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.
Solar energy is making inroads in developing countries as costs falling
Monday, 29 April 2019
Solar panel installations have shown remarkable growth recently due to its potential of becoming a more cost-effective option compared to the conventional power sources. Solar power provides a better alternative to reduce fossil fuel consumption and consequently save on energy costs. The rising fossil fuel prices, abundant solar resource, lack of power infrastructure in remote
- Published in Energy
Applications of Blockchain Technology in the Energy Market
Thursday, 20 September 2018
Blockchain technology is an emerging IT-driven development supported by cryptography. The technology is considered one of the biggest transforming mechanisms expected to change the face of various industries in the coming years. Decentralisation is the main attribute behind the blockchain technology which is not only providing power to all market participants but also increasing the
- Published in Energy
Smart meters help energy companies in efficiency and support green energy
Friday, 31 August 2018
Smart meters in the residential sector are considered an important advancement in the energy sector. The use of smart meters is beneficial when it comes to controlling the energy use. It saves money by preventing the risk of error and estimated bills by providing real-time readings. The UK has been increasing its renewable power generation
- Published in Energy
Fluorine-based electrolyte can improve capacity and stability of rechargeable batteries
Monday, 23 July 2018
Rechargeable batteries are pivotal to the success of many disruptive technologies, particularly for electric vehicles and energy storage system. However, capacity, stability and range anxiety remained some critical issues. In rechargeable batteries, materials like lithium-ion anode, nickel and high voltage cathode materials can cause instability. A group of researchers at the University of Maryland (UMD),
- Published in Energy
Blockchain to increase efficiency and transparency in the energy sector
Friday, 20 July 2018
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
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
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
The global outlook for solar panel and energy market
Tuesday, 12 June 2018
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
World’s first grid scale liquid air energy storage (LAES) plant launched
Monday, 11 June 2018
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
Green for Growth Fund (GGF) to co-finance Serbian wind energy sector at its inception
Friday, 08 June 2018
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