Nifty futures on the Singapore Trade traded 78.5 points, or .43 for each cent better at 18,258.50, signaling that Dalal Avenue was headed for a good begin on Thursday. Right here are a dozen shares which could excitement the most in today’s trade:
, Ganesh Housing Corporation and Inox Wind Electrical power are amid the corporations that will announce their September quarter results right now.
Infosys: The IT significant explained its Main Working Officer Pravin Rao will be retiring in the 3rd quarter of the current fiscal and the firm will announce a new company composition shortly.
Wipro: The software program significant posted a 17 per cent soar in consolidated net income to Rs 2,930.6 crore for the quarter finished on September 30, 2021. The corporation experienced posted a web profit of Rs 2,484.4 crore in the very same period of time a calendar year back.
Zee Entertainment Company: The media important mentioned that Invesco’s steps of the past number of weeks in opposition to the enterprise and its board are motivated and are fully extraneous to corporate governance problem.
Mindtree: The IT corporation posted a 57.2 for each cent raise in net profit to Rs 398.9 crore in the second quarter finished on September 30, 2021. The organization had posted a web earnings of Rs 253.7 crore in the very same quarter a calendar year back.
Bayer : The chemical player authorized sale of its traded seeds organization, together with assets in Telangana, to Crystal Crop Defense Ltd for Rs 62 crore.
Sona BLW Precision Forgings: The automotive engineering company said it is collaborating with IT sector field entire body to upskill its workforce in electronic technologies with business-applicable and govt recognised curriculum primarily based classes.
Shriram Metropolis Union Finance: To oil its rapidly-paced growth and the resultant enlargement of its financial loan ebook, inexpensive segment-targeted Shriram Housing Finance has secured an further Rs 300 crore fairness cash from the father or mother
, having its overall fairness funds to about Rs 1,100 crore.
Welspun India: The house textiles key launched its upgraded multi-degree traceability remedy Wel-Trak 2., enabled by blockchain, synthetic intelligence and cloud technologies, with an goal to observe tens of millions of concluded items across its price chain.
Financial institution: The condition-owned loan provider slashed the interest amount on loans against gold jewelry and Sovereign Gold Bond by 145 basis details or 1.45 share points as aspect of its festive supply.
Dish Tv set: The direct-to-residence player said it has turned down the requisition detect by its biggest shareholder
to maintain an amazing general meeting (EGM) to reconstitute the board on the complex ground as it requiresprior approvals.
Puravankara: The realty agency will devote close to Rs 420 crore for design of two residential assignments in Mumbai and Bengaluru and is focusing on in excess of Rs 1,250 crore income earnings above the upcoming 4 a long time from these homes on the again of rising housing need.
Westlife Improvement: The owner and operator of McDonald’s dining establishments in the west and south of India said it is arranging to devote close to Rs 800-1,000 crore in the company around the up coming 3-4 decades.
Thomas Cook: The travel solutions supplier and its Group business SOTC Vacation Ltd have signed a 3-12 months settlement with lower charge provider Air Arabia. The partnership will deliver on a array of customizable air-inclusive vacations through a technological know-how system developed by Thomas Cook dinner India and SOTC.
Thatware is a group of folks who enable standard people, little business enterprise homeowners, mid-sized enterprises, and Fortune 500 firms develop their online businesses and income funnels. No matter of the competitiveness, the agency gives tailored digital advertising and marketing tactics and Search engine marketing alternatives to all enterprises and niches. It is also up to date on the most up-to-date electronic promoting developments. The company’s key aim is to optimise return on expense and build the revenue funnel even though maintaining cash turnover at an exponential rate. It is aside from other top Search engine marketing firms in that it does not only try to offer a company or a package deal of services. As a substitute, the business employs cutting-edge solutions to deliver tailored sensible look for alternatives.
How Did The Journey Begin At ThatWare?
