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Smart Energy Finances: Hitachi Energy acquires eks Energy

Smart Energy International

Swiss tech major Hitachi Energy has acquired eks Energy in a strategic move to add power and electronics and energy management software to their ever-growing portfolio. Hitachi Energy called the move part of its strategy to meet global demand for battery energy storage solutions.

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IP/MPLS secures the journey to a net-zero emissions future

Smart Energy International

This transition from fossil fuels, which in Europe has accelerated with Russia’s invasion of Ukraine, is driving the electrification of transportation, home heating and cooking, agricultural production and many industrial processes from concrete to steel worldwide. IP/MPLS: Meeting the needs of the modern grid.

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An Open Letter: The Texas Energy Transition—The Greentown Labs Community Offers Pathways to a Resilient and Sustainable Energy Future

Greentown Labs

The Texas energy crisis in February 2021 reminded us of the precariousness of energy systems and their high costs of failure. This event nearly devastated the state’s power grid due to a frequency drop that put Texas four minutes and 37 seconds away from a months-long blackout.

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The 4 Things PG&E Must Do to Survive and Thrive Post-Bankruptcy

GreenTechMedia

Pacific Gas & Electric is on the verge of escaping from its 18-month bankruptcy , only to begin a years-long effort to prevent a repeat of the disasters that pushed it into insolvency in the first place. PG&E must keep up with the state’s ambitious clean energy, environmental and electrification goals. Of that, about $7.8

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? US clean investment cleans up with $239bn #187

Climate Tech VC

The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Energy & industry. Happy Monday!    Lots of spice for clean investment this week. The picture was less rosy for new wind and heat pumps, both of which have suffered from high interest rates. .

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DOE Quietly Backs Plan for Carbon Capture Network Larger Than Entire Oil Pipeline System

DeSmogBlog

An organization run by former Obama-era Energy Secretary Ernest Moniz, with the backing of the AFL-CIO, a federation of 56 labor unions, has created a policy “blueprint” to build a nationwide pipeline network capable of carrying a gigaton of captured carbon dioxide (CO2).

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Why Australia is Truly the Virtual Power Plants Market Frontier?

AutoGrid

Why Australia is Truly the Virtual Power Plants Market Frontier? As one scans the world for opportunity during the current energy transition, one of the most vibrant regional markets is often forgotten due to its geography. This will require integration of behind-the-meter with front-of-the-meter assets to maintain grid reliability.