Smart Energy International

MAY 3, 2024

According to Mercom’s report, smart grid corporate funding came to $686 million in 14 deals in Q1 2024, compared to $1.1 billion in 18 deals in Q1 2023 and $314 million in 12 deals in Q4 2023. In a QoQ comparison, funding in Q1 2024 was 197% higher compared to Q4 2023, when $221 million was raised in 10 deals.

Europe 86

Europe Investment Startups Electric vehicle 86

Smart Energy International

FEBRUARY 7, 2024

Roman DSO Areti’s project RomeFlex will test the capital city’s ability to manage congestion and voltage volatility across its stressed power grids. Successfully completed in August 2023, Platone was a four-year Horizon 2020-funded European project. “With RomeFlex, Areti is confirming its pioneering spirit. “It

Power grid 59

Power grid Europe Innovation Demand 59

Business Green

FEBRUARY 18, 2020

Britain added more onshore and offshore wind capacity than any other country in Europe last year at 2.8GW, latest industry figures show. Climate neutrality and the Green Deal require Europe to install over twice as much new wind energy each year as it managed in 2019," said WindEurope CEO Giles Dickson.

Wind power 91

Wind power Europe Power grid Investment 91

Smart Energy International

MARCH 14, 2024

Across Europe, there are massive expansion plans for renewable energy facilities that will need to be connected to networks,” said E.ON That’s why we’re investing even more and even faster in our power grid infrastructure, which is set to continuously grow by an average of ten percent annually through 2028.” In 2023, E.ON

Business Energy Monitoring 59

Business Energy Monitoring Home Energy Monitoring Investment Building Energy Monitoring 59

Smart Energy International

DECEMBER 21, 2023

This final 2023 edition of Smart Energy Finances Weekly looks into key deals from the last year and different trends to keep your eye on as we transition into 2024. Think AI-boosted investment platforms, moves to ease up grid connection queues and top tech players to watch.

Energy 96

Energy Energy Power grid Investment 96

Smart Energy International

MARCH 19, 2024

million) green loan to expand the electricity distribution grid in Spain. The loan will finance smart power grid development and expansion, facilitating the integration of renewable energy sources and new connections of clean tech assets, such as heat pumps and EVs. Of the loan, an initial €500 million ($542.7 billion ($59.1

Power grid 105

Power grid Investment Energy Energy 105

Smart Energy International

NOVEMBER 17, 2023

LV Insights X is an off-the-shelf solution that was launched in June 2023 for low voltage grid management. Join Enlit Europe in Paris. Implementing LV Insights X is the next milestone in our partnership with ASCR, incorporating valuable insights gained from a fruitful collaboration. Register now

Smart Cities 105

Smart Cities Power grid Europe Energy 105

Smart Energy International

DECEMBER 23, 2023

As a 2020 investment into electrical equipment company Arteche comes to a close, the Europe’s Investment Bank (EIB) has announced a new loan agreement with the company, doubling down on its research and innovation expertise. In 2020, the two announced financing of €27 million ($29.7

Innovation 64

Innovation Electricity Power grid Fossil fuels 64

Smart Energy International

NOVEMBER 24, 2022

A large-scale battery storage system from Rolls-Royce – touted to be the largest in the Netherlands – is the latest to help the Dutch grid manage its overflow of renewable connections. As a surplus of renewables have been coming online to the Dutch power grid, a new problem has unfolded – that of being at capacity.

Batteries 122

Batteries Europe Power grid Energy 122

Smart Energy International

MARCH 7, 2024

Integrating EV charging into the power system remains a key barrier in the face of the e-mobility ecosystem, states the latest e-mobility report from Eurelectric and EY. According to Eurelectric, EVs are booming in Europe. Sales grew by 25% in 2023, with EVs accounting for more than one in five new cars sold.

Batteries 103

Batteries Transportation Power grid Energy 103

Smart Energy International

NOVEMBER 17, 2023

The Indian scheme was awarded in fiscal year 2022 and covers the construction of a new 400/220kV substation at Koppal along with 144km of 400kV direct current transmission line with extension of the 40kV GIS Bays at the PGCIL (Power Grid Corporation of India Ltd) Narendra substation. Also from Smart Energy Finances: E.ON

Energy 118

Energy Energy North America Europe 118

Smart Energy International

DECEMBER 4, 2023

With upgrading and modernising the power grid system gaining increased importance and recognition as a non-negotiable for net zero, the question abounds: do we know what the future grid system will look like? According to executives from across the energy sector, we don’t.

