Renewables Poised to Eclipse Coal in Global Power Generation by 2025


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IEA Electricity 2024 Renewables Outlook projects renewable energy surpassing coal in global electricity generation by early 2025, with nuclear power rebounding, clean energy expansion, electrification, and grid upgrades cutting emissions and decarbonizing power systems.

 

Key Points

IEA forecast: renewables beat coal by 2025, nuclear rebounds, speeding cleaner power and deeper emissions cuts by 2026.

✅ Renewables surpass coal by 2025; nuclear output hits records by 2025-2026.

✅ Power demand grows 3.4% avg to 2026 via EVs, data centers, electrification.

✅ Gas displaces coal; grids need investment; drought and supply chains pose risks.

 

The International Energy Agency's latest Electricity 2024 report predicts that renewable energy sources will surpass coal in global electricity generation by early 2025, reaching over one-third of the world's total power output. Additionally, nuclear power is expected to achieve record production levels by 2025, recovering from recent downturns and reflecting low-carbon electricity lessons from the COVID-19 period.

By 2026, the report estimates that renewables and nuclear will jointly contribute to nearly half of the global power generation, up from less than 40 percent in 2023. This shift is crucial as the United Nations emphasizes the transition to clean energy, with Asia to use half of electricity by 2025 highlighting the scale of the challenge, as a key factor in limiting global warming to 1.5 degrees Celsius above preindustrial levels.

IEA Executive Director Fatih Birol highlighted the promising trends of renewables, led by affordable solar power and the resurgence of nuclear power, as key factors covering almost all demand growth over the next three years.

At the COP28 climate summit in Dubai, participants agreed on a plan for phasing out fossil fuels and committed to tripling renewable capacity by 2030. This shift in the electricity mix is expected to reduce emissions from the power sector, which is currently the largest source of carbon dioxide emissions worldwide.

Despite a modest 2.2 percent growth in global electricity demand in 2023, an acceleration to an average annual increase of 3.4 percent is projected from 2024 to 2026. This surge in electricity demand is driven by factors like home and business electrification, the proliferation of electric vehicles, and industrial expansion.

Significant growth in electricity usage from data centers worldwide is anticipated, potentially doubling between 2022 and 2026, as global power demand has surged above pre-pandemic levels. Regulatory updates and technological advancements are essential to manage this energy consumption increase effectively.

Emissions from the electricity sector are expected to decrease following a 1 percent rise in 2023, with a more than 2 percent reduction projected in 2024 and continued declines in subsequent years. This reduced carbon intensity in electricity generation will enhance the emissions savings from electrifying cars and appliances.

Natural gas-fired power is predicted to see a modest increase over the next three years, primarily replacing coal power. While Europe has witnessed sharp declines in gas power, EU wind and solar beat gas last year, growth in the United States, Asia, Africa, and the Middle East is expected due to available liquefied natural gas supplies.

By 2026, fossil fuels are forecasted to account for 54 percent of global generation, dropping below 60 percent for the first time in over five decades. The U.S. is anticipated to boost renewable generation by approximately 10 percent annually between 2024 and 2026, surpassing coal generation in 2024.

The report warns of potential risks to clean energy trends, including droughts impacting hydropower, extreme weather affecting electricity reliability, and supply chain interruptions threatening new renewable and nuclear projects, and a generation mix sensitive to policies and gas prices that could shift trajectories.

Keisuke Sadamori, IEA’s director of energy markets and security, underscores the need for continued investment in grid infrastructure to integrate incoming renewable energy and sustain the power sector's trajectory towards emissions reduction goals.

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Scores more wind turbines proposed for Long Island’s South Shore

New York Offshore Wind Expansion adds Equinor's Empire Wind 2 and Beacon Wind, boosting megawatts, turbines, and grid connections for Long Island and Queens, with jobs, assembly at South Brooklyn Marine Terminal, and clean energy.

 

Key Points

A statewide initiative proposing new Equinor and partner projects to scale offshore wind capacity, jobs, and grid links.

✅ Adds 2,490 MW via Empire Wind 2 and Beacon Wind

✅ Connects to Nassau County and Queens grids for reliability

✅ Creates 3,000+ NY jobs with South Brooklyn Marine Terminal work

 

Scores more 600-foot tall wind turbines would be built off Jones Beach under a new proposal.

