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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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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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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. GW of #DER capacity!

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

Smart Energy International

With 2023 coming to a close, the impact of climate change and rapidly increasing electricity demand have illustrated the crucial importance of grid investment to ensure the grid is fit for purpose. What we need to work on is (grid) investments.” With plans to spend €35.8

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Tackling the energy transition with a grid that can sense, think, and act

Smart Energy International

The hard truth is that the majority of electric grids were not originally designed to accommodate DERs, writes Dominique Verhulst, head of the Energy Segment at Nokia’s Network Infrastructure Group. All this ratchets up the importance of transforming the power grid into a dynamic entity that can sense, think, and act.