Transmission

Georgia Power strengthens reliability for customers, marks high performance in 2023

Retrieved on: 
Thursday, March 7, 2024
Storm, Georgia Power, PSC, Investment, Natural gas, SAIDI, Electricity, Transmission, Georgia Public Service Commission, Distribution, Renewable energy

ATLANTA, March 7, 2024 /PRNewswire/ -- Georgia Power continues to build the future of energy by making valuable investments in Georgia's energy grid to make it stronger and more resilient for customers. Over the past 10 years, the company has invested more than $10 billion in strengthening the power grid through programs and initiatives approved by the Georgia Public Service Commission (PSC). Georgia Power continued this ongoing work on projects throughout Georgia communities in 2023 resulting in a strong year for reliability performance. 

Key Points: 
  • Georgia Power continued this ongoing work on projects throughout Georgia communities in 2023 resulting in a strong year for reliability performance.
  • High service reliability in 2023 was driven, in large part, by the continued installation of smart, automated devices throughout the power grid.
  • All this infrastructure works together to improve reliability through a stronger and more resilient power grid and helped deliver last year's high reliability.
  • Media can download b-roll of Georgia Power crews working on the power grid by clicking here.

GE VERNOVA UNVEILS GRID DATA MANAGEMENT SOFTWARE TO UNLOCK A SMARTER, MORE RESILIENT ENERGY NETWORK

Retrieved on: 
Wednesday, February 21, 2024
EVS, Tata Power, Acquisition, Itron, Senior, Weather, AI, Connect, Internet of things, Data management, Public utility, Intelligence, Climate change, Information technology, Industrial, OT, Big data, Transmission, Internet, Machine learning, General Electric, Water, Renewable energy

Itron is among the key collaborators with GE Vernova to utilize the new federated grid data fabric software to better enable a more modern, secure, and resilient grid.

Key Points: 
  • Itron is among the key collaborators with GE Vernova to utilize the new federated grid data fabric software to better enable a more modern, secure, and resilient grid.
  • CAMBRIDGE, Mass., Feb. 21, 2024 /PRNewswire/ -- Today, GE Vernova launched GridOS® Data Fabric, the first data fabric designed for grid orchestration, to help utilities operate a grid that is both smarter, as renewable energy scales, and more resilient, as extreme weather events increase.
  • The grid today is more complex than ever before, and energy data is a contributor to this complexity, as this data is dispersed across the energy network, multiplying exponentially and creating data challenges for electric utilities to manage.
  • "This launch includes GridOS® Connect, our energy data integration engine, a key component for the federated grid data fabric that feeds continuously updated data sets into the system.

MRC Global Reports Full Year and Fourth Quarter 2023 Results

Retrieved on: 
Tuesday, February 13, 2024
International, PTI, Production, Growth, Mining, MRC, Accounting, GAAP, Gas, Webcast, DIET, Transmission, Central Time, PVF, Internet, Utility, Video game

MRC Global’s fourth quarter 2023 gross profit was $153 million, or 19.9% of sales, as compared to gross profit of $158 million, or 18.2% of sales, in the fourth quarter of 2022.

Key Points: 
  • MRC Global’s fourth quarter 2023 gross profit was $153 million, or 19.9% of sales, as compared to gross profit of $158 million, or 18.2% of sales, in the fourth quarter of 2022.
  • The company’s sales were $768 million for the fourth quarter of 2023, 12% lower than the fourth quarter of 2022 and a 14% decline from the third quarter of 2023.
  • U.S. sales in the fourth quarter of 2023 were $633 million, a $87 million, or 12%, decrease from the same quarter in 2022.
  • Gas Utilities sales in the fourth quarter of 2023 were $253 million, or 33% of total sales, a decline of $66 million, or 21%, from the fourth quarter of 2022 driven by the U.S. segment.

