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...]
Yes, the wheels of government turn slowly. But not in New York. Not this time. State regulators called on utilities and other stakeholders late last week to get to work now on microgrids and distributed energy demonstrations, rather than wait for final rules in its Reforming the Energy Vision, or REV process. REV promises to decentralize the … [Read more...]
It has been seven years since Hurricane Sandy caused devastation and an estimated $70 Billion dollars of damage along the Atlantic coast. Fortunately, the technology for innovative microgrid solutions has progressed dramatically.
An advanced microgrid offers both power supply and energy savings and derives value from each. And that’s just the start of the complex stream of economic benefits that can emanate from a microgrid; others include electric reliability, resiliency, energy security, emissions reductions and energy bill savings. This paper provides an overview of microgrid financing and how the microgrid controller can help your microgrid reach maximum return on investment.
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