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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 2029. million in Canada.
Over the past decade, London-based Kiwi Power has harnessed a gigawatt of flexible commercial and industrial loads in 10 European countries into behind-the-meter networks of energy flexibility, capable of serving wholesale capacity markets , reducing strain on distribution grids, or responding to second-by-second frequency regulation signals.
PEM electrolyzer: a fast-growing technology The green hydrogen, obtained from water electrolysis fed by renewable sources , is expected to be a key factor in decarbonizing the global economy, acting as an energy vector and sustainable chemical feedstock to mitigate climate change. GW to 80 GW by 2030 and to 580 GW by 2050.
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.
New Orleans headquartered energy company Entergy has reported upgrading more than 3 million electricitymeters for home and business customers. Over one million smart meters were installed during the past year. Over one million smart meters were installed during the past year. Have you read?
A settlement has been reached on the FirstEnergy Ohio utilities’ second phase grid modernisation plan, including expanding the state smart meter rollout. The first phase included the installation of approximately 706,000 smart meters , while the second phase will allow for expansion for the remaining estimated 1.4
Rhode Island Energy will deploy Landis+Gyr’s Gridstream Connect AMI network and Revelo smart meters across its service territory. The Revelo metering platform features grid edge sensing and edge computing capabilities to manage load and support grid troubleshooting, with the Revelo meter operating on Landis+Gyr’s RF Wi-SUN network.
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.
Sangha Systems, developers of an 82-MW cryptocurrency mining facility at a former steel mill in Hennepin, Illinois announced that it has signed a letter of intent (LOI) with AEP OnSite Partners to develop a 2 – 5-MW behind-the-metersolarpower array to begin to migrate its electricity consumption towards clean energy.
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 power grid resource. Canada and Australia, according to Wood Mackenzie data. Leading U.S. Leading U.S.
As the 2020s progress, flexible energy portfolios will grow significantly as resources on either side of the meter proliferate in the U.S., power system has more than 50 gigawatts of behind-the-meter flexible resources at its disposal, consisting of distributed energy resources (DERs) already enrolled in demand response programs.
Engie is on the lookout for more clean energy acquisitions in the U.S., where the company plans to ramp up its investments into grid-scale batteries, hybrid renewables projects and offshore wind, says NorthAmerica chief Gwenaelle Avice-Huet. “Do we want to continue with acquisitions? Last year Engie signed more U.S.
are making batteries, solar systems, electric cars, generators and other similar resources more valuable in wholesale markets, we’re seeing a new wave of business activity. distributed energy resource capacity will reach nearly 390 gigawatts by 2025. Optimize your solarpower plant.
This week’s edition of Smart Energy Finances sees three load shifting investments take centre stage as demand response becomes a more notable priority for utilities the world over. 120 million for Swell Energy’s VPP suite. 120 million for Swell Energy’s VPP suite.
Private equity fund Blackstone Energy Partners has bought its way into the commercial and industrial energy storage market by acquiring Toronto-based NRStor C&I. That market has stimulated growth as the commercial demand charge management business model faced headwinds in the U.S.
Renewable energy retailer Octopus Energy US is partnering with Enphase Energy, Inc., a supplier of microinverter-based solar and battery systems, to create a Texan Virtual Power Plant (VPP). This is the latest move from Octopus Energy in its US market.
Circuit breakers are everywhere, providing critically important electrical safety in buildings, vehicles and electrical devices of all kinds. The company commercialized a UL-listed solid-state digital circuit breaker in 2019. Now it is expanding into two new markets: EV charging and residential energy automation.
Total control of powerusage: from solar to EV and back to the house. Emporia Energy, which makes an energy management system for homes and small businesses, has launched a new smart Level 2 charger, and plans to offer bidirectional capability soon. The last one I was running is called Concord Energy.
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.
Limited visibility and understanding of distributed energy resource (DER) behaviour is creating operational challenges, Siemens has found in a new study with utilities in the US and Canada. Source: Siemens’ Seeing behind the meter survey Have you read?
The growth of Home Energy Management (HEM) has led to a burgeoning, heretofore fragmented market, within which rages a business battleground of players large and small. The key to winning, explains Yusuf Latief in Smart Energy International ’s Power Playbook column, will be ownership of customer confidence.
