Electric power transmission systems

World's First Smart Fossil-free Island Deploys Hitachi ABB Power Grids' Solution

Retrieved on: 
Tuesday, August 25, 2020

The Portuguese government aims to make Porto Santo the first smart, fossil- free island in the world and launched the "Sustainable Porto Santo" initiative.

Key Points: 
  • The Portuguese government aims to make Porto Santo the first smart, fossil- free island in the world and launched the "Sustainable Porto Santo" initiative.
  • "Hitachi ABB Power Grids' energy storage solution will be part of an intelligent electrical ecosystem for Porto Santo and ensure the complete utilization of the island's wind and solar generation potential," said Markus Heimbach, Managing Director of Hitachi ABB Power Grids' High Voltage business unit.
  • 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.

Able Grid, MAP® Energy, Astral Electricity and Mortenson Announce Construction Start for Chisholm Grid 100 MW Battery Energy Storage System to Serve the Growing ERCOT Texas Electricity Market

Retrieved on: 
Monday, August 24, 2020

Able Grid Energy Solutions (Able Grid), a leading developer of battery energy storage projects throughout the U.S., along with its development and operating partners MAP Energy (MAP) and Astral Electricity (Astral), today announced that full notice to proceed has been issued on the Chisholm Grid battery energy storage system located in Fort Worth, Texas.

Key Points: 
  • Able Grid Energy Solutions (Able Grid), a leading developer of battery energy storage projects throughout the U.S., along with its development and operating partners MAP Energy (MAP) and Astral Electricity (Astral), today announced that full notice to proceed has been issued on the Chisholm Grid battery energy storage system located in Fort Worth, Texas.
  • Mortenson is the balance of plant (BOP) and battery installation contractor for the Chisholm Grid facility, which is Mortensons ninth energy storage project.
  • The Chisholm Grid battery energy storage system was developed by Able Grid Infrastructure Holdings, LLC, a joint venture between Able Grid and MAP.
  • Chisholm Grid is owned by Astral Electricity, LLC, a privately-held energy storage power producer currently building multiple utility-scale energy storage projects that will reach commercial operations by mid-2021.

Virtual Power Plant Market to Reach $5.9 Bn, Globally, by 2027 at 21.3% CAGR: Allied Market Research

Retrieved on: 
Monday, August 10, 2020

According to the report, the global virtual power plant industry was estimated at $1.3 billion in 2019 and is anticipated to hit $5.9 billion by 2027, registering a CAGR of 21.3% from 2020 to 2027.

Key Points: 
  • According to the report, the global virtual power plant industry was estimated at $1.3 billion in 2019 and is anticipated to hit $5.9 billion by 2027, registering a CAGR of 21.3% from 2020 to 2027.
  • Rise in demand for renewable energy in power generation sector, changes in dynamic of power grids from centralized to distributed, and moderating costs and easy accessibility of energy storage drive the growth of the global virtual power plant market.
  • Based on technology, the demand response segment contributed to more than three-fifths of the global virtual power plant market revenue in 2019, and is expected to lead the trail by the end of 2027.
  • Based on end-user, the industrial segment accounted for more than half of the global virtual power plant market share in 2019, and is projected to retain its dominance till 2027, owing to its high efficiency of virtual power plant to stabilize the power grid.

Protect Our Power Urges Vigilance in Response to NSA and CISA Warning on Critical Infrastructure

Retrieved on: 
Tuesday, July 28, 2020

"As this joint report highlights, this is especially true with regard to Internet-accessible Operational Technology (OT) assets, which are becoming much more prevalent across critical infrastructure sectors, including electricity, as companies and workers increase remote operations.

Key Points: 
  • "As this joint report highlights, this is especially true with regard to Internet-accessible Operational Technology (OT) assets, which are becoming much more prevalent across critical infrastructure sectors, including electricity, as companies and workers increase remote operations.
  • "Addressing grid threats will require a combination of government funding and regulatory incentives encouraging utilities to invest in cybersecurity.
  • The grid is only as strong as its weakest link."
  • POP is singularly and uniquely positioned as a non-partisan, unbiased thought leader able to serve as a convening, moderating, action-oriented voice.

Addressing Catastrophic Threats to the US Electric Grid

Retrieved on: 
Thursday, July 16, 2020

Historical approaches to ensuring grid security in the United States are proving to be poorly suited to the emerging, catastrophic threats facing the grid.

Key Points: 
  • Historical approaches to ensuring grid security in the United States are proving to be poorly suited to the emerging, catastrophic threats facing the grid.
  • They are also incongruous with the ongoing technological transition that is rapidly reshaping the electric power industry as we know it.
  • But by embracing the present era of energy transition as an opportunity, not a threat, the report lays out unique and timely strategies to reimagine and improve the resilience of the US electric grid.
  • Our research suggests that the ongoing shifts in the utility industry do not present a threat to grid security, but rather an extraordinary opportunity to reimagine grid resilience."

