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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%

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Private 5G/4G cellular networks gain popularity as grids modernise

Smart Energy International

It’s estimated that private cellular networks for utilities will account for nearly $2 billion in cumulative infrastructure spending between 2023 and 2026. 450connect is rolling out a nationwide 450 MHz LTE network for the digitisation of energy and water utilities as well as other critical industries in Germany. Have you read?

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WoodMac: Wind, Solar and Storage to Dominate Europe’s Power Grid by 2030

GreenTechMedia

Europe's power system will look very different in 2030, with energy storage supporting the “dominance” of wind and solar generation, according to new research from Wood Mackenzie. Most of that will come from front-of-the-meter battery systems. The big five European markets — Germany, U.K.,

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Looming Grid Shortfall Prompts 2.5GW California Procurement Proposal

GreenTechMedia

State regulators have proposed a major set of responses to what could be a looming grid reliability shortfall in Sothern California, including a 2.5-gigawatt gigawatt reliability resources procurement between 2021 and 2023. gigawatts by 2023. gigawatts by 2023. Fitch wrote in Thursday’s proposed decision.

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? US clean investment cleans up with $239bn #187

Climate Tech VC

The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Total 2023 investment was up 133% compared to the prior year. Energy & industry. Meanwhile, wind investment slipped 37% in 2023, reflecting the year’s headwinds in wind.