Office of Electricity | U.S. Department of Energy’s Post

One simple edit .. I am CEO of sonnen USA .. not to be confused with my boss, who is CEO of sonnen (worldwide group). Besides that, this article is excellent! What a tribute to the success of the Virtual Power Plant model, sonnen's pioneering leadership in this area, and the Wattsmart Utah VPP in particular. The article even mentions the disruptive SOLRITE VPP PPA or "VPA!" So cool! https://lnkd.in/g74uZJQH

Our 2024-2026 Strategic Plan was developed in collaboration with our members. It reminds us about who we are and outlines Our Commitments, our Guiding Principles and our Focus Areas during this period. Safer Together plays an important role in defining how we move our industry forward. Active collaboration and participation by all companies working in our industry is key to building a community of safety leaders, that together create a safer Australian Energy Production Industry. We are Stronger and Safer Together. https://lnkd.in/gRMmnhmM

2023 was a pivotal year for CICE, with transformative new investments allowing us to broaden our reach and amplify our impact on the clean energy landscape. Take a look at our 2023 annual report, highlighting #cleanenergy leadership and more. https://bit.ly/48CvPoU

An honour to be invited to University of South California for a virtual presentation on transition to renewables in India, immensely grateful to Dean Garrett for kind invite & generous introduction, Prof Adler and brilliant students who attended for all 90 minutes! Ajay Porwal provided local logistic support.   India, world’s most populated country is also the fastest growing large economy. It has chosen rapid transition to renewables. Of the total power added in FY ‘23, 92% came from renewables. More than 50%, 500 GW will come from renewables, driven by solar, wind, small hydel, and biomass sources.   India's strategic equatorial solar belt, from 40° S to 40° N, makes it a prime solar energy beneficiary. India's solar journey surged from 2.6 GW in 2014 to 76 GW now, a 28-fold increase. Government schemes like PM-Surya Ghar,  targetting 10 million households with rooftop solar, offering 300 unit free electricity, subsidies, & REC assistance to be repaid by sale of surplus power to DISCOMS.   The International Solar Alliance (ISA), launched with France in 2015, has 120+ member countries, headquartered in Gurugram.   India's wind energy sector has emerged as a key player globally, country's extensive 7,600 km coastline an ideal landscape for offshore wind energy potential of 127 GW. India has promoted ambitious solar and integrated RE parks, with World’s largest 2.3 GW solar Park at Bhadla in Rajasthan powering 1.3 million homes, and World’s largest RE Park of Adanis in 280 sq miles salt area of Kutch in Gujarat, larger than Singapore and when completed, visible from space.   Recently, Green Hydrogen has surged pace in India. India's National Green Hydrogen Project, will position India as global leader in Green Hydrogen.   India's EV sector is set to revolutionize the auto industry, reaching the 3rd global auto industry position by 2030, with EVs capturing 40% market share and $100 billion revenues. The market, valued at $34.80 billion in 2024, will be $110.74 billion by 2029, 3.6 million cumulative EV sales by 2023, 1.6 million annual sales. 2-wheel EVs taking 85%-90%, 4-wheelers at 7%-9% and 3-wheelers at 5%-7%.   India is an ideal destination for renewable energy investments, with a staggering $92 billion investments  since 2014. Currently, there are renewable energy projects worth $197 billion in progress.  These include GIC, Abu Dhabi Investment Authority, Softbank, Brookfield, CPDQ etc. Investments already made, have surged, as the stocks of IREDA. As mentioned by PM Modi during his interview by Bill Gates, a time has come to measure a country’s growth through Green GDP, not mere GDP.   My presentation can be downloaded from link: https://lnkd.in/gjsYNRXx Narendra Modi Bill & Melinda Gates Foundation Bill Gates International Solar Alliance University of Southern California Geoffrey Garrett Paul Adler Ajay Porwal Gautam Adani Karan Adani #MNRE USC Marshall School of Business#MinisterofPower

