Transmission

Global Supervisory Control and Data Acquisition (SCADA) Market to 2030: Players Include AVEVA, Emerson Electric, Detechtion Technologies and General Electric

Retrieved on: 
Tuesday, February 28, 2023

While Immediate Liquidity Crunch Will Trigger Declines in IT Spending in 2020, Automation, Cybersecurity, Cloud, AI & IoT Will Lead a Quick Recovery in 2021: Global IT Spending Growth (In %) for 2018-2020

Key Points: 
  • While Immediate Liquidity Crunch Will Trigger Declines in IT Spending in 2020, Automation, Cybersecurity, Cloud, AI & IoT Will Lead a Quick Recovery in 2021: Global IT Spending Growth (In %) for 2018-2020
    With Automation Being the Most Logical Choice for Process Improvements, Adoption of SCADA Systems Poised to Rise
    Spending on Industrial Automation Spurs Interest in SCADA as a Tool to Enable Automation: Global Industrial Automation Market (in US$ Billion) for the Years 2019, 2022, 2024 and 2026
    Increasing Role of SCADA in Data, Energy and Diagnostic Management
    Global Smart Cities Market Revenues in US$ Billion for the Years 2019, 2021, 2023 and 2025
    With Mobility Gaining Prominence in Industrial Automation & Process Control, Mobile SCADA Comes into the Spotlight as a Promising Technology
    Smartphone Usage in the Industrial Era of Interconnectivity & Open Communication Presents Opportunities for Mobile SCADA: Global Shipments of Smartphones (in Million Units) for the Years 2011 through 2019
    As SCADA Assumes Significance in Critical Infrastructure, Cybersecurity Concerns Come into Spotlight
    SCADA Becomes Vital to Distribution, Transmission & Generation Assets in the Power Sector
    Projected Infrastructure Investments in the Energy Sector Sets the Business Climate for SCADA in Utilities: Global Cumulative Infrastructure Spending (In US$ Trillion) by Sector during 2016-2030
    Global Smart Grid Revenues in US$ Million for the Years 2018, 2021 and 2024
    As Digital Technologies Penetrate the Oil & Gas Industry to Relieve Cost & Efficiency Pressures, SCADA Systems Poised to Benefit: Global Spending on Digital Oilfield Technologies (In US$ Billion) for the Years 2019, 2021 and 2023

Luke Litteken Named Chair of National Trade Association

Retrieved on: 
Wednesday, February 15, 2023

The Southern Gas Association (SGA) Board of Directors has named Luke Litteken, Senior Vice President, Natural Gas Business Unit of Xcel Energy, as the 2023 Chair of the Board.

Key Points: 
  • The Southern Gas Association (SGA) Board of Directors has named Luke Litteken, Senior Vice President, Natural Gas Business Unit of Xcel Energy, as the 2023 Chair of the Board.
  • Producers, Midstream, Gas Supply & Marketing, Transmission and Distribution operators turn to Southern Gas Association for training and leadership development.
  • View the full release here: https://www.businesswire.com/news/home/20230215005312/en/
    Luke Litteken, Senior Vice President, Natural Gas Business Unit of Xcel Energy, named 2023 Chair of the Board of Southern Gas Association (Photo: Business Wire)
    Addressing his goals as chair, Luke Litteken stated, “My efforts will be focused on creating the long-term infrastructure and technology to deliver affordable, resilient clean energy.
  • Suzanne Ogle, Southern Gas Association President, and CEO, said, "It is a pleasure to welcome Luke Litteken as our 2023 Chair.

Equinor & bp Host New York City Expo to Bring New Suppliers into Growing Offshore Wind Industry

Retrieved on: 
Monday, February 13, 2023

Over 150 local and regional manufacturers, suppliers, and contractors attended to meet key offshore wind project suppliers and vendors.

