New grid technology ‘could save consumers £1bn a year’

A prototype of a new grid technology which is expected to save energy consumers £1 billion a year has been launched. Faraday Grid claims its Faraday Exchanger has the potential to allow electricity grids to integrate much higher levels of renewable energy at no additional cost. It adds the savings could be made by replacing […]

US awards $50m for resilient and secure power grid

The US Government is providing up to $50 million (£37.8m) to improve the resilience of the nation’s electric grid and oil and gas infrastructure. The funding will support early stage research and development of next-generation tools and technologies. The Department of Energy aims to address a variety of challenges and opportunities such as severe weather […]

Mongolia secures $54m for power grid upgrades

A new project to improve the reliability and sustainability of electricity services in Mongolia has been approved. The World Bank’s Second Energy Sector Project will provide $54.4 million (£42.5m) to address bottlenecks in the Central Asian nation’s power grid by upgrading ageing assets and expanding distribution capacity. Obsolete and inefficient distribution networks have led to significant distribution losses of […]

Ofgem: Decarbonising heat is biggest policy challenge

  Decarbonising the heat sector is one of the biggest policy challenges in the coming years. That’s according to Martin Crouch, Senior Partner at Ofgem, who believes the UK’s transition towards a smarter energy system must be done in a way that takes into account decarbonisation as well as adds value to consumers. He spoke […]

Majority of Americans ‘concerned about power grid cyber attacks’

More than 60% of Americans believe the nation’s power transmission grid is vulnerable to either cyber or physical attacks from foreign enemies. That’s according to a new poll, which also reveals less than 9% of people believe the US Government is doing everything to protect the grid from a potential attack. It adds nearly 64% […]

Renewables ‘could decarbonise and hit demand at same time’

Wind and solar can now provide power at or below the cost of traditional sources in a growing number of countries. That’s according to a new report from the International Energy Agency (IEA), which says this makes renewables more appealing for countries seeking to meet growing electricity demand and decarbonise their energy system at the same time. However, since variable renewable […]

‘Smart data could help balance renewables on grid’

The key to driving the green energy transition is through using smart data to map electrical flows on the grid. That’s according to scientists from the Centre for Solar Energy and Hydrogen Research (ZSW) in Germany, who are looking to use ‘intelligent algorithms’ to more accurately forecast supply from renewables and demand from consumers. Renewables feature prominently in Germany’s power […]

$15m to protect US power grid from cyber attacks

The US Department of Energy is to provide up to $15 million (£11.3m) to strengthen and protect the nation’s electricity grid from cyber and physical attacks. The funding will be used by the American Public Power Association and the National Rural Electric Co-operative Association to develop security tools, educational resources and training on common strategies […]

Bosnia receives €8.5m for power grid upgrades

Bosnia and Herzegovina (BiH) is receiving up to €8.5 million (£6.6m) to support critical upgrades for sustainable and efficient operation of its electricity transmission grid. The financing will be used to replace and upgrade the outdated energy management system, introduce new IT systems and build necessary infrastructure. The project is expected to help reduce both […]

US awards $11m to boost grid efficiency

Funding worth $11 million (£7.7m) has been awarded to boost the efficiency of the US electric grid. The seven “transformational” projects aim to develop realistic, open-access models to improve the power grid. According to the Department of Energy (DOE), researchers have developed new algorithms to develop software and solve how power can transmitted and distributed […]