Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 344

Posts Tagged ‘energy’

Advanced Energy to Host Investor Conference

Posted by fidest press agency su sabato, 7 dicembre 2019

Advanced Energy Industries, Inc. (NASDAQ: AEIS), a global leader in highly engineered, precision power conversion, measurement and control solutions, announced today that the Company will be hosting an investor conference on Monday, December 16, 2019, in New York City. Presentations will be given by Yuval Wasserman, president and CEO, Paul Oldham, executive vice president and CFO, and other senior executives of the Company.At the event, management will discuss Advanced Energy’s expanded market opportunities, strategies to outgrow our markets and to accelerate earnings growth, an in-depth review of the company’s Advanced Power and Embedded Power products, and additional details on the acquisition of Artesyn Embedded Power and related synergies.The event will begin at 1:00pm ET.
Advanced Energy (Nasdaq: AEIS) is a global leader in the design and manufacturing of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. AE’s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial, manufacturing, telecommunications, data center computing and healthcare. With engineering know-how and responsive service and support around the globe, the company builds collaborative partnerships to meet technology advances, propel growth for its customers and innovate the future of power. Advanced Energy has devoted more than three decades to perfecting power for its global customers and is headquartered in Fort Collins, Colorado, USA. For more information, visit

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The EU will not reach 2050 climate neutrality without raising its energy and climate targets

Posted by fidest press agency su mercoledì, 16 ottobre 2019

Members adopted the opinion ‘Sustainable Europe by 2030, follow-up to the UN Sustainable Development Goals: ecological transition and the Paris Agreement on Climate Change’. The opinion focuses on the ‘planet’ pillar of the UN’s 2030 Agenda – the goals linked to the ecological and climate transition. Members stress the urgent need to ‘localise’ SDGs including the definition of local and regional objectives, milestones and progress indicators in addition to deploying adequate resources.Rapporteur Sirpa Hertell (FI/EPP), city councillor of Espoo, said: “We can achieve the Sustainable Development Goals only if the EU and national levels work together with cities and regions. It is us who can transform these goals locally through sustainable projects. This is what we have done successfully in my city of Espoo.” It is estimated that 65% of the 169 targets underlying the 17 SDGs will not be reached without the engagement of local and regional governments (OECD).As requisites to achieve the SDGs, members request full policy coherence and effective multi-level governance – which formally includes LRAs in planning, implementation, monitoring, reporting and verification at the EU and global levels. Ending subsidies on fossil fuels and strong market-based incentives for multiplying clean investments are a must, members agree. During the new mandate 2019-20124, the CoR seeks to deepen cooperation with the European Parliament’s Intergroup on Climate Change, Biodiversity and Sustainable Development and EP competent committees to accelerate the implementation of SDGs locally.
The CoR calls on Member States to further involve local and regional authorities in the definition and future implementation of their NECPs as stipulated in the Regulation on the governance of the energy union and climate action. In addition, the EU’s Assembly of cities and regions proposes to create and coordinate, jointly with the European Commission, a permanent platform that brings together Member States’ representatives, local and regional authorities and CoR members as to improve cooperation and coherence towards reaching the EU’s 2030 climate and energy objectives and climate neutrality by 2050.Members adopted an opinion on ‘Implementing the Paris Agreement through innovative and sustainable energy transition at regional and local level’. Rapporteur Witold Stepien (PL/EPP), Member of the Lódzkie Regional Assembly, said: “To implement the Paris climate accord and ambitious emission targets for climate protection, we need a just energy transition. For this to succeed, it is necessary to broadly involve regional and local authorities as they can most effectively put into practice and stimulate the initiatives and expectations of citizens and businesses.”The CoR recalls its demand to increase the EU’s 2030 target of reducing greenhouse gas emissions (GHG) from 40% to 50%, to raise the renewable energy target to 40% and to set more ambitious targets for energy efficiency as the only way to reach climate neutrality by 2050.Complementing the opinion of rapporteur Stepien, members adopted ‘The socio-economic transformation of Europe’s coal regions’ by Mark Speich (DE/EPP), Secretary of State for Federal, European and International Affairs from North Rhine Westphalia. Members agree on the need to deploy a dedicated fund to support coal regions’ economic transformation and alleviate the socio-economic difficulties that may result from it. While linked to cohesion policy governance, the specific fund should not be deducted from its current budget share, members agree.The clean energy transition in coal and energy-intense regions is a key aspect of Europe’s decarbonisation and a requisite to honour the EU’s commitments under the Paris climate agreement. Coal accounts for nearly a quarter of the total electricity production in the EU. It employs 240,000 people in mines and power plants across 41 regions and 12 EU countries (EC). Members unanimously adopted the opinion ‘Smart cities: new challenges for a just transition toward climate neutrality – how to implement the SDGs in real life’. Rapporteur Andries Gryffroy (BE/EA), member of the Flemish Parliament, said: “Cities and communities have an important role to play in the transition to a resource-efficient, climate-neutral and bio-diverse Europe. We need to create more and better opportunities to help and support local and regional actors in this evolution. A bottom-up approach, with smart actions evolving out of local cooperation will be necessary. This inclusivity is equally necessary to close the digital gap as to make sure that the weakest parties are not left behind in the transition towards a digital society.” The adopted opinion responds to a referral of Finland’s EU presidency.

