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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% The update finds that world demand for electricity grew by 2.2%

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How the utilities industry is building a sustainable future

Smart Energy International

The energy and utilities industries play a significant role in carbon emissions. In the US, 25% of greenhouse gas (GHG) emissions come from electricity generation. This is not surprising, with coal and natural gas representing about 60% of electrical supply. Energy Transition for Sustainability. Have you read?

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China’s Reform Commission sets out V2G planning recommendations

Smart Energy International

China’s state planner National Development and Reform Commission (NDRC) has released reform recommendations on how China, the largest EV market globally, can optimally integrate electric vehicles into power grid planning. The specific reform recommendations include: 1. The specific reform recommendations include: 1.

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Generac Acquires Enbala, Boosting Plan to Harness Behind-the-Meter Energy Resources

GreenTechMedia

Generac Power Systems is acquiring Enbala Power Networks, a major step toward putting its market-leading backup generator business and its fast-growing behind-the-meter battery-solar fleet to work as a power grid resource. Canada and Australia, according to Wood Mackenzie data.

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Swell Readies Up To $450M in Financing for Solar-Plus-Battery Virtual Power Plants

GreenTechMedia

Swell Energy has lined up $450 million in financing to give homeowners and business owners batteries and solar systems at no upfront cost, and earn the money back by turning them into virtual power plants serving utilities’ grid needs. Ares Management Corp. Ares Management Corp.

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AES Ohio proposes next phase of smart grid advancement

Smart Energy International

million in its Smart Grid Phase 2 plan over the ten-year period starting July 2025. At the foundation of the smart grid is smart meters and AES Ohio expects to have deployed these to 95% of customers by June 2025. AES Ohio is proposing to invest $682.7 Have you read?

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Empowering India’s Energy Revolution with AI and Prosumers

AutoGrid

With a power grid that has been notoriously unreliable in the past, India’s goal to transform formerly passive consumers into prosumers would seem an uphill battle. The stakes are particularly high because India is the world’s third largest energy consumer.