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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
New Orleans headquartered energy company Entergy has reported upgrading more than 3 million electricitymeters for home and business customers. The milestone recorded on December 31, 2021 marks completion of the initial phase of the company’s grid modernisation initiative, which was launched in January 2019.
ChatGrid has been developed as a generative AI solution to simplify and speed up decision making for powergrid operators in the US. With this, the user can then ask a question such as: “What is the generation capacity of the top five wind power generators in the Western Interconnection?”
As the 2020s progress, flexible energy portfolios will grow significantly as resources on either side of the meter proliferate in the U.S., The degree to which this wave of new flexible resources can be tapped for grid-balancing will depend on four key areas, according to a new research insight from WoodMac. Today, the U.S.
In a partnership between Enel NorthAmerica and the largest state utility in Washington, Puget Sound Energy (PSE), commercial, institutional and industrial organisations are offered incentive payments for participating in a demand response programme. million electric customers in 10 counties, namely in Western Washington.
A prosumer-based transactive energy system in the US could bring savings of up to $50 billion per year, modelling by PNNL researchers has found. Other findings are a reduction in daily load swings by up to 44% and consumer savings of around 15% on annual energy bills. 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 powergrid.
Swiss tech major Hitachi Energy has acquired eks Energy in a strategic move to add power and electronics and energy management software to their ever-growing portfolio. Hitachi Energy called the move part of its strategy to meet global demand for battery energy storage solutions.
EIS, a distributor of electrical process materials and components in NorthAmerica, announced the successful acquisition of PowerGrid Supply (PGS), a supplier of transformer parts and components for the production, repair, and remanufacturing of transformers.
Centre stage in this week’s Smart Energy Finances is the closing of an acquisition by CPower. CPower helps DER owners with flexible capacity across industries, including big box retail, commercial real estate, data centers, crypto mining sites, education, healthcare and government, and manufacturing. GW of #DER capacity!
Duke Energy, one of America’s largest energy holding companies, and Amazon Web Services (AWS), are entering a multiyear strategic collaboration to accelerate the utility’s development of smart grid solutions, including new smart grid software and an expansion of their Intelligent Grid Services.
New solutions for a digital grid are being pioneered by Gridspertise building on Enel’s positioning over two decades at the forefront of advances. Smart metering varies markedly across the country and among customer classes and many sources record North American utilities to be lagging in their maturity in supply reliability.
Infravision, a company focused on powergrid modernisation with drone-enabled power line upgrades, announced it has raised $23 million in Series A financing. “We’re confident Infravision’s proven technology is the solution for today and for the future of power line construction automation and grid efficiency.” .
Advanced metering infrastructure (AMI) is being deployed by utilities across the US to give distribution grid operators better tools to manage the grid. APS, which serves 1.3 Sign up to our newsletter and stay informed.
Nearly 30 startups joined our community in the final quarter of 2020, working on innovations as diverse as zinc-ion batteries, long-range weather forecasts, wave energy conversion, and replacements for petrochemical plastics. ELECTRICITY. This energy storage solution is low-cost, flexible, and long-duration. MANUFACTURING.
US asset manager Blackstone announced that private equity funds affiliated with it have closed the acquisition of PowerGrid Components, an electricgrid components manufacturer. Mr. McClure and the other senior leaders will remain with the business in their current positions following the transaction.
The IEA has reported that grids investment is expected to reach $400 billion in 2024, with Europe, the US, China and parts of Latin America leading the way. In 2023, the investment in the grids was about $375 billion, up from less than $350 billion in the previous year. Have you read?
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.
Nostromo Energy, a US-based tech company, is developing an ice-based energy storage system that can operate as a Virtual Power Plant (VPP) to provide demand flexibility to the local powergrid when needed. According to Nostromo, buildings, overall, account for 74% of all electricity consumption.
With this comes a surge in electricity use, mostly from cooling systems. The Electric Reliability Council of Texas (ERCOT) is predicting a historic demand of over 80,000 MW , putting immense pressure on the state’s powergrid. Texas heat waves often result in slim reserve margins, where supply barely meets demand.
” That’s how a range of clean energy advocates and demand response providers are describing the California Public Utilities Commission’s latest plan to prevent a repeat of the state’s August 2020 rolling blackouts this coming summer. “Disappointing.”
Although the proposed ‘all-source’ procurement would allow existing natural gas-fired peaker plants to compete, it could also open a massive new market for renewable energy, energy storage, demand response and other preferred alternatives to fossil fuels. Fitch wrote in Thursday’s proposed decision. gigawatts by 2023.
Emera Technologies has announced that utility Tampa Electric Company (TECO) has purchased, installed and received regulatory approval for its BlockEnergy community microgrid platform. Participants will see 80% of their home energy come from the sun. Image courtesy of TECO. Sign up to our newsletter and stay informed.
Investor-owned utility, Consumers Energy has proposed a $272 million investment in Michigan’s electricgrid in what it said is a bid to increase reliability and prepare the grid for more renewable energy. In the second half of 2021, Consumers Energy filed a five-year, $5.4 per month.
