emissions from steel and cement production. G7 economies are well placed to be first movers on driving down carbon dioxide emissions from heavy industry, setting out a path for the rest of the world for this essential part of the transition to clean energy systems, according to a new report from the International Energy Agency. Achieving Net Zero Heavy Industry Sectors in...

Volta Trucks, the disruptive full-electric commercial vehicle manufacturer and services provider, has confirmed the selection of Carrier Transicold as the sole supplier of refrigerated equipment for the full-electric 16-tonne Volta Zero. Carrier Transicold is a part of Carrier Global Corporation, the global provider of healthy, safe, sustainable, and intelligent building and cold chain solutions. The supply agreement follows a project in which Carrier Transicold engineers worked closely with th...

In 2021, Russia provided Germany with 55% of its natural gas imports, 35% of its oil imports and 50% of its hard coal imports. The war in Ukraine is causing a monumental shift in the country’s energy landscape, with increasing pressure to become independent of these fossil fuel imports. Gas is a key component for many industrial processes  – it keeps half of Germany’s 41.5 million households warm and accounted for 15.3% of German electricity generation last year...