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AI brings new energy to oil and gas

Posted by fidest press agency su mercoledì, 2 ottobre 2019

The Alberta Machine Intelligence Institute (Amii) and Imperial have announced a two-year agreement to collaborate on the development of Imperial’s in-house machine learning capabilities, which will enable a range of applied artificial intelligence (AI) projects. Through these projects, Imperial will work to develop more effective ways to recover oil and gas resources, reduce environmental impacts and improve the safety of its workforce.
“At Imperial, we are taking action to be a leader in advancing digital and AI technology across the value chain,” said John Whelan, Imperial’s senior vice-president, upstream. “Amii is not only a leader in the AI space globally, but based locally in Alberta. We believe the institute is a perfect partner to help us showcase Alberta’s leadership in technology and digital solutions for responsibly-produced oil and gas.” Working closely with Imperial, Amii will provide business guidance and scientific mentorship to build Imperial’s in-house machine intelligence capabilities and teams. Amii experts will help define and validate machine learning opportunities, provide assistance with applied projects and connections to the latest applicable AI research. The institute will also support Imperial in attracting and developing its technical teams with an emphasis on enhancing the skills of current employees.
“Imperial is an ideal member for our Amii Innovates program,” says John Shillington, President and CEO of Amii. “Not only do they have a strong commitment to driving innovation in the oil and gas sector, but they’re also focused on growing their internal AI capabilities and teams right here in Alberta.”

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Piper Jaffray Completes the Sale of the Midstream Energy

Posted by fidest press agency su martedì, 24 settembre 2019

Piper Jaffray Companies (NYSE: PJC) a leading investment bank and institutional securities firm, announced today it has completed its sale of the midstream energy asset management (MLP) business of Advisory Research Inc. to Tortoise Capital Advisors. Combining the Tortoise and Advisory Research midstream energy investment teams, two of the longest tenured in the midstream energy space, creates a “best-in-class” organization with a comprehensive suite of solutions for clients. “Tortoise has built an excellent investment management platform focused on essential assets. The midstream energy infrastructure team will bring unique perspectives that will create an even stronger and deeper combined team,” commented Deb Schoneman, president of Piper Jaffray.
Piper Jaffray Companies (NYSE: PJC) is a leading investment bank and institutional securities firm driven to help clients Realize the Power of Partnership®. Securities brokerage and investment banking services are offered in the U.S. through Piper Jaffray & Co., member SIPC and FINRA; in Europe through Piper Jaffray Ltd., authorized and regulated by the U.K. Financial Conduct Authority; and in Hong Kong through Piper Jaffray Hong Kong Limited, authorized and regulated by the Securities and Futures Commission. Asset management products and services are offered through five separate investment advisory affiliates.

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KBRA Assigns A- Rating to Wind Energy Transmission Texas

Posted by fidest press agency su lunedì, 9 settembre 2019

Kroll Bond Rating Agency (KBRA) assigns a A- rating to the 3.67% Senior Secured Notes Due 2034 (the “Notes”) issued by Wind Energy Transmission Texas, LLC (“WETT”) for an original principal amount of $490 million.The A- rating on the Notes reflects our view of the Project’s strengths, as follows:Supportive Regulatory Environment: Transmission and distribution utilities under the jurisdiction of the PUCT in ERCOT benefit from the timely recovery of incurred investments and expenses, allowing for stable and predictable cash flows.
Barriers to Entry for Competitors: Texas is well ahead of the 2025 target installed renewable capacity of 10,000 MW; there is currently approximately 21,000 MW of wind in the system and interconnect requests are high. While this is the case, there is a lengthy and rigorous process to be approved to develop a transmission system despite a need for more installed transmission capacity.
Low Business Risk: WETT is a transmission-only utility which limits the business and operating risk of the project. WETT’s budgeted operations and maintenance expenses are similar to those of other transmission assets; there is minimal maintenance capital expenditures expected during the life of the Notes. WETT has been able to successfully operate the project without any material unplanned outages or disruptions since achieving COD.
Proven Technology: The technology used in both the transmission lines and in the substations is well-known and proven. Given the age of the assets, there is low operating risk and the maintenance expenditures in the near term are not significant.

