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Browsing: smart grid
European Investment Bank (EIB) has cemented a €405 million agreement with Orlen, aimed at transforming Poland’s power grid.
While the global smart grid market is anticipated to reach $61 billion by 2023, signifying the rapid advancement of digitized energy infrastructures, cyber threats loom large over these technological ecosystems.
Sumitomo Electric has secured a contract with National Grid UK, offering a significant boost to the UK’s renewable energy infrastructure.
Amidst the UK’s renewable energy transition, National Grid has etched a critical milestone by awarding high-voltage direct current (HVDC) supply…
In recent years, the global energy sector has witnessed a growing emphasis on smart grid technologies. These advanced systems are…
Norwegian Sovereign Wealth Fund Puts $1.6 Trillion in Assets to Natural Capital Risk Assessment
It may be unprecedented in financial history when the Norwegian Sovereign Wealth Fund, custodian of $1.6 trillion in assets, undertakes a substantial shift by subjecting 96% of its portfolio to natural capital risk assessment.
Maximizing Efficiency and Profitability: Cutting-Edge Energy Storage Solutions for Smart Grids
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.
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.
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