Norwegian energy conglomerate Equinor has bid to create another 2,500 megawatts of offshore wind power for New York state and Long Island, where offshore wind sites are being evaluated, with two projects. One, which would connect to the local electric grid in Nassau County, would more than double the number of turbines off Long Island to some 200. A second would be built around 50 miles from Montauk Point and connect to the state grid in Queens. The plan would also include conducting assembly work in Brooklyn.

In disclosures Tuesday in response to a state request for proposals, Equinor said it would bolster its already state-awarded, 819-megawatt Empire Wind project off Long Island’s South Shore with another called Empire Wind 2 that will add 1,260 megawatts. Turbines of at least 10 megawatts each would mean that the prior project’s 80 or so turbines could be joined by another 120. Equinor’s federally approved lease area off Long Island encompasses some 80,000 acres, starting 15 miles due south of Long Beach and extending east and south.

Equinor on Tuesday also submitted plans to offer a second project called Beacon Wind that would be built 50 miles from Montauk Point, off the Massachusetts South Coast area. It would be 1,230 megawatts and connect through Long Island Sound to Queens.

Equinor said its latest energy projects would generate more than 3,000 New York jobs, including use of the South Brooklyn Marine Terminal for “construction activities” and an operations and maintenance base.

The new proposals came in response to a New York State Energy Research and Development Authority bid request for renewable projects in the state. In a statement, Siri Espedal Kindem, president of Equinor Wind U.S., said the company’s plans would include “significant new benefits for New York – from workforce training, economic development, and community benefits – alongside a tremendous amount of homegrown, renewable energy.”

Meanwhile, Denmark-based Orsted, working with New England power company Eversource, has also submitted plans for a new offshore wind project called Sunrise Wind 2, a proposal that includes “multiple bids” that would create “hundreds of new jobs, and infrastructure investment,” according to a company statement. Con Edison Transmission will also work to develop transmission facilities for that project, the companies said.

Orsted and Eversource already have contracts to develop a 130-megawatt wind farm for LIPA to serve the South Fork, and an 880-megawatt wind farm for the state. All of its hundreds of turbines would be based in a lease area off the coast of Massachusetts and Rhode Island, where Vineyard Wind has progressed as a key project.

“Sunrise Wind 2 will create good-paying jobs for New York, support economic growth, and further reduce emissions while delivering affordable clean energy to Long Island and the rest of New York,” Joe Nolan, executive vice president for Eversource, said in a statement.

 

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Canada's race to net-zero and the role of renewable energy

Canada Net-Zero demands renewable energy deployment, leveraging hydropower to integrate wind, solar, and storage, scaling electrification, cutting oil and gas emissions, aligning policy, carbon pricing, and investment to deliver a clean grid by 2050.

 

Key Points

A national goal to cut emissions 40-45% by 2030 and reach economy-wide net-zero by 2050 through clean electrification.

✅ Hydropower balances intermittent wind and solar.

✅ Policy, carbon pricing, and investment accelerate deployment.

✅ Clean energy jobs surge as oil and gas decline.

 

As the UN climate talks draw near, Canada has enormous work left to do to reach its goals of reducing greenhouse gas emissions. Collectively, Canadians have to cut overall greenhouse-gas emissions by 40 to 45 per cent below 2005 levels by 2030 and achieve net-zero by 2050 across the economy.

And whereas countries like the U.K. have dramatically slashed their emissions levels, Canada's one of the few nations where emissions keep skyrocketing, and where fossil fuel extraction keeps increasing every year despite our climate targets.

Changes in national emissions and fossil fuel extraction since 1950, for G7 nations plus Norway and Australia
Graphic by Barry Saxifrage in Sep.15 article,Canada's climate solution? Keep increasing fossil fuels extraction.
Given its track record, and the IEA's finding that Canada will need more electricity to hit net-zero, how will Canada achieve its goal of getting to net-zero by 2050?

As Trudeau seeks to cement his political legacy, these are the MPs he’s considering for cabinet
By Andrew Perez | Opinion | October 25th 2021
In the upcoming online Conversations event on Thursday, 11 a.m. PT/2 p.m. ET, host and Canada's National Observer deputy managing editor David McKie will discuss how cleaning up Canada's electricity and renewable energy can put the country on track to hitting its targets with Clean Energy Canada executive director Merran Smith, Canadian Institute for Climate Choices senior economist Dale Beugin, and WaterPower Canada CEO Anne-Raphaëlle Audouin.

