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How to value solar plus storage. In the wake of California’s summer of wildfires, blackouts and planned outages, many consumers and businesses are clamoring for more resilient options. The crisis has turbocharged interest in systems that deliver power even when the grid is down. Adam Aston. Tue, 11/03/2020 - 01:00.
Aerial drone image of solar panels on the roof of a high rise building in London. Solar Trade Association (STA) chief executive Chris Hewett said: “It’s a New Year and a positive new start for owners of small solar PV systems. per kWh of power exported to the grid.
New York City may be weeks away from seeing tidal power injected onto the local grid. The Roosevelt Island Tidal Energy (RITE) installation will feature three underwater 35-kilowatt turbines on a single triangular base called a TriFrame. Still, the path toward bigger tidal arrays, and even demonstration projects, looks challenging.
And in energy circles, one of the biggest buzzwords in recent years is the virtual power plant, or VPP. But VPPs have really taken off in the last 10 years, not just as a concept but as something that a growing number of energy companies are creating, using and commercializing.
New Orleans headquartered energy company Entergy has reported upgrading more than 3 million electricitymeters for home and business customers. The milestone recorded on December 31, 2021 marks completion of the initial phase of the company’s grid modernisation initiative, which was launched in January 2019.
Stem, the decade-old behind-the-meter battery startup that was seeking a buyer earlier this year to bolster its growth ambitions, is now launching a plan to go public via a special-purpose acquisition corporation (SPAC) reverse merger. Friday’s announcement names Star Peak Energy Transition Corp. billion in late 2019 to about $2.7
The fallout from the coronavirus pandemic and coming recession is expected to drive down pricing for both front-of-the-metersolar and storage systems even faster than expected. Project construction delays and tightening consumer spending will drive down storage and electric vehicle demand, according to Wood Mackenzie.
A settlement has been reached on the FirstEnergy Ohio utilities’ second phase grid modernisation plan, including expanding the state smart meter rollout. The first phase included the installation of approximately 706,000 smart meters , while the second phase will allow for expansion for the remaining estimated 1.4
Compiled by global climate tech company, IES, using its digital twin technology, the Local Area Energy Plan (LAEP) identified changes to the borough’s buildings and energy generation needed to hit the net zero target. The rollout of solar alone, in suitable and moderately suitable locations, is estimated to cost just under £500m.
economy into free fall this spring, the energy storage industry delivered its second-best quarter ever in terms of megawatts installed. Despite social-distancing orders, more customers than ever before added batteries in their homes to store solarpower and provide backup power amid hurricanes, wildfires and other types of grid outages.
Jason Dreisbach fields at least half a dozen calls every week from people trying to sell him a technology to lower his energy costs. Cold storage — from frozen food warehouses to grocery and restaurant refrigeration — has one of the highest energy costs of any industry; energy expenditures are usually second only to payroll.
Remote minigrids are a tough market for a traditional smart meter vendor. The meters that minigrids use need to be cheap, rugged and reliable, and they must be able to adjust to the often unstable operating conditions of solar-powered standalone grids. ” The World Bank’s International Finance Corp.
gigawatt natural gas power plant in the U.K. have been shelved by the developer Drax, highlighting the challenging economics of converting coal-fired power to a cleaner, but still fossil-fuel-fired, alternative. ’s largest power plant. GW of power output to biomass, with a remaining 1.3 Plans for a new 3.6-gigawatt
Florida regulators unanimously approved Florida Power & Light’s proposed community solar program this week, rubber-stamping the build-out of nearly 1.5 gigawatts of utility-built solar in the state. The installations would nearly double the 2 gigawatts of community solar currently installed across the U.S.
energy storage industry capped off its biggest year of installations with its largest single quarter in Q4. energy storage installation topped 522.7 megawatts/1,113 megawatt-hours in 2019 as a whole and 186.4 energy storage installation topped 522.7 megawatts/1,113 megawatt-hours in 2019 as a whole and 186.4
Residential and commercialenergy storage installations are taking a hit as the U.S. The behind-the-meter storage segment will install 31 percent less capacity in 2020 than previously forecast, according to a new analysis by research firm Wood Mackenzie. tackles the coronavirus pandemic.
billion Self-Generation Incentive Program budget to help low-income communities install about 100 megawatts of stalled behind-the-meter battery projects. The shift won’t tap the $613 million in SGIP funds earmarked for low-income and medically vulnerable customers at highest risk of fire-prevention power outages.
California is facing a major decision under a tight deadline — whether it should push for large-scale power plants and batteries to prevent a repeat of its August 2020 rolling blackouts this coming summer, or turn to behind-the-meter resources like batteries and demand response. 14 and 15 last year. 14 and 15 last year.
A new report from power market analytics firm Aurora Energy Research suggests that increased deployment of (and continued improvements in) virtualisation technology could reduce potential future European computing emissions 55% by 2040.
Circuit breakers are everywhere, providing critically important electrical safety in buildings, vehicles and electrical devices of all kinds. The company commercialized a UL-listed solid-state digital circuit breaker in 2019. Now it is expanding into two new markets: EV charging and residential energy automation.
Total control of powerusage: from solar to EV and back to the house. Emporia Energy, which makes an energy management system for homes and small businesses, has launched a new smart Level 2 charger, and plans to offer bidirectional capability soon. The last one I was running is called Concord Energy.
