S'abonner

AES joins forces with X to Digitize its Electrical Network

AES Corporation is now working with X (ex-Google X) to accelerate the deployment of clean energy in power grids.|AES Corporation is now working with X (ex-Google X) to accelerate the deployment of clean energy in power grids.

Share:

AES Corporation is now working with X, the moonshot factory (formerly Google X).
Objective: to accelerate the deployment of clean energies in power grids.
All the while reducing costs.

AES partners with X, the moonshot factory

AES is working with X to simulate and virtualize distribution networks in Indiana and Ohio.
Near-real-time network virtualization technologies will enhance the customer experience by testing new ideas.
But also by optimizing the grid for renewables, improving reliability and introducing new efficiencies into the system.

“One of the main obstacles to moving to a renewable and reliable power system is having a complete real-time picture of what’s happening on the power grid,” explains Audrey Zibelman, Vice President and General Manager of X Power Grid.

The aim is to build a modern, green network.

AES supplies Google with decarbonized energy

This work complements the 10-year strategic alliance AES formed with Google in 2019 to leverage Google Cloud technology to accelerate innovation in energy distribution and management.
As well as AES’s groundbreaking agreement to provide 24/7 carbon-free energy to Google’s data centers in Virginia.

  • Populaires ​
MN8 Energy raises $575mn with Natixis CIB to strengthen its US solar debt
Carbon2Nature and Uría Menéndez launch reforestation of 90 hectares in Salamanca
TNB, Petronas and Terengganu Inc launch green hydrogen hub and hybrid solar in Malaysia
Occidental Petroleum reduces production in the Gulf of Mexico in the second quarter
Azule Energy announces major offshore gas discovery in the Angolan Congo Basin
Iberdrola secures €2.5bn credit line from 32 international banks
Iberdrola strengthens its financial position with a new five-year credit facility, signed with 32 banks, to support investments in power grids and renewable energy, particularly in the United States.
Kinder Morgan posts sustained growth and strengthens project portfolio to $9.3bn
Kinder Morgan, Inc. reports strong financial results for the second quarter of 2025, with net profit up 24% and a project backlog boosted by major new investments in natural gas transportation.
CenterPoint Energy strengthens its measures for Invest 93L and continues resilience actions
CenterPoint Energy remains vigilant as Invest 93L approaches, deploying emergency plans and pursuing upgrades to its electrical infrastructure across the Greater Houston area.
Georgia Power receives approval for 8,500 MW energy growth plan by 2030
The Georgia Public Service Commission approves the 2025 Integrated Resource Plan, which includes major investments in generation, storage and the grid to address the strong rise in electricity demand.
Aker ASA posts 24% share increase and accelerates real estate strategy in 2025
Norwegian industrial group Aker ASA achieved a strong surge in its share price in the first half, expanded its diversification into real estate, and executed major transactions despite global energy market volatility.
ADNOC transfers 24.9% stake in OMV to its subsidiary XRG to strengthen international strategy
ADNOC announces the transfer of 24.9% of its shares in OMV to its subsidiary XRG, continuing the streamlining of its international assets and preparing the creation of Borouge Group International.
Global business leaders gather in Beijing for inaugural SMI China forum on sustainable innovation
The SMI China Forum brings together international and Chinese leaders for dialogue on supply chains, investment and energy innovation, marking a major step in public-private sector cooperation.
BHP considers Australian “green iron” sector too costly despite China talks
Mining group BHP sees low-emission iron production in Australia as unprofitable, just as Canberra and Beijing announce closer cooperation to decarbonise the global steel industry.
Aker Carbon Capture pays $162mn in dividends after selling its main assets
Aker Carbon Capture distributed $162mn in dividends to its shareholders, a direct consequence of significant asset disposals and a substantial restructuring of its balance sheet in the second quarter of 2025.
Equinor buys 2.1 mn of its own shares for $201 mn in second 2025 phase
Equinor ASA acquired 2.1 mn of its own shares on the Oslo Stock Exchange for a total of $201 mn between July 7 and 11, continuing the second phase of its 2025 buyback programme.
Aker Horizons finalises the merger of its holding company with Aker ASA and restructures its portfolio
Norwegian group Aker Horizons transfers all its activities to a subsidiary of Aker ASA, sells major assets and prepares its new strategy after a half-year net loss of $220mn.
South Texas Electric Cooperative launches tender for 500 MW of dispatchable capacity
South Texas Electric Cooperative is seeking proposals for the acquisition or purchase of energy for 500 MW of dispatchable capacity, aiming to strengthen long-term supply security in the ERCOT region.
Canada allocates $16mn to modernise grids and drive energy innovation in the Maritimes
A federal funding package of $16mn aims to accelerate grid modernisation, renewable energy development and carbon capture in Canada’s Maritime provinces.
RTE and Nexans launch an industrial chain to recycle 600 tonnes of aluminium per year
RTE and Nexans announce the creation of a recycling chain dedicated to aluminium from electrical cables, targeting 600 tonnes annually and covering the entire industrial cycle from collection to production.
Three researchers win the 2025 Global Energy Prize for technological advances
Three scientists from China, the United States and Russia are laureates of the 2025 Global Energy Prize, honoured for their work on high-voltage power lines, fuel-cell catalysts and pulsed energy technologies.
Rio Tinto: five strategic priorities to close a 40% valuation discount
Rio Tinto’s new CEO inherits a significant stock market discount and will need to overcome major regulatory, operational, and financial hurdles to swiftly restore the company's appeal to international investors, according to a Wood Mackenzie analysis.
Westbridge launches Fontus, a strategic 380 MW data centre in Colorado
Westbridge Renewable Energy enters digital infrastructure market with Fontus, a 380 MW data centre campus in Colorado, positioned to meet strong growth in US cloud and artificial intelligence services.
Borr Drilling raises $102.5mn through issuance of 50 million ordinary shares
Offshore drilling company Borr Drilling Limited announced the completion of an initial tranche issuance of 30 million ordinary shares out of the planned 50 million, raising $61.5mn towards the total goal of $102.5mn.
EDF Restructures Governance to Accelerate Nuclear and Hydroelectric Projects
EDF announces a new internal organization with key executive appointments to enhance decision-making efficiency and expedite the revival of nuclear and hydroelectric projects central to its industrial strategy.
Rubis unveils half-year report on liquidity agreement with Exane BNP Paribas
Rubis announces half-year results of its liquidity agreement managed by Exane BNP Paribas, totalling 241,328 shares exchanged for an aggregate amount of €6.5mn in the first half of 2025.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING