The study contains a comprehensive analysis and series of recommendations from the Department of Energy staff meant to inform and guide policy makers, regulators, and the general public in future conversations about the challenges America faces.
The global smart grid market is estimated to grow from USD 20.83 billion in 2017 to USD 50.65 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 19.4%, according to a new report by Markets and Markets.
Canadian electricity is among the cleanest in the world, with over 80% of generation already GHG free. It also is one of the least expensive, as Canada ranks second only to Norway among developed countries. However, the battle against climate change will be a long and difficult road.
Analysis Group finds it is market forces - primarily low-cost natural gas and flat demand for electricity - that are causing some coal and nuclear power plants to retire, and not state and federal policies supporting renewable energy development. The report finds that the changing electricity resource mix poses no threat to reliability of the nation's power system.
The International Resource Panel, a group of eminent experts in natural resource management hosted by the United Nations Environment Program, recently provided a global assessment of the benefits, risks and trade-offs encountered when energy efficiency technologies are deployed alongside low-carbon electricity supply technologies.
May 5, 2017 by David J. Unger in Midwest Energy News
In some cases, rural America is seeing the smart grid arrive at their doorstep well before their urban and suburban counterparts. This is due to the not-for-profit structure of rural co-ops, which makes them uniquely responsive to consumer demands for technological solutions to traditional grid problems, according to the National Rural Electric Cooperative Association's new president, Phil Carson.
The U.S. Energy Information Administration recently reported that primary energy consumption in the United States in 2016 totaled 97.4 quadrillion British thermal units (Btu), a slight increase from the 2015 level. Consumption of coal decreased by 9%, nearly offsetting increases in the consumption of renewables, petroleum, natural gas, and nuclear fuel.
"The Oleo Sponge offers a set of possibilities that, as far as we know, are unprecedented," said co-inventor Seth Darling, a scientist with Argonne's Center for Nanoscale Materials and a fellow of the University of Chicago's Institute for Molecular Engineering.
The smart grid security market size is estimated to grow from USD 4.29 Billion in 2016 to USD 7.00 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 10.3% during the forecast period, according to a new report from MarketsandMarkets.
The white paper, co-authored by Panasonic, Xcel Energy, and Younicos, details a unique solar-plus-storage microgrid project under way at Denver's transit-oriented development, Peña Station NEXT. The battery energy storage system will deploy five use cases: 1) solar energy grid integration via solar smoothing ramp control and solar time shifting, 2) grid peak demand reduction, 3) energy arbitrage, 4) frequency regulation, and 5) backup power for Panasonic's network operations center.