Smart Grid

The Smart Grid Network Market is evolving rapidly, reflecting the technology’s crucial role in modernizing power infrastructure across the globe. This market is forecasted to grow significantly, with its size expected to reach USD 60.6 billion by 2033 from USD 19.5 billion in 2023. This progression

The rising integration of renewable energy sources, such as solar and wind, alongside growing power demands, has created an urgent need to stabilize electricity grids. As the global community strives to decarbonize, it increasingly turns to renewable energy as the primary mode of power generation.

In a significant shift in policy, Federal Minister for Economic Affairs, Robert Habeck, has proposed amendments to the Energy Industry Act that will slow down the installation of smart electricity meters (SMGWs) in Germany. This move marks a departure from the aggressive roll-out strategy initially

Romania is making a renewed effort to develop the Tarnița-Lăpuștești reversible hydropower plant project, driven by a newly signed Memorandum of Understanding (MoU) between the Romanian Ministry of Energy and the Japanese company Itochu Corporation. The hydropower plant, with a planned capacity of 1

Singapore is taking a significant step towards a sustainable future with the introduction of its first district-level Smart Grid in the Punggol Digital District (PDD). This innovative project, led by Jurong Town Corporation (JTC) in collaboration with Univers and PacificLight Power, aims to

The global power metering market is on the cusp of a significant transformation. Estimated at $18.8 billion in 2023, it is projected to reach $29.1 billion by 2030, marking a compound annual growth rate (CAGR) of 6.4%. This growth is driven by a combination of technological advancements, regulatory