Worldwide Industry for Power Transformers to 2027 - Increasing Use of Renewable and Non-Conventional Energy Sources Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 15, 2020

Power transformer is a type of transformer used primarily to receive low voltage generator electric power and transmit it across distribution channelss across the power grid network.

Key Points: 
  • Power transformer is a type of transformer used primarily to receive low voltage generator electric power and transmit it across distribution channelss across the power grid network.
  • Rise in usage of electricity, replacement of existing power transformers, and increase in adoption of smart grids and smart transformers drive the global power transformer market.
  • Increase in demand for electricity and emergence of renewable power sources boosts the adoption of high voltage transmission technologies such as UHV, HVAC and HVDC power transformers.
  • Thus, the emergence of renewable energy as a primary source of energy offers long-term growth opportunities to the global power transformers market.

Accelerating the Energy Transition in Germany: Industry Leaders Discuss the Opportunities Offered by Innovation and Grid Optimization

Retrieved on: 
Wednesday, July 15, 2020

German transmission system operators (TSOs) have ambitious network development plans to reduce congestion costs and facilitate the energy transition.

Key Points: 
  • German transmission system operators (TSOs) have ambitious network development plans to reduce congestion costs and facilitate the energy transition.
  • The meeting launched a recent study completed by Professor Moser and his team and featured leaders from across the European energy industry.
  • "Optimization of the grid is a no-regrets option," stated Giles Dickson, CEO of WindEurope in his speech at the event.
  • Transmission owners National Grid Electricity Transmission (UK) and Amprion (Germany) discussed their approach to embracing innovation and investing in a flexible network.

ACORE Announces Hire of Director of New Macro Grid Initiative

Retrieved on: 
Tuesday, July 7, 2020

WASHINGTON, July 7, 2020 /PRNewswire-PRWeb/ -- The American Council on Renewable Energy (ACORE) announced today the hire of Tracy Warren as the Director of the Macro Grid Initiative , a joint effort between ACORE and Americans for a Clean Energy Grid to build support for expanding and upgrading the nation's transmission network.

Key Points: 
  • WASHINGTON, July 7, 2020 /PRNewswire-PRWeb/ -- The American Council on Renewable Energy (ACORE) announced today the hire of Tracy Warren as the Director of the Macro Grid Initiative , a joint effort between ACORE and Americans for a Clean Energy Grid to build support for expanding and upgrading the nation's transmission network.
  • "The goals of the Macro Grid Initiative are ambitious but achievable, especially with a capable leader like Tracy at the helm," said ACORE's President and CEO Gregory Wetstone.
  • Tracy comes to the Macro Grid Initiative with over 20 years of communications and advocacy experience in the public policy arena and electric utility industry.
  • "The Macro Grid Initiative represents a new, promising approach to solving the transmission needs holding back modernization of the electric sector," said Warren.

Assessment of COVID-19's Effect on Low Voltage (LV) Diesel Generators Market 2020-2024 | Demand for Electricity and Unreliable Grid Infrastructure to Augment Growth | Technavio

Retrieved on: 
Monday, July 6, 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.
  • The demand for electricity & unreliable grid infrastructure will offer immense growth opportunities.
  • Demand for electricity and unreliable grid infrastructure have been instrumental in driving the growth of the market.
  • https://www.technavio.com/report/low-voltage-diesel-generators-market-in...
    Low Voltage (LV) Diesel Generators Market 2020-2024: Segmentation
    Low Voltage (LV) Diesel Generators Market is segmented as below:

Building Engines Selects Hatch Data as Preferred Partner to Bring Energy and Performance Management Tools to Property Operators

Retrieved on: 
Tuesday, June 30, 2020

SAN FRANCISCO and BOSTON, June 30, 2020 (GLOBE NEWSWIRE) -- Building Engines, the leading provider of modern building operations software forcommercial real estate (CRE), and Hatch Data , the energy and performance management software platform, today announced a partnership to bring the Hatch Data suite of energy and building operations performance management tools to Building Engines customers.

Key Points: 
  • SAN FRANCISCO and BOSTON, June 30, 2020 (GLOBE NEWSWIRE) -- Building Engines, the leading provider of modern building operations software forcommercial real estate (CRE), and Hatch Data , the energy and performance management software platform, today announced a partnership to bring the Hatch Data suite of energy and building operations performance management tools to Building Engines customers.
  • The partnership makes it easy for Building Engines customers to monitor building energy performance in real time to ensure that critical HVAC systems are operating as expected.
  • The Building Engines and Hatch Data software platforms complement each other by allowing property teams to access real-time data that helps them proactively manage and reduce costs, says Scott Sidman, EVP of Business & Corporate Development for Building Engines.
  • We are excited to bring our energy management, proactive maintenance, and performance management capabilities to Building Engines customers.