electricity consumption

US Consumers to Gain Access to Their Energy Information

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The Obama administration has announced a series of measures to make energy information readily accessible to consumers and promote innovation in the energy sector as part of a broader effort to modernise the US electricity grid. Google and The Climate Group along with a coalition of businesses and NGOs sent a letter to President Obama … Read more

GE Energy Makes $3.2 Billion Acquisition

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GE Energy is acquiring 90% of Converteam, a leading provider of electrification and automation equipment and systems, for approximately $3.2 billion from a controlling shareholder group that includes management, Barclays Private Equity, and LBO France. The transaction, which is expected to close during third quarter 2011, will significantly expand GE’s offering in rapid growth sectors … Read more