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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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Smart Energy Finances: Growth financing for AI-based network resilience

Smart Energy International

This week’s Smart Energy Finances looks at an investment round for Neara, an Australian company that has developed a platform that uses AI to help utilities design networks, enhance wildfire and vegetation management programmes and bring renewable projects online faster. million) for Shanghai Electric Energy Storage Technology.

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Energy trilemma evolving to reflect new ambitions and threats

Smart Energy International

The World Energy Council’s World Energy Trilemma 2024 report reveals changing ambitions and new challenges facing global energy systems. Energy security now encompasses the reliability of renewables, availability and accessibility or critical minerals, and resilience in the face of physical and cyber threats.

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Distributed intelligence for a DER-based grid

Smart Energy International

Intelligence in smart meters and other IoT edge compute network devices, whereby applications utilize analytics to provide near real-time situational awareness and localized control, is set to play a key role in the operation and ever-increasing adoption of renewables and electric vehicles, is discussed by Itron’s Wassim Akhdar and Nick Phillips.

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The widespread impact of ransomware in the Asia Pacific

Smart Energy International

Some 80% of organisations in the Asia Pacific were affected by ransomware attacks in 2021 with 51% paying the ransom, according to the Global State of Industrial Cybersecurity 2021: Resilience Amid Disruption report released by Claroty. NYPA enhances cybersecurity of New York energy value chain. Have you read?

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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.

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Report flags “overlooked” potential of groundwater

Envirotec Magazine

Making smarter use of the potential of still sparsely developed groundwater resources, and protecting them from pollution and overexploitation, is essential to meet the fundamental needs of an ever-increasing global population and to address the global climate and energy crises” says the Director-General of UNESCO, Audrey Azoulay.