The game has changed and utilities must address capital allocation in a different way
The electric utility industry is in the middle of a transformation that has no precedent. Historically speaking, delivering electricity was relatively simple; utilities generated power and provided it to customers over a one-way delivery system. Companies requested, and utility regulators granted, periodic rate hikes to cover infrastructure upgrades while providing a reasonable rate of return on that investment.
Utilities are adapting to the new energy grid under threat of significant economic challenge
To effectively map out the current and future states of power delivery, it’s imperative to discuss what the landscape looked like in the past. Understanding the evolution of any industry typically requires a healthy dose of historical context, and making sense of today’s energy grid is no exception.
EVs are speeding ahead, even as questions persist over charging infrastructure
Separated by decades of progress and technology’s endless march, it’s easy to think electric vehicles share little heritage with their internal combustion forebears. But even as they bookend the automotive spectrum, today’s EVs are much like the first automobiles in one important respect: When the first cars were made, they had an outsized dependency on infrastructure. Without a robust system of roads (let alone highways), what was the incentive to buy?
The U.S. Department of Energy estimates that 25%-30% of energy wasted in the home is due to inefficient windows. So clearly, when buying a new home or upgrading your current home, selecting the ideal set of windows is an important part of the decision.
Methane emissions key material risk and opportunity for oil and gas industry
October 17, 2018 /3BL Media/ - As the private sector adopts climate disclosure standards established by the Task Force on Climate-Related Financial Disclosures (TCFD), the oil and gas industry faces increasing pressure from its investors to disclose how it is managing climate risk, including emissions of methane from oil and gas.
SCE is taking part in the upgrade pilot to help enhance safety and reliability for park residents.
VICTORVILLE, Calif. — The Greenbriar Mobile Home Park clubhouse was recently packed with residents like Patricia West, who lives with her disabled daughter, who came to learn about upcoming construction scheduled at their site.
For the next two months, crews will be converting the mobile home park’s master electric and gas distribution systems to direct electricity and natural gas utility service. Once completed, residents will become first-time customers of Southern California Edison and their local gas utility.
The renewable power boom has spawned a growing need for robust energy storage
Bolstered by decreasing costs and strengthening regulatory support, demand for renewable energy is increasing as wind and solar photovoltaics continue to become more prominent contributors to utilities’ generation and revenue mix. As enthusiasm for renewable energy grows, wind and solar remain hampered by how much energy can be stored when generated to be used subsequently when energy is needed.
New scenarios are emerging that pair storage with conventional gas turbine generation
The cost of energy storage has fallen to the point where the power generation industry is moving from demonstration projects to full deployment. Driven by demand and a federal order designed to nurture broader adoption of storage capabilities, practical applications of energy storage are emerging that are competitive with conventional solutions.
In addition, continued annual reductions in the cost for storage will reveal more and more applications where energy storage makes economic sense. A great example can be found in the performance optimization of gas turbines.
Arlington Assembly celebrates renewable energy efforts with Cactus Flats Wind Farm dedication
ARLINGTON, Texas, October 9, 2018 /3BL Media/– General Motors Arlington Assembly has earned a spot on the U.S. Environmental Protection Agency’s National Top 100 List of the largest green power users. The plant’s No. 76 ranking in the Green Power Partnership recognizes GM’s efforts to power all its global facilities with 100 percent renewable energy by 2050.