It created a market that demands and allows for value stacking.
Today's energy storage technology can help power the country more efficiently and sustainably, and it's getting better all the time. However, this resource's greatest strength—the ability to both take in and let out energy rapidly—can be complicated to properly value. It's also been a bit of a headache to equitably work into the country's many mechanisms governing electricity generation and transmission.
Charges for peak demand on the distribution system are an increasingly vexing line item for cooperative and public power utilities. The charges are rising, understandably, due to higher transmission and capacity costs. Yet customers still rely on you to keep their energy affordable. This eBook explains the factors behind peak demand charge hikes and how you can manage them effectively:
Strategic Directions Report reinforces the need for the industry to evolve
OVERLAND PARK, Kan., August 13, 2019 /3BL Media/ – Electric utilities are navigating one of the industry’s most dynamic times across diverse geographies and stakeholders, presented with a mix of opportunities as they work to meet changing customer demands along with the need to deliver reliable, resilient power, Black & Veatch’s new 2019 Strategic Directions: Electric Report finds.
OVERLAND PARK, Kan., August 6, 2019 /3BL Media/ – Following the announcement of Black & Veatch’s global Power business restructuring in July, the company today announced the completion of its global Power leadership team. The appointments strengthen the company’s full portfolio of engineering services to full turnkey EPC solutions as clients address the rapidly evolving Power market landscape.
Portfolio to participate in ISO-NE Wholesale Markets
August 2, 2019 /3BL Media/ — ENGIE Storage announced it will supply and operate a 19 MW/38 MWh portfolio of six energy storage sites that will contribute to the Solar Massachusetts Renewable Target Program and participate in ISO-New England wholesale markets.
Since its inception in 1999, Chevron Technology Ventures (CTV) has pushed energy’s frontiers through the continuous pursuit of new business models and externally developed technologies that enhance the way Chevron produces and delivers affordable, reliable and ever-cleaner energy. Fostering innovation both within Chevron and across the energy landscape, CTV champions the integration of solutions that address not only today’s business needs, but also those of tomorrow.
Improves Returns, Reduces Risk, and Enhances Bankability for Solar + Storage Projects
BOSTON, August 1, 2019 /3BL Media/ — ENGIE Storage has unveiled a new, highly-integrated supply and services offering for developers of in-front-of-the-meter (IFOM) solar and energy storage projects in New England and emerging markets. Comprising energy storage system design support, supply, operations, performance guarantees, and payments for rights to participate in ISO-New England wholesale markets, the offering dramatically improves project economics, reduces risk, and enhances bankability for solar + storage projects.
Purchase Enables ENGIE to Unlock More Value From Distributed Storage and Solar Portfolios
HOUSTON, July 31, 2019 /3BL Media/ – Houston – ENGIE North America Inc. announced the acquisition of Genbright LLC of Hingham, MA, a company pioneering the integration of distributed energy resources into wholesale electricity markets. The purchase enables ENGIE and its DER businesses, including ENGIE Storage, to further the adoption and growth of DERs within markets throughout the United States.