Power Distribution News

Global energy as a service market was valued at approximately USD 960 million in 2017 and is expected to generate revenue of around USD 12,179 million by 2024, growing at a CAGR of around 43.75% between 2018 and 2024.The rapid adoption of renewable energy sources, such as solar, tidal, and wind, is expected to foster ...

Jul. 4, 2019

By Zion Market Research

Portland General Electric Company recently (7/15) announced the launch of its Smart Grid Test Bed, a first-of-its-kind-project that will integrate smart grid technology on a scale never before attempted in the United States. The project aims to accelerate PGE's vision for a clean energy future through partnering with customers in entirely new ways to decarbonize the grid."We're using ...

Jul. 15, 2019

By Smart Grid Observer

Tendril and Simple Energy today announced they have merged their business operations and formed a new market leader: Uplight. By combining the recent acquisitions of EEme, EnergySavvy and FirstFuel with Tendril’s data analytics platform and Simple Energy’s consumer engagement marketplace, Uplight offers a comprehensive suite of customer-facing solutions to electric ...

Jul. 15, 2019

By Smart Grid Observer

Fingrid is extending the test for real-time publication of balancing power pricing data. The aim is both to increase the transparency of the electricity market and to create a level playing field for all operators on the market. Fingrid targets to enable the participation of flexible electricity consumption, ...

Jul. 15, 2019

By Smart Grid Observer

This paper explores the benefits and market opportunities for Hybrid Power Plants (HPPs). As the share of variable renewable energy in power grids increases, a discussion on the potential advantages of HPPs, comprising wind or other renewables, with or without storage, has been evolving.Currently, the number of such HPPs under development or already operating in Europe is very limited. Their ...

Jul. 15, 2019

By Smart Grid Observer

Distributed Energy Resource Management System (DERMS) software company Smarter Grid Solutions (SGS) recently (7/12) unveiled ANM Strata 2.0, the next generation of its flagship product following successful on-grid deployments and pilot projects in the US, UK and Germany. ANM Strata 2.0 is the most widely deployed and versatile DERMS on the market, with enhanced tools for data analytics, ...

Jul. 14, 2019

By Smart Grid Observer

Enel X, the Enel Group’s advanced energy services business line, launched its new electric mobility unit in North America by integrating the company’s US-based electric vehicle (EV) charging solutions subsidiary, formerly known as eMotorWerks, into the Enel X brand as of July 12. With the launch of this new unit, the company will add JuicePass, Enel X’s new EV charging app as well as eMotorWerks’ ...

Jul. 14, 2019

By Smart Grid Observer

Six words grab John Perkins' attention whenever he sees a presentation from the Advanced Research Projects Agency-Energy: "If it works, will it matter?""On that slide, will it matter?' is in a much bigger font than if it works,'" said Perkins, the National Renewable Energy Laboratory's (NREL's) laboratory program manager for the 10-year-old agency (ARPA-E). "The point of that is they are willing ...

Jul. 7, 2019

By Smart Grid Observer

According to the report published by research firm Zion Market Research, the global smart grid market valued at approximately USD 29.86 billion in 2017 and is expected to generate revenue of around USD 60.29 billion by 2024, growing at a ...

Jul. 7, 2019

By Zion Market Research

NEDO, Sharp Corporation (Sharp), and Toyota Motor Corporation (Toyota) recently announced a plan to commence public road trials from late July 2019. The trials aim to assess the effectiveness of improvements in cruising range and fuel efficiency of electrified vehicles equipped with high-efficiency solar batteries.To facilitate the execution of this trial, Sharp modularized its world-class, ...

Jul. 4, 2019

By Smart Grid Observer

Utilidata, an industry leader in energy optimization software extending from the substation to the grid edge, and Sense, whose intelligent home energy monitor provides real-time insights into energy and device activity in the home, recently (7/2) announced that they are joining forces to create a digital twin of the electric grid that maps ...

Jul. 4, 2019

By Smart Grid Observer

Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are accelerating the pace of the global energy transition, according to the latest EY research in collaboration with IDC, a leading global analyst house. A year ago, EY teams and IDC mapped the major drivers to determine when three tipping ...

Jul. 4, 2019

By Smart Grid Observer

In January 2007, California launched a $3.3 billion ratepayer-funded effort to install 3,000 megawatts (MW) of new distributed solar over the next decade and transform the market for solar energy by reducing the cost of solar generating equipment. The California Public Utilities Commission’s (CPUC) portion of the solar effort is known as the California Solar Initiative (CSI) program. The CSI ...

Jul. 2, 2019

By Smart Grid Observer

The Solar Energy Industries Association (SEIA) and The Solar Foundation are joining the National Renewable Energy Laboratory (NREL), several national residential solar companies, and other nonprofit organizations to develop new automated permit software for distributed solar and storage, reducing the cost of solar installations and saving resources for local governments and taxpayers.NREL ...

Jul. 2, 2019

By Smart Grid Observer

An Open Ecosystem for the Digital Transformation of Industrial Manufacturing Plants At Hannover Messe 2019, European companies from the mechanical engineering, industrial automation and software industries founded the Open Industry 4.0 Alliance by signing a cooperation agreement. Founding members include BECKHOFF, Endress+Hauser, Hilscher, ifm, KUKA, MULTIVAC and SAP. The alliance is open to all ...

Jul. 2, 2019

By SAMSON AG

In response to growing client demand for tailored solutions balancing conventional and renewable generation sources, as well as more distributed, resilient power sources and grid infrastructure, Black & Veatch recently (7/2) announced the reorganization of its global power business. The new organization elevates focus on Black & Veatch Power's Renewables business and ...

Jul. 2, 2019

By Smart Grid Observer

The National Renewable Energy Laboratory (NREL) received more than $3.2 million from the Technology Commercialization Fund within the U.S. Department of Energy to fund a dozen technology maturation projects.The announcement from the Department of Energy (DOE) this week noted another 65 projects at 11 other national laboratories will receive about $21 million in funds. The Technology ...

Jul. 1, 2019

By Smart Grid Observer

AES Alamitos, a subsidiary of The AES Corporation, recently announced the groundbreaking of a 400 megawatt-hour (MWh) battery-based energy storage system for Alamitos Energy Center (AEC) as part of a larger modernization and replacement project of the existing AES Alamitos Generating Station. The energy storage facility in Long Beach will provide up to 400 MWh of local energy to ensure power ...

Jun. 30, 2019

By Smart Grid Observer

Souce:  The Brattle GroupBrattle economists have released a study that identifies nearly 200 GW of cost-effective load flexibility potential in the U.S. by 2030. This load flexibility potential, which equates to 20% of estimated U.S. peak load in 2030, would more than triple the existing demand response (DR) capability and would be worth more than $15 billion ...

Jun. 30, 2019

By Smart Grid Observer

The race to reduce greenhouse gas emissions is the defining challenge of our generation. The world needs more clean and renewable power quickly, but the accelerated deployment of renewables comes with multiple challenges, including reliability, resiliency, scalability and land use.At peak times, we already have more renewable power than the grid can handle in some US states and countries. Despite ...

Jun. 30, 2019

By Smart Grid Observer