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Electrical distributor EIS to acquire Power Grid Supply

Smart Energy International

EIS, a distributor of electrical process materials and components in North America, announced the successful acquisition of Power Grid Supply (PGS), a supplier of transformer parts and components for the production, repair, and remanufacturing of transformers.

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Blackstone acquires Texas-based electric grid components company

Smart Energy International

US asset manager Blackstone announced that private equity funds affiliated with it have closed the acquisition of Power Grid Components, an electric grid components manufacturer. Mr. McClure and the other senior leaders will remain with the business in their current positions following the transaction.

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How the utilities industry is building a sustainable future

Smart Energy International

The energy and utilities industries play a significant role in carbon emissions. In the US, 25% of greenhouse gas (GHG) emissions come from electricity generation. This is not surprising, with coal and natural gas representing about 60% of electrical supply. Energy Transition for Sustainability. Have you read?

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The future of the US electricity system modelled

Smart Energy International

A prosumer-based transactive energy system in the US could bring savings of up to $50 billion per year, modelling by PNNL researchers has found. Other findings are a reduction in daily load swings by up to 44% and consumer savings of around 15% on annual energy bills. Have you read?

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Five predictions for energy transition trends in 2022

Smart Energy International

David Hall of Schneider Electric highlights five trends to watch for power and utility firms this year. The global shift towards more climate-conscious energy efficiency has accelerated the need for sustainable technology to deliver a cleaner, greener, and fairer energy system. Microgrids fit for the future.

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Plugging into electricity’s energy challenge

Envirotec Magazine

How is technology helping to address the challenges faced by power grids? According to the International Energy Agency, global electricity demand rose by more than 6% in 2021, the largest increase since the recovery from the financial crisis in 2010. The energy distribution model is becoming decentralised.

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Smart grid – technologies for the future

Smart Energy International

Today’s power grid operators have a vital role to play in the successful transition to the clean and sustainable energy future that we all want, and our warming planet desperately needs. million smart meters daily. The Group reported in 2022 global revenues of €22 billion.