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According to the Q1 2025 US Energy Storage Monitor from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), energy storage installations surpassed 12GW in 2024.
Surge in demand for customer engagement, energy efficiency solutions also drives company toward profitability LOS ALTOS, Calif., December 12, 2024 Bidgely , a leading global energy intelligence company, drove momentum for profitability in 2024 by quadrupling revenue for its grid products.
This year was transformative for the space industry. While there are many predictions for the growth of the industry in 2025, three key themes stand out with particular excitement for the year ahead. Deforestation in Manoel Urbano, Brazil on March 24, 2024.
Thirteen of the 27 EU countries have now reported completing their smart metering rollouts with penetration greater than 80% but eleven are lagging far behind. A further four countries, Portugal, Austria, Great Britain and Ireland, are progressing their rollouts, with three of them targeting 80% by 2024. Have you read?
Despite the headwinds of 2023, the US solar industry is expected to have grown 55% compared to 2022, amounting to nearly 33 GWdc of capacity. Energy efficient heating and cooling improvements are gaining in awareness and popularity. Take a look at a few of the trends we’re predicting in 2024. Additionally, 3.2 Additionally, 3.2
Total control of powerusage: from solar to EV and back to the house. Once an EV can double as a stationary storage device, it will take its place as part of an energy ecosystem that includes rooftop solar and energy management—and could even become a source of revenue for owners and a valuable grid-balancing resource for utilities.
California regulators plan to address pleas from stakeholders in the energy storage industry to free up money for the state’s behind-the-meter battery incentive program, directing an additional $108.5 billion available through 2024 to cover part of the costs of installing batteries at homes and businesses.
California regulators have finalized plans to direct more than half a billion dollars in behind-the-meter battery incentives over the next four years to customers most at risk of the state’s increasingly deadly wildfires and the grid outages meant to prevent them. Big changes for California's energy storage market.
Consulting firm Wood Mackenzie released analysis saying California’s newly proposed net metering tariffs would cut the state’s residential solar market in half by 2024. would reduce payments granted to rooftop solar customers for the excess power they generate, which is known as net metering. Under NEM 3.0,
Happy New Year 🎉 We’re glad to be back in your inbox after a little R&R over the holiday break, and we’ve got one last gift for you: our 2024 Climate Tech Investment Trends report, live now. Investors didn’t fully push the restart button in 2024, as the 2023 “wait-and-see” crowd had hoped.
Panasonic’s Cardiff RE100 Facility: Technological Advancements at the Cardiff Facility Panasonic’s newly launched RE100 facility in Cardiff, Wales, represents a bold leap in renewable energy innovation. These systems are managed by Panasonic’s advanced Energy Management System (EMS).
Government sets out plans to accelerate smart meter rollout across UK homes and businesses, in bid to boost post-Covid-19 recovery. Advocates of smart meters see them as crucial for boosting public awareness of energy use and automating billing processes.
The global energy storage market quadrupled last year to 4 gigawatts of new installations and will surge to a 15-gigawatt annual market in 2024, even as system price declines slow down, according to Wood Mackenzie. But the market has seen a rash of major project announcements recently, driven in particular by the U.S.,
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The smart meter rollout has faced major disruption due to Covid-19, but installations are on the up again and experts believe the technology has the potential to unlock the next wave of the net zero transition. If you looked at 100 businesses across the country, many, many of them would have smart metering in. "If
As energy policy and politics shift globally, business flexibility will be a necessity for the success of the energy transition. Well, not quite, because anyone who has even briefly scanned the news over the last few months will have noted the shift in the political mood music around energy policy across the world.
Southwestern ElectricPower Co (SWEPCO) is launching a two-year smart meter rollout programme for its customers in north and central Louisiana. The deployment of the smart meters, which will replace the now outdated current meters as part of the company’s grid modernisation, will continue across the state through 2025.
Number of smart meters operating in Britain by end of June 2020 almost unchanged from March due to Covid-19 safety restrictions, new figures confirm. It means that, overall, the number of smart and advanced gas and electricitymeters operating in Britain is almost unchanged, standing at 21.5
Power grids globally must be upgraded by 2040 to keep the lights on. And while these upgrades will likely cost trillions, virtual power plants (VPPs), writes Autogrid’s Gisela Glandt , can curb these costs to the tune of $10B annually. Making 2024 count – First steps Climate conversations are now mainstream. Have you read?
Over its 13-year history, California’s Self-Generation Incentive Program has been the state’s primary driver for distributed solar, biomass power systems, fuel cells. and, over the past half-decade or so, behind-the-meter batteries. billion in present and future funding, that would go to the equity resiliency budget.
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Trade body Energy UK confirms its members have halted all non-urgent smart meter work, further dampening government's nationwide rollout ambitions. Currently, all energy suppliers are following government, NHS and Public Health England guidelines in relation to all home visits," the trade body said.
The smart meter rollout for traditional prepayment customers is progressing more slowly than for standard credit customers, Ofgem believes. The letter notes that while the percentage of premises with a smart meter in Great Britain is approximately 60%, this is not the case for prepayment premises. Have you read?
Pando Electrics solution for multifamily properties provides simple, compact boxes equipped with standard NEMA 240-volt receptacles, and requires drivers to use the portable charging cables that come with their cars. But it doesnt mean sacrificing must-have features such as load management and revenue metering. Well, maybe not.
The “house of the future” is a perennial American theme—from the Homes of Tomorrow Exhibition at the 1933 World’s Fair to The Jetsons, futurists have predicted a proliferation of labor-saving devices and home entertainment options. Nowadays, the focus is increasingly on the energy that these nifty gadgets require.
Bidgely Solidifies EnergyIndustry Leadership for AI Excellence in 2024 Company’s success in AI continually recognized as it heralds a new era of generative AI innovation LOS ALTOS, Calif.,
Two major initiatives have been launched to grow the use of smart meter data to support the development of new products and services for Britain’s consumers and the energy system. As smart meters proliferate they are providing a growing source of data on consumer consumption patterns and network behaviour. million (US$3.3
Contributed by Saverio Grosso, Edison Energy. Under the Act, passed in 2019, most buildings over 25,000 square feet—roughly 50,000 residential and commercial properties across the city—must meet new energy efficiency and greenhouse gas emissions (GHG) reductions by 2024, and stricter limits in 2030.
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Hygreen Energy Delivers 25-Megawatt Electrolyzer System for Hydrogen Production in China Hygreen Energy, a global leader in hydrogen technology and electrolyzer manufacturing, has announced the successful delivery of a 25-megawatt electrolyzer system to Huadian Weifang Power Generation Co.,
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Rhode Island Energy has got the go ahead for an almost 525,000 smart electricitymeter rollout in the New England state. A key driver for the rollout is that approximately 60% of Rhode Island Energy’selectricitymeters across the state are nearing the end of their design life and need to be replaced.
Dubai Electricity and Water Authority (DEWA) reports commissioning no less than 11 new substations during the first half of the year – a 400/132kV substation and ten 132/11kV substations – along with 100km of 400kV overhead lines and 132kV underground cables connecting them to the network at a cost of over AED1.7 German energy company E.ON
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Cleantech San Diego member Baker ElectricHomeEnergy, a leading solar, battery, and homeenergy solution provider, has announced the launch of its ChargeOn Battery Rewards Program in partnership with sonnen, a global market leader in smart energy storage and virtual power plant (VPP) technology.
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