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Five priorities for US utilities in 2024

Smart Energy International

According to West Monroe, in the US specifically, there are five priorities for utilities in 2024: decarbonisation and integrated electrification and gas planning; decentralised and virtual power supplies; transmission infrastructure needs; resiliency and security objectives; system operations digitisation.

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Intersect Power closes financing for 1GWh of battery projects due in 2024

Smart Energy International

US clean tech company Intersect Power has closed $837 million in financing for the construction and operation of three standalone battery energy storage systems (BESS) in Texas, representing 1GWh in storage that will move from concept to commissioned in under 12 months.

Batteries 111
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V2G specialist Nuvve and China’s Great Power team up on grid integrated batteries

Smart Energy International

V2G tech company Nuvve and battery specialist Guangzhou Great Power Energy and Technology Corporation have announced a strategic partnership to accelerate the deployment of stationary storage batteries and their integration with the power grid. V2G technology and grid services like demand response increase those savings.”

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Enel unveils plan for €18.6bn grid investment 

Smart Energy International

Italy’s Enel Group has announced a new investment strategy for the period 2024-2026, doubling down on grid investments and being more selective in renewables. The nearly €19 billion for grid investments will focus on improving quality, resiliency and digitalisation of the power grid, alongside new connections.

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Smart Energy Finances: Norwegian investors buy 49% stake in Indian transmission scheme

Smart Energy International

The Indian scheme was awarded in fiscal year 2022 and covers the construction of a new 400/220kV substation at Koppal along with 144km of 400kV direct current transmission line with extension of the 40kV GIS Bays at the PGCIL (Power Grid Corporation of India Ltd) Narendra substation.

Energy 118
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New Orleans power grid reliability improved 24% since 2019, utility says

Smart Energy International

Entergy is touting the success of a grid modernisation and reliability task force that significantly improved power grid reliability in the utility’s New Orleans service territory. Sign up to our newsletter and stay informed Originally published by John Engel on Power Grid International.

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Entergy Texas files for first phase of its grid resilience plan

Smart Energy International

Entergy Texas cites the National Centers for Environmental Information, which finds 179 extreme weather events in Texas from 1980 to June 2024, including hurricanes and winter storms. The accelerated hardening projects included in Phase one total a $335 million investment in the Southeast Texas power grid.