Allison Transmission to Drive Innovation with New Venture Capital Arm

Retrieved on: 
Tuesday, January 30, 2024
Other Defense, Automotive Manufacturing, Manufacturing, Start-Up, Finance, Other Automotive, Professional Services, Recreational Vehicles, Defense, Other Transport, Fleet Management, General Automotive, Transport, Aftermarket, Automotive, Vehicle Technology, Transmission, Venture, Multimedia, Corporate development, Automation, Allison Transmission, Business

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced it is launching Allison Ventures.

Key Points: 
  • Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced it is launching Allison Ventures.
  • Allison Ventures is not a separate investment fund but embedded within Allison’s corporate team.
  • “Allison Ventures will allow us to increase our innovation pipeline in support of industry technology advancement across commercial-duty mobility and work solutions to further our mission to Improve the Way the World Works," said Todd Bradford, Vice President, Strategy, Business and Corporate Development, Allison Transmission.
  • The Allison Ventures team will focus on technologies that will shape the future of commercial-duty mobility and work solutions.

Allison to Provide e-Axles to Oshkosh Corporation for North America’s First Fully Integrated, Zero-Emission Electric Refuse Collection Vehicle

Retrieved on: 
Thursday, January 25, 2024
Alternative Vehicles, Fuels, Technology, EV, Electric Vehicles, Aftermarket, Vehicle Technology, Automotive, Engineering, Automotive Manufacturing, Manufacturing, Batteries, Waste management, Allison Transmission, Noise, Natural gas, Oshkosh Corporation, Traction, Collection, Multimedia, Partnership, North Ronaldsay sheep, Transmission, Atmosphere, Rail transport

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is proud to be selected by Oshkosh Corporation as its electric axle supplier for North America’s first fully integrated, zero-emission electric refuse collection vehicle.

Key Points: 
  • Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is proud to be selected by Oshkosh Corporation as its electric axle supplier for North America’s first fully integrated, zero-emission electric refuse collection vehicle.
  • The Allison eGen Power® 100S has been successfully integrated into the McNeilus® Volterra™ ZSL™ electric refuse vehicle, which is specifically designed for the waste management industry to minimize environmental impact and reduce noise in communities around the world.
  • “Allison is the established propulsion leader in the North America refuse market.
  • This partnership with Oshkosh helps to ensure Allison will continue to meet customer demand now and well in the future as electric vehicle adoption increases.”
    For more information on Allison’s eGen Power solutions, please visit: https://www.allisontransmission.com/ev-solutions/egen-power .

Allison Transmission Awarded $83.3 Million Contract to Support U.S. Army Abrams Tank Modernization and Tank Production for Abrams User Nations

Retrieved on: 
Thursday, January 18, 2024
General Automotive, Engineering, Automotive Manufacturing, Manufacturing, Military, Automotive, Vehicle Technology, Defense, Other Defense, Contracts, Other Automotive, Other Manufacturing, Government Technology, Performance & Special Interest, Allison Transmission, Multimedia, M1 Abrams, Transmission, Foreign, Telescopic sight

View the full release here: https://www.businesswire.com/news/home/20240118522676/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240118522676/en/
    Allison Transmission will deliver upgraded and new X1100 cross-drive transmissions throughout 2024 to meet performance demands of the Abrams tank.
  • (Photo: Business Wire)
    “Allison is proud to be part of the world’s premier main battle tank supporting the U.S. Army and our close partners.
  • Allison will deliver upgraded and new transmissions to meet performance demands of the Abrams tank.
  • The Abrams tank has seen numerous upgrades and enhancements that provide the crew with the world’s most capable tank.

Allison Transmission Announces Ratification of New Labor Agreement with the UAW

Retrieved on: 
Wednesday, January 17, 2024
Aftermarket, Automotive, General Automotive, Vehicle Technology, Engineering, Automotive Manufacturing, Manufacturing, Machinery, Performance & Special Interest, Allison Transmission, Agriculture, UAW, Transmission

Allison Transmission announced today that a new collective bargaining agreement with the International United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) Local 933 has been ratified.

