Remove 2023 Remove North America Remove Power grid Remove Solar Energy Monitor
article thumbnail

Smart Energy Finances: Hitachi Energy acquires eks Energy

Smart Energy International

Swiss tech major Hitachi Energy has acquired eks Energy in a strategic move to add power and electronics and energy management software to their ever-growing portfolio. Hitachi Energy called the move part of its strategy to meet global demand for battery energy storage solutions.

article thumbnail

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% annually through 2026.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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. Customers can also stack the benefits of payments for solar generation on top of this.

article thumbnail

Eavor publishes 4-year update on Eavor-Lite demonstration project in Canada

ThinkGeoEnergy

The laterals are approximately 1700 meters long and have been drilled within the Rock Creek formation at 2400 meters depth. Output and uptime Eavor-Lite has produced 20 GWh of thermal energy since start-up. with the only downtime attributed to a 3rd party power outage. cubic meters per day.

article thumbnail

SDG&E unveils innovative microgrids in grid resilience bid

Smart Energy International

Californian utility San Diego Gas & Electric (SDG&E) has unveiled four new microgrids with advanced remote operation capabilities and safety technologies to help enhance grid reliability.

article thumbnail

AI can significantly improve grid management reports DOE

Smart Energy International

Artificial intelligence (AI) has the potential to significantly improve key areas of grid management, a new US Department of Energy report finds. However, it is crucial that new AI use cases do not introduce new risks to the grid, the report states. Have you read?

article thumbnail

Consumers Energy seeks rate hike for grid modernisation

Smart Energy International

Investor-owned utility, Consumers Energy has proposed a $272 million investment in Michigan’s electric grid in what it said is a bid to increase reliability and prepare the grid for more renewable energy. In the second half of 2021, Consumers Energy filed a five-year, $5.4 per month.