This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
Toyota to Test Hydrogen-Electric Hybrid Van in Australia Toyota Motor Corporation has announced its plans to embark on public road tests for a new hydrogen-electric hybrid HiAce van in Australia next spring. This cutting-edge vehicle showcases a dual power system, seamlessly integrating a hydrogen engine with an electric motor.
As the world moves steadily toward sustainability, Ampace’s debut at EICMA 2024 in Milan marks a milestone for the e-mobility sector, showcasing its newest Kun-Era series battery technology. As environmental consciousness reshapes consumer and industry demands, Ampace’s Kun-Era series represents a bold step forward.
ExxonMobil Baytown Low-Carbon Hydrogen and Ammonia Project: A New Milestone in Clean Energy ExxonMobil, one of the worlds leading energy companies, is progressing with plans for a cutting-edge low-carbon hydrogen and ammonia facility in Baytown, Texas. This ambitious project, expected to produce up to 28.3 Gulf Coast.
Record-Breaking Financial Momentum Bloom Energy has closed 2024 on a high note with remarkable financial results. For the full year, Bloom Energy generated $1.47 This surge in financial performance stems largely from robust growth in product and service revenues, which jumped 67% in the last quarter of 2024 alone.
Smart meters are prominent in water companies’ 2025-2030 business plans, in line with regulatory expectations for large-scale rollouts. In this Q&A, Andrew Welsh, discusses the sector’s readiness, and how the company is gearing-up for a rapid increase in demand. ” What is the current smart metering landscape in the UK?
Eversource is ready to instal smart meters for its more than 1.2 million residential and small business customers in Connecticut, US. At the time of the filing, the company estimated that approximately 800,000 meters would be 20 years or older within five years. In its filing, Eversource estimated a benefit-cost ratio of 1.2
The nation’s power sector is also heavily reliant on hydrocarbons, which is hardly surprising considering its affordability and supply. With an ambitious renewable energy target of 50% of its power supply by 2030, is there a prominent role for geothermal in Saudi Arabia’s energy mix?
Jamaica Public Service Company has reported that 520,000 smart meters were installed at the end of January, corresponding to about 75% of the customer base. The rollout, launched in 2015, has seen a J$14 billion (US$90 million) investment as part of the initiative to modernise the electricity network and improve the customer experience.
Hydro One and NV Energy success stories highlight innovative use of AI to improve EV adoption and integration WASHINGTON, D.C. February 11, 2024 Smart ElectricPower Alliance (SEPA), in partnership with Bidgely , has released a new Insight Brief: AI for Transportation Electrification. and LOS ALTOS, Calif.,
Japanese automotive manufacturers Honda Motor and Mitsubishi have announced plans to establish a new 50/50 joint venture (JV) company called ALTNA in July 2024. The new JV is based on an agreement the two companies signed in October 2023 to collaborate on new EV businesses. Source: Honda
The number of smart meters in North America reached almost 146 million at the end of 2023 and with ongoing growth is expected to number 182.9 million smart electricitymeters in the US and 15.4 over the period to 2029, the penetration of smart meters in the US should increase to 94% and in Canada to 96% in that year.
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.
Chinese manufacturer MingYang Smart Energy has unveiled a 264-meter tall, 16-megawatt capacity offshore wind turbine. 242 becomes the world’s largest hybrid drive wind turbine with a 242-meter diameter rotor, 118-meter long blades, and 4,600 m2 swept area. The MySE 16.0-242 ” The MySE 16.0-242
Centre stage in this week’s Smart Energy Finances is the closing of an acquisition by CPower. The DER company has acquired Centrica’s demand response division, bolstering their DER capacity from 5.6GW to 6.3GW. CPower closes Centrica demand response acquisition. Other stories of note include RWE’s $6.8
Xcel Energy is planning to install around 100,000 smart meters in each of its North and South Dakota service areas. The full rollout of the approximately 100,000 smart meters in each state is expected to run well into 2025. ” Xcel Energy launched its Wisconsin smart meter rollout in September 2023. .
The uncertainties centre on Equinor’s backing for new “net zero” gas-fired power plants fitted with technology to capture carbon dioxide (CO2) billowing from their smokestacks, and bury the gas in disused oil and gas fields under the North Sea. Credit: Sabrina Bedford. percent of the UK’s current yearly emissions.
Millions of smart water meters are proposed for installation before 2030 and beyond in Britain as water companies seek to reduce leakages and consumption. million people with water supply, aims to complete its full smart meter rollout by 2030. South West Water proposes to install about 530,000 smart meters. Have you read?
