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Smart Energy Finances: Load shifting in the limelight

Smart Energy International

This week’s edition of Smart Energy Finances sees three load shifting investments take centre stage as demand response becomes a more notable priority for utilities the world over. 120 million for Swell Energy’s VPP suite. 120 million for Swell Energy’s VPP suite.

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A Blockchain-Enabled Smart Meter for Clean Power Trading?

GreenTechMedia

Blockchain’s energy sector uses range from the highly speculative—think peer-to-peer energy trading using cryptocurrency raised in initial coin offerings (ICOs)—to more incremental efforts, grounded in real-world challenges of operating an increasingly decentralized power grid. are testing it out.

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Ram Promaster EV brings Detroit’s third maker into electric vans

Charged

The Ram ProMaster is a Fiat design dating to 2014, but it now offers an up-to-date electric powertrain. In January, Stellantis said its Ram truck brand would start selling the ProMaster EV, a battery-electric model of the ProMaster van that it restyled and updated for 2023. Got all that? All-wheel drive is not offered.

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ABB invests in Danish startup to digitalise ageing electrical assets

Smart Energy International

Automation company ABB is investing in and collaborating with Danish start-up OKTO GRID to advance technology that will digitalise and extend the useful life of ageing electrical assets and meet growing demand for reliable and stable power. It follows a successful seeding round by the startup in December 2022 of €3 million ($3.3

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Finnish hospital revamps vital power distribution

Smart Energy International

A Finnish hospital area has modernised its power distribution tech with ABB-supplied upgrades, including complete protection relay and circuit breaker retrofits, as well as intelligent asset and energy management solutions. We’re well-prepared to face any problems with the power distribution. HUS Meilahti Central Square.

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Smart Energy Finances: Acquisition to delist SMS from the UK

Smart Energy International

This week’s Smart Energy Finances looks at acquisition of UK-based Smart Metering Systems (SMS) by a US-based investment firm, a successful financing round for a Spanish start-up developing smart grid technology and Siemens’ acquisition of an AI-based tech company developing solutions for the water sector. billion ($1.6

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EDF Renewables Acquires EV Charging Startup PowerFlex Systems

GreenTechMedia

EDF Renewables has acquired PowerFlex Systems , a California startup with technology to manage one of the biggest challenges for scaling up electric vehicle charging: controlling the loads that lots of EVs charging at once can place on the power infrastructure of the sites hosting the chargers. European acquisition spree.