Sen. Susan Collins (R-Maine) and Rep. Tina Smith (D-Minn) introduced energy storage legislation this week that calls for a $300 million initiative to build five advanced, grid-scale systems across the country. Under the Better Energy Storage Technology Act (BEST), the Department of Energy would invest $60 million a year from 2020 through … [Read more...]
This report presents the results of the first phase of a multi-phased project to develop an Integrated Modeling Tool for Regulators (IMT) that supports decision-making for regulatory proceedings on integrated resource planning, grid modernization proceedings, rate cases and other state and federal dockets involving the integration of distributed … [Read more...]
A milestone energy document released this week gives insight into how federal officials plan to shape the U.S. energy system. And yes, microgrids are very much a part of the plan. In the first-ever Quadrennial Energy Review, the Obama administration offered a multi-billion dollar roadmap for improving the nation’s oil, gas and electricity … [Read more...]
The City of Hoboken will hold a microgrid symposium at the Stevens Institute of Technology on November 5 to generate stakeholder interest in the technical, financial, and regulatory aspects of its microgrid project. The city of about 50,000 people was hard hit by Superstorm Sandy and vowed to build a more resilient electric grid. Hoboken then … [Read more...]
Diesel generation is effective, but it’s not the best option available to pair with wind and solar. That’s where natural gas comes in. When designing a microgrid, don’t forget to look to natural gas as a feasible option to lower generation costs and provide greater resiliency to the system.
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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