ACOA's Priority Areas: Clean Growth

| February 28, 2020

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Chris Diduch, Acting Director, Emera & NB Power Research Centre for Smart Grid Technologies: A smart grid is what we would consider as the future of electric power systems.

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Brightmark Energy

At Brightmark Energy (BME), we have a vision to be the best customer centric clean energy company. By devising customized energy solutions, we are able to address the most pressing and specific needs of our customers. We offer our customers energy purchase agreements whereby we invest in, and own the power generation systems so you don't have to. BME’s solutions increase reliability, decrease operational costs, lower greenhouse gas emissions, and enable long term control over energy expenses at no upfront cost to our customers. We do this by providing both on site and off site combined heat and power, solar, wind and other solutions.

OTHER ARTICLES

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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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 is the pandemic affecting the energy industry?

Article | April 8, 2020

There are many ways the Corona Virus pandemic will change our world forever including the impact it will have on various industries. Our industry will be changed in ways we cannot yet imagine. However, some of the positive and negative impacts it will have are beginning to emerge including on oil demand and prices, production of equipment for renewables such as solar panels, carbon emissions and cancelling of key events.

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CORONAVIRUS CRISIS FAST-FORWARDS GREEN ENERGY 10 YEARS INTO THE FUTURE

Article | April 6, 2020

As businesses shut down and many work from home around the world, electricity demand has reduced in COVID-19 hotspots. This could have a knock-on effect for the renewable sector. China, where the outbreak first took hold, is the world’s biggest electricity consumer. Output from factories has been substantially diminished with many unable to return to their jobs in manufacturing. Due to the curtailing of industrial electricity use, cuts in energy consumption for 2020 could be equivalent to the power used by the whole of Chile, according to IHS Markit. In Europe, peak power consumption has also gone down. Italy, Spain, and the UK have all seen an average 10 per cent drop in energy usage with bars, restaurants, offices and factories, which remain closed as social distancing measures continue.

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Spotlight

Brightmark Energy

At Brightmark Energy (BME), we have a vision to be the best customer centric clean energy company. By devising customized energy solutions, we are able to address the most pressing and specific needs of our customers. We offer our customers energy purchase agreements whereby we invest in, and own the power generation systems so you don't have to. BME’s solutions increase reliability, decrease operational costs, lower greenhouse gas emissions, and enable long term control over energy expenses at no upfront cost to our customers. We do this by providing both on site and off site combined heat and power, solar, wind and other solutions.

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