Daily updates on the latest developments in smart metering, smart grids & technology industries with news from energy companies and utilities.

US co-op develops state’s largest energy storage plant

In a statement, the Colorado-based utility cooperative said it will construct a 4MW/16MWh energy storage system in Firestone. The construction of the plant will start in the first half of 2018 and will be the utility cooperative’s first commercial energy storage system. The energy provider claims its energy storage plant will be the largest ever to

Iron Dome missile defence tech protects NY Power Authority

The Times of Israel writes that the New York Power Authority (NYPA) is utilising the Iron Dome missile defence technology to stop power outages before they start. Developed by Israeli firm mPrest, the military technology is being used to prevent unplanned outages. Says Doron Gover, who is in charge of corporate development at mPrest: “If

Germany and India expand cooperation on smart energy

Under efforts to optimise its operations through an increase in adoption of smart energy technologies, Indian energy distributor Tata Power Distribution Limited has signed a memorandum of understanding on clean energy with Germany-based GIZ. Under the MoU, GIZ will help the Indian utility to expand its smart energy portfolio. The two will, for instance,  jointly

Bristol is the leading smart city in United Kingdom

A new white paper from Navigant Research, commissioned by Huawei, examines the strategy and execution of 20 leading smart cities in the United Kingdom, highlighting each city’s strategy, key projects, and overall readiness to execute its smart city vision. The political, economic, social, and environmental challenges facing the UK are increasing the focus on the

UK energy giant invests in blockchain tech startup

The energy company through its Centrica Innovations and in partnership with Braemar Energy will invest in US-based blockchain firm LO3. According to reports, LO3 has developed its blockchain technology to enable peer-to-peer energy trading. The technology stores and processes transactional data regarding consumers’ onsite energy generation, storage and trading. Following the trial of the technology in

Energy management in European buildings worth $13.1bn by 2026

The market will grow as a result of realisation of the value of data in optimising the operations of commercial buildings. Navigant Research says the growth of the building energy management systems market will be driven by increased development and adoption of IoT and cloud and edge computing technologies. Moreover, consumer awareness on the benefits of

Mobile IoT networks benefit from connected energy markets

The GSMA announced that mobile operators deploying new mobile IoT networks will be able to benefit from the European connected energy market estimated to be worth USD$26 billion by 20261. Data shared by analyst house Machina Research highlights the huge growth opportunity in the emerging connected energy market that could connect approximately 158 million new

Duke Energy Florida settlement agreement approved

Duke Energy Florida has received approval from the Florida Public Service Commission (FPSC) to move forward with its settlement agreement that will pave the way to a smarter energy future for Florida customers. The settlement agreement, which was filed in August 2017, includes investments in solar energy, smart meters, grid modernisation projects to enhance reliability and make the

SAP releases statement on South African corruption investigation

In a statement released today, German software application firm, SAP, said that it has voluntarily disclosed the situation in its South Africa business to US authorities responsible for enforcing the US Foreign Corrupt Practices Act. It has initiated disciplinary procedures against three employees and made significant changes to its global sales deal processes. Recent investigations