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Empowering India’s Energy Revolution with AI and Prosumers

AutoGrid

With a power grid that has been notoriously unreliable in the past, India’s goal to transform formerly passive consumers into prosumers would seem an uphill battle. The stakes are particularly high because India is the world’s third largest energy consumer.

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HSBC pledges to cut off coal financing by 2040 following investor pressure

Business Green

Banking giant commits to ending support for coal by 2040 after reaching compromise with shareholders. The board-backed proposal commits the bank to phasing out all project finance, corporate finance, and underwriting of coal-fired power and thermal coal mining by 2030 in the EU and OECD, and by 2040 globally.

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Managing power grid complexity: The 5 biggest priorities for utilities in 2024

Smart Energy International

In today’s distributed energy system, managing power grid complexity is challenging. But grid operators are often handling these changes with an ageing infrastructure that wasn’t built with a distributed energy system in mind. The energy transition is reshaping utilities’ business model.

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Iberdrola Plans to Take Top Spot in US Offshore Wind (and Keep It)

GreenTechMedia

Iberdrola, among the world's largest wind power generators, plans to streamroll its way through the coronavirus crisis, with CEO Ignacio Galán announcing plans this month to increase investment in renewables projects and continue adding jobs as soon as the public health crisis is over. The company is hiring dozens of new U.S.

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Global Briefing: Coronavirus crisis will have 'negligible' impact on emissions without green recovery, study warns

Business Green

All the green business news from around the world this week. A new report published in the journal Scientific Reports has warned that extreme droughts are set to become much more frequent across central Europe in the coming decades as climate impacts escalate. Study: Global lockdowns likely to curb temperatures by just 0.01C by 2030.

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A fat load of good? Sourcing feedstocks for aviation biofuels looks not-so-simple

Envirotec Magazine

Envirotec writes Many are betting on sustainable aviation fuels (SAF) as the pathway to meeting ambitious net zero targets in the sector, with 2040 and 2050 being oft-cited deadlines. An analysis by Stratas Advisors has predicted that in Europe the demand for biofuels based on animal fat will grow from 1.4 tonnes from 2021 to 2030.

Aviation 100
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COP27: Unshackling the demand for renewables

Business Green

Powers, vice president for global cleantech and renewables at Schneider Electric, who explores how public-private sector collaboration can help unshackle the surging demand for renewable energy. Most of Europe and roughly half of the United States is deregulated. Interview with John D. I was really impressed.

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