Fluence s Artificial Intelligence-Enabled Market Bidding Platform Selected to Optimize 182 5 MW Battery Energy Storage System in California altenergymag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from altenergymag.com Daily Mail and Mail on Sunday newspapers.
The global smart meter market, valued at $21.13 billion in 2019, is projected to grow at a CAGR of 8.8%, reaching $39.2 billion by 2027, according to Allied Market Research.
The market’s significant growth rate will be driven by government initiatives in leading economies that are mandating smart meters, upgrades in outdated infrastructure, and replacement of old, conventional meters. The ongoing and continuous development of the communication network infrastructure is also driving the manufacture of smart meters. However, high cost of installations of smart meters, borne by end users, is restraining the growth of the market, the research indicates.
The residential segment is expected to secure the leading position throughout the forecast period, followed by commercial and industrial. The smart electric segment is projected to have the largest share of the smart meters market, followed by smart water meters and smart gas meters. Growth of the smart electric meters segment is bein
Powin aims to scale energy storage business with Trilantic, EIP investment bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
AutoGrid announces compatibility with FLO | AddEnergie; flexible utility management of EV charging endpoints
AutoGrid, a leading provider of AI-powered flexibility management software for the energy industry, announced technological compatibility with the FLO and AddEnergie group, a leading operator of the FLO electric vehicle (EV) charging network and provider of smart charging software and equipment, to provide AutoGrid Flex for utility management of smart charging endpoints.
AutoGrid’s suite of flexibility management applications allows utilities, electricity retailers, renewable energy project developers and energy service providers to deliver clean, affordable and reliable energy by managing networked distributed energy resources (DERs) in real time, at scale through different value streams. AutoGrid’s flagship application, AutoGrid Flex, is ranked as the #1 Virtual Power Plant Platform worldwide according to a global ranking published in 2020 by research and analysis firm