Utilities will seek advanced IT systems for energy management: Navigant Research
The report: Optimising DER Integration and Grid Management with DERMS and ADMS explores new business models while examining the key drivers that enable these deployments
European utilities explore investments in energy storage
“Technology costs are high, and the electricity costs and incentives to shift energy through time-of-use rates are not there yet,” says Research Analyst Rory McCarthy on Europe’s residential energy storage market
Why utilities sector necessitates connected IoT
The utilitiy industry has come to the realisation that IoT adoption is necessary to stay relevant and globally expand in the long run
Utility and energy firms highly exposed to cyberattacks
Energy and utility firms are more exposed to cyberattacks within IT networks, per the latest report by Vectra, and need to engage with cybersecurity vendors
Global activated carbon market estimated to grow at CAGR of 8%
In addition, it is expected to reach a valuation of $8,841.5mn by end of 2023
Coal prices in Europe to surpass $100 a ton due to China’s power demand
This makes it the highest figure since 2013 as the country’s demand for electricity has drawn in more cargoes of the dirtiest fossil fuel
Europe’s natural gas prices surge to records for summer season
Higher-than-expected summer demand and a tighter market drive natural gas price to record levels last seen during this past winter’s supply crunch
EPCOR USA to acquire Rio Verde Utilities
The acquisition will mark EPCOR's 10th addition since its time in the United States
Balfour Beatty to build the world’s largest offshore wind farm
The UK multinational infrastructure group has been awarded a multi-million pound contract to build the onshore substation for Ørsted’s offshore wind farm: Hornsea Project Two
Liberty Utilities increase efforts to address tree mortality risk
The inspection program and subsequent removal of hazardous trees are designed to reduce the risk of power outages, potential wildfires and to comply with state regulations.
Japanese utilities buy into vast offshore wind farm in UK
J-Power and Kansai Electric’s $900 mn deal will give them a know-how of the sector