Energy Storage in Infrastructure Modernization? Yes and Here’s Why

energy storage in infrastructure modernization

Roads and bridges may be what comes to mind for a lot of people when they hear about federal infrastructure improvements. But batteries and other advanced energy storage devices should be on the list too. That’s the word from the Energy Storage Association and 52 private companies and business associations in a letter this week urging … [Read more...]

Americans Worry about a Potental Grid Attack: Poll

grid attack

Americans worry about a potential grid attack, yet are unprepared if one occurs, according to a new poll released by the not-for-profit group Protect Our Power (POP). More than 60 percent of the 1,207 Americans polled in March fear cyber or physical attacks from foreign enemies. Roughly the same number see themselves as unprepared for a power … [Read more...]

Fort Custer Plans a Demonstration Microgrid to Reduce Energy Surety Costs

demonstration microgrid

The U.S. Department of Defense plans to develop a demonstration microgrid project at the Fort Custer Training Center in Michigan aimed at reducing costs for energy surety where military facilities are in close proximity to each other. Advanced technology developer Electricore will lead the project with support from power company Eaton and local … [Read more...]

Facebook and Microsoft Seed $50M Fund for Energy Access Microgrids

energy access microgrids

Facebook and Microsoft are seeding a new $50 million investment fund to create profitable business models for energy access microgrids in areas of the world that lack electricity. Launched April 3, the Microgrid Investment Accelerator (MIA) will initially focus on projects over 5 kW in India, Indonesia and East Africa. Alexia Kelly, CEO of … [Read more...]

Why Energy Blockchain Intrigues Big Players Like Siemens

energy blockchain

Not so long ago energy blockchain technology had the futuristic feel of flying cars or colonies on Mars. But that has changed in recent months as credible players step in to test the transaction platform. Among them is energy giant Siemens, which formed a partnership in November with a startup, LO3 Energy, to figure out how to make energy … [Read more...]

Blackout Tracker Shows the 3,879 Times We Wished We Had More Microgrids

blackout tracker

Rogue lawn mowers. Toppling Cranes. Frogs and snakes. You never know what will cause power outages and get people thinking about microgrids. Eaton’s new Blackout Tracker Annual Report shows 3,879 instances last year when having more microgrids would have been nice. That’s the number of times the power went out for more than 48 minutes, affecting … [Read more...]

New Investment Firm to Finance Microgrids with an Initial $30M

finance microgrids

First comes government support for new energy technologies. Then, if the technology proves out, come private investors. So it's significant to note the launch this week of a new private firm to finance microgrids. Crescendo Power has formed to offer an initial $30 million in equity financing for commercial and industrial microgrids and … [Read more...]

Behind the Rise of Microgrids: News from PJM, Navigant & Macquarie Capital

rise of microgrids

The impetus behind the rise of microgrids Many trace today’s rise of microgrids, energy storage, and distributed energy to the opening of competitive electricity markets. So, it’s worth noting that PJM, the nation’s largest grid operator, is celebrating its 20-year anniversary of operating competitive wholesale power markets. Known in … [Read more...]

Meet the Microgrid Project Winners Selected in Stage 2 of the NY Prize

microgrid project

Here's a look inside the 11 microgrid project winners selected March 23 by the New York Energy and Research Development Authority (NYSERDA) in Stage 2 of the NY Prize. (Also see our related story about the NY Prize Microgrid Winners.) Siemens, which is working on several of the winners, said that the model projects will pave the way for … [Read more...]

NY Prize Announces Stage 2 Microgrid Winners; Sweetens the Pot by $50M Per Finalist

microgrid winners

In a much anticipated move, Gov. Andrew Cuomo today announced the microgrid winners for Stage 2 of the NY Prize, as well as significant new financial support for those who go on to win in the third and final stage. Each of the 11 microgrid projects that won Stage 2 will receive $1 million, for $11 million in total, allotted as part of a $40 … [Read more...]