LO3 Blockchain to Connect Microgrids to European Wholesale Power Market

blockchain

LO3 Energy and European electricity exchange EPEX Spot are joining to develop peer-to-peer, blockchain energy trading and transaction systems to link microgrids with the European wholesale power market. Staging an international launch event in Paris this week, EPEX Spot and New York-based LO3 Energy signed a memorandum of understanding to … [Read more...]

Microgrids Among Winners of $20M in Energy Storage Grants from Massachusetts

energy storage grants

Several microgrids are among the more than two dozen winning projects that will share $20 million in energy storage grants announced today by Massachusetts. Reflecting the reality of today’s market, battery technology dominated the winners list, although some projects also employ thermal and flywheel storage. Use of battery storage has increased … [Read more...]

Government Action Opens Doors for Microgrids and Energy Storage in Massachusetts

microgrids and energy storage

The Boston City Council and the Massachusetts Department of Public Utilities last week each separately took action that opens the door toward more microgrids and energy storage in the state. The city council approved a proposal (Docket 0340) on Wednesday to send a home rule petition to the state legislature that would clear the way for the … [Read more...]

New GTM Report Forecasts $12.5B Microgrid Investment within US by 2022

microgrid investment

A report released today by GTM Research forecasts $12.5 billion in microgrid investment within the United States over the next six years. “U.S. Microgrids 2017: Market Drivers, Analysis and Forecast” identifies 3.2 GW of existing microgrid capacity growing to 6.5 GW by 2022, a 14.1 percent compound annual growth rate. The report shows a … [Read more...]

Illinois is the Grid Modernization Market to Watch: Report

grid modernization

Illinois is emerging as the best kept secret in grid modernization, taking big strides that go unnoticed in the shadow of high visibility coastal states that are pushing for flashier industry reforms. That's the word from a new report, “Generation to Generation: An Energy Evolution," by management consulting firm ScottMadden. The report finds … [Read more...]

U.S. DOE Identifies 200 Potential Microgrid Sites in Puerto Rico

microgrid sites

The U.S. Department of Energy has identified 200 potential microgrid sites in Puerto Rico, as part of an effort to rebuild and modernize the island’s devastated electricity system. Bruce Walker, assistant secretary for DOE’s Office of Electricity Delivery and Energy Reliability, described the microgrid sites in a blog he posted last week on … [Read more...]

What is the Future of Microgrids in the Post-Hurricane Virgin Islands?

microgrid opportunities

How best to go about rebuilding is the multi-billion dollar question hanging over the US Virgin Islands as it picks itself up from massive destruction wrought by the recent hurricanes. Hurricanes Irma and Maria took a heavy toll on the islands' electric grids. Irma left St. Thomas and St. John without electricity when it made landfall early … [Read more...]

Why DOE’s Plan Won’t Create a Resilient Grid. But What Might…

resilient grid

A funny thing happened on the way to creating a more resilient grid in the United States. Rather than promoting technologies that actually do this – like microgrids – the Department of Energy (DOE) is pushing old-style generators that are part of the problem. Energy Secretary Rick Perry in September asked the Federal Energy Regulatory Commission … [Read more...]

Microgrid Market: Industry Players Analyze What’s Needed Next to Spur Growth

microgrid market

The microgrid market is growing and evolving, but new regulations and policies are needed to ensure it thrives, according to top industry players. Says Greg Clark, senior project manager, Power Engineers, “We believe the microgrid market is in a state of transition: from a specialized niche market of emergency power systems dedicated to mission … [Read more...]

Microgrid Technology May be Taking Off Faster than Expected

microgrid technology

Rapid disruption in the electric power world has skeptics changing their minds about how quickly microgrid technology will take off. Demand Energy's Doug Staker says he numbers himself among them. With the business case proving itself more quickly than many originally envisioned, microgrid technology is going to “accelerate faster than most … [Read more...]