(Bloomberg) — National Grid Plc agreed to buy PPL Corp.’s U.K. electricity distribution business for 7.8 billion pounds ($10.9 billion), a move that will transform the company as it prepares for a low-carbon future. The biggest U.K. utilities transaction in a decade highlights how crucial grids have become as nations figure out how to navigate the shift to electricity from fossil fuels. Distribution grids, the local networks that feed directly into homes and businesses, are at the heart of… Source link
Read More »Texas electricity firm files for bankruptcy citing $1.8 billion in claims from grid operator
The Guardian A Texas city had a bold new climate plan – until a gas company got involved The fossil fuel industry is using the same playbook to fight city climate plans around the country People wait in long lines at HEB grocery store in Austin, Texas, on 17 February. Photograph: Montinique Monroe/Getty Images When the city of Austin drafted a plan to shift away from fossil fuels, the local gas company was fast on the scene to try to scale back the ambition of the effort. Like many cities… Source link
Read More »Google to Test Data Center Battery Backup That Also Serves the Grid
Google on Wednesday unveiled plans to install its first backup battery at a data center, with ambitions to use the project as a test case for grid service applications. The 3-megawatt, 2-hour-duration battery will be installed at a Google data center in Belgium, a location selected because its market has policies that allow batteries to provide frequency regulation to the grid. Google is already experimenting with load-shifting on a pilot scale. Google has matched its overall… Source link
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