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10 Near-Term Global Power Sector Trends

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10 Near-Term Global Power Sector Trends

Smart Meter
2022-08-11

Atlantic City Electric Set to Upgrade 565,000 Smart Meters
Atlantic City Electric will start the broad installation of new smart meters for its nearly 565,000 customers beginning in September 2022, and continuing through 2024.
Smart Meter
2022-08-11

Serbia Smart Metering Project Supported
Phase one of Serbia’s smart metering implementation has been awarded €7.8 million ($8 million) from the EU through the Western Balkans Investment Framework.
Electricity Transmission
2022-08-10

Norway to Impose Power Export Controls
Photo: Ásgeir Eggertsson / https://creativecommons.org/licenses/by-sa/3.0/legalcodeNorway is preparing a framework for limiting electricity exports at times when the levels of water in hydropower accumulations are low. There is also a small pos
Offshore Wind Power
2022-08-10

Vietnam Needs $8 Bln-$14 Bln Power Investment a Year Through 2030 - Minister
Vietnam will need investment of between $8 billion and $14 billion a year through to 2030 to develop new power plants and expand its grid, its deputy industry minister said on Wednesday.
United States
2022-08-10

U.S. Power Use to Reach Record High in 2022 as Economy Grows, EIA Says
U.S. power consumption will rise to a record high in 2022 as the economy grows, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday.
Energy Transition
2022-08-09

UK Readies Competition in Onshore Electricity Networks
The competition aims to reduce energy costs and speed up connections.
Smart Meter
2022-08-09

CEDIS Extends AMI Project With 20,000 Smart Meter Replacements
Montenegrin Electric Distribution System (CEDIS) has started work on an extended phase three of the modernisation of their electricity consumption measurement (AMM) project.
United Kingdom
2022-08-09

GB Domestic Flexibility Project Gets Funding Boost
National Grid’s CrowdFlex flexibility project has been awarded a second round of funding to advance the implementation of domestic flexibility.
United States
2022-08-08

DOE Awarding $26M to Projects that Prove the Grid Can Run on 100% Clean Energy
The U.S. Department of Energy (DOE) announced $26 million to fund projects that will conclusively show that electricity grid can reliably run with a mix of solar, wind, energy storage, and other clean distributed energy resources (DER).
Distributed Grid
2022-08-05

DEWA Smartens Distribution Networks in Efficiency Drive
Dubai Electricity and Water Authority (DEWA) has announced a new software with the hopes of enabling network design engineers the capability to augment electricity distribution networks.
Ultra-high voltage grid
2022-08-04

China’s State Grid to Invest $22 Bln in Ultra High Voltage Power Lines -Report
China's State Grid plans to invest more than 150 billion yuan ($22 billion) in the second half of 2022 in ultra high voltage (UHV) power transmission lines.
Distributed Grid
2022-08-04

Shell to Collaborate With NREL on Grid Edge Solutions
The US Department of Energy (DOE) has selected Shell, Spirae LLC, Electrical Grid Monitoring Inc., and Israel Electric Corporation to partner with the National Renewable Energy Laboratory on power distribution system management and controls projects.
Smart Meter
2022-08-03

UK DCC Sets Out Smart Meter Plans
The UK smart meter Data Communications Company (DCC) is evolving its activities to support the ongoing rollout and operation of the country’s electricity and gas smart meters.
Smart Grid
2022-08-02

DEWA Virtual Power Plant Enhances Smart Grid Der Integration
Dubai Electricity and Water Authority (DEWA) has enhanced integration of distributed energy resources (DERs) in its smart grid through its Virtual Power Plant (VPP), touted by the company as the first of its kind in the region.
South Africa
2022-08-02

South Africa Power Crisis Causes State Monopoly to Open Up
After years of blackouts, the Government of South Africa has started to break the monopoly of its state-owned utility.
2022-08-02

New Edge Computing Solutions Set to Revolutionise the Power Industry
The adoption of new edge computing solutions is forecasted to create much-needed disruption and growth opportunities in the energy industry, writes Andrew Foster, product director and IOTech co-founder.
Smart Meter
2022-08-01

UK Smart Meter Data ‘Set for Five-Fold Growth Over the Next Four Years’
It is estimated that one billion messages were sent over the national smart meter network in July
Smart Meter
2022-07-29

Asia-Pacific Forecast to Reach 1 Billion Smart Electricity Meters by 2026 – Study
The smart electricity metering market in Asia-Pacific is on its way to reaching a historic milestone of 1 billion installed devices, according to a new research report from IoT analyst firm Berg Insight.
Ireland
2022-07-29

Ireland Demonstrates Crucial Role of Storage to Balance Grid
Renewable energy company Statkraft has participated in its largest dispatch to date of power from battery storage into Ireland’s electricity market.
India
2022-07-28

New Measure to Improve Power Supply Reliability in India
This includes the Reforms-based and Results-linked Revamped Distribution Sector Scheme.
Net Zero Emission
2022-07-28

Canada Advances Rules to Reach a Net-Zero-Emission Grid by 2035
The Canadian government published its proposed Frame for the Clean Electricity Regulations (CER), a follow-up to a discussion paper published in March.
Smart Meter
2022-07-27

Smart Meter Data Integration and Analysis Platform to Test in Japan
The aim is to study the feasibility and usefulness of the SaaS platform in what is a changing market for Japan’s electricity retailers.
Carbon Emissions
2022-07-27

Siemens Partners With Storage Solutions Developer on Next Gen Supercapacitors
Skeleton Technologies and Siemens are partnering on a fully automated, digital manufacturing technology to produce supercapacitors in Germany.
2022-07-24

Siemens Energy, Dragados Offshore Land Orders for North Sea Offshore Links
Siemens Energy AG and Dragados Offshore have been selected to build the converter stations at sea for the DolWin4 and BorWin4 offshore grid connections in the North Sea off the German coast.
Germany
2022-07-22

EIB Backs Germany-UK Interconnector With €400M
Work to build the interconnector will start this year, connecting two of Europe’s largest energy markets for the first time

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