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Dublin battery system to support the Irish power grid

Smart Energy International

In a bid to support Irish grid stability, Electricity Supply Board (ESB) has opened a major battery plant at its Poolbeg site in Dublin, which will add 75MW/150MWh of fast-acting energy storage. No electricity system can operate without a backup. In Ireland this has traditionally been provided by fossil fuel generation.

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WoodMac: Wind, Solar and Storage to Dominate Europe’s Power Grid by 2030

GreenTechMedia

Europe's power system will look very different in 2030, with energy storage supporting the “dominance” of wind and solar generation, according to new research from Wood Mackenzie. By 2040, Europe is expected to add another 169 gigawatts of wind and 172 gigawatts of solar.

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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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India to fund smart meter rollout and grid expansion with €140m KfW loan

Smart Energy International

The Indian state government of Madhya Pradesh is set to expand and modernise its electricity network by deploying smart meters and smart grid technologies using a €140 million ($157.5 Access to energy usage data is expected to help consumers make more informed decisions regarding their energy consumption.

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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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Baker Electric Home Energy Launches ChargeOn Battery Rewards Program

CleanTech San Diego

Cleantech San Diego member Baker Electric Home Energy, a leading solar, battery, and home energy solution provider, has announced the launch of its ChargeOn Battery Rewards Program in partnership with sonnen, a global market leader in smart energy storage and virtual power plant (VPP) technology.