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Six GB suppliers fined £10.8m for missing smart meter installation targets

Smart Energy International

million smart meters. The six suppliers are British Gas, OVO, Bulb, E.ON, Scottish Power and SSE and they will pay the combined total of £10.8 million) to Ofgem’s Energy Industry Voluntary Redress Fund, which is used primarily to support vulnerable consumers. million (US$2.10) Scottish Power – £1.24 million (US$13.2

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Home energy usage data goes under spotlight in UK

Smart Energy International

A new Energy Demand Observatory and Laboratory will gather data on energy usage in UK homes, in order to inform future measures to reduce carbon emissions. Smart meter data – new uses under investigation in GB Unlocking smart meter data for research. Have you read? Data collection. Dynamic research.

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Smart meters crucial for flexibility savings finds Cornwall Insight

Smart Energy International

According to new research from Cornwall Insight, household flexibility, which can be enabled by smart meters, has the potential to substantially support reductions in peak energy consumption, equivalent to the capacity of four new gas-fired power stations. billion/year ($17.9 billion/year ($17.9

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Why smart grids are essential to meeting the UK’s housing needs

Smart Energy International

While the Future Homes Standard (FHS) is a welcome roadmap for the future of decarbonised homes, explains Dan Nicholls of SNRG Group, it will not be realised without accompanying policy measures, which encourage the uptake of enablers like smart grids. Have you read: 34.8

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Massachusetts finds early success with behind-the-meter energy storage program

Renewable Energy World

Massachusetts has found early success with its behind-the-meter energy storage incentive program. Launched in 2019, ConnectedSolutions had about 34,000 customer participants with 310 megawatts of capacity enrolled by the end of 2020, according to a report compiled by Applied Economics Clinic for the Clean Energy Group.

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Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year.

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Taiwan Power Company assesses grid inertia as fossil plants go offline

Smart Energy International

Concerned about grid inertia, Taiwan’s state-owned electric utility Taiwan Power Company (TPC) has partnered with UK tech company Reactive Technologies Limited (RTL) to use its grid stability measurement platform. Sign up to our newsletter and stay informed