Cutting Costs with Technology-Driven Improvements

Credit to Author: Aaron Larson| Date: Tue, 07 Feb 2023 21:54:52 +0000

Artificial Intelligence

If you’ve been in the power industry workforce for any significant length of time, you may have asked your supervisor at some point “Why am I doing this?” regarding a task that you were assigned, only to have them respond, “We’ve always done it this way.” That’s because the power industry has a reputation for […]

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Cutting Costs with Technology-Driven Improvements

Credit to Author: Aaron Larson| Date: Tue, 07 Feb 2023 21:54:52 +0000

Artificial Intelligence

If you’ve been in the power industry workforce for any significant length of time, you may have asked your supervisor at some point “Why am I doing this?” regarding a task that you were assigned, only to have them respond, “We’ve always done it this way.” That’s because the power industry has a reputation for […]

The post Cutting Costs with Technology-Driven Improvements appeared first on POWER Magazine.

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POWER Digest [March 2020]

Credit to Author: POWER| Date: Mon, 02 Mar 2020 05:00:00 +0000

The post POWER Digest [March 2020] appeared first on POWER Magazine.

Siemens Buys Out Iberdrola, Readying to Spin Off Gas and Power and SGRE Businesses. Siemens AG will acquire Spanish renewables giant Iberdrola SA’s full 8.1% stake in Siemens Gamesa Renewable Energy (SGRE)

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Tesla & Robotaxi Economics: The Network That Optimizes The Machine

Credit to Author: Rahul Sonnad| Date: Thu, 09 Jan 2020 06:34:20 +0000

There is a long-standing argument about whether Tesla is a car company or a tech company. This argument is typically made in the context of how Wall Street should value the company. If Tesla is just a new kind of carmaker, it should be valued at something significantly less than its annual revenue — maybe 25% to 50%, like Ford and GM. Alternatively, if Tesla is a tech company, then it could be valued significantly higher. Google, for example, is trading at about 6 times its revenues today, Facebook at 8, Microsoft at 9, and Salesforce at 10 times. Tesla trades at around 3 times its revenues with some profits, while Uber and Lyft trade around 4 times revenues and have never been profitable

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IBM Changes The Energy Storage Game With Cobalt-Free Battery

Credit to Author: Tina Casey| Date: Wed, 18 Dec 2019 16:55:44 +0000

Cobalt is emerging as an energy storage villain, but IBM hits back with a next-gen, cobalt-free battery for electric vehicles and stationary uses, too

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Report: Blockchain Not Well-Suited to Transactive Energy

Credit to Author: POWER| Date: Mon, 02 Dec 2019 05:00:00 +0000

The post Report: Blockchain Not Well-Suited to Transactive Energy appeared first on POWER Magazine.

Blockchain—a distributed database technology that allows a network of parties to securely transact with each other—has been hailed as a game-changing innovation in the power sector for its potential to

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The POWER Notebook: Power Sector Digitalization Accelerates

Credit to Author: Sonal Patel| Date: Thu, 07 Nov 2019 15:21:09 +0000

The post The POWER Notebook: Power Sector Digitalization Accelerates appeared first on POWER Magazine.

The pace at which new digitalization technologies are being adopted in the power sector is dizzying, but news from major players in the sector—among them, AES, Invenergy, Google, and IBM—this week suggests it will only accelerate.  For more insight into power plant digitalization, including the latest in digital monitoring, diagnostic, analytics, Industrial Internet of Things […]

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