Energy storage systems (ESS) in smart grids represent a growing sector with profound potential. According to industry reports, the global energy storage market was valued at $11 billion in 2022 and is expected to surpass $58 billion by 2025.
Browsing: Smart Grid
The proposed €650 million hydroelectric energy storage project in County Tipperary has gained considerable traction. Representing a crucial element in sustainable energy storage, this project stands as a testament to Ireland’s commitment to renewable energy solutions.
Gorilla Technology inked a significant $1.8 billion contract to spearhead Thailand’s ambitious smart grid and AI-enhanced energy transition, a pivotal moment in Southeast Asia’s digital transformation landscape.
Amidst evolving energy demands in Europe, TE Connectivity has unveiled its expanded Energy Smart Grid site in Bensheim, Germany.
The European Union (EU) and European Bank for Reconstruction and Development (EBRD) have fortified Jordan’s National Electric Power Company (NEPCO) with a strategic financing package of EUR 67.1 million, a bold move to invigorate Jordan’s transmission grid system.
Korea Electric Power Corp (KEPCO), has confirmed its continued commitment to bolstering its investments in the Philippines’ renewable energy, nuclear,…
Tunisia has embarked on a significant transformation in its energy sector. It launched the initial phase of its Smart Grid…
The U.S. Department of Energy’s (DOE) recent approval of System Impact Studies for 11 energy projects represents a critical milestone…
According to the International Energy Agency (IEA), the global power grid expansion is faltering as a result of escalating costs.
Energy prices continue to escalate in the UK, placing additional strain on households as they approach a new financial forecast. The energy regulator Ofgem has announced a forthcoming increase in the price cap, which will become effective April 1, 2025.
