The power generation sector is one of the important industrial sectors which contribute to the increasing carbon foot print. When it comes to power generation, the trend is shifting from non-renewable sources of energy such as coal and crude oil toward more clean and renewable sources such as wind and solar power and many others… Continue reading A renaissance in the clean energy space
Tag: Energy and Power
Digital Simulation as a panacea for the Utilities Industry
In this generation, most of the utilities are under increasing pressure for quality, reliability and security and the equivalent cost of the power that they supply to their valued customers. Real time digital simulators are an intrinsic tool for utilities in this volatile environment. Through these Digital Twins or replicas, utilities’ companies can run simulations… Continue reading Digital Simulation as a panacea for the Utilities Industry
The Future lies in Predictive for the Energy & Utilities Industry
The oil and gas industry has always been volatile, but with the recent decline in oil prices and cuts in spending, companies are exploring new vistas to improve efficiencies, performance, safety and take risk mitigation measures, at the same time optimize production. In the Utilities Industry as well, dynamic fordecasting & load management, operational efficiency… Continue reading The Future lies in Predictive for the Energy & Utilities Industry
NextEra Expands its Reach to Southern U.S.
NextEra Energy on 3rd Jan 2019 completed its $5.75 billion acquisition of Gulf Power. NextEra paid USD 4.35 billion in cash and assumed USD 1.4 billion in debt to acquire Gulf Power, according to a filing with the U.S. Securities and Exchange Commission. NextEra already owns Florida Power & Light, the state’s largest utility with… Continue reading NextEra Expands its Reach to Southern U.S.
Unleashing the Power of the Satellites for Enhanced Grid Efficiencies
On 17th December 2018, India Energy Storage Alliance (IESA) and European Space Agency (ESA) jointly announced that they are studying the feasibility and the commercial viability of using data from satellites for the monitoring of power grids and for supporting the development and management of microgrids and utility operations. Potential areas of opportunity identified include… Continue reading Unleashing the Power of the Satellites for Enhanced Grid Efficiencies