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...]
Even as the market grows, developers struggle to obtain microgrid financing. Why? What are the obstacles? And how can project developers overcome them? The Microgrid Knowledge white paper, “How to Get Your Microgrid Projects Financed,” explores these issues through interviews with prominent developers, financiers and other sources. Below is an … [Read more...]
The Zero Net Energy Alliance yesterday won approval of a $5 million grant from the California Energy Commission to demonstrate advanced microgrids at schools and residential areas in the city of Lancaster. The project will create a virtual power plant to save money, generate revenue and enhance grid resilience. A non-profit, the Zero Net … [Read more...]
Even as the market grows, developers struggle to obtain microgrid financing. Why? What are the obstacles? And how can project developers overcome them? The Microgrid Knowledge white paper, “How to Get Your Microgrid Projects Financed,” explores these issues through interviews with prominent developers, financiers and other sources. Below is an … [Read more...]
Is it time to look beyond just emissions from power plants and vehicles and consider embedded carbon in steel, scrap metal, minerals and other building blocks?
In the early 20th century, the centralization of electricity production made huge process, enabling significant economies of scale and improved power plant efficiency. Today, decentralization could help tackle the energy challenges of the 21st century by creating an optimized way to access reliable, green and resilient energy. Download the white paper from Schneider Electric that explores decentralization and the role of microgrids.
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