The African Utility Week and POWERGEN Africa session on key considerations in smart grid and metering communication took place on Friday 15 May.
Enel, Mastercard and the Israel Innovation Authority to advance innovations in financial technology and cybersecurity for the payments and energy sectors.
On the first of May, US President Trump declared a national emergency related to the cybersecurity of the country's bulk power system. He then gave the Secretary of Energy until 28 September 2020 to essentially come up with a set of rules pertaining to which equipment — from which countries — would be allowed on the bulk power system
Jim Cunningham, Director of Protect our Power said they could model it after a protocol already in place - the onus of responsibility for a secure product lies with the supplier.
Policy & Regulation
President Trump signed an executive order prohibiting bulk power system equipment from foreign companies to avoid putting the grid at risk
The NERC noted that it and the FERC had already taken steps in recognition of the “critical importance of the reliability of the nation’s energy sector and the steps that registered entities are taking to maintain the health and safety of their workforce and communities.”
Finance & Investment
ADB Ventures has raised $50 million from development partners, exceeding its fund close target.
Portuguese energy company Energias de Portugal (EDP) has been the victim of a RagnarLocker cyberattack.
There will be more than 26 smart cities by 2025 and a network of 200 billion devices globally of which each human will have 20 connected devices by 2030
Networked Energy Services Corporation (NES), a global smart grid solution provider with the industry’s leading Patagonia Energy Applications Platform (EAPTM), has been selected for the Silicon Valley 2020 Best Smart Energy Software Company Award by the San Jose Award Program.