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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.
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. Have you read?
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.,
million smart electricity and gas meters were installed in British homes and small businesses, amounting to 61% of all meters, reports the UK Department for Energy Security and Net Zero in their quarterly smart meter update. million were smart electricitymeters and 14.5 Moreover, 30.8
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.
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.
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.
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
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.
AI Takes Off AI was everyones favorite buzzword this year, but more than that, were only just beginning to realize its incredible value and staying power. Deforestation in Manoel Urbano, Brazil on March 24, 2024. A mountain fire in Ventura County, California on November 6, 2024.
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.
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.
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 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.,
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.
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.,
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
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.
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 “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.
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?
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.,
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.
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?
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
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.
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.
Although the electrification of road transportation represents a significant challenge to our energy systems, adding pressure on power grids at the national and local levels, V2G provides immense potential as a source of flexibility to support the energy system of tomorrow, explains Francesco Nobili of Charles River Associate (CRA) Energy.
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. Funded by the Government’s £1 billion ($1.3
Bidgely Solidifies Energy Industry 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.,
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.,
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.
Home appliances constitute the lowest layer of flexibility in the energy system but arguably they also are one of the most important layers. Interoperability status What then is the status of achieving interoperability of home appliances? 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 consumer watchdog group says that should start with reforming the regulatory structure set in place by 2011’s Energy Infrastructure Modernization Act (EIMA). The workings of the 2011 Energy Infrastructure Modernization Act. EIMA was framed by ComEd and its backers as providing certainty to recovering the costs of a $2.6
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
More than 30 million smart meters are now connected to Britain’s national smart meter network, the Data Communications Company (DCC) has reported. The 30 millionth meter was connected to the network at midday on March 1 by E.ON. million SMETS1 meters were connected to the network. Have you read?
Since 2014, non-residential storage system prices have declined by more than 15 percent in the U.S. Commercial and industrial customers with predictable, peaky loads are increasingly turning to storage to help manage demand charges. non-residential storage segment. non-residential storage segment. MW and MWh), 2018-2024E.
million smart meter mark with meters with active remote services. million smart meters installed and 90% of the equipment is already under remote management, allowing automatic data collection, exempting consumers from sending readings and enabling the issuance of invoices by suppliers, without resorting to estimates or adjustments.
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. Now more than ever consumers are using their purchasing power to push companies to be more sustainable.
Bidgely Unveils New GenAI Integration for Award-Winning UtilityAI Platform and Smarter Energy Management Pioneering first-of-its-kind Generative AI solutions for intelligent grid management and personalized customer experience LOS ALTOS, Calif.,
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