SAP joins forces with African Utility Week
The conference and exhibition takes place between the 16th and 18th of May at CTICC, Cape Town, South Africa. Brian G. Williams, Industry Advisory Director, Utilities Industry, SAP EMEA is a featured speaker in the Transmission & Distribution conference track, and will be focussing on digital transformation and the impact of the Internet of Things on utilities.
“I believe the energy sector will go through a big transformation that is going to surprise all of us, and the energy sector will finally become cool!” says Williams.
“The SAP Africa message at African Utility Week will be that organisations need to focus on becoming a relevant digital utility of the future. SAP will focus on how new technology and big data can be used to significantly improve efficiencies and how the performance of utilities Infrastructure can be optimised, to prolong the asset life span, maximise energy production, minimise downtime and reduce maintenance cost.
He adds: “SAP is investing in all Energy & Natural Resource Industries (utilities, oil & gas, mill & mining & chemicals) and in all African regions (South Africa, Sub-Saharan, Lusophone, North Africa, East and West Africa). We have studied the full map of the 53 African countries where we have identified the regions of high, medium and lower opportunities for transformation in each of the four industries. For instance, in utilities we considered that all countries are potentially capable to transform and use the power of digital, to improve their energy value chain, because every country has an electricity, gas or water champion.”
This year’s annual African Utility Week is the 17th of its kind, bringing together more than 7,000 decision-makers and 300 suppliers from over 80 countries, plus 300 expert speakers.
The full interview with Brian G. Williams can be read here.
Hydrostor receives $4m funding for A-CAES facility in Canada
Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.
The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction.
The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.
Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.
The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”
A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth.
Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."
The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.
Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019.