Electric power transmission systems

ScottMadden Releases Spring 2021 Energy Industry Update: Saved by Zero?

Retrieved on: 
Thursday, May 20, 2021

b'Atlanta, GA, May 20, 2021 (GLOBE NEWSWIRE) -- ScottMadden, Inc., one of North America\xe2\x80\x99s leading management consulting firms specializing in energy, has released its latest edition of The Energy Industry Update (EIU) .

Key Points: 
  • b'Atlanta, GA, May 20, 2021 (GLOBE NEWSWIRE) -- ScottMadden, Inc., one of North America\xe2\x80\x99s leading management consulting firms specializing in energy, has released its latest edition of The Energy Industry Update (EIU) .
  • How will the industry meet the significant need for new transmission to achieve these goals?
  • Since 1983, we have served as energy consultants for hundreds of utilities, large and small, including all of the top 20.
  • We focus on Transmission & Distribution, the Grid Edge, Generation, Energy Markets, Rates & Regulation, Enterprise Sustainability, and Corporate Services.

The Global Smart Grid Software Market is Expected to Reach $23+ Billion by 2026 - ResearchAndMarkets.com

Retrieved on: 
Monday, May 10, 2021

Smart grid software is an important part of the smart grid infrastructure that helps simplify the implementation and functionality of the smart grid and improve process efficiency and reduce energy production costs.

Key Points: 
  • Smart grid software is an important part of the smart grid infrastructure that helps simplify the implementation and functionality of the smart grid and improve process efficiency and reduce energy production costs.
  • The digital transformation trend in the energy sector is leading to the use of more and more smart grid software which is anticipated to propel the market growth even further in the coming years.
  • Moreover, the governments of various countries are providing support to the technology including smart grid software which is further expected to supplement the market growth during the forecast period.\nThe outbreak of the novel coronavirus disease initially impacted the smart grid software market due to worldwide lockdown in most countries of the world, due to which the progress of smart grid systems got halted.
  • All the travel and manufacturing activities were shut down during that period due to which the smart grid market had a negative impact leading to the downfall of the smart grid software market.

DGAP-News: hep global GmbH: Climate Summit and Economic Stimulus Package - President Biden Promotes Renewable Energies

Retrieved on: 
Friday, April 30, 2021

The focus is particularly on expanding the power grid and renewable energies.

Key Points: 
  • The focus is particularly on expanding the power grid and renewable energies.
  • In addition, Biden is holding out the prospect of tax relief for project developers.
  • At the world climate summit, which he has convened, he is making it clear how he intends to live up to this claim to leadership.
  • Support is also to be given to decentralized local power grids, so-called "micro grids", which are fed by renewable energy sources.

ESS Inc. to Deliver Long-Duration Battery System for Microgrid in Patagonia

Retrieved on: 
Tuesday, April 27, 2021

This resource requires the company to operate supplemental diesel generators throughout the year to compensate when customer demand exceeds hydro output.

Key Points: 
  • This resource requires the company to operate supplemental diesel generators throughout the year to compensate when customer demand exceeds hydro output.
  • \xe2\x80\x9cInstead, our long-duration iron flow storage system will reduce the need to run them by three times as much \xe2\x80\x93 the equivalent of nine months a year.
  • Patagonia is one of the most remote and pristine areas of the planet, and we are pleased that SAESA has entrusted our clean and safe long-duration battery technology to provide vital grid support.
  • For more information, visit www.essinc.com .\nGRUPO SAESA has been a leader in the electrical energy distribution sector since 1923.

Expansion of Renewables and Cost Reductions Drive Battery Energy Storage to Forefront of National Energy Plans

Retrieved on: 
Thursday, April 15, 2021

"Additionally, the increasing power demand and generation assets distant from consumption centers necessitate transmission grid reinforcement and optimization.

