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. Across Europe, there are massive expansion plans for renewable energy facilities that will need to be connected to networks,” said E.ON billion ($5.7 billion ($1.2

Business Energy Monitoring 59

Business Energy Monitoring Home Energy Monitoring Investment Building Energy Monitoring 59

Smart Energy International

MAY 3, 2024

In this edition of Smart Energy’s Power Playbook, Yusuf Latief looks into Q1 financing results within the smart grid sector, highlighting the top five deals made, all of which revolve around EV charging companies. According to Mercom’s report, smart grid corporate funding came to $686 million in 14 deals in Q1 2024, compared to $1.1

Europe 95

Europe Investment Startups Electric vehicle 95

Smart Energy International

MARCH 13, 2024

As the Dutch-German TSO TenneT investigates the sale of its German operations to the Federal government, its annual investments are expected to grow to at least €10 billion ($10.9 billion), spurred by the call for grid expansion. In 2023, Tennet invested €7.7 billion ($8.4 billion ($3.2 billion) and Germany at €4.8 billion ($5.2

Investment 52

Investment Power grid Government Sustainability 52

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 59

Investment Power grid Europe Energy 59

Smart Energy International

DECEMBER 4, 2023

The announcement was made at the COP28 climate conference and includes support in the form of a project-level grant commitment of up to €35,000,000 ($38,000,000) from Breakthrough Energy Catalyst and €25,000,000 ($27 000,000) venture debt financing commitment from the European Investment Bank.

Batteries 52

Batteries Europe Investment 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.” Volvo’s data shows that the average daily drive in Europe uses less than 10 kWh.

Energy 110

Energy Energy Batteries Europe 110

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

MAY 10, 2024

In total investment, this drums up to $48 trillion, far below the needed $75 trillion. By segment, they state, with the delays, the oil and gas sector’s CAPEX rises to 31% while power sector spending remains at its current level of 60%.

Energy 64

Energy Energy Hydrogen Global warming 64

Smart Energy International

MAY 1, 2024

Although the electrification of road transportation represents a significant challenge to our energy systems, adding pressure on power grids at the national and local levels, V2G provides immense potential as a source of flexibility to support the energy system of tomorrow, explains Francesco Nobili of Charles River Associate (CRA) Energy.

Business Energy Monitoring 98

Business Energy Monitoring Home Energy Monitoring Energy Monitor Energy 98

Smart Energy International

NOVEMBER 3, 2023

Also on the radar is the launch of AI software company Rhizome, a climate resilience planning platform for the power grid. The company, known for its energy market simulation software, is calling the acquisition a move to scale up and improve its platform in support of grid reliability and the energy transition.

Energy 64

Energy Energy Resilience Power grid 64

Smart Energy International

MARCH 11, 2024

With a capacity of over 60GWh, the programme is expected to make up 15 to 20% of the UK’s battery energy storage system needs by 2024. million) towards developing substations to help speed up connections to the power grid. Alongside the upcoming battery pipeline, the company announced the allocation of over £600 million ($770.6

Batteries 52

Batteries Power grid Investment Energy 52

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

AUGUST 3, 2020

Major milestone reached for pioneering green grid project. A major renewable energy infrastructure project is to bring wind power from Shetland to the UK mainland via Europe's first multi-terminal high-voltage direct-current (HVDC) interconnection, the firms behind the development announced yesterday.

Wind power 89

Wind power Power grid Europe Construction 89

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

NOVEMBER 10, 2023

despite significant earning and investments over the first nine months of the financial year. continued to expand its investments in both energy networks and sustainable customer solutions, significantly increasing them compared with the same period last year. In the first nine months, investments amounted to more than €3.9

Energy 72

Energy Energy Investment Batteries 72

Smart Energy International

OCTOBER 7, 2022

billion energy acquisition of Con Edison business assets, expansion into Europe of an online renewable asset trading platform, a new electric vehicle (EV) initiative from SMS to ease financial constraints for UK businesses and an IIoT acquisition by an energy tech designer. Investing in green energy innovation in Rotterdam.

Energy Monitor 98

Energy Monitor Business Energy Monitoring Building Energy Monitoring Demand 98

Smart Energy International

SEPTEMBER 29, 2023

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.

Business Energy Monitoring 69

Business Energy Monitoring Energy Monitor Building Energy Monitoring Resilience 69

Smart Energy International

MARCH 8, 2024

Utilities have increasingly recognised the increasing urgency of consumption management on the power grid as a high priority. However, says Garret Fitzgerald of the Smart Electric Power Alliance (SEPA), although its importance is clear, this clarity is a recent phenomenon. If they come, we’ll manage it.’”

Energy 105

Energy Energy Investment Smart Cities 105

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

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.

Energy Monitor 98

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

Business Green

JANUARY 6, 2023

But if the next two years could result in a worrying setback for energy storage and the clean energy transition, BloombergNEF said it expected the recent increase in battery costs to be short-lived, predicting that costs could start to decline again from 2024, before dropping below 2021 prices in 2026.

Batteries 45

Batteries Fossil fuels Lithium Demand 45

Climate Tech VC

MARCH 4, 2024

  Lots of spice for clean investment this week. The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. 14% of total investment came from the feds, with $33.7B 14% of total investment came from the feds, with $33.7B Happy Monday! 

Energy Monitor 111

Energy Monitor Investment Building Energy Monitoring Solar Energy Monitor 111

Business Green

FEBRUARY 2, 2022

A 6GW pipeline of green hydrogen projects is being primed in the UK and Europe over the next two years, but experts fear key pieces of the policy puzzle still need putting in place. Could 2022 be the year in which green hydrogen produced using renewable power moves from 'nice idea' towards a mainstream, bankable investment proposition?

Hydrogen 36

Hydrogen Fossil fuels Europe Policy 36

Smart Energy International

OCTOBER 20, 2023

SuperBattery & supercapacitor financing Skeleton Technologies, which develops fast-charging energy storage for transportation, grid, automotive and industrial applications, has announced the closing of a €108 million ($114 million) funding round to develop next-generation tech, including new high-power battery technology.

Energy 115

Energy Energy Packaging Batteries 115

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

Smart Energy International

OCTOBER 31, 2023

National Transmission Needs Study The National Transmission Needs Study serves as DOE’s triennial state of the grid report and is an assessment of current and near-term future transmission needs through 2040. Join Enlit Europe in Paris. Register now Originally published by Sean Wolfe for, and edited with permission from, Power Grid.

Energy Monitor 59

Energy Monitor Building Energy Monitoring Solar Energy Monitor Energy 59

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

Business Green

JUNE 25, 2021

However, it also includes multi-billion dollar support for a range of clean infrastructure projects, including power grid, carbon capture, hydrogen, battery manufacturing, direct air carbon capture, electric vehicle (EV), and climate resilience initiatives. New plans revealed for European sleeper train network.

Electric vehicle 46

Electric vehicle Government Law Investment 46