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Australia’s market operator contracts Enel X for VPP flexibility

Smart Energy International

Enel X Australia has secured a contract from the Australian Energy Market Operator (AEMO) to provide 120MW of flexible demand capacity to the Western Australia wholesale energy market. The VPP aggregates the energy savings of these participants, providing additional capacity to the grid when required.

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Smart Energy Finances: Growth financing for AI-based network resilience

Smart Energy International

This week’s Smart Energy Finances looks at an investment round for Neara, an Australian company that has developed a platform that uses AI to help utilities design networks, enhance wildfire and vegetation management programmes and bring renewable projects online faster. million) for Shanghai Electric Energy Storage Technology.