The COAG Energy Council has agreed to further improve lighting energy efficiency regulation by introducing minimum standards for LED light bulbs in line with EU standards.
The 2018 Federal Budget tackles head on the connectivity challenges posed by a growing population with substantial infrastructure investments in new and existing projects around the country.
Although there are no big ticket items for the electrotechnology sector in the Budget, the ongoing investment in infrastructure, company tax cuts and the extension of small business concessions will benefit electrical contractors.
The value of non-residential building approvals jumped by 14.8% in February, adding to growth of 18% over the previous 12 months.
State governments have spent up to $20 billion more than was needed on the electricity grid, according to a new Grattan Institute report.
Navigant Research has named Philips Lighting, Acuity Brands, Eaton and OSRAM as top influencers in the IoT for lighting market.
Research firm IBISWorld has revealed the top five industries expected to grow and shrink in 2017–18.
Building approvals increased by 0.9% in November 2017, pointing to a positive year for construction.
Emerson, a global automation technology and software company, has been named the 'Industrial IoT Company of the Year' by IoT Breakthrough.
Flow energy storage manufacturer ESS Inc. has received $13 million in new Series B funding.
Australian solar energy software provider Solar Analytics has received a $1.9 million grant from the federal government.
The Australian Industry Group and Australian Constructors Association are predicting a solid upturn in major construction project work through to mid-2019.
Around 63% of utility executives believe their country faces at least a moderate risk of electricity supply interruption from a cyber attack on electric distribution grids in the next five years.
Household batteries are flying off the shelf twice as fast this year as Australians look for new ways to control their power use and protect against price hikes, according to the Climate Media Centre.
Industry association NECA's Market Monitor 2016–17 has found that businesses in the electrical contracting industry are more optimistic about the future.