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Latest Northeast Group LLC Stories

2014-09-08 04:20:33

WASHINGTON, Sept. 8, 2014 /PRNewswire/ -- Eurasian countries will invest $18.3 billion in electric grid modernization - or 'smart grid' - over the next decade. The region has strong drivers for smart grid investment, a number of experienced vendors and significant funding available from multilateral lending organizations. Near-term growth will be focused in Central Asian countries currently battling high electricity losses. Larger countries such as Russia are expected to develop in...

2014-08-04 12:23:05

WASHINGTON, Aug. 4, 2014 /PRNewswire/ -- Over the next decade, the world will need to invest between $140.2bn to $170.5bn per year on traditional transmission and distribution (T&D) infrastructure in order to keep pace with growth in electricity demand. An additional $8.0bn to $27.3bn will be invested annually in smart grid infrastructure to improve the efficiency and reliability of T&D grids, according to a new dataset published today by Northeast Group, LLC. "The...

2014-07-16 12:21:41

WASHINGTON, July 16, 2014 /PRNewswire/ -- Electric vehicle (EV) sales have roughly doubled every year for the past three years in the United States. Electric utilities are beginning to do their part to enable EV growth by offering new tariff and rate structures tailored specifically for EV owners. There are currently 25 utilities across 14 states offering EV tariffs, including 8 of the largest 15 utilities. Regulators are also taking action and Minnesota recently became the first...

2014-06-24 08:23:04

WASHINGTON, June 24, 2014 /PRNewswire/ -- Middle East and North African (MENA) countries will spend billions of dollars over the next decade to modernize their electric grids and add solar generation resources. This spending will include $9.8 billion cumulatively for smart grid infrastructure by 2024. Smart grid will enable the incorporation of $27.9 billion in new solar resources. MENA countries can save between $1 billion to $3.5 billion per year by redirecting domestic energy...

2014-05-07 08:23:11

WASHINGTON, May 7, 2014 /PRNewswire/ -- Sub-Saharan Africa's electricity metering market will see the fastest growth of any region in the world over the next decade. The total market will reach 63.3 million electricity meters and its value will grow 234% to $9.9 billion cumulatively by 2024. African countries' high GDP growth rates, ambitious electrification programs and progressive deployments of prepaid metering will drive the market, according to a new study published today by...

2014-04-07 04:20:50

WASHINGTON, April 7, 2014 /PRNewswire/ -- Electric utilities in the US are expanding their use of social media and mobile applications to improve smart grid benefits and better engage with their customers. Of the 50 largest utilities, 49 currently have active Twitter accounts, all have Facebook accounts and 15 have mobile apps. These media are critical in reaching customers during power outages but also in providing energy savings tips, bill pay and other customer engagement services,...

2014-02-18 04:20:29

WASHINGTON, Feb. 18, 2014 /PRNewswire/ -- Across the globe, LED and smart streetlights are helping to establish smart cities and represent a critical layer of the emerging 'Internet of Things.' With rapid urbanization and the rise of global megacities, energy efficiency is becoming critical in public lighting infrastructure. By 2025, cities and municipalities are projected to save $11.3bn (more than 86,000 GWh) per year from efficient LED and smart streetlights. Investment in this...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'