Instrument Transformer Market to Hit $12.08 B
The Instrument Transformer Market valued at $7.21 B in 2023 is projected to reach $12.08 B, growing at a CAGR of 5.94 % during the forecast period of 2024-2032.
#grid modernization
Energa-Operator gets $1.9 B for grid modernization
Orlen’s unit Energa-Operator has obtained a PLN 7.5 billion ($1.9 billion) loan to fund the modernization of the power grid.
Shandong Substation Expands Capacity at 500 kV Substation in Zhenjiang, Jiangsu Province
Jiangsu Power Grid Upgrades for Winter Peak Demand
Latvia’s AST secures funds for grid modernization
TSO AST will receive €73.24 million ($79.42 million) to develop the transmission network and prepare for the synchronization of the Baltic states with Europe.
US Department of Energy Invests $1.5 Billion in Grid Modernization
The investment is part of a broader effort to modernize the grid and address challenges posed by rising demand and aging infrastructure.
Biden Administration Invests $7.3 Billion in Rural Clean Energy
“The Inflation Reduction Act makes the largest investment in rural electrification since FDR and the New Deal in the 1930s.” -John Podesta
NREL’s National Transmission Planning Study: Advancing U.S. Grid Modernization
New software is implemented to calculate the power flow sensitivity matrix helping describe line flow changes when load or generation changes.
New cellular router to provide greater grid stability
Hitachi Energy has introduced the TRO610 cellular router that enables grid modernization and advanced smart city applications.