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(GIA) shows that the global market for smart electricitymeters is expected to reach $15.2 The prediction comes courtesy of market research publisher GIA’s latest report, Smart ElectricityMeters – Global Market Trajectory & Analytics. billion by 2026. Covid-19 and its market repercussions. CAGR and reach $11.9
Ltd has announced an order from Genus Power Infrastructures Ltd for up to one million of its Omnimesh RF Infrastructure smart metering solutions alongside advanced metering infrastructure (AMI) to be deployed in Bihar, India. CyanConnode India Pvt. We are very pleased to once again be partnering with CyanConnode.
Narendra Modi’s clarion call for becoming ‘AatmaNirbhar’ in energy sector, DISTRIBUTECH India 2022, together with POWERGEN India and Indian Utility Week, India’s leading EnergyBusiness Platforms, will be organised from 12th-14th October 2022 in New Delhi, India. Have you read?
The smart electricitymetering market in Asia-Pacific is on its way to reaching a historic milestone of 1 billion installed devices, according to a new research report from IoT analyst firm Berg Insight. Asia-Pacific rollout. million units in 2021 to 1.1 billion units in 2027. million units.
Representatives of business and industry groups more than doubled at the UN’s latest biodiversity summit, DeSmog has found, sparking fears over the growing influence of powerful private sector bodies. The rise in industry delegates was proportionally higher than the increase in overall attendees, which rose by 46 percent.
Enlit Asia is delighted to announce our first in-person event in two years. We have long awaited to be reunited with our clients and to host this most prestigious event for our partners and the ASEAN power and electricity community.
The smart meters market is expected to surpass $55.7 Rapid expansion and modernisation of grid infrastructures along with growing awareness of energy conservation will propel the smart meters market scenario. • million by 2025 Gas and power prices continue to soar due to Ukraine conflict. Market factors.
EDF leads a proof-of-concept on automating renewable energy transactions and Eurelectric’s study on the benefits of matching energy consumption with clean energy on a (near) real-time basis are on the week’s technology radar. Have you read?
If successfully commercialized, Modvion’s solution would solve the transport problem, while also replacing carbon intensive-steel with what could be a carbon-negative alternative. “We believe this will be a commercialbusiness in the future and it also ticks the sustainability box. million to $7.2 Credit: Modvion).
Additionally, the growing adoption of electric vehicles (EVs) has also created a demand for the development of advanced charging infrastructure in cities worldwide. Integrating EVs in smart cities may create such benefits by providing energy storage and creating new revenue streams from EV batteries.
Barcelona-headquartered digital solution provider Flexidao is collaborating with Google to track and validate its carbon-free energy portfolio across the globe. As part of this global rollout, Flexidao is streamlining data collection by identifying sources for electricity data from national data hubs, utility systems and grid operators.
This week’s edition of Smart Energy Finances sees a new study from BDEW and CapGemini detail how sustainable transformation and decarbonisation purchasing are more important than ever for Austrian and German utility Environmental, Social, and Governance (ESG) goals. ESG for utilities: decarbonisation on the up. Microgrid debt financing.
The New Energy, New Lifestyle plan, announced by TCC subsidiary, NHOS, and 7-Eleven, sees the partners building a new generation of electric vehicle (EV) charging infrastructure. The system can adjust electricity supply based on peaks and valleys of electricityusage. Sign up to our newsletter and stay informed.
The development and use of smart grid technologies is now one of the largest challenges in electrical engineering. Since twenty years, an electrical supply system that is intended to increase operational effectiveness and give possibilities for incorporating distributed resources is referred to as a smart grid.
ITEN Media & Clarion Energy, UK are set to host the 17th edition of POWERGEN India during 12th -14th October 2022 at New Delhi. Also of interest: India – 5 million smart meter milestone 5 million IoT enabled smart meters for India.
This heat feeds surging demand for electricity and increased strain on already taxed power grids. These climate change linked trends are highlighting the growing need for distributed energy resource management systems (DERMS) that can manage the grid intelligently while quickly responding to the real-time needs of grid operators.
Planet, people and partnerships are the three pillars on which Italgas’s ‘Sustainable Value Creation Plan’ for 2022-2028 is structured. A third is the introduction of eco-design principles in the production of smart meters and their replacement for 50% of the first generation GPRS smart meters by 2028. billion (US$9.2
The aim is to study the feasibility and usefulness of the SaaS platform in what is a changing market for Japan’s electricity retailers. The initiative from Japanese consultant Abeam Consulting and energy solution provider iGrid Solutions and US-based analytics provider Innowatts combines iGrid’s R.E.A.L. Have you read?
Japan’s electricity sector is facing the triple challenges in the energy transition of energy security, cost and decarbonisation , writes James Tedd from GridBeyond. Imported fossil resources contribute to all three of the challenges of the energy transition. Image: GridBeyond. Demand side measures. Have you read?
Ørsted’s decision to divest from its liquefied natural gas business in December came as no surprise to observers tracking the company's progress in offshore wind. The Danish developer has so much offshore wind business in motion that experts predict it will lead the market for at least half a decade.
With a power grid that has been notoriously unreliable in the past, India’s goal to transform formerly passive consumers into prosumers would seem an uphill battle. The stakes are particularly high because India is the world’s third largest energy consumer.
