Energy Management Systems

Each 1.8 GW of new gas generation capacity could be replaced by 1.7 GW of solar as part of a cleaner, 6.3 GW collection of renewables and energy storage facilities–and that alternative already comes in cheaper than the business-as-usual approach, according to the Carbon Tracker thinktank.

Scientists in Germany have estimated that roof and facade PV systems can cover almost 40% of the total requirements of a standard office building, assuming that no battery storage is installed.

Electricity system operator National Grid is planning for a fully decarbonized power network in five years. Following a power outage last year, the operator has taken a pioneering role in finding solutions to the issues of running a grid using only power-electronics-interfaced resources. One key aspect of grid stability, inertia, can be detected using an ultracapacitor.

IHS Markit released a white paper in which the analyst outfit shared some predictions for the power electronics market. First and foremost, inverters will become smarter, and after some power outages in key markets, these devices are gearing up to take on more grid stabilizing tasks, which hitherto had been reserved for synchronous generators.

The Italian energy business plans to spend €70 billion on clean energy this decade and also announced plans to invest in e-mobility and grid flexibility, in concert with outside investors.

The electronics brand has announced plans for a virtual power plant aggregator JV with German specialist Next Kraftwerke ahead of the opening up of the control reserve market in Japan in April – and the planned switch from clean energy FITs to feed-in premium, top-up payments a year later.

Analysts at Mercom Capital Group have tallied up corporate funding, venture capital and debt and public market investment for battery storage, smart grids and energy efficiency companies. From a financial perspective, the industry appears resilient to the Covid-19 crisis and ready to grow further.

The advance of PV has been lauded by the International Energy Agency as it launched the latest edition of a flagship World Energy Outlook 2020 report overshadowed by the Covid-19 crisis and uncertainty over how long the economic recovery could take.

The power electronics company is offering a product which can work on and off the grid and enables the charging of dead batteries using a rooftop solar array.

With a flurry of recent announcements, the newly-launched power division of the electronics giant plans to drive hydrogen mobility in Germany and enter the commercial and industrial power market in the US.