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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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Tackling the energy transition with a grid that can sense, think, and act

Smart Energy International

Why do renewables such as distributed energy resources (DERs) present such a challenge? The hard truth is that the majority of electric grids were not originally designed to accommodate DERs, writes Dominique Verhulst, head of the Energy Segment at Nokia’s Network Infrastructure Group.

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MISO worries about meeting electric power demand this summer

Smart Energy International

The US Midcontinent Independent System Operator (MISO) said in a summer readiness workshop that it will likely need to import more non-firm energy and/or need additional energy resources to meet the 2022 summer peak demand. powers innovation district with green energy.

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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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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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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?