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Smart electricity meters market to surge to $15.2 billion by 2026

Smart Energy International

(GIA) shows that the global market for smart electricity meters is expected to reach $15.2 The prediction comes courtesy of market research publisher GIA’s latest report, Smart Electricity Meters – Global Market Trajectory & Analytics. Increased investments in smart grid establishments. • billion by 2026.

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Electrical distributor EIS to acquire Power Grid Supply

Smart Energy International

EIS, a distributor of electrical process materials and components in North America, announced the successful acquisition of Power Grid Supply (PGS), a supplier of transformer parts and components for the production, repair, and remanufacturing of transformers.

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Brazil’s Copel advances with smart meter rollout

Smart Energy International

Following the passing of the 500,000 smart meter milestone Paraná state utility Copel is advancing with the second phase of the rollout. The first phase of the rollout was focussed on the southwest region of Paraná state in Brazil’s southeast, while the second started in the metropolitan region of the capital, Curitiba.

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Eaton invests more than $500 million in North American manufacturing

Charged

Power-management multinational Eaton has announced investments in its North American manufacturing and operations to meet growing demand for electrical solutions from customers in utility, commercial, health care, industrial and residential markets. The majority of these investments are expected to be completed in 2024 and 2025.

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Emporia’s energy management system prepares for the bidirectional EV charging future

Charged

Total control of power usage: 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.

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Smith College, MA embarks on $220-million geothermal project

ThinkGeoEnergy

A series of wells at a depth of 800 feet (~243 meters) will be drilled and connected in a closed loop. The project is divided into three phases, and work on the first phase has already started on the buildings in the North Campus near Henshaw Avenue. This is expected to be completed by spring or summer next year.

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Delivering a net zero-ready grid

Smart Energy International

New demands on the network from the cars we drive, to the way we heat/cool, or power our homes will change the traditional power flows and role of the electricity network. Society can move faster than power networks. Experiential data shows that one EV takes about the same amount of power as one house in a year.