Thrilled to share insights from our recent presentation at University of Southern California's USC Marshall School of Business on India's transition to renewables! Grateful to Mr. Dhanendra Kumar, Dean Geoffrey Garrett, Prof. Paul Adler, and the engaged students for a stimulating discussion. India's journey towards renewables is not just commendable but also transformative. With a strategic focus on solar and wind energy, ambitious government schemes, and landmark projects like the Bhadla Solar Park and Adani's RE Park, India is leading the change. Exciting developments like the National Green Hydrogen Mission Project, and the booming EV sector are further propelling this momentum. It's not just about economic growth anymore; it's about sustainable growth. #RenewableEnergy #Sustainability #India Jeremy Dann Sanjay Sharma Anthony Dukes Sriram Dasu Shon R. Hiatt Nan Jia Joseph Ucuzoglu Dr R K Kotnala Invented Net Carbon Zero and Hydrogen by Water Splitting - Hydroelectric Cell Braj Nandan Singh

Many of you will have seen the announcements of the appointment of the inaugural board of directors of the new Foundation for Energy Security and Innovation (FESI). It is a historic moment, but just the beginning. As David M. Hart urges in this article, FESI must set and execute an ambitious strategy. At this moment in time we cannot afford to do anything less! Our country has a robust ecosystem of effective local and regional climate tech accelerators and incubators that are massively underfunded, and the potential for an emerging ecosystem of programs to promote technologies developed and deployed by and for frontline communities. It is my hope that FESI will play a leadership role in catalyzing an influx of funding for these programs in the coming years. What are your thoughts about programs FESI should prioritize? https://lnkd.in/g5FK2uqM

This particular session is equivalent to a blueprint that any Government can readily adopt to drive various reforms in the #energyeconomy of the country, that's the level of detailing and actionable orientation inherently embedded in it. Globally, there is an urge to ensure that we continue to have a livable Planet and whether or not India is doing it's bit, we can easily gauge from this excellent session. India as a responsible nation is ahead of the curve which is my takeaway from it. Congratulations to USC Marshall School of Business & Dhanendra Kumar Sir for an excellent initiative ! Such a high quality dissemination of valuable information is indeed the need of hour. Enel Group Ministry of New and Renewable Energy (MNRE) International Renewable Energy Agency (IRENA) Council on Energy, Environment and Water (CEEW) NSEFI - National Solar Energy Federation of India TERI - The Energy and Resources Institute Sustainable Energy for All (SEforALL) The Global Energy Alliance for People and Planet (GEAPP) GH2 Green Hydrogen India WRI India International Solar Energy Society ISES Solar Energy Industries Association International Energy Agency (IEA) Global Renewables Alliance Global Wind Energy Council (GWEC) Green Climate Fund Asian Development Bank (ADB) Goldman Sachs U.S. Department of Energy (DOE)

Be sure to check out the #CCUS2024 Poster Session tomorrow to learn about some of the exciting developments from #NETL! 💡

Fantastic insights at the opening of the Baker Hughes Annual Meeting 2024. During his opening keynote, Lorenzo Simonelli shared a collective call to action for all leaders across the energy landscape to be a catalyst for sustainable energy development, balancing energy security, sustainability, and affordability. As Lorenzo shared, to advance sustainable energy development, we must break down the barriers of traditional thinking and work in this decade towards action. It is an immense challenge. We know that. But we know the realities in which we can energize change, and we know the pathways to get there. #BHAM2024 #WeAreBakerHughes #EnergizingChange #BakerHughes #Energy #EnergyForward #Innovation

A new report from Pittsburgh Works Together raises concerns about the stability of the electric grid in light of increasing demand for electricity and the reduction of generating capacity amid the slow pace to replace it. Ken Zapinski of the business/labor group detailed the issues on WPXI's "Our Region's Business." https://lnkd.in/eEiXDZvH #electricgrid #electricity #pjm #renewables #fossilfuels