China already surpassing some of its 2020 clean-energy targets

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Coal still makes up the largest part of China’s energy consumption but that is changing, and quicker than most have anticipated. Earlier this year, the country announced plans to cancel more than 100 coal plants under development, which would have generated 120 GW or so of electricity capacity.

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Renewable Energy Strategies in the Oil and Gas Sector

Article | February 13, 2020

Renewable energy is suddenly taking a very important role in the energy industry; especially solar and wind. In light of this, major players in the oil and gas industry have begun to position themselves for this forecasted energy transition. Major investments by the oil majors into renewable energy has called for the question of whether this is an indication that they are gradually transitioning into energy companies. Also, upon closer study of this trend, it is easy to classify the major players into leaders in renewable energy investment and slackers.

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The direct and indirect impact of AI on sustainable growth

Article | February 13, 2020

The propagation of artificial intelligence (AI) is making a significant impact on society, changing the way how we work, live, and communicate. AI today is allowing the world to diagnose diseases and develop clinical pathways. It is also being used to match individuals’ skill sets with job openings and create smart traffic that leads to the reduction of pollution. There are many examples of applying AI technologies in the sustainable growth of the planet and organisations. It is time to solve some of the world’s biggest problems with emerging technologies such as AI.

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The Digital Transformation of Wind Energy

Article | February 13, 2020

Transformation and how it is changing the world around us at an accelerated pace. We started the conversation with highlights on The Digital Transformation of Smart Facilities and The Digital Transformation of Smart Process Industries and examined the impact of digital transformation being seen in both the Foodservice and Process Industries. In the final installment our new video series, which features the Presidents of each mCloud line of business, we chat with Dave Weinerth (President, Smart Energy) on how digital transformation is impacting the wind industry. The wind industry, in regards to how they see digital transformation is really interesting. Wind turbines are in hard environments, they’re complex machines that spin-off a lot of data into hundreds of different channels and operators are just now getting a chance to delve into what can be done with that data with some of the tools that are available in the cloud, through artificial intelligence and additional sensors that they may want to put onto their machines to assess different aspects of performance.

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How Clean Energy is Part of Economic Recovery after Pandemic

Article | February 13, 2020

Policymakers looking to rebuild our economy must keep in mind peoples’ needs for the future after this public health crisis. Now, medical and safety needs for frontline workers are the first priority. Thinking about recovery, strengthening policies for the clean power sector and the people who work to build a cleaner and more robust energy supply will make us healthier in the future. Congress can rebuild the economy with smarter investments in clean energy which will also lower the costs of electricity.

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EOL is an ASX publicly listed company which provides software and services tailored specifically to the energy industry.

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