As blackouts become more common due to the severity of climate change, sources of continuous battery backup power can be one less headache—and a life-saving advantage—to fire departments and emergency services already faced with rising costs and operational challenges, explains Lance Honea of Swell Energy. are volunteers.
New Hampshire Electric Cooperative (NHEC) this week announced the completion of its first utility-scale energy storage project. MW battery project was developed in partnership with ENGIE NorthAmerica. The battery unit has on-site fire suppression equipment and will be monitored 24 hours a day, year-round.
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.
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.
Corporations aren’t just interested in renewable energy; they are a leading driver of its growth. According to data from Wood Mackenzie Power & Renewables, corporate customers procured a total of 5.8 gigawatts of wind and solar projects in 2018, an increase of 109 percent over the previous year.
residential energy aggregator Social Energy is planning international expansion after gaining multimillion-dollar backing from U.S. ” Minneapolis-based CarVal Investors bought into Social Energy in December last year, the energy company said in a press release. Power Networks. In the U.K., In the U.K.,
Itron and Schneider Electric have announced a collaboration, integrating their intelligent grid and distributed energy resource (DER) management solutions to digitalise the demand and supply of electricity.
Hoymiles has announced the North American launch of its three-phase microinverter, the HMT-2000-4T-208-NA series. This new microinverter is purpose-built to meet the demands of high-powered PV modules and deliver strong performance, cost-effectiveness and safety for commercial and industrial PV applications across NorthAmerica.
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.
Alberta utility ATCO is to install an advanced metering infrastructure and distribution management and other systems as part of the province’s electricity grid modernisation. billion by 2035 for smart renewable energy and electrical grid modernisation projects. Have you read? Together these projects are receiving Ca$75.6
Over the past decade, Geli has seen its software put to use to design, install and operate megawatts of grid-connected and behind-the-meter battery and microgrid projects. Batteries are becoming an increasingly valuable addition to distributed solar projects, and that's true both for homeowners and some commercial customers.
Public Service Company of New Mexico (PNM) has outlined a six-year $344 million modernisation plan for the electricity grid, with smart meters and cybersecurity as central components. According to the utility, their electricity grid serves more than 530,000 New Mexico customers. PNM Smart meters.
Michael Pariser is on the origination and power marketing team at EDF Renewables NorthAmerica. *. Many of the largest corporate electricity consumers in the U.S. have committed to reducing their carbon footprint by powering their operations with renewable energy. Annual RECs: a good place to start, but.
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. More than 64,000 customers with 396MW of rooftop solar PV were connected, with the number averaging 3,000 new connections per month. Have you read?
Stephanie Wu – senior analyst of Omdia smart buildings and energy infrastructure – writes on the new era of approaching software-defined solutions, citing its debut with advanced metering infrastructure (AMI) applications in developed markets. Software adoption and managed services in the metering market.
Friendly Technologies IoT platform for smart meter management, a Maryland microgrid for powering an electric bus fleet, solar harvesting to power IoT sensors and new Perovskite solar cell advances are on the week’s technology radar. The ‘Friendly’ platform for smart meters and IoT devices.
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. where developers are increasingly pairing large-scale solar arrays with batteries.
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. Customers can also stack the benefits of payments for solar generation on top of this.
Vermont power distribution company Green Mountain Power is piloting LO3 Energy’s Pando local energy marketplace platform. Green Mountain Power’s ‘Sun Match’ pilot is aimed to enable low and middle-income customers to benefit from solarpower without them having to build their own systems.
Exceedingly few batteries actually live up to the vision of “storing clean power for when the sun isn’t shining.” The year started with AES completing the largest solar-plus-storage facility in the world for the Kauai Island Utility Cooperative. Storage comes to the South.
Electric vehicles are going to be a major load on the grid, which makes them either a threat or an opportunity to utilities, depending on how their charging is managed. EV chargers can pull as much grid power as an entire home when charging at full, he noted.
Following earlier announcements of new electricity, water and hydrogen meters another pair of new meters are launched and the US Department of Energy launches an office to focus on emerging technologies in the week’s technology radar. Have you read?
Enphase Energy has booked about 50 megawatt-hours of sales of its long-promised Encharge battery in North American markets since launching it in July, tapping a growing demand for energy storage from residential solar customers, and laying the groundwork for a more complete home backup power system set to arrive early next year.
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