WHAT IS NUCLEAR ENERGY? A FULL PROS AND CONS ANALYSIS

April 2, 2019 | 75 views

We evaluate the core components of nuclear energy. Our deep dive into nuclear energy pros and cons will highlight how it works and a full analysis to help you learn more about this energy technology. With an increased demand in energy, we are constantly in search of consistent, efficient, and renewable energy sources. Nuclear energy is one of the resources, which we have been utilizing as a sustainable source of energy for quite some time.

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ENERGY

How Does Employing Energy Management Systems Helps Businesses?

Article | July 15, 2022

While most businesses presently strive to achieve environmentally friendly operations and lower their carbon footprints, this argument might not sway all businesses or company executives. While using renewable energy sources or energy management systems has clear environmental benefits, businesses that want to improve their operations and decrease overhead expenses should also consider such technologies. A steady and high-quality power supply is required for the smooth running of any kind of industry. Energy management systems (EMS) are used by a variety of industries to provide a consistent and dependable supply of energy. Energy Management Systems: Advantages for a Business Businesses and industries that use energy management solutions often achieve considerably bigger savings than those that do not use such systems. EMS examines all of the company's processes and enhances them for energy savings. The savings realized by the usage of energy management systems have a direct influence on the bottom line. Some of the most significant benefits of energy management systems are listed below. Improved Brand Image Using energy management systems result in lower power usage and, as a consequence, more environmentally friendly operations. Process optimization is recognized by business clients, customers, and suppliers because it shows excellence in planning and management. Better Productivity and Competitive Edge Reducing energy consumption via process optimization and effective load planning not only increases the overall productivity of industrial operations but also helps businesses to catch up with their competitors through continual process development. Cost-Reduction Energy management systems can ensure at least a 20% decrease in energy bills. System administrators can save up to 10% of their total energy expenditures with modest investments and no upfront costs. Supervisors can save up to one-third of their initial overhead expenses by using energy management solutions in a planned and methodical manner. Closing Lines An energy management system can help any organization save money on energy bills. There are many different energy management systems on the market, so make sure you choose one that is the right size for your business. If you're unclear about which system to buy, a good energy monitoring system can help you assess your performance and point you in the correct direction for process improvement.

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SOLAR+STORAGE

The Role of AI Technology in the Renewable Energy Sector

Article | December 17, 2021

Machine learning and artificial intelligence (AI) are two of the most commonly used commercial phrases these days. As a result, companies across sectors are searching for methods to include them in order to optimize and automate their key operations. The energy sector is no exception! Indeed, throughout the years, renewable energy industries (wind, solar, hydro, nuclear) have substantially gained from the potential of machine learning. They were able to reduce their expenses, make better projections, and raise the rate of return on their portfolio. And this tendency is just going to gain momentum. If your company is in the energy industry or utilizes a lot of power, machine learning and AI can help you improve your business performance. But how precisely? Let's get started. Ways in Which AI and Machine Learning are Changing Energy Sector There are a few methods that machine learning and AI can be applied to positively improve the energy industry. Here are a few popular applications currently under development. Predictive Maintenance AI helps match energy output with demand and ensure power grid stability and resilience.In 2003, a low-hanging high-voltage electricity line hit an overgrown tree in Ohio, causing a widespread blackout. There was no power system alarm and no sign of the incident. The electric company didn't notice until three additional power lines failed. This carelessness ultimately brought down the whole grid. The 50 million-person blackout lasted two days. Eleven individuals died, and $6 billion was lost. Predictive maintenance can be implemented using machine learning and IoT Sensors gather operational time series data from electricity lines, equipment, and stations (data accompanied by a timestamp). Machine learning algorithms can then forecast when a component will fail (or n-steps). It can also anticipate machinery's remaining usable life or future breakdown. These algorithms detect machine failure, eliminate blackouts or downtimes, improve maintenance procedures, and reduce maintenance expenses. Grid Management Grid management is a promising AI application in energy. Complex networks distribute electricity to users (also known as the power grid). Generation and demand must always match in the electrical system. Other issues, like blackouts and system breakdowns, can occur. Despite being ancient, pumped hydroelectric storage is the most common way to store energy. It operates by moving water upwards and letting it fall into turbines. Renewable energy makes predicting the grid's power generation challenging. After all, it is affected by a variety of things, like sunlight and wind. Demand Response Large demand shifts can be expensive for nations that depend on renewable energy. As nations migrate to green energy, it's harder to adapt to demand fluctuations. Germany plans to use 80% renewable energy by 2050. Countries such as Germany will encounter two major challenges Demand fluctuations: On some days or times of the year, power consumption soars (on Christmas, for example) Weather volatility: Without wind or clear skies, it might be hard to meet electrical demand. In both circumstances, more stations or fossil fuel-powered facilities must meet demand Solving demand response issues Many nations are partnering with businesses to examine weather forecasts, power demand, etc. Germany's EWeLiNE project forecasts wind and solar energy at a specific moment. This enables the government to use non-renewable energy to meet additional power demand. They utilize enormous historical data sets to train machine learning algorithms, as well as data from wind turbines or solar panels, to properly balance supply and demand. Closing Lines AI increases the potential of humans. Several renewable energy producers are investing in artificial intelligence to boost their businesses.There are numerous uses of artificial intelligence in renewable energy. The fundamental purpose of AI integrated systems is to reduce forecasting issues and incorporate renewable energy into the central energy grid as effectively as possible. AI can also assist renewable energy providers in developing successful plans and policies based on present energy consumption and demand.

