(Credit: Global Market Insights)
The production of power transformer equipment has gathered robust pace in recent years. The incessant demand for reliable power supply is a known factor worldwide, driving consistent investments in upgrading grid infrastructure.
According to estimates from the International Energy Agency (IEA), the gross electricity consumption across the globe is set to register an annual rise of nearly 2%, growing from 25,679 billion kWh to 40,443 billion kWh until 2040. Renewable energy generation can be expected to form a notable part of this growth.
Several crucial components are required to accommodate this prolific rise in electricity demand, particularly power transformers. Unlike its other counterparts which operate at a 60% to 70% efficiency rate, power transformers are designed to accommodate higher voltage inputs, ranging from 33 to 400 kV, and operate at a nearly 100% efficiency.
Ameren Missouri customers benefit from cleaner energy and more reliable service with newly updated Smart Energy Plan
Plan boosts investments while accelerating customer benefits
News provided by
Share this article
Share this article
ST. LOUIS, Feb. 19, 2021 /PRNewswire/ Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), filed an updated Smart Energy Plan and budget with the Missouri Public Service Commission today. The $8.4 billion plan supports grid modernization efforts over the next five years, including installation of more than one million smart meters, more renewable generation, programs to stimulate economic growth for communities across Missouri and infrastructure upgrades that bolster reliability while enabling clean energy generation.
Ameren Missouri customers benefit from cleaner energy and more reliable service with newly updated Smart Energy Plan prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.