International Energy Agency

Cipher Neutron Appoints Dr. Bruno Pollet to its Advisory Board

Retrieved on: 
Wednesday, January 31, 2024

Canadian company Cipher Neutron Inc. (“Cipher Neutron” or “CN”) is very pleased to announce that it has appointed the renowned Dr. Bruno Pollet to its Advisory Board.

Key Points: 
  • Canadian company Cipher Neutron Inc. (“Cipher Neutron” or “CN”) is very pleased to announce that it has appointed the renowned Dr. Bruno Pollet to its Advisory Board.
  • Dr. Bruno Pollet is a member of the Council of Engineers for the Energy Transition (CEET): An Independent Advisory Council to the United Nations’ Secretary-General, and a CEET Hydrogen Task Force leader.
  • Dr. Bruno G. Pollet, PhD in Physical Chemistry in the field of Electrochemistry and Advisory Board member of Cipher Neutron stated, “In Canada and abroad, Cipher Neutron’s AEM Electrolyser Technology is a hydrogen industry accomplishment to be very proud of.
  • I look forward to applying my years of experience as an advisor to the great team at Cipher Neutron.”
    Gurjant Randhawa, M.Eng., P.Eng., President and CEO of Cipher Neutron, stated, “Cipher Neutron is very pleased to welcome Dr. Pollet to its growing Advisory Board.

91% of industrial businesses hit by resource scarcity, highlighting circularity needs

Retrieved on: 
Wednesday, January 31, 2024

Raw materials (37%) are seen as the scarcest resource, followed by energy (34%), labor (32%), and electronic components (26%).

Key Points: 
  • Raw materials (37%) are seen as the scarcest resource, followed by energy (34%), labor (32%), and electronic components (26%).
  • This resource scarcity has led to increased costs for 37% of businesses, as well as supply chain disruption for 27% and slowdowns in production capacity for 25%.
  • Despite energy being rated as the scarcest resource, two-fifths reported it as their biggest source of waste.
  • While there are challenges to overcome, businesses that fully embrace circularity see significant benefits, from cost control to improved reputation.

Global E-Mobility Market Set to Hit $869.67 Billion, Growing at 14.8% CAGR, Fueled by Expanding Charging Infrastructure, Project Kings Research

Retrieved on: 
Thursday, February 1, 2024

Based on product, the e-mobility market is segregated into electric cars, electric scooters, electric motorcycles, electric bikes, and others.

Key Points: 
  • Based on product, the e-mobility market is segregated into electric cars, electric scooters, electric motorcycles, electric bikes, and others.
  • Moreover, advancements in fast-charging technologies and wireless charging, introducing compelling prospects to enhance user experiences, are supporting market development.
  • Several factors are currently facilitating the growth of the electric vehicle market, such as high initial costs, range anxiety, insufficient charging infrastructure, and prolonged charging times.
  • Government initiatives and policies in the APAC region play an integral role in promoting the expansion of the regional e-mobility market.

DeNexus Expands Cyber Risk Management Solution to Manufacturing and Energy Transmission & Distribution Sectors

Retrieved on: 
Tuesday, January 30, 2024

BOSTON, Jan. 30, 2024 /PRNewswire/ -- DeNexus, a leader in cyber risk quantification and management for operational technology (OT) and industrial control systems (ICS), today announced the extension of its Cyber Risk Quantification and Management (CQRM) solution, DeRISK, to the Manufacturing and Electricity Transmission & Distribution (T&D) sectors, adding to DeRISK for critical infrastructures in the electricity Power Generation sector. This strategic expansion brings industry-specific cyber risk modeling to these new industries served by DeNexus enabling companies to proactively manage their cyber risk, prioritize risk mitigation projects, and make informed cybersecurity investment decisions.

Key Points: 
  • BOSTON, Jan. 30, 2024 /PRNewswire/ -- DeNexus , a leader in cyber risk quantification and management for operational technology (OT) and industrial control systems (ICS), today announced the extension of its Cyber Risk Quantification and Management (CQRM) solution, DeRISK, to the Manufacturing and Electricity Transmission & Distribution (T&D) sectors, adding to DeRISK for critical infrastructures in the electricity Power Generation sector.
  • This strategic expansion brings industry-specific cyber risk modeling to these new industries served by DeNexus enabling companies to proactively manage their cyber risk, prioritize risk mitigation projects, and make informed cybersecurity investment decisions.
  • DeRISK enables Manufacturing and T&D companies to proactively address cyber threats by providing evidence-based analysis for risk prioritization.
  • "Having a solution like DeRISK is critical for organizations dedicated to fortifying their cyber resilience and for prudent risk and capital management.

Danfoss and Enersponse Partner to Enhance Accessibility of Automated Demand Response Solutions for U.S. Food Retailers

Retrieved on: 
Thursday, January 25, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240125536046/en/
    This collaboration aims to enhance energy flexibility in HVAC and refrigeration systems by unlocking benefits for the food retail sector with Enersponse’s Automated Demand Response (Auto-DR) solutions.
  • As the food retail industry undergoes a digital transformation, sustainability emerges as a key phase in its evolution.
  • “We are thrilled to partner with Enersponse to expand our offerings to food retail customers in the United States,” says Natalie Schnippering, Danfoss Head of Digital Services.
  • This proactive Smart Demand Response approach from Danfoss and Enersponse enables supermarkets to reduce electricity costs by lowering cooling loads during peak hours.

