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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.
The California Energy Commission has awarded $398,662 to the University of California, Davis to develop a forecasting tool that can be used by the state’s grid operator to respond to sudden changes in wind power production.
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
Other elements of the note: BNEF cut the global solar demand forecast for 2020 from 121-152GW to 108-143GW. The exception is wind, where delivery and build schedules are tight and specialized equipment is rented for a limited time, BNEF says. Chart: BloombergNEF.
Extracting energy from the wind causes climatic impacts that are small compared to current projections of 21 st century warming, but large compared to the effect of reducing US electricity emissions to zero with solar. They find that large-scale wind power generation would warm the Continental United States 0.24 —David Keith.
The US Department of Energy is awarding more than $5 million to support US wind energy development. million to boost the speed and scale of midsize wind turbine technology development and deployment. million to boost the speed and scale of midsize wind turbine technology development and deployment.
Conditions in the atmosphere and the ocean favor a near-normal hurricane season in the Atlantic Basin this season, NOAA forecasts. lead seasonal hurricane forecaster at NOAA’s Climate Prediction Center. Based on the period 1981-2010, an average season produces 12 named storms with six hurricanes, including three major hurricanes.
In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. 2010 vs 2011 forecasts.
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
Boeing announced today that the final phase of wind tunnel testing, a major milestone in airplane development, will begin on the 737 MAX program next week. Wind tunnel testing is on the critical design path of the program. Earlier post.) The 737 MAX is a new engine variant building on the strengths of today’s Next-Generation 737.
Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). BNEF’s analysis suggests that cheaper batteries can be used in more and more applications.
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.
Aerospace and wind will duke it out for supremacy, while potentially high-volume automotive uses advance at a pedestrian pace. The trend in wind energy towards turbines blades more than 40 m long will open up new opportunities for CFRP where other composites can’t compete and will come sooner and faster in offshore wind than in onshore.
In a new report, Navigant Research forecasts that global vehicle-to-grid (V2G)-enabled plug-in electric vehicles (PEVs) servicing the ancillary services market will grow at a compound annual growth rate (CAGR) of 64.3% Globally, Navigant Research forecasts that frequency regulation revenue will reach $190.7 from 2013 to 2022.
The Colorado State University forecast team predicts an above-average 2010 Atlantic basin hurricane season based on the premise that El Niño conditions will dissipate by this summer and that anomalously warm tropical Atlantic sea surface temperatures will persist. Phil Klotzbach, lead forecaster on the CSU Hurricane Forecast Team.
In a new report , Pike Research forecasts that global sales of electric vehicle (EV) charging equipment (EVSE) will grow at a steady pace from 2012 to 2020 as the global market for plug-in electric vehicles (PEVs) grows. The EVSE market will rise from below 200,000 units sold in 2012 to almost 2.4
Roskill forecasts that demand for rare earth permanent magnets in EV drivetrains will increase by more than 17.5% Although Roskill expects that demand fell in 2020 as a result of the disruptions of the pandemic, the company is forecasting a strong reovery in demand in 2021, increasing by 10% y-on-y.
Researchers at Daimler AG and a colleague at Albstadt-Sigmaringen University have developed a new cost forecast model for hydrogen fuel cell stacks and Li-ion batteries using a two-factor experience curve approach. —Mayer et al. 2012.07.022.
The region is now forecasted to produce nearly 16.2 Capacity in the region is forecasted to grow from 15.4 Encouraging growth in Brazil during the first half of the year has dissipated, even as the Industrial Products Tax (IPI) holiday winds down in October. million units, with EU assembly forecast to 15.8 South America.
Demand growth of the 2020s will soon be dwarfed by the astronomical demand growth of the 2030s, according to a new forecast by Adamas Intelligence. over the same period, Adamas Intelligence forecasts that the value of global magnet rare earth oxide consumption will rise five-fold by 2030, from US $2.98 After growing at a CAGR of 6.4%
American Superconductor Corporation ( AMSC ), a global power technologies company, announced in conjunction with Global Wind Day 2010 on 15 June that it has achieved a significant milestone by supporting the production of more than 15,000 megawatts (MW) of wind power worldwide with its proprietary power electronic solutions.
Transition of flow to turbulence on a wind-turbine airfoil; isosurfaces of vorticity from a Large Eddy Simulation (LES). In a 2011 survey of techniques to reduce wind turbine blade noise, Sandia researcher Matthew Barone noted that: There are two primary classes of noise sources on a wind turbine. Credit: GE Global Research.
The applications, i.e. technologies, of particular concern as a result are electric vehicles, wind and solar energy, and lighting. kg/MW) was been used, along with forecasts of demand. For hybrid and electric vehicles, this highlighted the sensitivity of the results to widely different demand forecasts.
