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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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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 metering and smart grid upgrade for Alberta

Smart Energy International

Alberta utility ATCO is to install an advanced metering infrastructure and distribution management and other systems as part of the province’s electricity grid modernisation. The funding for these projects was provided through the Smart Renewables and Electrification Pathways Programme, which is investing up to Ca$4.5

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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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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.

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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. Optimize energy management. Tue, 07/14/2020 - 01:30. Key strategies to maximize benefit.

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Why Are Oil and Gas Companies Investing in Nuclear Fusion?

GreenTechMedia

The oil industry’s search for carbon-free alternatives to fossil fuels has led to many interesting investment decisions over the years. Somewhere high on that list is nuclear fusion, the energy that powers the sun, which has drawn investment from at least three major oil companies. But it’s not easy.