Latest news with #IECC
Time of India
4 days ago
- Business
- Time of India
India delivers 24x7 power at ₹6/kWh, cheaper than coal — Study flags AI investment boom
New Delhi: Solar-plus-storage systems in India can now deliver round-the-clock electricity at under ₹6/kWh, cheaper than coal and insulated from inflation for 25 years, according to a study by the India Energy and Climate Center (IECC) at the University of California, Berkeley. The study highlights how declining storage costs and policy innovations have enabled India to offer fixed-price electricity, potentially reshaping its industrial and data infrastructure sectors. "Solar+storage in India is now cheaper than industrial electricity tariffs in most states — and these prices would be locked in for decades," said Dr. Nikit Abhyankar, study author and faculty at UC Berkeley. 'This is a game-changer for India's industrial competitiveness.' According to the report titled Plummeting Solar+Storage Auction Prices in India Unlock Affordable, Inflation-Proof 24/7 Clean Power, battery storage costs in India have fallen by more than 50% in the last 18 months. As a result, the combined cost of solar with storage is now lower than power from new coal-fired plants. India's competitive edge stems from low capital costs for solar installations — nearly one-third of those in the US — along with declining battery prices that now match those in China. "With battery pack prices now under $60/kWh and total system costs rivaling those in China, India is replicating its solar success in storage," said Dr. Amol Phadke, co-author of the study. The report states that India's industrial electricity tariffs have averaged nearly ₹8/kWh in 2025, with costs expected to rise. In contrast, solar+storage systems provide fixed-rate electricity for 25 years, offering predictable and lower-cost clean power to industry. Even with added transmission charges, the systems remain cost-effective for industrial users. "In today's volatile global energy markets, the ability to guarantee fixed-price electricity for 25 years is unprecedented," said Emilia Chojkiewicz, lead author of the report. 'This is exactly what high-performance, power-hungry facilities like AI data centers need.' The findings are expected to have implications for industries dependent on 24/7 electricity such as green hydrogen, advanced manufacturing, and data centers. The study notes that AI data centers alone are projected to consume 5% of global electricity demand in the next decade. The modularity and scalability of solar-plus-storage projects — compared to coal plants that require large-scale infrastructure — could help India meet targeted industrial and digital growth, the report added.
Yahoo
15-05-2025
- Entertainment
- Yahoo
WTWO hosts Top of the Class Luncheon for Valedictorians across the Wabash Valley
FARMERSBURG, Ind. (WTWO/WAWV)— Our 34th annual Top of the Class Luncheon took place Wednesday afternoon, honoring valedictorians from local high schools. America's Got Talent winner Richard Goodall performed as we said congratulations to the 120 valedictorians from more than 40 Wabash Valley schools in Indiana and Illinois. Among the class of 2025 are at least 2 sets of twins sharing Valedictorian honors and at least 2 sets of cousins sharing the top spot. The valedictorian from North Knox, Alex McKinnley, is the 4th valedictorian in her family. Her 3 siblings were also Valedictorians. We heard from her and from the marketing director at Lincoln Trail College, who sponsored the event. 'It's really an honor, especially since all of my siblings were,' said Alex McKinley, North Knox Valedictorian. 'And it's also an honor to share this title with my best friend Malli Lyons who is also valedictorian.' 'One of the things that we're encouraging these students to do is to get college started early,' said Chris Forde from Lincoln Trail College. 'Lincoln Trail College and all of IECC offer summer classes so they have a chance to earn credit over the summer without paying a lot of money, so we tell them it is a financially smart choice for them.' The event took place at North Central High School just down the road from the station. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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Business Standard
01-05-2025
- Business
- Business Standard
Stricter efficiency standards for air conditioner makers in the works
This would help bring in more efficiency in cooling and can potentially control sudden power demand spikes as well as slash electricity bills ACs alone could contribute to 120 gigawatts (Gw) of peak power demand by 2030, and 180 Gw by 2035, accounting for nearly 30 per cent of the total projected power demand, according to IECC. Puja Das New Delhi Listen to This Article With another ominous summer set to hit India this year, the Centre is looking to make the efficiency standards for air conditioner (AC) makers more stringent. This would help bring in more efficiency in cooling and can potentially control sudden power demand spikes as well as slash electricity bills. The Ministry of Power is considering a significant revision of the Indian Seasonal Energy Efficiency Ratio (ISEER) — used for measuring the energy efficiency of ACs. It is calculated as the ratio of the cooling seasonal total load to the cooling seasonal energy consumption. ISEER value may be raised from the
Zawya
29-04-2025
- Business
- Zawya
Designing for desert climates: Sustainable synergy between building Envelopes and HVAC in the GCC
