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Smart metering and demand response continue to increase in US

Smart Energy International

FERC’s annual smart metering and demand response assessment highlights annual increases averaging around 8 million new smart meters. The assessment, compiled as a statutory requirement annually, quotes 2021 smart meter data as the latest, with numbers of 111.2 million metering endpoints in the US. Have you read?

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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% in 2023, less than the 2.4% in 2023, less than the 2.4%

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Hitachi Energy invests $1.5 billion to ramp up transformer production for grid transmission

Charged

Delays in getting electrical service hooked up represent one of the biggest roadblocks to building more EV charging hubs, and several industry insiders have told Charged that a major reason for those delays is a shortage of transformers. Source: Hitachi Energy , Electrek The company recently announced plans to invest $1.5

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Technology Trending: New smart electricity and hydrogen meters and US DOE emerging tech office

Smart Energy International

Following earlier announcements of new electricity, water and hydrogen meters another pair of new meters are launched and the US Department of Energy launches an office to focus on emerging technologies in the week’s technology radar. 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. The DER company has acquired Centrica’s demand response division, bolstering their DER capacity from 5.6GW to 6.3GW. CPower closes Centrica demand response acquisition. RWE ’s $6.8bn energy business acquisition.

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Smart Energy’s Power Playbook: Revving up the V2G market

Smart Energy International

In this debut of the Power Playbook, our spotlight on the finance and investment side of the energy transition, Yusuf Latief investigates how Vehicle-to-grid (V2G) tech is becoming a burgeoning market space ripe with investment opportunities. This is what has caught our eye. The rest of the process is automated.

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California VPP capacity to exceed 15% of 2035 peak demand finds Brattle Group

Smart Energy International

By 2035, VPP (virtual power plant) potential in California is forecast to exceed 15% of peak demand by 2035, representing five times its current capacity, according to analysis from consultancy Brattle Group for AI specialist GridBeyond. The study adds that the inclusion of additional VPP technologies could increase the potential.