As the global energy landscape shifts toward sustainability and efficiency, the smart meter market is projected to reach an impressive $76.96 billion by 2032. This surge from $23.94 billion in 2023 is driven by technological advancements, regulatory mandates, and the pressing need to manage energy
The energy storage sector has been a hotbed of activity, driven by the global push towards renewable energy transition. Recently, a significant development has taken place with BW ESS’s strategic acquisition of the remaining shares in Penso Power. This move is set to enhance BW ESS’s capabilities
An in-depth study published recently examines an energy management optimization model tailored for cooperative multi-Microgrids (MMGs), which integrates a Demand Response Program (DRP) and takes into account various uncertainties. The model achieves a balance of techno-economic and environmental
In a significant move towards enhancing energy security, UKRSIBBANK BNP Paribas Group has entered into a $10 million agreement with the agricultural giant MHP. This funding will be allocated to the installation of solar panels and cogeneration units for generating electricity and heat.
As Poland transitions to a more sustainable energy system, Battery Energy Storage Systems (BESS) emerge as critical assets. Positioned securely within Poland’s Capacity Market (CM), BESS provides not only standby capacity but also a plethora of opportunities for revenue generation. The financial
India’s recent approval to join an influential global energy efficiency hub marks a significant move towards enhancing energy efficiency practices nationwide. This decision, backed by the Union Cabinet, sets the stage for India to collaborate intensively with other member nations in pursuing
