Ormat to Expand into Energy Storage and Demand Response by Acquiring Viridity

energy storage and demand response

Geothermal leader Ormat Technologies plans to diversify into energy storage and demand response with the $35 million acquisition of software and microgrid technology company Viridity Energy. The Nevada-based Ormat announced the deal today and hopes to close this year. Citing strong growth in energy storage, Ormat said the acquisition will … [Read more...]

Navigant Counts 126 New Microgrid Projects & Other News from Ameresco, Demand Energy and UET

new microgrid projects

Navigant identifies 126 new microgrid projects; US still on top Navigant has identified 126 new microgrid projects in its recently released 4Q16 microgrid deployment tracker. In all, Navigant counted 1,681 microgrid projects worldwide, representing 16,552.8 MW. While still nascent, the microgrid industry is slated for steep growth, according … [Read more...]

Residential Microgrids for the Masses?

residential solar microgrids

Residential microgrids will be attractive to the masses in the form of standardized battery-plus-solar PV systems, says Suleman Khan, co-founder and managing partner of Swell Energy. In the past, homeowners—and those who sell clean energy to them—were going about it all wrong, often installing oversized solar systems without batteries, … [Read more...]

When are Microgrids Virtual Power Plants & Why Does it Matter?

microgrid virtual power plant

When are microgrids virtual power plants, and what change do they bring to the central grid? The market for virtual power plants, and the technologies that enable them, are growing quickly, in large part driven by the lower costs of solar and energy storage. Thanks to these cost declines, we’re seeing more and more distributed energy coming … [Read more...]

Water Heaters: As Sexy as Tesla?

Soon our water heaters may give us a lot more than hot showers.  New technology lets water heaters provide services to our electric grid. Margaret McCall of the Rocky Mountain Institute explains how. Of all the new tech emerging on the energy landscape, water heaters seem an unlikely contender. Alongside battery players like Tesla, with its Model … [Read more...]

Two California Utilities Get Creative with EV Charging

California is getting innovative with EV charging, having approved two utility proposals expected to expand charging and boost the numbers of electric vehicles (EVs) on the road. In the first, the California Public Utilities Commission (CPUC) approved a proposal by Southern California Edison to invest $22 million in its "Charge Ready and Market … [Read more...]

Supreme Court Hands Demand Response a Big Legal Win in Market Battle with Generators

The U.S. Supreme Court handed demand response a big legal win today in a landmark battle over making energy savings as valuable in wholesale markets as energy production. The high court decision removed a lower court ruling that had threatened to stymie use of demand response, a mechanism where energy users are paid to reduce consumption when the … [Read more...]

Energy Storage Financing Takes Off…Energy Efficiency Geekdom…Latest Creation by Circular Economy Guru

Solar growth took off in a big way when the industry began offering no money down financing. Now the same appears to be happening in energy storage financing. Green Charge Networks offers its customers what it describes as the industry’s first no-cost, performance-based financing model, the Power Efficiency Agreement. The company expects the model … [Read more...]

The Wow Factor About the Value of Demand Response in Two States

J.R. Tolbert says he knew a recent report about the value of demand response in Massachusetts and Illinois would show positive benefits. But when the senior director of state policy at the Advanced Energy Economy saw the numbers in AEE's new report,"Peak Demand Reduction Strategy," he was wowed by the savings reaped in the two states. "When I … [Read more...]

Demand Flexibility: How to Steer a Flock of Birds and Make the Electric Grid Better

The electric industry is expected to spend a lot of money, about $1 trillion, over the next 15 years on grid infrastructure. But it may be able to cut back on that bill through 'demand flexibility,'  a term coined by the Rocky Mountain Institute. Demand flexibility is basically using smart grid technology to better manage what you've already got, … [Read more...]