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OUR GREAT MINDS
OUR GREAT MINDS
The behavioural and economic ramifications of COVID-19 will permanently reduce global energy demand, according to DNV GL’s newly published Energy Transition Outlook. Compared to the pre-pandemic forecast, energy demand will be lowered 6-8% each year to the middle of the century. COVID-19 has prompted major behavioural shifts important to energy consumption, as demonstrated by reduction […]
The past year has been an unprecedented time, with COVID-19 having an immediate and significant impact on all aspects of the energy sector. Despite the dramatic consequences COVID-19 is having on the global economy, Lux Research predicts the energy transition will be accelerated by several years. Trillions of dollars are expected to flow through economic […]
It’s history in the making as Neste opens Finland’s first low-emission service station in the Tuusula Housing Fair 2020 area. Climate-friendly solutions have been used in the construction, operations and product range of the station. The first of it’s kind, the station features a Neste Easy Deli self-service store, OmaPosti kiosk, Neste MY Renewable Diesel™ and fast […]
The technology group Wärtsilä is finalising a 70MW energy storage and energy management system project in the California Independent System Operator (CAISO) energy market. The energy storage system will be paired with Wärtsilä GEMS platform to maximise system efficiencies and will add renewable power to the grid at times when it otherwise wouldn’t be available. The […]
As the conversation in Canada shifts from immediate relief to economic recovery, new questions will arise: what does recovery look like, and how do we design stimulus that delivers secure jobs in a cleaner, innovative and diverse economy? Done right, the federal government’s stimulus and recovery efforts can create jobs, spur cleantech innovation, encourage economic […]
Renewable energy relies on oil and gas for its very existence. There is no renewable energy on the planet that has been built without the use of oil and gas. Think construction of a wind farm ….and how that energy product requires trucks, cars, transport and clearly gas in tanks to build it. Think aviation […]
More than 18% of global electricity generation capacity comes from hydropower plants, and represents over 16% of the world’s power generation. According to leading data and analytics company GlobalData, the global hydropower power market is likely to grow at a Compound Annual Growth Rate (CAGR) of 2.4% until 2030, reaching over 165 gigawatts (GW) of […]
Memorial University is establishing a new Harsh Environment Research Facility (HERF) to strengthen the region’s infrastructure and expertise in technologies operating in harsh environments, such as the ocean, energy, shipping, and aerospace sectors. The HERF will be a new world-class R&D facility for large-scale testing, research and development that is vital to the Canadian economy […]
“Today’s announcement is an investment in the future of Saskatchewan and all our children. DEEP’s project has the potential to transform how the province and the country produce energy while creating good, middle-class jobs for Canadians. This is another example of how we’re taking action to fight climate change today while strengthening our communities for […]
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