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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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The solution combines weather prediction and big data analytics to forecast accurately the availability of wind power and solar energy. By utilizing local weather forecasts, HyRef can predict the performance of each individual wind turbine and estimate the amount of generated renewable energy.

Wind 306
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5

Wind 220
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Harvard team finds large-scale US wind power would cause warming that would take roughly a century to offset

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All large-scale energy systems have environmental impacts, and the ability to compare the impacts of renewable energy sources is an important step in planning a future without coal or gas power. In the journal Joule , Harvard researchers report the most accurate modelling yet of how increasing wind power would affect climate.

Wind 315
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EIA expects increased US crude oil production, with continued high petroleum prices in 2022

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The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 A high level of uncertainty remains in our outlooks, but we have consistently forecast that elevated crude oil prices would help drive record-level annual US oil production levels in 2023. million barrels per day this year and 12.8

Oil 344
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US shift toward wind and solar will cut coal, make EVs cleaner

Green Car Reports

Increased use of renewable energy will help reduce electricity generation from coal and natural gas power plants, according to the U.S. The EIA forecasts that wind and solar will together account for 16% of total electricity generation in 2023, up from 14% in 2022 and 8% in 2018.

Cleaner 176
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CMU researchers find controlled charging of PHEVs can cut cost of integration into electricity system by 54-73%; higher benefits with wind power

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The magnitude of these savings is ~5% to 15% higher in a system with 20% wind penetration compared to a system with no wind power, and the savings are 50–60% higher in a system that requires capacity expansion. Controlled charging can also take advantage of the high levels of wind generation that commonly occur at night in the US.

Wind 286
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EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

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World use of petroleum and other liquid fuels grows from 87 million barrels per day in 2010 to 97 million barrels per day in 2020 and 115 million barrels per day in 2040, according to the forecast. Almost 80% of the projected increase in renewable electricity generation is fueled by hydropower and wind power.

2010 317