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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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One million smart meters for Israel

Smart Energy International

Israel Electric Corporation is reported to be starting a one million smart meter rollout over the next five years. The rollout is reported to see 200,000 new smart meters installed annually. Building a business case for next-generation AMI Smart meters market to exceed $55.7bn by 2028 – study. Have you read?

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A Vibrant Cleantech Startup Ecosystem Takes Root in India

GreenTechMedia

Several floors below the firm’s balcony, power lines crisscross over piles of garbage, a fleet of rickshaws and cow patties on a rooftop, being dried for cooking fuel. ” Rapid growth in India’s renewable energy sector is driving demand for new technologies to modernize the country’s power sector.

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Is Load shedding the solution?

Smart Energy International

When the electric grid is under strain, many electric utilities use the load shedding technique to lower demand and balance it with energy production. The idea is to turn off the power supply to certain areas on a cyclical basis, for example, two hours ON, then two hours OFF. The actual power gap now exceeds 8GW.

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Ed’s note: Energy poverty in our own backyard

Smart Energy International

The first International Energy Poverty Action Week (IEPAW) is held virtually this week, from the 21st (yesterday) to the 25th (Friday) of February. It brings together academics, policymakers and various experts in the field of energy poverty for a series of seminars, workshops and discussions. What qualifies as energy poverty?

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BBOXX Lands $50M Led by Mitsubishi to Boost Off-Grid Solar in Africa, Asia

GreenTechMedia

BBOXX, a startup delivering pay-as-you-go solar PV plans to hundreds of thousands of African homes, has landed a $50 million investment led from Japanese industrial giant Mitsubishi, marking another major funding milestone in the off-grid solar market. Roughly 600 million of Africa’s 1.2 billion at the end of 2018.

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Smart Energy Finances: Glasgow’s SMS acquires heat pump specialist

Smart Energy International

Glasgow-based Smart Metering Systems (SMS plc), an energy infrastructure company, has acquired the domestic services division of Manchester-based heat pump specialist Evergreen Energy, which imports and distributes European-made renewable energy products.