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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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Behind-the-Meter Battery Pioneer Stem to Take SPAC Route to Public Markets

GreenTechMedia

Stem, the decade-old behind-the-meter battery startup that was seeking a buyer earlier this year to bolster its growth ambitions, is now launching a plan to go public via a special-purpose acquisition corporation (SPAC) reverse merger. Friday’s announcement names Star Peak Energy Transition Corp. billion in late 2019 to about $2.7

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ComEd’s Favorable Regulatory Treatment for Grid Investments Comes Under Fire

GreenTechMedia

That’s the charge leveled in a Tuesday report from the Illinois Public Interest Research Group, asking state lawmakers to force the utility to align its capital investments with its customers' interests. The workings of the 2011 Energy Infrastructure Modernization Act. billion smart grid investment plan that included a 4.2-million

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Energy crisis: Labour unveils £6bn home insulation plan, as pressure mounts on government for action

Business Green

Liz Truss, Rishi Sunak and Downing Street face mounting pressure to ramp up support for energy efficiency and billpayers as autumn draws nearer. Britain's cost of living crisis is getting worse, leaving people scared about how they'll get through the winter," said Starmer.

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After Rapid Success in Japan, Moixa Prepares for International Storage Push

GreenTechMedia

based energy storage developer, is prepping for international expansion supported by a future funding round and leveraging the scale of its ongoing growth in Japan. The firm is now managing a network of more than 10,000 residential batteries in Japan, networked and managed as a fleet, less than a year after entering the market.

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Fuelling the transition: How investors can really move the dial on sustainable energy

Business Green

With the global need for action more pressing than ever, the strategy and conference have called for a complete rebuilding of the energy system, with renewable energy set to play a central role. We're still a long way from securing a sustainable energy system that consistently meets our needs while we make the transition to net zero.

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UK's global offshore wind lead squeezed despite near 100GW pipeline

Business Green

However, as the UK's offshore wind pipeline has grown, the global market appears to be accelerating even faster as the clean energy transition takes hold, which is slimming the UK's dominance of the sector worldwide. Even so, at present the UK still remains a dominant offshore wind player on the global stage.