ThinkGeoEnergy
AUGUST 29, 2023
Between 2021 and 2022, the global weighted average levelized cost of electricity (LCOE) of ten newly commissioned geothermal projects fell by 22% to USD 0.056 kWh. This statistic was reported by the International Renewable Energy Agency (IRENA) in their newly published document, “Renewable Power Generation Costs in 2022.”
Smart Energy International
JANUARY 24, 2024
The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year.
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Smart Energy International
AUGUST 29, 2022
When the electric grid is under strain, many electric utilities use the load shedding technique to lower demand and balance it with energy production. The idea is to turn off the power supply to certain areas on a cyclical basis, for example, two hours ON, then two hours OFF. The actual power gap now exceeds 8GW.
Envirotec Magazine
MARCH 14, 2024
Actuators are a vital component in a wide range of systems used in water, energy and other industries. Today’s electric actuators can be remotely controlled, and receive commands to open or close from industrial control systems like SCADA or DCS. But what exactly is an actuator? What does it do?
Renewable Energy World
MAY 28, 2021
DISTRIBUTECH International, the leading annual transmission and distribution event, is pleased to announce its Host Utility Oncor, as well as partnerships with the California Energy Storage Alliance (CESA), Forth, Smart Energy Consumer Collaborative (SECC) and Vehicle-Grid Integration Council (VGIC), for its 2022 event taking place Jan.
EDF + Business
MARCH 28, 2023
Decreased Renewables Cost: Levelized Cost of Electricity (LCOE) to project sponsors is expected to decrease by 40-60%, which will likely result in cost reductions for commercial electricity users. Notes: PTC stands for Production Tax Credit. ITC stands for investment tax credit. Sources: Deloitte Analysis, H.R.5376
Planet Pulse
AUGUST 8, 2023
The black line represents the average measurement for that particular day of the year throughout the previous 7 years (2016-2022) and the gray area captures the range of measurements throughout the time period. Drinking water, agriculture, wildfire sensitivity, hydropower production, and aquatic recreation are all under threat.
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