04. July 2017 · Comments Off on Utilities need to plan for a 100% renewable energy future, even if it never happens · Categories: News · Tags: , , , ,

Utilities are not like most businesses. They place 30-year wagers on the way we will generate and consume electricity to ensure there’s a reliable supply far into the future. Multibillion-dollar investments build long-lived things like transmission lines, coal boilers, and nuclear reactors.

Source: Utilities need to plan for a 100% renewable energy future, even if it never happens — Quartz

27. January 2016 · Comments Off on Interstate for Electrons: The answer to intermittent renewables · Categories: News · Tags: , , , ,

With improvements in transmission infrastructure, weather-driven renewable resources could supply most of the nation’s electricity at costs similar to today’s, according to a new study by NOAA (National Oceanographic and Atmospheric Administration) and the Cooperative Institute for Research in Environmental Sciences (CIRES) at the University of Colorado Boulder, which used a sophisticated mathematical model to evaluate future cost, demand, generation and transmission scenarios.

Source: Interstate for Electrons: The answer to intermittent renewables – SmartGridNews

18. January 2016 · Comments Off on Are You Prepared for the Internet of Things? · Categories: News · Tags: , , , ,

The Internet of Things can bring remarkable benefits as well as substantial challenges to today’s ever-changing business environment. No industry will remain untouched, as physical assets are equipped with sensors to create interconnected electronic network systems that record, process and transmit information. The McKinsey Global Institute estimates the IoT will produce $11.1 trillion annually in global economic value.Business-to-business transactions are projected to generate upwards of $5 trillion in global GDP as manufacturing, agriculture, energy and real estate industries incorporate IoT advancements. The IoT can optimize operations as electronically tagged and interconnected sensors are embedded into equipment and products throughout the manufacturing, inventory and supply chain. These smart networks can track the production, performance and location of physical goods.

Source: Are You Prepared for the Internet of Things?

06. January 2016 · Comments Off on A look ahead for IoT: What’s next in 2016? · Categories: News · Tags: , , , ,

In 2015, the Internet of Things (IoT) developed significantly and saw increased interest from a range of industries. A whole host of new IoT devices emerged, especially in the wearable sector. In fact, the global market for wearable devices grew by 223 per cent. FitBit shipped 4.4 million devices, and Apple sold 3.6 million Apple Watches.IoT also fuelled important advances in healthcare in 2015, including the continuing development of IoT devices to monitor the supply chain of medicines and patients’ adherence to medical regimens. In addition to this, IoT was a hot topic in the automotive industry in 2015, as driverless cars seemed to be in the headlines every week.

Source: A look ahead for IoT: What’s next in 2016? | ITProPortal.com

06. November 2015 · Comments Off on Home Automation Market to Top $100 Billion by 2020 · Categories: News · Tags: , , , ,

The report predicted the use of wearable devices to passively supply data to control smart home devices will emerge as a key use case towards 2020.Consumer spending on smart home services, including entertainment, health, energy and home automation will reach $100 billion by 2020, well over twice the estimated spending for this year, at $43 billion, according to a Juniper Research report.

Source: Home Automation Market to Top $100 Billion by 2020