The term Internet of Things (IoT) was first coined over 15 years ago to describe the trend of connecting physical objects to the digital world. Today the concept is more relevant than ever as consumers’ use of connected devices from smartphones to fitness trackers and thermostats shape the way we live and work. And our… Keep reading →
Utility customers face a “perfect storm” of sharply higher bills for electricity and natural gas because trillions of dollars in capital expenditure will be needed to upgrade aging US infrastructure and comply with environmental rules, according to the new head of America’s utility regulators’ association.
David Wright, incoming president of the National Association of Regulatory Utility Commissioners, predicted ratepayers will bear the brunt of huge expenditure needs for such improvements as installing smart grid technology, controlling power station emissions, and replacing old pipelines over coming decades. Keep reading →
