Renewable energy transition

$2.18 Billion Home Energy Management Systems Global Market to 2026 - by Product Type, Communication Technology, Software & Services and Region - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 23, 2021

The "Home Energy Management Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Home Energy Management Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
  • The global home energy management systems market reached a value of US$ 2.18 Billion in 2020.
  • Looking forward, the publisher expects the global home energy management systems market to exhibit strong growth during the next five years.
  • Home energy management system is a smart electronic device that is used to manage the consumption of energy in households.

Quidnet Energy and Emissions Reduction Alberta partner to develop transformative energy storage resource

Retrieved on: 
Thursday, June 17, 2021

EDMONTON, Alberta, June 17, 2021 /PRNewswire/ --Taking a step towards reliable renewable energy in Alberta, Quidnet Energy and Emissions Reduction Alberta (ERA), with funding from the Government of Alberta, launched an ambitious project to develop an ultra-low-cost, multi-gigawatt (GW) geologic energy storage resource in Alberta, utilizing Quidnet's modular pumped hydro storage technology.

Key Points: 
  • EDMONTON, Alberta, June 17, 2021 /PRNewswire/ --Taking a step towards reliable renewable energy in Alberta, Quidnet Energy and Emissions Reduction Alberta (ERA), with funding from the Government of Alberta, launched an ambitious project to develop an ultra-low-cost, multi-gigawatt (GW) geologic energy storage resource in Alberta, utilizing Quidnet's modular pumped hydro storage technology.
  • Energy storage solutions like the one developed by Quidnet Energy, store excess energy from renewables in geological formations and dispatch it when demand increases on the power grid.
  • Quidnet Energy's modular pumped storage technology provides the long-duration energy storage that can make widespread use of renewable resources reliable and effective.
  • This project is another example of Alberta taking action to develop the solutions the world needs to achieve its emissions reduction goals."

Canada Invests Over $960-Million in Renewable Energy and Grid Modernization Projects

Retrieved on: 
Wednesday, June 2, 2021

OTTAWA, ON, June 2, 2021 /CNW/ - Harnessing Canada's immense clean energy resources requires transformational investments to modernizeour electricity grid.

Key Points: 
  • OTTAWA, ON, June 2, 2021 /CNW/ - Harnessing Canada's immense clean energy resources requires transformational investments to modernizeour electricity grid.
  • The Government of Canada is investing in renewable energy and upgrading the electricity grid to make clean, affordable electricity options more accessible in communities across Canada.
  • The Honourable Seamus O'Regan Jr., Minister of Natural Resources, today launched a $964-million program to support smart renewable energy and grid modernization projects that will lower emissions by investing in clean energy technologies, like wind, solar, storage, hydro, geothermal and tidal.
  • The Smart Renewables and Electrification Pathways Program (SREPs) supports building Canada's low-emissions energy future and a renewable, electrified economy through projects that focus on non-emitting, cleaner energy technologies, such as storage, and modernizing electricity system operations.

Con Edison Invests In Summer Reliability While Leading The Clean Energy Transition

Retrieved on: 
Wednesday, June 2, 2021

Meanwhile, the company continues to lead New York State's transition to a low-carbon, clean energy future.

Key Points: 
  • Meanwhile, the company continues to lead New York State's transition to a low-carbon, clean energy future.
  • Con Edison is adding energy storage to its system and investing in transmission to bring renewable energy to customers.
  • "Their desire for clean energy will help keep our region safe and sustainable for generations to come."
  • Con Edison supports the environmental goals of New York City and New York State, as it makes clear in its Clean Energy Commitment .

Global Renewable Energy Industry Guide 2020 - ResearchAndMarkets.com

Retrieved on: 
Thursday, May 27, 2021

The "Renewable Energy Global Industry Guide 2015-2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Renewable Energy Global Industry Guide 2015-2024" report has been added to ResearchAndMarkets.com's offering.
  • The global renewable energy market had total revenues of $811.7bn in 2019, representing a compound annual growth rate (CAGR) of 9.7% between 2015 and 2019.
  • The Asia-Pacific region has the highest share of global revenues from renewable energy, and sees the highest levels of growth from its emerging economies
    The global Renewable Energy industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2015-19, and forecast to 2024).
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global renewable energy market

Duke Energy begins construction on 22.6-megawatt Cabarrus County, N.C., solar project

Retrieved on: 
Wednesday, May 26, 2021

CHARLOTTE, N.C., May 26, 2021 /PRNewswire/ --Expanding its rapidly growing clean-energy portfolio, Duke Energy has begun construction on the 22.6-MW Speedway Solar power plant in Cabarrus County.

