Electric power

EDF, REDEX and Rekursive Labs Collaborate on Proof-of-Concept for Automating Renewable Energy Certificates Transactions using Hedera

Retrieved on: 
Wednesday, November 29, 2023
Carbon, POC, Organization, Hydrogen, Ecosystem, Trust, DLT, Farm, EDF, REC, Automation, Silent Scope 2, Guarantee of origin, RE100, Infrared spectroscopy correlation table, CBAM, Architecture, Cryptocurrency, Renewable energy, Electric power, Hedera, Guardian

PARIS, Nov. 29, 2023 /PRNewswire/ -- Électricité de France (EDF), one of the world's largest electricity producers, the largest renewable energy producer in Europe, and an active member of the Hedera Council, has successfully completed a proof-of-concept (POC) that aims to revolutionize and automate the management of renewable energy certificates (RECs). The project enables end consumers to retire small quantities of RECs in real time. This empowers individuals to send a clear market signal that they care about how the power they consume is being produced.

Key Points: 
  • This ground-breaking effort was a collaboration with REDEX , a leading RECs solutions provider, and Rekursive Labs , a specialist in Web3 distributed ledger technology (DLT) enterprise solutions.
  • EDF, REDEX, and Rekursive Labs intend to further refine the solution, develop new use cases, and offer automated REC services to other producers and consumers of renewable energy globally.
  • We are shaping a future where renewable energy adoption is streamlined, transparent, and accessible to all."
  • By integrating the technologies developed by REDEX and Rekursive Labs, any renewable energy production or consumption system can now achieve full automation of the REC lifecycle, from issuance to redemption.

Report: U.S. energy sector reaches turning point on transmission

Retrieved on: 
Monday, November 27, 2023
Carbon, FTC fair information practice, Headache, Troutman Pepper, Real progress, Federal Energy Regulatory Commission, Federation, Uncertainty, Inflation, FERC, Cusp, DOE, Optimism, Electric power, Renewable energy

NEW YORK, Nov. 27, 2023 /PRNewswire/ -- The stars may finally be aligning to enable the build out of significant new transmission capacity in the U.S. energy market, according to the latest industry insight report from law firm Troutman Pepper.

Key Points: 
  • Transmission Upgrades – Are We on The Cusp of Real Progress?
  • ( available here ), launched today, reflects upon the views of a range of market actors seeking to plan, build or benefit from new transmission infrastructure.
  • It argues that recent legislative reforms, funding opportunities, and improved state-federal coordination have created an opportunity for energy companies and regulators to converge on solutions and remove long-standing roadblocks to new transmission.
  • FERC has begun to engage with state policymakers and regulators, most notably through the 'Joint Federal-State Task Force on Electric Transmission.'

Grid Batteries Seminar: Focus on Valuation, Design, Procurement, and Operations (Houston, United States - December 5-6, 2023)

Retrieved on: 
Thursday, November 23, 2023
Hydrogen, Whole-life cost, VO, FOM, Utility, Commercial, Exercise, Integrated Resource Plan, Analysis, Primary–secondary quality distinction, VRE, Interconnection, Frequency response, VOM, LAES, BESS, Capacity, Stacking, CCGT, Electricity, EV, Methodology, Others, EPC, Electric power, Electric battery, Risk management, Video game, Policy

- Commercial values include microgrid, demand Charge Reduction - Peak demand shaving, optimizing RE use on site, resiliency - backup power for Utility outages, etc.

Key Points: 
  • - Commercial values include microgrid, demand Charge Reduction - Peak demand shaving, optimizing RE use on site, resiliency - backup power for Utility outages, etc.
  • - Policy case studies with Energy Storage CA, MA, NY and others
    - Case studies on various BESS plant focus on utility scale.
  • - Analysis and methodology for the system value of electricity storage vs. other flexibility (ocgt, ccgt, engine, etc) options
    - Competition for Battery Energy Storage?
  • - Methodology to identify and determine energy storage services and sizing for various applications for the benefits of system - with exercise.

