Cost of Battery Storage Anticipated to Drop
According to a recent report by the IRENA (International Renewable Energy Association), by the year 2030, we could see the cost of battery storage drop by up to 66%.
This report primarily examined the idea of static storage for batteries. However, there was also some thought given to the prospective rise in battery tech that is expected to occur alongside the increased development of electric vehicles.
The predicted price fall is likely to create a new wave of economic and commercial opportunities. This will be a consequence of the price drop triggering a huge increase in installed battery storage – a 17 fold growth to be more precise.
The Electricity Storage and Renewables: Costs and Markets to 2030 report, published by IRENA, noted that the global capacity for battery storage could treble if nations chose to double the share of renewables in their energy spheres.
Microsoft set to purchase all the wind power generated in GE’s Irish site
Last Monday, Microsoft and GE (General Electric) announced that they have just signed off on a power purchase agreement that binds them together for the next 15 years. The energy in question will come from GE’s Irish site in County Kerry.
This deal means that the brand new 37 megawatt (MW) Tullahennel wind farm will exclusively sell its wind power to Microsoft. And, this will be the case for the next 15 years.
Addressing the new deal, the chief commercial officer of GE Renewable Energy, Andres Isaza, said that by creating this new partnership with Microsoft, GE will be able to expand its presence in Ireland. Currently, the company employs around 1,500 individuals in Ireland with sights to increasing this in the near future. He added that there was a notable emphasis on the renewable energy sector among those employees.
Isaza continued his statement by saying that wind is now “one of the most competitive sources of electricity on the market today.” And, GE plans to capitalise on this. The company has said that each of the wind turbines on the new site will be equipped with a battery that has been integrated into the machine. This battery will be able to generate data that will give technicians details regarding energy storage.
The hope for the batteries is that technicians will be able to use the information to “capture and store” any excess energy. They will then be able to send this energy back to the grid as and when it is needed.
This news has been received in the wake of a statement from Parkwind that it sees no problems with becoming a strategic partner in the Oriel Wind Farm. This wind farm would be located in the northwest section of the Irish sea. Parkwind is a Belgian company that specialises in offshore wind farm development.
The project in question is set to include 55 wind turbines and will be built around 22km from the coast of Dundalk, Ireland. Oriel Wind Farm Ltd expect the output of this project to be enough to provide green energy to approximately 250,000 homes in Ireland.
Energy Stocks about to Improve
Tom Lee of Fundstrat Global Advisors has predicted that energy stocks, which have up until now been the worst-performing in the market, have bottomed out. This means that they are in a position where they can fall no further and have a real chance of improving.
Currently, energy stocks are known as a ‘style orphan’ – that is to say that they aren’t cheap enough for value investors but don’t perform well enough for growth investors. In other words, they don’t make a very desirable stock option. It could well be for this reason that the S&P 500 energy market is down over 9% this year while the S&P 500 overall is up around 12%.
It has been suggested by a futures curve that oil supplies are tightening up after years of oversupply. This could well signify that oil price recovery is intact, which Lee notes: “Almost always drives a rally in Energy equities”. And, although the market is heading towards a time when the norm is to see the prices of crude oil drop, Lee is still backing his prediction of an energy rebound.
Fundstrat, in keeping with its belief on energy stock, examined 27 value stock names to see which ones looked like they would be characterised by rising share prices or have a bullish future. The list of stocks that did well under its quantitative and technical analyses includes Pioneer Natural Resources, Concho Resources, EOG Resources and ConocoPhillips.
This is certainly an area to keep an eye on if you are interested in the future of energy stock markets.
Back to University – GEC is a great complement to University studies
It’s that time of the year when students are dusting off their books; desperately searching for pens that work; and getting ready to start a new academic year. Suddenly the thrills of summer dissolve and everyone tries their best to switch back into work mode so they can complete yet another year of formal education. It is a time of excitement, stress and new-found energy.
