Electric power transmission systems

High-voltage Power Cable Market Will Showcase Negative Impact During 2020-2024 | Development of Smart Grids to Boost the Market Growth | Technavio

Retrieved on: 
Monday, October 5, 2020

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • View the full release here: https://www.businesswire.com/news/home/20201005005301/en/
    Technavio has announced its latest market research report titled Global High-voltage Power Cable Market 2020-2024 (Graphic: Business Wire)
    Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied.
  • Development of smart grids has been instrumental in driving the growth of the market.
  • Download a Free Sample Report on COVID-19 Impacts
    High-voltage Power Cable Market 2020-2024: Segmentation
    High-voltage Power Cable Market is segmented as below:

Hitachi ABB Power Grids Acquires Pioneer Solutions LLC and Strengthens Energy Portfolio Management

Retrieved on: 
Tuesday, September 29, 2020

ZURICH, SWITZERLAND, Sept 29, 2020 - (JCN Newswire) - Hitachi ABB Power Grids has signed a definitive agreement to acquire US-based Pioneer Solutions LLC, a provider of industry-leading front-to-back-office Commodities/Energy Trading and Risk Management (C/ETRM) solutions, headquartered in Denver, Colorado, USA.

Key Points: 
  • ZURICH, SWITZERLAND, Sept 29, 2020 - (JCN Newswire) - Hitachi ABB Power Grids has signed a definitive agreement to acquire US-based Pioneer Solutions LLC, a provider of industry-leading front-to-back-office Commodities/Energy Trading and Risk Management (C/ETRM) solutions, headquartered in Denver, Colorado, USA.
  • As a result of this agreement, Hitachi ABB Power Grids will expand its existing Energy Portfolio Management offering to create new value for energy market participants who trade, hedge risk, and track emission and renewable energy credits for electricity and other commodities.
  • Uday Baral, president, Pioneer Solutions LLC, said, "We are excited to become a part of global technology leader, Hitachi ABB Power Grids.
  • About Hitachi ABB Power Grids Ltd.
    Hitachi ABB Power Grids is a global technology leader with a combined heritage of almost 250 years, employing around 36,000 people in 90 countries.

Hitachi ABB Power Grids Launches Open and Scalable Ecosystem for Digitalization of Transformers

Retrieved on: 
Wednesday, September 23, 2020

The ecosystem is designed to drive data-driven intelligence and decision making in the operations and maintenance of transformers and power grids.

Key Points: 
  • The ecosystem is designed to drive data-driven intelligence and decision making in the operations and maintenance of transformers and power grids.
  • "Building on deep experience, we have pioneered the scalable TXpertTM Ecosystem to bring together customers, partners and industry peers on an open platform developed on strict cybersecurity standards, enabling simple steps in their digitalization journey", said Bruno Melles, Managing Director, Transformers business unit at Hitachi ABB Power Grids.
  • TXpertTM Enabled transformers can be augmented with Asset Performance Management (APM) solutions from Hitachi ABB Power Grids.
  • About Hitachi ABB Power Grids Ltd.
    Hitachi ABB Power Grids is global technology leader with a combined heritage of almost 250 years, employing around 36,000 people in 90 countries.

PXiSE Energy Solutions and Toshiba Sign Agreement to Develop Renewable Energy and Microgrid Projects

Retrieved on: 
Tuesday, September 22, 2020

PXiSE and Toshiba intend to pursue joint marketing and project development activities incorporating PXiSEs software-based microgrid control platform.

Key Points: 
  • PXiSE and Toshiba intend to pursue joint marketing and project development activities incorporating PXiSEs software-based microgrid control platform.
  • PXiSE microgrid and DERMS solutions unlock the potential of distributed generation to improve reliability and increase renewable energy output while helping ensure system balance and power quality.
  • Toshiba Energy Systems & Solutions, established in 2017 as a spinoff from Toshiba group, is a leading supplier of integrated energy solutions.
  • With long experience and expertise in a wide range of power generating and transmission systems and energy management technology, Toshiba Energy Systems & Solutions delivers innovative, reliable and efficient energy solutions across the globe.

New Report from Hitachi ABB Power Grids Confirms North America's Sustainable Energy Future

Retrieved on: 
Thursday, September 17, 2020

ZURICH, SWITZERLAND, Sept 17, 2020 - (JCN Newswire) - A new report from Hitachi ABB Power Grids, a global technology leader, confirms that the future of the North American energy industry is undeniably green.

