Pushing forward on what some are calling “Utility 2.0,” New York on Thursday adopted a regulatory reform framework aimed in large part at paving the way for more cleaner, distributed energy on the grid. A whole host of factors is driving the state here: A post-Sandy desire to address climate-change risks, increasingly cheaper renewables, smart… Keep reading →
Adam Stein (left) and Tom Arnold (right) became friends at the Wharton School of the University of Pennsylvania and together co-founded TerraPass, a pioneering greenhouse gas management company. This business partnership continues today at Gridium, where Adam is President and VP of Product, and Tom is CEO. Buildings use Gridium software to operate more efficiently,… Keep reading →
Former FERC Chairman, Jon Wellinghoff spoke in an interview about the need to harden the electric grid from security threats by expanding the use of microgrids and distributed generation. “People are beginning to understand that they need their own onsite capabilities to island themselves from the grid. That’s because the grid’s external vulnerabilities will continue… Keep reading →
Empowered prosumers will increasingly do what is best for them, regardless of what utilities or regulators say For utility executives making New Year Resolutions, 2015 promises to bring in more grief in the form of lower demand growth (graph below and article on page 10), rising retail tariffs, and more competition from prosumers, who are… Keep reading →
Electric power utilities are facing growing financial pressures as traditional power usage evolves through a combination of increased use of renewable power, system efficiencies, and anemic demand. Since 2004, average residential electric prices have risen 39% to 12.5 cents per kilowatt hour, while sales remain lower than they were in 2007 before the recession. If… Keep reading →
Courtesy of the team at Jones Oil
Former founding CEO of SunEdison, Jigar Shah, started a new company based on what’s being called the “infrastructure as a service” model. The idea is an extension of the financing strategy that dominates the rooftop solar PV business today. “Here’s how it works: Generate Capital will put up funds — between $2 million to $20… Keep reading →
Making the power grid smarter and more efficient is becoming a necessity as aging infrastructure requires upgrading, distributed generation sources proliferate and utilities adjust business models to address climate change and other new realities. But when incorporating smart meters and other new technology into the power grid, it’s imperative these devices can “talk” to one… Keep reading →
The PA Awards ceremony held last week at the New York Academy of Sciences brought together industry leaders and consultants to discuss and review emerging trends and challenges of the utility industry. The evening involved an Executive Forum, “How technology and regulatory change is driving a customer-centric transformation of the utility.” Panelists included Robert Schimmenti, Senior… Keep reading →
ISO New England’s 2014 Regional System Plan underscores that retirements indicate the need for new resources to address future demand despite energy efficiency measures projected to flatten demand over time. On November 6, 2014, ISO New England (ISO-NE) issued the 2014 Regional System Plan, its annual guide on New England’s long term power-system planning efforts. The… Keep reading →
