ps

US tops global soft power ranking

The US has the world’s strongest soft power, while China and Russia are rising in influence, according to a recent ranking from Brand Finance.






ps

Dublin tops European HQ location rankings

The UK is the top country, but Dublin is leading city, for foreign companies setting up headquarters in Europe, according to fDi’s ranking.




ps

Group effort helps The Fresh Market stay local

Financial incentives from two different cities persuaded US grocery chain The Fresh Market to stay headquartered in its home state of North Carolina.




ps

Kyrgyzstan ramps up efforts to improve image

Kyrgyzstan is trying to stabilise a volatile business environment by diversifying its economy away from gold and remittances, and employing an ombudsman to reassure investors. 




ps

How venture capital helps start-ups expand globally

Venture capital funding has reached record levels in recent years, enabling start-ups to expand across borders – but their ability to do this depends on their type of business, and where they are founded.




ps

Wrocław tops fDi's 2020 Return on Investment ranking

Poland’s Wrocław has turned in a stellar performance in fDi’s Return on Investment study, landing the city the top slot in the Return on Budget and Return on Personnel Investment categories. 




ps

Sweden's EV boom under threat as electricity demand outstrips capacity

Sweden’s ambitious plan to drastically cut emissions from transport by bringing millions of electric cars onto the road could be derailed by a lack of power capacity for new charging stations in major cities.




ps

Giant offshore wind farm takes further steps toward construction in New Jersey

Last week, the New Jersey Board of Public Utilities announced it selected Ocean Wind, an offshore wind energy project proposed by Ørsted with support from PSEG, to develop an 1,100 MW offshore wind farm. Ocean Wind will be located 15 miles off the coast of Atlantic City. Construction is expected to commence in the early 2020s, with the wind farm operational in 2024.




ps

China drops electricity subsidy price for offshore wind power

China’s National Development and Reform Commission (the NDRC) issued a Circular on Policies of Improving the Electricity Price for On-Grid Wind Power (the Circular) at the end of May 2019. According to the Circular, the price of electricity from offshore wind power projects is cut to 0.8 yuan per kWh [US $0.12 per kWh] in 2019 and will further drop to 0.75 yuan [US $0.11] per kWh in 2020.




ps

VPPs with smart inverters offer crucial flexibility to the changing grid

Energy generation and consumption is rapidly transforming into a decentralized, decarbonized, and digitized model due to a number of market forces. The declining costs of solar energy systems, as well as the increasing price of energy from the grid has led to grid parity. This has caused PV proliferation to accelerate to such an extent that in the past five years alone, PV installed capacity has increased by 300%. Simultaneously, the EV market is also on the rise and is expected to reach the electrification tipping point by 2030. This is due to support from governments trying to limit the effects of climate change, thus leading to automotive manufactures transitioning their fleets from standard petrol- and diesel-powered cars to EVs. As a result of the acceleration of both of these markets, EV charging has created demand patterns causing an even steeper and faster ramp-up in the evenings than the PV duck curve. , This is causing the grid’s balancing act to be increasingly complex. In order to support this new energy dynamic, advanced management software is required to ensure grid stabilization and to unlock the value of these energy resources.





ps

In battle to break up utilities, Arizona steps to the front line

Of all the efforts to break up utility monopolies in the U.S., the one unfolding in Arizona may be the most important to watch.




ps

Fifth GE wind turbine collapse leaves worker injured

A utility worker at the Delta 6 wind park in Brazil has been injured following yet another collapse of a General Electric (GE) turbine, bringing the total number of turbines to have failed in the America’s to five in 2019.

 




ps

New Hampshire considers options for buying renewable energy for state

New Hampshire is preparing to follow the lead of other New England states and create a system for procuring renewable energy on behalf of residents.




ps

U.S. solar market tops 10 GW in 2018, again

For the third year in a row, the U.S. solar industry installed double-digit gigawatts (GW) of solar PV capacity, with 10.6 GW coming online in 2018, according to the latest statistics from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA).




ps

Enel joins Boston’s Greentown Labs to scout for clean energy startups

This week, Enel S.p.A. announced the opening of its newest Innovation Hub in Boston at Greentown Labs, the largest cleantech startup incubator in the United States. The Hub will provide Enel, one of the world’s leading power companies, access to Greentown Labs’ startup community and innovation expertise.




