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V2G to surpass stationary storage as virtual power plant asset finds study

Smart Energy International

The virtual power plant (VPP) integrated capacity of vehicle to grid (V2G) is forecast to surpass that of energy storage assets ahead of 2040. This is according to US-based consultancy Rethink Energy who in a report hail VPP technology as the core of future power grids.

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Managing power grid complexity: The 5 biggest priorities for utilities in 2024

Smart Energy International

In today’s distributed energy system, managing power grid complexity is challenging. But grid operators are often handling these changes with an ageing infrastructure that wasn’t built with a distributed energy system in mind. This puts enormous pressure on power generation,transmission and the distribution network.

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Forget King Coal. Solar Is ‘New King’ of Global Power Markets, Says IEA

GreenTechMedia

There is currently twice as much installed hydro as there is solar, but PV could grow three times faster from now till 2040. Cheap finance and maturing technology mean solar will be cheaper than both new coal or gas power plants from now onward. Power grids remain the weak link.

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How Siemens Energy Is Targeting the US Green Hydrogen Opportunity

GreenTechMedia

Green hydrogen is both an untested and a potentially vital way for renewable-energy-powered grids to store their intermittent power for later use, not just for hours at a time, but for days, weeks or even seasons ahead. power plant operators are starting to expand their ambitions. green hydrogen market landscape.

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Microgrids to become a $206bn market by 2031 – report

Smart Energy International

According to the study, factors driving an increase in the adoption of microgrids include: The inability of grids to meet growing energy demand. The study states that continued increases in energy demand are resulting in the failure of traditional power grids to maintain energy reliability and security.

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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. What happens here carries implications for the rest of the Asia Pacific region as well as the world.

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How India’s Renewable Energy Sector Survived and Thrived in a Turbulent 2020

GreenTechMedia

With power demand expected to triple by 2040 as India’s population continues to achieve upward mobility, fossil fuels are poised to see continued growth even as the clean energy market thrives. Solar is helping to meet the country’s objective of making power affordable to low-income residents, he said.

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