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Lessons from inside the heat dome about the future of the electric grid

GreenBiz

Lessons from inside the heat dome about the future of the electric grid. Heatwaves are a double whammy for the electrical grid. The combination of the hot weather and the increased energy running along wires go beyond what they were built to endure. Even without extreme weather events, the power grid needs love.

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Dublin battery system to support the Irish power grid

Smart Energy International

In a bid to support Irish grid stability, Electricity Supply Board (ESB) has opened a major battery plant at its Poolbeg site in Dublin, which will add 75MW/150MWh of fast-acting energy storage. No electricity system can operate without a backup.

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V2G specialist Nuvve and China’s Great Power team up on grid integrated batteries

Smart Energy International

V2G tech company Nuvve and battery specialist Guangzhou Great Power Energy and Technology Corporation have announced a strategic partnership to accelerate the deployment of stationary storage batteries and their integration with the power grid.

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Electrical distributor EIS to acquire Power Grid Supply

Smart Energy International

EIS, a distributor of electrical process materials and components in North America, announced the successful acquisition of Power Grid Supply (PGS), a supplier of transformer parts and components for the production, repair, and remanufacturing of transformers.

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Blackstone acquires Texas-based electric grid components company

Smart Energy International

US asset manager Blackstone announced that private equity funds affiliated with it have closed the acquisition of Power Grid Components, an electric grid components manufacturer. “The acquisition of Power Grid Components fits squarely within one of our favorite investment themes – the U.S.

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Electric vehicles balance the grid in UK for first time

Smart Energy International

Electric cars are balancing supply and demand on the UK power grid for the first time in a trial hosted by National Grid ESO and Octopus Energy. The technology automatically adjusts the charging schedule of the car in response to the ESO requests for more or less power.

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Smart Energy Finances: Series B funding for AI-powered grid analytics

Smart Energy International

This week’s Smart Energy Finances looks at a successful Series B financing round of $20 million for a US-based platform, Amperon, that uses artificial intelligence (AI) to unlock value from grid data and enhance electricity forecasting. This will play a key role as the platform expands.