Power grid 52

Power grid Europe Retail Energy 52

Smart Energy International

JANUARY 22, 2024

Acknowledging that the world at the end of 2023 is an increasingly challenging one, Eric Dresselhuys of ESS Inc. The year 2023 was a record-setting year for investment and growth in clean energy, with the International Energy Agency projecting over 500GW of new renewable capacity to come online by year-end globally.

Energy 106

Energy Energy COP Policy 106

Smart Energy International

SEPTEMBER 7, 2023

“Even if we (fully leverage) digitalisation and coordination with and between TSOs; even then we will need massive investments to connect new generation, for the solidarity between regions and countries of Europe and, in particular, for the sharing of flexibilities we will need for tomorrow.” Europe needs to invest €584 billion ($624.6

Investment 59

Investment Europe Fossil fuels Power grid 59

Smart Energy International

SEPTEMBER 4, 2023

The Dutch companies are calling it the first ‘capacity restriction’ contract, which will see Eneco gear electricity supply from a wind project in Farmsum to meet the load on the power grid, a technique to avoid peak demand periods known as congestion management. The contract takes effect on 1 September 2023.

Power grid 64

Power grid Energy Energy Demand 64

Business Green

JULY 13, 2020

Plans to enable the UK to share renewable energy with countries across northern Europe took a major step forward today, as construction began on an electricity interconnector linking the country's power grid with its Denmark's national network.

Construction 101

Construction Europe Power grid Electricity 101

Smart Energy International

MARCH 13, 2024

billion), spurred by the call for grid expansion. In 2023, Tennet invested €7.7 year-over-year, over the course of 2023 underlying revenues decreased by €600 million ($655 million) to €9.2 In the Netherlands specifically, the power grid has continued to reach capacity, despite record investments from its operators last year.

Investment 52

Investment Power grid Government Sustainability 52

Smart Energy International

FEBRUARY 7, 2024

The company, which operates from Delaware, US, has said that, with pipeline growth to 6GWh in 2023, the company is doubling down on utility-scale battery energy storage systems (BESS) as a priority focus for 2024 and beyond. The company now aims to more than double its greenfield origination pipeline to more than 6GWh.

Batteries 52

Batteries Technology Power grid Energy 52

Smart Energy International

FEBRUARY 8, 2024

In its National Quantum Strategy published in March 2023, the UK government identified the potential for quantum technologies to offer solutions towards the management and optimisation of the national energy infrastructure, among other areas in the energy sector.

Building Energy Monitoring 69

Building Energy Monitoring Business Energy Monitoring Energy Monitor Energy 69

Business Green

OCTOBER 14, 2020

France has an abundance of nuclear power generation, while the UK's growing renewable energy capacity from offshore wind farms in particular is set to enable it to sell increasing amounts of its surplus generation to Europe in the coming years.

Nuclear Power 101

Nuclear Power Fossil fuels Europe Power grid 101

Smart Energy International

SEPTEMBER 8, 2023

This week’s Smart Energy Finances looks at the reported sale of German virtual power plant and battery energy storage developer sonnen by Shell as a part of its retail divestment strategy. So far, sonnen has had a very strong 2023 with an expected turnover of €450 million ($482 million). billion ($1.4 billion) and €1.8 billion ($1.9

Energy 69

Energy Energy Natural gas North America 69

Smart Energy International

JANUARY 16, 2023

Russian shelling has caused further disruption on Ukraine’s power grid as two more thermal power plants were hit on January 14. To date, Russian attacks have damaged more than 11,000 pieces of DTEK’s thermal power plants’ equipment and 5-6 million people in the country are affected by resulting widespread blackouts.

Europe 52

Europe Power grid Energy Energy 52

Smart Energy International

OCTOBER 27, 2023

As the world transitions to more renewable energy sources, the global demand for battery energy storage systems (BESS) continues to surge and is expected to grow more than 20% per year through 2030, states Hitachi Energy, citing Bloomberg New Energy Finance’s (BNEF’s) 2023 Energy Storage Outlook.

Energy Monitor 119

Energy Monitor Business Energy Monitoring Solar Energy Monitor Energy 119

Smart Energy International

OCTOBER 30, 2023

The deployment by grid technology company LineVision includes 42 LUX non-contact sensors and forms part of a joint project to assess how grid-enhancing technologies may increase the transmission capacity on the existing power grid. Join Enlit Europe in Paris. Have you read? Register now

Technology 59

Technology Power grid Resilience Energy 59

Smart Energy International

OCTOBER 7, 2022

billion energy acquisition of Con Edison business assets, expansion into Europe of an online renewable asset trading platform, a new electric vehicle (EV) initiative from SMS to ease financial constraints for UK businesses and an IIoT acquisition by an energy tech designer. Renewables asset online platform expands into Europe.

