EnergyInnovationSustainability

New Database Aims to Correct Overly Pessimistic Clean Energy Cost Forecasts

Energy system models relying on outdated cost projections risk steering investments toward less effective technologies, analysts suggest. A new harmonized database addresses this gap with current data for key clean technologies. The compilation aims to prevent misguided infrastructure planning that could slow the clean energy transition.

The Problem with Pessimistic Projections

Energy system models crucial for guiding policymakers, researchers, and industry leaders toward a sustainable energy future are often hampered by overly pessimistic cost projections, according to recent analysis. Sources indicate that these inaccurate forecasts particularly affect rapidly advancing technologies like solar photovoltaics and batteries, potentially biasing scenario outcomes and misguiding infrastructure planning.

EnergyTechnology

Schneider Electric Expands Canadian Operations With New Ontario Distribution Hub

Schneider Electric has launched a major new distribution facility in Halton Hills, Ontario, strengthening its Canadian supply chain operations. The 130,000 square-foot center will accelerate delivery of electrical components nationwide. This strategic investment reportedly supports local job creation and advances Canada’s energy security objectives.

Major Supply Chain Expansion

Schneider Electric has officially opened a new 130,000 square-foot distribution center in Halton Hills, Ontario, according to recent reports. The facility represents a significant strategic investment in Canada‘s energy infrastructure and is expected to substantially improve delivery timelines for critical electrical components across the country.