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Xcel Energy to instal 260,000 smart meters in Wisconsin

Smart Energy International

Xcel Energy has announced the start of the rollout of smart electricity meters in its Wisconsin service territory. The installations will start in the company’s southern communities and will lead to the installation of more than 260,000 of the new smart meters in the service area through 2025. million electricity and 2.1

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Puerto Rico’s 1.5 million smart meter replacement get go ahead

Smart Energy International

Puerto Rico utility Luma’s smart meters will replace the almost 1.5 million meters that were damaged by Hurricane Maria in September 2017. Other benefits anticipated include faster service response and restoration times, support for new energy savings and efficiency programmes and more accurate invoicing and billing control.

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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. The rest of the process is automated.

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Smart Energy Finances: CPower closes Centrica demand response acquisition

Smart Energy International

Centre stage in this week’s Smart Energy Finances is the closing of an acquisition by CPower. CPower helps DER owners with flexible capacity across industries, including big box retail, commercial real estate, data centers, crypto mining sites, education, healthcare and government, and manufacturing. GW of #DER capacity!

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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.

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Global grids investment starting to pick up – IEA

Smart Energy International

The IEA has reported that grids investment is expected to reach $400 billion in 2024, with Europe, the US, China and parts of Latin America leading the way. In 2023, the investment in the grids was about $375 billion, up from less than $350 billion in the previous year. Have you read?

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AES Ohio proposes next phase of smart grid advancement

Smart Energy International

At the foundation of the smart grid is smart meters and AES Ohio expects to have deployed these to 95% of customers by June 2025. The smart grid phase 2 plan has three principal components – automation of distribution operations, advanced grid intelligence and telecommunications and cybersecurity. Have you read?