25 Feb 2022 | by QBI Solutions
When researchers at the California Independent System Operator illustrated the duck curve in 2013, they probably never imagined the chart would one day symbolize the challenges of integrating renewables into the power grid.
Read More18 Feb 2022 | by QBI Solutions
The energy industry is experiencing unprecedented transformation under the extensive effects of increased consumer awareness, technological growth, and heightened renewable energy investments. Talking of investments, renewable energy sources are doing extremely well today. They are already accounting for at least 26% of the global electricity, and are touted to reach 30% in 2024. With the world moving at full speed towards renewables, the need for supportive services and products is becoming more evident. As a dependable partner for energy and utility firms, QBI Solutions promotes the energy transition by offering custom solutions, including compliance management software services.
Read More11 Feb 2022 | by QBI Solutions
In the 2021 World Energy Outlook (WEO) report, the International Energy Agency (IEA) gave a rather disheartening prediction: The world can only reduce carbon emissions by 40% by 2050 going by the current national pledges. As the ravages of the global pandemic subside, the world must devise ways to accelerate the energy transition. According to the 1.5°C decarburization pathway released recently, at least USD 5 trillion annually in investments is needed to fulfill the Paris Agreement goals.
So the big question is: How can energy technologies contribute to this urgent need? Read on to learn about the impact of technology in this era.
01 Feb 2022 | by QBI Solutions
The International Energy Agency (IEA) recently reported that the share of renewables in the electricity generation mix reached a record-breaking 30% in 2021. This is good news for renewable energy technologies, which have overcome several barriers over the years.
While the industry is growing, renewable energy asset managers face several challenges, mostly linked to expanding asset sizes. As the portfolios grow, the need to understand asset details and oversee efficient operations has never been more essential. This article explores five asset management challenges in renewable energy and recommends remedies.
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