Dubai, UAE: Balancing high-performance building envelopes with efficient Heating, Ventilation, and Air Conditioning (HVAC) systems is crucial in the pursuit of cost-effective design and ongoing building efficiency across the construction sector. The built environment in the GCC presents unique challenges, including extreme climates and high energy demands. The International Code Council (ICC) family of solutions, through its suite of International Codes® (I-Codes) and building safety solutions, along with its collaborative initiatives with industry stakeholders, plays a crucial role in establishing standards for sustainable design practices. These efforts enhance energy efficiency, ensure occupant comfort and align with regional sustainability goals. Effective Building Envelopes Increase Energy Efficiency The insulation of windows, roofing and exterior walls serves as the first line of defence against environmental conditions. A well-designed building envelope minimises heat gain and loss, improves indoor air quality and reduces reliance on HVAC systems, leading to lower energy consumption. The International Energy Conservation Code® (IECC) ensures that building envelopes meet energy performance standards. These requirements optimise energy efficiency in both new and retrofitted buildings by incorporating advanced insulation, reflective roofing materials and high-performance glazing. Extreme heat is a pressing issue in the Middle East and North Africa (MENA) region. A strategic approach to building design is critical, where these codes help reduce cooling loads and promote more energy-efficient structures. "Balancing high-performance building envelopes with efficient HVAC systems is key to sustainability in the GCC. At ICC, we support this through modern building codes like the IECC and the International Green Construction Code, industry collaboration and direct engagement, helping the sector achieve energy efficiency and long-term resilience," said Mohamed Amer, Managing Director for ICC MENA. A high-performance HVAC system is only as efficient as the building envelope allows. There have been significant advancements in the efficiency of HVAC systems; however, if building envelopes do not incorporate systems to help maintain the cooler temperatures provided by HVAC systems, many of these efficiency gains will be lost. Key considerations for balancing envelopes with HVAC systems include optimising HVAC performance through smart ventilation, thermal zoning and heat recovery systems to maintain indoor comfort without excessive energy use. Addressing Building Envelope and HVAC Challenges Achieving an optimal balance between effective building envelopes and efficient HVAC systems comes with several challenges, including implementation and enforcement, balancing cost with innovation and the need for education and awareness. The most common analogy used to describe the relationship between a building envelope and a building's HVAC system is comparing a building to a refrigerator. If the envelope of the fridge provides limited insulation, even the most efficient compressor will be continually working at maximum capacity to maintain a cool temperature within, losing any potential energy efficiency gains. A holistic design consideration between the building envelope and the HVAC system can ensure that the building can provide a cost-effective and energy-efficient structure that meets the ongoing needs of the occupants throughout the building's life. Adopting and enforcing modern building codes requires strong regulatory frameworks and effective compliance mechanisms. Sustainable solutions must be cost-effective while incorporating innovative materials and technologies. Additionally, building professionals and stakeholders must be well-trained in sustainable design principles and be equipped with the right and strong credentials to ensure effective implementation. The ICC actively collaborates with international Standards Development Organisations (SDOs) and industry leaders to find the balance for sustainable design. These collaborations, coupled with ICC's training and credentialling programmes, provide the industry with the tools necessary to adopt sustainable, high-performance building practices. 'By embracing and implementing modern building codes and best practices, we can help ensure that buildings not only meet the highest safety standards but also achieve greater energy efficiency and sustainability. A well-constructed building envelope is the cornerstone of this effort, enabling HVAC systems to operate at peak efficiency,' said. 'With ongoing innovation and strong collaboration across the industry, we can help create a future where buildings are more efficient and cost-effective, benefiting communities for generations to come.' ICC strives to achieve a more sustainable built environment by promoting best practices through its I-Codes, supporting innovation with product evaluation services and providing building safety solutions in partnership with industry organisations. This balance between construction costs and operational efficiency over a structure's serviceable life is increasingly within reach. By Mohamed Amer, Managing Director, ICC MENA & Tom Roberts, Global Director - PMG, ICC About the International Code Council The International Code Council is the leading global source of model codes and standards and building safety solutions. The I-Codes, standards and solutions are trusted worldwide to ensure safe, affordable and sustainable communities and buildings.
