Smart Energy International

FEBRUARY 9, 2024

Power grids globally must be upgraded by 2040 to keep the lights on. And while these upgrades will likely cost trillions, virtual power plants (VPPs), writes Autogrid’s Gisela Glandt , can curb these costs to the tune of $10B annually. Making 2024 count – First steps Climate conversations are now mainstream.

Home Energy Monitoring 104

Home Energy Monitoring Building Energy Monitoring Business Energy Monitoring Energy Monitor 104

Smart Energy International

MARCH 14, 2024

billion) increase to its 2024-2028 investment plan, citing the need for continued grid expansion to connect an increasing number of renewable energy facilities. billion) – 70% – of network investments will be made in Germany. Specifically, the Group invested €5.2 German network operator E.ON billion ($5.7

Business Energy Monitoring 59

Business Energy Monitoring Home Energy Monitoring Investment Building Energy Monitoring 59

Smart Energy International

OCTOBER 7, 2022

The DER company has acquired Centrica’s demand response division, bolstering their DER capacity from 5.6GW to 6.3GW. CPower closes Centrica demand response acquisition. Their services aim to help customers earn revenue for participating in demand response solutions that bolster the grid.

Energy Monitor 98

Energy Monitor Business Energy Monitoring Building Energy Monitoring Demand 98

Smart Energy International

FEBRUARY 16, 2024

However, many companies are also contending with the wider cybersecurity skills gap, making this potential solution to growing cyber risks a dead-end road, particularly for those without the budgets and investment needed to beat other competition to hiring the best talent. Take the UK for example.

Energy 119

Energy Energy Technology Investment 119

Smart Energy International

SEPTEMBER 28, 2023

bp has entered an agreement with Harmony Energy Income Trust to offer power trading and optimisation services for two battery storage systems, making use of a previously acquired AI-based platform to support the power grid during hours of peak demand.

Batteries 64

Batteries Power grid Demand Energy 64

Business Green

FEBRUARY 14, 2021

That is the conclusion of new research released today by Imperial College London on behalf of energy firm Drax, which estimates that carbon emissions from Britain's grid fell by 16 per cent last year as a result of the growth of green power and plummeting energy demand during Covid-19 lockdowns. per cent.

Fossil fuels 101

Fossil fuels Power grid Carbon-negative Hydropower 101

Smart Energy International

NOVEMBER 7, 2023

The grid operator said it anticipates working on the expansion and reinforcement of the Dutch grid at 700 locations in the Netherlands over the next decade. This is according to TenneT’s Investment Plans 2024-2033 , which outlines which projects are needed over the next ten years to make the electricity grid ready for the future.

Investment 59

Investment Power grid Europe Energy 59

GreenTechMedia

DECEMBER 27, 2019

Yet many are still struggling to understand how to value energy storage as an investment. Wood Mackenzie's latest Global Energy Storage Outlook projects that deployments will grow 13-fold over the next six years, from a 12 gigawatt-hour market in 2018 to a 158 gigawatt-hour market in 2024. In 2018, private investment in U.S.

Investment 130

Investment Energy Energy Batteries 130

Smart Energy International

OCTOBER 19, 2023

Government and grid operators in the Netherlands are taking new, urgent measures to ensure sufficient space on the Dutch power grid as demand continues to surge in the compact country. That is good news, but it also puts enormous pressure on our power grid.

Power grid 64

Power grid Government Demand Electricity 64

Smart Energy International

FEBRUARY 19, 2024

AES Ohio is proposing to invest $682.7 million in its Smart Grid Phase 2 plan over the ten-year period starting July 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?

Home Energy Monitoring 59

Home Energy Monitoring Business Energy Monitoring Energy Monitor Building Energy Monitoring 59

Smart Energy International

NOVEMBER 17, 2023

Norwegian investment in Indian transmission The Norwegian Climate Investment Fund, managed by government-owned Norfund and KLP, Norway’s largest pension company, is investing approximately $9 million for a 49% stake in the Koppal Transmission Scheme. ReNew has won three transmission projects in Karnataka to date.

Energy 118

Energy Energy North America Europe 118

Smart Energy International

NOVEMBER 7, 2023

The grid operator said it anticipates working on the expansion and reinforcement of the Dutch grid at 700 locations in the Netherlands over the next decade. This is according to TenneT’s Investment Plans 2024-2033 , which outlines which projects are needed over the next ten years to make the electricity grid ready for the future.

