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New patents to integrate artificial intelligence into power grids have grown sixfold in recent years, with the United States and China leading the way in AI for smart grid development, according to a new study by the European Patent Office (EPO) and the International Energy Agency (IEA).The report, Patents for Enhanced Electricity Grids, shows ...
Swiss-based Alpiq has placed an order with Merus Power to build a 30 MW/36 MWh energy storage facility in Valkeakoski to be connected to Fingrid's grid. Merus Power has carried out the project development work and is responsible for the overall supply of the energy storage facility. In addition, the parties have concluded a contract for operation maintenance services. ...
HighlightsGlobal star investors Galvanize Climate Solutions and Lightrock back Octopus EnergyComes just one month after Octopus' mega deal with existing investorsReaffirms Octopus' $9bn valuation - a 15% increase since the last round 6 months agoOctopus Energy grows its influence around the world with new investors Galvanize Climate Solutions and Lightrock joining its investors' table. The deal ...
Electriq Power Holdings, a provider of intelligent energy storage and management solutions for homes and small businesses, announced this week that its battery storage system, the PowerPod 2 and proprietary operational software, is compatible with California's new Demand Side Grid Support (DSGS) program. DSGS is a California statewide program introduced by the California Energy Commission. It ...
As extreme heat records fall across the West and strain the power grid, San Diego Gas & Electric is piloting a virtual power plant (VPP) to reduce energy demand and put electricity back on the grid during peak hours -- through leveraging the capabilities of customer-owned smart thermostats, rooftop solar, energy storage and other connected resources such as water pumps. A VPP uses advanced ...
Leap reports that the company's New England launch includes innovative new offerings and opportunities that help DER providers deliver more value to New England customers by participating in multiple grid revenue streams in the region. Leap is facilitating the participation of the first DERs in the Massachusetts Clean Peak Energy Standard (MA CPS) program, introducing an opportunity for its ...
Shifted Energy, a leading distributed energy resources (DER) platform, this week (March 6) announced the closing of a $4.3M seed funding round that will help the company expand energy efficiency programs and distribute smart energy products. Co-led by EPIC Ventures and Kapor Capital, with participating investors Buoyant Ventures, Startup Capital Ventures x SBI Fund, and Hunt Development, the ...
Fluence Energy, a leading provider of energy storage products and services, this week (Feb 22) announced that Fluence Mosaic , an intelligent bidding software for grid-scale energy storage and renewable assets, has launched in the Electric Reliability Council of Texas (ERCOT) wholesale power market, starting with over 350 MW of battery-based energy storage assets scheduled to commence operations ...
FlexGen Power Systems, Inc. (“FlexGen”, or the “Company”), a leading energy storage solution and software technology provider, has announced Gary Cristini as Chief Financial Officer. Cristini joins FlexGen’s Leadership Team and will oversee the accounting, tax, treasury, human resources, strategic financial planning, and operational finance activities for the ...
ByFlexGen
PXiSE Energy Solutions enthusiastically announces that effective January 1, 2023, Tim Allen has assumed leadership as President and CEO. Tim brings more than 22 years of experience across utility-scale solar, wind and energy storage projects, software controls, investor-owned utility, independent power producer and pure developer realms. His unique set of skills, beginning with an Electrical ...
The Catalan company, which since 2020 is part of the technology firm Spacewell – integrated in the multinational Nemetschek – has managed to become, from Barcelona, the energy hub of the group. Dexma offers intelligent tools based on artificial intelligence and data, which allow companies to analyse and optimise their ...
Also, companies increase their attractivity towards customers by becoming more sustainable. Spacewell Energy (Dexma) provides data-driven Energy Intelligence through a Software-as-a-Service (SaaS) solution. It reports the energy consumption, analyzes usage patterns as well as inefficiencies, and ...
Voltus, a distributed energy resource (DER) software platform provider, together with Highland Electric Fleets, a provider of fleet electrification-as-a-service in North America, this week announced a partnership to deliver grid reliability to the PJM wholesale electricity market using electric school buses from Maryland’s Montgomery County Public Schools (MCPS). The MCPS school bus deployment ...
Our already complex power grid is getting even more intricate, thanks to distributed energy resources (DERs) -- devices that generate power and store energy locally - such as solar panels, batteries, electric vehicles chargers, HVAC systems, smart water heaters and highly efficient heat exchangers. With these devices growing in popularity, more technologies are interconnecting with the grid, ...
MPC Energy Solutions (MPCES) has partnered with Leclanché one of the world's leading energy storage companies, to build the previously announced 35.7 MWp solar photovoltaic and 18.2 MW battery energy storage system (BESS) project designed with Leclanché Energy Management Software (L-EMS) in St. Kitts' Basseterre Valley, next to the capital city of Basseterre. The project requires ...
BluWave-ai and the City of Summerside have announced the first end-to-end AI-optimized smart grid in North America. BluWave-ai notes that it is the first industry proof point of a scalable system applicable to entire states and countries for moving their energy networks towards maximized use of renewable assets. In October, BluWave-ai started streaming commands for controlling battery storage, ...
VPInstruments is proud to introduce release 7 of the VPVision energy management system. VPVision is the complete real-time energy monitoring solution for all utilities within your company. Real-time energy monitoring is key to energy savings. VPVision is your guiding hand to target energy savings and to improve the performance of your factory.In this newest release 7, the VPVision software has ...
Established in 1963, the R&D 100 Awards is the only S&T (science and technology) awards competition that recognizes new commercial products, technologies and materials for their technological significance that are available for sale or license. The R&D 100 Awards have long been a benchmark of excellence for industry sectors as diverse as telecommunications, high-energy physics, ...
AutoGrid, a leader in AI-powered energy flexibility management software, and Intertrust, a leading data rights management software company announced a partnership recently to add AutoGrid's Flex product to the Intertrust CleanGrid toolkit. Intertrust CleanGrid is an open, modular toolkit that is designed to provide utilities and city planners the capability of planning rapid infrastructure ...
Mitsubishi Electric Corporation announced today, together with its U.S. subsidiary Mitsubishi Electric Power Products, Inc., that it has entered into an agreement to acquire UK-based Smarter Grid Solutions (SGS). SGS is a leading global provider of distributed energy resources (DER) management software for power distribution utilities and DER operators.Electric grid operators throughout the world ...