smart grid News
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Technavio Report: Global Smart Grid Market to Reach $173 Billion by 2030
According to a new report (January 2024) from Technavio, the global market for smart grid technologies estimated at $49.8 billion in 2022, is projected to reach a revised size of $173 billion by 2030, growing at a CAGR of 16.8% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record 18.4% CAGR and reach $80 billion by the end of the ...
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Tantalus Launches TRUGrid™ Transformer to Accelerate Grid Modernization
Tantalus Systems, a smart grid technology company focused on helping utilities harness the power of data, this week announced the commercial launch of its data analytics capability, TRUGrid™ Transformer, which is being deployed by a growing number of utilities across North America. TRUGrid Transformer is an expansion of Tantalus’ TRUGrid Automation suite of AI-enabled data analytics. This ...
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Survey: Business Leaders are Overwhelmingly Positive about the Green Transition
Most business leaders believe that responsibility for driving the green transition rests with the private sector rather than policymakers, with the vast majority anticipating more opportunities than challenges. However, rapid progress to a lower carbon economy is under threat from the failure of companies to develop and source sufficient green skills, according to the Green Skills Outlook – new ...
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Biden Administration Invests $2.3 Billion in Projects to Expand Clean Power in Rural Communities
As part of President Biden's Investing in America agenda, U.S. Department of Agriculture Secretary Tom Vilsack this week (March 6) announced that USDA is moving forward on clean energy investments in 23 states to reduce pollution and strengthen rural America's power grid. The announcement includes the first five awards totaling $139 million under the Powering Affordable Clean Energy (PACE) ...
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NERC Submits Comprehensive Work Plan Addressing FERC Order 901 Directives
NERC has submitted a comprehensive Standards Development Work Plan in support of NERC’s 2024 work plan priorities around inverter-based resource reliability risks and to address directives from FERC Order 901. The work plan explains how NERC will prioritize the development of projects consistent with the timelines specified in the order, with full implementation of the resulting standards by ...
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Biden-Harris Administration Announces $24 Million to Expand America's Clean Energy Workforce
In support of President Biden's Investing in America agenda, the U.S. Department of Energy this week (Feb 23) announced a new $24 million funding opportunity for workforce training programs with a focus on training in clean energy jobs that do not require a four-year degree. This funding, from the Bipartisan Infrastructure Law, will further expand the existing Industrial Assessment Centers (IAC) ...
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1,600 MWh Project is One of the Largest Solar + Storage Systems Under Development in the US
rPlus Energies, a leading privately held renewable energy developer, announced that its Green River Energy Center project recently amended its power purchase agreement with PacifiCorp to quadruple the battery storage capacity from 400-megawatt-hours to 1,600 MWh, securing its position as one of the largest solar-plus-storage projects under development in the United States.The project involves ...
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EnergyHub and Toyota Collaborate to Support the Electrical Grid
EnergyHub announced this week that they are collaborating with Toyota Motor North America to improve the electric vehicle ownership experience. A direct integration with EnergyHub’s platform enables Toyota and Lexus drivers to take advantage of certain utility programs designed to reduce the cost of charging for EV customers, while helping utilities ensure grid reliability and accelerate ...
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PG&E Identifies More than 20 Climate-Tech Solutions Aimed at Achieving a Clean Energy Future
Pacific Gas and Electric Company (PG&E) today announced it is exploring more than 20 additional solutions resulting from its 2023 Accelerating Innovation effort which included its first-ever R&D Strategy Report, Innovation Summit and Pitch Fest. PG&E's R&D Strategy Report details 67 challenges that the Company has identified in building a clean energy future for Northern and ...
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New Study Shows Clean Energy Transition Thrives in 2023, Boosted by Federal Policies
U.S. clean energy sectors demonstrated their resiliency in 2023, with both mature and emerging decarbonization solutions seeing growth despite higher interest rates and supply chain difficulties. This strong performance by clean energy sectors is bolstered by a suite of federal policies that provide clear market signals to invest, according to the 2024 Sustainable Energy in America Factbook ...
