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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% The update finds that world demand for electricity grew by 2.2%

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Swell Readies Up To $450M in Financing for Solar-Plus-Battery Virtual Power Plants

GreenTechMedia

Swell Energy has lined up $450 million in financing to give homeowners and business owners batteries and solar systems at no upfront cost, and earn the money back by turning them into virtual power plants serving utilities’ grid needs. Ares Management Corp.

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California’s Latest Demand-Side Emergency Plan Takes Heat from Providers

GreenTechMedia

” That’s how a range of clean energy advocates and demand response providers are describing the California Public Utilities Commission’s latest plan to prevent a repeat of the state’s August 2020 rolling blackouts this coming summer.

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How the utilities industry is building a sustainable future

Smart Energy International

The energy and utilities industries play a significant role in carbon emissions. In the US, 25% of greenhouse gas (GHG) emissions come from electricity generation. This is not surprising, with coal and natural gas representing about 60% of electrical supply. Energy Transition for Sustainability.

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Funding the Next Generation of Efficient, Electric, Grid-Interactive Communities

GreenTechMedia

homes and commercial buildings consume roughly two-fifths of the country’s overall energy, three-fourths of all electricity, and account for most of the peak electricity demand that drives generation and power grid infrastructure costs.

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How Duke’s Unique Energy Landscape Dictates Its Path to Net Zero

GreenTechMedia

Duke Energy’s options for reaching net-zero carbon by midcentury will look a lot different than those being pursued by utilities in the sun-soaked Western U.S., Some of those pathways move more dramatically toward closing coal plants or halting new natural gas power plants. Solar energy's winter doldrums.

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AI can significantly improve grid management reports DOE

Smart Energy International

Artificial intelligence (AI) has the potential to significantly improve key areas of grid management, a new US Department of Energy report finds. However, it is crucial that new AI use cases do not introduce new risks to the grid, the report states. Have you read?