Key Points: 
  • Over 150 local and regional manufacturers, suppliers, and contractors attended to meet key offshore wind project suppliers and vendors.
  • The expo focused on finding solutions to industry supply chain issues by developing partnerships with local New York businesses.
  • The event featured panels that focused on workforce development opportunities springing from the substantial new investments in New York’s offshore wind infrastructure.
  • Its work in the United States includes the development of two lease areas off of New York, Empire Wind and Beacon Wind.

Allison Specialty Series™ Transmissions Selected for the U.S. Army’s Common Tactical Truck Prototype Vehicles

Retrieved on: 
Monday, February 13, 2023

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, is pleased to announce Allison’s 4000 Specialty Series™ transmissions are included in the U.S. Army’s Common Tactical Truck (CTT) prototype vehicle phase.

Key Points: 
  • Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, is pleased to announce Allison’s 4000 Specialty Series™ transmissions are included in the U.S. Army’s Common Tactical Truck (CTT) prototype vehicle phase.
  • View the full release here: https://www.businesswire.com/news/home/20230213005387/en/
    Allison Transmission announced today that its Specialty Series™️ transmissions, which feature next generation electronic controls at the forefront of commercial vehicle industry adoption, are included in the U.S. Army’s Common Tactical Truck prototype vehicle phase.
  • (Photo: Business Wire)
    CTT, the newest tactical wheeled vehicle program, will begin replacing the U.S. Army’s aging fleet of heavy tactical wheeled vehicles.
  • The U.S. Army has proposed replacing most variants in its heavy tactical wheeled vehicle fleet with a single platform that shares a common powertrain, chassis and cab.

ABB: Q4 2022 Results

Retrieved on: 
Thursday, February 2, 2023

1 For a reconciliation of non-GAAP measures, see “supplemental reconciliations and definitions” in the attached Q4 2022 Financial Information.

Key Points: 
  • 1 For a reconciliation of non-GAAP measures, see “supplemental reconciliations and definitions” in the attached Q4 2022 Financial Information.
  • “2022 was another successful year for ABB, including a further streamlining of our business portfolio and achieving our margin target earlier than expected.
  • Customer activity improved slightly or remained stable in most customer segments, except for declines related to residential construction and discrete manufacturing.
  • This resulted in 2022 being a record year for ABB, in recent history, with an Operational EBITA margin of 15.3%.

Global Industrial Lubricants Market Report 2022: Industry Size, Share, Trends, Opportunity, and Forecasts, 2018-2028 - ResearchAndMarkets.com

Retrieved on: 
Monday, January 30, 2023

Industrial Lubricants market is anticipated to grow significantly through 2028 due to increase in industrial growth in Asia Pacific region.

Key Points: 
  • Industrial Lubricants market is anticipated to grow significantly through 2028 due to increase in industrial growth in Asia Pacific region.
  • Rapid industrialization and the significant rise in trade activities, particularly in developing countries, are expected to propel the demand for industrial lubricants in the upcoming years.
  • In Oct 2020, MAK Lubricants launched MAK Titanium CK4 engine oils for heavy-duty commercial vehicles to enhance engine protection.
  • Company Profiles: Detailed analysis of the major companies in the global industrial lubricants market.

Global Automotive Parts Remanufacturing (PV, LCV, HCV, ATV, ORV) Market Analysis/Forecasts, 2021-2022 & 2023-2028 - ResearchAndMarkets.com

Retrieved on: 
Friday, January 27, 2023

The shortage of raw materials is driving the growth of the automotive parts remanufacturing market as remanufactured parts are extracted from older vehicles and renovated.

Key Points: 
  • The shortage of raw materials is driving the growth of the automotive parts remanufacturing market as remanufactured parts are extracted from older vehicles and renovated.
  • The report analyses the Automotive Parts Remanufacturing Market by Component (Engine & Related Parts, Transmission & Others, Electrical & Electronics, Wheels & Brakes, Fuel Systems, Other Components).
  • The report analyses the Automotive Parts Remanufacturing Market By Vehicle (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles, Off-Road Vehicles, All-Terrain Vehicles).
  • The Global Automotive Parts Remanufacturing Market has been analyzed by countries (United States, Canada, Mexico, Germany, UK, Russia, China, Japan, India, South Korea).

