Energy Efficiency Is A Core Target For Machine Learning
Multiple firms around the world are leveraging machine learning to optimize building energy consumption for cost savings and carbon reductions.
electricity markets
Blockchain Technology – A Threat to Distribution Network Operators?
Network operators should get involved soon in blockchain technology. If they miss the digital revolution, it will threaten their business model in the longer term and they could end up becoming pure network asset owners without operational responsibilities, writes Marius Buchmann of Jacobs University.
Germany’s Battery Storage & Redispatch Costs Hit Record Highs In 2017
Renewable energy generation is still on the rise in Germany, though at a much lower pace than in the years around 2010, writes Marius Buchmann of Jacobs University in a detailed overview of the German electricity market in 2017. Costs of the feed-in tariff are stagnating, notes Buchmann, but redispatch costs which grid operators incur to keep the system stable, reached a new record far above €1 billion.