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Carbon-Neutral and Secure Energy Future

Posted by fidest press agency su lunedì, 26 agosto 2019

The United Nations Climate Change Agreement and movements such as Fridays for Future are putting pressure on politicians, companies and research institutions to develop sustainable energy solutions. For the past 25 years, INNIO, a pioneer in combined heat and power, and the LEC in Graz have been researching and developing visionary technologies for sustainable power generation and the transport industry. The combustion of so-called e-fuels, i.e. regenerative fuels like hydrogen and hydrogen carrier gases such as synthetic natural gas, methanol or ammonia, is being tested or further optimized. The aims of the research are to develop technologies capable of making drastic carbon dioxide (CO2) reductions and to build gas engines that are virtually emissions free.
As part of the COMET-K1 research program, the State of Tyrol is providing €2.4 million in funding for technology development including the areas of sustainable power generation and transportation systems. “By subsidizing this research cooperation, we are further advancing our goal of freeing Tyrol from its dependence on fossil fuels by 2050. We are also better positioning ourselves as an attractive business and science location as well as an international partner for research, development and innovation,” said Patrizia Zoller-Frischauf, Tyrolean Minister of Economic Affairs, at a technology forum held today at INNIO’s corporate headquarters in Jenbach.“We are already using regenerative fuels such as hydrogen in our Jenbacher gas engines. In cooperation with the LEC, we are further developing this technology and plan to demonstrate by 2021 that a Jenbacher gas engine can run on up to 100% hydrogen or methanol,” underscored Carlos Lange, President & CEO of INNIO. “INNIO will continue to make significant investments in research and development and will further expand its technological leadership in power generation based on regenerative gases. In specific, hydrogen and hydrogen carrier gases produced from surplus energy such as wind or solar power, which are storable for a longer period of time.”

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Studio “3-D Maximum Power Point Searching and Tracking for Ultra Low Power RF Energy Harvesters”

Posted by fidest press agency su sabato, 27 luglio 2019

Parma. Importante riconoscimento alla conferenza internazionale SMACD 2019 (International Conference on Synthesis, Modeling, Analysis and Simulation Methods and Applications to Circuit Design) per Michele Caselli, neo-dottore di ricerca in Tecnologie dell’Informazione all’Università di Parma, e Andrea Boni, docente di Elettronica al Dipartimento di Ingegneria e Architettura.Nel corso dell’appuntamento, che si è svolto nei giorni scorsi a Losanna, il loro contributo scientifico, “3-D Maximum Power Point Searching and Tracking for Ultra Low Power RF Energy Harvesters”, è stato giudicato il migliore articolo sulle tematiche di “Power/Energy Management and Efficient Power Solutions”.L’articolo si concentra sullo studio di circuiti elettronici integrati per il recupero di energia dall’”inquinamento” elettromagnetico a radiofrequenza (RF Harvesting).
Per mezzo di questa tecnica è possibile ottenere dall’ambiente l’energia necessaria per alimentare sensori autonomi connessi in rete per applicazioni Internet of Things (IoT).
L’articolo presentato propone una soluzione innovativa per gestire la notevole variabilità del campo elettromagnetico nel tempo e nello spazio come sorgente di energia. Il sistema proposto ricerca periodicamente la configurazione ottimale per ricavare il massimo di energia possibile dall’ambiente.Il lavoro, che costituisce una parte del progetto di tesi di dottorato di Michele Caselli, è stato realizzato con il supporto di STMicroelectronics, che ha firmato un accordo di collaborazione di ricerca con l’Università di Parma.

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Al via la partnership tra on Energy consulting e Fast group

