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
The UK battery storage market, having struggled through a prolonged phase of underperformance, appears set for a financial turnaround by 2026. This fascinating shift in market dynamics is driven by various economic and technological factors that promise a more stable and profitable environment for
The global push for a sustainable future has seen various regions ramping up their efforts in renewable energy adoption, and Oceania, comprising 14 nations, has been making significant strides towards net-zero emissions. This journey, marked by policy reforms, governmental initiatives, and a
