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News: Monday, January 4, 2010
Smart Grid Investment to Total $200 Billion Worldwide by 2015, According to Pike Research
A new report finds that grid automation initiatives will capture 84% of global smart grid investment through 2015, compared to just 14% for advanced metering infrastructure (AMI) and 2% for electric vehicle management systems.
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NV Energy Selects Sensus for Advanced Smart Grid Solution
The utility is expected to deploy as many as 1.3 million electric and
155,000 gas meters throughout the utility's 54,500 square mile service territory beginning in 2010. The deployment is conditional on negotiation of a definitive agreement with NV Energy as well as
receipt of all requisite contract and regulatory approvals.
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Venture Capital Investment in Green Technologies Approaches $5 Billion in 2009
Consistent with the last four years, solar power was once again the leading investment segment at more than $1.4 billion in 84 deals followed by biofuels at $976 million in 44 rounds. As forecast by GTM Research, investment in smart grid, energy storage and automotive is gaining momentum along with overlooked sectors such as wind, water and lighting.
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Report Outlines Top Ten Global Energy Trends in 2010
According to the report from Global Markets Direct, global electricity generation is expected to continue to increase in the years to come. In 2008, 19.53 Trillion KWh of electricity was generated. Worldwide electricity generation is expected to increase to 20.26 Trillion KWh in 2009 and further to 21.0 Trillion KWh in 2010. The growth in the electricity generation can be attributed to increase in the population and economic growth in the emerging economies and a corresponding increase in the usage of electricity for residential, commercial as well as industrial purposes.
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Telvent SCADA System Selected by the U.S. Department of Homeland Security to Participate in Testing and Integration Project
The DHS' Multi-Vendor Assessment (MVA) project project includes operating a simulated pipeline to accurately model and explore numerous real-world processes that occur within critical infrastructure. The findings from this assessment are intended to accurately depict the interdependencies of industrial control systems components and processes, enabling DHS to identify and recommend more secure implementation strategies.
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Collaboration or Failure? The Case for a Strategic Approach to Energy Management
A National Press Club Newsmakers Panel Discussion scheduled for tomorrow (Tues., Jan. 5) in Washington will look at the need to move away from a narrow focus on energy reduction and begin to build an energy efficiency culture. Leaders from the U.S. Department of Energy, University of Pittsburgh, Bayer Material Science, and Eaton Corporation are slated to participate.
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Battelle-R&D Magazine Report Shows Emerging Economies Drive Global Research and Development Growth
In the area of energy and the environment, the report finds that significant investments in R&D put the U.S. in
the lead on technologies involving carbon sequestration, smart grid, and
clean coal/zero emission technologies -- positions that are expected to
hold during the next five years.
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