A new software platform in Germany lets utilities buy and sell “regional electricity” by connecting up small producers with consumers. Start-up Lumenaza, founded three years ago, meets a growing demand for transparency, explains CEO and founder Christian Chudoba in an exclusive interview with Energy Post. Unlike a typical virtual power plant, Lumenaza targets tiny producers such as owners of rooftop solar. Its goal is to connect up all of … [Read more...]
Tesla Gigafactory 1 – will it succeed or fail?
The success or failure of the Tesla Gigafactory, which opened in July in Nevada could have far-reaching consequences for the transition to renewables and electric cars. Stephen J. Veneruso attended the opening and took a good hard look at the people involved in this huge project. He concludes that they don’t regard it as an ordinary job. Article courtesy of Cleantechnica.com. … [Read more...]
The hydrogen economy is much nearer than we think Â
For over 30 years promoters of green energy have proclaimed the hydrogen economy is around the corner. Now this could finally become true. While some energy experts claim that hydrogen from renewable energy is prohibitively expensive, companies like ITM in the UK are proving in the market that this technology is already competitive. They produce hydrogen for use in cars and in the form of power-to-gas to be used in the gas network. Energy … [Read more...]
American way of financing energy efficiency projects could lead to breakthrough in Europe
A retrofit project of the National Health Service (NHS) in the UK is the first in Europe to sign up to a new energy efficiency accreditation scheme, imported from the United States. This Investor Ready Energy Efficiency (IREE) certification gives investors and financial institutions guarantees that a project is environmentally and financially sound. It could pave the way for a huge expansion of energy efficiency projects across Europe: “the IREE … [Read more...]
How solar growth will wreck the economics of existing power markets
Continued solar growth could lead to significant decreases in wholesale electricity prices during most peak hours, writes Alex Gilbert, cofounder of US-based energy research platform Spark Library, in an article analysing the effects of solar power on electricity markets. While lower wholesale prices can impact solar’s growth they will also hurt other energy sources, particularly coal and nuclear but also natural gas and energy efficiency. … [Read more...]
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