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Smart Energy for Smart Cities Technology Revenue Is Expected to Reach $20.9 Billion in 2024

Cities, utilities, and smart energy for smart cities vendors are expected to take advantage of market synergies, report finds
A new report from Navigant Research examines the smart energy for smart cities market, focusing on the smart grid and advanced energy technologies segments, with global market forecasts for revenue, through 2024.

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District energy – the smart route to urban efficiency

As a leading player in district energy solutions, Danfoss presents know-how and future smart technologies at the Nordic Efficiency event in Paris. The solutions help increase energy efficiency in cities and the potential is huge.
Every day, more than half of the energy used for generating electricity vanishes into the air. This colossal energy waste has spurred the development of district heating and cooling systems that can utilize surplus energy to heat or cool people’s homes and to supply domestic hot water.

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INDRA implements smart technology for street signposting, ticketing and tram priority in Ecuador

Indra, the number one multinational and consulting company in Spain and one of the most important in Europe and Latin America, has been awarded a contract for the engineering, supply and implementation of systems of street signposting and tram priority, access control and ticketing for the new tram in Cuenca, the third-largest city in Ecuador. The Cuenca tram is currently under construction and is expected to begin operating in June 2016. It will be used by around 120,000 passengers a day, or 39 million a year. It will be the largest mass transport system in the city, which is considered “the Athens of Ecuador” thanks to its architectural and artistic heritage.

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ABB unveils intelligent voice-activated smart home system

New free@home system controls 60 functions and enables combination of processes using ‘if… then’ logic.
ABB, a global leader in power and automation, unveiled the world’s most advanced voice activated smart home automation system at the IFA consumer electronics show in Berlin, Germany. This latest innovation allows consumers to use voice commands to control more than 60 home automation functions for the full range of applications in a typical residential smart home environment including lighting, heating, blind control and door communication.