We chose to crack the policies and build our very own way by way of the Google maze six yrs ago. To do so, we started building our personal AI algorithms to guide us in tracking and navigating changes to the Google algorithm. Too much, we have unveiled 83 unique AI Seo algorithms that support us boost the usefulness and performance of our work.
An Overview of Innovation
Tuhin has created a dynamic crew of info scientists, artificial intelligence (AI) professionals, natural language processing (NLP) authorities, and other folks that attempt to give buyers with the suitable blend of services to realize their targets by embracing the large planet of technological know-how. They are, in his feeling, the crucial to lengthy-time period good results. Simply because electronic advertising is an at any time-evolving sector, Tuhin believes that frequent optimization and upgrading are crucial for survival and aggressive edge.
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Technological know-how proceeds to modify how firms control their finance operate, and most executives are thoroughly aware—and supportive—of tech’s position within just their companies. But specifically what rewards does technological innovation bring these days, how will this modify in coming a long time and in what means will tech impact the next technology of finance professionals?
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These queries were being at the heart of Forbes Insights’ May well-June 2021 survey of 250 senior U.S. finance executives, carried out in conjunction with KPMG LLP. The executives symbolize all significant sectors and do the job at companies putting up at minimum $1 billion in international earnings for the most latest fiscal 12 months. We also spoke with a number of leaders at KPMG to lend larger context to the data.
What do executives anticipate from their technological innovation?
“Companies are continuously looking for bigger insights related to their business enterprise,” claims Heather Paquette, national technological innovation assurance chief, KPMG. “Leveraging smart analytics and artificial intelligence presents them those people insights, the two to produce business value and make monetary choices.”
Smart analytics and artificial intelligence—throw in cloud computing, and you’ve got what may well be deemed the Dream Group of finance engineering. Edge computing, blockchain and automation technologies, these as robotic procedure automation (RPA) and business approach automation (BPA), are also participating in essential roles.
Which answers will obtain mainstream adoption in the market the soonest, and how will anticipations transform as a result?
Which Technologies—And Why
As the study demonstrates, finance executives are nicely conscious that artificial intelligence and other sophisticated systems are remaining utilised in their sector. And considering the fact that it is as highly-priced as it is impressive, the latest finance tech ought to justify itself pretty much.
The most clear profit for executives is obtaining far better insights by additional nuanced details. As Scott Flynn, KPMG’s vice chair, Audit, says, “In the conversations I have with C-suite executives … that’s the point they’re on the lookout for: the insights that the knowledge is in a position to identify.”
In conditions of certain must-haves for their internal finance features correct now, most executives pointed to cloud computing and storage (74{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}) smart analytics, together with data extraction and transformation and info visualization (62{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}) and synthetic intelligence, which features device discovering and purely natural language processing (56{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}).
Most executives expect BPA (43{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}), course of action mining technological innovation (42{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}) and RPA (48{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}) to be expected finance capabilities inside of two a long time.
“Robotic process automation is undervalued at this time,” Paquette states. “It should be larger on executives’ radars.”
Many executives count on blockchain (51{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}) and edge computing (36{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}) to become important internal instruments within 5 years—but no faster than a few.
Inside Features Vs . External Auditors
For most business enterprise leaders, inner reporting is just 1 facet of the finance operate. The job of the exterior auditor is generally just as important, as is that auditor’s use of the latest digital equipment.
Nearly all executives (98{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}) explained their exterior firm works by using advanced technological know-how in the audit method, and most concur this increases the high-quality of the audit (98{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}). (This represents a marked transform from just three several years ago, when 74{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca} of executives pointed out the use of state-of-the-art tech by exterior auditors. Digging deeper, just 26{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca} of executives in 2018 regarded as synthetic intelligence a must-have for outside firms today that figure is 61{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}.)
Applying sophisticated technological innovation, executives say, provides further insights into areas of heightened chance, offers greater benchmarking and increases data coverage.
The majority of executives also say innovative technologies improves their shopper encounter (94{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}).
