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The world of renewables this week

BP aims to expand its digital energy portfolio with an investment in AI developer Grid Edge, which has developed a cloud platform to predict future energy demand, allowing more efficient distribution. The move complements a previous £5 million investment in AI start-up Belmont Technology at the start of the year. New design standards issued by the International Electrotechnical Commission include a special class to account for wind farms located in zones affected by tropical cyclones. An IRENA study has shown that by considering local environments, control methods, dimension constraints and insurance policies, potential wind capacity may be increased significantly. Equinor will invest nearly $550 million on the development of the Hywind Tampen floating offshore windfarm, although doubts remain over profitability.…

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