ps

EESI to help rural co-ops and public power entities ‘ACE’ clean energy upgrades

Yesterday, the Environmental and Energy Study Institute (EESI) announced the launch of the Access Clean Energy Savings (ACES) initiative. ACES provides technical assistance to help rural electric cooperatives and public power utilities apply for the U.S. Department of Agriculture’s (USDA) Rural Electric Savings Program (RESP), which provides zero-interest 20-year loans for improving energy efficiency.




ps

In battle to break up utilities, Arizona steps to the front line

Of all the efforts to break up utility monopolies in the U.S., the one unfolding in Arizona may be the most important to watch.




ps

A Key to the Future: Utilities’ Vital Role in Widespread Adoption of Geothermal Heat Pumps

Utilities are a natural partner for the geothermal heat pump (GHP) industry. Why? Because utilities have a broad consumer base and infrastructure, and need to both build load (sales) and levelize that demand to make the most efficient use of their electrical generation capacity throughout the year.  GHPs are a technology that fills that niche.




ps

New DERMS Partnership Helps Utilities Use Residential Batteries as Virtual Power Plants

This week Autogrid announced that it entered into a partnership with Swell Energy to provide software for managing Swell’s growing fleet of distributed energy resources (DER).




ps

Global Clean Energy Spending Dips in 2018 But Installations Rise on Lower Prices

Global funding for clean-energy projects sagged in 2018 after China’s decision to curb subsidies dragged down installations in the world’s biggest solar market.




ps

Renewable, energy efficiency groups mount united front vs. Trump budget

Trump's proposed budget severely cuts the EPA and DOE's efficiency and renewables offices, but allocates funding for R&D, clean coal and advanced nuclear.




ps

Innovative arrangement produces renewable natural gas and helps Monarch Butterflies

Today, Smithfield Foods and Roeslein Alternative Energy (RAE) announced that they have formed a joint venture called Monarch Bioenergy to produce renewable natural gas (RNG) across Smithfield’s hog farms in Missouri.




ps

EESI to help rural co-ops and public power entities ‘ACE’ clean energy upgrades

Yesterday, the Environmental and Energy Study Institute (EESI) announced the launch of the Access Clean Energy Savings (ACES) initiative. ACES provides technical assistance to help rural electric cooperatives and public power utilities apply for the U.S. Department of Agriculture’s (USDA) Rural Electric Savings Program (RESP), which provides zero-interest 20-year loans for improving energy efficiency.




ps

UPS bets on renewable gas from landfills in largest deal ever

United Parcel Service Inc. has agreed to buy the equivalent of 170 million gallons of renewable natural gas from Clean Energy Fuels Corp. over the next seven years in what the company described as the biggest-ever deal involving the alternative fuel.




ps

Sweden's EV boom under threat as electricity demand outstrips capacity

Sweden’s ambitious plan to drastically cut emissions from transport by bringing millions of electric cars onto the road could be derailed by a lack of power capacity for new charging stations in major cities.




ps

Cistri helps shape the cities and communities of Asia

Australian urban planning and design and economics consultancy Cistri is using its evidence-based insights to help Asian developers design and plan urban communities that enhance quality of life.




ps

Clean Energy Spending Drops 15 Percent to Reach Lowest Level Since 2013

Global investment in clean energy slumped 15 percent in the first quarter to the lowest level in two years because of a decline in wind and utility-scale projects.




ps

Memorandum calls for $1.2 billion in hydropower plant repairs in Corps' Nashville District

The U.S. Army Corps of Engineers has signed a memorandum agreement with the Southeastern Power Administration, Tennessee Valley Authority and Tennessee Valley Public Power Association, Inc., to perform a variety of work at Corps hydropower projects.




ps

New Hampshire considers options for buying renewable energy for state

New Hampshire is preparing to follow the lead of other New England states and create a system for procuring renewable energy on behalf of residents.




ps

Renewable, energy efficiency groups mount united front vs. Trump budget

Trump's proposed budget severely cuts the EPA and DOE's efficiency and renewables offices, but allocates funding for R&D, clean coal and advanced nuclear.




ps

NEC helps develop three energy storage sites in China

Through its exclusive distributor in China, Puxing Energy, NEC developed two 9-MW battery facilities providing frequency regulation for the Hang-Jin and Feng-Run power plants located in Ordos City, Neimongol Province and Tanshan City.




ps

SEPA helps demystify transactive energy in new report

This week the Smart Electric Power Alliance (SEPA) released a report that is says will help utilities and other industry stakeholders understand and prepare for the grid of the future




ps

APS battery energy storage facility explosion injures four firefighters; industry investigates

