Electrical Industry News for January 2023

The first annual Breakthrough Agenda Report, requested by 45 world leaders, delivers a progress report on the actions needed to deliver on the historic clean technology commitment by governments representing two-thirds of the global economy. The Breakthrough Agenda, as the commitment is known, aims to align countries’ actions and coordinate investment to scale up deployment and drive down costs across five key sectors including – power, road transport, steel, hydrogen and agricultur...

Momentum continues to build behind low-emissions hydrogen amid the global energy crisis, with electrolyzer manufacturing expected to grow strongly and pilot projects proliferating in new applications such as steel and transport, a new IEA report says. But these areas remain a small part of the overall hydrogen landscape, highlighting the need for greater policy support. carbon capture and storage The encouraging developments in hydrogen technologies that can support the clean energy transitio...

The accelerated rollout of clean energy technologies needed to reach climate goals depends on building up a skilled workforce and studying different labor training programs around the world can provide valuable insights for countries and communities undertaking their clean energy transitions, according to a new report by the International Energy Agency. The report is being launched at the Global Clean Energy Action Forum (GCEAF) in Pittsburgh, USA to inform discussions and advance the work of t...

At RE+ 2022, Panasonic Eco Systems North America, a Division of Panasonic Corporation of North America, unveiled two new lines of all-black compact EverVolt® solar modules, developed with performance, accessibility, flexibility and pleasing aesthetics in mind. The new 430W/420W HK Black Series panels, with half-cut cells and heterojunction technology with gapless connections, offer the most powerful modules in the company’s portfolio. Adding to Panasonic’s suite of modules made...

A broad, cross-industry task force released a report identifying key focus areas to support the B2B trade show industry’s transition towards a more sustainable, low-carbon economy. The report, titled Finding the future, together: Towards a more sustainable B2B trade show industry in the U.S. and Canada, creates a foundation of data and knowledge for decision-making, knowledge-sharing, and action, highlighting the industry’s most significant environmental impacts. It also showcases s...

IEA provides first ever assessment of energy jobs worldwide by region and technology, offering vital analysis in the context of the global energy crisis and clean energy transitions. Global employment in the energy sector has risen above its pre-pandemic levels, led by increased hiring in clean energy, according to a new IEA report that offers the first worldwide benchmark for employment across energy industries. Clean energy transitions The inaugural edition of the World Energy Employment Re...

In an opinion article published by the Financial Times this week, IEA Executive Editor - Fatih Birol rebuts three myths that are circulating about the current global energy crisis, stressing the importance of separating fact from fiction at this perilous time. first fallacy The first fallacy he addresses in the opinion article, which is also available to read in full on LinkedIn, is that Russia is winning the energy battle. Russia may have benefitted from spikes in oil and gas prices tri...

Indonesia has a viable path to reaching its target of net zero emissions by 2060, bringing major benefits to its citizens in the process such as more secure and affordable energy supplies, according to a new IEA report. But key policy reforms and international support will be crucial to the success of the clean energy transition in the world’s fourth most populous country as it enters a new phase of its economic development. IEA’s Energy Sector Roadmap The IEA’s Energy Secto...

Major economies sharply increased support for the production and consumption of coal, oil and natural gas, with many countries struggling to balance longstanding pledges to phase out inefficient fossil fuel subsidies with efforts to protect households from surging energy prices, according to analysis released today by the Organization for Economic Co-operation and Development and the International Energy Agency. New OECD and IEA data show that overall government support for fossil fuels in 51 c...

Despite a slowing global economy and lockdowns in China, soaring natural gas prices following Russia’s invasion of Ukraine are propping up the world’s use of coal this year. The world’s consumption of coal is set to rise slightly in 2022, taking it back to the record level it reached nearly a decade ago, according to an IEA report, which notes that significant uncertainty hangs over the outlook for coal as a result of slowing economic growth and energy market turbulence. Ener...

