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Financing commercial energy storage: Wall Street’s not biting, yet

Financing commercial energy storage: Wall Street’s not biting, yet The challenge in financing energy storage is getting someone else to own it. Cost and availability of financing, in general, are directly tied to risk. The ample amount of capital looking to invest in energy looks for proven and simple. Storage is neither. Utilities’ defensive tariff … Continue reading Financing commercial energy storage: Wall Street’s not biting, yet

Energy Storage Making Headway In #California And Paving Way For Other States

Energy Storage Making Headway In California And Paving Way For Other States Falling solar panel prices coupled with favorable national and state policies are giving energy storage technologies the jolt they need to electrify the market place. The latest such example is Pacific Gas & Electric that wants to install four battery projects totaling 2,270 … Continue reading Energy Storage Making Headway In #California And Paving Way For Other States

Grid resiliency and energy storage bill passes Massachusetts House

Grid resiliency and energy storage bill passes Massachusetts House BOSTON — Clean energy storage could get a boost under grid resiliency legislation approved by the Massachusetts House of Representatives on Thursday. Among other things, H.4739 instructs the Department of Energy Resources to study the feasibility of mobile battery storage systems. Such systems could take the … Continue reading Grid resiliency and energy storage bill passes Massachusetts House

In a rush to modernize the grid, utilities are finding new ways to innovate

In a rush to modernize the grid, utilities are finding new ways to innovate U.S. utilities are working together to rethink the electric grid — but as competition spreads, how long will this model last? It’s no secret that electric utilities, traditionally, have not been the most innovative companies. Their business model worked for about … Continue reading In a rush to modernize the grid, utilities are finding new ways to innovate

Gas-fired Power Edging Closer to 40 percent of U.S. Generation mix, EIA says

Gas-fired Power Edging Closer to 40 percent of U.S. Generation mix, EIA says Natural gas-fired power plants will supply 37 percent of U.S. electricity generation this summer, putting it close to the industry record achieved last year. The U.S. Energy Information Administration’s July report forecasts that the gas-fired portion of the national electric power produced … Continue reading Gas-fired Power Edging Closer to 40 percent of U.S. Generation mix, EIA says

Cottage industry rises from complexity of choosing electricity plans

Cottage industry rises from complexity of choosing electricity plans When Texas deregulated electricity markets 16 years ago, the Public Utility Commission created the website Power to Choose to help consumers through the power buying experience. But what was promoted as an easy, free way for Texans to pick electricity providers has turned into a such … Continue reading Cottage industry rises from complexity of choosing electricity plans

#New_York begins wave toward 2,400 MW of offshore wind

New York begins wave toward 2,400 MW of offshore wind New York’s state utility leadership has ordered the first procurements toward a goal of 2,400 MW of new offshore wind power generation by 2030, Gov. Andrew Cuomo’s office announced this week. The state’s Energy Research & Development Authority (NYSERDA) will procure approximately 800 MW of … Continue reading #New_York begins wave toward 2,400 MW of offshore wind

#PG_E’s #Stavropoulos to Retire at the End of Third Quarter 2018

PG&E’s Stavropoulos to Retire at the End of Third Quarter 2018 SAN FRANCISCO–(BUSINESS WIRE)–Jul 13, 2018–Nick Stavropoulos, 60, announced that he intends to retire from his role as President and Chief Operating Officer of Pacific Gas and Electric Company at the end of September 2018. He will leave his position as a member of the … Continue reading #PG_E’s #Stavropoulos to Retire at the End of Third Quarter 2018