Minigrids in Nigeria: A $20B Business Opportunity for the Greater Good

Nigeria

Minigrids represent a $20 billion business opportunity in Nigeria and a chance to improve the lives of over half the population that remain without electricity, according to a report released today. Prepared by the Rocky Mountain Institute and the Nigerian Economic Summit Group, the report focuses on how lack of electricity impedes business … [Read more...]

California Seeks Way to Get Energy Choice Right This Time

customer choice

Given its influence, it’s never a pretty sight when California goes astray on energy policy. The energy crisis of 2000-01 still looms large. Its rolling blackouts and skyrocketing costs impaired America’s then nascent customer choice movement. But fast forward nearly two decades and customer choice is reborn -- although not in the way the … [Read more...]

DSP Isn’t Just Any Old Energy Acronym. National Grid Shows Why in Buffalo

DSP

The energy industry loves its acronyms. One often heard in New York is DSP, which stands for distributed system platform. The three letters hold a lot of meaning for those in the distributed energy business, as a National Grid project in Buffalo has begun to demonstrate. DSP describes a new utility business model that the state is moving … [Read more...]

Three Events that Signal Change in the Microgrid Landscape

microgrid growth

As energy insiders gathered in Chicago last week at Microgrid 2018, three events unfolded that signal how microgrid growth may take shape in the coming months and years. The first is the accession of microgrid champion Anne Pramaggiore to CEO of Exelon Utilities, one of the largest utilities in the US. The second was an entrance of an oil … [Read more...]

Building a Microgrid Incrementally to Avoid Breaking the Budget

Ameresco

Michael Bakas, executive vice president of distributed energy systems at Ameresco, and Will Agate, president & founder of NetZero Microgrid Solutions, offer ideas on how to build a microgrid incrementally. Both Bakas and Agate are featured panelists at Microgrid 2018 this week in Chicago. Their companies have been working together on one of the … [Read more...]

Microgrid Clustering and the Dilemma of Human Nature

energy blockchain

It won’t happen overnight, but eventually microgrids will interact with each other to achieve greater efficiencies, a concept known as microgrid clustering or grid-of-microgrids. How much and how soon remains to be seen, but clustering is beginning. Commonwealth Edison is the first utility to move forward with a microgrid cluster of … [Read more...]

Cryptocurrency Companies to See Electric Rates Rise in NY. Opening for Microgrids?

microgrids

Certain New York utilities can now charge higher rates to cryptocurrency companies, a business sector viewed as ripe for microgrids. The state Public Service Commission on Thursday ruled (Case No. 18018/18-E-0126) that upstate municipal power authorities may create special rates for the companies, known for their use of vast amounts of energy in … [Read more...]

Energy Storage Gets Biggest Boost in Years. Thank you FERC

energy storage

A recent federal ruling is likely to give energy storage its biggest boost in years, and buoy microgrids along the way, by granting storage more access to revenue from competitive wholesale electricity markets. Issued February 15 by the Federal Energy Regulatory Commission, the rule aims to eliminate barriers that prevent energy storage from … [Read more...]

LO3 Blockchain to Connect Microgrids to European Wholesale Power Market

blockchain

LO3 Energy and European electricity exchange EPEX Spot plan to develop 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 share their … [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...]