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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% annually through 2026.

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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. Customers can also stack the benefits of payments for solar generation on top of this.

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V2G specialist Nuvve and China’s Great Power team up on grid integrated batteries

Smart Energy International

V2G tech company Nuvve and battery specialist Guangzhou Great Power Energy and Technology Corporation have announced a strategic partnership to accelerate the deployment of stationary storage batteries and their integration with the power grid.

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US energy department announces $1.3bn transmission buildout

Smart Energy International

The US Department of Energy (DOE) announced up to a $1.3 billion commitment in three transmission lines crossing six states, advancing projects aimed at adding 3.5GW of additional grid capacity throughout the United States. Construction is expected to start in Q1 of calendar year 2025.

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Uplight to acquire DERMS provider AutoGrid

Smart Energy International

Uplight, a software provider for utilities, announced an agreement to acquire AutoGrid, a Virtual Power Plant (VPP) and Distributed Energy Resource Management System (DERMS) provider. AutoGrid’s software specialises in electric vehicles, batteries, roof-top solar, utility-scale wind and other DERs.

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Techno-economic study estimates large EGS potential in continental US

ThinkGeoEnergy

The full article “Power supply characterization of baseload and flexible enhanced geothermal systems” can be accessed via this link. A new approach to EGS modeling Several studies have been done in the past on the potential of EGS for power generation. The study also has a companion ArcGIS web-based map.