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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. Mr. McClure and the other senior leaders will remain with the business in their current positions following the transaction.

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The future of the US electricity system modelled

Smart Energy International

A prosumer-based transactive energy system in the US could bring savings of up to $50 billion per year, modelling by PNNL researchers has found. Other findings are a reduction in daily load swings by up to 44% and consumer savings of around 15% on annual energy bills. Have you read?

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Smart Energy Finances: CPower closes Centrica demand response acquisition

Smart Energy International

Centre stage in this week’s Smart Energy Finances is the closing of an acquisition by CPower. CPower helps DER owners with flexible capacity across industries, including big box retail, commercial real estate, data centers, crypto mining sites, education, healthcare and government, and manufacturing. GW of #DER capacity!

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US energy storage market installed more than 12K MWh in Q4 2023

Smart Energy International

The US energy storage market broke previous records for deployment across all segments in the final quarter of 2023, with 4,236MW/12,351MWh installed over the period. New additions of 3,983MW of new capacity represent a 358% increase compared to the same period in 2022. That’s a 100% increase from Q3, according to a new report.

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US energy storage market installed more than 12K MWh in Q4 2023

Smart Energy International

The US energy storage market broke previous records for deployment across all segments in the final quarter of 2023, with 4,236MW/12,351MWh installed over the period. New additions of 3,983MW of new capacity represent a 358% increase compared to the same period in 2022. That’s a 100% increase from Q3, according to a new report.

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Targeting grid resilience with digitalisation

Smart Energy International

New solutions for a digital grid are being pioneered by Gridspertise building on Enel’s positioning over two decades at the forefront of advances. Smart metering varies markedly across the country and among customer classes and many sources record North American utilities to be lagging in their maturity in supply reliability.