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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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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% The update finds that world demand for electricity grew by 2.2% 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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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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China’s Reform Commission sets out V2G planning recommendations

Smart Energy International

China’s state planner National Development and Reform Commission (NDRC) has released reform recommendations on how China, the largest EV market globally, can optimally integrate electric vehicles into power grid planning. in residential communities. The specific reform recommendations include: 1.

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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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U.K. Solar and Battery Aggregator Social Energy Raises Cash, Plans Expansion

GreenTechMedia

residential energy aggregator Social Energy is planning international expansion after gaining multimillion-dollar backing from U.S. ” Minneapolis-based CarVal Investors bought into Social Energy in December last year, the energy company said in a press release. Power Networks. In the U.K., In the U.K.,