It seems the Energy Service Network Association (ESNA); the body that developed the Open Smart Grid Protocol (OSGP) will have to go back to the drawing board with the Open Smart Grid Protocol. Researchers, Phillip Jovanovic from the University of Passau in Germany and Samuel Neves from the University of Coimbra in Portugal have identified weaknesses in the authenticated encryption of the protocol.
In 2013, approximately 15 per cent of Mexico's electricity production was lost due to theft or defaults, and in some areas of Mexico City, that increases to more than 35 per cent, that’s according to Mexico's Comisión Federal de Electricidad’s (CFE), the largest utility in the Americas. To reduce theft and stem its losses the CFE under the Megacable and Hola Innovacion consortium is working in partnership with Silver Spring Networks and Mexico's Tecnologías EOS to implement a number of smart grid solutions in Mexico City’s Central District.
Intel Security a division of Intel has launched new security solution for the smart grid sector, called Intel Security Critical Infrastructure Protection (CIP). Intel said CIP is the result of extensive industry surveys among smart grids executives and a joint development in collaboration with the Department of Energy, Texas, Wind River and Texas Tech University. The solution works to protect today's smart grids from cyber and other IT related attacks and offers the added benefit of being able to work with legacy and new smart grid infrastructure.
Silver Spring Networks has been selected for an advanced metering program by Horizon Power in Western Australia most sparsely populated region covering approximately 2.3 million square kilometers (approximately 888,000 square miles). Horizon power, a government owned entity would like to provide the area's 47,000 customers with a pre-payment energy solution.
British Gas is determined to make the connected lifestyle a norm for its 4 million plus customers, along with the rest of the UK. The company is investing millions into developing and offering its customers added value services via its ‘Connected Home’ initiative.
Landis+Gyr has further solified its position in the South American smart grid market by partnering with Brazilian electricity utility Light in a five year contract worth approximately R$750 million ($313 million USD). The agreement is the largest smart grid project in South American history; under the agreement Landis+Gyr will supply, implement its Gridstream smart grid solution with operation and maintenance of the system.
Landis+Gyr has announced the release of version 3.6 of Power Centerits operating software for demand response and load management applications. Version 3.6 provides support for Gridstream RF network technology used in Landis+Gyr's L530 and L570 load control switches, as well as the L430 programmable communicating thermostat.
In five years time the world's smart city market will value approxitmately US$1.565 trillion and By 2025, it is expected that around 58% of the world's population or 4.6 billion people will live in urban areas, according to Frost & Sullivan. Within the next ten years, North America and Europe will be host to over 50% of the expected 26 global smart cities. The researchers also pointed out trends in people movement that they think will pose challenges for city Planners.
A report by NanoMarkets is predicting world wide smart grid sensor market to almost double by 2021. NanoMarkets expects advanced metering infrastructure (AMI) applications to account for the vast majority of the market throughout the forecasting period to 2021. They are expecting the market value of the different sensors to fluctuate over the same period.
More than half of global energy consumers would consider installing connected-home solutions or solar panels in the next five years, or purchasing an electric vehicle in the next 10 years, according to a new survey by Accenture ACN +0.01% . Interest in connected-home products and services such as energy management and other monitoring and control solutions is projected to rise from seven percent to 57 percent in the next five years, due to the expectation that they will help reduce energy bills, increase comfort and convenience, and enable remote control of home devices.