The Key to Energy Efficiency Lies in Digitization, IoT and Smart Data

08/09/2017 15:39 Energy Efficiency

news

The easiest and most optimal way to improve the energy efficiency lies on digitisation or technologies such as Internet of Things (IoT) and smart data. 
 

This is the declaration of Mike Hughes, Zone President for Schneider Electric UK & Ireland, who took the floor at the company’s Innovation Summit yesterday.

In his speech, he marked that digitisation could significantly enhance and diminish costs.

No matter which is the sector we are dealing with, the key to success represents the efficiency.  
 
The IoT technologies could reduce considerably the costs through preventive steps and detection of gaps that could be overlooked otherwise.
 
While asked about BREXIT consequences for UK in terms of energy, Mike Hughes stated that not too much will change for the country, as only 10% of the energy consumed comes from EU. 
 

China to build the largest floating solar project in the world

11/12/2017 13:21:00

A unit of China Three Gorges is constructing the world’s biggest floating solar plant estimated at 1 billion yuan (US$151 million), located in the country’s eastern province of Anhui.

<READ MORE

Daily (11.12.2017): EU carbon prices slumped by around 3% to their lowest level in five weeks on Friday

11/12/2017 10:52:00

Oil prices surged by almost 2 percent on Friday, buyout by increasing Chinese crude demand and threats of a strike in Africa's biggest oil exporter. Brent crude closed $1.20, or 1.9 percent, up at $63.40 a barrel. Meanwhile, WTI crude prices rose 1.2% to settle at $57.36 a barrel.

READ MORE

Gaziantep solar plant is the largest operational PV farm in Turkey

08/12/2017 16:30:00

Solar plant Gaziantep has been linked to the grid in Islahiye in the Gaziantep southeastern region in Turkey and represents the biggest operational solar unit in the Turkish state.

READ MORE