🔋 The global demand for energy technology is surging. According to the World Energy Outlook 2022 by the International Energy Agency (IEA), the global electricity demand is projected to increase by 80 to 150 % until 2050.
To meet the worldwide demand and efficiently support our customers, we at #Reinhausen are enhancing our global infrastructure and capabilities across multiple key regions. By investing in our facilities and workforce, we aim to ensure optimized operations, improve efficiency, and shorten delivery times, enabling us to better serve our customers and support the global energy transition.
➡️ Learn more about our expansion plans and how we're driving the energy transition: https://lnkd.in/deHbk3HQ#thepowerbehindpower#energytransition#innovation
In the wake of the Department of Energy's (DOE) December 2020 release of the Energy Storage Grand Challenge Roadmap, a comprehensive strategy aims to position the U.S. as a leader in energy storage by 2030. The #grandchallenge is a call to action for America to innovate, manufacture, and deploy energy storage technologies domestically, fostering a competitive edge in global markets. The roadmap, revised based on stakeholder feedback, sets forth ambitious targets, such as reducing the levelized cost of long-duration storage to $0.05/kWh and cutting the cost of battery packs for electric vehicles to $80/kWh. These goals underscore the DOE's commitment to enhancing grid reliability, fostering renewable energy integration, and ensuring energy resilience. As we contemplate the future, the grand challenge serves as both a directive and an opportunity to redefine energy storage, making it more accessible, efficient, and sustainable. Center for Strategic and International Studies (CSIS)https://lnkd.in/etUZXfAB
The U.S. energy storage market set a new first-quarter record in Q1 2024, installing 1,265 MW of capacity. With grid-scale, residential, and new projects on the rise, the future of energy storage looks bright. 🌟⚡
#EnergyStorage#RenewableEnergy#CleanTech#Sustainability#USMarket
The U.S. energy storage market set a new first-quarter record in Q1 2024, installing 1,265 MW of capacity. With grid-scale, residential, and new projects on the rise, the future of energy storage looks bright. 🌟⚡
#EnergyStorage#RenewableEnergy#CleanTech#Sustainability#USMarket
#ICYMI at our CEBA Connect: Spring Summit, Josh Kaplan hosted an engaging session that highlighted our recent CEBA Deal Tracker.
The tracker highlights that commercial and industrial companies have contracted for 81 GW of new clean energy capacity over the last decade, at least half of which is now online and represents 1 out of 5 GW of new carbon-free capacity added to the U.S. grid in that time. With 55 energy customers totaling nearly 13 GW of new utility scale, off-site clean energy in 2023, the tracker delves into the positive momentum carrying into 2024 and what this means for clean energy development in the coming year.
For more clean energy stats from the tracker, read our blog here: https://lnkd.in/dXgecFhc#CleanEnergy#CEBA#CONNECTatSUMMIT#DealTracker
💰💰💰 $70B DOLLARS! 💰💰💰
That's our estimate of the addressable market for VPP's (Virtual Power Plants) by 2030. What is a Virtual Power Plant, you may ask?
A Virtual Power Plant is a network of decentralized, grid-connected energy resources (both supply & demand), coordinated using advanced software to provide reliability, resiliency, system capacity, decarbonization, and a myriad of other benefits.
The confluence of the digital & AI revolution with the proliferation of behind-the-meter energy assets like rooftop solar, home batteries, smart thermostats, and EV chargers enable utilities, regulators, and power companies to re-think how we operate and manage the grid from a linear, thermal-based power flow to a smart, networked, on-demand system that reduces infrastructure spend and democratizes energy.
Download our latest whitepaper to learn more - incredibly honored to contribute to this project led by my colleague Michael Levy and Kevala, and supported by Paul Sayour and Margot Everett!
As the energy transition accelerates, virtual power plants (VPPs) are set to become a $70 billion market in the US by 2030. But what are VPPs and how do they contribute to a cleaner, more efficient energy supply? Baringa and Kevala collaborated on in-depth research to answer these questions and more. Download our report to explore the services and value propositions that VPPs bring, understand the driving forces behind their growth, and discover how utilities can effectively integrate them into the grid. https://ow.ly/T7H450SuAA9Michael LevyMartin SzczepanikMargot Everett#DigitalEnergyTransition#VirtualPowerPlants#PoweringTheEdge
As the energy transition accelerates, virtual power plants (VPPs) are set to become a $70 billion market in the US by 2030. But what are VPPs and how do they contribute to a cleaner, more efficient energy supply? Baringa and Kevala collaborated on in-depth research to answer these questions and more. Download our report to explore the services and value propositions that VPPs bring, understand the driving forces behind their growth, and discover how utilities can effectively integrate them into the grid. https://ow.ly/T7H450SuAA9Michael LevyMartin SzczepanikMargot Everett#DigitalEnergyTransition#VirtualPowerPlants#PoweringTheEdge
Achieving Net Zero by 2030 isn't just a goal, it's a mission that we are fully committed to. We're powering the future of energy storage by financing a key piece of the puzzle: Battery Energy Storage Systems (BESS).🔋📈
With a target of 970GW of grid-scale battery storage installed by 2030, the role of Battery Energy Storage Systems (BESS) is vital. From Europe to Asia to the Americas, our innovative financing is driving the global energy transition.🌍
#energystorage#netzero#BESS
As South America continues its path toward growth and development, the demand for a stronger and more efficient energy infrastructure is on the rise. 🌱⚡️ Upgrading and modernizing transmission lines has never been more essential to keep pace with this demand.
Power line hardware is at the heart of this evolution. From state-of-the-art insulators to smart grid technologies, these components are revolutionizing the way electricity is transmitted. They not only boost grid efficiency and reduce energy loss but also make it easier to integrate renewable energy sources, driving the region toward a greener future. 🌿
By prioritizing investments in advanced power line hardware, South American countries can significantly improve energy reliability, enable smoother cross-border energy trade, and lay the groundwork for a sustainable energy landscape. 🌎🔋
#PowerLineInnovation hashtag#SmartEnergy hashtag#SouthAmerica hashtag#Renewables hashtag#SustainableFuture hashtag#EnergyGrowth hashtag#InfrastructureUpgrades
👉 Read more: https://lnkd.in/g6zehrgW
📌 Webinar alert! The U.S. Department of Energy recognizes energy efficiency as one of the four pathways to reducing industrial emissions, but challenges persist. https://lnkd.in/eD_VwVqH
Join our executive webinar to discover how industrial producers can improve efficiency and competitiveness by rethinking their energy strategies.
📆 Date: 1 August ⌚ Time: 11:00 AM EST
🔎 What you'll learn:
- New Technologies and Solutions: Discover case studies on new technologies and solutions like floating photovoltaics that industrials can use to help with their decarbonization goals.
- Government Support: Explore how the U.S. Department of Energy is working with manufacturers to implement energy efficiency in their facilities and reduce their GHG emissions.
- Playing Offense: Enhance energy resilience by implementing measures such as demand-side reduction and energy audits to reduce peak demand and the amount of infrastructure investment.
Secure your spot and gain insights from industry leaders to stay ahead in the energy transition!
📥 Register Now: https://lnkd.in/eD_VwVqH#EnergyTransition#IndustrialDecarbonization#NetZero#EnergyEfficiency
Universidad Tecnológica Nacional. Assistant Manager at Edenor S.A.
7moKeep growing!