Electric power industry

Convergent Energy and Power Selected as 2022 Platts Global Energy Awards Finalist

Retrieved on: 
Monday, November 21, 2022

Convergent Energy and Power (Convergent), a leading provider of energy storage solutions in North America, today announced that it has been named a finalist for the 24th Annual Platts Global Energy Awards in the Infrastructure Project of the Year category.

Key Points: 
  • Convergent Energy and Power (Convergent), a leading provider of energy storage solutions in North America, today announced that it has been named a finalist for the 24th Annual Platts Global Energy Awards in the Infrastructure Project of the Year category.
  • (Photo: Business Wire)
    Often described by S&P Global Commodity Insights as "the Oscars of the energy industry," the Platts Global Energy Awards recognize corporate and individual innovation, leadership, and exemplary performance in 19 categories spanning the entire energy and chemicals complex.
  • The winners of the Platts Global Energy Awards will be selected by an independent panel of judges.
  • Convergent Energy and Power (Convergent) is a leading provider of energy storage solutions in North America.

$1.3 Billion Worldwide Recloser Industry to 2027 - Implementation of Performance-Based Incentive Schemes and Guaranteed Service Programs Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Friday, November 18, 2022

The global recloser market is expected to reach USD 1.3 billion by 2027 from an estimated USD 1.0 billion in 2022, at a CAGR of 5.4% from 2022 to 2027.

Key Points: 
  • The global recloser market is expected to reach USD 1.3 billion by 2027 from an estimated USD 1.0 billion in 2022, at a CAGR of 5.4% from 2022 to 2027.
  • The residential sector has grown overall due to the expansion in the manufacturing sector, which is anticipated to boost the demand for up to 15 kV recloser.
  • Asia Pacific is expected to dominate the global recloser market and is projected to grow at the highest CAGR between 2022 and 2027.
  • The demand for reclosers to regulate electricity and offer fault protection will significantly increase, raising the market in the Asia Pacific.

Vacuum Pressure Impregnated Transformer Market Report 2022: Demand from Varied Industries Including Chemical, Steel, Hydropower and More Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 16, 2022

The pressure impregnated vacuum transformer is an appropriate fit to achieve safety and voltage demands of these industries.

Key Points: 
  • The pressure impregnated vacuum transformer is an appropriate fit to achieve safety and voltage demands of these industries.
  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the vacuum pressure impregnated (VPI) transformer market analysis from 2021 to 2030 to identify the prevailing vacuum pressure impregnated (VPI) transformer market opportunities.
  • In-depth analysis of the vacuum pressure impregnated (VPI) transformer market segmentation assists to determine the prevailing market opportunities.
  • The report includes the analysis of the regional as well as global vacuum pressure impregnated (VPI) transformer market trends, key players, market segments, application areas, and market growth strategies.

Con Edison to Webcast Environmental, Social, And Governance (ESG) Presentation on November 29th

Retrieved on: 
Thursday, November 24, 2022

NEW YORK, Nov. 23, 2022 /PRNewswire/ -- Consolidated Edison's corporate leadership will make an Environmental, Social, and Governance presentation on Tuesday, Nov. 29 at 9 a.m., Eastern time.

Key Points: 
  • NEW YORK, Nov. 23, 2022 /PRNewswire/ -- Consolidated Edison's corporate leadership will make an Environmental, Social, and Governance presentation on Tuesday, Nov. 29 at 9 a.m., Eastern time.
  • The presentation will be followed by a question-and-answer session.
  • Con Edison Transmission manages, through joint ventures, both electric and gas assets while seeking to develop electric transmission projects that will bring clean, renewable electricity to customers, focusing on New York, New England, the Mid-Atlantic states and the Midwest.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/con-edison-to-webcast-environme...

Enel Launches Clean Energy Retail Business in Select US Markets, Marking its Fourth Business Expansion in 2022

Retrieved on: 
Wednesday, November 23, 2022

HOUSTON, Nov. 23, 2022 /PRNewswire/ -- Enel North America , a subsidiary of the world's largest retail energy provider, the Enel Group, today announced the launch of its retail energy business in select deregulated US states, starting with Texas.

Key Points: 
  • HOUSTON, Nov. 23, 2022 /PRNewswire/ -- Enel North America , a subsidiary of the world's largest retail energy provider, the Enel Group, today announced the launch of its retail energy business in select deregulated US states, starting with Texas.
  • Enel's entrance into the US retail energy market complements its comprehensive suite of energy offerings.
  • The launch of Enel's retail energy offering follows several other business expansions announced in 2022.
  • As demand for clean energy rises, Enel continues to commit billions of dollars in new capital for the deployment of energy resources in North America.

CON EDISON WINS ReliabilityOne® AWARDS FOR RELIABLE SERVICE, TECHNOLOGY DEVELOPMENT

Retrieved on: 
Thursday, November 17, 2022

NEW YORK, Nov. 17, 2022 /PRNewswire/ -- Con Edison has earned awards from PA Consulting for providing reliable electric service and for its development of new technology.