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STRATEGY AND BEST PRACTICES

AI in the Renewable Energy Sector: Investment Perspective

Article | July 8, 2022

As the worldwide use of artificial intelligence (AI) in the energy market is expected to reach $7.78 billion by 2024, with a CAGR of 22.49% from 2019 to 2024, it is easy to see why it's a popular topic on the minds of many leading brands in the energy sector, as well as investors looking to reap the future perks that AI could bring to the energy industry. According to BIS Research, North America is expected to be the largest market for AI in energy through 2024. However, Asia-Pacific is expected to rise rapidly over the same time due to the rising need for more decentralized power production. Investment Opportunities in AI-based Energy Industry: Economic Visibility AI's economic viability and progress in the energy business can be attributed to numerous factors, including: The desire to increase operational efficiency. Increased interest in energy efficiency. Decentralized electricity generation is being expanded. Battery storage solutions are gaining popularity. Since artificial intelligence has a wide range of applications, there are several investment opportunities in the energy industry. Upstream Oil and Gas Enhance efficiency and decrease downtime, which is critical for hydrocarbon companies owing to volatile oil prices and demand, to lessen the environmental implications of energy generation and consumption. AI Chatbots AI has the potential to enhance interactions between contact centers and consumers. Utilities that outsource to contact center providers can suffer significant fees. This is where AI, particularly when combined with natural language processing (NLP), can assist contact center operators by listening to conversations and automatically noting information in the appropriate apps, helping operators to make calls more reliable, effective, and satisfying to customers. Smart Homes and Cities AI integration benefits smart meters and smart energy management systems as well. Many residences and towns can utilize AI to collect real-time data and apply it in a number of ways to function more effectively and efficiently, enhancing sustainability while also making a living more comfortable and cities more accessible. Monitoring Trends in Energy Generation and Consumption Artificial intelligence is being utilized to assist energy companies and customers in recognizing and tracking patterns in energy generation and consumption. AI, for example, can predict the potential output of a certain wind or solar plant. Closing Lines Banking, finance, and trade are some of the suitable businesses that can profit. For example, AI and machine learning can be used in algorithmic trading, which involves utilizing computer programs to make trades in the energy business at speeds and frequencies that any human trader would consider inconceivable.

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STRATEGY AND BEST PRACTICES

Technologies Shaping the Future of Renewable Energy

Article | July 8, 2022

Introduction Renewable energy has transformed our planet. It's raised awareness of global warming and climate change. Both governments and ordinary people are seeking to move from fossil fuels to renewable energy because of this awareness. Technology's involvement in this revolution cannot be understated. Thought a few years ago that solar energy would power average houses in small communities. Thanks to the widespread manufacture of lithium-ion batteries, EVs will be the next big thing. Major Renewable Energy Technologies Transforming the Future Power-to-X Despite the name, this is not a conspiracy theory about global dominance. Modern technology converts electricity into synthetic fuels, thermal energy, and hydrogen. This breakthrough technology can minimize fossil fuel dependence by focusing on synthetic ones. It can also help with efficient storage solutions. Green Appliances and Machines Leading household appliance makers are launching solar-powered appliances. This is a wonderful start toward minimizing family power expenses. Many households have begun to invest in gadgets such as solar air conditioners. Distributed Generation Systems Several locations are experimenting with distributed generation. This reduces dependence on a centralized grid and simplifies transmission and distribution. It also reduces grid dependability and failures. Electrification Most European nations are actively electrifying to cut carbon emissions. This is not the same as a power supply. Rather, it implies developing assets and infrastructure that can shift and aid in the adoption of electricity. Providing public EV charging stations is a step towards electrification. Closing Lines Prominent private companies such as Google, Apple, and Microsoft have made significant commitments to renewable energy in recent years. While some governments are actively attempting to make the shift, others have yet to take environmental challenges such as global warming and climate change seriously. Technological breakthroughs are helping to make the transition to renewable energy greener, quicker, and more economical.

