Remove Forecast Remove Power Grid Remove Renewable Remove Wind
article thumbnail

3 Oil Majors That Bet Big On Renewables

Green Car Congress

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Yet, its natural gas output will still comprise 85% of its total production by the end of the forecast period. 1 Equinor. 2 Total SA.

Oil 418
article thumbnail

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

Green Car Congress

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.

Wind 306
article thumbnail

Study finds GWP of electrolyzed hydrogen to meet ORD’s fuel needs would be 2.5x that of fossil fuels with 2020 grid mix

Green Car Congress

If only incremental increases in renewable energy resources are introduced across the grid, electrolytic hydrogen will not become an environmentally sustainable solution. He looked at three different resources that forecast the future composition of the US electrical power grid.

Grid 290
article thumbnail

Hydro-Québec and Sony forming JV to develop large-scale Li-ion energy storage system for power grids

Green Car Congress

Hydro-Québec and Sony Corporation will establish a joint venture to research and develop a large-scale energy storage system for power grids. Furthermore, the energy storage system for such power supplies must be highly safe and reliable due to the need for an efficient and stable source of high capacity power.

article thumbnail

UC Riverside study to evaluate best ways to achieve California’s 100% renewable energy target

Green Car Congress

Arun Raju, director of the Center for Renewable Natural Gas at UC Riverside, recently received a $146,000 grant from Southern California Gas Co. SoCalGas) to examine the proposed 100% Renewable Portfolio Standard (RPS) and explore options that can help achieve emission reduction goals more efficiently and at lower costs.

Renewable 186
article thumbnail

IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

Green Car Congress

The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit.

article thumbnail

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

Green Car Congress

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. —Weis et al.

Wind 286