Electric power industry

$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.

Momentus to Participate in Morgan Stanley Space Summit

Retrieved on: 
Friday, December 2, 2022

Momentus Inc. (NASDAQ: MNTS) (Momentus or the Company), a U.S. commercial space company that offers transportation and other in-space infrastructure services, announced that Chief Executive Officer John Rood will participate in the Morgan Stanley 5th Annual Space Summit taking place on December 6, 2022, in New York City.

Key Points: 
  • Momentus Inc. (NASDAQ: MNTS) (Momentus or the Company), a U.S. commercial space company that offers transportation and other in-space infrastructure services, announced that Chief Executive Officer John Rood will participate in the Morgan Stanley 5th Annual Space Summit taking place on December 6, 2022, in New York City.
  • Mr. Rood will participate in the Space Infrastructure To the Moon and Back and Everything in Between panel beginning at 2:15 p.m.
  • Additionally, Mr. Rood will host meetings with institutional investors, which can be arranged through your Morgan Stanley representative.
  • Momentus Chief Executive Officer John Rood will participate in the Space Infrastructure To the Moon and Back and Everything in Between panel that will be moderated by Kristine Liwag, Aerospace and Defense Analyst, Morgan Stanley.

Hammond Power Solutions Declares Quarterly Dividend

Retrieved on: 
Thursday, December 1, 2022

GUELPH, Ontario, Dec. 01, 2022 (GLOBE NEWSWIRE) -- (TSX: HPS.A) The Board of Directors of Hammond Power Solutions Inc. (HPS) declared a quarterly cash dividend of ten cents ($0.10) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of ten cents ($0.10) per Class B Common Share of HPS payable on December 15, 2022, to shareholders of record at the close of business on December 8, 2022.

Key Points: 
  • GUELPH, Ontario, Dec. 01, 2022 (GLOBE NEWSWIRE) -- (TSX: HPS.A) The Board of Directors of Hammond Power Solutions Inc. (HPS) declared a quarterly cash dividend of ten cents ($0.10) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of ten cents ($0.10) per Class B Common Share of HPS payable on December 15, 2022, to shareholders of record at the close of business on December 8, 2022.
  • HPS designates the entire amount of this taxable dividend to be an eligible dividend for purposes of the Income Tax Act (Canada), as amended from time to time.
  • Please contact your tax advisor if you have any questions with regard to the designation of the eligible dividend.
  • ABOUT HAMMOND POWER SOLUTIONS INC.
    Hammond Power Solutions Inc. (HPS or the Company) enables electrification through its broad range of dry-type transformers, power quality products and related magnetics.

FirstEnergy Building New Transmission Line in Northeast Ohio

Retrieved on: 
Wednesday, November 30, 2022

AKRON, Ohio, Nov. 30, 2022 /PRNewswire/ -- American Transmission Systems, Inc. (ATSI), a subsidiary of FirstEnergy Corp. (NYSE: FE), is constructing a new high-voltage transmission line in Lorain County, Ohio, that will enhance service reliability for approximately 28,000 customers and accommodate increasing demand for electricity in the future.

Key Points: 
  • AKRON, Ohio, Nov. 30, 2022 /PRNewswire/ -- American Transmission Systems, Inc. (ATSI), a subsidiary of FirstEnergy Corp. (NYSE: FE), is constructing a new high-voltage transmission line in Lorain County, Ohio, that will enhance service reliability for approximately 28,000 customers and accommodate increasing demand for electricity in the future.
  • The $24.7 million project includes installation of seven miles of new power line along the route and the reconfiguration of 20 miles of existing transmission line.
  • ATSI provides transmission services in Ohio and in the western portion of Pennsylvania and owns or maintains more than 8,100 miles of transmission lines, substations and other facilities.
  • The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions.

Onestream signs agreement with BT Wholesale to bring supercharged broadband to millions of UK homes

Retrieved on: 
Wednesday, November 30, 2022

LONDON, Nov. 30, 2022 /PRNewswire/ --Broadband provider Onestream has signed a strategic agreement with BT Wholesale, reinforcing its ability to deliver supercharged speeds to millions of homes and businesses around the UK.

Key Points: 
  • LONDON, Nov. 30, 2022 /PRNewswire/ --Broadband provider Onestream has signed a strategic agreement with BT Wholesale, reinforcing its ability to deliver supercharged speeds to millions of homes and businesses around the UK.
  • The agreement will see Onestream offer customers connections through BT's Fibre to the Premises (FTTP) and high-speed SoGEA network the largest network of its kind in the UK.
  • The deal will also allow Onestream to offer high-speed 'supercharged' GFast connections to customers whose premises do not have access to direct fibre.
  • Aaron Brown, co-founder of Onestream with fellow telecoms entrepreneur Darren Ridge, said: "This new partnership with BT Wholesale strengthens our ability to bring fast, reliable broadband to customers wherever they are in the UK, reinforcing our ability to bring resilient, high-quality broadband to more homes and businesses than any other provider.