Getting to net-zero grid through renewable electricity
“If we wanted to be powered by 100 per cent renewable electricity, including proposals for a fully renewable electricity grid by 2030, Canada is one of the countries where this is actually possible,” said Audouin.

She says for that to happen, it would take a slate of clean energy providers working together to fill the gaps, rather than competing for market dominance.

“You couldn't power Canada just with wind and solar, even with batteries. That being said, renewables happen to work very well together ” she said. “Hydropower already makes up more than 90 per cent of Canada’s renewable generation and 60 per cent of the country’s total electricity needs are currently met thanks to this flexible, dispatchable, abundant source of baseload renewable electricity. It isn’t a stretch of the imagination to envision hydropower and wind and solar working increasingly together to clean up our grid. In fact, hydropower already backs up and allows intermittent renewable energies like wind and solar onto the grid.”

She noted that while hydropower alone won't be the solution, its long history and indisputable suite of attributes — hydroelectricity has been in Canada since the 1890s — will make it a key part of the clean energy transition required to replace coal, natural gas and oil, which still make up around 20 per cent of Canada's power sources.

Canada's vast access to water, wind, biomass, solar, geothermal, and ocean energy, and a federal government that has committed to climate goals, makes us well-positioned to lead the way to a net-zero future and eventually the electrification of our economy. So, what's holding the country back?

The new reality for renewables
According to Clean Energy Canada, it's possible to grow the clean energy sector, but only if businesses invest massively in renewables and governments give guidance and oversight informed by the implications of decarbonizing Canada's electricity grid research.

A recent modelling study from Clean Energy Canada and Navius Research exploring the energy picture here in Canada over the next decade shows our clean energy sector is expected to grow by about 50 per cent by 2030 to around 640,000 people. Already, the clean energy industry provides 430,500 jobs — more than the entire real estate sector — and that growth is expected to accelerate as our dependence on oil and gas decreases. In fact, clean energy jobs in Alberta are predicted to jump 164 per cent over the next decade.

Currently, provinces with the most hydropower generation are also the ones with the lowest electricity rates, reflecting that electricity has been a nationwide climate success in Canada. Wind and solar are now on par, or even more competitive, than natural gas, and that could have big implications for other major sectors of the economy. Grocery giant Loblaws (which owns brands including President's Choice, Joe Fresh, and Asian grocery chain T&T) deployed its fleet of fully electric delivery trucks in recent years, and Hydro-Québec just signed a $20-billion agreement to help power and decarbonize the state of New York over the next 25 years.

In The New Reality, Smith writes that many carbon-intensive industries, such as the mining sector, could also potentially benefit from the increased demand for certain natural resources — like lithium and nickel — as the world switches to electric vehicles and clean power.

“Oil and gas may have dominated Canada’s energy past, but it’s Canada’s clean energy sector that will define its new reality,” Smith emphasized.

Despite its vast potential to be one of the world's clean energy leaders, Canada has a long way to getting on the path to net zero. Even though the country is home to some of the world's leading cleantech companies, such as B.C.-based clean hydrogen fuel cell providers Ballard Power and Loop Energy and Nova Scotia-based carbon utilization company CarbonCure, the country continues to expand fossil fuel extraction to the point that emissions are projected to jump to around 1,500 MtCO2 worth by 2030.

 

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Canadian electricity associations aligning goals toward net-zero by 2050

Electricity Alliance Canada champions clean power, electrification, and net-zero, uniting renewable energy, hydropower, nuclear, wind, and solar to decarbonize Canada with sustainable, reliable, affordable electricity across sectors by 2050, economywide growth.

 

Key Points

A national coalition advancing clean power and electrification to help achieve Canada's net-zero by 2050.

✅ Coalition of six Canadian electricity associations

✅ Promotes electrification and clean, reliable power

✅ Aims net-zero by 2050, coal phase-out by 2030

 

Six of Canada’s leading electricity associations have created a coalition to promote clean power’s role, amid a looming power challenge for the country, in a sustainable energy future.

The Electricity Alliance Canada’s mandate is to enable, promote and advocate for increased low or no-carbon electricity usage throughout the economy to help achieve the nation’s net-zero emissions target of 100 percent by 2050, with net-zero electricity regulations permitting some natural gas generation along the way.

