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Things That Can Impact Power Pricing

The Environmental Blog

Several things can have an impact on power pricing. The cost of fuel is the most significant factor affecting your electricity rates. If natural gas prices increase, your electricity rates will rise. Prices also pass through changes in generation power costs.

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Smart Energy Finances: SparkMeter funding, Elia in the US and AI assisting investments

Smart Energy International

This week we look at a $5 million investment into SparkMeter, which provides grid management solutions tailored to emerging markets, an acquisition from Elia Group signalling their entry into the US and insights into how AI can assist with clean tech investments in a constantly changing market environment.

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New 30MW tidal energy project unveiled in Orkney

Envirotec Magazine

Tidal energy firm Orbital Marine Power (Orbital) has been awarded an Option Agreement from Crown Estate Scotland for a new tidal energy project in the Westray Firth. We’re proud to be building that vision in Orkney with this investment in our Westray Project.”

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Workplace EV charging: Lessons from sustainability trailblazers

GreenBiz

Businesses are reaping the environmental and social benefits of providing electric vehicle charging for employees. Last fall, a research team from PGS conducted a study on workplace electric vehicle charging practices. What they have learned is that it not only builds employee satisfaction, but also encourages EV adoption.

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£1.3 million of new funding for net zero-driven energy data application winners

Envirotec Magazine

million of new funding across nine new digital energy data projects has been announced by UK Research & Innovataion (UKRI). The non-departmental public body is awarding the funding through its ‘Modernising Energy Data Applications phase 1’ competition overseen by the Prospering From the Energy Revolution challenge.

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

Smart Energy International

At the end of 2023, the UK government released the long-awaited Future Homes and Buildings Standards consultation, which aims to introduce measures ensuring all new-build housing is ‘net zero ready’ by 2025. As we inch ever closer to 2035 and 2050 net zero targets, there is increasing pressure to decarbonise high-emitting sectors.

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Grid mod company raises $23M for power line construction, grid capacity

Smart Energy International

Infravision, a company focused on power grid modernisation with drone-enabled power line upgrades, announced it has raised $23 million in Series A financing. The round was led by investment firm Energy Impact Partners (EIP), with participation from leading energy and utility players including Equinor Ventures and Edison International.