Major disruption to the electricity sector is on the cards as governments ramp up renewables and transition away from fossil fuels. As the energy industry continues to utilize more variable generation sources, accurate forecasts of power generation and net load are becoming essential to maintain system reliability, minimize carbon emissionsContinue Reading
The U.S. Energy Information Agency (EIA) defines renewable energy as an energy source that naturally regenerates, such as solar or wind. In contrast, fossil fuels are considered finite. Despite the increasing use of renewables which notably became the leading global source of electricity in 2015, there are still persistent barriersContinue Reading
Some innovations in aviation industry are already promising marginal improvements in the short term, such as artificial intelligence (AI) assisted navigation systems, which can help identify ways to reduce the need for burning jet fuel; design developments such as folding wingtips to expand wingspan, as seen on the recently launchedContinue Reading
IBM and NASA’s Marshall Space Flight Center have announced a partnership to employ IBM’s artificial intelligence (AI) technology to unearth new insights in NASA’s huge repository of Earth and geospatial scientific data. For the first time, the collaborative endeavor will apply AI foundation model technology to NASA’s Earth-observing satellite data.Continue Reading
Samsung Electronics is recycling its old Galaxy smartphones into healthcare equipment for under-served people in India, Morocco, Vietnam and Papua New Guinea. Old phones will be remodeled as eyecare equipment to screen patients with eye diseases, the company said in a statement. When the South Korea handset maker introduced theContinue Reading
ReNew Power has signed a definitive pact to acquire Regent Climate Connect Knowledge Solutions Pvt Ltd (Climate Connect), a specialist in artificial intelligence (AI) and machine learning (ML) thus entering into energy management services space. Startup Climate Connect was co-founded by Nitin Tanwar and Sanand Sule, alumni of the UniversityContinue Reading
Over the past decade, wind farms have become an important source of carbon-free electricity as the cost of turbines has plummeted and adoption has surged. However, the variable nature of wind itself makes it an unpredictable energy source – less useful than one that can reliably deliver power at aContinue Reading
Within next six months, London based Indian energy start-up Climate Connect is seeking to raise $5-10 million in Series B funding. Climate Connect has so far raised $1.2 million in its seed and Series A rounds from a San Francisco-based investor and Amsterdam-based Miller Turner Group, respectively. The start-up claimsContinue Reading