The founding members are the Canadian Electricity Association, the Canadian Nuclear Association, the Canadian Renewable Energy Association, Electricity Human Resources Canada, Marine Renewables Canada, and WaterPower Canada, and they aim to incorporate lessons from Europe's power crisis as collaboration advances.

“Electricity will power Canada’s energy transition and create many new well-paying jobs,” reads the joint statement by the six entities. “We are pleased to announce this enhanced collaboration to advance discussion and implement strategies that promote greater electrification in a way that is sustainable, reliable and affordable. Electricity Alliance Canada looks forward to working with governments and energy users to capture the full potential of electricity to contribute to Canada’s net-zero target.”

Canada is much further along than many nations when it comes decarbonizing its power generation sector, yet it is expected to miss 2035 clean electricity goals without accelerated efforts. More than 80 percent of its electricity mix is fueled by non-emitting hydroelectric and nuclear as well as wind, solar and marine renewable generation, according to the Alliance. By contrast, the U.S. portion of non-emitting electricity resources is closer to 40 percent or less.

The remainder of its coal-fired power plants are scheduled to be phased out by 2030, according to reports, though scrapping coal-fired electricity could be costly and ineffective according to one report.

Hydropower leads the way in Canada, with nearly 500 generating plant producing an average of 355 TWh per year, according to the Canadian Hydropower Association. Nuclear plants such as Ontario Power Generation’s Darlington station and Bruce Power also contribute massive-scale and carbon-free electricity capacity, as debates over Ontario's renewable future continue.

Observers note that clean, affordable electricity in Ontario should be a prominent election issue this year.

 

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The government's 2035 electric vehicle mandate is delusional

Canada 2035 Zero-Emission Vehicle Mandate sets EV sales targets, raising concerns over affordability, battery materials like lithium and copper, charging infrastructure, grid capacity, renewable energy mix, and policy impacts across provinces.

 

Key Points

Mandate makes all new light-duty vehicles zero-emission by 2035, affecting costs, charging, and electric grid planning.

✅ 100% ZEV sales target for cars, SUVs, light trucks by 2035

✅ Cost pressures from lithium, copper, nickel; EVs remain pricey

✅ Grid, charging build-out needed; impacts vary by provincial mix

 

Whether or not you want one, can afford one or think they will do essentially nothing to stop global warming, electric vehicles are coming to Canada en masse. This week, the Canadian government set 2035 as the “mandatory target” for the sale of zero-emission SUVs and light-duty trucks as part of ambitious EV goals announced by Ottawa.

That means the sale of gasoline and diesel cars has to stop by then. Transport Minister Omar Alghabra called the target “a must.” The previous target was 2040.

It is a highly aspirational plan that verges on the delusional according to skeptics of an EV revolution who argue its scale is overstated, even if it earns Canada – a perennial laggard on the emission-reduction front – a few points at climate conferences. Herewith, a few reasons why the plan may be unworkable, unfair or less green than advertised.

Liberals say by 2035 all new cars, light-duty trucks sold in Canada will be electric, as Ottawa develops EV sales regulations to implement the mandate.

Parkland to roll out electric-vehicle charging network in B.C. and Alberta

Sticker shock: There is a reason why EVs remain niche products in almost every market in the world (the notable exception is in wealthy Norway): They are bloody expensive and often in short supply in many markets. Unless EV prices drop dramatically in the next decade, Ottawa’s announcement will price the poor out of the car market. Transportation costs are a big issue with the unrich. The 2018 gilets jaunes mass protests in France were triggered by rising fuel costs.

While some EVs are getting cheaper, even the least expensive ones are about double the price of a comparable product with an internal combustion engine. Most EVs are luxury items. The market leader in Canada and the United States is Tesla. In Canada the cheapest Tesla, the Model 3 (“standard range plus” version), costs $49,000 before adding options and subtracting any government purchase incentives. A high-end Model S can set you back $170,000.

To be sure, prices will come down as production volumes increase. But the price decline might be slow for the simple reason that the cost of all the materials needed to make an EV – copper, cobalt, lithium, nickel among them – is climbing sharply and may keep climbing as production increases, straining supply lines.

Lithium prices have doubled since November. Copper has almost doubled in the past year. An EV contains five times more copper than a regular car. Glencore, one of the biggest mining companies, estimated that copper production needs to increase by a million tonnes a year until 2050 to meet the rising demand for EVs and wind turbines, a daunting task given the dearth of new mining projects.

Will EVs be as cheap as gas cars in a decade or so? Impossible to say, but given the recent price trends for raw materials, probably not.