DC-DC Converter Market Size Worth USD 13.3 billion by 2031, at 6.8% CAGR| Report by Transparency Market Research Inc.

Retrieved on: 
Tuesday, November 21, 2023
HVDC, DC-DC, EVS, Electronics, Electric vehicle, Growth, VDC, Electric power, Electric motor

WILMINGTON, Del., Nov. 21, 2023 /PRNewswire/ -- The global DC-DC converter market stood at US$ 7.76 billion in 2023, and the global market is projected to reach US$ 13.3 billion in 2031. The DC-DC converter market is anticipated to expand at a CAGR of 6.8% between 2023 and 2031.

Key Points: 
  • Global DC-DC converter market to generate absolute dollar opportunity worth US$ 13.3 billion until 2031.
  • Global DC-DC converter market is valued at US$ 7.4 billion in 2022.
  • The DC-DC converter plays a crucial role by transforming the high-voltage DC from the battery into the lower voltage levels essential for these components.
  • DC-DC Converter Market Trucks Market: Key Players
    In March 2023, Bel Fuse, Inc. unveiled the RDT-6Y DC-DC converter series tailored for railway applications.

DC-DC Converter Market Size Worth USD 13.3 billion by 2031, at 6.8% CAGR| Report by Transparency Market Research Inc.

Retrieved on: 
Tuesday, November 21, 2023
HVDC, DC-DC, EVS, Electronics, Electric vehicle, Growth, VDC, Electric power, Electric motor

WILMINGTON, Del., Nov. 21, 2023 /PRNewswire/ -- The global DC-DC converter market stood at US$ 7.76 billion in 2023, and the global market is projected to reach US$ 13.3 billion in 2031. The DC-DC converter market is anticipated to expand at a CAGR of 6.8% between 2023 and 2031.

Key Points: 
  • Global DC-DC converter market to generate absolute dollar opportunity worth US$ 13.3 billion until 2031.
  • Global DC-DC converter market is valued at US$ 7.4 billion in 2022.
  • The DC-DC converter plays a crucial role by transforming the high-voltage DC from the battery into the lower voltage levels essential for these components.
  • DC-DC Converter Market Trucks Market: Key Players
    In March 2023, Bel Fuse, Inc. unveiled the RDT-6Y DC-DC converter series tailored for railway applications.

Advanced Distribution Management System (ADMS) Market size worth $ 5147.44 Million, Globally, by 2028 at 20.5% CAGR: Verified Market Research®

Retrieved on: 
Monday, November 20, 2023
Acquisition, Research, DMS, Bank statement, Head, Capgemini, City, ADMS, SCADA, General Electric Company, OMS, Oracle Corporation, Growth, Geography, Voltage reduction, Open Systems International, Electric power, Video game, Renewable energy

JERSEY CITY, N.J., Nov. 20, 2023 /PRNewswire/ -- The Global Advanced Distribution Management System (ADMS) Market is projected to grow at a CAGR of 20.5% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 1161.83 Million in 2020 and is expected to reach USD 5147.44 Million by the end of the forecast period.

Key Points: 
  • The Advanced Distribution Management System (ADMS) is not just a software platform; it's a robust suite of distribution management and optimization functionalities.
  • In this dynamic landscape, key players play a pivotal role in shaping the trajectory of the Advanced Distribution Management System (ADMS) Market.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Advanced Distribution Management System (ADMS) Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Advanced Distribution Management System (ADMS) Market into Type, Industry, And Geography.

