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Buried deep underground at depths of 1,093 to potentially 3,000 meters, the deposit is part of the Carboniferous aquifer and demonstrates substantial concentrations of naturally occurring hydrogen. This discovery is not just about France; it represents a possible game-changer for the clean energy landscape.
The number of smart meters in NorthAmerica reached almost 146 million at the end of 2023 and with ongoing growth is expected to number 182.9 In a new study, Berg Insight reports that at the end of 2023, the overall penetration in NorthAmerica surpassed 80% with 130.6 million in 2024 and gradually decline to 14.9
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.
Xcel Energy has announced the start of the rollout of smart electricitymeters in its Wisconsin service territory. The installations will start in the company’s southern communities and will lead to the installation of more than 260,000 of the new smart meters in the service area through 2025. million electricity and 2.1
Eversource is ready to instal smart meters for its more than 1.2 The proposal, which was filed in November 2021, forms part of Eversource’s electricity system modernisation and is intended to replace mostly end of life meters – most of them AMR drive-by read meters, which were installed in the early 2000s – with smart meters.
San Diego Gas & Electric (SDG&E) has filed a $3 billion plan for the years 2024-2027 towards its ongoing clean energy drive. Among the major investments detailed is the implementation of the next generation of smart meters in order to give customers more control, access and insights into their energyusage.
The directional well was drilled into a fracture zone at 7500-8000 feet (2286 – 2438 meters) deep. The estimated capacity of the well is estimated to exceed 200 MWth, and will be more than enough for the 15 MWe Lightning Dock power plant. The geothermal field was put up to sale due to underperformance issues.
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.
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.,
In September, BMW , Ford and Honda agreed to form an equally owned company named ChargeScape to create a platform connecting electric utilities, automakers and interested EV customers. It is expected to be operational early in 2024. Source: Honda
Image: GM General Motors’ initial new home energy products are now available to purchase, including the equipment necessary to turn your GM-made electric vehicle into a mobile power generator for your home. Right now, GM only has one electric vehicle that’s capable of bidirectional charging: the 2024 Chevy Silverado EV RST.
The Illinois Commerce Commission has approved a smart meter collaboration that enables Peoples Gas and North Shore Gas to securely transmit natural gas meter data via ComEd’s smart grid communications network. Smart meter data insights. North Shore Gas expects to complete the implementation of AMI by the end of 2023.
Washington state utility Tacoma Public Utilities is close to completing a 300,000 smart electricity and water metering project. The smart metering upgrade, which began five years ago, is focussed on putting in place a future-proof electricity and water metering infrastructure for the city’s growing number of residents.
This surge has significant implications for consumers, industries, and energy markets worldwide. Severe Weather is Driving Demand Higher Arctic conditions across NorthAmerica and Europe have dramatically increased heating demand, leading to higher natural gas consumption. As more U.S.
Xcel Energy is planning to install around 100,000 smart meters in each of its North and South Dakota service areas. The new rollouts have kicked off in Fargo and West Fargo in North Dakota and Sioux Falls in South Dakota. ” Xcel Energy launched its Wisconsin smart meter rollout in September 2023. .
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.
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.
Honeywell invests in Sparkmeter SparkMeter, a provider of grid management services, equipment and software solutions across Africa, Asia and the Americas, has secured a strategic $5 million investment and global partnership with Honeywell Smart Energy, a utility digital solution provider. stake in energyRe Giga Projects.
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.
Total and Marubeni will own a 40 percent stake in the project with Siraj Energy, a joint venture between Qatar Petroleum and Qatar Electricity & Water Company, owning the remainder. Qatari national power firm Kahramaa has signed a 25-year power-purchase agreement for the output of the project.
Puerto Rico utility Luma plans island-wide smart meters among smart grid and other initiatives to improve reliability and services for customers over the next three years. In addition, more than 300,000 streetlights are to be installed in 78 municipalities over the next three years.
?Atlantic City Electric will start the broad installation of new smart meters for its nearly 565,000 customers beginning in September 2022, and continuing through 2024. According to the electric utility, there will be no upfront cost to customers for their new smart meters.
