Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Total-Other-Finance-Cost Time Series for Eversource Energy. Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas. The company operates regulated water utilities that provide water services to residential, commercial, industrial, municipal and fire protection, and other customers in Connecticut, Massachusetts, and New Hampshire. The company was formerly known as Northeast Utilities and changed its name to Eversource Energy in April 2015. Eversource Energy was incorporated in 1927 and is headquartered in Springfield, Massachusetts.
Find in-season and off-season pricing for heating fuels, including heating oil, propane and wood price surveys by DOER. Links to electric and natural gas rates also available here.
https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy
The North America DC Distribution Network market is experiencing robust growth, driven by the increasing adoption of renewable energy sources, the proliferation of data centers, and the expanding demand for efficient power distribution in commercial and industrial settings. The market's Compound Annual Growth Rate (CAGR) of 7.83% from 2019 to 2024 indicates a significant upward trajectory. This growth is further fueled by advancements in power electronics, enabling higher efficiency and reliability in DC distribution systems. High-voltage DC systems are gaining traction due to their ability to reduce transmission losses and accommodate higher power demands, particularly in large-scale industrial applications. Segments like data centers and industrial facilities are key drivers, demanding resilient and efficient power solutions. While the residential segment currently holds a smaller market share, growth is anticipated as smart home technologies and energy storage solutions become increasingly prevalent. The United States holds the largest market share within North America, followed by Canada, reflecting the region's advanced infrastructure and technological adoption. However, the "Rest of North America" segment is also showing promising growth potential. Competitive pressures from established players like ABB, Siemens, and Eaton, alongside emerging innovative companies, are further shaping the market landscape, prompting continuous improvements in technology and cost-effectiveness. The forecast period (2025-2033) anticipates continued expansion, propelled by ongoing investments in renewable energy infrastructure and the growing need for reliable power in diverse sectors. The market is expected to see further segmentation based on technological advancements, with a focus on smart grid technologies and enhanced monitoring capabilities. Potential restraints include the high initial investment costs associated with DC distribution network implementation and the need for skilled workforce to install and maintain these systems. Nonetheless, the long-term benefits of improved energy efficiency, reduced operational costs, and enhanced grid stability are likely to outweigh these challenges, ensuring sustained growth for the North America DC Distribution Network market in the coming years. We estimate the 2025 market size to be approximately $2.5 Billion, based on the provided CAGR and extrapolation from historical data. Growth is projected to continue steadily, driven by the factors mentioned above. Recent developments include: January 2022: Eaton announced a USD 4.9 million award from the US Department of Energy to reduce the cost and complexity of deploying a direct-current (DC) distribution network for fast electric vehicle charging in the country. Eaton is likely to develop and demonstrate a novel, compact, and turnkey solution for DC fast-charging infrastructure that is likely to reduce costs by 65% through improvements in power conversion and grid interconnection technology, charger integration and modularity, and installation time., March 2022: In line with shared commitments to decarbonize, National Grid and Siemens Energy teamed up to undertake an upgrade of a National Grid substation using Siemens Energy-designed fluorinated gas-free Blue DC circuit breakers, which are made of clean air insulation and vacuum switching technology. Scheduled for commissioning in the year 2023, Siemens Energy's Blue DC circuit breakers will be installed in Massachusetts, United States, in substations that serve several Massachusetts communities. The first Siemens Energy Blue circuit breaker installation will be in the National Grid's US electricity network.. Notable trends are: Low and Medium Voltage Segment to Dominate the Market.
Not seeing a result you expected?
Learn how you can add new datasets to our index.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Total-Other-Finance-Cost Time Series for Eversource Energy. Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas. The company operates regulated water utilities that provide water services to residential, commercial, industrial, municipal and fire protection, and other customers in Connecticut, Massachusetts, and New Hampshire. The company was formerly known as Northeast Utilities and changed its name to Eversource Energy in April 2015. Eversource Energy was incorporated in 1927 and is headquartered in Springfield, Massachusetts.