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Want an Exciting Career? Edison International Accepting Applications for Lineworker Scholarship Program Designed to Strengthen a Diverse Workforce

Retrieved on: 
Thursday, March 7, 2024

Applications for scholarships up to $25,000 are now being accepted for the 2024 Edison International Lineworker Scholarship Program .

Key Points: 
  • Applications for scholarships up to $25,000 are now being accepted for the 2024 Edison International Lineworker Scholarship Program .
  • Funded by Edison International shareholders and IBEW Local 47, this scholarship is focused on growing Black, Asian Pacific Islander, Native American and female representation in Southern California Edison’s skilled workforce.
  • “The Lineworker Scholarship Program opens the door to a rewarding and enriching career.”
    Launched in 2021, the program has awarded over 35 scholarships and has enhanced representation among the SCE skilled trade workforce.
  • SCE serves one of the country’s most diverse populations and strives to have a workforce that reflects the communities it serves.

PowerRunner and AVEVA Extend Reseller Agreement, Empowering Utilities with Enhanced Operational Insight through 2027

Retrieved on: 
Thursday, February 29, 2024

PowerRunner, a leading provider of grid analytics energy optimization software, and AVEVA, a global leader in industrial software, including the AVEVA PI System, have solidified their partnership by extending their reseller agreement through 2027.

Key Points: 
  • PowerRunner, a leading provider of grid analytics energy optimization software, and AVEVA, a global leader in industrial software, including the AVEVA PI System, have solidified their partnership by extending their reseller agreement through 2027.
  • The extended agreement allows AVEVA to continue reselling the AVEVA PowerRunner on PI System solution, delivering a robust operational data management system operating on millions of sensors, including AMI data, in near real-time.
  • Analyzing assets from transmission to behind-the-meter, the AVEVA PowerRunner on PI System solution equips the utility industry with granular, temporal, and locational situational awareness to navigate the growing complexities of the grid.
  • The PowerRunner and AVEVA Reseller Agreement now extends through 2027 providing utilities with a PI System-based solution that supports the complex and evolving requirements of the bi-directional distribution grid.

Microgrid Market worth $87.8 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, March 8, 2024

These technologies not only bolster grid resilience but also enhance power quality, mitigate environmental footprints, and elevate grid reliability.

Key Points: 
  • These technologies not only bolster grid resilience but also enhance power quality, mitigate environmental footprints, and elevate grid reliability.
  • The 5 MW to 10 MW power range presents considerable growth opportunities within the microgrid market, owing to its adaptability and cost-effectiveness.
  • Asia Pacific region is likely to be the fastest-growing region in the global microgrid market during the forecast period.
  • This market landscape fosters innovation and propels the expansion of the microgrid sector in the Asia-Pacific region.

Microgrid Market worth $87.8 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, March 8, 2024

These technologies not only bolster grid resilience but also enhance power quality, mitigate environmental footprints, and elevate grid reliability.

Key Points: 
  • These technologies not only bolster grid resilience but also enhance power quality, mitigate environmental footprints, and elevate grid reliability.
  • The 5 MW to 10 MW power range presents considerable growth opportunities within the microgrid market, owing to its adaptability and cost-effectiveness.
  • Asia Pacific region is likely to be the fastest-growing region in the global microgrid market during the forecast period.
  • This market landscape fosters innovation and propels the expansion of the microgrid sector in the Asia-Pacific region.

Georgia Power strengthens reliability for customers, marks high performance in 2023

Retrieved on: 
Thursday, March 7, 2024

ATLANTA, March 7, 2024 /PRNewswire/ -- Georgia Power continues to build the future of energy by making valuable investments in Georgia's energy grid to make it stronger and more resilient for customers. Over the past 10 years, the company has invested more than $10 billion in strengthening the power grid through programs and initiatives approved by the Georgia Public Service Commission (PSC). Georgia Power continued this ongoing work on projects throughout Georgia communities in 2023 resulting in a strong year for reliability performance. 

Key Points: 
  • Georgia Power continued this ongoing work on projects throughout Georgia communities in 2023 resulting in a strong year for reliability performance.
  • High service reliability in 2023 was driven, in large part, by the continued installation of smart, automated devices throughout the power grid.
  • All this infrastructure works together to improve reliability through a stronger and more resilient power grid and helped deliver last year's high reliability.
  • Media can download b-roll of Georgia Power crews working on the power grid by clicking here.

