Tag archives for Renewables
Analyzing the Impact of the Solar Eclipse on European Power Markets with ZEMA
Solar energy is an important source of power generation in the modern world, and its absence can be equally critical for the power markets. On March 20, 2015, a solar eclipse in Europe profoundly impacted regional power markets. The continent underwent an absence of a major portion of its sunlight from 8:30 to 11 a.m., ...
CAISO Dealing with Renewable Generation: Staying Competitive with More Data
The ever-evolving deregulated power markets in North America are certainly keeping market participants on their toes. As data volumes and publication frequencies increase, so does the risk of making misinformed business decisions. With the growing influence of environmental regulations on the power markets, along with advancements in electrical grid technologies, market players must stay on ...
California ISO Unveils Roadmap for Electric Vehicle-Grid Integration
Californians love their cars and have a reputation for being environmentally conscious, so it is no surprise that the state leads the nation in green vehicle purchases. According to the Detroit News, roughly 50,000 electric vehicles (EVs) were sold in the U.S. in 2012. California accounted for just under one-third of those sales. In 2013, ...
Renewable Energy’s Impact on Traditional European Utilities
Europe is the driving force for renewable energy development worldwide; however, other parts of the world are quickly emulating and developing their own renewable energy industries.
According to ThinkProgress.org, Germany is evolving to replace fossil fuels with renewables faster than most European countries. Ever since the Fukushima catastrophe, Germans have intensified their efforts to phase ...
Is Pumped Energy Storage the Future of Renewable Energy?
The interconnected network that delivers electricity from producers to consumers, known as the “electric grid,” is facing new changes. Mandatory renewable energy targets are being adopted worldwide, meaning electricity suppliers are required to obtain a specific percentage of their total electricity from intermittent renewable energy sources. Wherever intermittent power sources reach high levels of ...
Natural Gas As A Bridge Fuel to Renewables
From controversy surrounding fracking to global production growth, natural gas continues to make headlines as it rises in the global energy mix. With many claiming natural gas as the ‘cleanest’ fossil fuel (The Guardian), recent debates examine the potential role of natural gas as the transition or ‘bridge’ fuel towards building the renewable industry ...
Embarking On A Middle Eastern Renewable Energy Revolution
For a lot of people, the Middle East is known for being one of the world's largest suppliers of oil. However often we don't realize that it is also one of the world's biggest consumers of oil.
It’s a well-known fact that energy consumption in most regions worldwide is growing. However according to the Energy ...
Is Solar Power at a Crossroads?
At the IHS CERAWeek energy conference in Houston last week, BP CEO Robert Dudley made it clear that his company was exiting the solar business. BP has invested billions of dollars over several decades into solar research but has indicated that it hasn’t yielded much of a return.
Dudley did however mention that this didn’t discount ...