Saudi Arabia is making significant strides in modernizing its energy infrastructure, driven by the integration of smart grid sensors. These advancements are part of the nation's broader efforts to enhance energy sustainability and efficiency. The deployment of smart grid sensors is
In a landmark financial arrangement, the European Investment Bank (EIB) has granted a loan of €206.9 million to the Polish energy giant ORLEN Group. With Poland’s energy grid modernization and the incorporation of renewable energy sources as the core ambitions, this collaboration stands poised to si
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