Most likely that is why most executives (58{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}) see exterior auditors as remaining far more technologically innovative than interior finance features. Just 8{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca} of executives believe their very own use of tech is a lot more highly developed.
These benefits do not surprise Flynn.
“We’ve received to be in a position to get ready, perform and execute versus audits for providers across a wide spectrum,” he claims. “It’s transferring with them, but [also] anticipating where by they are heading.”
Although he agrees with Flynn’s evaluation, Christian Peo, national running partner, Audit High quality and Professional Apply, KPMG, thinks it equally crucial to pay near awareness to that minority of finance executives on the technological vanguard.
“To continue to keep up with all those 8{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca} who are altering and innovating so quickly, we have to have to devote and devote time and be on par with how they are switching,” Peo states. “We want to maintain up with them, and we want to spend—that’s an prospect to enrich audit good quality.”
Where, then, should really external auditors be investing in order to maintain recent and supply on these heightened anticipations?
“Data and analytics,” says Paquette. “Sixty to seventy p.c of controls assume to be automatic in the following 5 to 10 years. … We’re also evolving our audit solution together with the businesses that we audit.”
The Upcoming Of Talent
Conversations about AI and automation often centre on the possibility to human employment: Will robots switch persons? The solution, of training course, is “No.” Automation will alter how many industries operate, but the “human factor” will establish irreplaceable in selected features.
For finance, Flynn states, “Those people today who are intellectually curious and are capable to draw insights from disparate facts pools, these folks are going to be actually excellent. … There is a job for them in audit’s long term and, candidly, finance in the future.”
Flynn believes that technologies will modify financial reporting in strategies that strengthen the lives of finance industry experts, auditors included. In the kind of machine finding out and pure language processing, for case in point, AI can automate jobs that call for time-consuming handbook oversight. As AI adoption grows, far more of the industry’s human capital can be devoted to a lot more inventive duties.
Viewed by this lens, it helps make feeling that tomorrow’s finance professionals will be envisioned to be sharp, insightful thinkers. Most executives say their economic reporting staff need to have important considering, reasoning and issue-fixing capabilities (80{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}) investigative economic competencies (66{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}) and an means to accomplish distinct objectives by producing related info analytics (66{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}).
“The means to perform in-depth investigation and draw correlations from distinctive details is going to be really essential,” claims Flynn. But, he adds, it “goes devoid of saying” that fluency with technology will be crucial as nicely.
Indeed, the work of following-gen auditors may possibly be additional complex in nature than these of their friends working in inside finance functions. For the previous, our executives prioritized fluency with AI, RPA and blockchain (76{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}) and a history in info science (75{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}).
“Whether it is facts and analytics or employing bots in auditing processes, we believe the up coming generation of auditors will have to have foundational capabilities in know-how,” suggests Paquette, “and they ought to acutely understand the monetary processes and that intersection of risk among economical and technology.”
Even though he agrees that technical proficiency is crucial to the growing era of economical specialists, Peo provides a single important caveat: “[T]hey also need the regular capabilities: remaining capable to discuss with administration [and] the audit committee in a way that’s comprehensible, acquire extremely comprehensive conclusions that are uncovered as a result of the use of know-how and place it in a way which is understandable in nonaudit communicate.”
The “human touch” will under no circumstances turn into obsolete.
Toward Better Automation
For superior explanation, digital transformation is an ongoing concern among most executives. As the study reveals, finance technology is evolving quickly and bringing alter to the business.
Tendencies toward greater automation are apparent, as are preferences for technological innovation that generates higher insights. Executives are placing good needs on their own corporations to keep on being technologically existing, which in switch places extra strain on their exterior auditors.
This is the foreseeable future, says Paquette.
Executives want to enhance and “digitize their enterprise holistically,” she suggests. “Those developments are likely to continue on to boost, both of those in driving organization transformation [and] driving automation of the auditors.”
