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Technology Trending: What to look out for in 2024

Smart Energy International

Decentralisation, blockchain and AI, the future grid and the space race are some of the areas in which numerous advances have been made in 2023 and are set to continue during 2024. These include the need for significant and urgent investments, in Europe for example an estimated €584 billion ($641 billion) by 2030.

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Technology Trending: Cyber protection for space data, battery passport, battery for hot climates

Smart Energy International

To address this issue the European Space Agency (ESA) has engaged the French-Slovak blockchain startup 3IPK and space solution provider Thales Alenia Space to develop a solution for managing traceability and ensuring the integrity of Earth observation data under its FutureEO programme. Join Enlit Europe in Paris. Register now

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Smart Energy Finances Weekly: Asian stakes and the race to net zero

Smart Energy International

In this iteration of Smart Energy Finances Weekly, the Asian region shows interest in smart metering and electric vehicle (EV) expansion while flexibility and energy storage continue to prove key markets in the European domain. This new raise is hoped to assist Sympower in transforming Europe’s electricity grid.

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Electron’s flexibility platform gets £4 million boost

Smart Energy International

The investment round, which was led by East Innovate, the venture capital arm of quantitative commodity, technology and research company East Alpha, is intended to support the growth of Electron’s team and further product development as well as enable expansion in the UK, Europe and North America.

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Technology Trending: Mg-ion batteries, hydrogen innovation lab, landfill methane for Bitcoin mining

Smart Energy International

Lithium is widely used in batteries in applications from small personal electronic devices up to electric vehicles and large-scale utility energy storage. Out with lithium, in with magnesium. But there are constant concerns about whether the supply can keep up with the growing demand as these technologies proliferate.

Methane 52
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The emerging “non-utilities”—EVs are helping new players in the energy marketplace.

Charged

electric vehicles), stationary energy storage and microgrids. Blockchain is important here because these are the systems that enable the verification and tracking of distributed transactions that can be time-stamped and location-stamped. The benefits which these non-utility participants bring to the grid are many and varied.

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Technology Trending: CarbonEnfo startup, ChatGPT ambassador, graphene nanotube facility

Smart Energy International

New blockchain startup CarbonEnfo hits the market running, the ChatGPT fusion ‘ambassador’ and a graphene nanotube facility in development in Europe for EV batteries are on the week’s technology radar. To support it along the way, it has joined up as a validator to the Energy Web ecosystem.