‘A new kind of energy firm’ gets much needed pre-seed funding

‘A new kind of energy provider’ has announced the close of its $1.5 million pre-seed funding round.
electric grid

New partnership to revolutionise the grid through blockchain

The companies will work together to securely track, trace, and trade energy using blockchain technologies to optimise the electric grid.
blockchain applications

Ignore blockchain at your peril, but don’t drive blindly

Almost 75% of senior executives view blockchain as a strategic priority for their organisations in 2020 and beyond whilst 1% say the tech is not relevant.
grid digital twin

Washington utility creates digital twin of electricity network

This week, IQGeo said that it is helping Peninsula Light, a small electric coop in Washington state, to create a digital twin of its electric network, which will include a new mobile meter deployment capability.

Annual global home automation and security market to hit $72 billion

Navigant forecasts a 6.3% increase in annual revenue generation within the global market for home automation and security market between 2019 and 2028.

DEWA sets another world record in utility sector

DEWA has set a new world record by reducing energy transmission and distribution losses in its network to 3.2%.

Investment Fund to pour €5 billion in transport, energy and digital...

The Three Seas Investment Fund in Europe has announced plans to invest up to €5 billion in energy, transport and digital infrastructure projects.
Georgia Utilities

Tajikistan wins $134m World Bank support for Power Utility Financial Recovery...

The World Bank has agreed to provide the government of Tajikistan with a $134 million grant to fund its Power Utility Financial Recovery Project.

Using building data to make informed customer operation decisions

IoT is forcing utilities to adapt to the increasing digitisation of the industry, especially in the world of increased customer choice

Turkish utility pockets $325m World Bank fund for renewables integration

Turkey has secured €289.5 million ($325 million) in funding from the World Bank to implement its Renewable Energy Integration Project

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