Commodity Inside covers a roundup of key market news covering Power infrastructure, batteries, lithium ion batteries, electricity news, blockchain in power and energy, microgrids, renewable etc.
Blockchain to increase efficiency and transparency in the energy sector
Friday, 20 July 2018
by Commodity Inside
Blockchain is helping to shift transactions and data management towards a decentralised ledger system to improve efficiency and transparency. The blockchain technology is expected to support the energy sector in the wake of revolutionising change from conventional energy towards renewable sources. According to the Governor of the Bank of Thailand, Veerathai Santiprabhob, the use of
- Published in Energy
Blockchain technology is to bring efficiency and reduce costs in the energy sector
Monday, 09 July 2018
by Commodity Inside
The blockchain technology has recently shown quite a robust growing trend, particularly in the financial sector. One of the key attributes of the technology is its drift towards a decentralised system which can save time and money. Amongst other sectors, there is also an enormous potential for the technology to be used in the energy
- Published in Energy
The US solar panel tariff has started impacting the market
Thursday, 28 June 2018
by Commodity Inside
The US imposed 30% import duty on solar cells and modules for four years early this year. The tariff will be decreased 5% each year and will reach 15% after four years. The domestic solar industry has already opposed the tariffs, warning of severe consequence to the industry. Since its imposition, solar energy companies cancelled
- Published in Energy
Tagged under:
energy
The global outlook for solar panel and energy market
Tuesday, 12 June 2018
by Commodity Inside
Environmental friendly policies are diversifying the global energy mix and helping renewable to increase its market share. The shift towards renewable is relatively faster in developed markets where environmental regulations are strict and incentives are higher. Solar power is one of the growing and emerging energy sectors which has been benefiting significantly from current legislation
- Published in Energy
Tagged under:
energy
World’s first grid scale liquid air energy storage (LAES) plant launched
Monday, 11 June 2018
by Commodity Inside
The UK firm Highview Power launched the world’s first gird scale Liquid Air Energy Storage (LAES) plant, with 5MW/15MWh energy storage capacity at Bury, UK. The LAES plant is developed in partnership with recycling and renewable energy company Viridor with over £8 million (~$10.6 million) funding from the UK government. The plant is a pilot
- Published in Energy
Tagged under:
energy
Green for Growth Fund (GGF) to co-finance Serbian wind energy sector at its inception
Friday, 08 June 2018
by Commodity Inside
GGF announced to provide about $37.6 million to Serbia for developing large scale wind power plants to help diversify the country energy sector and reduce emissions. The funds will co-finance the 42 MW Alibunar wind farm and the 158 MW Čibuk 1 wind farm. It is expected that these projects will reduce the emissions by
- Published in Energy
Tagged under:
energy
Power theft and lack of proper energy policies are primarily responsible for power outages in South Asia
Wednesday, 06 June 2018
by Commodity Inside
Power outages are very common in South Asia, particularly in small cities and rural areas. It is caused due to insufficient power generation capacity, poorly managed infrastructure and underfunded electricity generation capacity. The inconsistency and the lack of a serious government action plan also compounded the situation. Some countries do not have clear long-term policies
- Published in Energy
Tagged under:
energy
The Global Wind Energy Market Outlook 2018-2028
Wednesday, 06 June 2018
by Commodity Inside
The trend towards clean, affordable and reliable power remains one of the key drivers behind the growth in renewable energy. Unlike solar energy, wind power has a huge CapEx. So, to encourage private investors, governments around the world have been providing subsidies and incentives. The strict environmental regulations also supported the market, particularly in matured
- Published in Energy
AK Steel makes technical advancements to help improve its share in the grain oriented electrical steel market
Monday, 04 June 2018
by Commodity Inside
AK Steel launched a new family of high-permeability grain oriented electrical steel (GOES), which is specially designed for high- and ultrahigh-voltage transformers. The company disclosed that its new TRAN-COR X family of grain oriented electrical steel is a step improvement over its current TRAN-COR H steels. It is expected that the new grade steels will
A Strategic Outlook for the Global Lithium-ion Batteries Market to 2028
Wednesday, 09 May 2018
by Commodity Inside
Electric vehicles have not just been revolutionising the automotive sector, but it is also reshaping the energy and materials sectors. One of the key components of the smooth running of electric vehicles is the rechargeable battery. So far lithium-ion battery has emerged the main beneficiary from this new trend. Li-ion batteries have been in use
- Published in Automotive, Energy
Tagged under:
aluminium, automotive, autonomous technology, electric vehicles, lithium, metal, steel