April 17, 2023 /Economy/ — The global energy transition is a complex and challenging process, with many trade-offs to consider. On the one hand, we need to reduce our reliance on fossil fuels in order to mitigate climate change. On the other hand, we need to ensure that the transition is fair and equitable, and that it does not lead to environmental or social problems.
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TAE Technologies, the world’s largest private fusion energy company, today announces the formation of a new subsidiary, TAE Power Solutions.
Spun out from TAE Technologies, TAE Power Solutions intends to deliver a first-of-its-kind technology to fundamentally improve the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage. The proprietary technology platform is derived from fusion research, and is a foundational step toward mass onboarding of electric vehicles and deployment of intermittent renewable energy as dispatchable power. Continue reading
A new survey of 6,000 homeowners and renters from across the globe has revealed that nearly 9 in 10 (89%) respondents globally ignore what’s best when it comes to energy efficiency in the home, despite 80% of those surveyed knowing how to use their household appliances in an energy efficient way. Continue reading
A particularly cold September has given us a glimpse of the winter to come. The cold will bite hardest for the 13% of England’s households that are already in fuel poverty. As the energy crisis intensifies, this is expected to rise further.
Katharina Richter, University of Bristol; Alix Dietzel, University of Bristol, and Alvin Birdi, University of Bristol
The day before new UK chancellor Kwasi Kwarteng’s mini-budget plan for economic growth, a pound would buy you about $1.13. After financial markets rejected the plan, the pound suddenly sunk to around $1.07. Though it has since rallied thanks to major intervention from the Bank of England, the currency remains volatile and far below its value earlier this year.
Tom Jackson, Loughborough University and Ian R. Hodgkinson, Loughborough University
More than half of the digital data firms generate is collected, processed and stored for single-use purposes. Often, it is never re-used. This could be your multiple near-identical images held on Google Photos or iCloud, a business’s outdated spreadsheets that will never be used again, or data from internet of things sensors that have no purpose.
The conductive fast-charging system as we know it today has drawbacks such as long dwell times, high power demand from the grid, availability and reliability issues, and the need for end-users to deal with heavy cables, dirty connectors, and buggy user interfaces. Battery-swapping is an emerging technology that aims to address all of these shortcomings. Besides easily upgrading battery technology, reducing the purchase price of EVs (by decoupling the cost of the battery from the EV), and massively decreasing charging times, it is also important to note that the battery swapping stations themselves can become independent energy storage facilities with grid-balancing ability. As we electrify the various vehicle segments, can battery swapping be considered a viable recharging strategy for them all? Continue reading
While Norway, the Netherlands and Germany are leading the race on electrification and infrastructure provision with a planned ratio of 3 EVs per public charge point, many European countries are lagging behind. In contrast, there are currently 22 EVs per public charge point in Ireland, and 27.2 EVs per public charge point in the UK. Increasing the number of grid-tied chargers is often a difficult, lengthy and cost onerous process because of grid constraints and aging infrastructure. Continue reading