Key Points: 
  • Allison Transmission announced today that a new collective bargaining agreement with the International United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) Local 933 has been ratified.
  • The contract covers approximately 1,600 UAW-represented employees at Allison facilities in Indianapolis, Indiana and has a four-year duration, expiring on November 14, 2027.
  • “This milestone represents the culmination of dedicated efforts from both our organization and the UAW Local 933, demonstrating our more than 80 years of shared commitment to the well-being of our employees and the success of our company,” said David Graziosi, Allison Transmission Chairman and CEO.
  • “We believe that this agreement not only reflects our shared values but also paves the way for a strong future of continued growth.”

Automotive Transmission Dynamometer Market size in North America to grow by USD 565.05 million from 2023 to 2028; Future Scope and Innovations

Retrieved on: 
Thursday, January 11, 2024
College of Engineering (KNUST), Load testing, Challenge, Growth, Reciprocating engine, Automotive engineering, LINK, Gesellschaft mit beschränkter Haftung, Transmission, Originality, Innovation, Investment, Original equipment manufacturer, Development, PMM, Torque, NTS, Calibration, AVL, USD, Cost, Research, Instrumentation

The North America Automotive Transmission Dynamometer Market is driven by increased R&D investments due to cost pressures faced by automotive OEMs, spurred by compliance with environmental and safety standards.

Key Points: 
  • The North America Automotive Transmission Dynamometer Market is driven by increased R&D investments due to cost pressures faced by automotive OEMs, spurred by compliance with environmental and safety standards.
  • The automotive transmission dynamometer market in North America is fragmented owing to the presence of many global and regional companies.
  • Major Challenges - The North America Automotive Transmission Dynamometer Market confronts a notable challenge due to a shortage of skilled personnel adept in dynamometer testing, impacting Transmission Efficiency and Automotive Test Systems.
  • The automotive clutch actuator market size is estimated to grow by USD 7,601.28 million at a CAGR of 11.68% between 2023 and 2028.

Global Load Break Switches Strategic Industry Report 2023: Market to Reach $3.4 Billion by 2030 - Digitalization of Utilities Offers Growth Opportunities

Retrieved on: 
Tuesday, January 9, 2024
Growth, Traction, Kilowatt-hour, Disconnector, Developed country, Load, Transmission, Coal

DUBLIN, Jan. 9, 2024 /PRNewswire/ -- The "Load Break Switches - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 9, 2024 /PRNewswire/ -- The "Load Break Switches - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Load Break Switches estimated at US$2.3 Billion in the year 2022, is projected to reach a revised size of US$3.4 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030.
  • This report then delves into its key end-uses, shedding light on the diverse applications that rely on Load Break Switch technology.
  • The current market scenario and outlook for Load Break Switches are discussed, providing insights into the industry's dynamics and future prospects.

Circuit Breaker Market - Global Forecast to 2028: Rising Inclination Toward Renewable Energy Sources to Boost Demand - ResearchAndMarkets.com

Retrieved on: 
Friday, December 29, 2023
Other Energy, Other Construction & Property, Manufacturing, Energy, Construction & Property, Other Manufacturing, Electricity generation, Korea Electric Power Corporation, KEPCO, Atmosphere of Earth, Electricity, Region, USD, Ageing, Vacuum, Growth, SGCC, Investment, Transmission, Medium, Electronics

Several factors are driving this growth, including the increasing investments in power generation, particularly in renewable energy sources.

Key Points: 
  • Several factors are driving this growth, including the increasing investments in power generation, particularly in renewable energy sources.
  • Furthermore, the railway sector is witnessing accelerated investments, further contributing to the growth of the circuit breaker market.
  • The gas circuit breaker segment is expected to hold the largest share of the circuit breaker market, by insulation type, during the forecast period.
  • During the projected timeframe, the gas circuit breakers segment is expected to dominate the circuit breaker market.