Yet, for some people this will be the first time since they were four years old that they won’t be returning to education. Of course, these are the recent university graduates. For the first time in their lives they now have to make a decision about what comes next. No more relying on going back to school in September – it’s time for the real world. Or is it?
What happens if you have graduated but you still don’t feel like you’re ready to launch into a career? If this is the case then you might benefit from some further studies by way of an online course to help you with your professional development. It certainly can’t hurt to have another qualification behind you as you enter the increasingly competitive current job market.
This is where the Global Energy Certification (GEC) can be a godsend for those hoping to enter into a career in the energy sector. Open to everyone, regardless of what they studied for their Bachelor’s Degree, the GEC will bring you up to speed of the global energy market and get you employment-ready.
The course was designed and created by NRG Expert, a leading energy market research company that produces reports and databases about all aspects of the energy sector. Experts in the subject, the company has pooled its resources and the knowledge of its team on analysts in order to help shape the next generation of energy experts.
The GEC is an online course, which in itself presents its students with a number of benefits. Naturally, when you graduate from university, you will probably need to find a form of income in order to keep you going until you land your dream job. Online courses are, by their very nature, flexible enough to allow you to work and study at the same time. The fact that they can be done remotely is a huge advantage as well.
Working and studying simultaneously can be stressful but is guaranteed to pay off with dividends when you can add your new qualification to your CV. This immediately puts you one step ahead of your peers who are applying to the same job with just a degree and nothing more. Not only will you be more knowledgeable about the sector, but your potential future employer will see that you have the initiative to engage in some serious professional development to make yourself a more attractive candidate.
As you can see, the GEC can complement your studies excellently if you have the drive to take it on. By completing the online course you are demonstrating that you take a career in energy seriously and are willing to work hard to prove it. After all, going back into education after finally graduating is not an easy decision.
So, just because you are now a graduate and everyone else seems to be settling into employment doesn’t mean you need to rush into a career. Take your time and build up your skills – you will be amazed at what this will help you achieve in the long run.
Why Students Take Online Courses
It has become common knowledge among students that getting a job is actually pretty hard. Gone are the days where all you needed was the ability to read and write to gain a reasonable employment. If you want to nab your dream career nowadays you’re going to need as many qualifications as you can get along with some work experience and a selection of extra-curricular interests. In other words, you need to really stand out.
This is part of the reason why there are more and more students turning to online learning. Online courses provide students with the opportunity to get the qualifications they need whilst benefitting from all the perks that learning online offers. So, what are these benefits and why do they help students?
One of the biggest stresses about taking a course is working out how to get there. If the school you wish to attend is in a different city, it either means moving or dealing with a long commute every day. Online learning means that you can complete your course from where ever you are without the burden of daily travel expenses and logistics. This means you don’t have to stand around waiting for a bus or sit in traffic for hours on end.
With online courses, one of the biggest benefits is that all of your course materials are digital. Therefore, you don’t need to fork out extortionate amounts of money for textbooks that you will only use once. There are exceptions but, generally speaking, online course are considerably cheaper than their traditional counterparts. So, not only do you save money on travel expenses but you also don’t need to deplete your bank on school fees.
Going from full time education into yet more education can be tricky financially. You usually need a bit of time to replenish your resources before you commit to more unemployment. Fortunately, online learning can be very flexible. This allows you to work part time or even full time and still manage to get the course done. You might not be able to do the course as quickly as you would if you were unemployed but you will be able to pay the bills and not starve to death.
Bulk Up Your CV
There are always some people who have managed to do their degree and get a load of work experience as well. However, there are far more people who only have one of these things. If you think your CV might be looking a bit thin, you can significantly bulk it up by taking an online course. They are just as respected and recognised as traditional, institution based courses but with the above benefits.
Attractive To Employers
Completing any kind of qualification requires dedication and commitment and these are both qualities that employers look for in candidates. By taking the initiative to undertake an online course, you are showing your future boss that you take things seriously and you aren’t messing around. This is a great way to get your CV to the top of the pile and to land yourself an interview.
