Canadian Electrical Industry News Week

Sept 27, 2019

EIN Smart Grid 400As data becomes central to new business models in the energy utility sector, the global grid analyticsmarket is expected to accelerate from $1.15 billion in 2018 to $2.31 billion in 2025, at a compound annual growth rate (CAGR) of 10.4%. Energy utilities are generating massive volumes of data from smart meters, intelligent energy devices, and multi-sensing units but only 2% to 4% of data from the system is actually leveraged for analytics. This data, combined with a sophisticated analytics platform, can deliver valuable insights for utilities that can lead to improved customer service and operational metrics.

"The market will gradually switch to predictive and prescriptive analytics, especially as networks with low latency capabilities, such as 5G, are employed to minimize reaction times," said Farah Saeed, Research Director, Energy & Environment at Frost & Sullivan. "Predictive and prescriptive analytics will incorporate statistical models that flag areas of inefficiency, evaluate and predict events in a timely manner, and eventually include Artificial Intelligence (AI) to deliver a holistic decision-making tool."

Frost & Sullivan's recent analysis, Global Smart Grid Analytics Market, Forecast to 2025, provides an in-depth analysis of key applications and opportunities in the market. This study segments data analytics into three main areas of the grid network: transmission and distribution (T&D) network, metering, and customer analytics. It covers the regions of North America, Europe, Asia-Pacific, and Rest of the World.

"North America is currently the largest market for grid analytics but Asia is expected to register the fastest CAGR of 13.3% between 2018 and 2025. The emphasis is on improving energy access and minimizing financial losses including non-technical losses. India and China, in particular, have been leading the way when it comes to utility-scale renewable energy (RE) sources. " noted Saeed. "Meanwhile, Australia and Singapore are looking to minimize power interruption by integrating geographic information system data analytics and forecast events, and Japan would be an ideal market for customer analytics as it is attempting to achieve 100% smart meter penetration by 2024."

In the future, the areas with the greatest growth opportunities will include:

  • Service outcome-based business models instead of just power generation and transmission.
  • Internet of Things (IoT) devices and sensors that track and transmit data from and to the grid. IoT infrastructure spending by utilities is forecast to reach more than $2 billion by 2024, growing at a CAGR of 20.5%.
  • RE and electric vehicles. Utilities in Europe and North America are beginning to leverage these resources as baseload and back-up capacity.
  • Initiatives to strengthen the grid to minimize outage times, streamline billing operations, provide real-time energy information, and deliver new and relevant services.

Go HERE for more information

 The Evolution Series. Poke-Thru Devices, Floor, Wall and Ceiling Boxes 

Legrand Wiremold EvoFrom poke-thru devices to floor, wall and ceiling boxes, the Evolution Series has continued to increase device efficiency and reliability while providing durability and quality. Customizing your space and maximizing access to all the power, A/V and communications you could ever need. Evolution Series boxes bring power, communications and A/V to walls, floors and ceilings. Evolution adds flexibility, functionality and stylish good looks to every room you create when planning office buildings, airports, schools and hospitals.

 

 

Watch the video Here

 

Alta EnergyAlta Energy has completed the installation of solar power systems at 14 campuses across California’s Poway Unified School District (PUSD). Alta Energy installed a total of 632 kilowatts (kW) on 65 of PUSD’s standard 24 by 40 feet relocatable, portable classrooms. Financed through a power purchase agreement (PPA) with no out-of-pocket costs to the district, the project reduces PUSD’s electricity expenses by nearly 15 percent and will save the district $250,000 per year.

 

 

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Klein Tools Slim-Tip ScrewdriversKlein Tools introduces a new line of Interchangeable Insulated Screwdrivers to give professionals greater accessibility with their insulated tools. Twist and flip or switch the blades for a convenient way to change between the most common screwdriver sizes used in electrical applications.

All screwdriver sets include:

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Greenlee Versi-Tugger Handheld PullerEmerson announced the addition of a handheld puller to its Greenlee pulling lineup – the new G1 Versi-Tugger. The versatile and portable G1 is designed for pulls normally done by hand and can pull up to 68-percent faster when compared to manual pulling.

“We engineered and built G1 based on honest feedback from professionals,” said Adele Hendrix, product manager for Greenlee, Emerson. “We learned being fast wasn’t only about pull speed. From setup and pulling to unspooling the line after – the entire process should be quicker than pulling by hand. Our design delivers that speed.”

 

 

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Paul HannaniaBy Blake Marchand

Held from November 7th to 9th in Orlando, Florida, the Ideal National Championships gives electricians a chance to display their skills in a high-level competition. For the first time, the event expanded internationally — over 55,000 electricians from 5 countries attempted to qualify for a chance to compete in the championship event.

For the second consecutive year, Paul Hannania was among the 162 professionals and apprentices to compete in the National competition. 

 

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