Electrification of Transportation and Buildings to Drive $13.3 Trillion in New Investment: BNEF

electrification

Demand for electricity will increase 62% though 2050, driving $13.3 trillion in new investment, as the world increasingly pursues electrification of buildings and transportation, according to a new report by BloombergNEF. "The New Energy Outlook 2019" (NEO 2019) forecasts a 12 TW expansion of generating capacity, of which renewables make up … [Read more...]

Can These Electric Vehicle Codes Lead to Grid Benefits?

electric vehicle

New codes requiring electric vehicle (EV) infrastructure in commercial buildings have passed an important hurdle, paving the way for a boost in electric vehicle use that can also provide grid benefits. The commercial International Energy Conservation Code (IECC) committee approved codes proposed by the Southwest Energy Efficiency Project … [Read more...]

Eversource Takes Local Energy Concept to New Level with New Hampshire Microgrid Plan

energy storage microgrid

Eversource plans to develop an energy storage microgrid in New Hampshire that takes the local energy concept to a new level by pairing the microgrid with a bring-your-own-device program. The project also offers an example of a path for utilities to develop microgrids when state rules allow utility ownership of energy storage. Charlotte … [Read more...]

Clean Energy Patents: What’s Up, What’s Down and How Do the Trends Portend Markets?

electric vehicles

A new analysis of clean energy patents reveals increases in electric vehicles and smart green home patents, upswings in blockchain, and decreases in solar and other energy harvesting filings. The report, the Patenting Trends Study, based on data through 2018, also found patents decreasing for smart grids, a term that generally describes the … [Read more...]

Navigant: Microgrids and Virtual Power Plants Will Come to Rely Upon Electric Vehicles as a Source Power

microgrids

When Navigant Research examined nine California microgrids that have a total of 21 MW of generating capacity, it found that the biggest value propositions were renewable energy integration, resiliency and bill savings. But it also found emerging benefits from incorporating charging infrastructure for electric vehicles. “The point is that … [Read more...]

Microgrids “Shining Light” for US in World Energy Markets: Report

microgrid market

US growth lags globally when it comes to technologies used in electricity delivery and management with one exception — the microgrid market — says a new report by the advocacy group Advanced Energy Economy. “In the US market, microgrids are a shining light,” says AEE’s 2019 market report, which looks at global energy revenue trends from … [Read more...]

What Electrification of Transportation and Buildings Means to Microgrids: Interview

solar minigrids

The energy industry is poised for what some describe as a sizable investment shift. Oil and gas lose, and power wins with the growing electrification of transportation and buildings. So what does this mean for microgrids? Mark Feasel, vice president of smart grid, Schneider Electric, offered insight in a recent interview leading up to … [Read more...]

Washington State Public Utility Installs Solar as Part of $12M Microgrid

microgrid

Washington State is getting greener now that the Snohomish County Public Utility District is building a microgrid powered by a 500-kW solar array, which will use lithium-ion battery storage and provide backup power in case of an emergency. The project, which should be ready for testing late in 2020, will cost $12 million and it will receive … [Read more...]

Bipartisan Group of US Lawmakers Introduce Extension of Electric Vehicle Tax Credit

electric vehicle tax credit

Electric vehicles got a nice jolt on Wednesday as a bipartisan group of US lawmakers introduced a bill to update and extend the federal electric vehicle tax credit. The way the law is written now, electric vehicle buyers get a tax credit of $7,500 but that deduction phases out once a carmaker sells 200,000 of them. Under the new bill, those … [Read more...]

Beneficial Electrification: Power as the Energy Source for Travel, Homes, Farms

Beneficial Electrification

NRDC's Derek Murrow describes a partnership with America’s Electric Cooperatives to bring 'beneficial electrification' to areas of the economy traditionally reliant on fossil fuels. What if your water heater could function as a backup battery for the electric grid, and your kids rode to school in a clean electric bus that charged overnight, … [Read more...]