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Archive for May, 2024

Some observations on the European flexibility market

The role of flexibility in a modern energy system with a large share of renewable energy is undisputed. Flexibility comes from energy storage systems co-located with renewable production sites,... continue reading

US electricity demand from EVs jumps to new highs in early 2024

LITTLETON, Colorado, May 22 (Reuters) – United States electricity consumption from electric vehicles (EVs) over the first two months of 2024 jumped by over 50% from the same months... continue reading

Portugal’s new govt committed to developing offshore wind, minister says

LISBON, May 27 (Reuters) – Portugal’s new government is committed to developing offshore wind energy and also sees “repowering” onshore wind farms and promoting solar projects, including small-scale ones,... continue reading

Reality check: Hydrogen’s role in the decarbonized economy.

I used to think about hydrogen as a game-changing fuel that could significantly decarbonize the economy and I was somewhat disappointed reading the recent article in the Financial Times... continue reading

be.storaged helping to unlock the power of flexibility

As the share of renewables in the energy system increases, so does the importance of flexibility to offset the volatility of renewable production. With availability of conventional fossil power... continue reading

Large European Utilities (temporarily) scale down investments into renewables.

As the Financial Times reported on the 20th of May (https://on.ft.com/3V93KSN), several major European energy companies are apparently reassessing or reducing their renewable energy targets due to high costs... continue reading

KYOS Analytical Platform supporting transition to clean energy.

Recently, I had the pleasure of conversing with a senior consultant at KYOS, a company that offers a range of analytical software tools and services. When examining the breadth... continue reading

Energy Exemplar Acquires Adapt2 Solutions

Energy Exemplar Acquires Adapt2 Solutions Strengthening a world-leading energy modeling and simulation platform accelerating the energy transition We see fantastic opportunities ahead of us to enhance our value proposition... continue reading

Voltus and Resideo Launch New Residential Thermostat Virtual Power Plants in PJM ComEd and NYISO PSEG-LI Territories

Residents with Honeywell Home, ecobee, or Google Nest thermostats can earn cash for reducing electricity usage during grid emergencies   SAN FRANCISCO and BOSTON,  May 14, 2024 — Voltus, Inc. (“Voltus”),... continue reading

Lots of Investor Interest in CTRM and Related Software

This last few months ComTech’s collective phones have been ringing off the hook with VC and PE firms expressing an interest in commodities and the technologies that support the... continue reading

Clean Energy and Maas Energy Works to build RNG dairy production plants

May 14 (Reuters) – Renewable energy firm Clean Energy Fuels (CLNE.O), opens new tab said on Tuesday it will jointly develop renewable natural gas (RNG) production plants at dairy farms across... continue reading

Data Management Trends in Energy & Commodities – CTRMRadio 44

In this episode of CTRMRadio we look at data management in energy & commodities by talking with four vendors – two existing vendors and two SaaS newcomers in the... continue reading

Will Hydrogen help keep Gas pipelines flowing at full capacity?

As we transition from fossil fuels to cleaner and renewable energy sources, Hydrogen may flow alongside Natural Gas throughout the extensive Natural Gas Pipeline networks.  In this post I... continue reading

VuePoint Solutions – Quietly Building UK ETRM Market Share

It had been a while since we heard from UK-based VuePoint Solutions, but a recent spate of marketing emails prompted me to reach out for an update. I connected... continue reading

Are Sales Cycles Lengthening?

In talking to a variety of vendors across the CTRM space and beyond, I am getting feedback that sales cycles appear to be lengthening. Wether it be a traditional... continue reading

Renewables provided record 30% of global electricity in 2023, Ember says

LONDON, May 8 (Reuters) – Growth in solar and wind power pushed renewable generation to a record 30% of global electricity production in 2023, putting a global target to... continue reading

ComTech Starts New VPP Research Project

Recent developments in the European energy system show a significant decrease in coal- and gas-based power generation and a concomitant increase in renewable energy sources. However, wind and solar... continue reading

Singapore Airlines buys sustainable aviation fuel from Neste

SINGAPORE, May 6 (Reuters) – Singapore Airlines Group (SIAL.SI), opens new tab (SIA) ordered 1,000 tons of sustainable aviation fuel from refiner Neste (NESTE.HE), opens new tab, the first supply of such... continue reading

Italy split on possible solar plant curbs that may jeopardise green goals

ROME, May 6 (Reuters) – Italy’s rightwing coalition is split over a possible ban on the installation of solar panels on agricultural land, according to draft decrees and government... continue reading

Kevin Mossop Joins ComTech as an Affiliate Analyst

Kevin Mossop has joined ComTech as an affiliate analyst. Kevin is a veteran in the E/CTRM side of things with 30 years’ experience providing software solutions in the ETRM space. ... continue reading