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Six GB suppliers fined £10.8m for missing smart meter installation targets

Smart Energy International

million smart meters. The six suppliers are British Gas, OVO, Bulb, E.ON, Scottish Power and SSE and they will pay the combined total of £10.8 million) to Ofgem’s Energy Industry Voluntary Redress Fund, which is used primarily to support vulnerable consumers. million (US$2.10) Scottish Power – £1.24 million (US$13.2

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Home energy usage data goes under spotlight in UK

Smart Energy International

A new Energy Demand Observatory and Laboratory will gather data on energy usage in UK homes, in order to inform future measures to reduce carbon emissions. Smart meter data – new uses under investigation in GB Unlocking smart meter data for research. Have you read? Data collection. Dynamic research.

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Why smart grids are essential to meeting the UK’s housing needs

Smart Energy International

While the Future Homes Standard (FHS) is a welcome roadmap for the future of decarbonised homes, explains Dan Nicholls of SNRG Group, it will not be realised without accompanying policy measures, which encourage the uptake of enablers like smart grids. Have you read: 34.8

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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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Taiwan Power Company assesses grid inertia as fossil plants go offline

Smart Energy International

Concerned about grid inertia, Taiwan’s state-owned electric utility Taiwan Power Company (TPC) has partnered with UK tech company Reactive Technologies Limited (RTL) to use its grid stability measurement platform. Sign up to our newsletter and stay informed

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Duke Energy’s SC Net-Metering Replacement Won a Crucial Ally: Rooftop Solar Companies

GreenTechMedia

Few grid policy battles have been fought as bitterly as those surrounding replacements for net-metering, which determines how much rooftop solar customers get paid for power they export to the grid. Utility Duke Energy tossed out the conventional playbook when proposing a net-metering successor for its South Carolina territory.

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Mortgage rate cuts for energy efficient homes? Pilot scheme appraises possible options

Envirotec Magazine

Homeowners who make their properties more energy efficient could see their mortgage rate cut under a new government-backed pilot. They are aimed at encouraging and helping homeowners make their properties more energy efficient, with measures such as loft insulation and double glazing. million of government funding.