Honeywell has signed an agreement to acquire the Elster Division of Melrose Industries for $5.1 billion. Elster provices thermal gas solutions for commercial, industrial, and residential heating systems and gas, water, and electricity meters, including smart meters and software and data analytics solutions. The company also manufactures flow … [Read more...]
Demand Response World Forum Oct. 13-15 Looks at DR's Role in Grid Modernization
Energy professionals from around the world will gather for the Demand Response World Forum 2014 in Costa Mesa, California, October 13-15 . The international event will explore the latest automated demand response (ADR) technologies and strategies for meeting the changing energy landscape of the 21st Century. Over 40 speakers will join technology … [Read more...]
Second study forecasts strong growth for energy service companies (ESCOs)
The US energy service company (ESCO) industry is set to grow from a $4.9 billion market in 2013 to almost $8.3 billion in 2020, according to a new report by Navigant Research. The growth comes after a slowdown in business for the energy performance contractors, Navigant says. “Over the past two years, ESCOs have found it difficult to attract … [Read more...]