Dark Energy Survey Completes Six-Year Mission

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!

The Digital Transformation of Wind Energy

Article | March 16, 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.

Renewable Fuels Will Help Pave the Way to a 100% Renewable Energy

Article | April 10, 2020

The need to reduce carbon emissions is real. In 2018, the International Panel on Climate Change (IPCC) reported that global emissions would need to reach net-zero (or carbon-neutral) by 2050 to prevent severe climate change impacts. Electricity is a major contributor—electricity generation was responsible for approximately 33% of total CO2 emissions in the U.S. in 2018. Electric utilities stand to play a critical role in reducing carbon emissions. Many are up to the task of decarbonizing their operations and supplying carbon-free or carbon-neutral energy to their customers.

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.