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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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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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Managing power grid complexity: The 5 biggest priorities for utilities in 2024

Smart Energy International

In today’s distributed energy system, managing power grid complexity is challenging. But grid operators are often handling these changes with an ageing infrastructure that wasn’t built with a distributed energy system in mind. What is grid orchestration and why is it critical in 2024?

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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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What’s barring consumer-side flexibility in the energy system?

Smart Energy International

Bringing out the most from flexible systems can enable a valuable entry point for consumers into the power system and support power grid management. They will be able to avoid costly price peaks by mainly consuming electricity when it is sufficiently windy or sunny.”

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E.ON plans €9bn investment increase to ramp up grid expansion

Smart Energy International

billion) increase to its 2024-2028 investment plan, citing the need for continued grid expansion to connect an increasing number of renewable energy facilities. plans to boost its four-year investment plan from €33 billion ($36 billion) to €42 billion ($46 billion), focusing on energy networks and energy infrastructure solutions.

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Phasecraft to develop quantum algorithms to optimise energy grids

Smart Energy International

million) contract to explore using quantum computing to optimise energy grids. With building and maintaining grid connections costing up to ÂŁ1.5 million per km of line, determining the optimal layout and usage of this growing infrastructure is important to minimise the costs. million ($1.5