$1.7 Billion AC Power Sources Markets: Aerospace, Defense & Government Services, Energy, Wireless Communication & Infrastructure, Consumer Electronics & Appliances - Global Forecast to 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 29, 2022

The "AC Power Sources Market by Phase Type (Single, Three), Modulation Type (PWM, Linear), Application (Aerospace, Defense & Government Services, Energy, Wireless Communication & Infrastructure, Consumer Electronics & Appliances) & Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "AC Power Sources Market by Phase Type (Single, Three), Modulation Type (PWM, Linear), Application (Aerospace, Defense & Government Services, Energy, Wireless Communication & Infrastructure, Consumer Electronics & Appliances) & Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
  • The AC power sources market has been segmented into aerospace, defence & government services, energy, wireless communication & infrastructure, consumer electronics & appliances, and others based on application.
  • Three phase: The fastest segment of the AC power sources market, by power supply phase
    Based on the power supply phase, the AC power sources market has been split into Single phase and Three phases.
  • The leading players in the AC power sources market are Keysight Technologies (US), Chroma ATE (Taiwan), AMETEK (US), Pacific Power Source ( US), and Matsusada Precision (Japan).

EQS-News: Camber Energy Inc. Subsidiary Viking Energy Group Inc. (OTC: VKIN) Technology To Improve Grid Safety and Reliability

Retrieved on: 
Monday, November 28, 2022

Camber Energy Inc. Subsidiary Viking Energy Group Inc. (OTC: VKIN) Technology To Improve Grid Safety and Reliability

Key Points: 
  • Camber Energy Inc. Subsidiary Viking Energy Group Inc. (OTC: VKIN) Technology To Improve Grid Safety and Reliability
    The issuer is solely responsible for the content of this announcement.
  • Through its 62%-owned subsidiary, Viking Energy Group Inc. (OTC: VKIN), Camber provides custom energy and power solutions to commercial and industrial clients in North America.
  • This technology has the potential to drastically improve utilities across the globe by increasing the overall safety and reliability of the electrical grid.
  • The Distribution Line Solution from Viking Sentinel Technology, LLC, is the hardware component of Viking Energy's multifaceted plan to improve the security and safety of the electrical grid.

Digital Transformation Guide Released by Consultancy Firm Elsewhen

Retrieved on: 
Thursday, November 17, 2022

London, UK--(Newsfile Corp. - November 16, 2022) - Elsewhen , a digital product consultancy based in London, UK, has released a digital transformation guide.

Key Points: 
  • London, UK--(Newsfile Corp. - November 16, 2022) - Elsewhen , a digital product consultancy based in London, UK, has released a digital transformation guide.
  • Leon Gauhman, co-founder and chief product & strategy officer at Elsewhen, commented: "We've created this new online guide to help organisations navigate the complex challenges of digital transformation.
  • Discover what digital transformation consulting is, and how a consultancy can help the digital transformation journey.
  • Discover why seeing digital transformation from the customer's viewpoint is vital for any organisation - and how a digital transformation consultancy can help improve customer-centricity.

Kingfisher Lake First Nation Energized by Wataynikaneyap Power

Retrieved on: 
Thursday, November 24, 2022

FORT WILLIAM FIRST NATION, Ontario, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Wataynikaneyap Power announces the energization of Kingfisher Lake First Nation, a remote northern Ontario community, which was connected to the provincial power grid on November 8, 2022.

Key Points: 
  • FORT WILLIAM FIRST NATION, Ontario, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Wataynikaneyap Power announces the energization of Kingfisher Lake First Nation, a remote northern Ontario community, which was connected to the provincial power grid on November 8, 2022.
  • I am very excited that we are celebrating the connection of Kingfisher Lake First Nation, says Margaret Kenequanash, CEO of Wataynikaneyap Power.
  • Kingfisher Lake became the third First Nation connected to the provincial power grid through the Wataynikaneyap Power transmission line infrastructure project.
  • Pikangikum First Nation was energized in December 2018 while North Caribou Lake First Nation connected to the power grid in October 2022.

City of Gallup, NM Selects Guzman Energy as Exclusive Wholesale Power Provider

Retrieved on: 
Wednesday, November 16, 2022

A primary feature of the new partnership will be fixed wholesale power pricing that will provide the City with predictable power supply costs for budgeting and planning.

Key Points: 
  • A primary feature of the new partnership will be fixed wholesale power pricing that will provide the City with predictable power supply costs for budgeting and planning.
  • We are pleased to have found that proactive partner in Guzman Energy, said City of Gallup Deputy Electric Director Charles Nourse.
  • The Guzman Energy team brings extensive experience in developing customized energy solutions for cooperatives, municipalities and tribes.
  • Guzman Energy is a wholesale power provider dedicated to communities in search of affordable and reliable energy.