PROSPERING IN THE CHANGING ENERGY ENVIRONMENT

June 24, 2019

The cost pressures facing the oil sector are unlikely to be alleviated soon. Recent predictions of the medium-term oil price are that it will remain between $50 and $60 a barrel, with the suggestion that industry fundamentals are similar to conditions in 1986, after which oil prices remained depressed for 15 years. The high prices of the past decade resulted in a large volume of new supply being brought online, with additional Iranian supply of up to a million barrels a day projected to be added to world supply if its nuclear deal is ratified. Historically OPEC would cut production in order to support prices but this strategy has now changed, at least for the moment, with Saudi Arabia keeping the oil flow steady and focusing on maintaining market share.

Spotlight

Genero

Genero provides asset management support services to the onshore and offshore wind industry. Inspection services include end of construction inspections, end of warranty inspections, statutory inspections, rotor blade inspections. Our rotor blade services also include repairs (in-situ and on ground), NDT (Ultrasonic Phased Array / Thermography) and mechanical completion.

OTHER WHITEPAPERS
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Renewable Energy Price Risk Management at the Energy Exchange

whitePaper | February 28, 2020

With subsidy schemes being gradually phased out across Europe, renewable energy assets are entering the world of merchant risk management and energy trading. Whilst PPAs are one tool to set a baseline for prices that can be relied upon by developers and banks, there remains a price risk when exposed to wholesale market movements. For several decades, energy trading has primarily been the territory of utilities, trading houses and banks. Now, renewable energy project developers and offtakers exposed to wholesale prices must learn how to employ the financial products available to manage the risk exposure to variable prices.

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Sustainable power grids

whitePaper | January 9, 2023

Stricter environmental and safety regulations, pressure to shift to green energy sources, and a retiring workforce all present significant challenges for today’s power grid operators. Transmission and distribution companies must create a more resilient, dynamic grid, capable of handling increased load and the complexity that distributed energy resources (DERs) will add. New digital tools that enable operators to collect and organize data can help transmission and distribution companies face these challenges by addressing three major imperatives.

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E-mesh PowerStore high-power grid-forming inverters

whitePaper | January 4, 2023

Our Grid Edge Solutions provide unique high-value services that can unlock new revenue for your network. These services, including black start, fast power injection, virtual inertia, fault current injection, seamless islanding, and voltage control, are a few of the ways that Hitachi Energy is leading the way in pioneering new solutions that keep electricity flowing.

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EV BATTERY CHALLENGES AND SOLUTIONS

whitePaper | October 7, 2022

Automakers and their suppliers have always faced a host of challenges, and this decade is no exception. There is an urgent need for answers to several trends: the increased consumer demand for EVs, legislation for reduced emissions, and the rise in urbanization. In fact, consumers and policymakers alike are calling for more sustainable and more advanced vehicles that do not compromise on performance or safety. Just this year, an EY survey of 13 developed nations indicated that 41% of those intending to buy a new vehicle in the year ahead would choose a BEV (battery electric vehicle), HEV (hybrid electric vehicle), or PHEV (plug-in hybrid electric vehicle).

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Our clean energy vision A fossil-free future for cleanly heating homes and businesses

whitePaper | April 3, 2022

At National Grid we believe achieving a fossil-free future and addressing climate change is not just a shared responsibility, but one where we must lead. We are undertaking a bold initiative that will set a new climate standard for energy companies across America. From today forward, we are working to enable a future where every time our customers use energy – to turn on their lights, charge their phones, cook for their families, or heat their homes and businesses – it can be done without fossil fuels

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The Energy Crisis

whitePaper | July 12, 2022

As we experience an energy crisis that is fueling inflation with severe impact on households and businesses all over Europe and forcing factories to curtail their production or even to shut down, citizens are asked to reduce their energy consumption while governments scramble to secure alternative fuel sources. These, however, are only short-term measures, and there is no doubt that this winter will prove taxing for many.

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Spotlight

Genero

Genero provides asset management support services to the onshore and offshore wind industry. Inspection services include end of construction inspections, end of warranty inspections, statutory inspections, rotor blade inspections. Our rotor blade services also include repairs (in-situ and on ground), NDT (Ultrasonic Phased Array / Thermography) and mechanical completion.

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