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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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Enel unveils plan for €18.6bn grid investment 

Smart Energy International

Italy’s Enel Group has announced a new investment strategy for the period 2024-2026, doubling down on grid investments and being more selective in renewables. The nearly €19 billion for grid investments will focus on improving quality, resiliency and digitalisation of the power grid, alongside new connections.

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Joint industry project to standardise HVDC transmission connections in US

Smart Energy International

The project is being coordinated alongside 10 transmission and offshore wind developers, including Atlantic Shores Offshore Wind, EDF Renewables, Equinor, Invenergy, National Grid Ventures, Ocean Winds, PPL TransLink WindGrid, RWE, Shell and TotalEnergies. Barnes, region president, Energy Systems North America at DNV. “It

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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.

Energy 118
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US regional TSOs team up on interregional transfer capability study

Smart Energy International

MISO and PJM, two regional transmission system operators (RTOs) announced that they will collaborate on an informational interregional transfer capability study, set to be performed during the second half of 2024.

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Extreme weather preparedness a top concern for US utilities, Wi-SUN finds

Smart Energy International

ESB Networks to use digital twin to mitigate weather impacts on the grid Extreme weather pushes power grids to the brink – Is AI the answer? The study was conducted for the Wi-SUN Alliance by Censuswide in February 2024. Have you read?

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FirstEnergy sells 30% stake in transmission subsidiary for $3.5bn

Smart Energy International

billion in interest-bearing notes due from Brookfield, which are expected to be paid off by the end of 2024. FirstEnergy said some proceeds from the transaction will be used to support its five-year, $26 billion Energize365 grid investment program. The Ohio-headquartered electric utility company received $2.3 billion in 2022. .