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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% The update finds that world demand for electricity grew by 2.2%

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How to value solar plus storage

GreenBiz

The crisis has turbocharged interest in systems that deliver power even when the grid is down. Solar plus storage is fast emerging as a top choice, both at scale on the grid and also "behind the meter," installed in a home, apartment or commercial building. . It’s no secret that the cost of solar energy has plummeted.

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Behind-the-Meter Battery Pioneer Stem to Take SPAC Route to Public Markets

GreenTechMedia

Stem, the decade-old behind-the-meter battery startup that was seeking a buyer earlier this year to bolster its growth ambitions, is now launching a plan to go public via a special-purpose acquisition corporation (SPAC) reverse merger. Friday’s announcement names Star Peak Energy Transition Corp. billion in late 2019 to about $2.7

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3 Trends That Shaped the Grid Edge in 2019

GreenTechMedia

It isn’t easy to transform a century’s worth of electricity infrastructure from the ground up, particularly in the face of climate change-induced firestorms. As California goes, so goes the national trends, and that seems especially true of energy-related issues. But here are three of particular importance.

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Britain’s smart meter programme – more needs to be done

Smart Energy International

Britain’s smart meter programme has failed to hit targets and secure public support, the parliamentary Public Accounts Committee (PAC) has reported. In that period the deadlines have been pushed back three times and the targets reduced from “all homes and small businesses” to have smart meters by the target date to the current 74.5%

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U.K. Solar and Battery Aggregator Social Energy Raises Cash, Plans Expansion

GreenTechMedia

residential energy aggregator Social Energy is planning international expansion after gaining multimillion-dollar backing from U.S. alternative investment manager CarVal Investors. The parties have not disclosed the amount involved beyond saying it represents “a significant investment.” Power Networks.

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What a Year! 10 Stories That Propelled Energy Storage in 2019

GreenTechMedia

Exceedingly few batteries actually live up to the vision of “storing clean power for when the sun isn’t shining.” Here are the tastiest stories that emerged in 2019, in no particular order. It serves clean power at night cheaper than incumbent fossil fuels. Massive utility procurements.