Power & Energy Solutions

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ENA has made it easier for companies to provide flexibility services to the energy sector by refreshing and streamlining a common contract used across the sector. The updates, published today, offer more transparency and will unlock liquidity in local markets for flexibility, ultimately pushing down energy bills in the long term. The standard contract has been created through ENA’s leading Open Networks project, with input from distribution network operators and National Grid Electricity System Operator, to provide a consistent GB-wide core agreement for those wishing to provide vital flexibility services to the networks. It will help take the transition to the smart grid to the next level and marks another step forward in bringing consistency across the industry. The new contract has been developed with feedback from a range of industry stakeholders including Ofgem and the Department for Business, Energy and Industrial Strategy. Key updates include: simplifying the core contract, providing increased alignment with ESO approach making clauses more accessible across the agreement making the process more accessible to aggregators The energy networks have made significant progress on flexibility services since the launch of a dedicated workstream as part of ENA's Open Networks project at the beginning of 2019. With over 2GW of flexibility tendered

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All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated. Calgary, Alberta, February 25, 2021 – Eguana Technologies Inc. (TSX.V: EGT) (OTCQB: EGTYF) (“Eguana” or the “Company”) is pleased to announce that it has completed its previously announced private placement of special warrants of the Company (the “Special Warrants”) for aggregate gross proceeds of $20,000,000 (the “Offering”). Pursuant to the Offering, the Company issued 50,000,000 Special Warrants at a price of $0.40 per Special Warrant. Each Special Warrant is exercisable into one common share in the capital of the Company (each, a “Common Share” and collectively, the “Common Shares”) without payment of any additional consideration upon certain conditions being met. The Offering was led by Stifel GMP and Cormark Securities Inc., as co-lead and joint bookrunners, together with Mackie Research Capital Corporation (the “Agents”). In addition, and in connection with the Offering, Fort Capital Partners acted as a capital markets advisor to the Company. The Special Warrants were created and issued pursuant to, and are governed by the terms of a special warrant indenture between the Company and TSX Trust Company, and will be transferable and exercised in accordance with the terms and conditions of the special warrant indenture. In addition to strengthening

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A new training centre to give local people the specialist skills needed to work on electric vehicles has opened today at City of Wolverhampton College, thanks to funding from the West Midlands Combined Authority (WMCA). With only one in 20 mechanics in garages and dealerships currently qualified to maintain and repair electric vehicles[1], the WMCA is funding £250,000 for training at the centre to address this skills gap and help the region achieve its zero-carbon target by 2041. The aim is for 720 residents to be trained across all levels over 18 months, as the need for skilled electric vehicle mechanics is expected to grow significantly in the run-up to the Government’s ban on new petrol and diesel cars from 2030. The Electric Vehicle and Green Technologies Training Centre – the first of its kind in the UK – is also being match-funded by Kia Motors UK and industry training systems company Lucas-Nülle, who are jointly contributing £135,000 worth of electric cars, learning equipment and other training support. The opening of the centre follows the Government’s Skills for Jobs White Paper published last month, which focuses on the need for high-quality qualifications based on employer-led standards, and for further education colleges to play a

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Subject to approval by the regulatory authorities, Shell* will acquire 100% of Next Kraftwerke’s shares. As a part of the Renewables & Energy Solutions division at Shell, the German power trader and operator of Virtual Power Plants based in Cologne strengthens its position as a leading power trader for renewable energies. Following acquisition, Next Kraftwerke will operate as a portfolio company in the Shell group under its existing brand and core management team. Furthermore, all Next Kraftwerke staff will be offered continued employment following the completion of this acquisition. Hendrik Sämisch, founder and CEO of Next Kraftwerke, sees the partnership as a further sign for the progress of the global transformation towards a decarbonised energy system: “We are coming out of a fossil age lasting for nearly 200 years and are in the midst of the transformation to a more sustainable energy system. We will only be able to successfully shape this transformation if the players in the tradition-al energy industry actively drive it. My co-founder Jochen Schwill and I are convinced that we can help to further accelerate this change with this partnership.” Jochen Schwill adds: “The market for trading renewable energies is characterised by strong dynamics. For the next few years,

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 Customers in key markets worldwide can now choose carbon neutral1 lubricants across select brands, with Shell aiming to compensate for 700,000 tonnes of CO2e emissions per year.   [LONDON, 23 February 2021]: Shell today announced it will offer customers carbon neutral lubricants across a range of products for passenger cars, heavy duty diesel engines and industrial applications. Shell aims to offset the annual emissions of more than 200 million litres of advanced synthetic lubricants, expecting to compensate around 700,000 tonnes of carbon dioxide equivalent (CO2e)1 emissions per year, which is equivalent to taking approximately 340,000 cars off the road for one year2. “Shell has set a target to become a net-zero emissions energy business by 2050, in step with society and our customers,” said Carlos Maurer, Executive Vice President, Global Commercial at Shell.  “We know our customers are looking for ways to reduce their net carbon footprint, and as the world’s leading lubricants supplier we have an important role to play. That is why I am pleased to announce the largest carbon neutral programme in the lubricants industry, and one that compensates for the full lifecycle emissions of our products. From today, our consumers, commercial drivers and industrial customers can now enjoy

