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InCom was present at JEC World 2019

InCom stand at JEC World 2019

Last March from 12th to 14th, InCom was taking part in JEC World fair in Paris, which is considered the largest international composites event all over the world.

The presence of highly professional international groups from different companies took place at the JEC Composites shows, conferences and other meeting platforms and boosts. During the event, we participated and arranged several meetings with our current and potential partners from all over the world with the final aim of creating new business opportunities.

We are glad of having met with our clients and suppliers and have had the chance of meeting new ones.

InCom will be also present at JEC World 2020, in our commitment to continue promoting innovation and composites development within the worldwide community.

 


CRYPTOCURRENCIES PROPELLED BY WIND ENERGY POWER

CRYPTOCURRENCIES PROPELLED BY WIND ENERGY POWER

It is undeniable that cryptocurrencies markets have experienced a rampant growth in the last few years. It is not surprising therefore that crypto mining has become an activity highly dependent on energy, which is required to carry out calculations needed to verify transactions.

Enel SpA, which is considered Europe’s largest utility, has recently engaged in negotiations to sell power mainly from wind, solar and other renewable energy plants to the well-known Swiss cryptocurrency company Envion AG. The discussions are part of a broader effort by Enel to evaluate the market for selling electricity to miners of bitcoin, etherium, ripple and other digital currencies, who are in great need of large amounts of energy to perform calculations needed to verify transactions.

According to a report by Bloomberg New Energy Finance, power demand for mining bitcoin went up to about 20.5 TWh/year by the end of 2017. The global industry’s power use already equals that of 3 million U.S. homes. As more bitcoins are created, the need for electricity increases.

That’s the reason what companies like Enel, are taking the lead to seek cryptocurrency miners that could become key customers to buy excess capacity from wind, solar and hydro-electric generating plants.

Enel is especially interested in understanding how the energy business can benefit from the blockchain technology, in an attempt to encourage cryptocurrency miners to move their facilities to places where electricity is cheap, building up new clusters that could result in mutual benefit.

Envion has raised $100 million though a month-long crowdfunding campaign to build a network of portable digital currency mining units designed to plug directly into wind farms, solar farms and other clean-energy installations. Envion says the technology will allow it to move operations to wherever energy is cheapest.

Envion is evaluating locations to start installing its systems and is in talks with power generators around the world, Laurent Martin, the company’s director of investor relations, said in an interview.

Envion’s business is not only attractive to our many investors, but also to utilities around the world.


Renewables Gain Ground Over Coal in Europe

According to the estimated data for the year 2017 that have been published today, renewable energy sources generated more electricity than coal for the first time. The sum of wind, solar and biomass generation provided 679 terawatts per hour compared to 669 terawatts per hour.

Even though It might seem like a small victory, we mustn'forget that five years ago, coal doubled the production of renewables on the continent. Something is changing in Europe and, despite all the problems, it seems that the future is less black and greener than five years ago.

Although CO2 emissions increased slightly between 2016 and 2017, this change gives us a global overview of the structural changes that are taking place in Europe. Yes, countries like Poland or the Czech Republic continue to consume coal as if there were no tomorrow. But during the past year, countries such as the Netherlands, Italy and Portugal initiated active policies to eliminate the energy produced by coal in the coming years.

For its part, Spain increased its coal consumption during 2017. This is, in part, a short-term problem associated with drought and lack of wind. But it is also true that the Government does not seem to be willing to change it. The same Álvaro Nadal, energy minister, has already expressed his rejection of the closure of coal plants a few months ago.

Of course, the growth of renewables is quite irregular. Germany and the United Kingdom account for 56% percent of the renewable enery growth in the last three years (whose emissions, it is worth remembering, collapsed to levels of 120 years ago).

Source. https://www.xataka.com/energia/las-renovables-han-superado-por-primera-vez-al-carbon-en-europa


Massive Potential For The Open Ocean Wind Farms In The North Atlantic

Scientific research says that North Atlantic wind farms could provide enough energy in wintertime to meet all of civilization's current needs.

Given that wind speeds are higher on average over ocean than over land, scientifics assume that wind turbines in the open ocean could theoreticaly intercept more than five times as much energy as onshore turbines. This presents an appealing opportunity not only for generating renewable energy through wind turbines, but also for the final consolidation of the offshore energy as a renewable source once and for all.

However, the downside of wind farms in the open ocean in the North Atlantic is that tremendous wind power is very seasonal, what means sufficient energy to meet all civilisation's current needs in the winter, and  merely enough power to cover the electricity demand of Europe, or possibly the United States alone in the summer.

Returning now to the real world, we could conclude that wind power production in the deep waters of the open ocean is in its infancy of commercialization. The huge wind power resources provide strong incentives to develop lower-cost technologies that can operate in the open-ocean environment and transmit this electricity to land where it can be used.

Source. https://www.sciencedaily.com/releases/2017/10/171009154949.htm

 


EDF to Supply 200 MW of Wind Power to Google

EDF Renewable Energy, the american company based in California, has signed an agreement by which it will supply 200MWs of wind power to Google, generated from the new Glaciers Edge Wind Project (GEWP) in Iowa.

GEWP, that is located in Cherokee County in the northwest, is expected to contribute to create more than 150 jobs during the construction phase along with millions of dollars injected into the local economy. Once the wind farm comes online, the additional capacity will help Google achieve its goal of matching its energy consumption for global operations to the renewable energy generated.

According to Dai Owen, who is the EDF RE's Power Marketing Director, “The strong U.S. wind market relies in part on America’s corporate sector and companies like Google, who through the purchase of wind energy demonstrate leadership in the drive for a low-carbon economy,” and also added that “Their commitment allows Glaciers Edge to proceed, providing an economic boost to the Iowa economy, through new construction and operations jobs, expanded tax base, and recurring, long-term income for participating landowners.”

Not only will this project contribute to bring value to the company's business portfolio but also a huge economic boost to the communities where they oporate. Consequently, the transition to clean energy is guaranteed due to the continuous decrease in cost of solar and wind energies, which in turn is driving unprecedented economic opportunity  faster than we ever anticipated.

Ever since Google teamed up with EDF RE in 2012, Google has made an approximate $200 million equity investment in EDF RE’s Spinning Spur Wind Project, Texas. The business partnership progressed in 2016 with the power purchase agreement for the Great Western Wind Project in Oklahoma which supplies Google with 225 MW of clean electricity.

EDF RE is a leading manufacturer in the renewables field which emphasises the reliability that environmentally-conscious companies place in EDF RE to deliver value. The Company’s growing North America portfolio of corporate purchasers includes Yahoo, Google, Microsoft, Walmart, Salesforce, Procter & Gamble, and Kimberly-Clark.

Source. http://www.windpowerengineering.com/business-news-projects/edf-supply-200-mw-wind-power-google/