A new report from BloombergNEF (BNEF) predicts about half of the world’s power will come from renewable resources, including solar and wind, by 2050. The group’s New Energy Outlook 2019, released June 18, noted the trend will be driven by falling prices for solar, wind, and battery storage, along with trillions of dollars of investments […]
The rapid evolution of the world’s power generation landscape is creating challenges for utilities and others in the energy space, as power plant owners and operators adapt to new technologies and changing business models. Jan Vrins, managing director and segment leader for Navigant’s global Energy practice, is immersed in this change. Vrins, who joined Navigant […]
Patrick Lee, who founded and leads PXiSE Energy Solutions, a subsidiary of San Diego, California-based Sempra Energy, is a proponent of energy sharing. His company builds enhanced grid management systems, using data, insights, and algorithms “to maximize efficiency and reliability of all DERs [distributed energy resources] as one system.” In other words, a PXiSE-supported microgrid […]
Hurricane season is underway and summer heat already has arrived in many areas, which again puts the spotlight on utilities, the power grid, and disaster response plans after a series of major weather events and wildfires caused outages and other disruptions in the U.S. and Caribbean in recent years. “We’re seeing these events occur, and […]
Through a series of incentives and mandates, New Jersey is planning to produce 100% of its power from carbon-neutral sources, electrify its vehicle fleet and building sectors, and set mandatory efficiency standards for electric utilities by 2050, an energy blueprint released by the Board of Public Utilities (BPU) suggests. The June 10-released “Draft 2019 Energy […]
Utilities need to adapt as businesses continue to focus on sustainability, looking for cleaner energy sources and viewing such measures as an opportunity to create value, according to a Deloitte study released June 11. What’s less-focused is residential consumers willingness to adopt sustainability improvements, with cost and convenience playing a large role in their choices, […]
Increased power generation from renewable resources such as wind and solar also has created a growing market for energy storage. Generators want to harness that power and have it available when it’s needed, whether or not the wind is blowing or the sun is shining. Rob Allerman, senior director of Power Analytics for Drillinginfo, which […]
Household batteries could contribute to making the grid more cost effective, reliable, resilient, and safe—if retail battery providers, utilities, and regulators can resolve delicate commercial, operational, and policy issues. The growth of battery storage in the power sector has attracted a great deal of attention in the industry and media. Much of that attention focuses […]
Swedish power company Vattenfall is testing a technology that stores energy in salt, with a goal of proving whether the process would be useful for storage of renewable energy such as from wind and solar
Increasingly, today’s electric power grids are interacting with microgrids and in more complex ways. Yet, much work needs to be done to integrate microgrids and flexible demand into the wide-area synchronous
