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Global electricity demand will only show a modest rebound in 2021

After experiencing its biggest decline in decades, global electricity demand is expected to only show a modest rebound in 2021. The International Energy Agency (IEA) expects growth will be led by growth in China, India and other emerging economies. The historic shock of the COVID-10 crises will result in a 2% decline in global electricity […]

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New York regulator approves Itron’s gas module for AMI and AMR rollouts

Image credit: Stock The New York State Public Service Commission has approved Itron’s gas module for use by the state’s gas utilities. The 550G Gas Encoder Receiver Transmitter (ERT) module has both advanced meter reading (AMR) and advanced metering infrastructure (AMI) capabilities. The 550G ERT is equipped with cutting-edge features such as high-flow safety alarm, on-demand

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Renewable energy impact on CESEC economies

Image credit: Stock The International Renewable Energy Agency (IRENA) has released a new report exploring the cost-effective growth of the renewable energy market in Central and South-Eastern Europe. The report covers the impact of the renewable energy market on the economies of countries within the region. According to the study, within ten years the economies

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American PowerNet deploys energy trading platform with Power Ledger

Image credit: Stock Electricity provider American PowerNet will deploy an energy trading technology in the North American market following a successful trial with Australian technology company Power Ledger. The pilot was the first time Power Ledger’s peer-to-peer energy trading platform was deployed in the US, into the largest US wholesale electricity market, the PJM Interconnection,

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Spending on smart cities technologies to expand by 22.7% through 2025

Image credit: Stock Research firm Frost & Sullivan has issued a new report analysing the global spending on smart cities technologies over the next five years. The research firm forecasts an increase in spending on smart cities technologies of 22.7% between 2020 and 2025. Smart cities’ spending on technology in the next six years is

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Iberdrola announces €75 bn economic recovery plan

Image credit: Stock Spanish multinational energy company Iberdrola has announced a €75 billion ($89.1 billion) economic recovery plan to be implemented over the next five years. The investment plan will help the utility to accelerate its energy transition whilst boosting jobs in countries the group operates. The plan will enable Iberdrola to double its renewable

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Iberdrola and Fertiberia to invest $2.09bn in green hydrogen production

Image credit: Stock Spanish multinational energy company Iberdrola is partnering with fertilizer company Fertiberia to install over 800MW of green hydrogen capacity over the next seven years. In July, the two companies announced their plan to construct the largest green hydrogen plant for industrial use in Europe, by investing €50 million ($58.5 million) in the construction of the plant

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Five key threats to grid reliability in Asia’s electric industry

Image credit: Stock Uncertainty of investments caused by a financial downturn and renewable energy are the two biggest concerns of Asia’s electric industry today, according to Black & Veatch’s first-ever Strategic Directions: Electric Industry Asia 2021. The report highlights the five key threats to grid reliability in Asia and these include: Network capacity investment not

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LoRa Alliance unveils QR codes to accelerate massive rollout of IoT

Image credit: Stock The LoRa Alliance, the global association of companies backing the open LoRaWAN standard for Internet of Things (IoT) low-power wide-area networks (LPWANs), has introduced itsLoRaWAN Device Identification QR Codes for Automated Onboarding that simplify and accelerate LoRaWAN network management. These new QR codes carry all the required identification information to add devices to a network. The new

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NY’s new policy to reduce greenhouse gas emissions from power sector

Image credit: Stock Andrew M. Cuomo, the governor of New York state, has announced the adoption of a new regulation aimed at reducing greenhouse gas emissions within the electricity sector. The regulation, which had already been adopted by the New York State Department of Environmental Conservation and New York State Energy Research and Development Authority,

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