The International Energy Agency has been warning for many months that the world is experiencing the first truly global energy crisis in history and the coming months will be particularly challenging. natural gas crisis The natural gas crisis in Europe has been building for a while, and Russia’s role in it has been clear from the beginning. In September 2021, five months before Russia’s invasion of Ukraine, the IEA pointed out that Russia was preventing a significant amount of gas f...

The world’s electricity demand growth is slowing sharply in 2022 from its strong recovery the previous year as economic growth weakens and energy prices soar following Russia’s invasion of Ukraine, according to the IEA’s latest Electricity Market Report. Global electricity demand Global electricity demand is expected to grow by 2.4% in 2022 after last year’s 6% increase, bringing it in line with its average growth rate over the five years before the COVID-19 pandem...

Informa Markets has confirmed that CEO Charlie McCurdy, who joined Informa in 2015, will move into a new role as a strategic advisor to Informa Group in 2023. Effective 1 January 2023, Patrick Martell, current CEO of Informa Intelligence and COO of Informa Group, will assume the role of Informa Markets’ CEO while continuing in his role as Group COO. Charlie McCurdy Charlie McCurdy is a renowned pioneer in the exhibitions industry, having spent 35 years leading B2B events and media busin...

High-level discussions among Ministers from Australia, Japan, India, Indonesia, Samoa, the US, and other countries are informed by new IEA reports on supply chains for technologies such as solar panels and batteries. Sydney Energy Forum Global energy and climate leaders are meeting at the Sydney Energy Forum, which is co-hosted by the Australian Government and the IEA, to discuss how to scale up and strengthen supply chains for the clean energy technologies needed for a secure and affordable t...

Ofgem has put forward a range of potential reforms to reduce Britain’s reliance on expensive gas imports and accelerate the transition towards cleaner, more secure and affordable supplies of home-grown energy. This reflects a world where the economics have changed, and renewable options are increasingly the cost-effective choice. Last October, the UK Government pledged to decarbonize all electricity generation by 2035, subject to security of supply, a key milestone on the path to hit net...

China has driven down solar PV manufacturing costs, helping spur the vital technology’s success while at the same time resulting in a major concentration of global PV supplies. Ensuring a secure transition to net zero emissions will require increased efforts to expand and diversify global production of solar panels whose global supply chains are currently heavily concentrated in China, the IEA said in a new special report. Solar panel production Chinese industrial and innovation policie...

High prices and supply disruptions following Russia’s invasion of Ukraine lead to downward revision and cast doubt on natural gas’ prospects in energy transitions. Global natural gas consumption is expected to contract slightly in 2022 and grow slowly over the following three years as Russia’s war in Ukraine pushes up prices and fuels fears of further supply disruptions, according to the IEA’s latest Gas Market Report.  Carbon-intensive fuels Record high gas price...

More than 180 participants from 33 countries, including 9 of the 10 ASEAN Member States, will attend the Singapore-International Energy Agency (IEA) Regional Training Programme on Efficient Grid-Interactive Buildings from 5 to 7 July 2022. This programme brings together policymakers, industry professionals, and representatives from academia, international organisations and civil society to explore the use of smart digital technologies to transform buildings from energy-intensive consumers to en...

Momentum is building for nuclear power in many countries amid soaring fuel prices and growing energy security concerns, but success will depend on governments and industry. As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. Global energy crisis In countries that choose to continue or increase their use o...

Uzbekistan should combine its ongoing broad energy market reforms with stronger measures to improve energy efficiency and the security of its electricity supply, according to a new policy review by the International Energy Agency. Uzbekistan, with a fast-growing population and economy, in 2019 launched a multi-phase multi-year transition from a state-owned and subsidized energy sector to competitive gas, oil and electricity markets with significant private sector participation and cost-covering...