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.,
billion Self-Generation Incentive Program budget to help low-income communities install about 100 megawatts of stalled behind-the-meter battery projects. The shift won’t tap the $613 million in SGIP funds earmarked for low-income and medically vulnerable customers at highest risk of fire-prevention power outages. California Sen.
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. Demand side measures. Image: GridBeyond.
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.
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.
The Paris Olympics International Olympic Committee (IOC) will deploy Energy Expert, a data-driven and cloud-based solution, to help measure and analyse smart meter-gathered power consumption data from across all 35 competition venues of the forthcoming Paris 2024 Olympics Games.
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?
Brazilian energy distribution firm Energisa Group is expanding the rollout of mPrest’s transformer health management system (mTHM) following a successful pilot. The pilot included the use of mTHM to monitor the health status of 112 transmission and distribution transformers. Have you read?
Smart Energy Solutions (SMS) has begun laboratory testing of Interoperable Demand Side Response (IDSR) solutions as part of the UK Government’s Flexibility Innovation Programme. This step change in interoperability and interchangeability needs to come soon, and it won’t be simple for manufacturers.
Power-management multinational Eaton has announced investments in its North American manufacturing and operations to meet growing demand for electrical solutions from customers in utility, commercial, health care, industrial and residential markets.
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
V2G tech company Nuvve and battery specialist Guangzhou Great PowerEnergy and Technology Corporation have announced a strategic partnership to accelerate the deployment of stationary storage batteries and their integration with the power grid.
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.
Sustainable Commercial Landscaping and Lawn Care. Lawncare and landscaping businesses that are eco-friendly and practice sustainability are realizing real benefits including cost savings, new customers, and sales growth. Customers Are Demanding Sustainability. Going Green is Good for Business.
H2 is gaining an increasing spotlight as General Motors moves forward with clean energy General Motors’ (GM) electrification strategy is increasingly focusing on hydrogen fuel cells as promising technology that is quietly but significantly altering the company’s approach to clean energy.
The rapid rise of artificial intelligence (AI) is bringing raising questions and concerns about its energy consumption. While already widely used but still growing in business applications it is yet to take off at the consumer level – and as it is made more accessible that use is likely to be massive. Have you read?
utility can reach net-zero carbon emissions by 2050 while still keeping natural gas as a central part of its business, both to generate electricity and to sell to its customers. utility has yet fully fleshed out how it intends to eliminate natural gas power plants from its generation portfolio. To be sure, no U.S.
4-County ElectricPower Association (4-County) in partnership with communications solutions firms DZS and Irby Utilities is expanding the rollout of a fiber network from pilot phase into full implementation. The fiber network is a foundation by the co-op to offer other smart city services as well.
This week Connecticut Governor Lamont signed a new law that will require the state to install 1 GW of energy storage by 2030 with milestone requirements every three years: 300 MW by 2024, 600 MW by 2027 and 1 GW by 2030. The Energy Storage Association (ESA) applauded the move.
Bihar Partners with Bidgely to Reduce Energy Theft and Revenue Leakage Through AI-Powered Data Analytics Combination of AI and smart meter data accurately detects tariff misuse, direct theft, meter tampering and other non-technical loss LOS ALTOS, Calif.,
In this debut of the Power Playbook, our spotlight on the finance and investment side of the energy transition, Yusuf Latief investigates how Vehicle-to-grid (V2G) tech is becoming a burgeoning market space ripe with investment opportunities. billion by 2026 , growing at a compound annual growth rate (CAGR) of 4.28% from 2021 to 2026.
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. Last month, the U.S.
Today, on the first day of Enlit Europe 2023 in Paris, ABB launches two industry reports, sharing insights on the key digitalization and sustainability trends that are shaping the energy transition. In response, businesses need to focus on reducing capex, improving operational productivity and maximizing the assets they already have.
Anyone working in the energy sector knows by now that it is undergoing an unprecedented and rapid change, requiring the introduction of many new and previously unknown technologies. But still meters – in many cases now, smart meters – remain the main ‘connection’ with customers and thus the cornerstone of a utility’s operations.
The hydrogen market will result in one of the largest disruptions to the energy sector in history and will help decarbonise the landscape, thanks to an anticipated $10 trillion spend to be made through 2050. This is according to a new report released by Rethink Energy, Hydrogen to clean up energy with $10 trillion spend.
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content