In its new rare earths market report with forecasts out to 2026, Roskill, a leader in international metals and minerals research, observes that the permanent magnet and catalyst sectors will continue to provide the largest markets for rare earths in the next ten years to 2026. Global NEV production could rise by 3.5-4.0
In markets like the US and the UK, direct purchase subsidies are already starting to wind down. The mini-forecast was part of “Transition in Energy, Transport – 10 Predictions for 2019”. Broader macroeconomic factors (higher interest rates and slowing consumer spending) will also impact global sales.
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. Increased use of renewable energy will help reduce electricity generation from coal and natural gas power plants, according to the U.S.
The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 mb/d in 2023, according to the forecast. mb/d this year, world oil demand is forecast to expand by 2.2 Runs are forecast to rise by 3.5 mb/d in 2023, surpassing pre-pandemic levels. mb/d in 2022 to 2.2 Following gains of 1.8 mb/d to 101.6
As government support for the sector winds down, demand from consumers and businesses will need to pick up the slack, or the industry faces the risk of oversupply. of the world’s fleet in 2015 will be driving at least part of the time on battery power only, according to the forecast. —Pike senior analyst John Gartner.
In its new Rare Earth Magnet Market Outlook to 2035 report, Adamas Intelligence forecasts that global demand for NdFeB magnets will increase at a CAGR of 8.6%, bolstered by double-digit growth from electric vehicle and wind power sectors. This will translate to comparable demand growth for the rare earths elements (i.e.,
Demand is being driven by several key trends including the proliferation of renewable energy from variable sources such as wind and solar, the expansion of utility smart grid initiatives, and the introduction of plug-in hybrid and electric vehicles, Pike says. Source: Pike Research. Click to enlarge.
Dubbed “Green Horizon”, the initiative sets out to surpass current global practices in three areas critical to China’s sustainable growth: air quality management; renewable energy forecasting; and energy optimization for industry. Renewable energy forecasting. Sample user interface from IBM''s Hyref energy forecasting system.
Navigant Research forecasts that the transportation segment, with hydrogen demand as a catalyst, will jump-start power-to-gas (P2G) demand and further drive down electrolyzer and other infrastructure costs.
The e-gas project consists of two main components: Audi is contributing to the construction of offshore North Sea wind turbines which will generate clean power,that is then fed into the public power grid. Wind turbines are the first significant component of the Audi e-gas project. This results in a completely closed CO 2 cycle.
Decreasing autumn and winter rainfall over southern Australia has been attributed to a 50-year decrease in the average intensity of storms in the region—a trend which is forecast to continue for another 50 years, according to The Commonwealth Scientific and Industrial Research Organization (CSIRO), Australia’s national science agency.
Powerful permanent magnets are necessary components of electric vehicle motors, wind turbines, efficient industrial motors, and many other modern technologies essential to the clean energy transition. With demand expected to triple by 2035, shortages and price increases are also forecasted. One of the top 5 global wind turbine OEMs.
million tonnes LCE will be needed by 2050 with energy storage making up two-thirds of battery demand by that date, due to the growth of renewable energy sources such as wind and solar. million tonnes of cumulative global production of lithium between 2015 and 2022, according to Benchmark’s Lithium Forecast. Annual production of 11.2
.: $1 million to use high-fidelity solar forecasting to predict load impacts on California’s electricity grid and reduce solar integration costs. Geysers Power Company: $3 million to investigate if geothermal plants could vary output to balance other intermittent renewable resources to increase the amounted of wind and solar used by the grid.
The US Energy Information Administration (EIA) forecasts that solar and wind will lead US power generation growth for the next two years in its latest Short-Term Energy Outlook.
A new report from Pike Research, Energy Storage Systems for Ancillary Services , forecasts that global investment in ancillary services systems for electric power will grow from $227 million in 2010 to $6.6 billion by 2019.
Further, according to Rystad Energy, Big Oil is expected to pump in $166B into new oil and gas ventures over the next five years, thus dwarfing the currently specified outlay of just $18B (less than 10% of capex) for solar and wind energy projects. Good case in point: Italian multinational oil and gas giant Eni S.p.A. 2 Total SA.
They include neodymium, praseodymium and dysprosium, which are components of energy-efficient permanent magnets used in wind turbines and electric vehicles, among other products; and gadolinium—the contrast agent taken before an MRI. —Riddle et al.
” also sees steady adoption of on-shore wind and electric vehicle technologies, but suggests that off-shore wind and carbon capture and sequestration look likely to fade or decline. For some alternative-energy industries—CCS and off shore wind, for example—real competitiveness is still a distant probability.
The global rare earth market, driven by demand from industries including electric vehicles and offshore wind, is expected to increase five-fold by 2030 and the NdPr oxide price is forecast to increase at a CAGR of 4.8 - 9.9%, underpinning strong economics for the investment. China currently supplies 98% of Europe’s rare earth magnets.
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.
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