Around the globe, utility companies are investing in smart grid projects. According to the research firm Guidehouse Insights, utilities are anticipated to grow their smart grid capacity by nearly 20% per year over the next decade. Despite shutdowns due to the coronavirus-related closures, smart grid projects are slowly moving forward in some regions. In India, […]
Smart grid projects from around the world are moving forward even though the COVID-19 pandemic is causing slowdowns. While the pandemic is expected to make already-challenging smart grid rollouts more complicated, regions are still seeing progress—especially in smart meter installation projects. State Agency Installs Over 1.2 Million Smart Meters Throughout India Amid COVID-19 shutdowns, the […]
Cities are getting bigger. Thanks to the Internet of Things (IoT), they’ll soon be getting smarter, too. Over the next 30 years, urban areas are expected to add an estimated 2.5 billion people on average worldwide. As these cities grow, police wearables, open data, smart trash collection, and tools that monitor traffic levels and crowds […]
The Internet of Things (IoT) is allowing organizations to cost-effectively implement smart grids, also known as microgrids. Through IoT-based energy technologies, companies could revolutionize the distribution of electricity around the world. Microgrids create smaller groups from the larger electrical utility grid, which provides greater control to organizations on how they use their energy supply. Through […]
Smart grid technology is enabling the effective management and distribution of renewable energy sources such as solar, wind, and hydrogen. The smart grid connects a variety of distributed energy resource assets to the power grid. By leveraging the Internet of Things (IoT) to collect data on the smart grid, utilities are able to quickly detect […]
Today’s modern smart grid connects a variety of distributed energy resource assets to the power grid. This creates a diverse and disparate system, which both individuals and power companies can impact, with enormous benefits. Distributed energy collection assets (such as solar panels) are essential to increase the use of green energy, which helps the environment […]
Created in 2003, IEEE Standard 1547™ establishes a technical standard for interconnecting distributed energy resources (DER) with electrical power systems (EPSs). Since Standard 1547 was first created, technology has become more sophisticated and the modern electric grid has experienced increased levels of penetration. Due to the increase in DER interconnection applications, there have been ample […]
Renewable energy technologies like solar and wind are delivering a steady stream of new distributed generation concepts and, along with new technologies related to Smart Grid and distributed energy resources, are changing the entire utility business model. Moreover, the build out of 4G and 5G small cell antenna systems that will enable the Internet of […]
Bain & Company compiled numerous fascinating statistics along with a helpful infographic about how new technologies are transforming the electricity landscape. While there are an abundance of new opportunities for energy companies to create a smarter electric system, there are also four key steps that utilities need to take in order to make the current […]
