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Softbanks vision for an Asia Super Grid

In the wake of Japan’s Fukushima nuclear disaster in 2011, one of the country’s richest people – Masayoshi Son – mooted an idea to build an “Asia Super Grid” to improve access to renewable energy on the continent.  The CEO of SoftBank set up the Renewables Energy Institute (REI) to promote this vision and rally support from governments. Stakeholders did not take the idea seriously at first. According t ...

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APAC To Be Largest Market For Energy Storage Software Platforms..$10.7 Billion!

According to a new report from Navigant Research, Asia Pacific is anticipated to be the largest regional market for energy storage software platforms. Driven by a rapidly growing battery ESS (BESS) market, the region is expected to account for $10.7 billion in cumulative software vendor revenue through 2028. As the energy storage market matures, technological progress and legislative and regulator ...

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Power Ledger & KEPCO bring P2P Energy Trading to Japan

 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 ...

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Singapore well-positioned to build a sustainable, smart-energy future

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, ...

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Can Blockchain Speed Up Asia’s Energy Transition?

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 ...

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Mitsui join LNG Project in Artic Ocean off Russia

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 ...

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Landis + Gyr Partner With Grid4C to Integrate Smart Metering Analytics

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 ...

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Smart Grid Communications to Generate $1.67 Billion!

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 ...

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China Revamps Hydrogen Strategy

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 ...

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Eaton’s EV Technology for China

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 ...

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