For this year’s winter, Sinopec reports that geothermal heating service covers 95 million square meters, representing a 15% year-on-year increase. Sinopec has steadily grown their geothermal heating capacity from a coverage of 50 million square meters in 2019 and nearly 85 million square meters in 2022. Source: Oil.in-en.com
According to the study, factors driving an increase in the adoption of microgrids include: The inability of grids to meet growing energy demand. The study states that continued increases in energy demand are resulting in the failure of traditional power grids to maintain energy reliability and security. Have you read?
On the face of it, the power sector in Africa seems to be in trouble. Yet, there is another side to this tale of darkness – one in which electrification, light, new interconnections and power developments are springing up all over the continent and innovative technology is being adopted at a rate never seen before. Hydrogen future.
Thailand’s state power company EGAT has taken the next step in its smart grid development with new centres to enhance the stability of the power system and support clean energy development. Have you read?
The field campaign follows the signing of an MOU between the Government of Arunachal Pradesh and NGI to collaborate and explore the feasibility of harnessing geothermal energy from the state’s hot springs. Drilling had to be paused during the winter of 2022, following reports of geothermal fluids flowing into the Puga Stream.
For IDC Energy Insights, this effort rests on an analyst team that stretches from Europe to Asia, Oceania and North America. With customer expectations largely formed by digital-native, customer-centric brands from outside the energy industry, it’s imperative that utilities deliver an experience that measures up.
The rapid development and deployment of home-grown clean energy technologies in the EU is key to the response to the current energy crisis, the European Commission reports. Scaling up clean fuels for net zero WEMO plots a course for affordable energy and climate action. Specific clean energy technologies. Have you read?
This week’s edition of Smart Energy Finances looks at Enel SpA ‘s sale of 50% holdings in Gridspertise to CVC for a joint ownership scheme. Gridspertise , which states as its mission the digital transformation of power grids through advanced network technologies and solutions, was launched just over a year ago, in September 2021.
As China is the most significant contributor to global carbon emissions, industry experts from Shenzhen Kaifa Technology, provide insight into how their business offering is making every effort to provide affordable and green energy solutions. Watch the full video interview below. website here – www.kaifametering.com
Investigating the possibility of putting data centres into space, LG’s ThinQ UP smart home appliance global launch and ‘circular’ farming with onsite methanol production and use for powering tractors are in the week’s technology radar. Task force to innovate space applications for energy Unlocking smart meter data for research.
In 2022, 1,476 PJ (410 TWh) of geothermal energy has been used globally, a 44% increase from 2020, among them, the geothermal heating and cooling of buildings accounted for about 79% of the total. Sinopec is expected to exceed 100 million square meters of geothermal heating capacity by the end of 2023.
Artificial intelligence was a central theme of the discussion among participants in the ‘transformative technologies’ panel at the World Energy Council’s 26th Congress in Rotterdam. Jason Li, Global President of Huawei’s ElectricPower Digitalisation Business Unit, now in its third year, opened the proceedings.
All the green business news from around the world this week. Climate Home News reported this week on plans from India's Power and Renewable Energy Ministry to imposedutires of up to 25 per cent on solar modules and 15 per cent on cells imported from China and Malaysia. Japanese offshore wind sets out ambitious expansion plans.
In today’s distributed energy system, managing power grid complexity is challenging. But grid operators are often handling these changes with an ageing infrastructure that wasn’t built with a distributed energy system in mind. The energy transition is reshaping utilities’ business model.
Chinese solar technology company LONGi Green Energy Technology Co has announced plans to establish a Future Energy Spacelab. Following the establishment of the Future Energy Spacelab, LONGi plans to test its new products and their reliability in the space environment. over the previously announced September 2022 record.
NextGrid is a new research and innovation project that prepares those working in grid company operating centres to manage the complexity and automated processes needed for the future power grid. This will lead to an increasingly unpredictable power flow. This will help to improve our societies and build sustainable growth.
RE100 reveals record numbers of businesses want to switch to 100 per cent renewable power, but is policy inaction and market regulations standing in their way? Members procured a minimum of 85TWh of renewable electricity from projects commissioned or re-powered in the past 15 years, accounting for half of all purchasing.
The energy industry's interest in low carbon hydrogen is building fast, and the nuclear industry reckons it could yet have a crucial role to play. There may be on-going debates about how best to use hydrogen - should it be deployed to heat buildings, provide energy storage, decarbonise heavy industry, or fuel trains and planes?
“T-REX was founded to address two distinct gaps in the market: the absence of modern technology to power complex asset finance and the need for tools to accelerate investment into energy transition,” said Benjamin Cohen, Founder and CEO of T-REX. Leuschen and Pierre F. Lapeyre Jr.
“T-REX was founded to address two distinct gaps in the market: the absence of modern technology to power complex asset finance and the need for tools to accelerate investment into energy transition,” said Benjamin Cohen, Founder and CEO of T-REX. Leuschen and Pierre F. Lapeyre Jr.
Common constraints include the high costs of building and powering processing facilities, the purchase of expensive chemicals, and the challenge of reliably sourcing materials uncontaminated with food scraps, dyes, or other types of plastic or garbage. “We Everybody around me is like, ‘You can’t do that.’ Yeah, actually, I think I can.’”.
Zero Energy Ready Homes push the limits of sustainable living. In these houses, the total amount of renewable energy produced is equal to the amount of energy used per year, resulting in net-zero energy bills and carbon-free homes. Excerpt from: Zero Energy Ready Homes bring you net-zero energy bills.
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