Major Australian Power Retailer Trials Peer-to-Peer Energy Trading

microgrids

Sophie Vorrath of One Step Off the Grid describes a new peer-to-peer blockchain energy trading trial underway in Australia. Another of Australia’s major power retailers, Origin Energy, has dipped its toe into the peer-to-peer energy trading future, with the launch of a trial with Perth-based blockchain energy market provider, Power … [Read more...]

Stacking Energy Storage Values to Make Batteries More Profitable: Brattle Report

stacking energy storage

Stacking energy storage values -- capturing many value streams -- can lead to profitable projects, even at current storage costs, according to a new report from economists at The Brattle Group. The report, "Stacked Benefits: Comprehensively Valuing Battery Storage in California," focuses on California, but its conclusions apply generally to the … [Read more...]

Australian Start-up Launches Distributed Energy Exchange

Sophie Vorrath of RenewEconomy describes a new distributed energy exchange by GreenSync that facilitates energy transactions between businesses, households, communities and utilities. Melbourne-based tech start-up GreenSync has officially launched its potentially game-changing trading platform for distributed energy resources – a technology the … [Read more...]

Wondering if Energy Storage Can Reduce Your Demand Charges?

demand charges

If you’ve heard that energy storage can reduce what you pay in demand charges, and you’re wondering if it would work for your operation, check out a paper issued today by the National Renewable Energy Laboratory (NREL) and Clean Energy Group (CEG). The paper finds that 25 percent of commercial customers in the U.S. – five million – pay demand … [Read more...]

New York Launches REV Connect: The Start of Energy’s Amazon?

REV Connect

New York took its next big step toward creating what some describe as the Amazon.com of distributed energy with yesterday’s unveiling of REV Connect, a digital portal for market players to buy and sell services and products. REV Connect is the latest move by New York to enact its Reforming the Energy Vision (REV), a massive rethinking of how … [Read more...]

Southern Company Advances National Microgrid Strategy

microgrid strategy

Another major utility is on the move advancing a microgrid strategy to build projects beyond its regulated service territory, this one Georgia-based Southern Company. With assets of $109.7 billion, and 32,000 employees in four states, Southern is one of the largest U.S. electric utilities, ranked as number three for market value. It is pursuing … [Read more...]

Three Ways Fuel Cell Microgrids Lower Energy Cost

microgrid benefits

Businesses and institutions install fuel cell microgrids for many reasons. Driving down energy costs is a big one. Here we look at three ways fuel cell microgrids create financial advantage: By competing with utility pricing Through favorable financing models that reduce customer risk In achieving efficiencies through use of … [Read more...]

Why Energy Blockchain Intrigues Big Players Like Siemens

energy blockchain

Not so long ago energy blockchain technology had the futuristic feel of flying cars or colonies on Mars. But that has changed in recent months as credible players step in to test the transaction platform. Among them is energy giant Siemens, which formed a partnership in November with a startup, LO3 Energy, to figure out how to make energy … [Read more...]

Horizon Power’s Plan to Become the Leading Company for Microgrids in the World

leading company for microgrids

RenewEconomy’s Giles Parkinson describes an effort by Australia's Horizon Power to reduce fossil fuel subsidies and become the leading company for microgrids in the world. The Australian government’s official position on fossil fuel subsidies is that it doesn’t pay any. Leaving aside the unmet environmental and climate costs of burning fossil … [Read more...]

The Growing Revenue Opportunity Attached to Microgrid O&M

microgrid O&M

With more microgrids comes the need for more microgrid O&M (operations and maintenance) services. Navigant Research's Peter Asmus describes the growing market opportunity for these services. Navigant Research’s past market forecasts have focused on investments into the microgrid development value chain. This spending on the actual … [Read more...]