Key Points: 
  • ZURICH, SWITZERLAND, Sept 17, 2020 - (JCN Newswire) - A new report from Hitachi ABB Power Grids, a global technology leader, confirms that the future of the North American energy industry is undeniably green.
  • "By 2044, North America's dependency on fossil fuel-based energy sources will be a fraction of what it is today," said Greg Toothaker, Vice President, Energy Portfolio Management at Hitachi ABB Power Grids.
  • For more detailed Report findings or to purchase the 'North American Power Reference Case: Spring 2020' Report, please visit: https://bit.ly/3hIY62t
    About Hitachi ABB Power Grids Ltd.
    Hitachi ABB Power Grids is global technology leader with a combined heritage of almost 250 years, employing around 36,000 people in 90 countries.
  • With a proven track record, global footprint and unparalleled installed base, Hitachi ABB Power Grids balances social, environmental and economic values.

Surging Energy Consumption and the Resulting Rise in Power Production, Transmission and Distribution

Retrieved on: 
Monday, September 14, 2020

DUBLIN, Sept. 14, 2020 /PRNewswire/ -- The "Power Transmission and Distribution Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 14, 2020 /PRNewswire/ -- The "Power Transmission and Distribution Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Power Transmission and Distribution Equipment is projected to exceed US$200 billion by 2024, driven by the ever-present demand for energy; growing trend towards distributed energy generation; and rising investments in smart grids.
  • Rising demand for long-distance energy transmission is forecast to fuel demand for high-voltage direct current (HVDC) technology, given its ability to connect power grids from remote places and allow delivery of power without energy losses or outages.
  • With the cost of energy as high as 7.5% of GDP, there is considerable focus shed on energy-efficient production, transmission and distribution of power in order to minimize energy losses and lower the lifecycle costs of power generation equipment.

North America Synchronous Condenser Industry Report 2020: Trends, Developments and Revenue Projections to 2025

Retrieved on: 
Tuesday, September 8, 2020

The North American Synchronous Condenser Market is expected to grow at a steady rate during the forecast period.

Key Points: 
  • The North American Synchronous Condenser Market is expected to grow at a steady rate during the forecast period.
  • Major factors anticipated to drive the growth of the North American Synchronous Condenser Market include surging requirement for power factor correction and the rising demand for renewable power generation.
  • Additionally, a synchronous condenser is very helpful in stabilizing the transmission grid by generating lagging and leading reactive power, thereby fuelling the market growth.
  • The North American Synchronous Condenser Market can be segmented based on cooling type, starting method, end-user, reactive power rating and country.

Global Power Transmission and Distribution Equipment Market Projected to Exceed US$200 Billion by 2024 - ResearchAndMarkets.com

Retrieved on: 
Monday, September 7, 2020

The "Power Transmission and Distribution Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Power Transmission and Distribution Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Power Transmission and Distribution Equipment is projected to exceed US$200 billion by 2024, driven by the ever-present demand for energy; growing trend towards distributed energy generation; and rising investments in smart grids.
  • With the cost of energy as high as 7.5% of GDP, there is considerable focus shed on energy-efficient production, transmission and distribution of power in order to minimize energy losses and lower the lifecycle costs of power generation equipment.
  • Electric Power Transmission and Distribution (T&D) Equipment: A Prelude

Global Self-Healing Grid Market Forecasts from 2020 to 2025 Featuring ABB, Siemens, Cisco Systems, General Electric Company and More - ResearchAndMarkets.com

Retrieved on: 
Monday, August 31, 2020

The "Global Self-Healing Grid Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Self-Healing Grid Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.
  • The global self-healing grid market is projected to grow at a CAGR of 27.52% to reach US$8.834 billion by 2025 from US$2.054 billion in 2019.
  • The solution by the company is also able to enhance the reliability and the increasing the efficiency of grid.
  • It also provides smart grid and power grid solutions and products under its wide ranged portfolio.

Hitachi ABB Power Grids Joins Effort to Protect Power Utilities from Cyber Threats

Retrieved on: 
Wednesday, August 26, 2020

Power grid operators in the U.S. and Canada rely on Hitachi ABB Power Grids to deliver solutions capable of withstanding cyber threats from multiple threat actors.

Key Points: 
  • Power grid operators in the U.S. and Canada rely on Hitachi ABB Power Grids to deliver solutions capable of withstanding cyber threats from multiple threat actors.
  • Because of Hitachi ABB Power Grids' participation, utility companies will be better positioned to take fast action to protect their customers and physical assets from cyber threats."
  • About Hitachi ABB Power Grids Ltd.
    Hitachi ABB Power Grids is global technology leader with a combined heritage of almost 250 years, employing around 36,000 people in 90 countries.
  • With a proven track record, global footprint and unparalleled installed base, Hitachi ABB Power Grids balances social, environmental and economic values.