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A new report published by Research and Markets states that the global smart meters market will expand by 9% between 2021 and 2026 and highlights factors driving the market. billion in smart grid investments is expected to be made in the Asia Pacific between 2018 and 2027. billion to $30.2 billion to $30.2 Have you read ?
A new market study by Global Industry Analysts Inc. GIA) shows that the global market for smart electricitymeters is expected to reach $15.2 The prediction comes courtesy of market research publisher GIA’s latest report, Smart ElectricityMeters – Global Market Trajectory & Analytics. billion by 2026.
India’s Panaji Municipal Corporation has awarded its smart water metering contract to Cranberry Analytics for use of its smart meters. The award will see Cranberry utilise Semtech’s LoRa devices and the LoRaWAN standard into its ultrasonic smart water meters. Have you read: AMI to influence utility cybersecurity spend for 1.3
As the 2020s progress, flexible energy portfolios will grow significantly as resources on either side of the meter proliferate in the U.S., Europe, Asia and beyond. Both electric vehicles and electric heat are expected to see record growth in the 2020s. Today, the U.S. gigawatt-hours today. and Europe.
Several floors below the firm’s balcony, power lines crisscross over piles of garbage, a fleet of rickshaws and cow patties on a rooftop, being dried for cooking fuel. ” Rapid growth in India’s renewable energy sector is driving demand for new technologies to modernize the country’s power sector.
Industry group calls on governments to ensure regulation is fit for purpose and “look beyond LCOE”, in order to accelerate growth of wind energy and meet climate targets. According to the report, 2019 was the second biggest year for wind power historically, with installations of 60.4
Remote minigrids are a tough market for a traditional smart meter vendor. The meters that minigrids use need to be cheap, rugged and reliable, and they must be able to adjust to the often unstable operating conditions of solar-powered standalone grids. ” The World Bank’s International Finance Corp.
sources include vehicle emissions, coal-burning power plants, industrial emissions, and burning agricultural waste. One clear finding from this year’s report is that its impact on health disproportionately affects poorer regions, with exposure levels particularly high in cities in parts of Asia, Africa, and Latin America.
Narendra Modi’s clarion call for becoming ‘AatmaNirbhar’ in energy sector, DISTRIBUTECH India 2022, together with POWERGEN India and Indian Utility Week, India’s leading EnergyBusiness Platforms, will be organised from 12th-14th October 2022 in New Delhi, India. Have you read? ABOUT DISTRIBUTECH INDIA.
Nowadays, there is a growing discussion in the newspapers and media about smart water meters. But each person has a different understanding of the smart water meter and how it helps to improve the operational performance of water companies. Smart water meters: challenges in Africa. Smart water meter technology.
Energy sector digital identity app spins off for global use, an intelligent power solution for China’s high energy physics platform and a hydrogen-powered superyacht unveiled are in the week’s technology radar. The power system includes 138 panels of UniGear ZS1 MV switchgear, 318 panels of MNS3.0 Have you read?
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 smart electricitymetering market in Asia-Pacific is on its way to reaching a historic milestone of 1 billion installed devices, according to a new research report from IoT analyst firm Berg Insight. Asia-Pacific rollout. million units in 2021 to 1.1 billion units in 2027. million units.
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.
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.
The new version comes in a 10-foot cube shape, which the company plans to use as the building block for storage plants small and large, in place of the long rectangular containers from previous iterations. It follows similar product updates from other leading storage integrators, like Tesla’s Megapack and Powin Energy’s BESS.
Validation efforts include comparing methane emissions detected by Tanager-1 with those from coordinated under-flights with methane-sensing aircraft and controlled release testing where ground teams release precisely metered amounts of methane while the satellite images. During a single overpass on Oct.
Driven by the era of the IoE, such as AI and IoT, heat meters have become one of the leading measuring instruments related to people’s livelihood. According to the national energy-saving regulations, the newly built commercial houses in the north of China stipulated that each household must install a heat meter.
Heading into fall, this batch of career updates from the worlds of sustainability and business is somewhat top-heavy. Amid myriad social, health and political crises, business sustainability is alive and well and living the Paris Agreement. The streaming media giant just started reporting on its renewable energyusage last winter.
In this iteration of Smart Energy Finances Weekly, the Asian region shows interest in smart metering and electric vehicle (EV) expansion while flexibility and energy storage continue to prove key markets in the European domain. million smart meters currently deployed and operational. Trilliant’s APAC expansion.
Shell and CoensHexicon have formed a joint venture to build a massive floating offshore wind farm off South Korea. terawatt hour (TWh) of clean energy every year, enough to power more than 1 million homes once it’s completed. Joe Nai, Shell’s general manager of offshore wind in Asia, said in a statement.