Communities Could Have Saved Nearly $100M, Kept Lights on During Winter Storm Elliott by Adding Transmission

Retrieved on: 
Wednesday, February 8, 2023

WASHINGTON, Feb. 8, 2023 /PRNewswire-PRWeb/ -- Adding one gigawatt (GW) of transmission capacity during Winter Storm Elliott could have saved electricity consumers nearly $100 million over the course of the five-day storm, according to a new report released today by the American Council on Renewable Energy (ACORE). The report, The Value of Transmission During Winter Storm Elliott, details the benefits more transmission could have provided by keeping the lights on and delivering more affordable power as severely low temperatures caused record winter electricity demand and rolling blackouts across much of the Central and Eastern U.S. in December 2022.

Key Points: 
  • "It has been exceptionally difficult, if not impossible, to develop interregional transmission under the current planning processes and related rules.
  • "A stronger transmission network could have kept the heat on for hundreds of thousands of Americans who lost power during Winter Storm Elliott.
  • For a region-by-region breakdown of the benefits that expanded transmission capacity could have provided during Winter Storm Elliott, click here to download the new report.
  • The Value of Transmission During Winter Storm Elliott was commissioned by ACORE and authored by Grid Strategies LLC.

Global Automotive Parts Remanufacturing Market Report 2022: A $54.71 Billion Market in 2021 - Shortage of Raw Materials Driving Growth to 2028

Retrieved on: 
Friday, January 27, 2023

The Global Automotive Parts Remanufacturing market was valued at USD 54710.12 Million in 2021 and is expected to grow at a CAGR of 7.43% during the forecast period of 2023-2028.

Key Points: 
  • The Global Automotive Parts Remanufacturing market was valued at USD 54710.12 Million in 2021 and is expected to grow at a CAGR of 7.43% during the forecast period of 2023-2028.
  • The shortage of raw materials is driving the growth of the automotive parts remanufacturing market as remanufactured parts are extracted from older vehicles and renovated.
  • The report analyses the Automotive Parts Remanufacturing Market by Component (Engine & Related Parts, Transmission & Others, Electrical & Electronics, Wheels & Brakes, Fuel Systems, Other Components).
  • The report analyses the Automotive Parts Remanufacturing Market By Vehicle (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles, Off-Road Vehicles, All-Terrain Vehicles).

Jinko Power announces Financial Close and start of Construction for its 300 MW Saad solar PV Project in the Kingdom of Saudi Arabia

Retrieved on: 
Friday, January 20, 2023

RIYADH, Saudi Arabia, Jan. 20, 2023 /PRNewswire/ -- Al Ghazala Energy Company ("Ghazala"), the Kingdom of Saudi Arabia-based subsidiary of Jinko Power Technology Co., Ltd (601778 SH), a global leader in renewable energy, has achieved financial close and commenced construction of its 300 MW Saad Solar PV Project (the "Project") in the Kingdom.

Key Points: 
  • RIYADH, Saudi Arabia, Jan. 20, 2023 /PRNewswire/ -- Al Ghazala Energy Company ("Ghazala"), the Kingdom of Saudi Arabia-based subsidiary of Jinko Power Technology Co., Ltd (601778 SH), a global leader in renewable energy, has achieved financial close and commenced construction of its 300 MW Saad Solar PV Project (the "Project") in the Kingdom.
  • The scope of the full-wrap EPC Contract includes design, supply, construction, warranty, initial operation and maintenance of the Project.
  • A consortium of three leading lenders of the region is providing long-term, non-recourse project financing to Ghazala, the project company.
  • The closing of the Saad Project underpins our commitment towards HRH Prince Mohammad Bin Salman and Saudi Arabia's Vision 2030.