The Course Material – Why is it So Robust?
Whether you have been in the energy industry for a while or you are just now taking that leap, a solid grounding of the ins and outs of all things energy-related is essential. It is not enough to vaguely understand how something works or to be simply aware that something is going on. To thrive in the energy sector you need an active and comprehensive knowledge of the industry.
A good way to keep up to date with the energy world and to expand your knowledge base is by reading the news. But, don’t just read the news. Actively engage with it. Look up things you don’t understand; follow leads that will direct you to other news stories; and apply what you learn from newspapers to your own understanding of the energy sector.
Yet, there is an even better way of getting to grips with the complexities of the energy industry and that is to take the Global Energy Certification. The Global Energy Certification, or GEC as it is known, is a qualification designed to enhance an individual’s general understanding of the energy industry. This is where we separate those who have a passing interest in energy from those who consider it a passion. It is a recognised certification that comes with a whole host of benefits, including better employment opportunities.
Of course, when NRG Expert created the GEC it understood that energy is not exactly a subject you can just dip your toes into. It fully accepted the fact that energy is a ‘go hard or go home’ kind of industry where every topic requires a thorough explanation in order to be considered ‘understood’. It is for this reason that the GEC’s course material is so robust.
So, what exactly will the GEC teach you? Well, the course covers a broad range of different topics – all of which have a practical application in the modern field of global energy. The different modules that are covered within the qualification are:
- International Energy Industry Terminology
- Renewable Energy & Biofuels
- Electricity Generation, Transmission & Distribution, and the Smart Grid
- Electricity & Gas Deregulation
- Oil Reserves & Shale Oil
- Natural Gas Industry
- Energy Efficiency
The materials that you will be provided with during the GEC will allow you to finish the course feeling confident in your knowledge of all of the above modules. This, in turn, will facilitate you in your quest for a job in the rather competitive energy world. With the job market looking as it does today, knowledge is power. Thus, we have another reason why NRG Expert has made the course material for the GEC so robust.
Naturally, everything you read and learn about whilst studying the GEC should be supplemented with additional reading. This links back to what was mentioned at the beginning of the article. Reading the news and learning about new developments within the energy world are perfect complements to the GEC as they help you put your studies into a real world context.
If you think you are ready to take on the GEC and to dive head first into the complex but endlessly fascinating world of global energy then there is no time like the present to register your interest. Take a look a what the GEC could offer you and start learning!
Criteria for Choosing an Online Course
Choosing to embark on an online course is no light decision. Professional development qualifications are a significant investment of both time and money so you should make sure you are 100% sure about your decision before handing over any cash or signing any documents. So, how do you know that a certain course is perfect for you? Before you even start looking for courses, you should sit down and have a think about the following criteria. Once you have a list of exactly what you are looking for, you can make your search much more focused (read quicker and easier).
This is a huge factor you should consider before you get your heart set on doing an online course. Yes, this course might be an investment for your future career but it isn’t going to be much use if you can’t actually afford to do it. Work out your finances and see what is within your price range. If you need to take out a loan then factor this in and try and work out if the benefits of taking the course will make it worth the interest the loan will accrue. It could well be that by taking this qualification you will increase your salary to such an extent that the loan will be easy to pay back.
Online courses are usually by nature very flexible. You can normally complete the modules in your own time from the comfort of your own home. But, there are some courses that will require you to be available for online live tutoring at specific times or to take exams/ hand in assignments on certain days. If you need complete flexibility in your course because you have a job or kids or other commitments then make sure you take this into account when choosing your online course.
Deciding whether an online course is relevant or not really depends on what you are hoping to achieve from taking the course. Are you looking for a complete career change or is your ambition to move up the ladder of the career you already have? Once you understand your motivation for taking a course then you will be able to find one that is much better tailored to your needs. Bear in mind the theory versus practical content of the course and see which is more relevant to you. For example, if you are taking a law course then theory is probably much more useful, whereas if you are hoping to get into construction, then practical experience might be more helpful.
