Germany is paving the way for bidirectional charging in Q1 of 2025, allowing EVs to send power back to the grid. This is huge for anyone invested in the energy transition. Bidirectional charging means your EV can earn its keep. With reduced grid fees and electricity tax relief, charging when prices are low and selling back when they’re high could offset ownership costs. Imagine your car paying part of your electricity bill and acting as a mobile energy storage unit, helping smooth out peaks and valleys in electricity demand. As renewable energy sources like wind and solar become dominant, we’ll need to better manage fluctuations in supply and demand. A more stable grid will benefit everyone. What excites you most about this? Are there hurdles you think we still need to clear? Learn more about Germany’s initiative here: https://lnkd.in/eRucRdqk #EVs #BidirectionalCharging #EnergyTransition #SmartGrids #Sustainability
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Yesterday, NetzeBW announced the first-ever dynamic grid fees in Germany—a game changer for both consumers and the energy sector. Until now, electricity prices could fluctuate throughout the day, but now grid fees will too. This means that consumers can save significantly by adjusting their energy use to times when renewables are abundant. For example, you could pay a third of the usual grid charges for charging your EV or running your heat pump if you do it during the day when solar energy is plentiful. 🌞⚡ Given that grid fees often make up more than 50% of household electricity costs in competitive tariffs, this is a huge opportunity to save money and optimize energy use. It also paves the way for more widespread dynamic tariffs, encouraging smarter consumption and advancing the transition to a greener grid. #EnergyTransition #SmartGrid #RenewableEnergy #Electricity
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According to the International Energy Agency (IEA), the UK installed more than 53,600 public #EV chargers by the end of 2023, and 300,000 are expected by 2030. The IEA says, “Deployment of EV chargers should be co-ordinated with power grid developments to ensure that new connections are consistent with the wider grid-planning horizon.” We at Aurora Utilities Limited are proud to be supporting this rapid evolution of publicly available EV chargers, helping developers plan effectively and connect the last mile to #NetZero. https://lnkd.in/gHaB4Bv3 #EVCharging #IDNO #LastMiletoNetZero
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European competitiveness depends on #future-proof electricity grids! ⚡ Robust and smart electricity grids form the backbone of a resilient and #sustainable #energy system, supporting economic growth and energy independence. Grids are key to transmit cost-effective electricity from #renewables to our #industrial centres and to millions of houselholds, enabling a competitive transition. The #EU and its member states can bolster this transition by supporting the rapid deployment and expansion of a future-proof electricity #grid. #GridsEmpower Jobs, learn how here: https://lnkd.in/dh8fda3J
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A study by Germany’s Fraunhofer Institute shows how electric vehicles (EVs) could double as home storage batteries using bidirectional charging. Most EVs in Germany are driven for just 1 hour daily, leaving 23 hours of idle time. During this downtime, EVs could stabilize energy grids by storing and sharing power when demand peaks. This strategy could boost solar and wind energy use, as EVs could store excess daytime energy and release it at night. The study estimates EVs could cover 9% of the EU’s energy needs—or up to 20% in ideal conditions. For individual EV owners, this could mean annual savings of €31 to €780 by sharing stored energy with their home or the grid. #Germany #ElectricVehicles #BidirectionalCharging #SolarPower #GreenEnergy #EVs #FraunhoferStudy #EVBatteries #EnergySavings
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From the launch of a new initiative to cut costs for energy-intensive industries, to new sector-specific guidance being unveiled to support businesses developing net zero transition plans, Bryt Insight covers the latest energy and sustainability news. Read more here:
This month’s edition of Bryt Insight explores some good news for the UK's move to a net zero energy system, including new plans to support greater grid flexibility, as well as Britain achieving a new record-low for fossil fuel generation. We also spoke to our market experts to understand the key trends and highlights in the electricity market over the past month that your business needs to know. From the UK's lead in corporate electric vehicles to the launch of new initiatives aimed at reducing costs for energy intensive industries, you can learn more in May’s edition of Bryt Insight, here: https://lnkd.in/dnCmDB_d #BrytInsight #NetZero #GridFlexibility #ElectricityMarket #BusinessEnergy #EV #EnergyTransition
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The sentiment expressed here is deeply poignant and sheds light on the complex emotions experienced by individuals transitioning from life inside prison to the outside world. The sense of relief upon facing incarceration, despite its perceived stigma and hardships, speaks volumes about the turmoil and chaos that often accompany addiction and a life of crime. For some, the structure and routine of prison life may offer a semblance of stability and security that was lacking in their previous existence. The absence of external pressures and temptations can provide a reprieve from the cycle of self-destructive behaviour and the relentless pursuit of substances or harmful activities. Moreover, the acknowledgment that one may receive a level of care and support within the confines of prison underscores the stark reality that for many individuals, the outside world may offer little in the way of genuine assistance or protection. In a system where vulnerability is exploited and resources are scarce, the prospect of being "looked after" behind bars may hold a certain appeal. However, this revelation also speaks to the profound challenges and obstacles faced by individuals re-entering society after serving time in prison. The fear of returning to a life of chaos and uncertainty, coupled with the harsh realities of reintegration, can weigh heavily on the minds of those seeking to rebuild their lives. This episode serves as a powerful reminder of the need for comprehensive