The World wide web is a gold mine of organization chances, and your web-site is a software that can support you tap these options.
Even so, if your site is not visually attractive and not delivering final results, then you are missing out on the massive alternatives on the web.
And, if you have enlisted the companies of a web design company and you are continue to not having the preferred outcomes, then it may possibly be time to find yet another world-wide-web design business completely.
But how do you know when it’s time to revamp your web page structure, and when your existing net structure firm is not executing its work?
Modest aspects in your world-wide-web design can make or split your web site, and could be the cause your website appears to be unprofessional and is not acquiring site visitors or changing prospects.
Listed here are some signals that indicate you have to have to uncover a superior web-site style corporation Washington DC, London United kingdom, or wherever else you may well be positioned:
1. Your Internet site is Not Creating Enough Targeted traffic
Individuals today check out out enterprise websites right before actually checking out the physical enterprise premises or searching on the web. If your enterprise web-site is not professionally made, it will not enchantment to people today or generate more than enough visitors, and there can be numerous signals for that:
The web page has readability troubles, these types of as unreadable font or poorly contrasted qualifications with text.
The internet site has poor navigation, broken links, and un-clickable buttons.
The enterprise has also quite a few distracting factors cluttering the site, like animations.
The website employs also many inventory visuals that don’t encourage have confidence in or uniqueness.
The internet site has not utilized suitable search phrases utilized by your target audience etc.
Compact details can make your internet site appear unprofessional and could be the cause it is not desirable plenty of world wide web traffic.
The internet site may also not be making use of the suitable Web optimization methods, which indicates your organization is not reaching sufficient viewers owing to bad Search engine marketing methods.
What ever the cause you are not generating plenty of targeted traffic, it could be owing to inadequate world-wide-web style and design, and you might require to alter your web page style and design company and partner with a far better one particular that will assistance you get the success you want.
2. You Internet site is Not Converting Potential customers
If your site is getting some descent website traffic but it is not getting much conversions, it could be time for a web page redesign.
And if regardless of working with a website style and design agency you are even now not generating approximately plenty of leads and the agency is not serving to you increase conversions, you may possibly need to have to significantly take into account modifying the website style and design corporation that you are utilizing.
Site design and style performs a crucial position in conversions and your world-wide-web style and design company desires to be up to the endeavor. Feel of your site as a retailer in a mall the place folks seem at the retail outlet but are not excited to stage within.
There can be numerous causes for your web design and style not providing success:
People just can’t come across what they are on the lookout for
The features are not enticing
There is no chat help available
The get in touch with-to-motion are weak or non-existence, and additional.
These signals of a lousy world-wide-web design and style will result in a superior bounce level and poor conversions. If you see the world wide web structure you have is not providing effects, it’s time to revamp the design or transform your world wide web layout firm entirely.
3. Your Site is Sluggish-Loading and Not Optimized for all Equipment
Web page loading pace performs a vital role in person knowledge. In accordance to Google advised criteria, the website web page load time should really be three seconds or fewer and optimized for all devices, which includes cellular and wide desktops.
If your web-site is gradual loading and not cell optimized, most guests will abandon the web page and pay a visit to the following website on their radar that could be your competitors.
Your inadequately optimized web page will also not be rated hugely by Google in lookup engine final results webpages (SERPs), meaning you are going to skip out on a large amount of organic traffic from look for engines.
There are several factors that can lead to sluggish-loading internet pages, like monumental impression files, also lots of widgets, and out-of-date plugins. If your web page is slow loading, you have to have to glimpse for a net style firm that can deal with these issues.
These are just some of the symptoms to look out for that show if your world wide web structure is performing and if you are working with the appropriate internet structure company.
Although all the elements stated higher than are element of what will make a web page visually appealing and nicely designed, visible charm is relative. Pick out a web site style that fits your company.
What’s significant in world wide web structure is to hold everything basic, intuitive, and steady, which include the web page colors, picture models, graphic sizes, fonts, button variations, heading dimensions, and backgrounds.
