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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. This will enable utilities to integrate more renewable energy into the power grid, the company says. This project builds upon another IBM smarter analytics initiative at Denmark’s Vestas Wind Systems.

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DOE awards up to $47M each to 3 offshore wind projects

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The Energy Department selected three offshore wind demonstrations to receive up to $47 million each over the next four years to deploy innovative, grid-connected systems in federal and state waters by 2017. Principle Power will install five 6-megawatt direct-drive wind turbines approximately 18 miles off the coast of Coos Bay, Oregon.

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EPRI Analysis estimates costs of fully developing US smart grid could reach $476B; benefits up to $2T

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Total Smart Grid costs. The Electric Power Research Institute (EPRI) has released a broad assessment of the costs and benefits to modernize the US electricity system and deploy the smart grid. The analysis updates EPRI’s 2004 EPRI assessment, which estimated the cost of implementing a smart grid at $165 billion.

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Viking Grace LNG ferry to install rotor sail; first LNG/wind electric propulsion hybrid ship

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a provider of low- maintenance, software-operated, and data-verified auxiliary wind propulsion systems, signed an agreement with Finnish shipping company Viking Line to install its Rotor Sail Solution onboard the M/S Viking Grace , an LNG-fueled cruise ferry. Norsepower Oy Ltd., Earlier post.).

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DOE awarding $35M to 11 projects for hydrokinetic turbine development; ARPA-E SHARKS

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Hydrokinetic energy is an abundant renewable resource that can boost grid resiliency and reduce infrastructure vulnerability, but it is currently a cost prohibitive option compared to other energy generating sources. These methodologies will significantly decrease the levelized cost of energy (LCOE) of the final HKT design.

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Self-Generation Nation – Solar Sales Soar Amid Escalating Energy Costs

My Energi

Self-Generation Nation – Solar Sales Soar Amid Escalating Energy Costs. In 2021 alone, wholesale costs soared by upwards of 250%. Well, when it comes to self-generated energy generation, PV is a reliable and efficient solution with a realistic payback time and minimal maintenance requirements. But why solar?

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Wallbox introduces Quasar 2 next-generation bidirectional home charger at CES 2022

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As well as enabling EV owners to charge and discharge their electric vehicle to power their home or the grid, Wallbox’s latest innovation is designed to give EV drivers the ability to isolate their home from the grid and use their EV for backup power during a blackout. —Douglas Alfaro, General Manager of Wallbox North America.

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