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

GreenTechMedia

France, Italy and Spain — will get the majority of their power from wind, solar and other variable renewable energy sources as early as 2023, WoodMac says. As that variable output surges, Europe has four options for balancing out its grid: pumped hydro, gas peakers, energy storage and interconnectors.

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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. in 2023, less than the 2.4% In 2023 the share of electricity in final energy consumption is estimated to have reached 20%, up from 18% in 2015. Have you read?

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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. French multinational electric utility group EDF is deploying private mobile networks to bring secure cellular connectivity to its nuclear power plants.

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ComEd Bribery Scandal Clouds Picture for Exelon’s Illinois Nuclear Plants

GreenTechMedia

” At the same time, Crane noted the company is “in the middle of trying to work through legislative strategy in Illinois” that would offer its nuclear power plants in the state an alternative path to earning capacity market revenue that is seen as a critical component of their future financial viability.

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New UK DERMS Project Targets Flexibility Across Distribution and Transmission Grids

GreenTechMedia

will lay the foundations for a flexibility platform encompassing centralized and decentralized assets — the latest step in the country's push to enlist distributed energy resources (DERs) at grand scale to balance an increasingly renewable-powered grid. A new active network management project in the U.K.

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

Climate Tech VC

  Lots of spice for clean investment this week. The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. 14% of total investment came from the feds, with $33.7B 14% of total investment came from the feds, with $33.7B Happy Monday! 

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UK renewables overtake gas to become UK's top electricity generator this winter

Business Green

Renewables has overtaken gas to become the biggest single source of power on the UK grid so far this winter, with power generated by wind, hydro and solar reaching a record 34TWh from 1 October 2022 to 13 January 2023.