GE VERNOVA UNVEILS GRID DATA MANAGEMENT SOFTWARE TO UNLOCK A SMARTER, MORE RESILIENT ENERGY NETWORK

Retrieved on: 
Wednesday, February 21, 2024

Itron is among the key collaborators with GE Vernova to utilize the new federated grid data fabric software to better enable a more modern, secure, and resilient grid.

Key Points: 
  • Itron is among the key collaborators with GE Vernova to utilize the new federated grid data fabric software to better enable a more modern, secure, and resilient grid.
  • CAMBRIDGE, Mass., Feb. 21, 2024 /PRNewswire/ -- Today, GE Vernova launched GridOS® Data Fabric, the first data fabric designed for grid orchestration, to help utilities operate a grid that is both smarter, as renewable energy scales, and more resilient, as extreme weather events increase.
  • The grid today is more complex than ever before, and energy data is a contributor to this complexity, as this data is dispersed across the energy network, multiplying exponentially and creating data challenges for electric utilities to manage.
  • "This launch includes GridOS® Connect, our energy data integration engine, a key component for the federated grid data fabric that feeds continuously updated data sets into the system.

MRC Global Reports Full Year and Fourth Quarter 2023 Results

Retrieved on: 
Tuesday, February 13, 2024

MRC Global’s fourth quarter 2023 gross profit was $153 million, or 19.9% of sales, as compared to gross profit of $158 million, or 18.2% of sales, in the fourth quarter of 2022.

Key Points: 
  • MRC Global’s fourth quarter 2023 gross profit was $153 million, or 19.9% of sales, as compared to gross profit of $158 million, or 18.2% of sales, in the fourth quarter of 2022.
  • The company’s sales were $768 million for the fourth quarter of 2023, 12% lower than the fourth quarter of 2022 and a 14% decline from the third quarter of 2023.
  • U.S. sales in the fourth quarter of 2023 were $633 million, a $87 million, or 12%, decrease from the same quarter in 2022.
  • Gas Utilities sales in the fourth quarter of 2023 were $253 million, or 33% of total sales, a decline of $66 million, or 21%, from the fourth quarter of 2022 driven by the U.S. segment.

Allison Transmission to Drive Innovation with New Venture Capital Arm

Retrieved on: 
Tuesday, January 30, 2024

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced it is launching Allison Ventures.

Key Points: 
  • Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced it is launching Allison Ventures.
  • Allison Ventures is not a separate investment fund but embedded within Allison’s corporate team.
  • “Allison Ventures will allow us to increase our innovation pipeline in support of industry technology advancement across commercial-duty mobility and work solutions to further our mission to Improve the Way the World Works," said Todd Bradford, Vice President, Strategy, Business and Corporate Development, Allison Transmission.
  • The Allison Ventures team will focus on technologies that will shape the future of commercial-duty mobility and work solutions.

Allison to Provide e-Axles to Oshkosh Corporation for North America’s First Fully Integrated, Zero-Emission Electric Refuse Collection Vehicle

Retrieved on: 
Thursday, January 25, 2024

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is proud to be selected by Oshkosh Corporation as its electric axle supplier for North America’s first fully integrated, zero-emission electric refuse collection vehicle.

Key Points: 
  • Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is proud to be selected by Oshkosh Corporation as its electric axle supplier for North America’s first fully integrated, zero-emission electric refuse collection vehicle.
  • The Allison eGen Power® 100S has been successfully integrated into the McNeilus® Volterra™ ZSL™ electric refuse vehicle, which is specifically designed for the waste management industry to minimize environmental impact and reduce noise in communities around the world.
  • “Allison is the established propulsion leader in the North America refuse market.
  • This partnership with Oshkosh helps to ensure Allison will continue to meet customer demand now and well in the future as electric vehicle adoption increases.”
    For more information on Allison’s eGen Power solutions, please visit: https://www.allisontransmission.com/ev-solutions/egen-power .

Allison Transmission Awarded $83.3 Million Contract to Support U.S. Army Abrams Tank Modernization and Tank Production for Abrams User Nations

Retrieved on: 
Thursday, January 18, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240118522676/en/
    Allison Transmission will deliver upgraded and new X1100 cross-drive transmissions throughout 2024 to meet performance demands of the Abrams tank.
  • (Photo: Business Wire)
    “Allison is proud to be part of the world’s premier main battle tank supporting the U.S. Army and our close partners.
  • Allison will deliver upgraded and new transmissions to meet performance demands of the Abrams tank.
  • The Abrams tank has seen numerous upgrades and enhancements that provide the crew with the world’s most capable tank.