Not so green: There is no such thing as a zero-emission vehicle, even if that’s the label used by governments to describe battery-powered cars. So think twice if you are buying an EV purely to paint yourself green, as research finds they are not a silver bullet for climate change.

In regions in Canada and elsewhere in the world that produce a lot of electricity from fossil-fuel plants, driving an EV merely shifts the output of greenhouse gases and pollutants from the vehicle itself to the generating plant (according to recent estimates, about 18% of Canada’s electricity comes from coal, natural gas and oil; in the United States, 60 per cent).

An EV might make sense in Quebec, where almost all the electricity comes from renewable sources and policymakers push EV dominance across the market. An EV makes little sense in Saskatchewan, where only 17 per cent comes from renewables – the rest from fossil fuels. In Alberta, only 8 per cent comes from renewables.

The EV supply chain is also energy-intensive. And speaking of the environment, recycling or disposing of millions of toxic car batteries is bound to be a grubby process.

Where’s the juice?: Since the roofs of most homes in Canada and other parts of the world are not covered in solar panels, plugging in an EV to recharge the battery means plugging into the electrical grid. What if millions of cars get plugged in at once on a hot day, when everyone is running air conditioners?

The next few decades could emerge as an epic energy battle between power-hungry air conditioners, whose demand is rising as summer temperatures rise, and EVs. The strain of millions of AC units running at once in the summer of 2020 during California’s run of record-high temperatures pushed the state into rolling blackouts. A few days ago, Alberta’s electricity system operator asked Albertans not to plug in their EVs because air conditioner use was straining the electricity supply.

According to the MIT Technology Review, rising incomes, populations and temperatures will triple the number of air conditioners used worldwide, to six billion, by mid-century. How will any warm country have enough power to recharge EVs and run air conditioners at the same time? The Canadian government didn’t say in its news release on the 2035 EV mandate. Will it fund the construction of new fleets of power stations?

The wrong government policy: The government’s announcement made it clear that widespread EV use – more cars – is central to its climate policy. Why not fewer cars and more public transportation? Cities don’t need more cars, no matter the propulsion system. They need electrified buses, subways and trains powered by renewable energy. But the idea of making cities more livable while reducing emissions is apparently an alien concept to this government.

 

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The underwater 'kites' generating electricity as they move

Faroe Islands Tidal Kites harness predictable ocean energy with underwater turbines by Minesto, flying figure-eight paths in fjords to amplify tidal power and deliver renewable electricity to SEV's grid near Vestmanna at megawatt scale.

 

Key Points

Subsea turbines that fly figure-eight paths to harvest tidal currents, delivering reliable renewable power to the grid.

✅ Figure-eight control amplifies speed vs. ambient current

✅ Predictable baseload complementing wind and hydro

✅ 1.2 MW Dragon-class units planned for Faroese fjords

 

Known as "sea dragons" or "tidal kites", they look like aircraft, but these are in fact high-tech tidal turbines, part of broader ocean and river power efforts generating electricity from the power of the ocean.

The two kites - with a five-metre (16ft) wingspan - move underwater in a figure-of-eight pattern, absorbing energy from the running tide. They are tethered to the fjord seabed by 40-metre metal cables.

Their movement is generated by the lift exerted by the water flow - just as a plane flies by the force of air flowing over its wings.

Other forms of tidal power use technology similar to terrestrial wind turbines, and emerging kite-based wind power shows the concept's versatility, but the kites are something different.

The moving "flight path" allows the kite to sweep a larger area at a speed several times greater than that of the underwater current. This, in turn, enables the machines to amplify the amount of energy generated by the water alone.

An on-board computer steers the kite into the prevailing current, then idles it at slack tide, maintaining a constant depth in the water column. If there were several kites working at once, the machines would be spaced far enough apart to avoid collisions.

The electricity is sent via the tethering cables to others on the seabed, and then to an onshore control station near the coastal town of Vestmanna.

The technology has been developed by Swedish engineering firm Minesto, founded back in 2007 as a spin-off from the country's plane manufacturer, Saab.

The two kites in the Faroe Islands have been contributing energy to Faroe's electricity company SEV, and the islands' national grid, on an experimental basis over the past year.

Each kite can produce enough electricity to power approximately 50 to 70 homes.

But according to Minesto chief executive, Martin Edlund, larger-scale beasts will enter the fjord in 2022.

