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A new love story: Electric vehicles and the electric grid. How will the electrical grid handle so many vehicles charging at once? Especially when fast-charging stations gulp down prodigious amounts of power? You can shift a lot of the electric vehicle charging to line up with those times," Langton said.
Barcelona-based Wallbox (NYSE:WBX) has added its Eco-Smart and Power Boost homeenergy management features to its US charging products. Eco-Smart and Power Boost now come standard with Wallbox’s Pulsar Plus, a 48-amp, 11.5 Full-Green Mode detects when there is surplus solar energy available, and uses it to charge the EV.
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.
FERC’s annual smart metering and demand response assessment highlights annual increases averaging around 8 million new smart meters. The assessment, compiled as a statutory requirement annually, quotes 2021 smart meter data as the latest, with numbers of 111.2 million metering endpoints in the US. Have you read?
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.
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. In its filing, Eversource estimated a benefit-cost ratio of 1.2
According to a new whitepaper from Guidehouse Insights, there is an extensive base of smart meters set for upgrade and replacement over the coming decade in both the US and Western Europe. This is due to the initial surge in smart meter installations experienced during the late 2000s and early 2010s. ”
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.
The growth of HomeEnergy 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.
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.
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.
Ontario-based electric utility and distributor Alectra Utilities is deploying a grid modernisation software suite and metering technology to improve the performance of the distribution grid.
Australian energy chiefs have welcomed the release today of two reports setting out options for the country’s future electricity market makeup. One of the big questions is around demand response, and who will oversee a market that has only started emerging in Australia. Centralized or decentralized control?
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.
residentialenergy 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.,
Bidirectional charging and the vehicle-to-home and vehicle-to-grid applications it enables (collectively known as V2X) have the potential to turbocharge the EV industry, both by providing valuable features for drivers and by making EVs into an asset for the electrical grid. The other one is connected to the whole-home backup.”
Canada’s IESO, OEB, BluWave-ai and Hydro Ottawa will collaborate to pilot the use of artificial intelligence (AI) to coordinate electric vehicle (EV) charging in Ottawa during peak electricitydemand. The hope of the project is to save customers money while extending the life of electricity infrastructure.
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.
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?
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.
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.
Pacific Gas & Electric is partnering with distributed energy platform Virtual Peaker on the WatterSaver pilot. The programme is designed to incentivise customers on a time-of-use (TOU) rate to heat water when electricity prices are lower. Have you read? Sign up to our newsletter and stay informed.
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.
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.
Researchers at Pacific Northwest National Laboratory (PNNL) have developed a control system to enable homes to provide flexibility to the grid. In the US the system could benefit an estimated 120 million homes. In the US the system could benefit an estimated 120 million homes. Have you read?
Consumers, businesses, and government organisations can use IoT monitoring systems to improve the energy efficiency of everything from individual homes to entire cities – potentially helping to slash carbon emissions. Smart home technology helps consumers go green.
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.
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.
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. In 2017, battery software startup Greensmith was bought by Wartsila and German energy storage software and project owner Younicos was bought by Aggreko.
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.,
EDF Renewables NorthAmerica, along with NV Energy, McCarthy Building Companies and the Moapa Band of Paiute Indians, has celebrated the completion of the Arrow Canyon Solar+Storage Project. The energy generated is supplied to NV Energy through a 20-year power purchase agreement.
Exceedingly few batteries actually live up to the vision of “storing clean power for when the sun isn’t shining.” It serves clean power at night cheaper than incumbent fossil fuels. Again, no aggressive climate or clean energy agenda to speak of, just a lot of sun. The utility asked for more later in the year.
residential solar inverter and optimizer sales, and microinverter maker Enphase, its distant second-place contender, both reported strong fourth-quarter 2019 earnings this week and forecast continued growth in 2020, sending their share prices up. SolarEdge, the market leader for U.S. For fiscal year 2019, it earned a record $1.43
Explore the fundamentals of Bidgely’s EV load disaggregation and application to the demand side management of EV chargers, challenges of EV detection and estimation, user charging insights pulled from AMI data, and time of use demand response opportunities. Fig 1: Industry trends on the Electric Vehicle market. million EVs.
Explore the fundamentals of Bidgely’s EV load disaggregation and application to the demand side management of EV chargers, challenges of EV detection and estimation, user charging insights pulled from AMI data, and time of use demand response opportunities. Fig 1: Industry trends on the Electric Vehicle market. million EVs.
Swiss energy services company, Energie Wasser Luzern (ewl), has deployed Nokia’s PON fibre solution in collaboration with its subsidiary, arcade solutions ag, to meet growing demand for more capacity, speed and smart metering services. ” Sign up to our newsletter and stay informed. “Ewl
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 North American arm of European energy giant Engie SA and climate-focused investor Hannon Armstrong announced Thursday they will partner on a 2.3-gigawatt billion in tax equity financing from Bank of America and HSBC for its 2-gigawatt portfolio still under construction in the U.S. gigawatt portfolio of U.S.
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.
Energy management specialist EnergyHub has partnered with charger manufacturer Enel X to expand the availability of smart charging stations as a flexible distributed energy resource (DER) for utilities. EnergyHub’s Mercury DERMS platform allows utilities to monitor, coordinate, and orchestrate EV charging in concert with other DERs.
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.
The IEA’s Electricity 2024 report records electricitydemand 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% The update finds that world demand for electricity grew by 2.2%
Itron’s 2023 industry insight report finds that half of utility executives cite grid modernisation and infrastructure upgrades as the top barrier to the energy transition. The report is based on a survey of 250 utility executives at electric, gas and water utilities and a cross-selection of 10 state utility respondents. Have you read?
There were nearly 5 million light-duty electric vehicles on the road at the end of 2018 — roughly 50 percent more than the year before. The electric vehicle (EV) revolution depends on getting the right infrastructure, in the right locations. Getting the right mix of public, residential and workplace units is vital.
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