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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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Baker Electric Home Energy Launches ChargeOn Battery Rewards Program

CleanTech San Diego

Cleantech San Diego member Baker Electric Home Energy, a leading solar, battery, and home energy solution provider, has announced the launch of its ChargeOn Battery Rewards Program in partnership with sonnen, a global market leader in smart energy storage and virtual power plant (VPP) technology.

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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% However, the demand is expected to rise, growing by an average of 3.4%

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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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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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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.