EDF leads a proof-of-concept on automating renewable energy transactions and Eurelectric’s study on the benefits of matching energy consumption with clean energy on a (near) real-time basis are on the week’s technology radar. Have you read?
The operators of the Qingshui geothermal power plant in Yilan County, Taiwan, have announced that the project has now produced more than 38 million kWh of electricity as of the end of July 2023 since i ts opening in October 2021. The reservoir temperature is around 180 degrees Celsius at a depth from 1,200 to 2,100 meters.
Representatives of business and industry groups more than doubled at the UN’s latest biodiversity summit, DeSmog has found, sparking fears over the growing influence of powerful private sector bodies. The rise in industry delegates was proportionally higher than the increase in overall attendees, which rose by 46 percent.
In the space of just a few days, two separate projects have brought the promise of offshore floating solar a step closer to commercial reality. Fred Olsen has “great plans” for commercialization, he said, and offers the opportunity to deploy offshore floating solar at the sort of scale needed to make it competitive.
The development and use of smart grid technologies is now one of the largest challenges in electrical engineering. Since twenty years, an electrical supply system that is intended to increase operational effectiveness and give possibilities for incorporating distributed resources is referred to as a smart grid.
Tokyo motor majors Honda and Mitsubishi have announced plans to establish a new company, ALTNA Corporation, to create new businesses encompassing the full value chain of EVs, from battery recycling to their role as a power grid asset.
For this episode of the Local Energy Rules Podcast, a rebroadcast of episode 127 of the Building Local Power Podcast , host John Farrell speaks with guest Jean Su. Farrell and Su discuss how legal advocacy for energy democracy can overcome utility barriers to a renewable energy economy.
Singapore smart meter provider Sindcon is to retrofit its network of more than 50,000 smart meters in Indonesia with ST Microelectronics’ LoRaWAN wireless microcontrollers. The retrofit, which encompasses electricity, gas and water meters, is aimed to enable remote meter reading in the diverse environments around the capital Jakarta.
Additionally, the growing adoption of electric vehicles (EVs) has also created a demand for the development of advanced charging infrastructure in cities worldwide. Integrating EVs in smart cities may create such benefits by providing energy storage and creating new revenue streams from EV batteries.
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.
Below he discusses the issue of water pollution in the fashion industry. The fashion industry is reliant on water. Startlingly, the fashion industry is now the second largest generator of pollution on Earth after the oil industry, which is driven by the snowballing effect of ‘fast fashion’.
Modvion builds wind towers from sections of specially prepared wood laminate panels. If successfully commercialized, Modvion’s solution would solve the transport problem, while also replacing carbon intensive-steel with what could be a carbon-negative alternative. First commercial Modvion wind tower next year.
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 electricityusage.
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.
Concerned about grid inertia, Taiwan’s state-owned electric utility Taiwan Power Company (TPC) has partnered with UK tech company Reactive Technologies Limited (RTL) to use its grid stability measurement platform. Sign up to our newsletter and stay informed
This heat feeds surging demand for electricity and increased strain on already taxed power grids. These climate change linked trends are highlighting the growing need for distributed energy resource management systems (DERMS) that can manage the grid intelligently while quickly responding to the real-time needs of grid operators.
The South Korean and Japanese automotive giants are in discussions to create a new business, preparing for the increasing role of electric vehicles (EVs) within vehicle to grid (V2G) systems. and Mitsubishi Corporation (MC) signed a memorandum of understanding (MoU) to initiate the discussions on the potential new businesses.
We are in the middle of peak summer season across the northern hemisphere and the electric grid is already groaning and straining under increased demand. Rolling power outages, alarming spot market energy prices, failing power plants and last minute cries for help from the grid operators, have become the norm.
The research – ‘ Decarbonisation through Digitalisation’ – seems to show that manufacturing businesses are investing in digital technologies more than ever before and reaping multiple benefits, including productivity increases, product improvements, reduction in waste and labour efficiencies.
In the move to a customer-centric, distributed energy system, data is playing an increasingly central role. Utilities are facing a torrent of energy data that must be managed and processed in as close to real time as possible. Events are identified and pre-set, according to the business and operational needs of the organization.
This week’s edition of Smart Energy Finances sees a new study from BDEW and CapGemini detail how sustainable transformation and decarbonisation purchasing are more important than ever for Austrian and German utility Environmental, Social, and Governance (ESG) goals. ESG for utilities: decarbonisation on the up. Microgrid debt financing.
The plan, which builds out the Italian gas operator’s recent strategic plan setting out about €8.6 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
The Energy Development Corporation (EDC) recently celebrated the 40th year anniversary of the Tongonan geothermal power plant in the Leyte geothermal field of the Philippines. After several years of intensive exploration and development work, the Tongonan-1 geothermal power plant was inaugurated on July 02, 1983.
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