Heat

Daikin Acquires Venstar, Leading Controls and Energy Management System Provider

Retrieved on: 
Friday, December 2, 2022

Daikin Comfort Technologies North America, Inc. (Daikin) has acquired Venstar, Inc. (Venstar), a prominent controls and energy management systems provider whose technology and indoor comfort solutions are used in millions of residences and light commercial applications across the United States, Canada and Mexico.

Key Points: 
  • Daikin Comfort Technologies North America, Inc. (Daikin) has acquired Venstar, Inc. (Venstar), a prominent controls and energy management systems provider whose technology and indoor comfort solutions are used in millions of residences and light commercial applications across the United States, Canada and Mexico.
  • The companys Surveyor Energy Management System allows retailers, restaurant chains and other multi-location businesses to remotely monitor, manage and control energy consumption while reducing maintenance expenses.
  • Venstar Inc. is a leading thermostat and energy management system (EMS) manufacturer, known for providing value to its customers via ease of use and installation, proven cost savings, improved energy efficiency, quality and reliability.
  • Surveyor currently controls the energy usage of 30,000+ retail locations across the United States, Canada, Puerto Rico and Mexico.

$31 Billion Gas Insulated Switchgear Markets: Emerging Smart Technologies and Digitalization & Increasing Investment in Industrial Production - Global Forecasts to 2027 - ResearchAndMarkets.com

Retrieved on: 
Friday, December 2, 2022

The global gas insulated switchgear market is expected to reach USD 31.3 billion by 2027 from an estimated USD 23.1 billion in 2022, at a CAGR of 6.3% from 2022 to 2027.

Key Points: 
  • The global gas insulated switchgear market is expected to reach USD 31.3 billion by 2027 from an estimated USD 23.1 billion in 2022, at a CAGR of 6.3% from 2022 to 2027.
  • Additionally, managing energy has taken a high focus with the introduction of loT for home automation and building automation reasons.
  • Asia Pacific is expected to dominate the global gas insulated switchgear market and projected to grow at the highest CAGR between 2022 and 2027.
  • The demand for GIS to regulate electricity and offer fault protection will significantly increase, raising the market for gas insulated switchgear in Asia Pacific.

Star Group, L.P. to Host Fiscal 2022 Fourth Quarter Webcast and Conference Call December 8, 2022

Retrieved on: 
Friday, December 2, 2022

STAMFORD, Conn., Dec. 02, 2022 (GLOBE NEWSWIRE) -- Star Group, L.P. (the Company or Star) (NYSE: SGU), a leading home energy distributor and services provider, today announced that it will release its fiscal 2022 fourth quarter results after the close of trading on December 7, 2022.

Key Points: 
  • STAMFORD, Conn., Dec. 02, 2022 (GLOBE NEWSWIRE) -- Star Group, L.P. (the Company or Star) (NYSE: SGU), a leading home energy distributor and services provider, today announced that it will release its fiscal 2022 fourth quarter results after the close of trading on December 7, 2022.
  • Members of Star's management team will host a webcast and conference call at 11:00 a.m. Eastern Time the following day, December 8, 2022, to review the three and twelve months ended September 30, 2022.
  • The webcast will be accessible on the companys website, at www.stargrouplp.com , and the telephone number for the conference call is 888-346-3470 (412-317-5169 for international callers).
  • In certain of Star's marketing areas, the Company provides plumbing services, primarily to its home heating oil and propane customer base.

Global Building Automation System Market Size & Share Value Estimated to Touch USD 204.2 Billion by 2030, With 11.3% CAGR Growth: Polaris Market Research

Retrieved on: 
Friday, December 2, 2022

According to the research report, the global building automation system market size & share was valued at USD 78.8 billion in 2021 and is expected to gain USD 204.2 Billion by 2030, growing at a CAGR of 11.3% during the forecast period.

Key Points: 
  • According to the research report, the global building automation system market size & share was valued at USD 78.8 billion in 2021 and is expected to gain USD 204.2 Billion by 2030, growing at a CAGR of 11.3% during the forecast period.
  • What is Expected Size & Share of Building Automation System Market?
  • A building automation system is a set of systems designed to control and automate various electric, electronic, and mechanical systems building systems.
  • In addition, changing consumers' preference toward HVAC control systems is anticipated to create lucrative opportunities in the building automation system market.

Travis Perkins: Directorate Change

Retrieved on: 
Friday, December 2, 2022

Pursuant to Listing Rule 9.6.11 Travis Perkins plc ("Travis Perkins" or the "Company") makes the following announcement:

Key Points: 
  • Pursuant to Listing Rule 9.6.11 Travis Perkins plc ("Travis Perkins" or the "Company") makes the following announcement:
    Louise Hardy is appointed to the Company's Board as a Non-executive Director and a member of the Remuneration Committee with effect from 1 January 2023.
  • Commenting on Louise's appointment, Jasmine Whitbread, Chair of Travis Perkins said:
    We are delighted to welcome Louise to the Travis Perkins team.
  • As market leader, Travis Perkins is ideally positioned to help customers navigate the increasing complexity of the construction market where major legislative and regulatory change is creating huge opportunity, not least in light of the incoming Future Homes Standard and transition to net zero.
  • Travis Perkins plc is a leading partner to the construction industry and the UK's leading distributor of building materials to trade customers.

