The man who keeps the electrons flowing inside one of Austria’s oldest power plants is actually often caught off guard when its turbines thrum to life with the thumping baritone of a giant washing machine. The Kaprun hydroelectric station may be 70 years old, but Helmut Biberger’s job is to ensure it can handle the rapid swings in modern electricity markets.
Blockchain – a really high-tech “spreadsheet” or ledger used to record transactions securely – offers exciting potential for clean energy. With the rapid rise of distributed energy technologies — such as rooftop solar, batteries, smart energy devices, and electric vehicles — some analysts believe the market for blockchain applications in the energy sector is many times larger than it is for cryptocurrency in the financial sector.
The Energy, Science, Technology, Environment and Climate Change Ministry has set a target of 20% of the country's electricity to be generated from renewable sources by 2030. Minister Yeo Bee Yin said her ministry is having a series of meeting to ensure the national grid is prepared to cater for this renewable energy generation mix, as well as to study the policies to meet its target.
The Ministry of Electricity and Energy (MOEE) in Myanmar is drafting a renewable energy law to develop the sector. The ministry is aiming to generate 8 percent of the country’s electricity through renewable sources of energy by 2021. By 2025, the target is for 12pc of all electricity generated in Myanmar to be renewable.
In two years time, Việt Nam could stop building new coal plants, while maintaining a safe, affordable and secure energy system. This is a result of a draft report themed “Ensuring justice in the energy transition in Việt Nam” composed by the Việt Nam Sustainable Energy Alliance (VSEA).
BCPG Public Company is looking at ways in which innovation in technology and energy management are encouraging consumers to generate reusable energy and sell it on the retail market.Diversifying into more types of renewable energy and seeking innovative products and services is central to the company’s strategy of fulfilling consumer needs.
Policymakers plan to implement peer-to-peer trading in the near future after Thailand's reliance on an enhanced single buyer model for more than three decades. The global trend of electricity generation uses a variety of models, including peer-to-peer trading and smart grids, and Thailand must adapt to these changes.
The government of India has readied a raft of power sector reforms, including implementing the direct benefit transfer scheme in the electricity sector for better targeting of subsidies, freeing renewable energy from licensing requirement for generation and supply, and promoting retail competition.