Itron Inc, which makes technology to monitor energy and water usage, said it would buy Silver Spring Networks Inc., in a deal valued at about $830 million, to expand its presence in the smart city and smart grid markets.
Silver Spring’s network equipment and services help transform power grid infrastructure into a smart grid, helping in efficient management of energy. Itron said it will use Silver Spring’s footprint in the smart utility and smart city...
Market developments toward grid modernization 17% Compound annual growth rate (CAGR) at which the U.S. SCADA market revenue is expected to grow during the 2014 to 2020 period At this point, the CAGR for U.S. SCADA (supervisory control and data acquisition) market revenue has increased from $0.8...
Recent technological and economic events are poised to transform the electric utility industry. Described as “game changers” by industry thought-leaders, these “disruptive challenges” stem from a convergence of factors. 1 Distributed energy resources (DER) and demand-side management (DSM)...
The electrical grid in the United States comprises all of the power plants generating electricity, together with the transmission and distribution lines and systems that bring power to end-use customers. The “grid” also connects the many publicly and privately owned electric utility and power...
Power grids around the world are getting smarter thanks to the Internet of Things (IoT). While Smart Grid technologies are making the headlines, and poised to grow to more than $118 billion by 2019, according to November 2015 research from analyst firm Transparency Market Research—many...
A coalition of large energy consumers and ratepayer advocates has filed a complaint with the Federal Energy Regulatory Commission (FERC), urging the agency to prohibit transmission owners from independently planning "local" transmission projects exceeding 100 kilovolts (kV). The coalition argues...
The Public Utility Commission of Texas (PUCT) has unanimously decided to shelve the proposed $1 billion Performance Credit Mechanism (PCM) for power generators, concluding that it would not deliver the anticipated grid reliability benefits. The PCM was conceived as a means to incentivize power...
The Federal Energy Regulatory Commission (FERC) has rejected a proposal from PJM Interconnection, one of the United States' largest regional transmission organizations, to alter its transmission planning protocol. The decision represents a significant victory for state regulators who had expressed...
In a significant move that underscores the growing demand for reliable and sustainable energy to power the expanding digital infrastructure, the Federal Energy Regulatory Commission (FERC) has approved an interconnection agreement between Talen Energy, Amazon Web Services (AWS), and Exelon. This...
In a significant move for the renewable energy landscape, RWE, a leading global energy company, has announced the addition of 450 megawatts (MW) of battery energy storage capacity in Texas. This expansion underscores the growing importance of energy storage solutions in enhancing grid reliability...
In a landscape characterized by evolving energy demands and increasing pressure to transition to renewable sources, the Pathways Initiative is proposing a significant restructuring of power market oversight in the Western United States. This initiative seeks to create a regional organization that...