In the space of just a few days, two separate projects have brought the promise of offshore floating solar a step closer to commercial reality. First, the oil and gas major Equinor announced its involvement in an offshore floating solar trial with Moss Maritime off the Norwegian island of Frøya.
market for distributed energy resources will look very different in five years than it does today. And electric vehicles will give utilities and regulators the opportunity to promote pricing regimes to encourage charging when electricity is abundant — or suffer potentially grid-destabilizing consequences.
It isn’t easy to transform a century’s worth of electricity infrastructure from the ground up, particularly in the face of climate change-induced firestorms. California’s community choice aggregators, a growing force in the state, have also taken distributed solar-storage projects to protect their most vulnerable customers.
Exceedingly few batteries actually live up to the vision of “storing clean power for when the sun isn’t shining.” Here are the tastiest stories that emerged in 2019, in no particular order. It serves clean power at night cheaper than incumbent fossil fuels. Massive utility procurements.
gigawatt-hours of energy storage capacity in 2020, more than double the 499 megawatt-hours installed in 2019. gigawatt-hours this year, according to Wood Mackenzie's latest report on Australia's energy storage market. Falling battery costs will lead to improved overall capex for the energy storage sector.
During last week’s heat-wave-driven grid emergency in California, grid operator CAISO and the state’s utilities sent out desperate calls to demand response providers, behind-the-meter battery aggregators, electric-vehicle charging providers, microgrid operators and backup generator owners, seeking whatever help they could provide.
It’s been more than half a decade since grid watchers first began talking about the concept of trading energy with your neighbors across peer-to-peer platforms. Such pitches often come with promises of lower electricity prices and more stable grids. “The electricity system in the U.S. an expert says. van Soest said.
residential energy aggregator Social Energy is planning international expansion after gaining multimillion-dollar backing from U.S. ” Minneapolis-based CarVal Investors bought into Social Energy in December last year, the energy company said in a press release. Power Networks. In the U.K., In the U.K.,
In August, we published the top 10 utility regulation trends of 2019 — so far. With 2019 wrapping up, we look at the 10 trends and actions that stand out above the rest. Implementing 100% clean energy commitments. have now set 100 percent clean energy targets. At least 13 states plus Puerto Rico and Washington, D.C.
In this Greentech Media series, we’re asking people with jobs in cleantech — from installing solar panels, to permitting wind projects, to promoting building energy efficiency software — to tell us what they really do all day. What do people in energy storage business development do?
Last month’s preventative power shutoffs in California highlighted the vulnerability of the electricity grid to threats exacerbated by a changing climate. But what about the mobile battery packs carried in the hundreds of thousands of electric vehicles now on the road in California?
Spain’s booming renewable energy market is attracting the attention of an unlikely retail segment: mobile phone companies. Phone firms including national leader Telefónica are jostling to offer clean energy alongside more traditional products such as broadband connections. A boom brought on by the end of the sun tax.
Residential batteries outperformed the rest of the energy storage sector in first quarter deployments. The first quarter of 2020 marked the fourth consecutive record for home battery installations, according to the new Energy Storage Monitor , from Wood Mackenzie and the Energy Storage Association.
Contributed by Frank Jossi, Energy News Network. Four batteries are being installed at a North Minneapolis green jobs training center in one of the country’s first “virtual power plant” pilot projects. Each battery will simulate a household buying and selling power with neighbors. The North Minneapolis training center.
A Monday announcement again underlines that expanding influence: eight CCAs have teamed up on a joint powers authority, an entity joining public agencies in service of a common goal. Taken together, the new group, California Community Power, serves 2.6 Taken together, the new group, California Community Power, serves 2.6
While an audible sucking-in-of-breath might have seemed in evidence with energy experts appraisal of the technical challenges of speeding-up the transition to electric vehicles, other observers waxed lugubriously about a lack of ambition in the plan. Electric avenue. Making EVs more affordable was seen as still a major hurdle.
Governor Michelle Lujan Grisham signed the Energy Transition Act ( SB 489 ) in 2019, which introduced the idea of a community solar program, and also mandated that New Mexico move to 50% renewable energy by 2030. After a three-hour filibuster , the Community Solar Act ( SB 84 ) passed on April 5, 2021.
The world’s largest asset manager has a new multibillion-dollar renewable energy fund in the works, and a good chunk of it may go to batteries. billion into more than 250 wind and solar projects around the world, a fleet that generates enough power to keep the lights on in Spain. energy storage market, Torres said.
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.
Predicting the future is easy; getting the exact timing is very hard — especially with all the emerging technologies and requirements facing the solar and storage industry. So this year I’m giving myself a whole decade to get these behind-the-meterenergy system predictions mostly right. Do you have an app for that?
Reaching Net Zero operations by 2050 will require huge changes in industrial practices – such as how we use energy and source raw materials – but despite all the challenges, the target is achievable writes Rob Jenkinson. After all, manufacturers are typically energy-intensive businesses. This is a tough challenge.
residential solar market just experienced its best-ever quarter, with 712 megawatts (DC) installed. state markets, and there is opportunity across the solar value chain. PV Leaderboard, Q4 2019. residential solar sector. home solar market? As of Q3 2019, market share for this "other" group has fallen to just 20.3
Sunrun is landing contract after contract to put solar-charged residential batteries to work serving grid needs. On Thursday, it picked Silicon Valley energy management software startup AutoGrid to help it optimize this growing fleet. “You really need the power of big data and machine learning to do this in a scalable manner.”
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