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SparkMeter Closes $12M Round to Expand From Metering Minigrids to Analyzing ‘Broken Grids’

GreenTechMedia

Remote minigrids are a tough market for a traditional smart meter vendor. The meters that minigrids use need to be cheap, rugged and reliable, and they must be able to adjust to the often unstable operating conditions of solar-powered standalone grids. ” The World Bank’s International Finance Corp.

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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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Drax Cancels Plan to Build Europe’s Largest Natural Gas Power Plant

GreenTechMedia

gigawatt natural gas power plant in the U.K. have been shelved by the developer Drax, highlighting the challenging economics of converting coal-fired power to a cleaner, but still fossil-fuel-fired, alternative. ’s largest power plant. GW of power output to biomass, with a remaining 1.3 Plans for a new 3.6-gigawatt

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GreenCom Lands Funding to Expand IoT Home Energy Controls in Europe and Beyond

GreenTechMedia

GreenCom Networks, the Internet-of-things platform provider that’s become a go-to for major European utilities to control solar panels, batteries, electric vehicle chargers and smart home energy loads, has landed another funding round with two new strategic investors that could open new markets. million customers.

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Demand Response Industry Asks Feds to Open States to Energy Market Competition

GreenTechMedia

Over the past half-decade, the Federal Energy Regulatory Commission has consistently won court battles upholding its authority over states to set the rules for how distributed energy resources can play in wholesale energy markets. ” Why demand-side resources are gaining grid power.

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Grid Edge M&A Alert: Sentient Acquires Varentec for Dynamic Grid Control

GreenTechMedia

The trend for Silicon Valley startups applying advanced technologies to solve utility grid problems is clear — go big, or stay home. After a decade of eking out a niche in the world of advanced distribution grid power controls, Silicon Valley startup Varentec has sold its key assets for an undisclosed sum.

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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