6 WAYS TO SAVE MONEY WITH OFF PEAK POWER

| May 10, 2017

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When you think about it, it makes sense. During the day and early evening businesses are running at full-steam, computers and tools are on, schools are open and we are busy using our household appliances. These key times can put some strain on the energy network and therefore the wholesale energy prices (yep, even Origin buys from a wholesaler) are higher to try to keep the levels of demand in check.

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RE-Source Platform

The RE-Source Platform is a European alliance of stakeholders representing clean energy buyers and suppliers for corporate renewable energy sourcing. This platform pools resources and coordinates activities to promote a better framework for corporate renewable energy sourcing at EU and national level.

OTHER ARTICLES

How Artificial Intelligence is changing the Energy Sector

Article | April 9, 2020

Artificial Intelligence, or AI, has gained relevance in many different fields of our life, using machine learning to analyse historical and new data in order to make predictions, improve control operation and perform tasks much faster than a human and with more efficiency. The energy sector is using AI to increase energy efficiency by reducing consumption, improving energy storage and grid stability, making predictions about energy consumption, to have more accuracy to find oil & gas and many other applications. When it comes to renewable sources, AI is improving the weather forecasts for the development of new plants and to make better planning of control & maintenance. Let’s take a look in some projects and how they are affecting the energy sector.

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The Impact on Clean Energy

Article | March 21, 2020

Senate’s coronavirus stimulus package fails to address challenges for renewables, and WoodMac lowers its 2020 global wind forecast. Follow the latest developments here. For all their momentum, the clean-energy sectors — solar, wind, energy storage, and companies transforming the power grid — will not escape the COVID-19 downdraft. These industries face daunting questions about every aspect of their business, from supply chains to potential workforce shortages, to broader questions about the economy, demand for energy and the availability of finance.

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How to plan for a safer and smarter energy storage market?

Article | February 18, 2020

According to DNV GL’s 2019 Energy Transition Outlook, the combination of storage for the grid and storage available in vehicle-to-grid systems will exceed 40 TWh in 2050 worldwide. Storage and in particular battery solutions will help propel the transition to a decarbonized, electrified energy future. The energy storage market presents a tremendous opportunity for project developers and lenders worldwide. The drivers are clear and global: the rapid electrification of the transport, buildings and manufacturing sectors, the need for smooth integration of variable renewables, whether for a wind farm or industrial solar systems, and financial flexibility for both providers and customers.

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Key Benefits of Implementing AI in the Energy Industry

Article | March 3, 2020

Artificial intelligence is now influencing in every industrial sector. How wonderful it can be to extend the benefits of this technology across industrial sectors that are facing crisis and imbalance of demand and supply all over the world! Energy is one such crucial sector that impacts all the other industries as they use power for their operations. This explains why, according to a recent BIS research report, the global AI market in the energy sector is expected to reach USD 7.79 billion by 2024 (Source). Moreover, research is being done in this sector to find out how the non-renewable sources of energy can be preserved, without creating a shortage in supply for human consumption. The use of renewable sources of energy seems to be the only savior. But, there are several challenges in utilizing renewable sources of energy too!

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Spotlight

RE-Source Platform

The RE-Source Platform is a European alliance of stakeholders representing clean energy buyers and suppliers for corporate renewable energy sourcing. This platform pools resources and coordinates activities to promote a better framework for corporate renewable energy sourcing at EU and national level.

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