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Smart grids vital to green energy drive

Smart Energy International

The global energy landscape is on the cusp of transformational changes as the migration to clean power gathers pace. With world leaders about to gather in Dubai, United Arab Emirates for the COP 28 climate summit, the transition to green energy will be one of the key topics on the agenda.

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Reaching COP28 energy goals requires real VPP progress in 2024

Smart Energy International

Power grids globally must be upgraded by 2040 to keep the lights on. And while these upgrades will likely cost trillions, virtual power plants (VPPs), writes Autogrid’s Gisela Glandt , can curb these costs to the tune of $10B annually. Have you read?

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New York?s Energy Transition (and Challenges) in 5 Charts

GreenTechMedia

Grid operators around the world are unusually busy these days, but few have quite as much on their minds as NYISO, the independent system operator that manages New York state's bulk power system and wholesale energy market. percent in 2018, and hitting 100 percent zero-carbon emissions by 2040. Source: NYISO.

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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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Low carbon packages: FedEx pledges to deliver 'carbon neutrality' across its operations by 2040 with $2bn investment drive

Business Green

Package delivery giant and airline operator FedEx has announced it plans to achieve 'carbon neutrality' across its operations within the next 20 years through investments in electrification, sustainable fuels, energy efficiency, and carbon capture systems. FedEx CEO and chairman Frederick W. Knobloch, Jr.

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New Oregon Energy Policy Simulator Modeling Shows Major Benefits Of Accelerating Climate Policies

Energy Innovation

This week, Energy Innovation launched the Oregon Energy Policy Simulator (EPS) , our newest state-specific, open-source, peer-reviewed, and nonpartisan model that estimates the environmental, economic, and public health impacts of hundreds of climate and energy policies. Business As Usual Scenario. By Shelley Wenzel.

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