Electrification

With the transition to electric vehicles, utilities are becoming the new “gasoline wholesalers” as they provide critical fuel for transportation. Understanding their complex energy rate structures could make or break your EV charging business. Demand charges, in particular, can be toxic to your bottom line. There’s an ongoing industry-wide debate about how utilities should handle […]

Utilities are just beginning their journeys to speed up deployment of electric vehicle (EV) charging infrastructure in reaction to increasing EV penetration. In the U.S., EV sales have risen nearly 50% between 2022 and 2023, now accounting for 8% of total industry sales (the Biden administration has a goal of 50% new vehicle sales comprising zero-emission vehicles by […]

Have you noticed more electric vehicles (EVs) driving around your neighborhood? According to Kelley Blue Book’s “Electric Vehicle Sales Report Q3 2023,” EV sales volume in the U.S. set a new record in

There are a few great reasons that utilities and the energy industry, in general, are looking for the next big thing. Whether that’s in distributed energy generation or demand flexibility to free up existing resources, utilities are challenged more than ever to meet evolving customer needs. While this will prove costly in the short term, […]

With states like Ohio, Pennsylvania, and Hawaii beginning to execute their National Electric Vehicle Infrastructure (NEVI) Formula program plans, utilities within these states are rapidly coordinating the electrical power requirements needed to support these public electric vehicle (EV) charging stations. The influence of utilities on power infrastructure, including grid modernization, capacity growth, and energy management, […]

The Department of Energy (DOE) has initiated a new “enabling” pathway to achieve and sustain a dramatic transformation of the nation’s evolving grid—through its power electronics fabric, with the realization of advanced semiconductor materials, devices, and power module technologies. The agency on Nov. 21 unveiled the agency’s first awards—$42 million for 15 projects across 11 […]

As more businesses consider electrification efforts to reduce their carbon impact, energy decision-makers must not lose sight of the critical role of overall energy efficiency efforts. While electrification upgrades are often more efficient and can reduce overall energy demand for consumers, an increasingly volatile energy market means it’s as important as ever to have an […]

Government officials in the UK have shown further support for a plan to bring renewable energy from a massive project in Morocco to Britain, one of at least three projects worldwide in which miles-long subsea

Canada Commits CA$3B to Complete Romania’s CANDU Nuclear Construction. Canada will loan CA$3 billion in available export financing to Nuclearelectrica S.A. (SNN), Romania’s state-owned operator of the

Brookfield Asset Management announced the launch of Deriva Energy, the new name for Duke Energy’s former unregulated commercial renewables business that Brookfield acquired earlier this year. Deriva, which considers itself a leading operator and developer of clean power projects in the U.S., is headquartered in Charlotte, North Carolina. Brookfield on Oct. 25 said it had […]