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Factors driving the global smart meters market

Smart Energy International

A new report published by Research and Markets states that the global smart meters market will expand by 9% between 2021 and 2026 and highlights factors driving the market. billion in smart grid investments is expected to be made in the Asia Pacific between 2018 and 2027. billion to $30.2 billion to $30.2 Have you read ?

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Smart meters market to exceed $55.7bn by 2028 – study

Smart Energy International

The smart meters market is expected to surpass $55.7 Rapid expansion and modernisation of grid infrastructures along with growing awareness of energy conservation will propel the smart meters market scenario. • million by 2025 Gas and power prices continue to soar due to Ukraine conflict. Market factors.

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50,000 smart meter LoRaWAN retrofit in Indonesia

Smart Energy International

Singapore smart meter provider Sindcon is to retrofit its network of more than 50,000 smart meters in Indonesia with ST Microelectronics’ LoRaWAN wireless microcontrollers. The retrofit, which encompasses electricity, gas and water meters, is aimed to enable remote meter reading in the diverse environments around the capital Jakarta.

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SP Group’s industrial IoT network to connect 300K smart water meters

Smart Energy International

PUB, Singapore’s national water agency, is using an Itron industrial IoT network canopy for smart water metering from SP Group, a utilities group in the Asia Pacific, to connect some 300,000 residential and C&I smart water meters and drive water conservation goals. PUB’s Smart Water Meter Program.

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Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year.

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Taiwan Power Company assesses grid inertia as fossil plants go offline

Smart Energy International

Concerned about grid inertia, Taiwan’s state-owned electric utility Taiwan Power Company (TPC) has partnered with UK tech company Reactive Technologies Limited (RTL) to use its grid stability measurement platform. Sign up to our newsletter and stay informed

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Floating offshore wind farm to power 1 million South Korean homes

Renewable Energy World

Shell and CoensHexicon have formed a joint venture to build a massive floating offshore wind farm off South Korea. terawatt hour (TWh) of clean energy every year, enough to power more than 1 million homes once it’s completed. Joe Nai, Shell’s general manager of offshore wind in Asia, said in a statement.