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Smart Energy Finances: Hitachi Energy acquires eks Energy

Smart Energy International

Swiss tech major Hitachi Energy has acquired eks Energy in a strategic move to add power and electronics and energy management software to their ever-growing portfolio. Hitachi Energy called the move part of its strategy to meet global demand for battery energy storage solutions.

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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. 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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A New Era Is Beginning for the Grid Edge. Is the Utility Industry Ready?

GreenTechMedia

As the 2020s progress, flexible energy portfolios will grow significantly as resources on either side of the meter proliferate in the U.S., The degree to which this wave of new flexible resources can be tapped for grid-balancing will depend on four key areas, according to a new research insight from WoodMac. More and more DERs.

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Duke Energy and AWS partner up on smart grid solutions

Smart Energy International

Duke Energy, one of America’s largest energy holding companies, and Amazon Web Services (AWS), are entering a multiyear strategic collaboration to accelerate the utility’s development of smart grid solutions, including new smart grid software and an expansion of their Intelligent Grid Services.

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US Department of Energy announces $3.5bn for grid resilience

Smart Energy International

In its biggest investment in the nation’s grid, the White House announced a $3.46 billion investment for 58 projects across 44 states to strengthen electric grid resilience and reliability, invest in microgrids and enable more renewable energy generation across America.