Investment 52

Investment Power grid Europe Energy 52

Smart Energy International

NOVEMBER 14, 2022

In addition to the obvious investments such as putting $7.5 billion toward building new renewable energy capacity over the next two decades, investing in transmission, and adding 800MW of battery storage in Missouri by 2038, the company explained how it is working to build EV charging infrastructure and reduce voltage. EV Programmes.

Investment 52

Investment Fashion Electricity Power grid 52

Charged

DECEMBER 14, 2023

The EX90 electric SUV, which is to be released in 2024, will be “the first Volvo car equipped with all the necessary hardware and (over time) software to enable bidirectional charging and direct energy storage from solar.”

Energy 110

Energy Energy Batteries Europe 110

Smart Energy International

FEBRUARY 16, 2024

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. But what do you think?

Energy Monitor 98

Energy Monitor Building Energy Monitoring Business Energy Monitoring Home Energy Monitoring 98

Smart Energy International

APRIL 10, 2024

The Electric Thames project, a collaboration between UK Power Networks, LCP Delta and Marine Zero, is assessing the viability of using electric vessels to feed stored electricity back into London’s power grid. Thames vessel and quay operators will be surveyed over the coming weeks to identify and map out their needs.

Innovation 49

Innovation Power grid Fossil fuels Electricity 49

Business Green

AUGUST 3, 2020

The link will transmit wind power generated by energy giant SSE on the islands to the UK mainland, where it will help meet electricity demand in the north of Scotland and beyond, the firms said. Capable of transmitting 600MW, the Shetland HVDC Connection is expected to be operational in 2024.

Wind power 89

Wind power Power grid Europe Construction 89

Smart Energy International

JANUARY 4, 2024

Mulilo, a South African independent power producer majority owned by Danish investment firm Copenhagen Infrastructure Partners (CIP) and EDF will partner on the three projects. The total cost of the projects is estimated to be more than R7 billion ($375 million), and construction is expected to commence in mid-2024.

Batteries 52

Batteries Africa Power grid Electricity 52

Smart Energy International

DECEMBER 16, 2023

These are issues that residents of Puerto Rico have historically demanded and that, consequently, are being addressed through this project that is being developed after a substantial allocation of funds from FEMA.” The smart meter rollout is expected to get under way by the summer of 2024 and to extend over three years. Have you read?

Building Energy Monitoring 52

Building Energy Monitoring Energy Monitor Business Energy Monitoring Resilience 52

Smart Energy International

JANUARY 29, 2024

From interconnection to market structures, US power grid operators are grappling with an onslaught of battery storage development, which has boomed due to the critical need to shore up variable renewable energy. ” Originally published by John Engel on power-eng.com. GW in 2020 to more than 14 GW by the end of 2023.

Batteries 93

Batteries Construction Power grid Retail 93

Smart Energy International

NOVEMBER 10, 2023

despite significant earning and investments over the first nine months of the financial year. The main reasons for this are increased market volatility due to uncertainties on the global supply and demand side as well as tense geopolitics. In the first nine months, investments amounted to more than €3.9 billion ($1.7 billion).

Energy 72

Energy Energy Investment Batteries 72

Low Carbon Prosperity

APRIL 24, 2021

Washington’s unique advantages (power grid, heating demand) could keep compliance costs lower. The study appears to ignore mechanisms that lower cost-burdens, particularly for low-income utility rate-payers, and investments to increase efficiency; 2.

Investment 40

Investment Power grid Demand Carbon 40

Low Carbon Prosperity

APRIL 24, 2021

Washington’s unique advantages (power grid, heating demand) could keep compliance costs lower. The study appears to ignore mechanisms that lower cost-burdens, particularly for low-income utility rate-payers that may return more than any initial cost increase, and investments to increase efficiency. [2]

Investment 40

Investment Fossil fuels Carbon Power grid 40

Business Green

DECEMBER 2, 2020

The government is aiming to get the prototype nuclear fusion plant that can provide a new source of clean energy to the UK's power grid up and running by 2040, and has committed to spending £222m on the early-stage design phase of the project.

Government 85

Government Fossil fuels Construction Power grid 85

GreenTechMedia

JUNE 17, 2020

The San Francisco-based utility is emerging from bankruptcy with a massive debt load that could make it harder to raise the tens of billions of dollars of investment needed to prevent its power grid from causing more devastating wildfires. PG&E plans to invest about $40 billion over the next five years into its power grid.

