In Short : Global electricity demand is projected to grow rapidly through 2030, driven by electrification, digitalisation, electric vehicles, and clean energy transitions. This growth highlights the urgent need for large-scale investments in power grids, energy storage, and system flexibility to ensure reliable supply, integrate renewables, prevent bottlenecks, and support sustainable economic development worldwide. In […]
In Short : TotalEnergies has sold a stake in its French renewable energy portfolio for $155 million as part of its strategic portfolio management. The move allows the company to optimize investments and reallocate capital toward growth opportunities. The transaction highlights TotalEnergies’ commitment to expanding its renewable energy presence while enhancing financial flexibility and supporting […]
Centrica has made investments in two cutting edge energy tech firms as it targets a more concentrated domestic energy flexibility business. And the firm is backing its investments to help it capitalise on the potential for more than 4.5GW of flexible power capacity in the UK alone and a home energy management industry which it […]