At the foundation of the smart grid is smart meters and AES Ohio expects to have deployed these to 95% of customers by June 2025. The smart grid phase 2 plan has three principal components – automation of distribution operations, advanced grid intelligence and telecommunications and cybersecurity. Have you read?
Uplight, a software provider for utilities, announced an agreement to acquire AutoGrid, a Virtual Power Plant (VPP) and Distributed Energy Resource Management System (DERMS) provider. AutoGrid’s software specialises in electric vehicles, batteries, roof-top solar, utility-scale wind and other DERs.
A new partnership in the US combines a demand response programme with smart air conditioners, enabling a gamified reward system to incentivise consumers to lower consumption at times of peak demand on the powergrid. ” LG and OhmConnect have plans to expand and enhance the service later in 2023.
It is said that to protect from crime one needs to think like a criminal – and that is what the researchers at Red Balloon Security have done in a new investigation into protection relays, one of the commonly used embedded devices in powergrids around the world. Have you read?
At the recent National Association of Regulatory Commission (NARUC) Summer Policy Summit, I saw up close the growing concern about grid reliability among state regulators, utilities and the industry at large. Electricity demand is expected to grow more rapidly with accelerated electrification across the building and transportation sectors.
The US energy storage market broke previous records for deployment across all segments in the final quarter of 2023, with 4,236MW/12,351MWh installed over the period. These additions bring with them critical benefits to our powergrid. With a robust pipeline, the future for energy storage deployment is strong.”
The US energy storage market broke previous records for deployment across all segments in the final quarter of 2023, with 4,236MW/12,351MWh installed over the period. These additions bring with them critical benefits to our powergrid. With a robust pipeline, the future for energy storage deployment is strong.”
One Energy Enterprises, an industrial power solutions company, announced that the first fully digital, plug-and-play, transmission-voltage substation in the US at One Energy’s Findlay, Ohio headquarters, has completed energisation and testing and begun commercial operation.
This week’s edition of Smart Energy Finances looks at Enel SpA ‘s sale of 50% holdings in Gridspertise to CVC for a joint ownership scheme. Gridspertise , which states as its mission the digital transformation of powergrids through advanced network technologies and solutions, was launched just over a year ago, in September 2021.
The US Department of Energy (DOE) is seeking input on a $10.5 billion programme for smart grids and other upgrades to strengthen the country’s electricitygrid. The funding, previously announced and now combined in the Grid Resilience and Innovation Partnership programme, is allocated in three parts – $2.5
Form Energy is partnering up with a US utility Xcel Energy for commercial deployment of its iron-air battery storage system. The 1GWh multi-day storage system will be used to integrate renewables and maintain grid reliability as retiring coal plants in two US states are shut down.
The potential for Enhanced Geothermal Systems (EGS) in the continental United States can reach up to 82,945 GW based on business-as-usual scenarios and up to 184,112 GW considering the scenario of flexible geothermal dispatch. km 3 bulk volume and 10% porosity, and a total of 16 doublets will fill each 18 km 2 grid cell.
Electric vehicle (EV) maker Polestar reduced its per-car greenhouse gas-emissions by six per cent last year as it continues to pursue its "moon shot" target of creating a truly net zero EV by the end of the decade. Through annual reports, we monitor our direction towards our ambitious goals and show that we do what we say.".
The Benefits of Sustainable Business Practices. A green wave is currently surging through the business world in full force, and it’s not expected to let up anytime soon. LED lights are by far the most efficient type of lighting on the market, using 75% less energy and lasting 25 times longer than incandescent bulbs.
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. This is what has caught our eye. The rest of the process is automated.
have unveiled a partnership to establish ChargeScape, an equally-owned venture aiming to bridge the gap between electric utilities, automakers and electric vehicle (EV) customers. The company will operate for consumers in the US and Canada, aiming to unlock the potential offered by EVs for the electricpowergrid.
In addition to celebrating the bill’s clean energy cost-cutting measures and job-creating potential, we are providing a few additional considerations and themes that are relevant to our portfolio and systems change work. Allume Energy , Transcend ). Forest Frizzell, CEO of Shifted Energy. Allison Wolff, CEO of Vibrant Planet.
Generac Power Systems is acquiring Enbala Power Networks, a major step toward putting its market-leading backup generator business and its fast-growing behind-the-meter battery-solar fleet to work as a powergrid resource. Canada and Australia, according to Wood Mackenzie data. Leading U.S.
Swiss tech major Hitachi Energy has announced an upgrade and modernisation of its power transformer factory in Varennes, and other facilities in Montreal, Canada, to address fast-growing customer demand for sustainable energy in NorthAmerica. The additional 130,000 square foot (approx.
Artificial intelligence (AI) has the potential to significantly improve key areas of grid management, a new US Department of Energy report finds. However, it is crucial that new AI use cases do not introduce new risks to the grid, the report states. Have you read?
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