Remove Forecast Remove Renewable Remove Wind
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

BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

Green Car Congress

BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy. Chart: BloombergNEF.

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

IRENA sees renewable hydrogen at least cost-possible within decade

Green Car Congress

Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA). For that, today’s manufacturing capacity of less than 1 GW would have to massively grow beyond 100 GW in the next 10 to 15 years.

Hydrogen 482
article thumbnail

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

Green Car Congress

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 BNEF sees $1.3

Wind 220
article thumbnail

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

Green Car Congress

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
article thumbnail

Wärtsilä report finds accelerated adoption of renewables can reduce electricity production costs by up to 50%

Green Car Congress

The Front-Loading Net Zero report states that electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned. Utilities should keep repeating steps 1 - 3 until their systems run on 80 – 90% renewables.

Renewable 399