by Vincent Petit, Senior Vice President, Global Thought Leadership
If someone asked you to name the top challenge presented by urbanization and our escalating world population, what would you say? One answer could be: the ever-increasing need for energy – which is one of the most basic dilemmas of modern life. But with the right approach, we can turn this challenge into an opportunity.
Clever energy storage financing could boost your general fund
If your K-12 school district or community college could reduce energy costs and steer those savings to educational improvements, wouldn’t you jump at the chance? California’s Grossmont Union, Poway Unified, Mountain View Los Altos and Visalia Unified are just a few of the districts that have tapped into energy storage to shrink their electrical bills.
Large-scale battery energy storage system on Nantucket will provide back-up power and additional supply
November 6, 2017 /3BL Media/ - National Grid, a leader in developing innovative energy solutions to meet customer and community needs, will install a 48 megawatt-hour battery energy storage system, or BESS, on the island of Nantucket, 30 miles off the Massachusetts coast, to help address some unique energy challenges.
India is planning major investments in its power generation and distribution infrastructure
With up to 400 million Indians lacking a reliable energy supply, the country is planning major investments in its power generation and distribution infrastructure. Most of the investment in new capacity will be for renewable energy. India has a 175 gigawatt (GW) target for renewable energy (100 GW solar, 60 GW wind and 15 GW biogas and others) by 2022.
DER continue to drive change within the electric industry
Distributed energy resources (DER) continue to drive change within the electric industry as both energy consumers and electric service providers are diversifying how electricity is generated and delivered. Spawned by the public embrace of clean energy, falling prices, and regulatory subsidies, solar photovoltaics, battery energy storage, and microgrids are being deployed in more places across the electric system.
3 MW/6 MWh energy storage system to be installed at Mt. Tom Solar, adjacent to former coal plant; benefits include lower utility capacity costs/demand charges, reduced stress on electric grid, and optimization of solar energy
HOLYOKE, Mass., October 4, 2017 /3BL Media/ - ENGIE North America and Holyoke Gas & Electric (HG&E) today announced plans for the largest utility-scale energy storage installation in Massachusetts. Green Charge, an ENGIE NA subsidiary, will operate the three-megawatt energy storage system at Mt. Tom Solar, which began operation in January of this year adjacent to the former Mt. Tom Power Station.
Ingersoll Rand is committed to making the world a better place to live, through sustainability and energy efficiency. Thermo King, a manufacturer of transport temperature control solutions for a variety of mobile applications and a brand of Ingersoll Rand, is helping their customers be more sustainable by developing solar panel battery chargers for transport customers.