Posted by fidest press agency su venerdì, 26 luglio 2019

Nell’ottica di rappresentare sempre di più un punto di riferimento fiduciario per i propri clienti e nell’ottica dell’ampliamento del proprio portfolio di servizi, On Energy Consulting ha siglato una partnership con Fast Group integrando due nuove Business Unit, ovvero le telecomunicazioni e la consulenza strategica e operativa in ambito finance & manageriale per sostenere le Imprese ad ottenere incentivi fiscali (Innovazione, Ricerca & Sviluppo – Industry 4.0) e supportarle in processi d’innovazione e Digital Transformation.
L’intento di On Energy Consulting è di creare un compendio ai servizi già offerti per l’intermediazione delle forniture di gas ed energia elettrica, con quelli afferenti le telecomunicazioni, asset altrettanto strategico, arrivando così ad esprimere sempre meglio il ruolo di azienda Multiutility, che oggi più che mai è importante per molte imprese, soprattutto quelle di medie e grandi dimensioni. L’azienda ha lavorato a lungo per costruire una solida e reale partnership con un Internet Provider specializzato e soprattutto “a misura di azienda”, ovvero con un rapporto sempre diretto, schietto e trasparente con i propri clienti, a differenza dei grandi operatori, fatti di call center e di lunghe attese. Un altro aspetto importante riguarda la consulenza alle imprese; tre parole chiave: Finanziare – Pianificare – Innovare. “Attraverso progetti di innovazione e Ricerca & Sviluppo – aggiunge Gandino – supportiamo le aziende nel valorizzare gli investimenti passati e futuri, ottenendo un generoso credito d’imposta, così come supportiamo lo sviluppo tramite Industria 4.0 ed altri strumenti a sostegno delle imprese e della competitività”.

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Almirall revalidates its excellence in occupational health and safety, environment and energy management

Posted by fidest press agency su giovedì, 4 luglio 2019

Almirall, S.A. (ALM) has achieved several important international accreditations after an external audit of its integrated corporate management system for occupational health and safety, environment and energy, developed by up to seven auditors from TÜV Rheinland, which carried out field inspections during twelve days at the company’s headquarters in Barcelona, its R&D Centre in Sant Feliu de Llobregat and its chemical and pharmaceutical plants in Sant Andreu de la Barca (Barcelona, Spain).
As a consequence of the audit results, the leading global pharmaceutical company has become one of the first in achieving two of the latest standardized international accreditations, both in its sector and in the whole business network: ISO 45001:2018, for occupational health and safety, and ISO 50001:2018, for energy management.
On the other hand, after obtaining the ISO 14001:2015 adaptation’s certificate in 2018, TÜV Rheinland’s auditors have revalidated the company’s environmental management effectivity. ISO 14001:2015 is the latest actualization of the standard ISO 140001, that Almirall reached in 2004 and is renewed periodically since then.
The process of continuous improvement is consubstantial to quality and excellence, so that the accreditations given by the International Organization for Standardization (ISO) collect a broad set of cross-cutting policies, processes and activities that must be implemented in its entirety as part of an integrated management system, and when all this set of initiatives is properly applied, it is possible to quantify significant improvements in a series of predetermined indicators.In the case of occupational health and safety management, Almirall has implemented an occupational risk prevention system that has allowed to achieve a low accident rate, significantly lower than the average for the pharmaceutical sector, both in Almirall headquarters and in its subsidiary Spanish centers. In addition, 16% of the hours of training that the company offers its employees are dedicated to the promotion of occupational health and safety, and wellbeing.On the other hand, the environmental management system has allowed the company to achieve a reduction in the emission of greenhouse gases by 38% between 2014 and 2018, considering the purchase of renewable energies; to reduce the waste by 7% in its chemical plants in 2018, and to reduce the use of methylene chloride by 61% since 2013.

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Time to eradicate energy poverty in Europe

Posted by fidest press agency su martedì, 2 luglio 2019

Around 11% of the EU population – 54 million Europeans, is affected by energy poverty. Yet, most EU countries still do not identify or quantify vulnerable energy consumers, and do not adequately target energy poverty measures.Highly concerned by energy poverty, the European Committee of the Regions has unanimously adopted the opinion ‘Multilevel governance and cross-sectoral cooperation to fight energy poverty’. It includes a series of proposals amongst which to develop further the European definition of energy poverty, targeted investments in energy efficiency, a revision of the single market that delivers low energy prices for households and time framed targets to end energy poverty.Rapporteur Kata Tüttő (HU/PES), Representative of Local Government of District 12 of Budapest, said: “Today over 50 million Europeans are forced to choose between heating and eating, living their lives in energy poverty. This has serious effects on the health and wellbeing of people and we know that women are more severely affected by it. The right to clean and affordable energy, which is also part of the 17 Sustainable Development Goals, should be guaranteed to every European citizen. By leveraging investments in energy efficiency to renovate Europe’s building stock and by setting up specific social protection schemes and a properly functioning and competitive single market that delivers low energy prices for consumers, the EU will bring direct benefits and show its added value to citizens. A just energy and climate transition that does not leave anyone behind must start by eradicating energy poverty.” Basic energy prices for household consumers cannot be left to market self-regulation, Members agree. In order to limit excessive energy costs, cities and regions urge the EU to put into place legal frameworks providing Member States and local and regional authorities with the right tools to ensure affordable energy for all. In this sense, the CoR also echoes a call from the European Parliament on the European Commission to provide further guidance on when Member States are allowed to intervene in the market to avoid a ‘significant number of households’ being affected by energy poverty.Local leaders propose a moratorium on the termination or suspension of basic energy services for those citizens’ failing to pay.Cities and regions urge Member States to transpose into national laws the updated Energy Performance of Buildings Directive (EPBD) by March 2020 at the latest. The new EPBD entered into force on 9 July 2018. It includes measures that will accelerate the rate of building renovation towards more energy efficient systems and strengthen the energy performance of new buildings.Yet, members recall that the renewed EPBD should be complemented with additional targets and investments to renovate Europe’s building stock without which efforts to eradicate energy poverty will be insufficient.Adequate warmth, cooling, lighting and the energy to power appliances are essential services needed to guarantee a decent standard of living and citizens’ health. Energy poverty occurs when a household suffers from a lack of adequate energy services in the home (EC).Local leaders want to see the Energy Poverty Observatory lifespan extended so to continue collecting and evaluating data as a key input for improving policies to eradicate energy poverty. Two thirds of Member States are not yet monitoring the development of energy poverty using quantitative metrics, members recall.

