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Posts Tagged ‘smart grid’

27 August 2010

Smart grid project enables wind farms to communicate with electricity network

An innovative smart grid pilot project is being pioneered in the US that will enable wind farms to communicate with the grid and household appliances, under a partnership between the Bonneville Power Administration and the third Mason County Public Utility District.

25 August 2010

US electricity utility NSTAR expands GE self-healing smart grid

US-based electricity and gas utility NSTAR Electric has announced that it will expand its ‘self-healing’ smart grid project powered by General Electric (GE) throughout its service territory to improve power reliability.

16 August 2010

US smart grid market lags behind Europe, says expert

The US smart grid sector is behind its European counterpart due to the lack of regulation enforcing its adoption, an industry expert told NewNet.

13 August 2010

Smart grid acquisitions remain steady as growth continuesp

The number of smart grid acquisitions in July slowed on June’s peak but maintained a high level showing the industry is still upbeat about its future growth, according to an executive brief from business intelligence provider Memoori.

11 August 2010

NewNet Investor Profile: Tucker Twitmyer, Enertech Capitalp

The global energy industry is in desperate need of change and offers a range of opportunities for investors, despite experiencing setbacks due to the financial downturn, according to Tucker Twitmyer of US venture capital firm EnerTech Capital.

6 August 2010

TXU Energy raises smart device target five-fold on strong demand

‘Strong demand’ has led electricity service provider TXU Energy to target the installation of 100,000 energy management devices in the US state of Texas by 2012.

4 August 2010

Europe’s smart meter market to hit $25bn in decade, says report

The European smart meter market will be worth $25bn over the next ten years, according to a new report.

4 August 2010

New Jersey cleantech fund spurs development of next-gen smart solar energy storage

Alternative energy system developer Princeton Power Systems is to develop a $1.5m next-generation energy system that combines solar with smart grid control and lithium-ion batteries by the end of the year, funded by the New Jersey’s Clean Energy Manufacturers Fund.

3 August 2010

US Department of Energy awards $188m to spur SME energy efficiency, calls for PV technology incubator proposals

The US Department of Energy has issued $188m in funding to small businesses in the smart grid and energy efficiency space and is seeking proposals from solar incubator technology companies as it looks to issue a further $11m.

2 August 2010

GE acquires SNC-Lavalin’s smart grid business

General Electric has acquired SNC-Lavalin's Energy Control Systems business as well as its smart grid network management and energy control software, which the company said simplifies the integration of renewable energy by monitoring and analysing natural resources. No financial details were disclosed.

29 July 2010

American Superconductor raises annual forecast on 40 per cent profit margin

Global power technologies company American Superconductor’s year-on-year income has increased nearly five-fold and its revenues have risen a third, pushing the company's profit margin up to 40.1 per cent.

29 July 2010

Landis+Gyr partnership to accelerate UK smart meter roll-out through interoperability

Smart metering technology developer Landis+Gyr will develop standardised interoperable communication equipment and accelerate the roll out of smart meters in the UK, under a newly-formed agreement with manufacturers Elster and Secure.

27 July 2010

Energy storage system developer Xtreme Power raises $29.5m

Texan integrated smart power management and energy storage system developer Xtreme Power has raised $29.5m in venture capital funding, according to a report.

27 July 2010

UK energy regulator Ofgem reengineers network rules to encourage smart grid development

Energy regulator Ofgem will implement new controls to drive forward the UK smart grid and encourage the £32bn of investment needed in the next ten years to support the move towards a low-carbon network.

23 July 2010

Smart grid space offers ‘greenfield’ opportunity, says major telecom company

The utility space is yet to feel the full benefits of digitalisation and provides a ‘greenfield’ opportunity for those operating in the smart grid space, according to a major telecommunications company.

21 July 2010

Governments commit to global clean energy initiatives at Clean Energy Ministerial

The world’s first Clean Energy Ministerial, a meeting between 24 government heads, has resulted in commitments to a raft of initiatives supporting renewable energy markets.

19 July 2010

BT and partners propose long-range radio for UK smart meter roll out

BT has partnered with UK-based infrastructure company Arqiva and information company Detica to offer secure long-range radio technology for the UK Government’s proposed smart metering initiative.

16 July 2010

Samsung Heavy Industries integrates smart SCADA system into US and Korea wind projects

Samsung Heavy Industries has implemented renewable energy consultancy GL Garrad Hassan’s smart GH SCADA system for its new 2.5MW wind turbines under two turnkey project contracts in the US and Korea.

16 July 2010

Siemens to supply turbines for 156MW Scottish wind farm, wins €500m North Sea connection order

Siemens has received an order from Scottish and Southern Energy (SSE) Renewables for the supply of 68 wind turbines for a project in Scotland and will also connect a North Sea farm to the UK mainland under an agreement with transmission specalist transpower.

16 July 2010

Singapore research agency teams with Rolls Royce, SP PowerGrid and Vestas to develop smart grid

The Singapore-based Agency for Science, Technology and Research’s (A*STAR) Experimental Power Grid Centre (EPGC) on Jurong Island has formed strategic partnerships with Rolls Royce, European wind developer Vestas, SP PowerGrid and CEI Contract Manufacturing to develop smart grid and distributed energy technology.

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