Key Points: 
  • CHARLOTTE, N.C., May 26, 2021 /PRNewswire/ --Expanding its rapidly growing clean-energy portfolio, Duke Energy has begun construction on the 22.6-MW Speedway Solar power plant in Cabarrus County.
  • The project will be owned and operated by Duke Energy Sustainable Solutions, a new commercial brand that includes Duke Energy Renewables.
  • "Duke Energy is making an aggressive push to expand renewable energy, reduce carbon emissions and achieve a net-zero carbon goal for 2050," said Stephen De May, Duke Energy's North Carolina president.
  • Under North Carolina's Competitive Procurement for Renewable Energy, proposed projects must be built where there is a need for energy capacity on the Duke Energy system in North Carolina or South Carolina.

Canada and FCM Invest in Energy Efficiency in Prince Edward Island and Nova Scotia

Retrieved on: 
Wednesday, May 19, 2021

The program will finance residential projects for energy efficiency, renewable energy and energy storage across the three municipalities.

Key Points: 
  • The program will finance residential projects for energy efficiency, renewable energy and energy storage across the three municipalities.
  • We are investing in lowering emissions, helping Canadians save money by reducing their energy bills and creating jobs.
  • Today\'s announcement with our federal partners helps communities in Prince Edward Island and Nova Scotia build a greener, more sustainable Canada.
  • We are really excited to help PACE scale across Canada in 2021, which I\'d call the year of climate finance.

Investing in Indigenous Clean Energy Projects in Newfoundland and Labrador

Retrieved on: 
Wednesday, May 19, 2021

Canada is investing an additional $300 million over five years to help rural, remote and Indigenous communities, currently reliant on fossil fuels, to transition to clean, reliable energy by 2030.\n"Canada will reduce the reliance on diesel for heat and power in rural and remote communities by increasing the use of local renewable energy sources and improving energy efficiency.

Key Points: 
  • Canada is investing an additional $300 million over five years to help rural, remote and Indigenous communities, currently reliant on fossil fuels, to transition to clean, reliable energy by 2030.\n"Canada will reduce the reliance on diesel for heat and power in rural and remote communities by increasing the use of local renewable energy sources and improving energy efficiency.
  • We will continue to empower and support local efforts toward sustainability and meeting the challenges of climate change.
  • They\'re finding the low-emissions solutions to build the clean energy future we need.
  • Titjaluk Logistics set up a firewood yard in Roddickton on the island of Newfoundland, where firewood is abundant.

TIAA General Account is Committing to Achieving Net Zero Carbon by 2050

Retrieved on: 
Wednesday, May 12, 2021

b'NEW YORK, May 12, 2021 /PRNewswire/ -- TIAA, a leading provider of secure retirements and outcome-focused investment solutions to millions of people and thousands of institutions, has committed to achieving net zero carbon emissions in its General Account by 2050.

Key Points: 
  • b'NEW YORK, May 12, 2021 /PRNewswire/ -- TIAA, a leading provider of secure retirements and outcome-focused investment solutions to millions of people and thousands of institutions, has committed to achieving net zero carbon emissions in its General Account by 2050.
  • "As an active manager of a diversified investment account, we will get to net zero over time through investment selection, portfolio repositioning and continued engagement with companies and carbon producers to reduce emissions around the world.
  • "\nThe General Account will increasingly seek out investments in climate solutions, such as holdings in renewable energy, energy-efficient real estate and other companies making the transition to a low-carbon economy.
  • "We believe that this new target and strengthened commitment to responsible investing will help us drive better results and reduce risk.

N.C. regulators approve Duke Energy landfill solar project

Retrieved on: 
Wednesday, May 12, 2021

Duke Energy and Buncombe County will team up on the project.

Key Points: 
  • Duke Energy and Buncombe County will team up on the project.
  • "The solar landfill project is an important part of our initial strategy to accelerate the transition to clean, renewable energy.
  • "\nThe new solar plant will help meet the county\'s 2030 renewable energy goals, while providing energy to Duke Energy Progress customers in the Carolinas.\nSourcing its renewables from local generation was identified as a top priority during the county\'s renewable energy community engagement process.
  • For Buncombe County to include the solar power generated toward its 100% renewable energy goal, it will own the renewable energy certificates (REC) from the Duke Energy power plant to offset the energy used from the county\'s operations.