"The new kites will have a 12-metre wingspan, and can each generate 1.2 megawatts of power [a megawatt is 1,000 kilowatts]," he says. "We believe an array of these Dragon-class kites will produce enough electricity to power half of the households in the Faroes."

The 17 inhabited Faroe islands are an autonomous territory of Denmark. Located halfway between Shetland and Iceland, in a region where U.K. wind lessons resonate, they are home to just over 50,000 people.

Known for their high winds, persistent rainfall and rough seas, the islands have never been an easy place to live. Fishing is the primary industry, accounting for more than 90% of all exports.

The hope for the underwater kites is that they will help the Faroe Islands achieve its target of net-zero emission energy generation by 2030, with advances in wave energy complementing tidal resources along the way.

While hydro-electric power currently contributes around 40% of the islands' energy needs, wind power contributes around 12% and fossil fuels - in the form of diesel imported by sea - still account for almost half.

Mr Edlund says that the kites will be a particularly useful back-up when the weather is calm. "We had an unusual summer in 2021 in Faroes, with about two months with virtually no wind," he says.

"In an island location there is no possibility of bringing in power connections from another country, and tidal energy for remote communities can help, when supplies run low. The tidal motion is almost perpetual, and we see it as a crucial addition to the net zero goals of the next decade."

Minesto has also been testing its kites in Northern Ireland and Wales, where offshore wind in the UK is powering rapid growth, and it plans to install a farm off the coast of Anglesey, plus projects in Taiwan and Florida.

The Faroe Islands' drive towards more environmental sustainability extends to its wider business community, with surging offshore wind investment providing global momentum. The locals have formed a new umbrella organisation - Burðardygt Vinnulív (Faroese Business Sustainability Initiative).

It currently has 12 high-profile members - key players in local business sectors such as hotels, energy, salmon farming, banking and shipping.

The initiative's chief executive - Ana Holden-Peters - believes the strong tradition of working collaboratively in the islands has spurred on the process. "These businesses have committed to sustainability goals which will be independently assessed," she says.

"Our members are asking how they can make a positive contribution to the national effort. When people here take on a new idea, the small scale of our society means it can progress very rapidly."

One of the islands' main salmon exporters - Hiddenfjord - is also doing its bit, by ceasing the air freighting of its fresh fish. Thought to be a global first for the Atlantic salmon industry, it is now exporting solely via sea cargo instead.

According to the firm's managing director Atli Gregersen this will reduce its transportation CO2 emissions by more than 90%. However it is a bold move commercially as it means that its salmon now takes much longer to get to key markets.

For example, using air freight, it could get its salmon to New York City within two days, but it now takes more than a week by sea.

What has made this possible is better chilling technology that keeps the fresh fish constantly very cold, but without the damaging impact of deep freezing it. So the fish is kept at -3C, rather than the -18C or below of typical commercial frozen food transportation.

"It's taken years to perfect a system that maintains premium quality salmon transported for sea freight rather than plane," says Mr Gregersen. "And that includes stress-free harvesting, as well as an unbroken cold-chain that is closely monitored for longer shelf life.

"We hope, having shown it can be done, that other producers will follow our lead - and accept the idea that salmon were never meant to fly."

Back in the Faroe Island's fjords, a firm called Ocean Rainforest is farming seaweed.

The crop is already used for human food, added to cosmetics, and vitamin supplements, but the firm's managing director Olavur Gregersen is especially keen on the potential of fermented seaweed being used as an additive to cattle feed.

He points to research which appears to show that if cows are given seaweed to eat it reduces the amount of methane gas that they exhale.

"A single cow will burp between 200 and 500 litres of methane every day, as it digests," says Mr Gregersen. "For a dairy cow that's three tonnes per animal per year.

"But we have scientific evidence to show that the antioxidants and tannins in seaweed can significantly reduce the development of methane in the animal's stomach. A seaweed farm covering just 10% of the largest planned North Sea wind farm could reduce the methane emissions from Danish dairy cattle by 50%."

The technology that Ocean Rainforest uses to farm its four different species of seaweed is relatively simple. Tiny algal seedlings are affixed to a rope which dangles in the water, and they grow rapidly. The line is lifted using a winch and the seaweed strands simply cut off with a knife. The line goes back into the water, and the seaweed starts growing again.

