This Week's News - Energy

A weekly newsletter mainly on renewable and digital energy related news. If you find this interesting, I’d really appreciate it if you could share the love and pass it on to others who might enjoy it as well!

Intertrust News

• Julian Durand is the Chief Security Officer and Senior VP of Product Management at Intertrust? How To Securely Integrate IT And OT Through Advanced IoT Protocols (Forbes)

Energy News

• “NESO’s modelling of the 2030 target includes a scenario where “demand-flexibility” rises from just under 3GW currently to about 11-12GW…”? Flexibility over electricity use key to UK’s 2030 green power target, says adviser (Financial Times $)
• Benefits include decreases in renewable energy curtailment and need for expanding the distribution system and more capacity? Bidirectional Charging (V2G) Could Save Europeans $23 Billion A Year (CleanTechnica)
• PV systems get used as a botnet for illegal money transfers? What happens when malware hits PV systems (PV Magazine)
• “Future inverters must include strong security capabilities to defend against cyber attacks and preserve the reliability of the electric grid”? Grid-resilient inverters are exposed to cyber-physical threats (PV Magazine)
• “Key functionalities of the API include data provisioning, use of the structured JSON data format, enhanced security via the HMAC protocol with SHA-256 encryption and a data transmission error handling and retry mechanism”? eFORT project introduces Intelligent Platform API to enhance data exchange and interoperability (Smart Energy International)
• “Grid-friendly flexibility” is called out as a key strategy? Eurelectric: six technologies to speed up Europe’s grids improvements (Smart Energy International)
• Bitcoin mining as a grid balancing mechanism? Deutsche Telekom to Pilot Bitcoin Mining Scheme Using Surplus Energy (Decrypt)

• More good news on the clean energy front?
• Energy efficiency investment to hit $660bn in 2024: IEA (Arab News)
• EU greenhouse gas emissions fell by over 8% in 2023, driven by impressive growth in renewable energy (Press Release)
• UK grid operator calls for 47 GW of solar by 2030, deployed at 4.6 GW per year (PV Magazine)
• Japan to help Romania generate green electricity destined for Ukraine (Nikkei Asia $)
• India to Revamp Power Demand Forecasting for Better Planning (Bloomberg $)
• India sets new record with 17.4 GW of solar in first nine months of 2024 (PV Magazine)
• Ireland to hit 5GW wind milestone by year-end (Renews.biz)
• Singapore on track to hit 2030 solar targets (PV Magazine)
• Austria deploys 1.4 GW of new solar in January-September period (PV Magazine)
• Colombia adds 104 MW of new solar in Q3 (PV Magazine)
• Ecuador issues new law to address energy crisis with renewables (PV Magazine)
• ‘Green bank’ launches $250M effort to electrify California’s port trucks (Canary Media)

• And some headwinds for clean energy
• The World Promised to Tame Methane. Emissions Are Still Rising (Bloomberg $)
• World’s largest transformer maker warns of supply crunch (Financial Times $)
• Solar stocks tank on fears Trump will hamper clean energy progress, repeal IRA (CNBC)
• Vestas, Nordex and Orsted shares plunge as Trump claims win in US (Recharge)
• US power generators pump the brakes on coal plant retirements (S&P Global)
• US residential solar market turmoil reached new heights this year (Wood Mackenzie)
• Slumping Wind Generation Prompts Emergency in Europe as Power Prices Surge (Oilprice.com)
• Brazil lifts coal imports to record as hydro hit lingers (Brazil Energy Insight)
• Ireland to miss 2030 solar targets by at least 2.9 GW, says SEAI (PV Magazine)
• Ethiopia bans imports of gas-powered private vehicles, but the switch to electric is a bumpy ride (AP)
• Home rooftop solar dips in N.C. after Duke Energy reduces payments, but many installers unfazed (Energy News Network)

• The good and the bad for clean energy
• Why China’s Solar Boom Is a Bust for Its Leading Players (Wall Street Journal $)
• North Carolina OKs Duke Energy plan to add 3.6 GW gas-fired capacity, 7 GW renewables (Utility Dive)

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