Key Points: 
  • NEW YORK, Nov. 17, 2022 /PRNewswire/ -- Con Edison has earned awards from PA Consulting for providing reliable electric service and for its development of new technology.
  • The company won the 2022 ReliabilityOne Award for Outstanding Reliability Performance in the Northeast Metropolitan Service Area and the Outstanding Technology & Innovation Award.
  • Con Edison earned the Outstanding Technology & Innovation Award for developing enhanced supervisory control and data acquisition, also known as SCADA.
  • PA Consulting's ReliabilityOne awards are presented to electric utilities providing their customers with the highest levels of reliability in the industry.

NIKOLA ADDS INDUSTRY VETERAN TO LEAD TRUCK SALES AND SERVICE

Retrieved on: 
Wednesday, November 16, 2022

PHOENIX, Nov. 16, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, today announced that Bruce Kurtt has joined its executive team as Senior Vice President of Sales and Commercial Operations.

Key Points: 
  • Reporting to Nikola President and CEO, Michael Lohscheller, Kurtt will lead all commercial activities for Nikola, including oversight for its sales, sales operations, dealer support and relationships, charging solutions, and service and warranty teams.He succeeds Pablo Koziner, who has elected to leave the company in December.
  • For over 30 years, Kurtt has held executive leadership roles in the heavy and medium duty commercial vehicle industry.
  • Kurtt has owned and operated truck dealerships, frequently earning International's Circle of Excellence Award.
  • These forward-looking statements speak only as of the date hereof and Nikola specifically disclaims any obligation to update these forward-looking statements.

Consumers Energy Completing Over 2,000 Electric Projects in 2022, Strengthening Power Grid for Electric Customers

Retrieved on: 
Tuesday, November 15, 2022

JACKSON, Mich., Nov. 15, 2022 /PRNewswire/ -- Consumers Energy today announced it is finishing more than 2,000 electric projects by the end of this year, aimed at building a more reliable power grid to reduce power outages. The projects being completed this year are providing better service for about 1 million out of 1.9 million homes and businesses that Consumers Energy serves across the state.

Key Points: 
  • Energy Provider Clears Power Lines, Replaces Poles, and Upgrades Substations
    JACKSON, Mich., Nov. 15, 2022 /PRNewswire/ -- Consumers Energy today announced it is finishing more than 2,000 electric projects by the end of this year, aimed at building a more reliable power grid to reduce power outages.
  • 1 job is to keep the lights on for our customers," said Chris Laird, Consumers Energy's vice president of electric operations.
  • Consumers Energy will remain focused on improving our system every year to meet our goal of having fewer and shorter power outages for our customers."
  • Since 2020, Consumers Energy has evaluated all 60,000 miles of electric lines to prioritize fixing the circuits with the most frequent outages.

Transmission Components Market is Set to Surpass US$ 80.2 Bn by year 2032-end on the Back of Recent Rise in Number of Electrification Projects Worldwide. Report by Future Market Insights, Inc.

Retrieved on: 
Tuesday, November 15, 2022

NEWARK, Del., Nov. 15, 2022 /PRNewswire/ -- The global transmission components market is estimated to grow at a CAGR of 5.3% during the forecast period from 2022 to 2032. The market is projected to reach a valuation of US$ 80,279.2 Mn by the end of 2032 from US$ 47,966.7 Mn in 2022. Development of advanced electrical line infrastructure in emerging countries is anticipated to propel the global transmission components market during the forecast period.

Key Points: 
  • Germany is projected to register growth at a rate of 6.6% in the transmission components market between 2022 and 2032.
  • Development of advanced electrical line infrastructure in emerging countries is anticipated to propel the global transmission components market during the forecast period.
  • Buy complete assessment of transmission componentsmarket now: https://www.futuremarketinsights.com/checkout/15742
    The research report analyzes the market demand trend for transmission components system.
  • As per Future Market Insights research scope the transmission components system market report is studied and analyzed on the following segments such as by product type, & regions.

Transmission Components Market is Set to Surpass US$ 80.2 Bn by year 2032-end on the Back of Recent Rise in Number of Electrification Projects Worldwide. Report by Future Market Insights, Inc.

Retrieved on: 
Tuesday, November 15, 2022

NEWARK, Del., Nov. 15, 2022 /PRNewswire/ -- The global transmission components market is estimated to grow at a CAGR of 5.3% during the forecast period from 2022 to 2032. The market is projected to reach a valuation of US$ 80,279.2 Mn by the end of 2032 from US$ 47,966.7 Mn in 2022. Development of advanced electrical line infrastructure in emerging countries is anticipated to propel the global transmission components market during the forecast period.

Key Points: 
  • Germany is projected to register growth at a rate of 6.6% in the transmission components market between 2022 and 2032.
  • Development of advanced electrical line infrastructure in emerging countries is anticipated to propel the global transmission components market during the forecast period.
  • Buy complete assessment of transmission componentsmarket now: https://www.futuremarketinsights.com/checkout/15742
    The research report analyzes the market demand trend for transmission components system.
  • As per Future Market Insights research scope the transmission components system market report is studied and analyzed on the following segments such as by product type, & regions.