Proving the Business Case for the Internet of Things

Smart Energy Newsletter Archives: July 2015

 

Machine learning helps IBM boost solar and wind energy resources

Solar and wind forecasts using machine learning and cognitive computing are up to 30 per cent more accurate, says IBM Research, which could help optimise solar resources as they are integrated into energy systems.
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Cyber attack on US power grid could cost $1 trillion, says Lloyd’s study

A cyber attack on the US power grid could cost the country’s economy up to $1tn according to a study by insurance market Lloyd’s of London and the University of Cambridge’s Centre for Risk Studies.
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Dubai reveals smart meter roll-out plans as it prepares to host World Expo 2020

The Dubai Electricity & Water Authority (DEWA) is installing 200,000 smart meters, which will be operational in January 2016. More than one million smart meters will be installed by 2020 covering all Dubai.
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Smart grid VC funding down in Q2 but up to $289m for year so far

Venture capital (VC) funding – including private equity – for smart grid companies was down with $104m in 18 deals in the second quarter of 2015 compared with $185m in 15 deals in the first quarter, according to a report from Texas-based consultancy Mercom Capital.
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Gibraltar plans smart meter pilot this year

The Gibraltar Electricity Authority (GEA) hopes its upcoming smart-meter pilot will be operational by the end of 2015.
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USDA announces £349m funding for rural electric infrastructure and smart grids

The US Department of Agriculture (USDA) has announced $349m in funding for rural electric infrastructure projects including $17m in smart grid technology.
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Delta previews smart grid modules at Distributech in South Africa

Delta Energy & Communications, a California-based smart grid energy systems provider, previewed its iAMI intelligent advanced metering infrastructure and iTM intelligent transformer modules at Distributech in Johannesburg this month.
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Enercare buys smart meter firm Triacta for $7.5m

Canadian company Enercare has acquired smart-meter maker Triacta Power Technologies for $7.5m, subject to certain working capital and other adjustments, and payment in full by Triacta of its existing indebtedness.
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Smart grid technology could help astronauts explore deep space, says Battelle
Smart grid technology can help astronauts safely explore deep space, according to work conducted by Ohio-based Battelle for Nasa’s Glenn Research Centre.
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GE and Sensus collaborate on smart meter communications
GE’s Digital Energy business is working with North Carolina-based Sensus to improve the communications technology in residential electricity meters.
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Oracle helps utilities make the most of smart meter data
Oracle Utilities has announced DataConnect, a data extraction feature that allows utilities to leverage data more easily across their systems, including those provided by third-party vendors.
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Billion seeks partners to enter south-east Asia smart energy market
Taiwanese company Billion Electric is looking for partners to enter the smart lighting and smart energy markets in south-east Asia.
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Solar cell that works in the dark could help smart grid projects
A University of Texas at Arlington materials science and engineering team has developed an energy cell that can store large-scale solar energy even when it’s dark. This opens the way for solar energy to play a larger role in smart grid projects.
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Canada and Israel collaboration using military knowhow to improve smart grids
The Canada-Israel Industrial R&D Foundation (CIIRDF), together with EllisDon from Ontario and Rafael Advanced Defense Systems from Israel, are collaborating in smart grid technology that aims to develop a novel and sustainable approach to energy management.
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UK competitions body calls for faster smart meter roll out to protect consumers
The UK government’s Competition & Markets Authority (CMA) has called for a speed-up on the roll out of smart meters to help stop over charging by the major electricity and gas suppliers and to help consumers shop around for better deals.
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Collaboration helps Taipower secure smart-grid demonstration
A coming together of public and private brainpower has helped Taiwan Power (Taipower) find a secure way to provide real-time information from its power plant to its smart grid demonstration project at the demo site in Penghu Island, Taiwan.
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NRG and Ice Energy provide California with cleaner energy choice
California companies NRG Energy and Ice Energy have partnered to help reduce the state’s peak energy demand through an innovative energy storage system.
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