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ENERGY

AppGuard Launches Zero Trust Incident Response Initiative for Endpoints to Address Similar Threats to the SolarWinds Breach Mitigation

AppGuard | January 20, 2021

It has been reported that the highly sophisticated breach of SolarWinds and the cyberattack that was spread through its Orion platform has impacted an estimated 18,000 customers and went undetected for months. "We must come together to defend against an attack of this magnitude" says Brody Ehrlich, AppGuard Chief Operating Officer. "The damage done to governmental agencies and enterprises is not fully recoverable and this type of threat is repeatable for the next group to emulate, whether it uses SolarWinds or another widely used application. AppGuard's software is uniquely positioned to assist cyber defense solutions providers because we can implement specific protections designed to mitigate threats of this type, even in cases where it goes undetected for a period of time." AppGuard is pleased to announce a rapid response offering developed to be deployed by our trusted partners and incident response teams, to assist in mitigating this threat and others like it. We expect that governmental agencies, healthcare providers, and enterprises within the government supply chains are at highest risk and will bear the brunt of future attacks of this nature. "Traditional cyber technologies and solutions such as EDRs, Next Generation AV (NGAV), White Listing/Application controls could neither identify nor contain the compromise. This is common of tools that seek to diagnose the threat instead of defending the risk points. AppGuard's zero-trust defense prevents and contains compromises to systems and infrastructure," adds Fatih Comlekoglu, the Chief Technology Officer and inventor of the AppGuard technology. "This SolarWinds exploit and breach shows us why having a Zero Trust solution in place to protect your endpoints and servers is more critical than ever before. AppGuard's patented controls give organizations a way to adopt zero trust policies faster than any other solution" said Kristen McFadden Gandhi, Global SVP of Product at AppGuard. "With AppGuard's autonomous policy engine in place, customers can make use of SolarWinds functions while protecting themselves from the dangerous processes spawned by the malicious code. We already have some customers doing so now."

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ENERGY

Trina Solar is the first solar panel manufacturer to receive two environmental certifications

Trina Solar | January 19, 2021

Trina Solar Co., Ltd. (“Trina Solar” or “Company”), the world's largest manufacturer of solar panels and integrated solutions for smart energy, has received Environmental Product Declaration (EPD) certifications according to UL and EPD Italy, two of the leading independent certification bodies in the field of safety research ... This is the first approved certification in the field of photovoltaics, confirming the environmental friendliness of the Company's products. The ceremony took place on January 13th in Changzhou, Jiangsu Province, China. It was attended by Deputy Director of Trina Solar Bo Cao ( Bo Cao) And CEO of UL-CCIC Company Limited Shi Jun ( Jun Shi ). EPD certification to industry standards ISO 14025 and EN 15804 confirms the environmental friendliness of products. During the EPD certification, the environmental impact of products is assessed taking into account the origin of raw materials, production, transportation, processing, as well as the energy efficiency of the enterprise. EPD certification provides investors and photovoltaic system owners with reliable information on the environmental performance of solar products and services, making it easy to select. The EPD certificate is valid for five years and is recognized in Europe, North America and the world market. This demonstrates that Trina Solar products meet global sustainability standards. Trina Solar supplies photovoltaic solutions to a significant number of international utility companies in the European market. Concerns about global climate change are growing, while expectations for sustainable development are rising. In the future, EPD certification may become a prerequisite for bidding in Europe and other markets. In terms of end users, according to recent studies, over 60% of European consumers are concerned about the environment. Independent third-party EPD certification provides customers with reliable product sustainability information and underpins Trina Solar 's ongoing commitment to environmental protection.

