A new book called the “Handbook of Electricity Markets” (due 2020) appears to address some of the changes that are already underway and may provide direction to ensure the coexistence of reliable electric supply and consumer desires for clean air.
The few serve the many is the finding by the US Energy Information Administration (EIA). A total of 168 private utilities deliver power to more than 110 million US consumers. 1,958 public utilities reach 24 million homes, and 812 cooperatives deliver energy to another 20 million households. Do the numbers surprise you?
A recent auction propelled Portugal as the country with the world’s lowest-cost solar PV contract, according to Wood MacKenzie. The rates awarded in the country’s first solar PV auction was $16.54/MWh. That number beat a $16.95/MWh contract awarded in Brazil. What is your impression of solar pricing? Is it dropping fast enough to attract more customers?
Rapid developments in artificial intelligence capabilities will spur adoption of Energy Cloud analytics, according to Navigant Research. The market reserach company expects sales of such products to grow from $5.98 billion in 2019 to $18.1 billion in 2028, a Compound Annual Growth Rate (CAGR) of 12.7%.Predictive maintenance in wind and solar farms, vegetation management in grid operations, optimization of customers’ distributed energy resources (DER) invest
Sales and installations of Tesla solar energy systems have been flagging significantly since it began shutting down bricks-and-mortar retail outlets and shifting from leases to loans and power purchase agreements (PPAs) in a bid to cut costs and raise margins. A shift back to a growth-driven strategy appears under way with the launch of a program via which Tesla will rent residential solar PV systems for as little as $50 per month without any long-term contracts, according to an industry news report.
Studies show that electrifying our transportation and building sectors are the fastest ways to reducing greenhouse gas emissions. These sectors combined generate nearly 70% of total greenhouse gases in many states, including California.
Without fanfare (to the surprise of some experts), the Department of Energy has published an update to one of the more notable pieces of the government's cybersecurity framework. The public has until mid-September to comment on the new iteration of this defense assessment tool.
This short story is an interesting one that likely has a fair amount of appeal to the public. If your utility is using drones, you definitely should promote it because you likely will get some media coverage.