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The clean energy transition is just getting started with much more to come in 2024

Smart Energy International

shares his expectations for the clean energy transition in 2024. In 2024, the race to set and achieve bold clean energy targets will intensify. Fortunately, an economy powered by renewable energy is potentially much more secure and resilient than one reliant upon fossil fuels. Have you read? GW of storage online by 2030.

Energy 106
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3 Ways to Boost Grid Resilience During Heat Waves

AutoGrid

Transmission upgrades are vital to help build the net zero carbon grid of the future by integrating large-scale solar and wind farms into the nation’s power grids. Our progress report for summer 2024? Our progress report for summer 2024? DR is the first line of defense to stretch thin power supplies.

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California Shifts $100M in Behind-the-Meter Battery Incentives to Low-Income Communities

GreenTechMedia

Amid massive wildfires, rolling blackouts and the continued threat of large-scale grid outages, California is shifting more than $100 million of its $1.2 billion Self-Generation Incentive Program budget to help low-income communities install about 100 megawatts of stalled behind-the-meter battery projects. California Sen.

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Enel unveils plan for €18.6bn grid investment 

Smart Energy International

Italy’s Enel Group has announced a new investment strategy for the period 2024-2026, doubling down on grid investments and being more selective in renewables. The nearly €19 billion for grid investments will focus on improving quality, resiliency and digitalisation of the power grid, alongside new connections.

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

Smart Energy International

Have you read: bp to deploy AI for battery to grid flexibility IEA net zero update reiterates need for rapid grid expansion The System of Enablement will also enable insights into how existing electricity network infrastructure can be optimised to remove renewable integration constraints associated with network availability and accessibility.

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Investment needed to keep grid fit for purpose says Enel Grids boss

Smart Energy International

What we need to work on is (grid) investments.” People want this ability – more connections from batteries to be the most independent in their consumption.” However, added Armani, “what is not happening is (making) grids available and able to manage all of this energy production. “In With plans to spend €35.8

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Smart Energy Finances: Norwegian investors buy 49% stake in Indian transmission scheme

Smart Energy International

Also on the radar are the closing of Gridmatics’ storage fund, Siemens’ financial safety net and the sale of a 410MW battery storage pipeline. Funding update: Gridmatic’s second closing Gridmatic, an AI-enabled power marketer, has announced the second closing of its first energy storage fund, bringing capital commitments to $50 million.

Energy 118