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2023 Year in Review: Advancing Puerto Rico's Grid Recovery and Modernization
Natural disasters in recent memory have posed significant challenges to Puerto Rico's electrical grid and the more than three million residents it serves. In September 2017, Hurricanes Irma and Maria caused most of the transmission and distribution system in Puerto Rico to collapse, leading to one of the longest blackouts in U.S. history and leaving residents in some parts of the territory ...
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Clean Sources of Generation are Set to Cover World’s Additional Demand Over Next 3 Years
Global electricity demand is expected to grow at a faster rate over the next three years as the clean energy transition gathers speed, with all the additional demand forecast to be covered by technologies that produce low-emissions electricity, according to a new report from the IEA. Electricity 2024 is the latest edition of the IEA’s annual analysis of electricity market developments and ...
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EnergyHub Helps Ontario’s IESO Build Canada’s Largest Residential VPP in Just Six Months
EnergyHub, a leading grid-edge flexibility provider, in partnership with Ontario’s Independent Electricity System Operator (IESO), has enrolled more than 100,000 homes in the Save on Energy Peak Perks™ program in just six months to create the largest residential virtual power plant (VPP) in Canada. It’s the fastest growing flexibility program in EnergyHub’s decade-plus working with over 60 ...
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Ember Study: Half of the World is Past a Peak in Fossil Power
Half of the world’s economies are already five years past a peak in power generation from fossil fuels, new analysis from energy think tank Ember shows. Emissions from these 107 power sectors, representing 38% of global electricity demand, have fallen by almost 20% in the last decade. The vast majority (78) of these economies have displaced fossil fuels from their power sectors through clean ...
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Benefits of Heat Pumps Detailed in New NREL Report
Millions of U.S. households would benefit from heat pumps, but the cost of installing the technology needs to come down to make their use a more attractive proposition, according to researchers at the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL). The findings, detailed in the journal Joule, quantify the costs and benefits of air-source heat pumps across the United ...
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U.S. Announces $623 Million in Grants to Continue Building Out Electric Vehicle Charging Network
The Biden-Harris Administration this week (Jan 11) announced $623 million in grants to help build out an electric vehicle charging network across the U.S., which will create American jobs and ensure more drivers can charge their electric vehicles where they live, work, and shop. This is a critical part of the Administration's goal of building out a convenient, affordable, reliable and ...
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SDG&E Unveils Four Advanced Microgrids to Boost Grid Resilience and Reliability
San Diego Gas & Electric (SDG&E) this week unveiled four new microgrids featuring advanced remote operation capabilities and state-of-the-art safety technologies to help enhance grid reliability and bolster resiliency for the surrounding communities. The four microgrid and energy storage sites, located in the communities of Clairemont, Tierra Santa, Paradise, and Boulevard, will help ...
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EDF Renewables Signs Agreement with Southern California Public Power Authority for Solar + Storage
EDF Renewables North America this week announced a 20-year Power Purchase Agreement (PPA) with Southern California Public Power Authority (SCPPA) for a portion of the Bonanza Solar and Storage project. The carbon-free electricity generated by the 125 MWac solar photovoltaic (PV) system and 65 MW 4-hour Battery Energy Storage System (BESS) is guaranteed to begin delivery to SCPPA’s participating ...
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NARUC Releases New Cybersecurity Baselines for Electric Distribution Systems and DER
The National Association of Regulatory Utility Commissioners, in collaboration with the U. S. Department of Energy Office of Cybersecurity, Energy Security, and Emergency Response, recently (Feb 22) released a set of cybersecurity baselines for electric distribution systems and distributed energy resources that connect to them. This joint initiative recognizes that cybersecurity is an integral ...
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DOE Funding Notice: $10M in Funding to Develop Clean Energy Interconnection Tools
The U.S. Department of Energy Solar Energy Technologies Office (SETO) and Wind Energy Technologies Office (WETO) recently announced the Solar and Wind Interconnection for Future Transmission (SWIFTR) funding opportunity, which will provide up to $10 million to develop new analytical tools and approaches that will accelerate the reliable interconnection of renewable energy into the electrical ...
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