Tools that offer effective communications between utilities and their customers have opened up a broad range of new business opportunities, especially in the field of data analytics. There has been no shortage of commentary on the importance of understanding the reams of data now available to utilities from “smart” technologies if that data is to… Keep reading →
A couple of firsts, and one sloppy second… Some citizens of Sub-Saharan African countries may get access to reliable electricity for the first time. President Obama has announced plans to invest $7 bln over five years to expand access to electricity in Ethiopia, Ghana, Kenya, Liberia, Nigeria and Tanzania, mostly as loans to buy US… Keep reading →
The ongoing boom in energy and industry infrastructure around the world, and the high price tags of many of these projects, have created a niche for entities like Siemens Financial Services, which can serve as a specialized financial intermediary for getting projects funded and built. Siemens Financial Services is the finance arm of technology and… Keep reading →
June 1 marked the start of hurricane season, meaning that utilities and customers in vulnerable areas should be gearing up to manage power outages. Ways of improving the reliability of power generation include providing the utility with more information in less time, and creating generation systems that can operate totally independently of the grid. Updating… Keep reading →
The US wind power industry had a banner year in 2012, as developers raced to bring on projects before the federal production tax credit was set to expire at the end of the year. The frantic rush to take advantage of the tax incentive resulted in some impressive statistics highlighted in the American Wind Energy Association’s U.S. Wind Industry Annual Market Report for 2012, released Thursday.
Breaking Energy recently sat down with AWEA’s vice president of public affairs Peter Kelley ahead of the launch to gain some insight into what made 2012 so important and what to expect from the industry going forward. Keep reading →
The mobile internet revolution has been driven by customers rather than companies, with the most innovative work being done for consumers who often then turn around to companies and ask why they can’t use the same tools at work.
Now – thanks to Google and GE – they can. The two companies have launched a partnership for the utility business that leverages the combination of Google’s customer-facing approach with its ease of use and intuitive maps functions with the deep sector knowledge of GE. Customers accessing GE’s information on energy assets can now load that data on top of Google’s maps functions rather than requiring separate custom-built technology with accompanying training hurdles and potential bugs or mismatches. Keep reading →
Utilities are using only one fifth of the data they collect and create in analysis that can create efficiencies and improve performance, GE says, and the industrial giant is turning up its information technology efforts to help those companies better see and optimize their surging data agglomeration.
The new Grid IQ Insight analytics platform that GE is launching at this week’s high-profile DistribuTECH conference is part of the larger company’s focus on the “industrial internet,” a wave of monitored and intelligent infrastructure that can wring $150 billion of unrealized efficiencies out of the economy, Grid IQ insight product line leader Giri Iyer told Breaking Energy in a recent interview. Keep reading →
They took it right to the edge, but the US wind energy business managed to rescue the production tax credit around which many of their projects and manufacturing investments are structured. In the process Capitol Hill supporters of the sector rescued a claimed 37,000 jobs and the supply chain for a rapidly expanding form of power generation.
The effort to rescue the wind energy PTC and the also-extended investment tax credit (ITC) was not directly linked to the fiscal cliff debate, but became intertwined with the calendar-driven effort to prevent earlier tax cuts and credits from expiring without any replacement policy in place. The inclusion of the wind energy PTC, which was thought to be sufficiently likely to expire that companies spent significant sums as they rushed to turn on wind farms before the end of 2012, speaks to the expanded power of the wind industry groups in Washington, DC and the increased centrality of the wind energy business to major infrastructure and engineering firms with substantial US manufacturing operations including GE Energy, Siemens and Vestas. Keep reading →
A Vietnamese employee of GE’s newly built turbine generator factory walks in front of wind turbine components inside an assembly line in the northern coastal city of Hai Phong on October 15, 2010.
GE last month celebrated its 20,000th wind turbine installation, a gargantuan achievement given the US power generation giant only stepped into the sector in 2002 when it purchased the wind power assets from recently bankrupted Enron. Keep reading →
Some US utilities could have weathered Hurricane Sandy better than they did if they had invested in smart grid improvements such as smart-metering, outage management, and distribution management systems, a senior GE official said.
John McDonald, Director of Technical Strategy and Policy Development for GE Digital Energy, said utilities that have not yet installed the technology would have known about outages more quickly, been able to swiftly identify their locations, and been able to assign repair crews more efficiently if they had the enhancements in place. Keep reading →