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Managing power grid complexity: The 5 biggest priorities for utilities in 2024

Smart Energy International

In today’s distributed energy system, managing power grid complexity is challenging. But grid operators are often handling these changes with an ageing infrastructure that wasn’t built with a distributed energy system in mind. What is grid orchestration and why is it critical in 2024?

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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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Reaching COP28 energy goals requires real VPP progress in 2024

Smart Energy International

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.

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Smart Energy Finances: Navigating the 2024 energy landscape

Smart Energy International

This final 2023 edition of Smart Energy Finances Weekly looks into key deals from the last year and different trends to keep your eye on as we transition into 2024. Think AI-boosted investment platforms, moves to ease up grid connection queues and top tech players to watch.

Energy 96
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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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Energy cybersecurity in 2024: Building accountability and responsibility

Smart Energy International

Whilst still limited in its impact in Ukraine, cyber skills have developed into weaponry for war, and power grid operators are already being caught in the crossfire. We have also seen demand for this training from other critical infrastructure sectors including gas, water and transport too.

Energy 120
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Bullet EV launches as installer of EV chargers, solar panels and battery storage systems

Charged

Newly launched renewables services company Bullet EV , headquartered in Austin, Texas, has announced its goal of taking on the challenges of EV charger scarcity, a strained power grid and volatile electricity rates. The company plans to expand nationally during 2024. Source: Bullet EV