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GRID ENVIRONMENT

Keystone XL commits to become first pipeline to be fully powered by renewable energy

TC Energy | January 18, 2021

Media Advisory - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the company) today announced a new sustainable energy initiative for the Keystone XL Project. The company will achieve net zero emissions across the project operations when it is placed into service in 2023 and has committed the operations will be fully powered by renewable energy sources no later than 2030. This announcement comes after an extensive period of study and analysis, and as part of the company’s ongoing commitment to sustainability, thoughtfully finding innovative ways to reduce greenhouse gas (GHG) emissions, while providing communities with reliable energy needed today. “Since it was initially proposed more than 10 years ago, the Keystone XL project has evolved with the needs of North America, our communities and the environment,” said Richard Prior, President of Keystone XL. “We are confident that Keystone XL is not only the safest and most reliable method to transport oil to markets, but the initiatives announced today also ensures it will have the lowest environmental impact of an oil pipeline in terms of greenhouse gas emissions. Canada and the United States are among the most environmentally responsible countries in the world with some of the strictest standards for fossil fuel production.” Following the successful implementation of this initiative, TC Energy expects to be among the top 10 corporate renewable sponsors in North America. Additionally, this is expected to eliminate more than three million tonnes of CO2 equivalent emitted every year in GHG emissions – the equivalent of approximately 650,000 cars taken off the road. As part of this announcement, TC Energy is expected to spur an investment of over US$1.7 billion in communities along the Keystone XL footprint creating approximately 1.6 gigawatts of renewable electric capacity, and thousands of construction jobs in rural and Indigenous communities. As part of its continued commitment to working with union labor in the U.S. and Canada, Keystone XL has also signed a Memorandum of Understanding (MOU) with North America’s Building Trades Unions (NABTU) to work together on the construction of TC Energy owned or sourced renewable energy projects. “With our continued commitment to safety, creating family-sustaining, middle class jobs, NABTU is pleased to announce our agreement with TC Energy to ensure building trades labor constructs renewable energy projects along the entire Keystone XL route,” said NABTU President Sean McGarvey. “This will help to meet KXL’s commitment to achieving net zero emissions by 2023, create the power capacity required to operate the pipeline from renewable energy sources and create thousands of jobs between now and 2030 – jobs for the highly skilled women and men of the building trades.” By implementing this initiative, Keystone XL will eliminate the impact of GHG emissions from the project’s operations. Additionally, Keystone XL will allow responsibly produced Canadian oil to be safely transported into the United States from many producers who have set their own net zero emissions goals. Canadian Oil Sands producers have cut emissions intensity by 21 percent in recent years and they are expected to fall another 27 percent by 2030.

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ENERGY

AppGuard Launches Zero Trust Incident Response Initiative for Endpoints to Address Similar Threats to the SolarWinds Breach Mitigation

AppGuard | January 20, 2021

It has been reported that the highly sophisticated breach of SolarWinds and the cyberattack that was spread through its Orion platform has impacted an estimated 18,000 customers and went undetected for months. "We must come together to defend against an attack of this magnitude" says Brody Ehrlich, AppGuard Chief Operating Officer. "The damage done to governmental agencies and enterprises is not fully recoverable and this type of threat is repeatable for the next group to emulate, whether it uses SolarWinds or another widely used application. AppGuard's software is uniquely positioned to assist cyber defense solutions providers because we can implement specific protections designed to mitigate threats of this type, even in cases where it goes undetected for a period of time." AppGuard is pleased to announce a rapid response offering developed to be deployed by our trusted partners and incident response teams, to assist in mitigating this threat and others like it. We expect that governmental agencies, healthcare providers, and enterprises within the government supply chains are at highest risk and will bear the brunt of future attacks of this nature. "Traditional cyber technologies and solutions such as EDRs, Next Generation AV (NGAV), White Listing/Application controls could neither identify nor contain the compromise. This is common of tools that seek to diagnose the threat instead of defending the risk points. AppGuard's zero-trust defense prevents and contains compromises to systems and infrastructure," adds Fatih Comlekoglu, the Chief Technology Officer and inventor of the AppGuard technology. "This SolarWinds exploit and breach shows us why having a Zero Trust solution in place to protect your endpoints and servers is more critical than ever before. AppGuard's patented controls give organizations a way to adopt zero trust policies faster than any other solution" said Kristen McFadden Gandhi, Global SVP of Product at AppGuard. "With AppGuard's autonomous policy engine in place, customers can make use of SolarWinds functions while protecting themselves from the dangerous processes spawned by the malicious code. We already have some customers doing so now."