Babcock & Wilcox and Chart Industries to Collaborate on Hydrogen Innovation Utilizing B&W’s Brightloop™ Technology

Retrieved on: 
Thursday, December 1, 2022

Together, this solution provides economic generation of low-carbon hydrogen and supplies cost-effective, transportable forms of liquid hydrogen and carbon dioxide.

Key Points: 
  • Together, this solution provides economic generation of low-carbon hydrogen and supplies cost-effective, transportable forms of liquid hydrogen and carbon dioxide.
  • B&W and Chart will also work together to develop sales and marketing strategies for potential commercial hydrogen and carbon capture customers and projects.
  • This collaboration agreement with Chart offers tremendous opportunity to further deploy B&Ws advanced BrightLoop technology, said Kenneth Young, Chairman and Chief Executive Officer, B&W.
  • Chart cautions that this release contains forward-looking statements, including, without limitation, statements relating to an agreement to collaborate with Chart on the further deployment of B&Ws BrightLoop hydrogen generation technology, utilizing Charts integrated hydrogen liquefaction and cryogenic carbon capture equipment and expertise.

Article - Energy saving: EU action to reduce energy consumption

Retrieved on: 
Thursday, December 1, 2022

Read more on EU action to reduce emissions

Key Points: 
  • Read more on EU action to reduce emissions
    New energy efficiency targets
    Energy efficiency improvements could reduce not only CO2 emissions, but also the EUs annual 330 billion bill for energy imports.
  • That is why EU lawmakers are working on an update of the 32.5% energy efficiency target for 2030, agreed in the 2018 energy efficiency directive.
  • New targets, backed by Parliament in September 2022, are a reduction of at least 40% in final energy consumption and 42.5% in primary energy consumption.
  • Final energy consumption refers to the energy used by final consumers (such as electricity consumption by households), whereas primary energy consumption represents the total energy demand within a country (for example fuel burned to produce electricity).

Global Calcined Anthracite Market Report 2022: Industry Trends, Share, Size, Growth, Opportunity and Forecasts 2016-2021 & 2022-2027 - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 1, 2022

The "Calcined Anthracite Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Calcined Anthracite Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • The global calcined anthracite market reached a value of US$ 3.38 Billion in 2021.
  • Calcined anthracite is produced by annealing anthracite coal in a horizontal gas furnace at an extreme temperature.
  • What is the structure of the global calcined anthracite market and who are the key players?

Sparking Innovation: Alaska Island City Leads Renewable Energy Charge

Retrieved on: 
Thursday, December 1, 2022

SITKA, Alaska, Dec. 1, 2022 /PRNewswire/ -- Consensus Digital Media presents episode #11 of Made In America: American Innovators, featuring the island city of Sitka.

Key Points: 
  • SITKA, Alaska, Dec. 1, 2022 /PRNewswire/ -- Consensus Digital Media presents episode #11 of Made In America: American Innovators, featuring the island city of Sitka.
  • Nestled in southeastern Alaska, Sitka is spearheading renewable energy innovations to preserve the island and increase access to Alaskan resources in partnership with the indigenous population.
  • Tune in to hear from residents in the "Last Frontier" about how renewable energy powers Sitka through two hydroelectric dams and how the city is improving on and looking to export decarbonization innovations beyond the island's shores and throughout Alaska.
  • Sitka's Electric Department enrolled in the U.S. Department of Energy's Energy Transition Initiative Partnership Project and is working with local partners like the Renewable Energy Alaska Project and the National Energy Labs to prepare Sitka to meet the increased demand for renewable power and extend the positive impacts of decarbonization across the state.

Saudi Arabia Residential AC Market Size to Have $917.8 Million by 2030, Says P&S Intelligence

Retrieved on: 
Thursday, December 1, 2022

NEW YORK, Dec. 1, 2022 /PRNewswire/ --In 2021, the Saudi Arabian residential AC market accounted for a size of $521.6 million, and it is expected to grow at a 6.5% CAGR between 2021 and 2030, to hit $917.8 million in 2030.

Key Points: 
  • NEW YORK, Dec. 1, 2022 /PRNewswire/ --In 2021, the Saudi Arabian residential AC market accounted for a size of $521.6 million, and it is expected to grow at a 6.5% CAGR between 2021 and 2030, to hit $917.8 million in 2030.
  • The major reasons behind the growth of this market are the rising humidity and heat in the climate, surging per capita income, and increasing investments in the residential industry.
  • Get the sample pages of this report: https://www.psmarketresearch.com/market-analysis/saudi-arabia-residentia...
    Split ACs have had the largest market share in recent years.
  • In Saudi Arabia, ACs are a necessity, not a luxury, due to the growing humidity and heat in the atmosphere.