The perception you make on your internet site website visitors can both get them to continue being on your page, master about your organization, and convert to a customer or subscriber, or leave your webpage never to return yet again.
Irrespective of whether you are a CEO of a large organization, advertising director, little business enterprise owner or author, you can and should really use lookup engine optimization (Search engine marketing) to establish your model. Personal and small business names alike can make improvements to their on the internet presence by standing out and getting recognition.
Search engine optimisation focuses on strengthening the person knowledge for people. Your website’s pace, layout, information, responsiveness and intent all enjoy a job in your visibility and desirability on the internet. The a lot easier your on line presence is to come across and entry, the more rapidly you can create awareness to draw the ideal people today to your manufacturer.
To supercharge your model consciousness endeavours, target the right viewers with the right information at the ideal time and area. How? Via Search engine optimisation.
Employing Web optimization To Make Manufacturer Consciousness
By optimizing important things of your web site for research, you can raise your rankings and reach higher brand name recognition on the web. Draw in much more visitors to your web page and transform website visitors into qualified prospects and engaged people.
1. Use information advertising and marketing.
Publishing good quality, useful content material on your web site on a regular basis is a person of the most powerful means to improve your rankings on lookup engines, develop model consciousness and bring in top quality leads to your web site. Information advertising and marketing can assistance you construct have faith in with persons, educate individuals and tell men and women of your products and solutions and solutions.
To make a foundation of superb written content, concentrate on giving your audience what they will need. This could include things like answering frequent issues, offering one of a kind perspectives on marketplace-related matters or crafting partaking items that people can’t wait around to eat.
Material marketing is not restricted to web site posts and scenario scientific tests. You can produce every thing from e-textbooks and infographics to movies, podcasts, webinars and other imaginative pieces to engage your audience.
2. Recognize pertinent keyword phrases.
Optimizing your information with suitable keywords and phrases is an important portion of each individual excellent Web optimization method. Figuring out suitable phrases and longtail key terms can assistance you rank for the conditions wanted to enter the conversation with people and meet up with them in which they are in the buyer’s journey.
Rating near the top rated of research motor effects web pages (SERPs) for particular vital phrases is also a form of social proof. In other terms, it can improve your trustworthiness and trustworthiness in the eyes of consumers, as organic rankings are commonly extra trustworthy than paid adverts.
Remember to optimize just about every piece of written content for research intent (or user intent). Give end users what they intend to find when they kind precise phrases into look for engines. This will enable increase your conversion costs and retain people onsite more time. Emphasis on keywords that are navigational, transactional, informational and business to satisfy intent. And do not fail to remember to concentrate on branded research phrases in addition to business keyword phrases.
Optimizing the following on-web site factors with focus on keywords can enable you boost your visibility and model recognition:
• Web page title
• Headers and subheaders
• Meta description
• Physique paragraphs
• Graphic alt text
• Image file names
3. Incorporate a backlink-constructing system.
In accordance to Ahrefs, backlinks are among the the top rated 3 ranking factors on Google, yet 66.31{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca} of pages on the world wide web don’t have a one backlink. Ahrefs also identified that website targeted visitors correlates to the number of backlinks a web site has. The more back links a web page has, the extra monthly organic and natural research visitors from Google it receives.
To strengthen your rankings on Google and boost brand consciousness on the internet, incorporate a high-quality backlink-constructing technique. Here are some strategies to assist you commence shifting the needle:
• Access out to many others in your market or specialized niche and give them valuable methods.
• Pitch visitor website posts to suitable web sites with one-way links to your web-site and have people today guest post on your web site if they have an authoritative existence on-line in a similar specialized niche.
• Fix broken backlinks across your web site and on external web-sites that hyperlink again to yours.
• Find mentions of your model throughout the net and ask for a backlink.
• Produce higher-quality content material that persons want to share.
• Get people today chatting about you on social media.
