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IBM introduces new wind and solar forecasting system for utilities; big data analytics and weather modeling to predict output

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IBM has developed an advanced power and weather modeling technology that will help utilities increase the reliability of renewable energy resources. The solution combines weather prediction and big data analytics to forecast accurately the availability of wind power and solar energy.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics. Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. Under a more “ideal” scenario, the association sees China’s new energy storage capacity installations rising 19% year-on-year to 41.2GW, the white paper found.

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AMSC Power Electronics Support Nearly 10% of Global Wind-Generated Electricity

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With nations around the world seeking to derive a greater percentage of their energy needs from renewable energy sources, we believe we have only begun to scratch the surface of the renewable energy grid interconnection market’s potential. AMSC’s Wind Turbine Engineering and Power Electronics. Global Wind Power Market.

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Pike Research says lack of technical standards could hinder utilities’ readiness for EVs; forecasts $5.1B in spending from 2010-2015 on EV IT systems

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While plug-in electric vehicles will not threaten the integrity of the power grid as a whole, they will have an immediate local impact on neighborhood distribution infrastructure. The Asia-Pacific region, led by China, will be the largest market by far for EV IT, Pike says. million in 2015, representing 24.5%

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