Advanced Distribution Management System (ADMS) Market size worth $ 5147.44 Million, Globally, by 2028 at 20.5% CAGR: Verified Market Research®

Retrieved on: 
Monday, November 20, 2023
Acquisition, Research, DMS, Bank statement, Head, Capgemini, City, ADMS, SCADA, General Electric Company, OMS, Oracle Corporation, Growth, Geography, Voltage reduction, Open Systems International, Electric power, Video game, Renewable energy

JERSEY CITY, N.J., Nov. 20, 2023 /PRNewswire/ -- The Global Advanced Distribution Management System (ADMS) Market is projected to grow at a CAGR of 20.5% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 1161.83 Million in 2020 and is expected to reach USD 5147.44 Million by the end of the forecast period.

Key Points: 
  • The Advanced Distribution Management System (ADMS) is not just a software platform; it's a robust suite of distribution management and optimization functionalities.
  • In this dynamic landscape, key players play a pivotal role in shaping the trajectory of the Advanced Distribution Management System (ADMS) Market.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Advanced Distribution Management System (ADMS) Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Advanced Distribution Management System (ADMS) Market into Type, Industry, And Geography.

Duke Energy offers customers a new way to help plant trees

Retrieved on: 
Thursday, November 16, 2023
Sustainable development, Carbon, Biomass, NYSE, Climate change, Flood, Hydrogen, UN, Duke Energy, Nature, Kilowatt-hour, Silent Scope 2, Guarantee of origin, Sustainable Development Goals, Biodiversity, Partnership, Environment, Carbon accounting, Electricity, Education, News, Fire, Renewable energy, Electric power, Forestry, Carolinas

For the first 1,000 Duke Energy residential customers who start a Renewable Advantage subscription between Nov. 15 and Dec. 15, the company will plant a tree with help from the One Tree Planted organization.

Key Points: 
  • For the first 1,000 Duke Energy residential customers who start a Renewable Advantage subscription between Nov. 15 and Dec. 15, the company will plant a tree with help from the One Tree Planted organization.
  • "Renewable Advantage gives customers an easy option to support renewable energy and help reduce your environmental impact related to their electric usage."
  • Each $4 purchase in the Renewable Advantage program supports the generation of 250 kilowatt-hour (kWh) blocks of electricity from renewable energy resources.
  • Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies.

Gas Insulated Switchgear Market worth $31.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, November 10, 2023
Transmission system operator, Internet of things, Electronics, Urbanization, Transmission system, TSO, Samsung Electronics, Gas, ABB, Switchgear, AC, Electricity, Automation, Growth, Region, KV, GIS, Insulation, Low, Schneider Electric, Electric power, Application, Switchyard reactor, Voltage

Outdoor segment, by installation, to occupy majority of Gas Insulated Switchgear Market share.

Key Points: 
  • Outdoor segment, by installation, to occupy majority of Gas Insulated Switchgear Market share.
  • These outdoor gas insulated switchgear are primarily used in substations and switchyards where space constraints for outdoor installations are not a concern.
  • Given their widespread application areas, outdoor gas insulated switchgear are anticipated to capture a larger market share compared to their indoor counterparts.
  • During the forecast period, Asia Pacific is anticipated to hold the largest market share in the global Gas Insulated Switchgear Market.

Gas Insulated Switchgear Market worth $31.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, November 10, 2023
Transmission system operator, Internet of things, Electronics, Urbanization, Transmission system, TSO, Samsung Electronics, Gas, ABB, Switchgear, AC, Electricity, Automation, Growth, Region, KV, GIS, Insulation, Low, Schneider Electric, Electric power, Application, Switchyard reactor, Voltage

Outdoor segment, by installation, to occupy majority of Gas Insulated Switchgear Market share.

Key Points: 
  • Outdoor segment, by installation, to occupy majority of Gas Insulated Switchgear Market share.
  • These outdoor gas insulated switchgear are primarily used in substations and switchyards where space constraints for outdoor installations are not a concern.
  • Given their widespread application areas, outdoor gas insulated switchgear are anticipated to capture a larger market share compared to their indoor counterparts.
  • During the forecast period, Asia Pacific is anticipated to hold the largest market share in the global Gas Insulated Switchgear Market.