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KBRA Releases Research – KBRA Zooms in on Canadian Energy

Posted by fidest press agency su venerdì, 24 Mag 2019

Kroll Bond Rating Agency (KBRA) releases a new report focusing on Canadian Energy. As KBRA expands our energy sector coverage, we would be remiss if we overlooked what is taking place in Canada. In the KBRA Zooms in on Canadian Energy report, we highlight our credit views on a sample portfolio of 60 Canadian energy producers and discusses policy decisions by the sovereign and sub-sovereign governments that have an impact on the sector. The report also provides an overview of the dynamics underway in Canada’s oil sector in regard to pricing, supply, and exports. On balance, KBRA leans toward being constructive on the sector over the long term as infrastructure shortfalls are more likely to be addressed. Our view on the sector considers the improving performance of the model portfolio of Canadian energy corporates over the last two years as well as the policy environment, which may turn out to be the fulcrum that rebalances Canada’s energy story toward a more positive direction. This commentary builds on KBRA’s emphasis on bringing together viewpoints and expertise from across the company, in this case Sovereigns and Corporates, in order to maximize analytical depth.
KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.

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Miami Valley Seniors Receive Energy Leadership Scholarships at the Ohio Youth Energy Celebration

Posted by fidest press agency su venerdì, 10 Mag 2019

As part of the Youth Energy Celebration, hosted by Ohio Energy Project (OEP), Dayton Power and Light (DP&L) and Vectren Energy Delivery of Ohio (Vectren), a CenterPoint Energy Company, awarded Energy Leadership Scholarships to three high school seniors planning for careers in energy.The recognition event was held at The Columbus Zoo and Aquarium, where three local area students were presented the 2019 DP&L and Vectren Leadership Scholarship. Chloe Spencer of West Liberty-Salem High School, Erin Tebbe of Twin Valley High School and Alexander House of Oakwood High School will each receive $1,000 towards their college expenses.
Chloe Spencer plans to attend the University of Toledo majoring in chemical engineering. Erin Tebbe is heading to Purdue University to study engineering. Alexander House will major in aerospace engineering at the University of Cincinnati.Each year, DP&L teams up with Vectren to host the OEP Energy Fair teaching young people about energy efficiency through hands-on sessions that allow high school students to mentor their younger counterparts. These companies generously provide funding for the curriculum, training and materials that promote energy literacy and leadership for students and their families each year.DP&L was also recognized by OEP for its long-standing partnership and contributions to the program. The award celebrates a 30-year milestone of continued support and participation in the program.In addition, DP&L has sponsored the Be E3 Smart energy efficiency program since 2009. As a result, more than 50,000 energy efficiency kits have been sent home through the classroom. DP&L is supporting the AEGIS Energy Bike building program for the fifth year.
Two area teachers were honored with the Excellence in Energy Efficiency award. Jovita Wade, an intervention specialist at Fairborn High School, received the DP&L Teacher Award and Heidi Edwards, a science educator from Oakwood High School in Dayton, received the Vectren Teacher Award. Both award recipients have participated in OEP programs for several years, tailoring their curriculums to foster the next generation of energy leaders and conservation thinkers.