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Brussels, 19 February 2021: Robotization has significantly lower productivity effects than previously assumed and may cause falling wages, according to a new study from EconPol Europe. The study also rejects previous research findings that the technology causes skill-biased technological change and instead finds the opposite to be true. The findings are the result of an analysis of data from the International Federation of Robotics (IFR), currently the most widely used data on the economic effects of robotization. The authors of the EconPol study claim that using the data can be misleading if information on sectors that are either unaffected by or only marginally exposed to robotization is combined with those which are heavily affected, such as manufacturing. Dr. Benjamin Bittschi (EconPol Europe, IHS Vienna), is co-author of the research. “By concentrating only on those sectors that really use robots and excluding the sectors that virtually have no robots we show that previous results have to be reversed,” he says. “In particular, this restriction leads to the fact that we no longer have any effects of the robots on productivity, prices, wages and the skill-composition of the workforce.” Fears that automation will lead to mass unemployment are a recurring social and economic issue. In

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The world-leading pump manufacturer, Framo, has invested to become joint partner with fish farming company Lingalaks in the company StadionLaks. The two companies aim to collaborate on the development of the Stadion Basin innovation project, a closed, floating production system for salmon, scheduled for completion in 2023. “The objective with the Stadion Basin is to eliminate problems with salmon lice, accidental release and organic waste, and to provide good growing conditions for salmon. We are delighted that Framo has decided to invest in this important project,” confirms Erlend Haugarvoll, Chairman of the Board for Lingalaks and StadionLaks, the company behind the Stadion Basin project. A closed, floating production basin Framo and Lingalaks have now signed an agreement for joint ownership (50/50) of the project, which has been awarded development licences equivalent to 1,849 tonnes of biomass. The basin is designed as a floating, closed, through-flow production unit for salmon farming measuring 39 x 117 metres. Seen from above the basin looks like a sports stadium – hence the name (stadion is the Norwegian word for stadium). “We decided to take part in this project so that we can develop and test new pump technology in the field. Our expertise lies in moving

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Britain’s electricity and gas network operators have joined together to launch a ground-breaking proof-of-concept project that uses the power of data to support a more efficient pathway to Net Zero. Building on the recommendations of the UK government’s Energy Data Taskforce, Energy Networks Association (ENA) is working with Ordnance Survey (OS) and 1Spatial to build an in-depth digital system map of the UK’s energy system. This proof-of-concept project will test the model ENA is developing for a full National Energy System Map which will include network assets, generators, and energy intensive users. Network data from all Britain’s electricity and gas network operators will be pulled into an integrated, digital energy system map covering the entirety of Great Britain. The map will provide customers with information about energy network assets, where those assets are located as well as who owns them. Making this information available will significantly improve investment decisions, support new markets like the UK’s world-leading local flexibility market, and help bring new renewable connections to the energy networks. A fully integrated, scalable and secure data sharing platform is also the first step towards developing a National Energy System Map. The value of accurate and trusted geospatial data is recognised across the energy industry

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On Wednesday, February 17, 2021, Nexans has disclosed its 2020 financial results. The company has successfully anchored its transformation by unlocking value and setting a strong financial footing across the Group. This relies, amongst other things, on a steady EBITDA performance and net income turnaround as well as an outperformance in ROCE and free cash flow and a 10-year low Net Debt. The same day Nexans Capital Markets Day took place virtually with hundreds investors from around the world. Nexans presented the purpose, the medium-term strategy, and the long term ambition including a report card of the New Nexans Project introduced in July 2018. Because the global warming is accelerating; because the blackouts are happening more frequently; and because the world will become electric much faster than planned, it is the time to change. By 2024, Nexans will become a pure player in electrification, and it will lead the charge to a safer, sustainable, renewable, decarbonized and accessible new world of electrification. Nexans has also seized this opportunity to announce 2 major partnerships. Orange becomes one of the preferred connectivity partners of Nexans for the worldwide deployment of its IoT solutions. And Nexans will work closely with Schneider on circular economy.

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Houston, Texas, USA, February 16, 2021 – deugro USA is bolstering the strong team in Houston, Texas and has appointed Jolie Cosman as Senior Business Development Manager, effective February 16, 2021. In her new role at deugro, Jolie Cosman will contribute her exceptional knowledge of logistics and her experience in the industry to the team. She worked in operational, commercial and management roles before running her own freight forwarding and Letter of Credit consultancy business as The LC Whisperer for the past 14 years. She is now making a pivotal change in her career and has decided to join deugro’s global organization. “Jolie Cosman is a true front-line professional with a lot of energy, who is able to support and lead a wide range of customer solutions for deugro USA. We look forward to welcoming her to the team,” said Tobias M. Schultz, Executive Vice President, deugro group. Born in Uruguay, Jolie Cosman continues to have strong ties to South America. The deugro teams in Brazil, Peru, Chile and Uruguay are looking forward to working with Jolie Cosman, as is deugro worldwide. In addition to her work in logistics, Jolie Cosman has been a certified member of the Houston District Export Council since

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