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Archive for October, 2024

World will miss Paris climate target as nitrous oxide rises, report says

WASHINGTON, Oct 31 (Reuters) – Failing to curb emissions of nitrous oxide will make it impossible to meet the main goal of the Paris climate agreement to keep global... continue reading

FIS European Energy User Group Meeting

Last week, I attended the annual FIS European Energy User Group meeting, held in the 2nd arrondissement of Paris, near the FIS office. The two-day event was well-attended by... continue reading

Grey Epoch selects Brady’s Igloo ETRM SaaS solution

We are thrilled to announce that Grey Epoch, a leading entity in the European emissions trading market has chosen ‘Igloo’, Brady’s SaaS solution for energy trading and risk management.... continue reading

ETTRadio – Conversation with Sunny Tiwana, Energy One – VPP Report

In this episode, Irina Reitgruber of Commodity Technology Advisory interviews Sunny Tiwana of Energy One about the recently released VPP report. Energy One was a sponsor of the study... continue reading

Commodity Technology Advisory Issues All New 2024 CTRM & RM Software Sourcebook

Brno, Czech Republic, 29.10.2024. Commodity Technology Advisory (ComTech Advisory), the leading analyst firm covering energy and commodity trading and risk management (E/CTRM) and related technologies, has released an all-new... continue reading

Hitachi Energy’s Positions Around the Energy Transition

Hitachi Energy occupy an interesting position as a vendor from our perspective as analysts. In earlier versions of our published book on CTRM software, we highlighted the asset heavy... continue reading

ComTech Advisory announces a market study of AI technologies in energy business

ComTech Advisory is excited to announce the launch of new market research focused on data management and AI in the energy sector. This new study follows our recently published... continue reading

Germany earmarks $3 billion for decarbonisation subsidies

BERLIN, Oct 15 (Reuters) – The German government has earmarked up to 2.8 billion euros ($3.1 billion) to support 15 industrial companies in their bid to decarbonise under its... continue reading

GM offering new home energy storage options for US EV owners

Oct 10 (Reuters) – General Motors (GM.N), opens new tab said Thursday its GM Energy unit is offering electric vehicle owners a home storage option to store and transfer solar energy,... continue reading

Renewable energy to fall short of UN goal to triple by 2030, IEA says

LONDON, Oct 9 (Reuters) – Renewable energy sources are set to meet nearly half of all electricity demand by the end of the decade, but to fall short of... continue reading

Nuclear Energy and AI: How hyperscale tech companies are shaping the power landscape

Recently, I came across several articles discussing the growing demand from hyperscale tech companies like Google, Amazon, and Meta for reliable, low-carbon, 24/7 electricity to power their data centers,... continue reading

AI in the energy business: hype or reliable future technology?

AI has become the key technology of our time, sparking debate among experts and policymakers about its potential benefits and risks. With the widespread availability of tools like ChatGPT,... continue reading

US looks to resurrect more nuclear reactors, White House adviser says

NEW YORK, Oct 7 (Reuters) – The Biden administration is working on plans to bring additional decommissioned nuclear power reactors back online to help meet soaring demand for emissions-free... continue reading

Exclusive: BP abandons goal to cut oil output, resets strategy

LONDON, Oct 7 (Reuters) – BP (BP.L), opens new tab has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s energy... continue reading

Virtual Power Plants in Europe: An In-Depth Look at Market Growth and Software Ecosystems

The concept of a Virtual Power Plant (VPP) is not new. Historically, it referred to power generation facilities that, while consisting of multiple production units, could be valued as... continue reading

France to stick with wind power development targets

PARIS, Oct 2 (Reuters) – France is aiming for a target growth rate of 1.5 gigawatts (GW) per year in onshore wind power, Energy minister Olga Givernet said on... continue reading

Exploring the Software needs for VPP

Commodity Technology Advisory Issues New Report Houston, TX and Brno, Czech Republic, October 2nd, 2024. Commodity Technology Advisory (ComTech Advisory), the leading analyst firm covering energy and commodity trading... continue reading

VPP Market Study

The European energy system is undergoing a revolutionary shift from fossil fuels to renewable energy sources known as the energy transition. However, the primary challenge facing energy systems with... continue reading

Facilitating The Energy Transition: Brady’s Approach – Interview with Chris Regan Managing Director of Brady Technologies

Recently, I had a chance to discuss market changes related to the energy transition with Chris Regan, the Managing Director of Brady. I asked him few questions, some were... continue reading