Electric power

Guidehouse Insights Estimates Global Market for Interconnection Innovations Will Grow to Nearly $3 Billion by 2032

Retrieved on: 
Thursday, November 9, 2023

BOULDER, Colo., Nov. 9, 2023 /PRNewswire/ -- A new report from Guidehouse Insights examines the global market for interconnection innovations.

Key Points: 
  • BOULDER, Colo., Nov. 9, 2023 /PRNewswire/ -- A new report from Guidehouse Insights examines the global market for interconnection innovations.
  • As the world shifts from fossil fuels toward distributed energy resources (DER) and renewable energy sources, grid interconnection applications have skyrocketed.
  • According to a new report from Guidehouse Insights, the annual revenue generated by interconnection innovations is expected to increase globally from $704.4 million in 2023 to over $2.8 billion in 2032, representing a compound annual growth rate (CAGR) of 16.7%.
  • The report, Interconnection Innovations , examines the global market for interconnection innovations.

Circuit Breaker Market size to grow by USD 3.38 billion from 2023 to 2028; Increase in the number of residential and commercial building projects to drive the growth - Technavio

Retrieved on: 
Wednesday, November 8, 2023

NEW YORK, Nov. 8, 2023 /PRNewswire/ -- The circuit breaker market is expected to grow by USD 3.38 billion from 2023 to 2028.

Key Points: 
  • NEW YORK, Nov. 8, 2023 /PRNewswire/ -- The circuit breaker market is expected to grow by USD 3.38 billion from 2023 to 2028.
  • An increase in the number of residential and commercial building projects is the key factor driving market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • The industrial relays market size is estimated to grow at a CAGR of 6.39% between 2022 and 2027.

Global Transformer Report 2023 with Profiles of 500+ Transformer Companies

Retrieved on: 
Wednesday, November 8, 2023

DUBLIN, Nov. 8, 2023 /PRNewswire/ -- The "Transformer Report Ed 11 2023 Vol 1 & 2" has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Nov. 8, 2023 /PRNewswire/ -- The "Transformer Report Ed 11 2023 Vol 1 & 2" has been added to ResearchAndMarkets.com's offering.
  • Manufacturer Profiles: Access profiles of major global and regional transformer manufacturers.
  • The Transformer Report Ed 11, Volumes 1 and 2, provides an invaluable resource for industry professionals, investors, and anyone seeking a deeper understanding of the global transformer market.
  • With extensive data, analysis, and commentary, this report is an essential tool for making informed decisions in the transformer industry.

The Global Semiconductor Alliance Chooses AmberSemi™ as One of the Top Four Global Start-Ups to Watch

Retrieved on: 
Wednesday, November 8, 2023

"The GSA congratulates AmberSemi™ for its nomination as a finalist for the 2023 'Start-Up to Watch' award," said Jodi Shelton, GSA CEO and co-founder.

Key Points: 
  • "The GSA congratulates AmberSemi™ for its nomination as a finalist for the 2023 'Start-Up to Watch' award," said Jodi Shelton, GSA CEO and co-founder.
  • "We are pleased to have discovered this disruptive startup in our awards process, and also welcome their inclusion as one of our newest GSA members.
  • We look forward to watching their contributions to this emerging new semiconductor power architecture sector for electrification," she concluded.
  • "As a semiconductor company, such peer validation is important, as we begin the design-in phase with our electrical products customers and our semiconductor partners with our first silicon products."

PJM Interconnection Listed Among Top Adoption-Friendly Workplaces in the United States

Retrieved on: 
Wednesday, November 8, 2023

VALLEY FORGE, Pa., Nov. 8, 2023 /PRNewswire/ -- PJM Interconnection, grid operator for 13 states and the District of Columbia, has been listed among the top 100 adoption-friendly companies by the Dave Thomas Foundation for Adoption, ranking second among energy and utility companies.

Key Points: 
  • PJM has offered substantial assistance for adoption-related expenses incurred by full-time employees since 2006.
  • PJM's policy reimburses families for many types of expenses related to adopting a child, including fees, travel and legal costs.
  • Each year since 2002, the foundation has surveyed the nation's employers for its ranking of the 100 Best Adoption-Friendly Workplaces.
  • For the latest news about PJM, visit PJM Inside Lines at insidelines.pjm.com .

Agilitas Energy Constructs Largest Non-Wires Solution Energy Storage System in Con Edison’s New York City and Westchester County Service Area

Retrieved on: 
Tuesday, November 7, 2023

Agilitas Energy , the largest integrated developer, builder, owner and operator of distributed energy storage and solar photovoltaic (PV) systems in the northeastern U.S., today announced it has completed construction of the largest standalone, non-wires solution (NWS) energy storage system (ESS) in Con Edison’s New York City and Westchester County service area.

Key Points: 
  • Agilitas Energy , the largest integrated developer, builder, owner and operator of distributed energy storage and solar photovoltaic (PV) systems in the northeastern U.S., today announced it has completed construction of the largest standalone, non-wires solution (NWS) energy storage system (ESS) in Con Edison’s New York City and Westchester County service area.
  • Located in the Long Island City neighborhood in the borough of Queens, the NWS project will allow Con Edison customers to enjoy the dispatchability and resiliency benefits of energy storage.
  • The project follows New York State’s mandate to accelerate the proliferation of storage across its grid, in pursuit of Gov.
  • To learn more about how Agilitas Energy can deliver an energy solution or serve as a partner on a renewable project, please visit https://agilitasenergy.com/contact/ .

