Siemens Ups its Blockchain Ante with New Investment in LO3 Energy

blockchain

Siemens sent a clear signal that it sees promise in LO3 Energy's blockchain distributed energy ledger with an increase in its stake in the emerging technology. The global technology giant recently closed out LO3 Energy's Series A venture capital funding round. "Siemens' investment in LO3 represents our acknowledgement of the future potential … [Read more...]

Siemens and AES Jump into Energy Storage with Fluence. Big Waves Ahead?

Siemens and AES

Siemens and AES made official today their potentially formidable partnership, a company called Fluence that will reach into 160 countries to capture the growing energy storage market. First announced in July, the 50-50 venture has since completed necessary regulatory approvals to go into full operation. Bringing together the resources of … [Read more...]

How 2017 Made the Argument for Microgrids

microgrids

Sometimes events make an argument more strongly than words can. Such was the case in 2017 when disaster after disaster spoke to the vulnerability of the electric grid and the need for microgrids to ensure power supply. First came Hurricane Harvey in late August with wind and water knocking out 10,000 MW of generating capacity in Texas. Then on … [Read more...]

Most Read Microgrid Knowledge Stories of 2017 and the Companies Featured

Microgrid Knowledge stories

As we compiled this year's list of most-read Microgrid Knowledge stories, we were intrigued to see what captured -- and kept capturing -- our readers' attention. Storms, wildfires, innovations, blockchain, energy storage, solar and the city of Pittsburgh were among the winning topics. Companies in the top 10 articles include ABB, Consolidated … [Read more...]

The Intelligent Microgrid and the Value of Software

intelligent microgrid

At the Microgrid 2017 conference, Michael Carlson, president, Siemens Digital Grid NA, defines an intelligent microgrid and discusses the role of software in boosting the value of microgrids and providing services to the grid. He also describes two Siemens microgrid projects. One of the things that sets microgrids apart is that they have an … [Read more...]

New GTM Report Forecasts $12.5B Microgrid Investment within US by 2022

microgrid investment

A report released today by GTM Research forecasts $12.5 billion in microgrid investment within the United States over the next six years. “U.S. Microgrids 2017: Market Drivers, Analysis and Forecast” identifies 3.2 GW of existing microgrid capacity growing to 6.5 GW by 2022, a 14.1 percent compound annual growth rate. The report shows a … [Read more...]

Siemens Launches First Zero-Emission, Trolley-Style Electric Highway in the US

electric highway demonstration

With its zero-emission electric highway demonstration — the first of its kind in the US — Siemens aims to reduce the smog-creating emissions from heavy-duty trucks in southern California, the area's number one source of air pollution. The project creates a one-mile, trolley-style highway for heavy-duty trucks in Carson, near the ports of Long … [Read more...]

Siemens EnergyIP Used to Begin Smart Meter Operation in NY

Siemens will not only be expanding its meter data management partnership with Entergy, but the company also revealed it played a role in Consolidated Edison's new smart meter operation in New York. The OMNETRIC Group — a Siemens and Accenture technology services company — assisted the utility in  launching a smart meter operation in the Empire … [Read more...]

Siemens to Help Educate the Next Generation in Microgrid Technology

microgrid technology

Siemens today announced an education program to train the next generation in microgrid technology at a new nanogrid lab at Santa Fe Community College in New Mexico. The global technology giant announced the program at Microgrid 2017, a gathering of more than 400 energy insiders and their customers. The college is partnering with Siemens … [Read more...]

Siemens Building an 80-MW Microgrid Network in the Brazilian Amazon

microgrid network

Bringing reliable, secure and affordable electricity to the remote Amazon Basin is probably one of the most difficult obstacles to meeting the UN Sustainable Development Goal of universal electricity access by 2030. But that's exactly what Siemens Brazil hopes to do by way of a microgrid network. With the support from Brazilian utility Centrais … [Read more...]