NaaS | February 14, 2022
It is commonly said that new energy vehicles (EV) promotes green energy and travel, so then just how much are emissions reduced by EVs, as compared to traditional internal combustion engine (ICE) vehicles? Recently, NaaS, one of China's leading new energy operations and technology providers, revealed the answer by enabling the transition from ICEs to EVs and facilitating the aforementioned emissions and carbon reduction, receiving recognition from the international testing agency SGS for the amount of emissions reduced in the process. According to SGS's "Assessment Report of Greenhouse Gas Emission Reductions on Alternative Traveling by NaaS Electric Vehicles" (the "SGS Assessment Report"), in 2021, NaaS, through the Company's cooperation with Kuaidian and other partners, provided charging services that reduced carbon emissions by 896,800 tons, based on emissions of 661,100 tons versus the 1,557,9000 tons that would have been emitted by traditional ICEs for the same distances travelled.
The SGS Assessment Report relied on the Clean Development Mechanism (CDM), the 2006 IPCC Guidelines for National Greenhouse Gas Inventories, and the China Certified Emission Reduction (CCER)'s related process and methodologies to make the assessment, and primarily focused on the greenhouse emissions related to EVs that used NaaS' partner Kuaidian's related charging services.
Recently, the global adoption of EVs has reached a breakthrough. In 2021, China's EV sales and penetration rate continues to grow rapidly month on month, and the market has reached a stage of explosive growth. According to statistics from the Public Security Bureau, at the end of 2021, the total number of EVs in China reached 7.84 million, representing 2.6% of all automobiles, and an increase of 59.25% year on year. According to the China Passenger Cars Association (CPCA)'s latest projections, total sales of new EVs is expected to exceed 6 million in 2022, representing a market penetration rate of approximately 22%. In addition, based on the Ouyang Team's analysis and estimates, China's new EV sales will reach between 17 million and 19 million by 2030. In terms of total number of EVs on the road, total EVs in China will reach approximately 100 million by 2030, nearly 200 million by 2035, and nearly 300 million by 2040.
Based on the expected increase in the number of EVs on the road in China, it can be anticipated that the trends driving the transition from ICEs to EVs will continue to strengthen, and bring with it an increasingly strong decarbonization effect. These trends also mean that the market for EV charging services in China have tremendous room for growth and potential for development. NaaS, as an enabler and strong supporter of EV adoption and the government's "Dual Carbon" goals, provides the charging infrastructure and services that enables green energy and travel. NaaS, through the Company's electric charging partners, reliable technology, and strong operational capabilities, will continue to contribute strongly to the decarbonization of transportation services.
As an EV charging operations and technology provider, NaaS services China's fast public charging network by providing software services, hardware and equipment, and integrated technical support, and is a preferred partner within the EV charging industry. NaaS aims to make EV charging more convenient, faster, and the experience better, and enable all members of the industry value chain to improve efficiency and effectiveness. The Company aims to raise the utilization rates of chargers as part of the structural adjustments in China's energy industry, and help realize "Carbon Neutrality" in the process.
SGS is an organization with over 140 years of history in testing, inspection and certification, and is headquartered in Switzerland. SGS is globally recognized for quality and trusted standards assessment. SGS has for six continuous years been included in the Dow Jones Sustainability Indexes, and for the past three years in the FTSE ESG index. SGS has over 96,000 employees globally in 2,600 related branch organizations and laboratories. In China, SGS' services already cover the apparel and shoe industry, electronics, agriculture, food and beverage, chemicals and petroleum, mining, environmental, transportation and e-commerce industries' upstream and downstream supply chain.
Established in 2019, NaaS is one of China's leading new energy operations and technology providers. NaaS is China's leading comprehensive EV charging service platform and is servicing China's #1 fast charger network with over 175,000 fast chargers. NaaS also offers hardware, software, and technology services and solutions to charger operators and works with all members of the EV charging value chain. NaaS aims to make EV charging easier, better, and more efficient for all stakeholders, and to promote and ensure decarbonization and carbon neutrality throughout the automotive value chain.
Wien Energie | December 16, 2021
RIDDLE&CODE Energy Solutions, a subsidiary firm of the leading European blockchain interface company RIDDLE&CODE, announced a joint venture partnership with the largest energy provider in Austria, Wien Energie. The signing of the agreement took place on 9 December, with the objective of accelerating global decarbonisation efforts and distributing solutions that have proven effective in Vienna to customers worldwide.