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Energy efficiency and renewable energy development – the main requirements for sustainable energy development

Posted by fidest press agency su giovedì, 25 aprile 2019

Universal access to affordable, reliable, sustainable and modern energy is one of the 17 global goals of the UN 2030 agenda for sustainable development. One of the VIII Global Energy Prize Summit`s round tables, held at the Karlsruhe Institute of Technology (KIT), Germany, was devoted to the discussion of the requirements for achieving this goal. Representatives of the energy sector from 6 countries identified the economic, environmental, social aspects of the energy goal of the 2030-agenda, as well as the role of international energy cooperation.
In recent years, the proportion of the world’s population with access to electricity has increased from 78% to 87%, thanks to recent progress in electrification, especially in economically backward countries. However, nearly one billion people worldwide still have no access to electricity. Given that energy demand continues to grow, it will require significant investment in infrastructure, systemic integration and strong political action. In this scenario, the share of renewables in the global energy mix will be 50% by 2035 and carbon emissions due to the decrease in demand for coal will be reduced, says Marta Bonifert, Member of the Global Energy Prize International Award Committee, Board Member of the Hungarian Business Leaders Forum (HBLF), Environment and Sustainability WS Leader. She also added that the key to success in achieving the UN goals is the joint work of all state and non-state actors. “We need visionary transformational leaders, as well as leadership from government, science, politics, business and society, to lead this process. The Global Energy Prize is a vivid example of this and a real accelerator of change”. For 17 years, it has played a crucial role in the field of energy, showing the world of scientists whose innovative developments are transformative, expand the boundaries of science and open up new opportunities for humanity,” the expert concluded.
The importance of abandoning hydrocarbon sources for sustainable energy development was stressed by David Faiman, Member of the Global Energy Prize International Award Committee, Professor Emeritus of Ben-Gurion University of the Negev. According to him, solar and wind power plants can suspend the construction of new CHP. Thus, 348 billion kW of electricity generated annually by fossil-fuel power plants can be replaced by the construction of 232 GW of new photovoltaic power plants and 199 GW of wind generators. The construction of new power plants can be achieved through the sale of bonds. Such a power plant could generate more revenue per year and cover the cost of construction of the next one. According to the expert, it is necessary to increase the generation of energy from solar and wind power stations by 3-5 times to achieve the sustainable development goals, but this requires political will and concerted actions of various states. David Faiman`s idea about the future weakening influence of traditional energy sources was supported by William Byun, Member of the Global Energy Prize International Award Committee, Managing Director at Asia Renewables, Head of Greenpower fuels and Principal at Conchubar Infrastructure Fund. According to him, global investment in coal-fired power plants will decline, but demand for electricity, especially in developing countries, will continue to grow and increase by 30% by 2035. Therefore, it is necessary to rapidly increase RES, and public and corporate investments in research and development can contribute to this process.The massive development of renewable energy sources is indispensable condition for achieving the seventh sustainable development goal – was accepted by all participants in the discussion. And most often, the advantages of using solar and wind energy were cited as an example. However, Tom Blees, Member of the Global Energy Prize International Award Committee, President of the Science Council for Global Initiatives (SCGI), believes that solar and wind energy is not enough to cover the growing demand for electricity. “Wind and solar power plants require areas equal to South America to provide environmentally friendly electricity to every citizen of the Earth”, he said. The expert is convinced that nuclear energy is the key to achieving sustainable energy development. Among the promising options for nuclear installations, he highlights the low-pressure thorium reactors on molten salts. According to the project, such installations can be located on ships and transported to regions in need of electricity. Thus, they can become available sources of energy, especially for developing countries that do not have the means to build their own nuclear facilities. As a result, it will improve the quality of life of their citizens and raise production.Summing up the discussion, the experts made a conclusion that with the increase in the population, the need for clean energy will only grow. To meet the demand for electricity, it is necessary to increase the share of renewable energy in the global energy mix, improve energy efficiency, increase investment in clean energy sources, and all these measures should be taken into account the socio-economic aspects of a region. At the same time, states must show the political will to achieve a single solution that is environmentally and economically effective as well as socially just. (font: Global Energy Prize Public Relations)

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The energy of the new technological cycle requires large-scale investments and decisive political action

