Energy sector stories
High costs and poor performance are leaving carbon capture less competitive than renewables, with flagship projects missing targets by up to 50%.
New credentials backed by EECA aim to plug skills gaps as employers face rising demand for verified carbon and energy expertise.
The 6,000-tonne SK6000 could speed major energy builds by shifting more work offsite and bringing first power sooner.
AI could revolutionise KiwiSaver accounts by providing real-time data insights, optimising investments, and driving wealth creation for 3.25+ million investors.
New research says tighter oversight of five sectors could make New Zealand’s emissions scheme cut pollution faster without slowing growth.
Macrium has unveiled Reflect X, a cutting-edge backup solution boasting doubled recovery speeds and native support for ARM devices, enhancing operational resilience.
Orro has launched a new division, Orro Critical Infrastructure, to enhance Operational Technology services for critical infrastructure in Australia and New Zealand.
Vocus Group partners with Gentrack to launch a modern billing system for Dodo Power & Gas, enhancing operational efficiency in the Australian energy sector.
Power shortages risk stalling West London's tech boom, warns Aggreko. Energy solutions like battery storage and advanced generators are critical for new data centre projects.
Halliburton's recent cyberattack underscores the urgent need for heightened cybersecurity in the energy sector, stressing proactive measures and robust recovery plans.
Sophos reports a fourfold rise in median recovery costs for energy and water sectors to USD $3 million in 2024, highlighting critical infrastructure vulnerabilities.
Energy sector outages are costing over USD $34 million annually, reveals a New Relic report. Enhanced observability and AIOps adoption are key strategies for mitigation.
Nuclear power's promise of 24/7 reliability faces unexpected challenges in Australia's future grid, clashing with the dominance of rooftop solar.
African nations are becoming testing grounds for sophisticated ransomware attacks, becoming primary targets before developed nations, according to cybersecurity firm Performanta.
Aiven commits to sustainable operations in the tech sector, highlighting the urgent need for carbon emissions reduction in light of equivalent pollution levels to the aviation industry.
Siemens has reached an agreement to acquire Altair Engineering for an enterprise value of approximately USD $10 billion, enhancing its industrial software capabilities.
In Australia, real-time mobile solutions are transforming safety and efficiency for field workers in the energy sector, which faces a serious operational risk challenge.
SMA Australia has appointed John Alexander as Vice President of its Large Scale division, bringing over 35 years of energy sector experience to the role.
A SecurityScorecard report reveals 97% of the UK's FTSE 100 firms faced third-party breaches last year, stressing urgent supply chain cybersecurity enhancements.
Princeton Digital Group (PDG) has appointed Niall Hannigan as Group CFO, effective 3rd June 2024, to bolster the company's global growth in the digital economy.