Under this agreement, Wien Energie and RIDDLE&CODE will share financial and technological resources to provide cutting-edge services and continue shaping the future of the energy market. A joint venture of two companies that have collaborated for years will leverage Wien Energie’s technical, commercial and legal expertise in the energy sector and access to more than two million customers, and RIDDLE&CODE’s know-how in asset tokenization.
The energy market is complex, and the complexity further increases with decentralisation.Wien Energie has long-standing experience of decarbonising energy production portfolios. RIDDLE&CODE helps bring more transparency and traceability into the system, while incentivising sustainable business models, such as our dynamic Citizen Solar Power Plant. We are looking forward to strengthening our collaboration with our signature today and opening the next successful chapter for this young company."
Michael Strebl, Wien Energie CEO
Citizen Solar Power Plant utilises energy tokenization platform MyPower, patented Trusted Gateway and the regulatory-compliant Token Management Platform, which provides the foundation for trusted data sharing. Upcoming MyPower releases will focus on creating data market interfaces for all machines connected to the energy grid and offering tokenized green power purchase agreements. It will also focus on opening the platform’s capabilities to the automotive industry to create a “Green Mobility Chain of Trust”, which will provide a chain of evidence between green energy sources, charging stations and battery electric vehicles (BEVs).
Wien Energie is one of Austria’s largest utility providers, responsible for ensuring the reliable supply of electricity, natural gas and heating to around two million people, 230,000 businesses and industrial facilities, and 4,500 farms in the Greater Vienna metropolitan area.
RIDDLE&CODE Energy Solutions
RIDDLE&CODE Energy Solutions, a subsidiary firm of the leading European blockchain interface company RIDDLE&CODE, provides the blockchain-powered infrastructure that enables resilient, low-cost and green electricity production and builds a foundation for a decentralised urban energy marketplace.
Quidnet Energy | April 20, 2021
Houston, TX – Quidnet Energy (Quidnet) today announced it has achieved two key milestones in its projects with the US Department of Energy’s Water Power Technology Office (WPTO) and Advanced Research Projects Agency–Energy (ARPA-E), to commercialize the company’s Geomechanical Pumped Storage (GPS) technology.
Quidnet pumps water underground and stores it in-between layers of rock. The natural elasticity of the rock performs like a spring and holds the water under pressure until it is needed, at which time it is released through a hydroelectric turbine to produce electricity to send back to the grid.
Quidnet partnered with the WPTO through its HydroWIRES Initiative to develop an innovative reversible injector-generator that will enable deployment of modular hydropower conversion in high-pressure pumped hydro applications such as for Quidnet’s GPS technology. The milestone was achieved by the completion of system-level design and engineering as well as testing of key operating components in an industrial machining facility in New York State.
Quidnet is working with ARPA-E through their Duration Addition to electricitY Storage (DAYS) program to develop the GPS resource in key power markets across the US by planning and executing exploratory wells to characterize, evaluate, and validate this geologic resource. This milestone is marked by the completion of project development of the exploration well sites – including sites that reuse inactive O&G wells – and achieving resource performance targets during exploration well hydraulic testing. Analogous work was performed by DOE in the early 2000s to similarly characterize North American wind resources.
“WPTO and ARPA-E have been vital partners in the development of our long duration energy storage technology,” said Joe Zhou, Quidnet CEO. “These leading energy technology organizations have brought valuable resources and oversight to the development process, helping steward our technology toward commercialization. Their experience, guidance and partnership are very much appreciated.”
“Long duration storage technologies such as Quidnet’s can play a crucial role in advancing our transition to a zero-carbon electric grid,” said Jenn Garson, WPTO Acting Outreach, Engagement & Analysis Manager. “Based on the strong results we have seen to date, we are optimistic about Quidnet’s contribution to our energy future.”
“Quidnet Energy, as well as the rest of ARPA-E’s DAYS teams, are working to develop innovative long-duration energy storage systems and create new technologies to increase grid resilience and performance,” said ARPA-E DAYS Program Director Dr. Scott Litzelman. “We look forward to continuing to work closely with Quidnet as they continue to design energy storage solutions of the future.”
Quidnet’s technology operates in a closed loop configuration, powered by excess grid electricity. Because most of the process is subsurface, projects have a relatively small footprint (well head, pump/generator building, and holding pond), allowing farmers and landowners to generate significant new lease revenue with minor impact.
