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E-REDES passes 5.5 million smart meter milestone

Smart Energy International

million smart meter mark with meters with active remote services. million smart meters installed and 90% of the equipment is already under remote management, allowing automatic data collection, exempting consumers from sending readings and enabling the issuance of invoices by suppliers, without resorting to estimates or adjustments.

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Eaton invests more than $500 million in North American manufacturing

Charged

Power-management multinational Eaton has announced investments in its North American manufacturing and operations to meet growing demand for electrical solutions from customers in utility, commercial, health care, industrial and residential markets.

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525,000 smart meter rollout planned for Rhode Island

Smart Energy International

Rhode Island Energy has got the go ahead for an almost 525,000 smart electricity meter rollout in the New England state. A key driver for the rollout is that approximately 60% of Rhode Island Energy’s electricity meters across the state are nearing the end of their design life and need to be replaced.

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Reaching COP28 energy goals requires real VPP progress in 2024

Smart Energy International

Power grids globally must be upgraded by 2040 to keep the lights on. And while these upgrades will likely cost trillions, virtual power plants (VPPs), writes Autogrid’s Gisela Glandt , can curb these costs to the tune of $10B annually. Making 2024 count – First steps Climate conversations are now mainstream. Have you read?

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Cars instead of cables: V2G’s potential to enhance a flexible energy system

Smart Energy International

Although the electrification of road transportation represents a significant challenge to our energy systems, adding pressure on power grids at the national and local levels, V2G provides immense potential as a source of flexibility to support the energy system of tomorrow, explains Francesco Nobili of Charles River Associate (CRA) Energy.

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Smart Energy’s Power Playbook: Revving up the V2G market

Smart Energy International

In this debut of the Power Playbook, our spotlight on the finance and investment side of the energy transition, Yusuf Latief investigates how Vehicle-to-grid (V2G) tech is becoming a burgeoning market space ripe with investment opportunities. This is what has caught our eye.

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Smart Energy Finances: Strong grid tech props up Siemens Energy in Q1

Smart Energy International

Siemens Energy’s positive Q1 results due to the strong performance of its Grid Technologies and Transformation of Industry portfolios lead this week’s Smart Energy Finances analysis. Siemens Energy’s strong Q1 Revenue came in at €7.6 billion ($8.2 billion) reflecting a 12.6%