Energy Monitor 98

Energy Monitor Business Energy Monitoring Building Energy Monitoring Demand 98

Smart Energy International

SEPTEMBER 18, 2023

The assignment began in May 2023, extends until 2031 and is valued at just over SEK50 million ($4.5 Sweco is participating in these efforts by analysing and compiling input data and by evaluating the measures to be implemented to ensure that the lines are operationally secure and safe.

Power grid 69

Power grid Investment Resilience Electricity 69

Smart Energy International

NOVEMBER 3, 2023

Also on the radar is the launch of AI software company Rhizome, a climate resilience planning platform for the power grid. The company, known for its energy market simulation software, is calling the acquisition a move to scale up and improve its platform in support of grid reliability and the energy transition. “The

Energy 64

Energy Energy Resilience Power grid 64

Smart Energy International

FEBRUARY 29, 2024

German grid operator E.DIS Netz has reported putting into operation its first radio site on the 450MHz radio network. The first radio site successfully started operation at E.DIS north of Berlin in late 2023, with the first use case for smart metering.

Energy Monitor 59

Energy Monitor Business Energy Monitoring IoT Power grid 59

GreenTechMedia

MARCH 1, 2021

Green hydrogen is both an untested and a potentially vital way for renewable-energy-powered grids to store their intermittent power for later use, not just for hours at a time, but for days, weeks or even seasons ahead. gigawatt Okeechobee power plant, and it could be online by 2023.

Hydrogen 130

Hydrogen Energy Energy Natural gas 130

GreenTechMedia

NOVEMBER 21, 2019

The largest natural gas infrastructure firm in Europe has launched a new hydrogen business and increased its financing for low carbon projects. Snam, which runs the Italian gas grid and is active in France, Greece and the U.K., The company's recent strategic documents lean heavily on renewable gas, power-to-gas, and hydrogen.

Hydrogen 100

Hydrogen Natural gas Europe Power grid 100

Smart Energy International

OCTOBER 17, 2023

In a bid to speed up the delivery and completion of critical power grid projects, Alliander, parent company of Dutch utility Liander, has signed a framework agreement with Twentsche Kabelfabriek (TKF) to ensure a steady supply of 50kV cables for Liander projects.

Power grid 59

Power grid Demand Electricity Energy 59

Smart Energy International

FEBRUARY 16, 2024

The systems involve electric-powered vehicles communicating with the power grid to sell demand response services, usually overseen by a third party, such as energy retailers or aggregators.

Energy Monitor 98

Energy Monitor Building Energy Monitoring Business Energy Monitoring Home Energy Monitoring 98

Smart Energy International

OCTOBER 13, 2022

However, in due course it could be expanded to others such as Europe, to which GM has indicated that it intends to return with its Ultium platform, which forms the basis for its growing range of EVs. GM repurposes vehicle hydrogen tech for power supply Electric Vehicle Charging: 3 of the UK’s most common questions. Have you read?

Energy 52

Energy Energy Electric vehicle Power grid 52

Smart Energy International

MARCH 26, 2024

Although Europe has not yet lost its first-mover advantage, the US is a hair’s breadth behind. Grid orchestration, the dispatch of flexible clean tech assets, may prove key to maintaining Europe’s competitive streak. The report highlights that Europe has focused for too long on renewables as the ‘lowest hanging fruit’.

Power grid 69

Power grid Europe Energy Energy 69

Smart Energy International

APRIL 18, 2022

The system, which is expected to become operational by end of 2023, paves the way for the DSO to operate a smarter grid and make advancements in its digital transformation journey, according to a statement. The energy transition is putting tremendous pressure on power grids worldwide.

Energy Monitor 52

Energy Monitor Energy Energy Power grid 52

Smart Energy International

DECEMBER 21, 2023

Energy Networks Association (ENA) in the UK has set out an industry action plan to release enough grid capacity in the next year to decarbonise Great Britain’s power grid. With an additional 112GW of capacity already installed, the 139GW this action plan delivers exceeds the 225GW needed to decarbonise the grid, states ENA.

Building Energy Monitoring 52

Building Energy Monitoring Energy Monitor Power grid Technology 52

Business Green

JANUARY 22, 2021

As with the rest of the growing fleet of UK interconnectors the cable is designed to expediate trade in power between different countries, making it easier for grid operators to balance grids across northern Europe that are increasingly reliant on intermittent renewable power generation.

Europe 73

Europe Power grid Wind power Carbon 73