Having been part of the evolving energy infrastructure market for 15 years, GI Energy shares experiences of the processes required to ensure a distributed energy resource development project can address all stakeholder requirements.More
GI Energy has gained a lot of experience in distributed energy development — particularly when it comes to stakeholder requirements — over the 15 years it has worked in energy infrastructure.
The company shared this knowledge through case studies presented at Microgrid 2018. Topics included: the Parkville Microgrid (Hartford, Ct.), San Francisco Naval Shipyard Eco-Grid, Con Edison Energy Storage Demonstration Project (New York City), and Cornell Tech (Roosevelt Island, N.Y.).
Dave Yanni, chief development officer at GI Energy, outlined how these projects provide a range of benefits for the environment, energy resiliency and health, as well as reduce costs for maintenance, capital and operations.
He also focused on what’s ahead for microgrid markets. Capital markets are chasing investment opportunities in renewable and sustainable energy, according to Yanni. And large corporate institutions, private equity, infrastructure funds, venture capital and institutional investors are all interested.
As for what type of agreements are available for consideration, these include power and water purchase agreements, long-term capital leases, service and use fees ties to HOAs, thermal energy management agreements, subscription-based, user-funded models and more.
Public private partnerships or PPPs are also available to microgrid developers — a tool which helps pay for infrastructure that maintains competitive energy prices.
Download the full GI Energy presentation on distributed energy development.