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So, What Exactly Is Building Electrification?

GreenTechMedia

Buildings were first electrified nearly 150 years ago. So, why is it that “building electrification” is now among the energy industry’s most popular buzzwords? Most buildings run on multiple fuels. They use electricity to power lights, refrigerators and electronic devices.

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As Residential Solar Deployments Fell, the US Home Battery Market Powered On

GreenTechMedia

economy into free fall this spring, the energy storage industry delivered its second-best quarter ever in terms of megawatts installed. Residential storage companies installed 48.7 Residential storage companies installed 48.7 Energy Storage Association. Even as the coronavirus pandemic sent the U.S.

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Revamped Energy Efficiency Programs Are the Key to Deep Carbon Reductions

GreenTechMedia

Climate Alliance , which pledges to reduce greenhouse gas (GHG) emissions by at least 26 percent by 2025 — a steep goal now only five years away. The electric power industry is a long-standing partner in this push toward a clean energy future, as demonstrated by its significant CO2 emissions reductions.

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5 Major Trends Driving the $80B US Distributed Energy Resources Market Through 2025

GreenTechMedia

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.

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WoodMac: Biggest US Battery Build-Out Ever in Q3

GreenTechMedia

energy storage industry smashed its quarterly installation record with an influx of major projects in the third quarter. The growth came in spite of the coronavirus fallout, which slammed the broader economy and conventional energy companies in particular. gigawatts in 2025, which amounts to sixfold growth from 2020. "It’s

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WoodMac: COVID-19 Driving Down Solar and Storage Prices Faster Than Expected

GreenTechMedia

The fallout from the coronavirus pandemic and coming recession is expected to drive down pricing for both front-of-the-meter solar 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.

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How New Building Rules Can Revitalize Residential Solar in England

GreenTechMedia

Tighter rules on the carbon footprint of new homes in England look set to trigger a fresh boom for residential solar. New homes will be expected to produce 31 percent less carbon dioxide than they do now, according to plans laid out this week , which will require better energy efficiency and being “heat pump ready.”