Energy Monitor 130

Energy Monitor Solar Energy Monitor Business Energy Monitoring Home Energy Monitoring 130

Business Green

JUNE 11, 2021

Clearly, there is much to do to drive investment and adoption of EVs and associated infrastructure in developing nations if the world is to avoid the worst climate change scenarios. Investments and public policy should therefore reflect that - and urgently. Huge investment needed - but perhaps not as much as it looks.

Transportation 53

Transportation Electric vehicle Electricity Demand 53

Business Green

JANUARY 6, 2023

BloombergNEF also expects costs across the sector to remain high throughout 2023, due to high raw material and labour costs, soaring demand for battery packs from automakers, and cost increases across other parts of their supply chain, such as for power conversion systems and balancing services.

Batteries 45

Batteries Fossil fuels Lithium Demand 45

Business Green

OCTOBER 26, 2021

The government described the new nuclear financing plan as a "win-win" that would help de-risk and therefore encourage more private investment, while also cutting costs for businesses and consumers, helping decarbonise the power grid, and boosting jobs and growth in the sector.

Government 63

Government Nuclear Power Construction Fossil fuels 63

Business Green

FEBRUARY 2, 2022

Could 2022 be the year in which green hydrogen produced using renewable power moves from 'nice idea' towards a mainstream, bankable investment proposition? Delta EE's research calculates that a 6GW pipeline of already-announced projects is planned by the end of 2024. A rapid growth in production is certainly needed.

Hydrogen 36

Hydrogen Fossil fuels Europe Policy 36

Smart Energy International

NOVEMBER 15, 2023

At Eaton, we’re investing $3 billion in research and development targeted at sustainable solutions by 2030. Earlier this year, Eaton announced a $300M investment in its North American manufacturing and operations to support growing demand for its electrical solutions, the company said.

Innovation 98

Innovation North America Resilience Power grid 98

Smart Energy International

DECEMBER 22, 2023

Uplight says the acquisition can lead to more customers enrolled in utility energy programs, more DER connections, and more program options for utilities, grid operators, energy producers, and businesses across increased market segments and geographies. The deal is expected to close in early 2024, pending regulatory approval.

Energy Monitor 52

Energy Monitor Business Energy Monitoring Solar Energy Monitor Power grid 52

Smart Energy International

OCTOBER 31, 2023

The bidirectional design of the Twin States line will also allow the New England grid to export power to Canada when New England is producing more energy than it needs to meet its own demand, which is expected to occur as the offshore wind industry in New England expands. Join Enlit Europe in Paris.

Energy Monitor 59

Energy Monitor Building Energy Monitoring Solar Energy Monitor Energy 59

Business Green

JANUARY 24, 2024

More worrying still, the government and EDF are yet to finalise the additional investors that would allow the project to reach its final investment decision this year. It looks even more demanding following yesterday's update. That would see four reactors powering down before Hinkley Point comes online.

Government 101

Government Nuclear Power Investment Energy 101

Business Green

DECEMBER 9, 2020

At present, investment in delivering the net zero goal stands at around £10bn a year in the UK. But by 2030 this figure will need to rise to £50bn a year, with much of the investment coming from the private sector. Unabated gas-fired power generation should be fully phased out by 2035.

Carbon 94

Carbon Fossil fuels Policy Government 94

Climate Tech VC

MARCH 11, 2024

Consider this an important first, a base to build further disclosure mandates off of, and a harbinger of the increasing politicization of investing and climate.  ⚡ Gridcog , a London, UK-based power grid asset management platform, raised $4m in Seed funding from AlbionVC. Climate disclosure as fiduciary duty.

Business Energy Monitoring 61

Business Energy Monitoring Building Energy Monitoring Energy Monitor Solar Energy Monitor 61

GreenTechMedia

DECEMBER 21, 2020

Developers in the space are concerned that the coronavirus pandemic’s impact on the economy will depress demand for tax equity investments, as banks and financial institutions will have less appetite for credits to offset tax liabilities in a year when profits were depressed. The massive spending bill awaiting passage by the U.S.

Packaging 130

Packaging Nuclear Power Energy Energy 130

Business Green

NOVEMBER 11, 2022

Last year, I committed to work with our Congress to quadruple our climate finance to provide $11bn annually by 2024, including $3bn for adaptation," he said. His] ambitious actions at home now need to be matched by equally robust investments to advance climate action abroad.

Fossil fuels 36

Fossil fuels Methane Asia Agriculture 36