Posted by fidest press agency su giovedì, 18 aprile 2019

Currently existing technologies for clean power requiring carbon capture and storage increase the cost of electricity by about 60%. New low-cost power systems based on oxy-fuel supercritical CO₂ will be commercially available in the mid-2020s. The so-called “Allam cycle” provides an opportunity not only to produce energy without harmful atmospheric emissions, but also has the additional advantage of low cost for electricity generation (6 cents per kilowatt).Sergey Alekseenko, the 2018 Global Energy Prize laureate, Head of the heat and mass transfer laboratory of the Institute for Thermophysics of the RAS Siberian Branch, underlined the importance of the development of environmentally friendly and efficient technologies to process fossil fuels. In particular, combined-cycle plants and advanced coal processing are the most important steps towards the decarbonization of energy. Although fossil fuels will remain a priority energy source for resource-rich countries Alekseenko stated the world energy mix will radically change due to the development of renewable energy sources (RES), which will start to dominate the global energy balance after 2050. Geothermal energy, and more specifically –petrothermal systems– ( based on hot dry rocks found from 3 to 10 km beneath the surface with temperatures up to 350°C) are the most promising procedures of generating alternative energy, Alekseenko highlighted. In contrast to the variability of sun and wind energy, “Petrothermal energy is on-demand and does not require any energy storage solutions. However, solar and wind energy will likely remain the predominant part of the global energy mix in the future. Therefore the development of renewable energy sources must be accompanied by the creation of efficient energy storage systems,” the scientist mentioned. Further elaborating on the imperative transition to renewable energy sources, Xiansheng Sun, Member of the Global Energy Prize International Award Committee and Secretary General of the International Energy Forum, stated that countries are trying to find an even balance between economic development and the solution of a variety of environmental issues. However, natural disasters caused by climate change are drivers that redirect counties’ development strategies. In pursuit of viable, sustainable energy markets, both corporations and developed countries are turning to new technologies, such as carbon capture, storage and utilization systems, big data analytics, automation, robotics, electric cars and smart grids.
Participants of the Summit concluded that the main challenge for the development of energy in the new technological cycle lies in the hands of political decision makers. While the leading scientists in the field are confident that efficient, environmentally friendly and economically viable technologies are available to provide holistic solutions that were previously impossible, politicians are called upon to take the necessary hard decisions today.

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NGL Energy Partners LP to Attend Mizuho Energy Summit

Posted by fidest press agency su lunedì, 1 aprile 2019

NGL Energy Partners LP (NYSE:NGL) announced today that it will attend the 3rd Annual Mizuho Energy Summit in Napa, California on April 1– 2, 2019. Members of NGL’s management team will be participating in a series of one-on-one meetings with members of the investment community at the conference.NGL’s slide presentation referenced at the Conference will be available on NGL’s website at on the “Presentations” sub-tab under the “Investor Relations” section on Monday, April 1, 2019.
NGL Energy Partners LP is a Delaware limited partnership. NGL owns and operates a vertically integrated energy business with four primary businesses: water solutions, crude oil logistics, NGL logistics and refined products/renewables. For further information, visit the Partnership’s website at

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Energy: Platinum Power Resumes Normal Activity

Posted by fidest press agency su martedì, 26 marzo 2019

The president of the Commercial Court of Casablanca ruled today in favor of Omar Belmamoun, CEO of Platinum Power. The company will not be put in bankruptcy. As such, the judge dismissed the US shareholder Michael Toporek. The request has therefore been closed.
The chief executive officer of Platinum Power has indeed presented the necessary guarantees required by the president of the court in order to definitively eliminate the risk of dissolution.”We have made every effort to ensure that the shareholder conflict does not impact the company and its activities. This work has been achieved thanks to the implementation of a new unified governance, “said Omar Belmamoun, CEO of Platinum Power.This decision marks the end of a period of uncertainty. The General Meeting held on February 5, 2019, marked the continuation of the activities of the company and also appointed a new board of directors. Omar Belmamoun has been reappointed CEO of Platinum Power with the mission of restoring the social situation of the company with regard to strategic projects on which it is engaged in Africa.”Our main objective during this period of turmoil was to preserve the company and sustain African projects on which we are committed,” said Omar Belmamoun.Belmamoun added: “We are indeed fully aware that Platinum Power is a national flagship in the field of renewable energy and more specifically the hydroelectric sector. Our responsibility goes beyond Platinum Power because we have a duty to carry the Moroccan flag in this sector at the continental level and we will do everything to live up to this mission. “Platinum Power is therefore in a new dynamic that will now be supported by a strong desire to put the company in a cycle of growth and the continued development of its strategic projects both in Moroccan and sub-Saharan markets.

