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Smart meters set to transform into grid-edge computing devices – whitepaper

Smart Energy International

According to a new whitepaper from Guidehouse Insights, there is an extensive base of smart meters set for upgrade and replacement over the coming decade in both the US and Western Europe. This is due to the initial surge in smart meter installations experienced during the late 2000s and early 2010s. ”

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Generac Acquires Enbala, Boosting Plan to Harness Behind-the-Meter Energy Resources

GreenTechMedia

Generac Power Systems is acquiring Enbala Power Networks, a major step toward putting its market-leading backup generator business and its fast-growing behind-the-meter battery-solar fleet to work as a power grid resource. Canada and Australia, according to Wood Mackenzie data. Leading U.S.

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Smart Energy’s Power Playbook: Revving up the V2G market

Smart Energy International

In this debut of the Power Playbook, our spotlight on the finance and investment side of the energy transition, Yusuf Latief investigates how Vehicle-to-grid (V2G) tech is becoming a burgeoning market space ripe with investment opportunities. This is what has caught our eye.

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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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The future of the US electricity system modelled

Smart Energy International

A prosumer-based transactive energy system in the US could bring savings of up to $50 billion per year, modelling by PNNL researchers has found. Other findings are a reduction in daily load swings by up to 44% and consumer savings of around 15% on annual energy bills. Have you read?

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ERCOT Heat Wave Is No Sweat for AI-Powered DERMS

AutoGrid

With this comes a surge in electricity use, mostly from cooling systems. The Electric Reliability Council of Texas (ERCOT) is predicting a historic demand of over 80,000 MW , putting immense pressure on the state’s power grid. Texas heat waves often result in slim reserve margins, where supply barely meets demand.

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Ice-based energy storage system and VPP seeks deployment

Smart Energy International

Nostromo Energy, a US-based tech company, is developing an ice-based energy storage system that can operate as a Virtual Power Plant (VPP) to provide demand flexibility to the local power grid when needed. According to Nostromo, buildings, overall, account for 74% of all electricity consumption.