Power Ledger in partnership with Japanese utility, KEPCO, trialed a blockchain-enabled demonstration of P2P transaction for post-FIT surplus power in Osaka, proving the accuracy and consumer acceptance of Power Ledger’s leading-edge technology in Japan in addition to Australia. The trial proved P2P surplus power transaction to be completed autonomously and automatically including settlements with cryp ...

ENERGY is ubiquitous - the largely unseen force powering individuals, businesses and economies in myriad ways. Digital technologies too, are now deeply embedded in everyday life. Where the two meet is also where the most exciting possibilities for today's global power sector arise. Singapore - given its push to be a Smart Nation powered by digital innovation - is well placed to realise these possibilities, ...

We have just over a decade to contain climate warming to below 1.5°C. Any feasible economic path to achieving that goal requires us to obtain nearly all of our energy—85 per cent by 2050—from renewable sources. It is technically possible to exit fossil fuels, if we are able to muster the political will to do so. We currently do not use all the technologies available to their full potential and only satisfy ...

Major trader Mitsui & Co. officially announced Saturday that it and government-linked Japan Oil, Gas and Metals National Corp. (JOGMEC) will jointly invest in a planned Russian-led liquefied natural gas project in the Arctic Ocean along the Russian coast. Tokyo has voiced its expectation for Mitsui’s participation in the large-scale project, calling it a centerpiece of the country’s economic cooperation ...

A new partnership has been formed to integrate smart metering and analytics to address the energy industry’s next generation use cases in the Asia Pacific. Artificial intelligence-enabled energy analytics firm Grid4C is combining its solutions with Landis+Gyr’s smart meters to deliver predictive insights at the grid edge with real-time decisions. The integration removes the need to incorporate a meter data ...

Research firm Technavio forecast the global market for smart grid communications will record a 12% growth between 2019 and 2023. Revenue generation is expected to reach $1.67 billion by 2023 whilst year on year rate growth for 2019 is estimated at 10.67%. An increase in the adoption of smart meters is expected to be the key market driver. Utilities' first step towards the deployment of smart grids is the ro ...

Already mentioned in the “Made in China 2020” Government plan, hydrogen is part of China’s strategy to become less dependent on other nations for energy. The first focus, however, was on electrification; although there have been some obstacles along the way, one can safely say that China has been pretty successful in promoting electric vehicles. Government Work Report Someone in the Plan Bureau must have ha ...

SHANGHAI, China … Power management company Eaton today announced it will introduce technologies from its eMobility business in China to help automakers meet increased demand for electric vehicles (EVs) in the market. The announcement was made at the Shanghai International Automobile Industry Exhibition. More than 60 percent of the world’s EVs are sold in China, and sales in the region are expected to increa ...

Spending on smart city initiatives in Asia/Pacific excluding Japan (APEJ) will reach $35.4bn by 2022, a 16.8 per cent increase over the 2018 forecast, according to IDC. The analyst’s Worldwide Semiannual Smart Cities Spending Guide reports that the combined spending from smart cities programmes from Singapore, Beijing, Shanghai, and Seoul are expected to hit over $4bn this year. China will account ...

How ASEAN’s power industry is shaping up in the digital economy Technology is fast becoming the bedrock of any energy and power-related goals in ASEAN. Catalysed by ambitious goals, such as expanding the region’s renewable energy to 23% by 2025, the power and energy industry is ripe for disruption. However, as cities drive their manufacturing sectors towards Industry 4.0 and ready themselves for smart and s ...