The Australian government, led by Prime Minister Scott Morrison, late last week boosted the nation's growing microgrid market with a new fund, as described by Sophie Vorrath of One Step Off the Grid. A $50 million fund to support the development of off-grid and fringe-of-grid stand-alone power systems around Australia has been launched by … [Read more...]
Why don't more retailers install microgrids? Here are the barriers — and the solutions — in an excerpt from a new special report from Microgrid Knowledge that explores how retail businesses use microgrids to reduce costs and enhance resiliency and reliability. Always-on power is important in the retail sector for a range of reasons. Without … [Read more...]
The NRG editorial team explores the ins and outs of asset-backed demand response — what it calls "microgrid complexity made simple." Over its first 100 years, electricity improved the way we live and work by bringing light to the world. Now, once again, it’s at the heart of human progress, this time with the rise of smart cities, electric … [Read more...]
New Jersey expects to begin accepting applications in November for its second round of microgrid funding, part of a program that already has 13 towns studying the feasibility of microgrids. As a precursor, the New Jersey Board of Public Utilities plans to seek comments next month on a draft proposal for the second round of the New Jersey … [Read more...]
Connecticut has supercharged development of a 20-MW fuel cell microgrid — part of a $1 billion data center project in New Britain — with a 10-year, $55.2 million sales and use tax exemption. EIP Investments intends to build a microgrid spanning 45,000 square-feet on the site of a shuttered Stanley Black & Decker manufacturing plant in … [Read more...]
Opportunity zones, created in the US as part of the 2017 Tax Cut and Jobs Act, are making a splash among green energy and microgrid investors. “Opportunity zones create tax incentives for investors in real estate, businesses and assets in areas that might not otherwise draw investment,” says John Beidle, chief executive of New Energy … [Read more...]
While it may seem that microgrids are new, the history of microgrids shows they have been around in some form for years in the US — although they haven’t always been called microgrids. The first one was introduced by Thomas Edison in 1882 at his Pearl Street Station, which combined heat and power and produced electricity and thermal … [Read more...]
As California braces for a hot summer and another wildfire season, the state’s two largest utilities have put forward proposals aimed at mitigating those risks, including "resiliency adders," incentives that could encourage the development of microgrids. Both Pacific Gas and Electric and Southern California Edison (SCE) have petitioned the … [Read more...]
Michael Bakas, executive vice president, Ameresco, describes the benefits of green campus microgrids. Such projects help campuses reach sustainability markers, as well as economic goals when they are financed through energy performance contracts. In addition, campus microgrids can serve as learning labs that give graduating students a leg up in the … [Read more...]
This is the latest in a series of articles that emerged from Microgrid 2019, held in San Diego May 14-16. Here we look at issues surrounding microgrid financing. As businesses and enterprises explore microgrid financing, they find themselves grappling with several questions. What are the project's key goals: Resiliency, sustainability or … [Read more...]
Peter Asmus describes findings from a new report by Navigant Research that shows market opportunity for microgrids in every region of the world. Asia Pacific is the top market, especially for remote microgrid systems.
Microgrid benefits include energy reliability, energy accessibility, energy independence, and energy cost optimization. Download the new white paper from Schneider Electric that explores the benefits microgrids can provide and supplies examples of relevant microgrid projects.
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