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

Smart Energy International

New research from the Wi-SUN Alliance finds that advanced weather prediction tops the list of initiatives that US utilities are undertaking to ensure better network resilience. Other top initiatives are renewable energy integration, grid modernisation and microgrids and disaster response and recovery plans.

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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. Also from Smart Energy Finances: E.ON

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Smart Energy Finances: Growth financing for AI-based network resilience

Smart Energy International

These models aim to help eliminate network monitoring blind spots in stress-testing grid resilience and improve severe weather response while reducing reliance on manual field surveys. Looking ahead, Shanghai Electric Energy Storage has plans to launch a Series B financing campaign in 2024. billion ($300.9

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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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Xcel Energy to instal 260,000 smart meters in Wisconsin

Smart Energy International

For Xcel Energy, the rollout marks the next step in the modernisation of its power grid, which so far has focussed primarily on boosting the capacity and reliability of the system through new and improved lines and substations. Xcel Energy serves approximately 3.7 million electricity and 2.1