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Energy Management Systems

ION Energy raises $3.6 million in latest funding round

The battery management solution provider will use the funds to grow its team, invest in product development, and expand the software business in North America and Europe. 

Flagging off the energy transition decade 

With the draft National Electricity Policy (NEP) 2021, India is providing the right policy direction for this decade of the energy transition. Yet, there is room for further improvement. 

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Electricity derivatives will offer power offtake certainty for renewable investors

An Institute for Energy Economics and Financial Analysis (IEEFA) report says the sale of power in the futures market will benefit renewable energy developers and distribution companies alike.

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Siemens sees big opportunity in India for its electric mobility solutions

The company expects the first phase of growth in the Indian electric vehicle market coming from commercial vehicles. It has been quick to capitalize on the opportunity by partnering with Switch Mobility, the electric vehicle arm of commercial vehicle major Ashok Leyland.

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Hitachi ABB Power Grids to switch to 100% fossil-free electricity by year end

The company is working on electrified, reliable, and decarbonized operations and products to get closer toward a carbon-neutral future.

Implementing time-of-use tariff for peak load management

Time-of-use (ToU) tariff can be applied to encourage domestic and industrial consumers to shift their electricity usage to non-peak hours, thereby reducing the system’s load during peak periods. A new study examines the feasibility of the ToU tariff policy in the state of Gujarat. It also suggests a framework and effective roadmap for the utilities to understand the procedure and required infrastructure to implement ToU. 

Tata Power and Social Alpha invest in energy analytics startup ‘Urja’ 

The startup has developed an industrial Internet of Things-enabled sensor and analytics solution that allows manufacturing and power industries to track device-level energy wastage in real time. 

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PV can cover almost half of typical office buildings’ electricity demand

Scientists in Germany have estimated that roof and facade PV systems can cover almost 40% of the total requirements of a standard office building, assuming that no battery storage is installed.

Debunking feeder segregation

Feeder segregation, i.e., the installation of dedicated electricity supply lines for agriculture, is often celebrated as the solution to the electricity utilities’ pain point of free or highly subsidized electricity supply for agriculture. But does it address the root cause of the issue?

32% growth in electricity subsidies shows that public DISCOMs need reforms

A new report looks at the rising dependence of India’s DISCOMs on electricity subsidies, despite concerted bailout efforts by the central government. It assesses various states’ performance in reining in DISCOMs’ financial losses and enhancing their overall efficiency over the last five years. Building on these findings, the study suggests reforms in the distribution and design of subsidies to increase power companies’ revenues as consumption surges.

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