ITRI and Intel Taiwan Unveil Cutting-Edge Joint Lab for HPC Cooling Certification

Retrieved on: 
Friday, January 26, 2024

HSINCHU, Jan. 26, 2024 /PRNewswire/ -- The Industrial Technology Research Institute ( ITRI ) and Intel Taiwan have inaugurated the ITRI-Intel Joint Lab for HPC Cooling Certification.

Key Points: 
  • HSINCHU, Jan. 26, 2024 /PRNewswire/ -- The Industrial Technology Research Institute ( ITRI ) and Intel Taiwan have inaugurated the ITRI-Intel Joint Lab for HPC Cooling Certification.
  • Targeting liquid cooling technology, the lab offers comprehensive verification services, including materials property testing, compatibility assessments with server components, and service life cycle evaluations.
  • A letter of intent was signed between Intel Taiwan and ITRI.
  • As a leader in data center innovation, Intel is collaborating with ITRI to explore further advanced immersion cooling technology.

Metacon has entered into an exclusive license agreement with PERIC giving Metacon rights to build a 'Gigafactory' for the manufacture of own electrolysis systems

Retrieved on: 
Thursday, January 25, 2024

The agreement gives Metacon an exclusive right for a large number of countries in Europe to manufacture complete Hydrogen Generation Systems (HGS) based on PERIC's world-leading technology for pressurized alkaline electrolysis modules (stacks).

Key Points: 
  • The agreement gives Metacon an exclusive right for a large number of countries in Europe to manufacture complete Hydrogen Generation Systems (HGS) based on PERIC's world-leading technology for pressurized alkaline electrolysis modules (stacks).
  • Metacon will evaluate different forms of financing for the new factory including national and EU support programs.
  • PERIC has also launched a 10 MW electrolysis module, which is the largest in the world today.
  • This information is information that Metacon AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.

USD 1.16 billion growth expected in Electric Motors Accessories Market from 2022-2027, Analyzing growth in Aftermarket Segment - 17000+ Technavio Research Reports

Retrieved on: 
Thursday, January 25, 2024

Initiatives by the US government to promote electric vehicle acceptance, coupled with stringent design and manufacturing requirements, drive the development of energy-efficient accessories.

Key Points: 
  • Initiatives by the US government to promote electric vehicle acceptance, coupled with stringent design and manufacturing requirements, drive the development of energy-efficient accessories.
  • The expansion of industrial and construction sectors, along with a government focus on energy-efficient motors, contributes to high demand worldwide.
  • Electric Motors Accessories encompasses a range of crucial components such as Motor Controllers, Capacitors, Brushes, Bearings, and more.
  • The market thrives on innovations in components like Connectors, Gearboxes, and Servo Drives, contributing to the overall advancement of electric motors.

Subterra Renewables Confirms Breakthrough Performance for 2023 and Provides 2024 Guidance as Geothermal Energy Expands into Key North American Markets

Retrieved on: 
Wednesday, January 24, 2024

"We closed out 2023 on a very encouraging note as the clean energy move to geothermal increased across North America, driven by reduced costs and policy support - particularly in the U.S. - the biggest market for geothermal energy transitions," said Lucie Andlauer, CEO.

Key Points: 
  • "We closed out 2023 on a very encouraging note as the clean energy move to geothermal increased across North America, driven by reduced costs and policy support - particularly in the U.S. - the biggest market for geothermal energy transitions," said Lucie Andlauer, CEO.
  • "With North America leading the world's shift from conventional heating and cooling systems to renewables, we are projecting a further 40% growth in revenues this year.
  • Subterra and its affiliates recently increased its state-of-the-art drilling fleet to 70 rigs, amassing the largest geo-drilling fleet in North America with mobile, coast-to-coast access.
  • According to the International Energy Agency (IEA), 45% of the electricity generated in the U.S. in 2030 is projected to come from clean energy renewables .

MILE Advisory Releases Critical Data Report About Israel's Decarbonization Tech Ecosystem

Retrieved on: 
Wednesday, January 24, 2024

NEW YORK, Jan. 24, 2024 /PRNewswire/ -- MILE Advisory, a strategic consultancy firm specializing in energy and climate innovation, today released a report titled "Israel's Decarbonization Tech Ecosystem Report - 2023", focusing on the global decarbonization market and where Israel is succeeding and failing in aligning with global decarbonization demands. The report, based on extensive qualitative and quantitative data and research, is the first-of-its-kind survey of Israel's decarbonization technology efforts within its broader climate-tech ecosystem. This evaluation provides insights to inform private sector practices and government policies, guide VC investment strategies, and to foster startups that tackle real-world, demand-oriented problems.

Key Points: 
  • NEW YORK, Jan. 24, 2024 /PRNewswire/ -- MILE Advisory , a strategic consultancy firm specializing in energy and climate innovation, today released a report titled " Israel's Decarbonization Tech Ecosystem Report - 2023 " , focusing on the global decarbonization market and where Israel is succeeding and failing in aligning with global decarbonization demands.
  • The report, based on extensive qualitative and quantitative data and research, is the first-of-its-kind survey of Israel's decarbonization technology efforts within its broader climate-tech ecosystem.
  • Through meticulous and proprietary classifications from various sources and databases, MILE Advisory developed a curated list of Israeli technology startups operating in the decarbonization space.
  • The list, available separately from the report, provides the first-of-its-kind categorization of Israeli startups that focus directly on decarbonization and those that are enabling decarbonization efforts.