Electric power industry

Malaysia NFT Market Intelligence and Future Growth Dynamics Report 2022: A $3+ Billion Market by 2028 - 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 14, 2022
Professional Services, Arts, Museums, Entertainment, Blockchain, NFT, Technology, Cryptocurrency, Spend, Ethereum, Sale, Collection, NFT, Investment, Growth, Cryptocurrency, Video game, Electric power industry, Music, Non-fungible token

The "Malaysia NFT Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels - Q2 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Malaysia NFT Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels - Q2 2022" report has been added to ResearchAndMarkets.com's offering.
  • NFT industry in Malaysia is expected to grow by 49.9% on an annual basis to reach US$536.7 million in 2022.
  • The NFT Spend Value in the country will increase from US$536.7 million in 2022 to reach US$3028.8 million by 2028.
  • Non-fungible tokens (NFTs), which have recorded significant growth globally, also see phenomenal growth in Malaysia.

Edison International Raises Common Stock Dividend 5.4%; 19th Consecutive Annual Increase

Retrieved on: 
Thursday, December 8, 2022
Utilities, Energy, Series, EPS, NYSE, Electricity, Edison International, Southern California Edison, International, Holding company, Electric power industry, Coastal California

Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.7375 per share, payable on Jan. 31, 2023, to shareholders of record on Dec. 30, 2022.

Key Points: 
  • Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.7375 per share, payable on Jan. 31, 2023, to shareholders of record on Dec. 30, 2022.
  • The 2023 annual dividend rate will be $2.95 per share, an increase of 5.4% from the current annual dividend rate of $2.80 per share.
  • This marks the 19th consecutive annual increase in Edison Internationals dividend, which delivers an attractive yield and remains a key component of the companys total return proposition, said Pedro J. Pizarro, president and CEO of Edison International.
  • Headquartered in Rosemead, California, Edison International is the parent company of Southern California Edison Company, a utility that delivers electricity to 15 million people across Southern, Central and Coastal California.

Ameren Illinois' Lenny Singh elected Chairman of Illinois Utilities Business Diversity Council

Retrieved on: 
Wednesday, December 14, 2022
Water, Ameren, Northwestern University, Nicor Gas, Partnership, Peoples Energy, American Water Works, COVID-19, Growth, Council, 3000, Multimedia, Engineering, CSI, Electric power industry, Online shopping, Commonwealth Edison

CHICAGO , Dec. 14, 2022 /PRNewswire/ -- Lenny Singh, chairman and president of Ameren Illinois, was appointed chairman of the board of the Illinois Utilities Business Diversity Council (IUBDC) at its Dec. 6 annual meeting. Rebecca Losli, newly appointed president of Illinois American Water, was named to the IUBDC Board of Directors.

Key Points: 
  • CHICAGO, Dec. 14, 2022 /PRNewswire/ -- Lenny Singh, chairman and president of Ameren Illinois, was appointed chairman of the board of the Illinois Utilities Business Diversity Council (IUBDC) at its Dec. 6 annual meeting.
  • Formed in 2015, IUBDC is a coalition of the state's leading utilities focused on increasing business for diverse suppliers through collaboration, technical development and sharing of best practices.
  • Charter members include Ameren Illinois, Commonwealth Edison, Illinois American Water, Nicor Gas, North Shore Gas and Peoples Gas.
  • The Illinois Utilities Business Diversity Council (IUBDC) members include Ameren Illinois, ComEd, Illinois American Water, Nicor Gas, North Shore Gas and Peoples Gas.

DC-DC converter Global Market Report 2022: Ukraine-Russia War Impact

Retrieved on: 
Tuesday, December 13, 2022
Electricity, Acquisition, Delphi Technologies, BorgWarner, Texas Instruments, Big data, Research report, MEAN, Infineon Technologies, Noise, DC-DC, IOT, Geography, Health, AC, Artificial intelligence, Growth, General Electric Company, Organization, Electronics, Casio AE-1000W, Machine learning, Vicor Corporation, Electric power industry, Electric motor, Cryptocurrency

North America was the largest region in the DC-DC converter market in 2021.

Key Points: 
  • North America was the largest region in the DC-DC converter market in 2021.
  • The regions covered in the DC-DC converter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
  • The countries covered in the DC-DC converter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
  • The DC-DC converters market research report is one of a series of new reports that provides DC-DC converters market statistics, including DC-DC converters industry global market size, regional shares, competitors with a DC-DC converters market share, detailed DC-DC converters market segments, market trends and opportunities, and any further data you may need to thrive in the DC-DC converters industry.

