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Five priorities for US utilities in 2024

Smart Energy International

According to West Monroe, in the US specifically, there are five priorities for utilities in 2024: decarbonisation and integrated electrification and gas planning; decentralised and virtual power supplies; transmission infrastructure needs; resiliency and security objectives; system operations digitisation.

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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% The update finds that world demand for electricity grew by 2.2% in 2023, less than the 2.4%

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Smart Energy Finances: CPower closes Centrica demand response acquisition

Smart Energy International

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.

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

Smart Energy International

The Indian scheme was awarded in fiscal year 2022 and covers the construction of a new 400/220kV substation at Koppal along with 144km of 400kV direct current transmission line with extension of the 40kV GIS Bays at the PGCIL (Power Grid Corporation of India Ltd) Narendra substation.

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AES Ohio proposes next phase of smart grid advancement

Smart Energy International

The smart grid phase 2 plan has three principal components – automation of distribution operations, advanced grid intelligence and telecommunications and cybersecurity. Have you read? The plan filings point to a number of challenges and opportunities that have driven the phase 2 vision.

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

Smart Energy International

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?

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Smart Energy’s Power Playbook: Revving up the V2G market

Smart Energy International

The systems involve electric-powered vehicles communicating with the power grid to sell demand response services, usually overseen by a third party, such as energy retailers or aggregators. The new service features Nissan-unique energy management technology that controls the charging and discharging of EV batteries.