Microgrid Economics: Look Beyond Average Pricing in Volatile Markets

microgrid economics

Today’s low wholesale power prices suggest it’s a bad time to build power plants. But microgrid economics work differently. Turns out microgrids can thrive in the new wholesale market, according to Enchanted Rock (ERock). While large generation plants are suffering, the Texas-based microgrid developer says its finding opportunity because of the … [Read more...]

Three Ways Fuel Cell Microgrids Lower Energy Cost

fuel cell microgrids

Businesses and institutions install fuel cell microgrids for many reasons. Driving down energy costs is a big one. Here we look at three ways fuel cell microgrids create financial advantage: By competing with utility pricing Through favorable financing models that reduce customer risk In achieving efficiencies through use 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...]

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...]

Horizon Power’s Plan to Become the Leading Company for Microgrids in the World

leading company for microgrids

RenewEconomy’s Giles Parkinson describes an effort by Australia's Horizon Power to reduce fossil fuel subsidies and become the leading company for microgrids in the world. The Australian government’s official position on fossil fuel subsidies is that it doesn’t pay any. Leaving aside the unmet environmental and climate costs of burning fossil … [Read more...]

Tweets, Bets, Billionaires…Tesla Says Rule Changes Would Boost Energy Storage in Australia

boost energy storage

RenewEconomy's Giles Parkinson describes a push by Tesla to boost energy storage in Australia by removing regulatory barriers. Tesla has joined the growing chorus calling for a complete rethink of Australia’s energy market rules, saying they have been designed for old-fashioned centralized fossil fuel technologies, and do not encourage all the … [Read more...]

Microgrid Revenue Rose 29% Worldwide in 2016; Energy Storage up 45%

microgrid revenue

Microgrid revenue rose 29 percent from 2015 to 2016, reaching $6.8 billion globally, according to a report issued today by Advanced Energy Economy (AEE). Prepared by Navigant Research, AEE’s 2017 Market Report also found that Asia Pacific led the microgrid market followed by North America. In the United States, the microgrid market continued … [Read more...]

Small Texas Microgrid Company Receives $10 Million Boost from Utility Investors

microgrid company

Texas microgrid company Enchanted Rock (ERock) has won $10 million in institutional financing from Energy Impact Partners (EIP), a consortium of global utilities. The investment comes as the small microgrid company makes its mark with an innovative business model, what it calls Demand Electric Reliability. ERock aggregates natural gas … [Read more...]

Australia Launches Digital Energy Exchange for Rooftop Solar and Storage

digital energy exchange

Sophie Vorrath, of One Step Off the Grid, describes a new government-backed digital energy exchange that allows trading of local solar and storage in Australia. The Australian energy market is set for a major shake-up with the launch of a major new government-backed initiative to create an open marketplace for locally generated and stored … [Read more...]

Energy Storage in Wholesale Markets: Microgrids as Big Batteries?

energy storage wholesale market

Comments have poured into the Federal Energy Regulatory Commission (FERC) in recent weeks on proposed rules that industry players say would boost energy storage in wholesale markets and open new opportunity for microgrids. Issued in November, the FERC Notice of Proposed Rulemaking (NOPR) attempts to smooth the way for energy storage to transact … [Read more...]