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CyrusOne Moves London Sites to 100% Renewable Energy

Posted by fidest press agency su domenica, 17 marzo 2019

CyrusOne (NASDAQ: CONE), a premier global data center REIT, has announced that its London I and London II data centre facilities are now running on a 100% renewable energy tariff, a move which the company says will transfer energy annual usage equivalent to 52,000 households to zero-emissions sources.Comprising a combined 23MW of IT power, both CyrusOne’s London I data centre in Slough and its London II facility in Prologis Park, Stockley, are now served by Hudson Energy, an independent provider of electricity and gas to businesses across the UK. CyrusOne has also confirmed that all new London data centre inventory, including the recently announced 9MW London III facility in Stockley Park, will run off renewable energy.In addition to the reduction in carbon emissions, CyrusOne customers will benefit from reduced unit costs as a result of the highly competitive rates secured through the procurement process and exemptions from the Climate Change Levy.“As large energy users in the UK, the data centre industry is in a strong position to effect change in terms of how green energy is priced and made available,” said Tesh Durvasula, President – Europe, CyrusOne.“Traditionally, green energy tariffs have been priced at a premium, but as more users demand their energy from renewable sources, the rates we can negotiate are decreasing rapidly. We continue to explore ways to maximise the efficiency and resource usage in our data centres so that we can pass those benefits along to our customers.”The move to an all-green energy tariff is the latest in a wave of innovations championed by CyrusOne to deliver highly efficient and sustainable data center infrastructure to its customers globally.More broadly across the company, water conservation has been a significant factor in how CyrusOne designs and builds new data centres. In the US, for example, CyrusOne’s hyperscale, purpose-built data centres use an air-cooled chiller technology with an integrated compressor and condenser that cool the closed loop of water. Filling the pipe with water just a single time is the only water consumption with the permanent water supply provided by a single tanker truck.

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“Austria Renewable Energy Policy Handbook 2019”

Posted by fidest press agency su mercoledì, 27 febbraio 2019

It is among the latest country specific policy report that offers comprehensive information on major policies governing renewable energy market in the country.The report provides the current and future renewable energy targets and plans along with the present policy framework, giving a fair idea of overall growth potential of the renewable energy industry. The report also provides major technology specific policies and incentives provided in the country.The report is built using data and information sourced from industry associations, government websites and statutory bodies. The information is also sourced through other secondary research sources such as industry and trade magazines.
The report covers policy measures and incentives used by Austria to promote renewable energy.The report details promotional measures in Austria both for the overall renewable energy industry and for specific renewable energy technologies that have potential in the country.

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Energy Impact Partners Invests Big in Palmetto Clean Technology

Posted by fidest press agency su martedì, 19 febbraio 2019

Energy Impact Partners (EIP), the leading utility-backed energy investment and innovation firm, today announced that it has provided up to $20 million in financing facilities to Palmetto Clean Technology, a platform technology & fulfillment company focused on the distribution and democratization of clean energy products.This announcement comes on the heels of Palmetto’s last capital raise in the fall, of $6 million. The round was led by Greycroft, with participation from Lerer Hippeau, Box Group, and NBA commissioner emeritus David Stern.“We continue to see opportunities in both the direct-to-consumer and cleantech sector. Palmetto offers a similar business-to-business-to-consumer platform that provides homeowners a seamless way to go solar and save money while doing so,” said Alan Patricof, Founder of Greycroft.“For the everyday consumer to focus on the renewable energy initiative is at an all-time high right now,” said former NBA Commissioner, David Stern.
EIP invested in Palmetto via their Energy Impact Credit Fund (EICF), the company’s credit platform. The financing will be used to expand Palmetto’s North American presence, increase staffing and develop programs to drive sales.

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Willdan Awarded New SoCalGas Schools Energy Efficiency Program

Posted by fidest press agency su giovedì, 13 dicembre 2018

Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has been selected by Southern California Gas Company (SoCalGas) to implement the utility’s new Schools Energy Efficiency Program (SEEP). This $2.7 million direct install program promotes natural gas savings by delivering no-cost energy-efficiency projects and education to participating public and private schools throughout SoCalGas’ service territory. Willdan will implement approximately 350 energy audits and facility upgrades with the goal to deliver nearly 2,000,000 annual therms savings to eligible pre-schools, K-12 schools, private colleges or universities, and trade schools.“SEEP will make natural-gas-saving upgrades more accessible and provide valuable energy efficiency information to our school customers,” said Dan Rendler, director of customer programs and assistance at SoCalGas. “Making energy upgrades can reduce their energy consumption significantly and keep their utility bills affordable.”“We have served educational facilities since 1986 and have delivered energy savings to over 950 schools in Southern California alone,” said Tom Brisbin, Willdan’s CEO and Chairman. “SoCalGas’ SEEP expands our offerings to existing and new school customers, providing more comprehensive savings from the same trusted team.”Following an energy site audit, Willdan will administer gas savings measures by installing appropriate upgrades at the schools, such as energy efficient aerators, low-flow pre-rinse spray valves, and thermostats, with minimal classroom disruptions. The company will also validate energy and cost savings.Willdan currently delivers programs for other major Southern California investor-owned utilities that focus on energy savings for K-12 schools and higher education institutions.

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