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Comment: The Energy sector will continue to thrive through HPC, even as Moore’s Law comes to an end

Envirotec Magazine

High-Performance Computing (HPC), has become critical in assisting the energy sector, offering the capability to analyse complex data, simulate intricate processes, and optimise operations. It is now well recognised that Moore’s Law is nearing its end. McKinsey estimates that global power consumption will triple by 2050.

Law 310
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The POWER Interview: Pomega Energy Storage Manufacturing Takes Shape in U.S.

POWER Magazine

The Inflation Reduction Act (IRA), signed into law just more than a one year ago, improves the economics for battery energy storage projects in the U.S. Standalone storage projects are […] The post The POWER Interview: Pomega Energy Storage Manufacturing Takes Shape in U.S. appeared first on POWER Magazine.

Law 84
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High Court agrees to hear legal challenge over Gove’s green homes ‘roadblock’

Envirotec Magazine

Good Law Project is supporting Rights Community Action to take Michael Gove’s levelling up department to the High Court. The claimant, Rights Community Action, is challenging the written ministerial statement, published in December 2023, which limits councils setting higher energy efficiency standards for new housing schemes.

Law 147
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Co-location of energy could significantly cut the cost of expanding renewables ??????

Envirotec Magazine

A new report from Cornwall Insight and national law firm Weightmans on the co-location of energy assets, entitled “ Co-location, co-location, co-location” , has laid out the significant cost savings of using one grid connection for multiple renewable generation or storage assets.

Energy 276
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Environmental Justice: What It Is and Why It’s Important to Power Projects

POWER Magazine

Department of Energy (DOE) defines environmental justice as: “The fair treatment and meaningful involvement of all people, regardless of race, color, national origin, or income, with respect to […] The post Environmental Justice: What It Is and Why It’s Important to Power Projects appeared first on POWER Magazine.

Energy 118
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Drill dominion: First ever CfDs awarded for geothermal energy

Envirotec Magazine

The first Contracts for Difference (CfD) have been awarded for geothermal energy in what seems to be a major milestone for home-grown power and heat in the UK. GEL is targeting 25 MWe of baseload electricity and 100 MWh of heat energy across its geothermal portfolio by 2028, enough heat and power for 70,000 homes.

Energy 147
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The Energy Act 2023: What it is, what it means and when it will take effect

Envirotec Magazine

Eleni Diamantopoulou is Practice Development Lawyer (Energy) at Womble Bond Dickinson. Eleni Diamantopoulou writes The Energy Act 2023 (the Act) is finally here. By putting in place the enabling primary legislation that bridges legal gaps, creates new laws, or brings clarity to existing laws.