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Smart grid innovations booming with Asia as emerging hub

Smart Energy International

Smart grid innovations reached their highest level in 2022, the IEA reveals in a new review of patent data. In 2011 there were 2,000 unique smart grid inventions produced, representing 11% of power sector innovations. In East Asia – mainly in Japan and China – there was a doubling from 27% to 55% over the same periods.

Asia 104
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Smart meters market to exceed $55.7bn by 2028 – study

Smart Energy International

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.

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China’s Reform Commission sets out V2G planning recommendations

Smart Energy International

China’s state planner National Development and Reform Commission (NDRC) has released reform recommendations on how China, the largest EV market globally, can optimally integrate electric vehicles into power grid planning. in residential communities. The specific reform recommendations include: 1.

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7-Eleven Taiwan and TCC launch new generation EV charging

Smart Energy International

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 electricity usage. Sign up to our newsletter and stay informed.

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Italgas advances sustainability plan

Smart Energy International

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

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Customer-centric demand response a key solution for Japan’s energy transition challenges

Smart Energy International

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.

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Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year.