• Draft a push release if you have one thing noteworthy to share.
4. Focus on your main audience.
Who is your key audience? To increase manufacturer recognition efficiently, you must target the folks most intrigued in what you present. Fish the place the fish are located.
Fulfilling research intent and producing a seamless on line expertise for your main viewers is vital — some thing Google calls micro-moments. You can join with the proper people today and attract them toward your manufacturer by sharing important articles on pertinent topics and incorporating keywords and phrases for your particular market.
5. Benefit from local Website positioning.
If you’re a little business or want to increase manufacturer recognition locally, nearby Search engine optimisation can enable you enhance your on the web presence to gain traction within your region. Localize your articles by concentrating on the search intent of people today close by to commence exhibiting up for neighborhood queries.
To improve your website for local look for, adhere to these techniques:
• Build and completely improve a Google My Business enterprise (GMB) account and add new content material and pictures usually.
• Optimize your web page for voice research.
• Guarantee your site is cellular-welcoming and the concentrate on web page is relevant to the area lookups you are trying to rank for in Google Maps (GMB).
• Build content masking nearby situations and subjects.
• Include place-particular content and keyword phrases to your internet site.
• Incorporate your company to on the web NAP (Name, Tackle, Mobile phone Variety) directories.
When your main objective is boosting brand recognition, improve your web site to draw in targeted traffic at the leading of your product sales funnel (in the consciousness stage). Concentrate on introducing your manufacturer to new people or potential buyers. By keeping your content material useful, fresh, superior-good quality and suitable to end users in this original stage, you can start making belief and getting the manufacturer recognition you need.
To reach net zero by 2050, we need to decarbonise every aspect of life. We need more efficient power generation and distribution, more sustainable buildings, transport systems and industrial processes. And in addition to cutting new emissions, we also need to remove CO2 from the atmosphere.
At the Net Zero Festival hosted by Business Green in September, start-ups showcased their technologies designed to support this transition to net zero. From smarter renewable energy distribution to circular battery supply chains and jet fuel made from waste, we take a look at some of the most promising ideas.
Enabling distributed variable generation
UK-based Electron is trying to improve renewable power distribution with a marketplace platform designed to optimise localised energy trading.
“The challenge isn’t in generating clean power,” said Electron CEO Jo-Jo Hubbard at the event. “The challenge is in optimising the consumption of that clean power. That means consuming it at the right time and in the right place, and that is not happening today.”
In Scotland, for instance, wind power generation often exceeds the network’s capacity to export it to where the demand is, meaning power is being wasted. As Hubbard explained, “the UK, last year, turned off over £500m pounds of wind generation nationally, and this is forecast to reach about £2.5bn in the next few years if we don’t find a solution”.
“Net-zero systems means switching from top-down, centrally managed systems to bottom-up, transactionally optimised markets.”
Current power markets were not set up to optimise distributed variable generation. To tackle this problem, the ElectronConnect platform allows utilities to create and optimise local marketplaces and manage local resources and network capacity more efficiently.
Electron was part of Project TraDER, a two-year local flexibility market trial that demonstrated flexible energy trading, on a neutral market platform, between renewable assets, local users and local and national energy markets.
“This is one of those win-win solutions because renewable generation increases its export and revenue, and customers get lower-cost power, which incentivises them to switch to more electrical devices,” Hubbard said of this approach. “Network companies get to use their assets more effectively and society gets more clean power consumption.
“Net-zero systems means switching from top-down, centrally managed systems to bottom-up, transactionally optimised markets.”
Making the most of buses and batteries
Zenobē specialises in battery storage for transport and grid applications. The company supports electric bus fleets across the UK, New Zealand and Australia and operates 300MW of grid-scale energy storage capacity.
“We’re really seeing energy and transport as part of the same ecosystem,” said Steven Meersman, founder and director of Zenobē. “We think we can make the ecologically sustainable solution also financially sustainable by bringing these two networks closer together.”
