Energy Management News

INEOS (Ineos), a UK-based multinational chemicals company, is reportedly in exclusive talks with ConocoPhillips, an American multinational energy firm, for the acquisition of ConocoPhillips’ assets inside the North Sea. Reports cite, the deal could potentially transform the London-based chemicals company into a major player in the North Sea oil & gas production sector, building upon the ...

Nov. 19, 2018

By Global Market Insights, Inc.

DNV GL recently released its first annual Battery Performance Scorecard, to help equip energy storage product buyers with objective data to guide their purchase strategies. The Battery Performance Scorecard provides independent ranking and evaluation of battery vendors based on ...

Nov. 19, 2018

By Smart Grid Observer

New York State has announced a series of broad-scale initiatives to encourage the purchase and increase the convenience and accessibility of electric vehicles (EV). The expansion of public fast charger networks across the state, approved regulatory actions to lower residential charging rates, and more than 11,000 rebates issued to consumers for purchasing electric vehicles is helping to ...

Nov. 19, 2018

By Smart Grid Observer

The Federal Energy Regulatory Commission's Office of Enforcement in fiscal 2018 maintained its sharp focus on the significant threat posed by fraud and market manipulation in wholesale energy markets to ensure such conduct did not undermine FERC's goal of ensuring efficient energy services at reasonable cost or erode confidence in those markets to the detriment of consumers and competitors. The ...

Nov. 18, 2018

By Smart Grid Observer

A new research report commisioned by Drax Group plc shows that businesses and families in London and Scotland are better placed to take advantage of the benefits of the ‘energy revolution’, including cheaper energy bills, electric vehicles and smart appliances.  ...

Nov. 18, 2018

By Smart Grid Observer

The European Parliament has recently signed off on new renewables and energy efficiency regulations, including the approval of a renewable energy target of at least 32 percent for 2030. The renewables target would be binding throughout the European Union (EU).The European Commission (EC) claimed in its statement that after the new policies are implemented fully, a reduction of 45 percent in ...

Nov. 18, 2018

By Global Market Insights, Inc.

Enedis, the leading European energy distributor, has entrusted Orange Business Services to support its transition toward a more effective and smarter electricity distribution network. The energy transition is characterized by the growth of fluctuating and decentralized energy production (wind and sun) and the rise of new uses, such as self-consumption and electric vehicle charging. In this ...

Nov. 15, 2018

By Smart Grid Observer

Editor's Note: The following is an excerpt from Navigant Research's recent report on the BYOD market.  Reprinted with permission. The global electric power industry is shifting away from centralized power generation toward a mix of distributed ...

Nov. 15, 2018

By Smart Grid Observer

Sparkfund and GridPoint recently announced that they have partnered with Shell in the launch of a new offering, Shell Energy Inside. Shell Energy Inside is part of Shell New Energies, Shell’s division that provides low carbon solutions to meet the world’s evolving energy needs. The offering is a subscription approach to smart buildings and pairs technologies such as HVAC, lighting, energy ...

Nov. 15, 2018

By Smart Grid Observer

Recently (11/14), the U.S. Department of Energy announced awards of up to $7.5 million to support the research and development of innovative designs that will strengthen the resilience of the U.S. power grid. The selected projects will lead to the next generation of transformers that can be shared and replaced more easily in the event of a failure, are smarter with embedded sensors and analytics, ...

Nov. 14, 2018

By Smart Grid Observer

Casella demonstrates its commitment to reducing environmental risks with the new solar panel and battery power options available with the Guardian2 - the small form factor, multi-agent total environmental monitoring system. ...

Nov. 14, 2018

By Casella

Itron has announced that the company will collaborate with Alternative Energy Systems Consulting (AESC) and other companies in a project funded by California Energy Commission. Itron will be a leading technology provider in a project to manage load for customers as part of the Smart Home Study. The project will improve the load shape and minimize customer utility ...

Nov. 13, 2018

By Smart Grid Observer

Advancing efficient and equitable approaches to update the utility business model—motivated by emerging technological, policy and market conditions in the electric power sector—is crucial to the grid’s transition to a more secure, clean and affordable customer-centric system, according to a new report released today. Five case studies illustrating various business model reforms in action ...

Nov. 13, 2018

By Smart Grid Observer

Lightsource BP, a renowned UK-based solar energy developer, has reportedly announced that it has signed two separate deals to construct two brand-new solar energy projects in the U.S. The largest solar energy developer in Europe that specifically focuses on acquisition, development and management of wide-scale smart energy solutions and solar energy projects, would be constructing a 9 MW solar ...

Nov. 12, 2018

By Global Market Insights, Inc.

The Government of Israel has reportedly announced that it would be tendering off around 19 offshore blocks in a new eastern Mediterranean oil & gas exploration round. With the new exploration bidding round, the government hopes to bounce back from last year’s disappointing oil & gas bidding round, cite reliable sources. According to a press release from Israel’s Ministry of ...

Nov. 11, 2018

By Global Market Insights, Inc.

Schneider Electric recently announced it will deliver Finland's largest industrial microgrid and an advanced IoT-enabled building automation system for Lidl's new distribution center in Järvenpää, Finland.  The unique distribution center that will cover a surface of 60,000 m2, the largest in Finland and equivalent to 10 football fields in size, will ...

Nov. 8, 2018

By Smart Grid Observer

Note: The following is an excerpt from Navigant Research's recent report on global data centers.  Reprinted with permission Data ...

Nov. 8, 2018

By Smart Grid Observer

The tumbling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company BloombergNEF (BNEF). The global energy storage market1 will grow to a cumulative 942GW/2, 857GWh by 2040, attracting $1.2 trillion in investment over ...

Nov. 8, 2018

By Smart Grid Observer

More than nine in 10 utilities executives (94 percent) believe that their electricity distribution business’ earnings growth will remain under severe pressure until approximately 2025. However, they’re far more optimistic about earnings growth potential in the subsequent years, driven by efficiency and improved network performance enabled by the latest digital technologies and ...

Nov. 7, 2018

By Smart Grid Observer

The countdown’s begun for Ecomondo and Key Energy, unmissable appointments in the Mediterranean area for the green and circular economy and renewable energies, organized by Italian Exhibition Group (IEG) and being held from 6th to 9th November at Rimini expo centre. To support Italian ...

Nov. 7, 2018

By Italian Exhibition Group S.p.A.