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Things That Can Impact Power Pricing

The Environmental Blog

Several things can have an impact on power pricing. The cost of fuel is the most significant factor affecting your electricity rates. If natural gas prices increase, your electricity rates will rise. Prices also pass through changes in generation power costs.

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Most innovative energy start-ups recognised in German awards

Envirotec Magazine

Fifteen start-ups deemed to have the most innovative business models in the field of energy transition and climate protection were celebrated at an award ceremony in Berlin on 28 March – recipients of The Start Up Energy Transition Award (SET Award) administered in part by the German Energy Agency ( dena ).

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Volvo CE investing in electric wheel loaders

Charged

Volvo Construction Equipment (Volvo CE) reports that, as part of its efforts to become fossil-free by 2040, it is investing SEK65 million, or about $6.3 million, in the production of electric wheel loaders at its plant in Arvika, Sweden. Source: Volvo

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Electric tanker ship to be powered by a 3.5 MWh battery pack

Charged

Cargo ships, powered by heavy fuel oil with a high sulfur content, are some of the largest and most polluting vehicles on the planet, so electrifying them could be very cost-effective in terms of reducing air pollution. Last year, a consortium of Japanese companies announced a collaboration to develop an all-electric oil tanker.

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New 30MW tidal energy project unveiled in Orkney

Envirotec Magazine

Tidal energy firm Orbital Marine Power (Orbital) has been awarded an Option Agreement from Crown Estate Scotland for a new tidal energy project in the Westray Firth. We’re proud to be building that vision in Orkney with this investment in our Westray Project.”

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Should California Link Electricity Bills to Customer Incomes?

GreenTechMedia

California already has some of the highest electricity rates in the country. Those costs could rise even faster over the next decade, as utilities harden their grids against wildfires, grow their share of net-metered rooftop solar, and add other costs being passed through to utility customers.

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Smart Energy Finances: SparkMeter funding, Elia in the US and AI assisting investments

Smart Energy International

Honeywell invests in Sparkmeter SparkMeter, a provider of grid management services, equipment and software solutions across Africa, Asia and the Americas, has secured a strategic $5 million investment and global partnership with Honeywell Smart Energy, a utility digital solution provider. stake in energyRe Giga Projects.