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There's No Stopping This Growth Train: Building Efficiency

Put on your sunglasses because the future is bright. For the advanced energy industry, that is. According to a recent Advanced Energy Now Market Report, the industry generated $238 billion in revenue in 2018—an 11% increase over 2017. That’s a lot of dough.

Hidden Effects of the Digital Revolution

The development and advancement of digital technologies has seen explosive growth. The digital revolution, which refers to the advancement of technology from analog electronic and mechanical devices to the digital technology we see today, allows us to tap into the power of information in unprecedented ways. Thanks to technological innovation, we can do previously unimaginable things.

Utilities Awaken to Electric Vehicles

Despite the obvious need to spark new revenue streams, electric utilities have not been particularly aggressive in their embrace of electric vehicles (EVs) as a potential source of new demand.  

Electricity Delivery and Management: A Look Back at 2018 Growth and a Look Ahead to Emerging Markets

If you haven’t read through the Advanced Energy Now 2019 Market Report, *SPOILER ALERT* it’s full of great news for the future of the advanced energy industry. In short, 2018 was a year of promising growth. Advanced energy generated $238 billion in revenue and supported 3.5 million U.S. jobs — an 11 percent increase over the previous year. That’s on par with the aerospace manufacturing industry and double the biotechnology industry.

Why Hospitals Are Well Suited to Benefit from Energy Efficient Technology

Hospitals are one of the most energy-intensive commercial building types—the US healthcare sector occupies only 1.6 billion square feet, but its energy consumption is disproportionately high, at 1.5 quadrillion BTU’s each year.

Although the healthcare sector typically prioritizes spending on medical equipment over energy efficiency upgrades, 69 percent of hospitals already have computerized building automation systems in place along with electronic healthcare management for tracking patient records, scheduling and so on. That’s why this sector is uniquely suited to adopt smart data-providing and energy-saving technologies that can integrate with these existing systems.

THE FOREFRONT OF INNOVATION

Want to stay abreast of regulatory updates, inspiring innovations and thought leadership related to grid optimization? Welcome to our blog, where Franklin Energy’s experts come to delve into everything you need to know to stay at the top of your game in our ever-changing environment.

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