Quidnet utilizes much of the same subsurface knowledge, workforce, and supply chains as the oil and gas industry, making it a seamless opportunity to re-channel thousands of displaced workers—and the supply chains they operate--toward accelerating a clean energy future. Early resource investigations project sufficient North American geologic resources to provide multiple times the long duration energy storage needed by the grid.
“The very talented, dedicated and rapidly-growing Quidnet team is hyper-focused on ensuring a reliable energy transition,” said Quidnet CEO Joe Zhou. “We are committed to being a major part of the solution.”
Steven C. Sullivan
Huawei | February 28, 2022
Huawei hosted its Day0 Forum "Lighting up the Future" as part of their lead up to MWC22 Barcelona. Huawei Carrier's Chief Marketing Officer Dr. Philip Song delivered a keynote speech titled "Five Misconceptions of Green Development" at the forum.
Green development is a buzzword. Just like from Newton's classical mechanics to Einstein's theory of relativity, its development is going to be marked by a spiraling path between misconceptions and truths. We need to move past these five misconceptions as soon as possible to accelerate the green development of the ICT industry."
Dr. Philip Song,Huawei Carrier's Chief Marketing Officer
Misconception 1: ICT industry contributes to increased carbon emission.
According to the GeSI's SMARTer2030 report, the ICT industry is only expected to account for 1.97% of global carbon emissions by 2030. More importantly though, other industries are expected to reduce their own carbon emissions 20% by applying ICT technologies, a total amount 10 times the carbon emissions of the ICT industry itself. These secondary savings are called carbon handprint. The size of this carbon handprint has made ICT infrastructure increasingly important in many national strategies. Huawei itself predicts that 1 YB of global data will be stored on the cloud by 2030. This means that 150 million tons of carbon emissions can be saved each year if current infrastructure is equipped with greener, all-optical transmission technologies. These savings would be equivalent to planting 200 million trees – an amount that would cover the entirety of Europe in forest.
Misconception 2: There is over-focusing on supply chain emissions, which are regarded as the largest cause of carbon emissions for network equipment.
As Dr. Song described in his presentation, if you look at the entire life cycle of network equipment, only 2% of its carbon emissions are generated during manufacturing, while 80-95% are generated during usage. Dr. Song therefore proposed that the key to reducing ICT industry carbon emissions will be adopting innovative technologies to improve energy efficiency.
Misconception 3: Green development is only about green energy.
While the development of solar and wind power are important to green development in the ICT industry, huge gains can be achieved by systematically improving the energy efficiency of telecom networks. To this end, Huawei released a three-layer green solution at this summit to systematically improve network energy efficiency through "Green Site, Green Network, and Green Operation", helping carriers achieve "More Bits, Less Watts".
Misconception 4: Network energy efficiency is equal to the sum of energy efficiencies of its telecom equipment.
The energy efficiency evaluation of a single equipment box is not enough to carry out comprehensive, scenario-based planning and construction decisions. Huawei recommended establishing a unified, standardized indicator system (NCI) to accurately evaluate and formulate energy-saving policies for entire networks by measuring the energy efficiency indicators of main communications equipment, site auxiliary equipment, transport networks, and data centers.
Misconception 5: Energy saving should not impact any network performance indicator.
The truth is, there is trade-off between energy saving features and some network indicators. However, energy saving features can be adopted at the expense of peak rates and some other indicators, but without impacting actual user experience. In Germany, an intelligent shutdown solution has been deployed in shopping malls at midnight. Although it slightly reduces peak rates, it reduces site energy consumption by 10% without affecting user experience.
During his closing remarks, Dr. Song delivered five suggestions for green development in the ICT industry: "First, we should vigorously develop the ICT industry to enable green development in other industries. Second, we must pay more attention to carbon emissions of ICT infrastructure during usage rather than just during manufacturing. Third, the systematic solution of "Green Site, Green Network, and Green Operation" will help carriers continuously improve network capacity and reduce power consumption per bit, achieving "More Bits, Less Watts". Fourth, we must define a unified energy efficiency indicator system to identify the main problems of energy consumption. Fifth, watts are decided by user experience."
MWC22 Barcelona will run from February 28 to March 3 in Barcelona, Spain. Huawei will showcase its products and solutions at stand 1H50 in Fira Gran Via Hall 1. Together with global operators, industry professionals, and opinion leaders, we will dive into topics such as industry trends, GUIDE to the Future, and green development to envision the future of digital networks.