Rapid growth in EV charging points in France, supplier switching on the back of Britain’s smart meter data network, energy harvesting for wearables and the opportunity to balloon to the edge of space are on this week’s technology radar. Energy harvesting with a wearable. 1 million EV charge point milestone in France.
Centre stage in this week’s Smart Energy Finances is the closing of an acquisition by CPower. Upon the close of the transaction, previous Centrica demand response customers will join CPower and will be able to tap the company’s industry expertise and technology to support their energy portfolios across the US.
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.
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.
While the smart grid innovations – as measured by the number of smart grid ‘international patent families’ (IPFs) as a share of the overall power IPFs – have been on the decline since a high in 2011, they increased dramatically in 2022, provisional data indicates. Have you read?
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.
ChargePoint’s brand-new Network Operations Center (NOC) will implement 24/7 proactive station monitoring, and will use predictive analytics and machine learning to more rapidly detect station downtime. The company will also introduce a comprehensive training program to certify electrical contractors that install EV charging infrastructure.
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.
CES 2024 took place in Las Vegas, Nevada, and with it came a slew of new product announcements and unveilings from the tech world. In a parking garage equipped with an automated valet parking system, electric cars featuring this technology can drive themselves to an available parking space furnished with a charging spot.
CES 2024 took place in Las Vegas, Nevada, and with it came a slew of new product announcements and unveilings from the tech world. In a parking garage equipped with an automated valet parking system, electric cars featuring this technology can drive themselves to an available parking space furnished with a charging spot.
The IEA’s Electricity2024 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% in 2023, less than the 2.4% annually through 2026.
Energy harvesting brings carbon benefits, Fike Blue to quench battery thermal runaways and a quantum-space collaboration are on the week’s technology radar. “Products like ours, which allow us to eliminate unnecessary energy consumption, represent quick and affordable wins compared to extensive infrastructure investments.”
SWTCH Energy , which provides EV charging and energy-management solutions for high-density urban settings, raised a $27.2M Department of Energy (DOE) as part of the Advanced Energy Project Tax Credit (48C) program for its metal-refining facility in Fairfield, Ohio. tax credit allocation from the U.S.
Decentralisation, blockchain and AI, the future grid and the space race are some of the areas in which numerous advances have been made in 2023 and are set to continue during 2024. But for this one I have decided to take a forward look to 2024 – and would invite your feedback on its focus and style for the year ahead. Have you read?
The US Energy Information Administration (EIA) has launched a survey on the electricity consumption of cryptocurrency mining in the country. The EIA is running the survey from February through July 2024 with identified commercial cryptocurrency miners, who are required to respond with details related to their energy use.
The Utah Frontier Observatory for Research in Geothermal Energy (Utah FORGE) has published a progress report on their groundbreaking EGS project following stimulation and circulation tests. State-of-the-art seismic monitoring mapped these fracture networks. The production well 16B(78)-32 was subsequently drilled in 2023.
Agag added that the launch is more than about unveiling a new vehicle, it’s also about “pioneering the future of sustainable motorsport” Agag further stated that hydrogen fuel cells provide an incredible opportunity to lower the carbon footprint of motorsport and promote clean power solutions. meter-wide (7.87
gigawatts of solar, wind and battery storage projects, part of a massive clean energy growth plan that will open the utility's six-state territory to third-party renewable energy developers. Its solar power is being largely targeted for Utah, Wyoming, Oregon and Washington. PacifiCorp has opened bids for up to 4.3
Puerto Rico utility Luma’s smart meters will replace the almost 1.5 million meters that were damaged by Hurricane Maria in September 2017. Other benefits anticipated include faster service response and restoration times, support for new energy savings and efficiency programmes and more accurate invoicing and billing control.
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 fourth episode of GeoTV is now online featuring a recap and interviews from the 2024 Geothermal Rising Conference in Hawaii. With over 1,200 global leaders in attendance at the event, this episode dives into the growing momentum of geothermal energy and its role in tackling the climate crisis. Watch the 4th episode of GeoTV here.
Although Ørsted faces competition from companies such as RWE, Iberdrola, Vattenfall and Shell, “Looking five years ahead, I don’t think other developers can beat them for the ‘first’ title,” said Feng Zhao, strategy director at the Global Wind Energy Council, an industry group based in Brussels.
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