Deloitte

The U.S. power sector stands at a juncture, facing a confluence of factors that are poised to trigger an era of unprecedented growth and necessitate a large influx of capital. Driven by the increasing demand from data centers, the reshoring of manufacturing, and electrification across transportation, heating, and industry, the demand for electricity is rising at a pace unseen in recent decades.

Utilities and power grid operators walk a fine line when it comes to providing reliable and resilient power while also protecting valuable assets in the electricity transmission and distribution system. Power

Deloitte, a group providing a variety of services for business and industry, in a new report published June 12 notes the importance of distributed energy resources (DERs) to the future of power generation and consumption. The report, titled “DERstribution Transformation: Harnessing the power of the household to meet utility decarbonization and affordability goals,” says that […]

Investments in renewable energy resources across the U.S. continue to grow, supported by increased federal funding, legislation that improves project economics, and growing demand for cleaner energy. Deloitte, which provides insights and solutions for several industries including the energy sector, on Dec. 5 released its industry outlook for 2024 for renewable energy in the U.S., […]

Energy industry analysts have said energy storage will be needed to support the integration of renewable energy into the U.S. power grid, and to provide grid flexibility and reliability. Energy storage, including the use of battery energy storage systems (BESS), also will support moves toward electrification and continued decentralization of U.S. power generation. A new […]

Traditional models have been upended by recent disruptions, including decarbonization, decentralization, and even the COVID pandemic, but new ones are replacing them that focus on customer preference

The market for microgrids continues to expand, with utilities, businesses, and neighborhoods installing a variety of technologies in systems designed to ensure a reliable and resilient supply of power. The

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, […]

Public power utility Salt River Project (SRP) will launch Arizona’s first battery energy storage project to provide flexible peaking capacity. Energy storage firm Fluence will supply a 10-MW, four-hour duration system to AES Corp., which has a 20-year agreement with SRP for the project to be built in Chandler. AES owns Fluence in partnership with […]