Australia added 6.3 GW of new renewable capacity in 2019, against 4.8 GW in 2018

global electric power generation from renewable sources will increase more than 20% throughout the projection period (2018–2050), providing almost half of the world’s electricity generation in 2050. In that same period, global coal-fired generation will decrease 13%, representing only 22% of the generation mix in 2050.

Based on current policies, India’s energy demand could double by 2040, with electricity demand potentially tripling as a result of increased appliance ownership and cooling needs.

Enter the Distribution Fault Anticipation, or DFA for short. Developed by a team of researchers at Texas A&M, the DFA is a suite of technology designed to monitor grid systems and identify potential problems before they happen. More specifically, it’s a distributed computing system that works autonomously to give operators a non-stop picture of the condition of each circuit.

a blockchain-based peer-to-peer energy trading system, has been approved to conduct a 12-month pilot program for energy trading

If your business case depends on the cost of energy or the cost of storage remaining where they are, ask yourself, what if the cost goes down 50%? That’s only 3 years of decline at 20%/year.

The decentralization of our electricity grid is inevitable. Distributed energy resources (DERs) are becoming increasingly attractive for consumers as prices continue to drop and political and environmental pressures continue to mount.

Electricity generation from coal will rise only marginally over that period, at less than 1% per year – and its share will decline from 38% in 2018 to 35% in 2024. This means coal remains by far the single largest source of power supply worldwide.

Technology continues to grow in its importance in all industries, including the utility sector. Utilities face special challenges as they try to meet increasing demands from customers, regulators, and a market that’s becoming increasingly diverse.

As with many industries, the expectations for distribution power companies are that they either hold their operating costs flat year over year, or that they reduce their O&M expenditures each year.