September 12, 2018 US utility Arizona Public Service has announced its three new programmes designed to help consumers increase adoption and optimise clean energy resources. The three programmes Cool Rewards, Strong Rewards and Reserve Rewards provide consumers with incentives to adopt advanced technologies that would help improve management of solar energy resources. The programmes help […]
September 7, 2018 Energy Impact Partners has announced that it closed its fundraising efforts with up to $681 million to invest in cutting-edge energy technology companies. The EIP investment capital is comprised of $531 million in capital in its utility-backed Flagship Fund, as well as access to up to $150 million in debt from the […]
August 30, 2018 The results of a new survey have been released revealing consumer sentiment on IoT and connected home technologies. Notably, less than 20% of people surveyed feel like they have a good understanding of what the Internet of Things is, however, nearly 70% of consumers already own at least one IoT device. Nearly half […]
August 29, 2018 Today, we look at how energy management software firm Eliq is helping 200,000 UK metering points to optimise their energy conservation. The UK has 6 million homes on so-called prepayment meters. The phenomenon doesn’t exist in most European countries but is gaining traction in the US and other parts of the world. […]
August 28, 2018 The United States Court of Appeals for the Seventh Circuit has handed down a landmark ruling, stating that data collected by smart meters is protected by the Fourth Amendment. The court pointed out that the smart devices, in fact, collect information for a deeper insight which can be obtained by thermal imagining […]
August 27, 2018 Smart gas metering systems market, a rather lucrative vertical of the overall smart metering industry, has recently been bestowed with unprecedented gains driven by the robust product deployment across a myriad range of sectors, according to Global Market Insights. The research firm anticipates the global demand for gas to surge at an […]
August 17, 2018 The global annual revenue from residential IoT device sales will reach $167.2 billion in 2027, according to a new report conducted by Navigant Research. Paige Leuschner, research analyst with Navigant, said: “IoT is a term that has gained mindshare because of the possibilities it presents around connectivity. “There are more connected devices and […]
August 16, 2018 A new study has been released, Smart Lighting in the US, showing the US demand for smart lighting (lighting sources, fixtures and controls) is forecast to increase to $945 million by year-end 2018. By 2025, demand is expected to reach $4.4 billion, driven by: Rapid growth in the broader smart tech and IoT […]
August 15, 2018 Dominic Carlyle looks into the growth of artificial intelligence (AI) and the part that it can play in putting energy suppliers several steps ahead of the competition and drive down switching volumes. The global energy sector is changing rapidly, and data is the key driver behind this revolution. In the UK, policy […]
August 14, 2018 If you bet your business around natural resources, your costs will invariably go up over time. If you bet on technology, they will go down. A wise product manager once gave me that advice and it’s as applicable today as it was then. The utility and power industry is in the midst […]