Read More

ENERGY

Trina Solar is the first solar panel manufacturer to receive two environmental certifications

Trina Solar | January 19, 2021

Trina Solar Co., Ltd. (“Trina Solar” or “Company”), the world's largest manufacturer of solar panels and integrated solutions for smart energy, has received Environmental Product Declaration (EPD) certifications according to UL and EPD Italy, two of the leading independent certification bodies in the field of safety research ... This is the first approved certification in the field of photovoltaics, confirming the environmental friendliness of the Company's products. The ceremony took place on January 13th in Changzhou, Jiangsu Province, China. It was attended by Deputy Director of Trina Solar Bo Cao ( Bo Cao) And CEO of UL-CCIC Company Limited Shi Jun ( Jun Shi ). EPD certification to industry standards ISO 14025 and EN 15804 confirms the environmental friendliness of products. During the EPD certification, the environmental impact of products is assessed taking into account the origin of raw materials, production, transportation, processing, as well as the energy efficiency of the enterprise. EPD certification provides investors and photovoltaic system owners with reliable information on the environmental performance of solar products and services, making it easy to select. The EPD certificate is valid for five years and is recognized in Europe, North America and the world market. This demonstrates that Trina Solar products meet global sustainability standards. Trina Solar supplies photovoltaic solutions to a significant number of international utility companies in the European market. Concerns about global climate change are growing, while expectations for sustainable development are rising. In the future, EPD certification may become a prerequisite for bidding in Europe and other markets. In terms of end users, according to recent studies, over 60% of European consumers are concerned about the environment. Independent third-party EPD certification provides customers with reliable product sustainability information and underpins Trina Solar 's ongoing commitment to environmental protection.

Read More

GRID ENVIRONMENT

Keystone XL commits to become first pipeline to be fully powered by renewable energy

TC Energy | January 18, 2021

Media Advisory - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the company) today announced a new sustainable energy initiative for the Keystone XL Project. The company will achieve net zero emissions across the project operations when it is placed into service in 2023 and has committed the operations will be fully powered by renewable energy sources no later than 2030. This announcement comes after an extensive period of study and analysis, and as part of the company’s ongoing commitment to sustainability, thoughtfully finding innovative ways to reduce greenhouse gas (GHG) emissions, while providing communities with reliable energy needed today. “Since it was initially proposed more than 10 years ago, the Keystone XL project has evolved with the needs of North America, our communities and the environment,” said Richard Prior, President of Keystone XL. “We are confident that Keystone XL is not only the safest and most reliable method to transport oil to markets, but the initiatives announced today also ensures it will have the lowest environmental impact of an oil pipeline in terms of greenhouse gas emissions. Canada and the United States are among the most environmentally responsible countries in the world with some of the strictest standards for fossil fuel production.” Following the successful implementation of this initiative, TC Energy expects to be among the top 10 corporate renewable sponsors in North America. Additionally, this is expected to eliminate more than three million tonnes of CO2 equivalent emitted every year in GHG emissions – the equivalent of approximately 650,000 cars taken off the road. As part of this announcement, TC Energy is expected to spur an investment of over US$1.7 billion in communities along the Keystone XL footprint creating approximately 1.6 gigawatts of renewable electric capacity, and thousands of construction jobs in rural and Indigenous communities. As part of its continued commitment to working with union labor in the U.S. and Canada, Keystone XL has also signed a Memorandum of Understanding (MOU) with North America’s Building Trades Unions (NABTU) to work together on the construction of TC Energy owned or sourced renewable energy projects. “With our continued commitment to safety, creating family-sustaining, middle class jobs, NABTU is pleased to announce our agreement with TC Energy to ensure building trades labor constructs renewable energy projects along the entire Keystone XL route,” said NABTU President Sean McGarvey. “This will help to meet KXL’s commitment to achieving net zero emissions by 2023, create the power capacity required to operate the pipeline from renewable energy sources and create thousands of jobs between now and 2030 – jobs for the highly skilled women and men of the building trades.” By implementing this initiative, Keystone XL will eliminate the impact of GHG emissions from the project’s operations. Additionally, Keystone XL will allow responsibly produced Canadian oil to be safely transported into the United States from many producers who have set their own net zero emissions goals. Canadian Oil Sands producers have cut emissions intensity by 21 percent in recent years and they are expected to fall another 27 percent by 2030.

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