Siemens Industry, Inc., the U.S. affiliate of Siemens (Munich, Germany), an electrical engineering company, announced on Monday a new line of electrical vehicle (EV) charging stations designed for home and business owners.
Intended to be part of a smart home environment, Siemens VersiCharge charging stations are Level 2, meaning it can recharge an electric vehicle in two to six hours, and uses 240 volts of power. According to Siemens, there are two models, the VersiCharge and VersiCharge SG.
As the demand for oil and gas rises, resources for on land drilling are depleting. As a result, many oil and gas companies have moved to offshore drilling fields, and with that move comes its own set of problems, including enormous hydrostatic pressure and the costly and dangerous recovering of oil and gas from the bottom of the ocean to land.
IDC Energy Insights (Framingham, Mass., U.S.A.), a market research firm, announced on Tuesday a new report analysis of the security initiatives among North American utility companies. According to the report, of the 150 U.S. utility companies surveyed, 75% deemed security investments to be of the highest importance, while 38% depicted security to be one of the top IT initiatives this year.
General Electric (Fairfield, Conn.) is looking for acquisitions in smart grid technology according to Keith Redfearn, the EMEA & India regional general manager for GE Energy.
In January, GE acquired Remote Energy Monitoring, Ltd., a smart metering technology company that operations in the United Kingdom and Australia. In May, GE announced its plans to acquire FMC-Tech (Houston Texas), a provider of real-time power line monitoring for power grid technology. The acquisition is expected to be completed this month.
In a report conducted by research firm Technavio, it is forecasted that the Chinese electric vehicle (EV) charging station market will grow at a Compound Annual Growth Rate (CAGR) of 86% from 2010 to 2014.
According to Technavio, the EV Charging Station market reached $321 million in 2010 and is expected to grow to $1.2 billion in 2011 due to the huge investment being made to develop the infrastructure required by electric vehicles.
Johnson Controls (Milwaukee, Wis.), a company delivering energy efficiency in buildings, has completed the previously announced acquisition of EnergyConnect Group, Inc., a provider of smart grid demand response services and technologies. The acquisition was completed on July, 1, 2011.
According to a Johnson Controls spokesperson, the acquisition of EnergyConnect was report at $32.3 million dollars.
According to a report by Pike Research, a market research and consulting firm, energy markets in the Asia Pacific region are experiencing a period of significant growth and development, with a forecasted smart grid market growth of $16.9 billion in the next six years.
Last week Google Inc. (Mountain View, Calif.) decided to discontinue its smart grid project due to lack of users. Google PowerMeter, a free energy monitoring tool, was launched by Google in 2009 by its philanthropic arm, Google.org.
On the Google PowerMeter website, all existing users are asked to export their data by September 16, 2011.
The smart grid project allowed customers to view their home’s energy consumption from an online service center. According to Google, having access to smart meter information helps consumers reduce their energy use by up to 15%.
2011 IEEE International Conference on Smart Grid and Clean Energy Technologies (IEEE ICSGCE 2011) will be held in September 27-30, 2011 in Chengdu, China. IEEE ICSGCE 2011 is sponsored by the Institute of Electrical and Electronic Engineers (IEEE), Journal of Electronic Science and Technology (JEST - International) and University of Electronic Science and Technology of China (UESTC).
The second European conference and exhibition on Innovative Smart Grid Technologies (ISGT-EUROPE 2011), sponsored by the IEEE Power & Energy Society (PES) and hosted by the School of Electrical and Electronic Engineering of The University of Manchester, will be held December 5 – 7, 2011 at Manchester Central Complex in Manchester, United Kingdom.