Tag Archives: AI

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Meet VIREAS: new AI-powered virtual assistant for energy

Croatia’s Regional Energy Agency North has launched VIREAS – a virtual energy assistant powered by artificial intelligence. VIREAS answers users’ questions about energy renovation and renewable energy sources in real time, provides recommendations tailored to users’ homes and needs, helps identify opportunities to save energy and reduce costs, and explains technical concepts in simple terms, […]

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Google signs world’s largest corporate power purchase agreement for hydropower

Global investment firm Brookfield and tech giant Google signed an agreement to deliver up to 3,000 MW of carbon-free hydropower capacity in the United States. Brookfield said the Hydro Framework Agreement (HFA) is the first of its kind and “the world’s largest corporate clean power deal for hydroelectricity.” Brookfield Asset Management, together with Brookfield Renewable, […]

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WEF: Global energy transition picks up pace

The global energy transition is picking up pace, with the World Economic Forum’s (WEF) latest report showing the fastest progress since before the COVID-19 pandemic. Overall improvement on the WEF’s Energy Transition Index (ETI) was recorded in 65% of the countries observed, with the Emerging Europe region posting the strongest growth. The report, titled Fostering […]

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Italy mulls keeping its last coal plants on standby

After retiring the two remaining mainland coal power plants, scheduled for this year, Italy’s government intends to switch the facilities to standby instead of dismantling them. Two others are on the island of Sardinia, which is waiting for another subsea interconnection to complete the coal phaseout. Italy has 4.7 GW in coal power capacity left, […]