Potomac Edison Completes First Battery Storage Project to Support EV Charging and Ease Demand on Grid

Retrieved on: 
Tuesday, December 13, 2022
Linda, Maryland Public Service Commission, FirstEnergy, Myersville, Maryland, Route 17, Interstate 70 in Maryland, EV, NYSE, Ride, FE, Interstate Highway System, DCFC, Multimedia, Safety, Electric power industry, Electric battery, Renewable energy

WILLIAMSPORT, Md., Dec. 13, 2022 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), has completed a battery energy storage project paired with two new electric vehicle (EV) fast-charging stations and one Level 2 charging station in Frederick County, Maryland. Because fast-charging stations create significant demand on electric grids, the bundling of the storage system with fast chargers will allow Potomac Edison to study how energy storage can help minimize the impact of such demand spikes on its network.

Key Points: 
  • The Level 2 charging station at the site can accommodate two vehicles for simultaneous charging and delivers eight to 24 miles of range per hour of charging.
  • In addition, the system includes a 500-kilowatt battery that provides uninterruptable electric vehicle charging and reduces the load drawn from the grid by powering the charging stations during peak demand times.
  • The battery system is expected to be able to provide approximately eight hours of uninterrupted EV charging.
  • Through the program, Potomac Edison is installing 59 charging stations, including 20 fast-charging stations, across its seven-county Maryland territory.

East Texas Electric Cooperative and Minnkota Power Cooperative Become ACES' Newest Members

Retrieved on: 
Wednesday, December 7, 2022
Electricity, Customer, NMPA, ETEC, Member, Deep East Texas Electric Cooperative, ACES, Garrison Dam, Organization, Electric power industry, Rail transport, Renewable energy, Minnkota Power Cooperative

CARMEL, Ind., Dec. 7, 2022 /PRNewswire/ -- ACES announced that East Texas Electric Cooperative (ETEC), located in Nacogdoches, Texas, and Minnkota Power Cooperative (Minnkota), located in Grand Forks, North Dakota, will become its newest Members effective January 1, 2023.

Key Points: 
  • CARMEL, Ind., Dec. 7, 2022 /PRNewswire/ -- ACES announced that East Texas Electric Cooperative (ETEC), located in Nacogdoches, Texas, and Minnkota Power Cooperative (Minnkota), located in Grand Forks, North Dakota, will become its newest Members effective January 1, 2023.
  • Minnkota is an electric generation and transmission (G&T) cooperative formed in 1940.
  • Minnkota operates and maintains a robust set of electric transmission infrastructure, including more than 3,340 miles of transmission line and 252 substations.
  • Minnkota also serves as operating agent for the Northern Municipal Power Agency (NMPA).

Emerson Software Automates Purdue University’s Groundbreaking DC-Powered Nanogrid House

Retrieved on: 
Tuesday, December 6, 2022
Data Management, Other Manufacturing, Technology, Steel, Packaging, Engineering, Automotive Manufacturing, Manufacturing, Nuclear, Mobile, Wireless, Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Other Technology, Software, Networks, Internet, Hardware, NYSE, University, Carbon, Weather, Purdue University, Emerson, Wind, AC, Electric motor, Electric power industry, Renewable energy

Purdue University is using global software and engineering leader Emersons (NYSE: EMR) advanced digital technologies to automate its Nanogrid House, a living lab for energy-efficient home research.

Key Points: 
  • Purdue University is using global software and engineering leader Emersons (NYSE: EMR) advanced digital technologies to automate its Nanogrid House, a living lab for energy-efficient home research.
  • The Nanogrid House enables researchers to develop technologies to address these challenges in anticipation of a future nationwide shift to DC power.
  • Using Emersons renewable power expertise and Ovation software and technologies , Purdue University researchers have retrofitted an entire house to run on its own DC-powered nanogrid.
  • Emerson (NYSE: EMR) is a global technology and software company providing innovative solutions for the worlds essential industries.

$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
Oil, Gas, Energy, Massachusetts v. Environmental Protection Agency, KV, Automation, Mitsubishi Electric, Family, Heat, Energy, Sulfur hexafluoride, Pressure, GHG, Atmosphere, Nissin Electric, Configuration, D, Lot, CG Power and Industrial Solutions, Sulfur, Electricity, General Electric, Climate, Growth, United States Environmental Protection Agency, HVAC, GIS, IP67, Investment, EPA, ABB, Hospital, Region, SF6, Schneider Electric, Fuji Electric, Powell Industries, USD, Electric power industry, Renewable energy, Industrial gas, Electrical wiring

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
Defense, Satellite, Technology, Aerospace, Manufacturing, Military, Contracts, Seagate Technology, Microwave electrothermal thruster, MET, CubeSat, Morgan Stanley, Morgan, Annual report, Internet, Miniaturization, Security (finance), Water, Maintenance, Inc., Transport, Human, Moon, Human back, Russian Orbital Service Station, Department of Defense Manned Space Flight Support Office, Electric power industry, Communications satellite, California Institute of Technology

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
Toronto Stock Exchange, TSX, Plant, Magnetism, Section 50C of the Isle of Man Income Tax Act 1970, HPS, Income Tax Act, Electric power industry

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.