OhmConnect Energy Boasts Impressive Savings and Protects Grid During Summer Heatwaves

Retrieved on: 
Tuesday, November 7, 2023

HOUSTON, Nov. 7, 2023 /PRNewswire/ -- OhmConnect Energy (OCE), a first-of-its kind energy provider integrating residential demand response in all of its offerings, made significant strides in demonstrating the value of its offering as a critical tool in the transition to a renewable energy future. As temperatures soared and power consumption broke records across the state, OCE's community of energy-savers responded to calls to reduce their usage, taking strain off the grid while also reducing their utility bills.

Key Points: 
  • OCE utilizes demand response (DR) during peak times and rewards its customers for saving energy.
  • OCE dispatched nearly 40 energy-saving events, throughout the month of August, giving its customers more chances to save money, while playing their part in stabilizing the grid.
  • During the summer heatwaves, OCE customers collectively delivered 65MWh in energy savings to the grid by consistently reducing peak load by 5% during energy savings events.
  • They both highlight the potential for demand response to not only meet, but surpass, our expectations for energy savings, underscoring the significant strides we can make in advancing the evolution of our electric grid."

Guidehouse Insights Estimates Global Market for Edge Computing Technologies Will Grow to More Than $16 Billion by 2032

Retrieved on: 
Tuesday, November 7, 2023

BOULDER, Colo., Nov. 7, 2023 /PRNewswire/ -- A new report from Guidehouse Insights explores the market for edge computing technologies used throughout the distribution grid, from substations to distributed energy resources (DER) networks, on the supply (utility) and demand (customer) side of the meter.

Key Points: 
  • The global utility market is in a transitional period, as utilities work to reorient themselves to ensuring reliability and stability while managing distributed energy resources.
  • According to a new report from Guidehouse Insights, grid-edge computing for utility operations is expected to grow from $3.5 billion in global spending in 2023 to $16.1 billion in 2032, at a compound annual growth rate (CAGR) of 18.5%.
  • The report, Edge Computing Market , focuses on edge computing technologies, both software and hardware, used throughout the distribution grid, from substations to DER networks, on the supply (utility) and demand (customer) side of the meter.
  • An executive summary of the report is available for free download on the Guidehouse Insights website .

Why surging sales of large electric vehicles raises environmental red flags

Retrieved on: 
Tuesday, November 7, 2023

In 2019, 30% of the electric vehicle (EV) models available worldwide were sports utility vehicles (SUVs).

Key Points: 
  • In 2019, 30% of the electric vehicle (EV) models available worldwide were sports utility vehicles (SUVs).
  • As with many other batteries, the lithium-ion cells that power the majority of electric vehicles rely on raw materials such as cobalt, lithium and nickel.
  • Batteries for electric SUVs demand that up to 75% more raw materials are extracted from the environment than this.

But that’s not all

  • The production of batteries is also a highly carbon-intensive process, with emissions increasing as batteries grow in size.
  • For example, the CO₂ emissions resulting from materials processing and battery manufacturing can soar to levels 70% higher for electric SUVs compared to smaller EVs.
  • Adding to the complexity is the EU’s recent decision to mandate a minimum proportion of recycled material in new EV batteries.
  • As of 2021, regulations have required that 6% of the nickel and lithium, and 14% of the cobalt in EV batteries must be sourced from recycled materials.

We need clean electricity

  • But, as the energy sources used to generate electricity are influenced by factors including availability and the dynamics of the energy market, the carbon intensity of the electricity supply can often vary.
  • Even if electricity grids do become cleaner, the increasing demand generated by the need to charge these larger batteries could put pressure on power grids.
  • Transmission and distribution systems were designed at a time when power plants were large and centralised, and electricity demand was relatively low.
  • Utilities companies are working to reinforce electricity grids worldwide by, for example, building more lines to transfer the additional power.


Motorists are increasingly opting for large electric SUVs. But the environmental impact of these vehicles should not be underestimated. The relentless demand for battery materials and electricity raises the question of whether SUVs will continue to be a viable green option.
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The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

Consolidated Water Group Acquires Ramey Environmental Compliance, Broadening Presence in Water-Stressed Western U.S.

Retrieved on: 
Monday, November 6, 2023

REC specializes in helping municipalities and districts comply with environmental regulations and properly manage their precious water resources through a variety of service offerings.

Key Points: 
  • REC specializes in helping municipalities and districts comply with environmental regulations and properly manage their precious water resources through a variety of service offerings.
  • REC currently services more than 100 water and wastewater treatment customers.
  • This acquisition provides a new channel for PERC to expand its existing footprint into additional water-stressed regions across Colorado.
  • Additional details about the definitive stock purchase agreement are provided in a Form 8-K, available at www.sec.gov and the Investors section of Consolidated Water’s website at cwco.com .