Crest Industries’ Post

Ready to drive change in the UK’s energy sector? Join us in Edinburgh this September for one of our pivotal member's events on “Financing the Energy Transition.” Meet key UK policymakers and industry experts, and gain insights that could shape the future of energy funding. Don’t miss this chance to be part of the conversation! E-FWD #EnergyTransition #Policymakers #IndustryExperts #UKEnergyindustry

#Venture LPs Blowing In The Wind, Continued https://lnkd.in/esQUdCSf #VenturePerformance #ChrisDouvos #Innovation #RiskProfile #Limitedpartners #FundofFunds #VentureReturns #AssetManagement #Diversification #Rebuttal #TIFF #Subprime

How do you decarbonize the grid and lower energy costs at the same time? VPPs The report’s authors created a detailed model of a Mountain West grid and nationwide network of VPPs for the year 2035. They compared the results of that model to a portfolio without VPPs, concluding that VPPs “can reduce costs and carbon [emissions] while maintaining reliable grid operations.” By 2035, VPPs could prevent up to 12 million to 28 million tons of carbon, 2-4% of projected U.S. power sector emissions, researchers found. They also determined that fully integrating VPPs into the grid could lower net generation costs by 20% or $140 per household each year, reduce carbon emissions by 7%, add 200 MW of renewable capacity to the grid, and avoid the need for 1.5 GW of new gas-powered generation units. #vpp #virtualpowerplant #renewableenergy https://lnkd.in/gvXffsmw

☀️How Solar-Powered Asset Tracking Outshines Conventional Methods Solar-powered asset tracking is a more reliable, efficient, and cost-effective way to track assets than traditional battery-powered methods. It can be used in remote locations and on a wider variety of assets, and it also reduces the environmental impact of fleet operations. Learn more: https://ow.ly/WJ7o50TqnGG

After an enjoyable couple of days at FEW in Newport, here are a few of my highlights from the 2 days,  with my particular highlight being an enthusiastic speech from Eluned Morgan MS, First Minister for Wales.💡   Key takeaways for me include:   🚢 Port Investment: Significant investment is needed to support R5 deployment. Developers and port operators are caught in a "catch-22" — developers can't commit without auction results, yet ports must begin work now to meet developer timelines.   🗺 Clear Roadmap: A defined roadmap and government commitment to future leasing rounds is essential for long-term growth in the offshore wind sector in the Celtic Sea.   🎯 2030 Targets: As we work toward 2030 goals, there’s ongoing discussion around the need to recalibrate targets to ensure they are realistic, whilst also seeking ways to speed up the consenting process and growth in the supply chain.   🌪 Test Sites: With floating wind technology advancing, there's a question about the role of 100MW test and demonstration sites in supporting supply chain development and job creation.   With momentum building, we're all eagerly awaiting the R5 auction results next year. Exciting times ahead for offshore wind in Wales!   If you attended the conference, I'd love to hear your key reflections!   #CollaborativeEnvironmentalAdvisors #RUKFEW24 #FutureEnergyWales #OffshoreWind #RenewableEnergy"

🌊💨 Excited to share the ''3 steps to reduce O&M costs in Offshore Wind Farms'' guide using Weather Intelligence! 🚀 This guide is built on insights from working with one of the industry leaders operating in the North and Baltic seas. We've gathered knowledge directly from experienced managers and operators to bring you the most effective strategies. Dive into it to discover how these steps can streamline your operations, enhance safety, and drive significant cost savings. 🌟 Link to the guide in the comments! #OffshoreWind #WeatherIntelligence #OandM #RenewableEnergy #CostReduction #Sustainability #Innovation

Our newest article chronicles one company's story of transformation, determination and creativity. It is a story of value preserved, value grown, and of the mission that unites all of us in the turnaround space. The Breakout Finance team demonstrated vision and determination in their hands-on approach to financing this Second Wind Consultants turnaround. Please see the story here https://lnkd.in/ePiY74jP

𝗥𝗲𝗳𝗹𝗲𝗰𝘁𝗶𝗼𝗻𝘀 𝗼𝗻 American Clean Power Association (ACP) 𝗢𝗳𝗳𝘀𝗵𝗼𝗿𝗲 𝗪𝗜𝗡𝗗𝗣𝗢𝗪𝗘𝗥 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲.. At this year’s conference, Grant van Wyngaarden, JUMBO's Country Managing Director in North America, joined industry leaders in Atlantic City to discuss the developments and ongoing challenges in US offshore wind. Here are just some of the takeaways: 👉🏼 𝗘𝗹𝗲𝗰𝘁𝗶𝗼𝗻 𝗔𝗻𝘅𝗶𝗲𝘁𝘆 – The upcoming federal election had an overwhelmingly heavy presence at this year’s gathering, creating an aura of concern, uncertainty, and dismay. 👉🏼 𝗔𝗻𝘁𝗶𝗰𝗶𝗽𝗮𝘁𝗲𝗱 𝗖𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗶𝗼𝗻 𝗟𝘂𝗹𝗹 – A problematic construction lull in U.S. offshore wind construction in 2027-2028 presents a significant challenge. The duck curve resembling jobs and activity growth will threaten the stability of the industry’s ramp-up. 👉🏼 𝗧𝗵𝗲 𝗜𝗥𝗔: 𝗧𝗵𝗲 𝗚𝗼𝗼𝗱, 𝗧𝗵𝗲 𝗕𝗮𝗱, 𝗮𝗻𝗱 𝗧𝗵𝗲 𝗨𝗴𝗹𝘆 – The Inflation Reduction Act (IRA) has been incredibly positive for offshore wind, but several nuances in implementation will hamper the intended U.S. supply chain buildout. These factors require adaptability, persistence, and collaboration to keep U.S. offshore wind and its supply chain on track for tremendous growth. #JUMBOconsultinggroup #offshorewind #WindPOWER #AtlanticCity #NJ #US #Takeaways

Join us for the latest CELC webinar, where we'll dive into innovative strategies and insights driving Texas toward a more sustainable and resilient energy future! Empowering communities with sustainable financing goes beyond dollars and cents; it’s about fostering a Texas that’s prepared for the future. From energy efficiency upgrades to climate-proofed infrastructure, our financing tools are creating opportunities for cities, towns, and counties to thrive. #TexasGreen #FinanceForGood #SustainableChange

💬 “Business Energy Claims quickly identified we had a claim. The team were very helpful and walked us through the process, and we are delighted to have recovered £25,500.” 💬 See how much you could be owed in three easy steps: https://ow.ly/rUYN50SYkGn #misselling #energybrokers #businessenergy #energylitigation