Key Points: 
  • "Additionally, the increasing power demand and generation assets distant from consumption centers necessitate transmission grid reinforcement and optimization.
  • Batteries offer an attractive option in handling the evolving electrification issues, sparing massive investments in new transmission grids.
  • Opportunities in Latin America, Africa, and the Middle East will remain limited, pending further cost reductions and modernization of market designs.
  • "\nWithin the global grid battery energy storage market, Frost & Sullivan highlights a series of growth opportunities.

Expansion of Renewables and Cost Reductions Drive Battery Energy Storage to Forefront of National Energy Plans

Retrieved on: 
Thursday, April 15, 2021

"Additionally, the increasing power demand and generation assets distant from consumption centers necessitate transmission grid reinforcement and optimization.

Key Points: 
  • "Additionally, the increasing power demand and generation assets distant from consumption centers necessitate transmission grid reinforcement and optimization.
  • Batteries offer an attractive option in handling the evolving electrification issues, sparing massive investments in new transmission grids.
  • Opportunities in Latin America, Africa, and the Middle East will remain limited, pending further cost reductions and modernization of market designs.
  • "\nWithin the global grid battery energy storage market, Frost & Sullivan highlights a series of growth opportunities.

Global Variable Frequency Drive Market (2021 to 2026) - by Type, End-users, Application and Geography - ResearchAndMarkets.com

Retrieved on: 
Friday, April 9, 2021

The "Variable Frequency Drive Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Variable Frequency Drive Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering.
  • The global variable frequency drive market is expected to grow at a compound annual growth rate of 4.65% over the forecast period to reach a market size of US$24.410 billion in 2026 from US$17.758 billion in 2019.
  • This in turn caters the demand of the variable frequency drive in the forecasted period.
  • The variable frequency drive market is one of the major markets that work as an interconnection for the other markets, that are, switchgear market, electric motor market, substation equipment market, control panel market, power quality equipment market, and HDVC Transmission market.

SEMCO Energy Goes Live with OATI's Natural Gas Pipeline Transportation Management System

Retrieved on: 
Monday, April 5, 2021

On March 23, 2021, SEMCO began production operations of OATI's webPipeline solution, providing state-of-the-art gas transportation and storage functionality.

Key Points: 
  • On March 23, 2021, SEMCO began production operations of OATI's webPipeline solution, providing state-of-the-art gas transportation and storage functionality.
  • OATI webPipeline is an all-in-one gas pipeline management system that supports operations from gathering and transportation all the way to distribution.
  • "OATI is proud to provide support to SEMCO Energy through our fully-integrated, natural gas transportation and storage management software solution."
  • OATI ( http://www.oati.com ) is a leading provider of Smart Grid, Energy Trading and Risk Management, Transmission Scheduling, Congestion Management, Pipeline Scheduling, Distribution, and Market Management products and services.

Gov. Greg Abbott to CEOs: Texas Legislature committed to fixing power grid

Retrieved on: 
Thursday, April 1, 2021

Greg Abbott assured global business decision-makers Wednesday at a fireside chat sponsored by the Texas Economic Development Corp.

Key Points: 
  • Greg Abbott assured global business decision-makers Wednesday at a fireside chat sponsored by the Texas Economic Development Corp.
  • The primary infrastructure issue facing Texas today is the electrical grid, said TxEDC President and CEO Robert Allen, who hosted the fireside chat.
  • The 87th Texas Legislature is considering bills that would address issues that crippled the grid during February's catastrophic winter storm.
  • Allen asked Abbott what message he has for CEOs thinking about relocating to Texas to allay their concerns about the reliability of the state's electricity grid.

Ozop Energy OZSC Develops the Neo-Grids & Supply Chain

As a two-part progress report, Ozop is happy to announce the next step of execution of their energy market growth model.

Key Points: 
  • As a two-part progress report, Ozop is happy to announce the next step of execution of their energy market growth model.
  • The Ozop expansion is in the contract-supply end of commercial solar panels supporting the non-roof-top energy markets.
  • Ozop has positioned itself to supply these markets whether on grid, micro grids, and delayed distribution models.
  • The price parity of a grid-tied energy system and the development cost of a standalone energy system has been met and exceeded with Ozop bringing the Neo-Grids mainstream.