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£80m boost to help UK businesses tackle carbon emissions

Envirotec Magazine

The UK government announced the disbursement of over £80 million funding on 28 June, intended to give a boost to a range of projects geared towards ditching fossil fuels in favour of cleaner energy sources. Projects include hydrogen-powered cornflake production and low-carbon Scottish whisky distillation. CCUS Innovation 2.0

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Smart Energy Finances Weekly: Elia Group outlook at negative & Adani’s smart metering subsidiary

Smart Energy International

This week’s edition of Smart Energy Finances – the first of 2023 – sees S&P Global downgrade Elia Group and Eurogrid’s outlook from stable to negative while Indian transmission company Adani Group announces BSML – a smart metering subsidiary. Adani launches smart metering arm. million prepaid smart meters, 4.9

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Smart meters market to exceed $55.7bn by 2028 – study

Smart Energy International

The smart meters market is expected to surpass $55.7 Rapid expansion and modernisation of grid infrastructures along with growing awareness of energy conservation will propel the smart meters market scenario. • million by 2025 Gas and power prices continue to soar due to Ukraine conflict. Market factors.

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ARENA and Shell Energy to demonstrate commercial flexibility in Australia

Smart Energy International

Shell Energy’s ‘Commercialising Smart Energy Hubs’ project will recruit at least 40 commercial and industrial (C&I) customer sites to demonstrate flexible demand capacity. On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) announced AUS$9.1 Commercial flexibility.

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Australian VPP project to access 2m smart meters for load control

Smart Energy International

The Australian Renewable Energy Agency (ARENA) has announced funding for Intellihub in a virtual power plant (VPP) project to leverage a network of 2 million smart meters and interface with over 140,000 customer energy resources for optimised load control. On behalf of the Australian Government, ARENA has announced AU$9.75

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Smart Energy Finances: CPower closes Centrica demand response acquisition

Smart Energy International

Centre stage in this week’s Smart Energy Finances is the closing of an acquisition by CPower. The DER company has acquired Centrica’s demand response division, bolstering their DER capacity from 5.6GW to 6.3GW. CPower closes Centrica demand response acquisition. Other stories of note include RWE’s $6.8

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AMI to influence utility cybersecurity spend for 1.3 billion electricity meters

Smart Energy International

The move toward Advanced Metering Infrastructure (AMI) is becoming an essential driver for connected electricity meters, which are expected to reach an installed base of 1.3 “The name of the game is oversight, efficiency and security when it comes to smart metering,” Pavlakis stated. billion by 2027.