Last Friday evening in Surprise, Arizona a storage facility owned by Arizona Public Service (APS) exploded, injuring four firefighters. Reporter for azfamily.com, Maria Hechanova, visited the scene yesterday and reported that the explosion happened while four hazmat firefighters from Peoria were working to extinguish a battery fire at the facility.




ps

Enel joins Boston’s Greentown Labs to scout for clean energy startups

This week, Enel S.p.A. announced the opening of its newest Innovation Hub in Boston at Greentown Labs, the largest cleantech startup incubator in the United States. The Hub will provide Enel, one of the world’s leading power companies, access to Greentown Labs’ startup community and innovation expertise.




ps

EESI to help rural co-ops and public power entities ‘ACE’ clean energy upgrades

Yesterday, the Environmental and Energy Study Institute (EESI) announced the launch of the Access Clean Energy Savings (ACES) initiative. ACES provides technical assistance to help rural electric cooperatives and public power utilities apply for the U.S. Department of Agriculture’s (USDA) Rural Electric Savings Program (RESP), which provides zero-interest 20-year loans for improving energy efficiency.




ps

Microgrid with long-duration flow battery installed at U.S. Marine Corps Base Camp Pendleton

This week energy storage maker ESS Inc said that it had deployed an Energy Warehouse (EW) long-duration flow battery system at Marine Corps Base Camp Pendleton in San Diego, California.




ps

UPS bets on renewable gas from landfills in largest deal ever

United Parcel Service Inc. has agreed to buy the equivalent of 170 million gallons of renewable natural gas from Clean Energy Fuels Corp. over the next seven years in what the company described as the biggest-ever deal involving the alternative fuel.




ps

Sweden's EV boom under threat as electricity demand outstrips capacity

Sweden’s ambitious plan to drastically cut emissions from transport by bringing millions of electric cars onto the road could be derailed by a lack of power capacity for new charging stations in major cities.




ps

VPPs with smart inverters offer crucial flexibility to the changing grid

Energy generation and consumption is rapidly transforming into a decentralized, decarbonized, and digitized model due to a number of market forces. The declining costs of solar energy systems, as well as the increasing price of energy from the grid has led to grid parity. This has caused PV proliferation to accelerate to such an extent that in the past five years alone, PV installed capacity has increased by 300%. Simultaneously, the EV market is also on the rise and is expected to reach the electrification tipping point by 2030. This is due to support from governments trying to limit the effects of climate change, thus leading to automotive manufactures transitioning their fleets from standard petrol- and diesel-powered cars to EVs. As a result of the acceleration of both of these markets, EV charging has created demand patterns causing an even steeper and faster ramp-up in the evenings than the PV duck curve. , This is causing the grid’s balancing act to be increasingly complex. In order to support this new energy dynamic, advanced management software is required to ensure grid stabilization and to unlock the value of these energy resources.




ps

Sweet Science: Researcher Develops Energy-dense Sugar Battery

A Virginia Tech research team has developed a battery that runs on sugar and has an unmatched energy density, a development that could replace conventional batteries with ones that are cheaper, refillable, and biodegradable.




ps

Tesla’s Musk Keeps Door Open to Future Electric Vehicle Projects with Toyota

Tesla Motors Inc.’s Elon Musk said the electric-car maker may form another partnership with Toyota Motor Corp., as the companies conclude an initial vehicle project that met with mixed results.





ps

German Fossil Fuel Giant Jumps on Renewables Bandwagon

Germany’s biggest utility E.ON — long a pillar of the country’s fossil fuel and nuclear industry — dropped a bombshell on Europe’s business world with the announcement that the multinational was exiting the conventional energy market in favor of a new business model based on renewables, intelligent grid systems, energy management and other services. Indeed, the company seems finally to have drawn the logical consequences from the Energiewende, Germany’s renewable energy transition, after years of resisting the ambitious transformation of the nation’s energy supply.





ps

Clean Energy Spending Drops 15 Percent to Reach Lowest Level Since 2013

Global investment in clean energy slumped 15 percent in the first quarter to the lowest level in two years because of a decline in wind and utility-scale projects.




ps

Saskatchewan River Weir Hydroelectric Initiative Enters Next Steps After Council Vote

City councilors want to learn more about a potential multi-million dollar hydroelectric project at the South Saskatchewan River Weir in Saskatoon, a city in central Saskatchewan, Canada.  




ps

Korea extends warm welcome to Australian startups

Korea’s thriving startup ecosystem offers rich opportunities for Australian entrepreneurs to develop and grow their business in one of the world’s most technologically advanced nations.



  • 2019 Latest from Austrade