Remove 2023 Remove Demand Remove Europe Remove Investment
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Hitachi Energy expands German power transformer facility to address demand

Smart Energy International

Hitachi Energy has announced an investment of more than €30 million ($32 million) in the expansion and modernisation of its power transformer manufacturing facility in Bad Honnef, Germany. Additionally, according to Wood Mackenzie authors , demand for transformers has been increasing due to their high lead times and supply chain constraints.

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Dutch demand continues to outstrip supply despite record grid investments

Smart Energy International

Despite record investments into power grid expansion to accommodate demand, grid operators Alliander, Enexis and Stedin have reported inefficient capacity to prevent increasing network congestion. Alliander invested more than €1.4 billion ($1.6

Demand 59
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BSW: Solar met 12% of Germany’s total energy demand in 2023

PV Tech

Germany commissioned more than one million new solar power projects in 2023, according to the Bundesverband Solarwirtschaft (BSW).

Demand 119
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U.S. Crude Oil Export Surged to New Record in 2023

R-Squared Energy

exported a record amount of crude oil in 2023. refiners had a significant demand for crude oil, but they had spent decades investing billions of dollars into processing heavy, sour crude oil. Crude Oil Exports 1920-2023. oil exports in 2023, followed by China and South Korea. exports to Europe in 2023.

Oceania 78
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? $32bn and 30% drop as market hits pause in 2023

Climate Tech VC

We've been meticulously tracking climate tech investment, deal by deal, since the term ‘climate tech’ emerged. In 2023, a challenging macro environment marked by higher interest rates and a cautious private investment market raised the hurdles for deployment.

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Investment needed to keep grid fit for purpose says Enel Grids boss

Smart Energy International

With 2023 coming to a close, the impact of climate change and rapidly increasing electricity demand have illustrated the crucial importance of grid investment to ensure the grid is fit for purpose. Not investing in the grid is like accumulating cholesterol – you find out you are in bad shape.” Join Enlit Europe in Paris.

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Europe’s grid is receiving record levels of investment. But is it enough?

Smart Energy International

Reflecting on a week of record finance results from German and Dutch utilities, Smart Energy’s Power Playbook column sees Yusuf Latief discuss grid investment plans and whether they are indicative of grid planning finally going right. And although the ramifications of this have started to show, investments seem to be able to bring relief.