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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.

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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. These additions bring with them critical benefits to our power grid. With a robust pipeline, the future for energy storage deployment is strong.”

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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. These additions bring with them critical benefits to our power grid. With a robust pipeline, the future for energy storage deployment is strong.”

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Swell Readies Up To $450M in Financing for Solar-Plus-Battery Virtual Power Plants

GreenTechMedia

Swell Energy has lined up $450 million in financing to give homeowners and business owners batteries and solar systems at no upfront cost, and earn the money back by turning them into virtual power plants serving utilities’ grid needs. Ares Management Corp. Ares Management Corp.

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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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Smart home app gamifies grid-reactive air con for consumers

Smart Energy International

A new partnership in the US combines a demand response programme with smart air conditioners, enabling a gamified reward system to incentivise consumers to lower consumption at times of peak demand on the power grid. ” LG and OhmConnect have plans to expand and enhance the service later in 2023.

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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.