The company approaches this by supporting the design and the engineering of large charging infrastructure and battery projects, as well as through its own software and grid storage capability.
Meersman gave an example: “We’ve got buses running in London and in Glasgow where we’re providing the funding, but more importantly, our software takes a 24/7 snapshot of what’s happening with vehicles so we can work with drivers and vehicle OEMs to further reduce the energy these buses consume.”
When the batteries are retired from powering buses, Zenobē reuses them in stationary aggregation, giving them a second life in grid storage with the aim of creating a circular supply chain rooted in delivering local benefits.
On-site solar heat and power
On a mission to ‘decarbonise heat’, Naked Energy has developed Virtu, a hybrid solar collector combining solar photovoltaic (PV) and solar thermal to produce heat and power for on-site consumption.
Billed as ‘the world’s highest energy density solar technology’, the system is designed for use in buildings and applications with a high heat consumption, such as hotels, hospitals, care homes, manufacturing plants, and bottling and sterilisation facilities.
“Unless we decarbonise heat, we won’t reach net zero,” said Naked Energy co-founder Christophe Williams. “We’re doing very well with electricity, in terms of decarbonising our power system, but heat as a distributed energy source is very difficult to tackle.”
Naked Energy promises higher energy density compared to traditional solar PV panels as its system requires less space to generate the same output. “Compared to normal technologies, say standard solar PV, we can produce up to three and a half times the carbon savings, and also deliver 50{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca} better return on investment for a given area,” Williams said.
The company is currently integrating its technology on ‘an iconic London building’ as part of a project which will be unveiled in the coming weeks.
Cleaner jet fuel from waste
While small aircraft can be powered by batteries or hydrogen for short flights, only liquid fuels currently supply the high power and energy density needed for medium and long-haul flights. These flights make up more than two thirds of aviation’s global CO2 emissions.
To help reduce aviation emissions, UK-based Velocys produces sustainable aviation fuel (SAF) from household and commercial waste. Waste is broken down into carbon and converted to hydrocarbons using a process known as Fischer-Tropsch synthesis.
“Compared with normal jet fuel, it’ll deliver a net CO2 saving of at least 70{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}.”
The fuel created by this process is compatible with planes currently in operation, explained Neville Hargreaves, vice-president for waste to fuels at Velocys.
“It’s sustainable because the feedstock is waste. Instead of taking new fossil carbon out of the ground, we’re using carbon that would have been incinerated releasing CO2 if we didn’t take it. Compared with normal jet fuel, it’ll deliver a net CO2 saving of at least 70{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}.”
The company has partnered with British Airways to develop what could become the UK’s first waste to jet fuel facility, Altalto, by the mid-2020s.
“Altalto will take more than half a million tonnes a year of household and commercial waste, otherwise destined for landfill or incineration, and make up to 80 million litres of cleaner burning SAF,” Hargreaves said.
Scaling up carbon capture
Carbon Engineering, a Canadian company working to commercialise carbon capture technology, has ambitious plans to build Europe’s first commercial direct air capture plant.
“The climate science is very clear: To limit global warming to 1.5°C, we must reduce emissions at source, but we also need to remove billions of tonnes of CO2 from atmosphere,” said Stuart Gregg, UK and Ireland country manager at Carbon Engineering.
“The UK has all attributes to become a global leader in direct air capture and sequestration technology.”
After developing and proving its technology with pilot plants using established equipment from other sectors, the company is now scaling up. It is collaborating with Storrega in northeast Scotland to build Europe’s first commercially viable direct air capture with underground sequestration (DACS) plant.
Due to come online by 2026, the plant will have the capacity to remove one megaton of CO2 per year from the atmosphere, roughly the same as 40 million trees.
“The UK has a unique advantage that could put us ahead of the global pack, such as offshore capability, a skilled workforce, proven infrastructure and geological storage capacity,” Gregg said. “So, the UK has all attributes to become a global leader in DACS technology.”
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