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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.

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Targeting grid resilience with digitalisation

Smart Energy International

As countries the world over pursue net-zero goals, the power grids are at the centre of a transformation that will ultimately lead to economy-wide decarbonisation impacting almost every aspect of life, from the way we power and run our homes to how we travel and the products we purchase. US grid investments.

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Rooftop solar PV could reduce grid resilience, study finds

Smart Energy International

The study from the University of Nottingham indicates that grid-tied small-scale renewables could cause power failures. Domestic renewable energy generation is growing rapidly in the UK, with just over one million small-scale solar PV systems installed. Sign up to our newsletter and stay informed.

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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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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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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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Technology Trending: REC transactions and energy consumption matching

Smart Energy International

EDF leads a proof-of-concept on automating renewable energy transactions and Eurelectric’s study on the benefits of matching energy consumption with clean energy on a (near) real-time basis are on the week’s technology radar. Have you read?