Even though an extension of the Production Tax Credit (PTC) was estimated to cost more than $12 billion over 10 years, the PTC was extended as part of the American Taxpayer Relief Act of 2012 (the bill that averted the fiscal cliff), which passed in the Senate early on New Year’s day. The wind energy Continue reading →
“Electricity Submetering for Smart Grid – Global Market Size, Key Issues, Regulations, Competitive Landscape and Forecast to 2020” provides an in-depth analysis of the electricity submeter market, at global and national levels. The global electricity submeter market is currently in the growth stage with key deployments restricted to the North America and Europe region. The Continue reading →
Utilities worldwide spent a total of $13.9 billion on smart-grid technologies in 2012, representing a 7% increase on spending in 2011, according to new research from Bloomberg New Energy Finance (BNEF). The market-research outfit expects spending to increase at a compound annual growth rate (CAGR) of 10.4% over the next five years to reach $25.2 Continue reading →
Reportlinker.com announces that a new market research report is available in its catalogue: Smart Grid Communications Network Market in the US 2012-2016. TechNavio’s analysts forecast the Smart Grid Communications Network market to grow at a CAGR of 17.66 percent over the period 2012-2016. One of the key factors contributing to this market growth is the Continue reading →
TechNavio’s analysts forecast the Smart Grid Communications Network market to grow at a CAGR of 17.66 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing construction of large smart grids. The Smart Grid Communications Network market has also been witnessing the increasing communication network services leasing. Continue reading →
The commercial sector offers a significant opportunity for growth in the demand response (DR) market, and the number of commercial facilities participating in DR programs worldwide will rise from fewer than 600,000 in 2012 to more than 1.4 million sites by 2018, finds a new report from Pike Research. via Renew Grid: The Commercial Sector Continue reading →
One of the key factors contributing to this market growth is the increasing investment in smart grid construction. The Global Flywheel Energy Storage market has also been witnessing increasing investment in energy storage technology. However, the lack of familiarity with flywheel technologies could pose a challenge to the growth of this market. via Research and Continue reading →
Jon Wellinghoff, chairman of the Federal Energy Regulatory Commission, delivered a powerful message to some 3,000 people attending the keynote session last month at POWER-GEN International in Orlando, Fla. His message to the nation’s power sector was essentially a warning for power generators to adapt to a world of greater efficiency and meager consumption growth. Continue reading →
TechNavio’s analysts forecast the Smart Grid Communications Network market to grow at a CAGR of 17.66 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing construction of large smart grids. The Smart Grid Communications Network market has also been witnessing the increasing communication network services leasing. Continue reading →
SolarCity Corp., which completed its initial public offering in December 2012, has provided an update on its deployment totals for the previous fiscal year and issued predictions for the next fiscal year. In fiscal-year 2012, the company deployed 156 MW, against a plan of 146 MW deployed. This represents 117% growth over 72 MW deployed Continue reading →
With its rapid growth, Indonesia faces a daunting challenge to upgrade its various critical infrastructures — from roads to airports to energy infrastructure. Yet the price the country will pay in failing to invest in its infrastructure is enormous. Last week, once again, we saw Indonesia’s largest airport and main gateway crippled by a blackout Continue reading →
With a 70-million-euro expansion of its High-Power Laboratory in Arnhem, the Netherlands, DNV KEMA will create what it says is the first laboratory in the world in the extreme testing segment for super grids. The company defines super grids as bulk energy transport at 800 kV+ levels (800,000 volts and above). “It is evident that Continue reading →
A survey of electric utilities in the U.S. and Canada points to the likelihood of “very good growth” for EMS, SCADA, DMS and OMS between 2013 and 2015, according to Newton-Evans Research. The firm says a large percentage of utilities it surveyed are planning upgrades or retrofits for SCADA systems. via Smart Grid: Survey says Continue reading →
The need for reliable, high-quality power and increased energy efficiency are underscored by the growing interest in the capabilities of smart grids throughout the world. A new study report from Frost & Sullivan focusing on Europe identifies which smart grid sectors in the region are exhibiting the most robust growth opportunities. It also outlines the Continue reading →
Sam Sciacca, an IEEE senior member and consultant, works on utility automation, smart grid, and cyber security standards and has co-authored an in-depth article on limitations to the implementation of IEC 61850, which attempts to achieve interoperability in substations and other areas of the grid. As standards are the means to economies of scale, market Continue reading →
IEEE announced today the release of a new report that they commissioned. The report details how energy storage, distributed generation and microgrid technologies stand to evolve given the rapid deployment of the smart grid across the globe over the next five years. via Strong potential growth for storage, distributed generation and microgrids: pv-magazine.
The market for plug-in electric vehicles (EVs) is growing more competitive, as a variety of auto manufacturers are increasingly offering plug-in hybrid and battery electric vehicles. The early-adopter market is being driven largely by lower operating costs and the desire for zero-emissions driving. However, these two key drivers are not proving to be as effective Continue reading →
With a 70-million-euro expansion of its High-Power Laboratory in Arnhem, the Netherlands, DNV KEMA will create what it says is the first laboratory in the world in the extreme testing segment for super grids. The company defines super grids as bulk energy transport at 800 kV+ levels (800,000 volts and above). “It is evident that Continue reading →
The Wi-SUN Alliance, a global organization leading standards compliance and interoperability testing of Smart Utility Networks, announced today continued rapid growth of its membership with many additional companies and institutions recently joining the Alliance. These new members strongly enhance the Alliance’s existing coalition of leading silicon vendors, networking companies and utility equipment providers cooperating to Continue reading →
The Global Smart Grid Home Area Network (HAN) market to grow at a CAGR of 17.05 percent over the period 2011-2015. One of the key factors contributing to this market growth is the integration of various technologies into the power grid. The Global Smart Grid HAN market has also been witnessing an increase in standards Continue reading →