Globe and Mail
17-04-2025
- Business
- Globe and Mail
U.S. Spray Foam Insulation Market Size to Reach $1.01 Billion by 2030, Driven by Growing Demand for Closed-Cell Spray Foams
"U.S. Spray Foam Insulation Market Research Report by Arizton" According to Arizton's latest research report, the U.S. spray foam insulation market is growing at a CAGR of 5.09% during 2024-2030. Report Scope: Market Size (2030): $1.01 Billion Market Size (2024): $750.02 Million CAGR (2024-2030): 5.09% Historic Year: 2021-2023 Base Year: 2024 Forecast Year: 2025-2030 Market Segmentation: Product Type, Density, Applications, and End-Users U.S. Spray Foam Insulation Market Growth The U.S. spray foam insulation market is experiencing strong growth, fueled by stringent energy efficiency regulations, rising demand for green building practices, and continuous technological advancements. Heating and cooling account for nearly 50% of a typical U.S. home's energy use, making effective insulation essential under updated energy codes like the IECC. Federal and state initiatives, including ENERGY STAR programs and tax credits, have accelerated adoption, especially in the retrofit segment. Between 2021 and 2023, the market rebounded from pandemic disruptions, with momentum supported by the Inflation Reduction Act and new energy codes. Ongoing market expansion is driven by increased construction activity and wider application across residential, commercial, and industrial sectors. Looking ahead, national net-zero energy goals, innovative spray foam technologies (like hybrid and high R-value formulations), and broader climate policy enforcement are expected to sustain robust growth in the U.S. market. Competitive Landscape The spray foam insulation market is highly competitive, with key players like BASF, Dow, CertainTeed, Huntsman Corporation, Johns Manville, and Covestro driving innovation and sustainability. BASF and Dow lead in material science, focusing on eco-friendly, high-performance polyurethane technologies that support energy-efficient construction. CertainTeed stands out with its diverse building material portfolio and emphasis on green certifications. Huntsman leverages its expertise in polyurethane to deliver solutions with superior thermal performance. Johns Manville, supported by Berkshire Hathaway, maintains a strong market presence across residential and commercial sectors through sustainable and energy-efficient products. Covestro emphasizes polymer innovation and low-global warming potential (GWP) products, aligning with environmental goals. These companies sustain their competitive edge through continuous technological advancements, a strong sustainability focus, and responsiveness to evolving energy efficiency regulations. Recent Vendor Activities in the US Spray Foam Insulation Market In May 2022, BASF SE formed a partnership with King Long United Automotive (Suzhou) Co., Ltd. (Suzhou Kinglong) to supply spray polyurethane foam for bus insulation. This product, notable for its enhanced flame-retardant properties, also meets strict VOC regulations, demonstrating BASF's focus on providing solutions that align with safety and environmental standards in the automotive industry. Founded in 1897, Dow is a global leader in materials science, offering innovative solutions across various industries. In 2023, Dow introduced ENDURANCE HFDD-4201 SC Compound for Cable Systems, significantly reducing cable manufacturing degassing times and lowering GHG emissions while maintaining high quality. This new compound enhances Dow's sustainability and energy-efficient manufacturing capabilities, positioning it as a key player in the insulation and energy sectors. Closed-Cell Spray Foam Holding the Largest Share Closed-cell spray foam is gaining significant traction in the insulation market due to its high R-value (6–7 per inch), structural strength, and resistance to moisture. Its superior thermal performance makes it a preferred choice in colder regions like the Northeast and Midwest, where energy efficiency and heating cost reduction are top priorities. The foam's dense, rigid structure adds durability and structural integrity, making it ideal for commercial and industrial use, especially in hurricane-prone areas like Florida. Its moisture resistance also makes it suitable for flood-prone regions such as Louisiana and Texas, supporting demand in areas affected by climate change and extreme weather. While its higher cost and complex installation can limit residential adoption, state-level incentives in places like California and New York are encouraging its use in energy-efficient, sustainable buildings. Additionally, the expanding need for temperature-controlled environments in industries like food storage and pharmaceuticals is driving closed-cell foam usage in commercial spaces, warehouses, and cold storage facilities. With growing focus on disaster resilience, sustainability, and energy efficiency, the closed-cell spray foam market is poised for continued growth and innovation across multiple sectors. Key Vendors BASF Dow CertainTeed Huntsman Johns Manville Covestro Carlisle Spray Foam Insulation Honeywell NCFI Polyurethanes SWD Urethane RHH Foam Systems Rhino Linings Cajun Foam Insulation Pittsburgh Foam Insulation PUFF Alpha Insulation & Waterproofing Universal Polymers Corporation (UPC) Enverge Spray Foam Accufoam Graco Owens Corning Genyk USA Elastochem Kraken Bond Segmentation & Forecasts Product Type Closed Cell Open Cell Density Medium & High Density Low Density Application Floors, Walls & Ceilings Ducts Fireplaces Plumbing Doors Others End-Users Residential Non-Residential The Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the U.S. spray foam insulation market. Request for Free Sample to get a glance of the report now: What Key Findings Will Our Research Analysis Reveal? How big is the U.S. spray foam insulation market? What are the latest trends in the U.S. spray foam insulation market? Which product type has the largest share in the U.S. spray foam insulation market? Which application provides more business opportunities in the U.S. spray foam insulation market? Who are the key players in the U.S. spray foam insulation market? Paint Sprayer Market - Global Outlook & Forecast 2023-2028 Silicone Sealants Market - Global Outlook & Forecast 2022-2027 Why Arizton? 100% Customer Satisfaction 24x7 availability – we are always there when you need us 200+ Fortune 500 Companies trust Arizton's report 80% of our reports are exclusive and first in the industry 100% more data and analysis 1500+ reports published till date Post-Purchase Benefit 1hr of free analyst discussion 10% off on customization About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. 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