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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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Cars instead of cables: V2G’s potential to enhance a flexible energy system

Smart Energy International

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.

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Baker Electric Home Energy Launches ChargeOn Battery Rewards Program

CleanTech San Diego

Cleantech San Diego member Baker Electric Home Energy, a leading solar, battery, and home energy solution provider, has announced the launch of its ChargeOn Battery Rewards Program in partnership with sonnen, a global market leader in smart energy storage and virtual power plant (VPP) technology.

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How today’s technology can support the energy system of tomorrow

Smart Energy International

As energy policy and politics shift globally, business flexibility will be a necessity for the success of the energy transition. Well, not quite, because anyone who has even briefly scanned the news over the last few months will have noted the shift in the political mood music around energy policy across the world.

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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% in 2023, less than the 2.4% However, the demand is expected to rise, growing by an average of 3.4%

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California Shifts $100M in Behind-the-Meter Battery Incentives to Low-Income Communities

GreenTechMedia

Amid massive wildfires, rolling blackouts and the continued threat of large-scale grid outages, California is shifting more than $100 million of its $1.2 billion Self-Generation Incentive Program budget to help low-income communities install about 100 megawatts of stalled behind-the-meter battery projects. California Sen.

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

Smart Energy International

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. This is what has caught our eye.