A four-year $490 million Government trial of the use of smart technologies in the energy sector has found the country could reap $28 billion in net economic benefits over the next 20 years if the devices were rolled out nationally. A report released yesterday by Industry Minister Ian Macfarlane – written by four local consultancy firms – analysed the results of the Smart Grid, Smart City project and found the use of such technologies could result in consumers paying hundreds of dollars less a year through reduced energy usage.
Silver Spring Networks, Inc. (NYSE:SSNI), a leading networking platform and solutions provider for smart energy networks, today announced that Singapore Power Group (SP) has successfully begun delivering deregulated energy services to commercial and industrial (C&I) customers in Singapore. As part of the Singapore Energy Market Authority’s retail contestability program, SP is leveraging a countrywide IPv6 smart infrastructure networking platform from Silver Spring to allow eligible C&I customers in Singapore to now choose from a variety of retail energy providers and purchase electricity at wholesale market prices.
Several of the most heavily populated countries in the Asia Pacific region, including China, India, Indonesia, and Malaysia, are experiencing unprecedented rates of rural electrification. Meeting the increased demand for both power and grid services across the region will require innovative approaches, including microgrids that are capable of operating in isolation from (or in the absence of) the wider power grid. Click to tweet: According to a new report from Navigant Research, the microgrid market in Asia Pacific will grow from $778 million in 2014 to nearly $5.8 billion in 2023.
Today’s Big Data revolution has given governments and the industry the opportunity to tap the potential of their most important resource – their data. However, despite its substantial benefits, Keith Murray, Vice President for IT Business at Schneider Electric, says its impact on the environment should compel users and the industry to look for more effective ways to sustainably consume energy. Speaking to over 200 senior IT decision makers from the Singapore Government at the 11th Annual FutureGov Forum Singapore, Murray highlighted the importance of taking progressive steps to promote efficient energy consumption in data centre facilities.
Taiwan-based battery module makers are looking to enter the supply chain of China’s telecom carriers for backup battery orders for their 4G base stations. However, since the China government is trying to nurture local lithium battery players, Taiwan makers have little chance of landing related orders.
Prices of liquefied natural gas (LNG) for March delivery to Asia gained 3.2% from February, averaging a record high $19.419 per million British thermal units (/MMBtu), as limited availability and competitive buying pressures supported prices, the latest Platts Japan/Korea Marker (JKM) for month-ahead delivery showed. The monthly average Platts JKM for delivery in March 2014 was assessed from January 16 to February 15.
(Thaketa) Co. Ltd (“MAXPOWER”), a Myanmar power generating subsidiary of the Navigat Group, today executed a Power Purchase Agreement (“PPA”) in relation to the construction and operation of a fifty (50) MW gas-fired power plant located within the Thaketa district of Yangon, Myanmar’s largest city. The plant will utilise the efficient and advanced technology of sixteen (16) GE’s (General Electric) Jenbacher gas engines. MAXPOWER‘s has invested US$35MM in the plant which is now fully operational.
APR Energy, a global leader in fast-track power solutions, today announces the signing of a large-scale, turnkey power contract in Myanmar. The facility will provide the Myanmar Electric Power Enterprise (MEPE) with a guaranteed minimum of 82 megawatts (MW) of power generation, with plant capacity to deliver up to 100MW. Based in Kyaukse, in the Mandalay Region, and fueled by natural gas, the APR Energy solution will be one of the largest thermal plants in the country and will provide power to more than six million people. The APR Energy contract is the first power generation agreement signed by a US-based company with the government of Myanmar since the lifting of sanctions in 2013.
Microturbines systems provide standby power to several industries during power outages and also provide backup to power grids, thereby acting as a supplementary power source. Growing energy demand, increased grid instability and rising awareness to curb energy demand during peak hours is expected to drive market growth over the coming years. Impending stringent environmental regulations and growing demand for clean and green energy generation are further fuelling market growth. Microturbine systems find growing applications in the off grid areas owing to their portability. Increasing electricity consumption in off grid areas of Asia Pacific and Africa is likely to create new opportunities for the market.
This IDC update refreshes the document Asia/Pacific (Excluding Japan) Availability and Clustering Software Market Update (IDC #AP2670313U), which was published in August 2012, as well as updates to the forecast data. In 2012, the availability and clustering software in Asia/Pacific (excluding Japan), or APEJ, market grew at 3.8%, less than half the rate it did between 2010 and 2011, to reach a total value of US$97.96 million. The top 3 markets by size for this category of software are Australia (US$23.06 million), China (US$17.45 million), and India (US$16.79 million). The top 3 growth country markets in 2012 were Taiwan (12.1%), New Zealand (10.2%), and The Philippines (7.3%).
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