Kazakhstan has made ambitious commitments to reduce its greenhouse gas emissions and increase the role of renewables, but achieving these goals requires overcoming its dependence on cheap domestic coal and addressing its lack of flexible generating capacity, according to a new policy review by the International Energy Agency. Kazakhstan 2022 The report, Kazakhstan 2022, also notes that Kazakh government revenues face a long-term risk from the projected decline in global demand for fo...

Canyon State Electric is introducing a new initiative targeting the leading cause of construction worker fatalities nationwide: suicide. The 4X5 program teaches employees to recognize potential mental health issues in themselves and their coworkers, before they become unmanageable. According to the US Center for Disease Control (CDC) statistics, suicide in the construction industry is four times higher than any other industry and five times as deadly as construction-related incidents. Main fac...

Hill Electric Company, a premier industrial electrical contractor based in the Upstate, provided two $500 scholarships to Anderson School Districts’ I and II Career and Technology (ACTC) graduating students pursuing a technical degree or certificate. 2021-2022 scholarship recipient The 2021-2022 scholarship recipients are Kailey Jo Stewart from Wren High School and Noah James Gregory from Powdersville High School. “We are honored to support Kailey Jo and Noah James as th...

Hill Electric Company, a premier industrial electrical contractor based in the Upstate, announces two promotions: Drew Little and Mike Ryan, both of Belton, S.C., were named project managers on the site management team. “Drew and Mike have shown transformative leadership and been a key part of Hill Electric’s success. Their hardwork and dedication made it an easy decision to promote them to these important roles within our site management team,” said Trey Thomas, President, an...

With energy and fuel prices soaring, small and medium businesses (SMEs) are increasingly looking at green energy solutions to help cut costs. The latest NatWest Sustainable Business Tracker has shown a fast growing trend among SMEs to invest in sustainable energy and transport. This comes in a variety of forms: Electric vehicles for their fleets Charging equipment for electric transport Solar and green energy generation This is of particular interest for ZPN Energy! EVs (electric vehic...

Canyon State Electric has been named Arizona’s Best Place to Work and Best Electrical Contractor by Ranking Arizona this week in their 2022 edition magazine. This is the fifth year in a row that Canyon State Electric has earned the ‘Best Place to Work’ title. Canyon State Electric has a staff of nearly one hundred electricians, construction specialists, and virtual designers, who build dozens of structures throughout the valley each year. Renowned apprenticeship training prog...

Canyon State Electric (CSE) has signed a contract with the Arizona Division of Occupational Safety and Health (ADOSH) to strengthen the company’s health and safety processes. The three-year agreement will seek to prevent job site hazards and start the process for OSHA Voluntary Protection Program (VPP) application. Implementation of a health management system To reach strategic safety goals, ADOSH is providing Canyon State Electric with training, workshops, webinars, and the implementat...

ZPN Energy officially co-sponsored the EV Infrastructure Summit 2022, organized by City & Financial Global Ltd. The event took place on the 18th and 19th of January, 2022. ZPN Energy’s Chief Operations Manager, Dr. John Miller, spoke on Day Two of this prestigious event, scheduled in ‘The Future of the EV technology – learn from the best experts in the UK and beyond’ session. EV Infrastructure Summit 2022 The conference focused on what the 2030 challenges will mean...

Canada has embarked on an ambitious transformation of its energy system, and clear policy signals will be important to expand energy sector investments in clean and sustainable energy sources, according to a policy review by the International Energy Agency. Since the IEA’s last in-depth review in 2015, Canada has made a series of international and domestic climate change commitments, notably setting a target to cut greenhouse gas emissions by 40-45% from 2005 levels by 2030 and a com...

Immediately after the successful takeover of innogy, E.ON's Supervisory Board is to be expanded by six to 20 members for a limited period until its new election in 2023. “For successful integration, we will also need experience and know-how from innogy in the Supervisory Board of the new E.ON on both the shareholders' and employees' side,” said Karl-Ludwig Kley, Chairman of the E.ON Supervisory Board. Additional representatives  Three additional shareholder representative...