ABI Research, a global technology research firm, predicts that global LCOH costs will reach cost-competitive levels, paving the way for heavy industry to reduce carbon emissions.
RBS15 Mk3 has a range of over 200 km, can be launched from ships and trucks and is primarily used against naval targets.
Technology group Wärtsilä has been selected by Origin Energy to deliver the third stage of the Eraring battery facility at Origin’s Power Station in New South Wales, Australia.
Dynamic Infrastructure (DiGlobal) announces that it has developed an AI solution to predict the future deterioration of concrete and steel structures.
ABS and Akselos have signed a Memorandum of Understanding to promote the design and certification processes for floating offshore wind projects.
Metal batteries have the potential to deliver more energy, at a lower weight, than the popular lithium-ion battery. The problem, however, is that the technology currently has too short a lifespan due to the highly reactive nature of the lithium metal within these batteries.
New research from IFS, the global cloud enterprise software company, has found that executive and board leadership have 'bought the AI hype' but organizations cannot deliver operationally on expectations. The new global study of 1,700 senior decision makers, Industrial AI: the new frontier for productivity, innovation and competition, found that the promise of AI is being held back by technology, processes and skills. Half of respondents remain optimistic that with the right AI strategy, value can be realized in the next two years, and a quarter believe in the next year.
The MRO for automation solutions market is set to grow by USD 54.08 billion at a CAGR of 10.16% from 2023 to 2028, driven by the increasing reliance on maintenance, repair, and operations to ensure seamless industrial processes. Key growth factors include adopting predictive maintenance analytics and industrial automation services, which enhance operational efficiency while minimizing costly downtime.
Recent findings by Anthropic, an AI safety start-up, have highlighted the risks associated with large language models (LLMs), prompting calls for a swift review of AI safety standards.
The analysis of the top 50 steel producers — which rely more heavily on higher emissions steelmaking technologies than the global industry average and are responsible for more than 60% of the sector’s emissions — follows the latest production ranking provided by the World Steel Association.