Currently, Ocean Rainforest is harvesting around 200 tonnes of seaweed per annum in the Faroe Islands, but plans to scale this up to 8,000 tonnes by 2025. Production may also be expanded to other areas in Europe and North America.

 

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Peak Power Receives $765,000 From Canadian Government to Deploy 117 V1G EV Chargers

Peak Power V1G EV chargers optimize smart charging in Ontario, using Synergy technology and ZEVIP support to manage peak demand, enhance grid capacity, and expand EV infrastructure across mixed-use developments with utility-friendly energy management.

 

Key Points

Peak Power's V1G smart chargers use Synergy tech to cut peak load and grow Ontario EV charging access.

✅ 117 chargers funded by NRCAN's ZEVIP program

✅ Synergy tech shifts load off peak to boost grid capacity

✅ Partners: SWTCH Energy and Signature Electric

 

Peak Power, a Canadian climate tech company with a core focus in energy management and energy storage, announces it has received a $765,000 investment through Natural Resources Canada’s (NRCan) Zero Emission Vehicle Infrastructure Program (ZEVIP) to install 117 V1G chargers as Ontario energy storage push intensifies province-wide planning. The total cost of the project is valued at over $1.6 million.

Peak Power will install the V1G chargers across several mixed-use developments in Ontario. Peak Power’s Synergy technology, which is currently used in the company’s successful Peak Drive EV charging project, will underpin the chargers. The Synergy tech will enable the chargers to draw energy from the grid when it’s most widely available and avoid times of peak demand, similar to emerging EV-to-grid integration pilots now, and can also adjust the flow rate at which the cars are charged. The intelligent chargers will reduce strain on the grid, benefiting utilities and electricity users by increasing grid capacity as well as giving EV drivers more locations to charge their vehicles.

As part of ZEVIP, the project supports the federal government’s goals of accelerating the electrification of Canada’s transportation sector. The 117 chargers will encourage adoption of EVs, as drivers have access to expanded infrastructure for charging, and as Ontario streamlines charging-station builds to accelerate deployments. From the perspective of grid operators, the intelligent nature of the Peak Power software will allow more capacity from the grid without requiring major infrastructure upgrades.

Peak Power will work with partners with deep expertise in EV charging to install the chargers. SWTCH Energy is co-developing the software for the EV chargers with Peak Power, while Signature Electric will install the hardware and supporting infrastructure.

“We’re thrilled to support the Canadian government's electrification goals through smart EV charging,” said Matthew Sachs, COO of Peak Power. “The funding from NRCan will enable us to provide drivers with more options for EV charging, while the smart nature of our Synergy tech in the chargers means grid operators don’t have to worry about capacity restraints when EVs are plugged into the grid, with EV owners selling power back offering additional flexibility too. ZEVIP is critical to greater electrification of the country’s infrastructure, and we’re proud to support the initiative.”

“Happy EV Week, Canada. Our government is making electric vehicles more affordable and charging more accessible where Canadians live, work and play, for example through the Ivy and ONroute charging network that supports travel corridors,” said the Honourable Jonathan Wilkinson, Minister of Natural Resources. “Investing in more EV chargers, like the ones announced today in Ontario, will put more Canadians in the driver’s seat on the road to a net-zero future and help achieve our climate goals.”

"I'm pleased to be announcing the deployment of over 100 Electric Vehicle chargers across Ontario with Peak Power,” said Julie Dabrusin, Parliamentary Secretary to the Minister of Natural Resources and to the Minister of Environment and Climate Change, and Member of Parliament for Toronto-Danforth. “This $765,000 investment by the Government of Canada will allow folks in Toronto and across the province to access the infrastructure they need, as B.C. expands EV charging shows national momentum, to drive an EV while fighting climate change. Happy #EVWeek!”

"Limited access to EV charging infrastructure in high-density mixed-used environments remains a key barrier to widespread EV adoption,” said Carter Li, CEO of SWTCH. “SWTCH’s partnership with Peak Power and Signature Electric to deploy V1G technology to these settings will enhance coordination between energy utilities, building operators, and EV drivers to improve building energy efficiency and access to EV charging infrastructure, with charger rebates in B.C. expanding home and workplace options as well.”

“Signature Electric is proud to be a partner on increasing the availability of localized charging for Canadians,” said Mark Marmer, Owner of Signature Electric. “Together, we can scale EV infrastructure to support Canada’s commitment to achieving net-zero emissions by 2050.”

 

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