support systems and resources to assist individuals in their transition from incarceration to freedom. It underscores the importance of addressing the underlying issues that contribute to criminal behaviour, such as addiction and mental health struggles, and providing pathways to rehabilitation and reintegration. Ultimately, the journey from prison to life after incarceration is fraught with complexities and obstacles, but it also holds the potential for redemption, growth, and healing. By sharing their stories and experiences, individuals like those featured in this episode offer valuable insights into the realities of life after prison and the resilience of the human spirit in the face of adversity. #MTICBIAI #MyTraumaIsChronicButIAmIconic #LifeAfterPrison #ReintegrationJourney #PrisonExperience #MentalHealthAwareness #AddictionRecovery #SupportSystems #ResilienceInAdversity #CriminalJusticeSystem #SecondChances #RehabilitationProcess #BuildingABetterFuture #SocialReintegration #PrisonLifeInsights #OvercomingObstacles #BreakingTheCycle
This month’s edition of Bryt Insight explores some good news for the UK's move to a net zero energy system, including new plans to support greater grid flexibility, as well as Britain achieving a new record-low for fossil fuel generation. We also spoke to our market experts to understand the key trends and highlights in the electricity market over the past month that your business needs to know. From the UK's lead in corporate electric vehicles to the launch of new initiatives aimed at reducing costs for energy intensive industries, you can learn more in May’s edition of Bryt Insight, here: https://lnkd.in/dnCmDB_d #BrytInsight #NetZero #GridFlexibility #ElectricityMarket #BusinessEnergy #EV #EnergyTransition
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Power Up the Future! ⚡️ #BESS vs. Antiquated Grids Our energy grid is straining. Instead of throwing money at outdated distribution lines, let's invest in Battery Energy Storage Systems (BESS). BESS are like giant power banks for the grid. They store excess renewable energy (think sunshine & wind) and release it when demand is high. This relieves stress on local lines, prevents outages, and paves the way for a smoother #EnergyTransition. BESS are the key to a cleaner, more reliable future. Let's make the switch! #RenewableEnergy #Innovation #Sustainability https://lnkd.in/e82rvfBW
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Good points here on negative pricing. Depending on what side of the divide, negative pricing can be an opportunity or a challenge. Smart contractual arrangements that mitigate risks and losses to protect your interests are key.
⚡ Negative electricity prices in Europe: seeing the opportunity⚡ In the first eight months of 2024, Europe has already recorded 7,841 instances of negative electricity prices—up from just 834 in all of 2017. This surge is mainly due to oversupply during peak renewable generation. Negative prices can signal the need for more investment in storage and grid flexibility. However, prolonged periods of negative pricing could also deter investment in much-needed new generation capacity, putting the energy transition at risk. Key points to consider: - Storage capacity can be very profitable on the basis of negative prices - but this requires strong analytical and predictive capabilities and a robust business model: If you had a 2-hour battery in Austria last week, you could have made more than €200/MW every day from just one cycle. - Demand-side solutions including EV charging and virtual power plants can also be profitable: These face similar challenges to batteries but can also offer savings to end consumers (B2B and B2B2C). - Margins are still fluctuating significantly, making financing challenging - smart contractual arrangements (PPA!) are key. #renewableenergy #powerprices #gridmodernisation #cleanenergy #investment (Source for image: Energy exchanges websites, Arthur D. Little analysis)
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The electric utility industry is undergoing a profound transformation driven by technological advancements, regulatory changes, and consumer demands. Smart grid technologies are key to enhancing efficiency and managing dynamic demands like smart thermostats, EV charging, and renewable energy sources. Regulatory changes are also shaping the landscape, pushing utilities to adopt new standards with financial incentives and penalties. This shift is vital for upgrading aging infrastructures and meeting modern energy needs. Discover more about this transformative journey in Elizabeth Cook’s latest article for Public Utilities Fortnightly:
Data-Driven Journey to Transformation
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This post is Jam packed with information on GETs and how this technology can help keep pace with the overwhelming need for more electricity throughput on the USA Transmission Grid. Many speak of needing more Power Generation. Our Transmission Grid needs to be fortified with GETs now so that Generation can be delivered. If the grid were to be considered a roadway, improving it with proper, safe Guardrails, (like GETs) will benefit all of Society.
Today over 70% of the U.S. electric grid is more than 25 years old, and is increasingly vulnerable to outages. To meet growing energy demands and accelerate the transition to #renewables, we need to modernize our electric grid as quickly and safely as possible. Our aging infrastructure may not be able to grow wings overnight, but we can strap on a metaphorical jetpack using Grid Enhancing Technologies (GETs). GETs use hardware and software to intelligently monitor supply, demand, line status, and environmental conditions and adjust power flow accordingly, boosting adaptability and resiliency and resulting in major cost savings. Get acquainted with GETs in our new grid modernization playbook: https://lnkd.in/gxXjcCdZ In this resource you’ll learn about: - The three types of GETs and how they work. - How GETs alone can double the capacity of existing infrastructure to connect new energy sources, including clean and consumer-generated power. - 18 case studies of successful GETs implementations in the United States and around the world, saving: -- $20M/yr in Pennsylvania on two lines -- $20M/yr in Colombia, and -- $500M+ in England. Check out the whole playbook here >> https://lnkd.in/g_8TFX-8 Subscribe to the WATT newsletter for future updates >> https://lnkd.in/gT6GpSCD
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