How long the course lasts is an important criterion to think about when you are choosing which online qualification to take. Committing to a course that lasts a year or two is a big deal and can be pretty daunting so you really need to make sure it will be worth it before you sign up. On the flip side, if the course only lasts a few months then you don’t need to give it as much consideration and can, therefore, prioritise some of the other criteria in this list.
The chances are you are that if you have chosen to take an online course then your motivation lies somewhere in the realm of career advancement. If this is the case then you want to make sure that the course you are about to start is going to be recognised by your potential future employers. It would be awful to spend months or years getting a qualification that no-one has ever heard of. Check out who has accredited the course and then see if it is recognised by the industry you are hoping to get into or advance within. The best way to do this is to contact companies and industry professionals and ask them directly whether or not they would recommend obtaining a certain qualification.
How to Prepare for the GEC Exam
If there is one thing that will put someone off taking a professional development course, it is the prospect of having to do an exam at the end. We all remember the days at college or university (or both) when we would spend hours on end cramming in the library before sitting an exam we wish we were better prepared for. We are all familiar with the butterflies in your stomach that manically flutter around as you walk into the examination hall. Fortunately, if you have chosen to take the Global Energy Certification then you don’t need to worry about re-living that nightmare. For starters, it is all online so no there is no draughty exam hall to haunt you! Here are a few tips to help you breeze through the GEC examination.
Read the Handbook & Study Guide
Not only did NRG Expert create the GEC to help people turn themselves into energy experts, they also created a Handbook & Study Guide to complement the course. Within this piece of literature, students will find all kinds of valuable information about what to expect with the examination. Knowing what topics and what kinds of questions are likely to come up will infinitely help individuals prepare for the exam. The handbook also contains a glossary of technical jargon that will be incredibly useful for both the exam and your future career.
Don’t Leave it All to the Last Minute
The same advice goes for pretty much every situation you could find yourself in. Do not leave everything until the last moment or you will find yourself engulfed in an abyss of stress. An excellent way to stay on top of your revision is to work out when your exams are then make a study timetable to help you plan when you are going to revise certain topics. If you know that you struggle with a specific module then you can make sure you allocate more revision time to that and less to the ones you feel confident with already.
Learn As You Go
If you want to be really prepared then you can start your studying from the moment you begin the course. That might seem like an odd thing to say but think about it. If you study and learn every topic as you go through the course – to the extent that you feel like you know it inside out – then you will have much less to learn when it comes to revision time in the weeks before the exam. You might need to go over a few terms or concepts but the main bulk of the information you will need will already be stored in your brain.
Form a Study Group
Forming a study group is a great way to learn without getting too bored. Because you are with other people, your studying takes on a more social element – and you can share your stress with other people who are going through the same thing. Studying with people can also be helpful if you are finding a topic difficult. Chances are someone in your group will have a good enough understanding of it to be able to explain it to you. In return you could explain something they aren’t too sure on. Explaining something to someone is a great way of consolidating your own knowledge as you are forced to articulate it in a way you wouldn’t have to in your own head.
It is very easy, in the lead up to an exam, to feel like you should be studying all the time. You end up feeling guilty if you take an hour off to watch a film or meet up with friends. That shouldn’t be the case at all. Naturally, studying should take priority but if you have studied for 6 hours in one day then there is nothing wrong with taking the evening off to do something fun – provided you were actually studying and not just scrolling through Facebook. In fact, I recommend taking the odd evening off to preserve your sanity.
How to Maximise Your GEC Experience
The Global Energy Certification (GEC) is a professional development course that has been created by energy market research leader NRG Expert. The qualification offers students and professionals alike the chance to enhance their CV and increase their knowledge of the ever-changing energy industry. If you want to do the GEC, all you have to do is register, pay the fee and learn the course material. You can then take the exam, pass it and carry on with your life. However, if you really want to maximise your GEC experience then there are a few other things you can do while you’re studying.
