Schneider Electric and software company Arensis will team up to develop smart microgrids using blockchain to help those in remote areas of the world make electricity transactions. A major player in microgrids, Schneider Electric has already delivered several distributed energy projects with California-based Arensis. The companies will now … [Read more...]
In this edition of Industry Perspectives, Karen Morgan, president and CEO of Dynamic Energy Networks, explores what DEN calls the "community resilience imperative," and how innovative private funding strategies are streamlining the path to sustainable, local economic success through energy-as-a-service. The central goal of both public and … [Read more...]
Fuel cell manufacturer Bloom Energy has secured $100 million in project financing from Key Equipment Finance, as it sees demand grow for microgrids. Key will provide lease financing for fuel cell projects in the commercial and indusrial sector, totaling about 10-15 MW. Bloom Energy says it will now be able to offer shorter term deal … [Read more...]
The California Energy Commission (CEC) wants to make microgrids more bankable. But to do so it must first translate DER and microgrid complexity into simplicity. That's the aim of a $2 million grant that the commission awarded to the Electric Power Research Institute (EPRI). In turn, EPRI has hired Bankable Energy/Xendee -- developer of … [Read more...]
New York regulators this week voted to expand -- beyond just solar -- the distributed energy resources eligible for compensation under the state’s new value stack crediting. The Public Service Commission gave a greenlight to apply the credit to certain energy storage projects, along with tidal energy, biomass and food-waste digestion … [Read more...]
The U.S. Department of Energy (DOE) plans to allot up to $10 million to seven combined heat and power (CHP) projects, some of them CHP microgrids, to explore the technology’s use by small-to-midsize manufacturers. CHP is considered a highly efficient form of distributed energy because it uses the waste heat created during power production. … [Read more...]
Connecticut has released $5 million to establish a microgrid project at the U.S. Naval Submarine Base in Groton. Announced last week by Gov. Dannel Malloy, the grant comes from the Connecticut Microgrid Program. Now in its fifth year, the program has issued $18.4 million for ten microgrids. Nine are in operation and one is under … [Read more...]
California’s large influence on the energy industry bodes well for US microgrid growth, following the state's passage last week of microgrid legislation that other states are likely to emulate, say industry players. SB 1339 opens the door for creation of a microgrid tariff and predictable interconnection rules and time frames. Both create … [Read more...]
The Rockefeller Foundation recently announced it will invest $20 million to expand energy access in rural India over the next three years. Off-grid renewable minigrids, as microgrids are known in India, figure prominently in the foundation's plans. Smart Power India, a program launched by the foundation in 2015, intends to bring sustainable … [Read more...]
In this edition of Industry Perspectives, Siemens’ Clark Wiedetz explores a variety of microgrid financing options that can help better manage risk and enhance microgrid value. Imagine you made the decision to move forward with a microgrid and now it is time for the dreaded question of how to pay for it. One simple preferred business … [Read more...]
Veolia’s Mike Byrnes discusses the importance of turning hindsight into foresight by planning and implementing energy resiliency ahead of the next natural disaster.
This report details how the integrated power system could look after the full implementation of the proposed plan, when outdated equipment not compliant with the federal Mercury and Air Toxics Standards has been retired and replaced by renewable generation supported by storage. Download this report to learn more.
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