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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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Hitachi Energy ramps up global transformer capacity with over $1.5bn

Smart Energy International

Hitachi Energy has revealed investments of over $1.5 billion to ramp up its global transformer manufacturing capacity to keep pace with growing demand. The investments will gradually expand the company’s global transformer capacity by 2027 and will be spread across their operations in Europe, the Americas and Asia.

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Technology Trending: Energy sector digital identity app and hydrogen-powered superyacht

Smart Energy International

Energy sector digital identity app spins off for global use, an intelligent power solution for China’s high energy physics platform and a hydrogen-powered superyacht unveiled are in the week’s technology radar. The power system includes 138 panels of UniGear ZS1 MV switchgear, 318 panels of MNS3.0 Have you read?

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Technology Trending: REC transactions and energy consumption matching

Smart Energy International

EDF leads a proof-of-concept on automating renewable energy transactions and Eurelectric’s study on the benefits of matching energy consumption with clean energy on a (near) real-time basis are on the week’s technology radar. Have you read?

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A global forum to catalyse India’s clean energy transition

Smart Energy International

Narendra Modi’s clarion call for becoming ‘AatmaNirbhar’ in energy sector, DISTRIBUTECH India 2022, together with POWERGEN India and Indian Utility Week, India’s leading Energy Business Platforms, will be organised from 12th-14th October 2022 in New Delhi, India. Have you read? ABOUT DISTRIBUTECH INDIA.

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Customer-centric demand response a key solution for Japan’s energy transition challenges

Smart Energy International

Japan’s electricity sector is facing the triple challenges in the energy transition of energy security, cost and decarbonisation , writes James Tedd from GridBeyond. Imported fossil resources contribute to all three of the challenges of the energy transition. Demand side measures. Image: GridBeyond.

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Qingshui geothermal power plant, Taiwan hits 38m-kWh milestone

ThinkGeoEnergy

The operators of the Qingshui geothermal power plant in Yilan County, Taiwan, have announced that the project has now produced more than 38 million kWh of electricity as of the end of July 2023 since i ts opening in October 2021. The reservoir temperature is around 180 degrees Celsius at a depth from 1,200 to 2,100 meters.