Read the News
Keeping up with current affairs in the energy world is extremely useful if you want to land a job in this sector. Not only will it inform you of the latest trends and developments but it will also put your studies into context. Learning the theory behind energy processes is essential for a good, grounded knowledge of the subject, but seeing it in action complements it perfectly. Nothing solidifies an idea better in your mind than by watching the theory you know become a reality.
If you are passionate about energy (and you probably are if you are spending time and money to do the GEC) then you will want to get involved with as many extra-curricular activities as possible. Go to seminars, visit museums and seek out work experience to broaden your understanding of the energy world. Every extra bit of knowledge you can obtain will make your studies that much easier and boost your prospects of getting your dream job at the end of it all.
Talk to People
Talking to people who are already in the line of work you want to be in is a great way to get an idea of what’s to come. Ask people to describe their typical workday and see if the reality fits what you thought about the job. It might be that the job you thought you wanted turns out to be completely uninteresting to you and that some position you’d never heard of is far more appealing. You can also ask people to tell you how they got to where they are so you can get an idea of the kind of career progression you might have. Finally, it never hurts to network, especially when these contacts could help you out with your energy job hunt in the future.
Don’t let this professional qualification become a chore. If you timetable your studying and keep yourself meticulously organised then you will find that you have time to learn everything you need without having to sacrifice too much. The last thing you want is to completely lose your social life just because you left all your revision to the last minute. Work smart and reap the rewards.
Give It Your All
If you are going to do the GEC then throw everything you have into it. Any opportunity that arises that could be beneficial to you and your studies should be taken. Learning from books is all well and good but there is no substitute for real life experiences. Combine academics with practical experience and you are guaranteed to maximise your GEC experience.
Teaching the Next Generation of Energy Professionals
It seems like everyday the job market is becoming harder and harder to penetrate. As the number of people with degrees and professional qualifications increases, competition also increases and suddenly it’s not so easy to distinguish yourself from the crowd. Fortunately, if you are looking at joining the energy sphere, there is a way to show that you are a cut above the rest. This opportunity to prove you shine comes in the form of the Global Energy Certification (GEC).
The GEC is a professional development course that was created by NRG Expert, a leading energy market research company with a stalwart team of experts and analysts at its disposal. For the NRG Expert team members, energy is everything. Energy is their passion and they want to share that with the world. So, they created a course that would allow more people to get to grips with the complex topic of energy. The analysts who made the course included materials that they themselves use on a regular basis in their daily work. They also incorporated materials that they created to help clients. The inclusion of such materials means that students of the GEC can be sure that what they are learning can be used in practice and not just in theory.
The GEC focuses on teaching participants everything they need to know about corporate energy issues and key industry terms and terminology. The energy issues that are touched on are pertinent in the modern energy industry and students will find that everything they learn will have a practical application as they enter the workforce. Furthermore, the terms and terminology that are taught in the course will put graduates of the GEC in good stead to feel confident in energy-related jobs. Speaking with conviction on a tricky topic like energy instils confidence in potential clients and is sure to impress management.
NRG Expert is a company that specialises in energy and the GEC is an exposé of just a sample of its cumulative knowledge. Nevertheless, by the end of the course, students will feel ready to take on the energy sector and should be eager to continue learning on the job. It should be emphasised that it is impossible to have ever learned everything when it comes to energy and this is what makes it such a fascinating sector. Every day, new discoveries are made, policies are created and new technologies are implemented. This means that there is always something to learn or to catch up on. With energy being such a hot topic at the moment, there is certainly no shortage of news to be digested on the topic. Energy is a tough sector to navigate but once you have a good understanding of global energy issues, you will never have a dull day on the job.
This course is from the energy industry. It was written by a knowledgeable group of energy professionals and it serves the purpose of educating the next generation of energy experts. If you think you are ready for the challenge of the GEC then what are you waiting for? Fully flexible and entirely online, there is nothing stopping you broadening your energy knowledge base today with the Global Energy Certification.