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Smart Energy Finances: Hitachi Energy acquires eks Energy

Smart Energy International

Swiss tech major Hitachi Energy has acquired eks Energy in a strategic move to add power and electronics and energy management software to their ever-growing portfolio. Hitachi Energy called the move part of its strategy to meet global demand for battery energy storage solutions.

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US Solar Industry Rallies Behind 20% Generation Target for 2030

GreenTechMedia

The solar industry met in Salt Lake City with a more sweeping and disciplined message than in some years past : Rally to extend the federal investment tax credit and buckle up for a decade of massive industry growth. The Solar Energy Industries Association industry group published a roadmap Monday to increase solar power to 20 percent of U.S.

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NYSEG to pilot transmission line monitoring

Smart Energy International

New York State Electric & Gas (NYSEG) is to pilot overhead transmission line monitoring to increase capacity and accelerate renewable energy growth. Capacity optimisation is crucial for the large-scale integration of renewable energies , with their potential for congestion. Have you read?

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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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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% Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year.

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A New Era Is Beginning for the Grid Edge. Is the Utility Industry Ready?

GreenTechMedia

As the 2020s progress, flexible energy portfolios will grow significantly as resources on either side of the meter proliferate in the U.S., power system has more than 50 gigawatts of behind-the-meter flexible resources at its disposal, consisting of distributed energy resources (DERs) already enrolled in demand response programs.

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Targeting grid resilience with digitalisation

Smart Energy International

As countries the world over pursue net-zero goals, the power grids are at the centre of a transformation that will ultimately lead to economy-wide decarbonisation impacting almost every aspect of life, from the way we power and run our homes to how we travel and the products we purchase.