By Padma Edirisinghe
The opening day of NYEW 2019 started with a focus on innovation, explored current trends in the energy sector, utilization of state sponsors financing availability for businesses, approaches for empowering communities, discussed much needed green clean energy development, and navigating New York State state regulations.
On Jun 16, 2019, Argentina and Uruguay saw a massive electrical failure that was first of its kind. Millions of people were affected due to a failure in the system. Though the exact cause of the failure still needs to be figured out, there is a possibility that this could have happened by excessive rainfall. Argentina has recently been hit by heavy rainfall which, as reported by UTE, Uruguay’s state-owned utility, has damaged some systems and that they need to be repaired.
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The New York Senate has passed its own version of the Green New Deal that aims to triple solar power. This would increase the amount of solar power in New York to 6 GW by the year 2025. The current solar power production stands at only 1.7 GW.
It also calls for 100% emissions-free electricity by 2035. Another target is to produce 9 GW of offshore wind power by 2035. Currently, the state does not produce any electricity from offshore wind.
“New Yorkers have always been known for their resiliency and boldness, and our city must approach its challenges with progress that is worthy of our residents. From Retrofitting all public buildings to pioneering a global protocol for cities to attain carbon neutrality by 2050, my administration remains committed to protecting people of all backgrounds from the impacts of climate change and we are grateful to NYEW for its partnership in this work.
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Disruptors of the Energy Industry
The first Disruptors Day of New York Energy Week 2019 will be an exciting event with Disruptors who are each tackling a different challenge of the energy industry. Finalists were selected from a competitive pool of over 30 applicants.
As the electrical storage industry heats up in New York, the thermal energy storage market has continued its run of success across the state. Trane®, a leader in ice–based thermal energy storage solutions to New York customers, had another great year in 2018, with new projects at prominent sites across New York State.
Trane Thermal Battery™ cooling systems use a thermal energy storage concept that is deceptively simple: buildings store energy in the form of ice.
By Lindsay Drogin
It is said while Alexander Bell would find modern cellular communications technology incomprehensible, Thomas Edison would easily understand today’s electric grid where electricity is pushed one way from the generators to the end users.
Facebook is working towards building a solar farm in Texas. The farm, which will probably be the largest solar project in the U.S., is Facebook’s first direct investment in renewable energy.
Longroad Energy has partnered with Facebook on the $416 million project is expected to generate the power required for 72,000 homes. Known as Prospero Solar, the project will have a capacity of 379 megawatts.
As reported by Longroad, Facebook will be the sole tax equity investor in the project.
By Monika Brzostowska
Do you remember that Disney Channel movie about the Smart house that became so smart that it ended up trapping the people living in it because it became jealous (Smart House, 1999)? What a concept! Lucky for us, the Smart Technology that exists out in the world now does not do anything like that, but it sure is up to that level of intelligence. It is amazing how something that was once considered a “Sci-Fi” movie idea has become our everyday reality.
The European Union had set a binding target of 20% energy consumption from renewable sources by the year 2020. They are also expected to have at least 10% of their transport fuels sourced from renewable energy sources by the end of the year 2020.
However, as of now, France is deemed lagging in its efforts to generate 23% of its energy from renewable sources, which it set as its national target. It was able to generate only 16.