In the past decade, United States (US) federal, state, and local governments; insurance companies; businesses; and citizens have spent $350 billion on extreme weather and fire events. A Government Accountability Office report estimates that sea level rise and more frequent, intense storms will cause between $4 to $6 billion in coastal property damage between 2020 and 2039. How utilities respond will define cities’ futures and set an example for other countries dealing with similar challenges.
Growing customer expectations, evolving regulations, the advent of DERs and the increasing need to garner insights from dispersed data systems are converging to create considerable opportunities for utilities, and the traditional ways of delivering energy are proving incompatible.
Customers are demanding an increasingly digitized, streamlined energy experience that gives them insight into and control over their consumption. As the frontline to customer engagement, demand-side management groups need to meet this need with personalized insights that drive meaningful actions and grow the behind-the-meter businesses the market is calling for.
With or without PV, the widespread adoption of residential energy storage is a foregone conclusion. However, successfully achieving this revolutionary energy transition depends on the deployment of storage systems that are both flexible and future-proof. Homeowners must obtain storage solutions that address the unique aspects of their utility rates and policies while optimizing the payback period for their system. Likewise, solar professionals need to offer systems that are simple and flexible in order to maximize their bottom line. In this webinar, we’ll discuss residential storage solutions that address the needs of all parties including distributors, installers and homeowners.
Completed in December 2003, Golden Valley Electric Association's (GVEA) Battery Energy Storage System was an initiative to improve their member's reliability of service. The primary benefits that the BESS achieved was to instantly contribute to system stability following a loss of a major transmission line or generator, and also provide spinning reserves to allow generation units to run at optimized levels - resulting in significant savings. GVEA will take you behind the scenes to let you in on their lessons learned, how they built their business case, share what it takes to maintain their system, and reveal where this pioneering company is going next.
Amazon. Netflix. Lyft. These are the companies that today’s utility customers are benchmarking their experience against. And while most utilities realize the importance of meeting their customers’ growing expectations, how much progress have they actually made in creating a modern customer experience? Join Seth Kiner, former VP of Programs and Services at Southern California Edison, and Fei Wang, Senior Grid Edge Analyst at Greentech Media Research, for a webinar discussion on the results of a new survey assessing the current state of the utility customer experience, and what utilities can do today to improve their own maturity.
Integrated distribution planning represents a fundamental change to the traditional approach that utilities have taken to plan their distribution systems. It involves developing new capabilities and processes to inform the continued integration of DER on the grid and requires enabling mechanisms to capture and quantify the benefit of these resources to the system. The ways in which utilities can use these enhanced system capabilities to achieve strategic objectives will fundamentally depend on a clear articulation of use cases that link technology deployment to value creation. Integrated distribution planning provides that link and enables utilities to prioritize foundational investments on their distribution systems in order to leverage DER assets to maximize the overall system value it provides to its customers.
Globally, over 300 GW of large-scale PV solar power plants have been installed since 2008 - with over 40 GW in the U.S. alone. The performance of these power plants naturally decreases over time as PV modules degrade and as inverters reach their end-of- life and fail. As a result, some systems become a liability while others perform within contractual obligations, though still not at full potential. Consequently, system owners and operators often look for inexpensive ways to repower their existing and aging systems.
The U.S. International Trade Commission (USITC) is set to vote on recommended safeguards for U.S. domestic solar manufacturing on October 31. Join GTM Research’s analyst team as they dissect the USITC’s vote and provide their immediate reactions to what the future of US solar under recommended remedies might hold.
Distributed energy resources (DERs) give us the opportunity to build a clear, more nimble and responsive grid and to make sure the grid maintains a constant state of reliable balance. But those resources need to orchestrated so that they are optimally aggregated, optimized and controlled for the grid services that are needed – precisely when and where they are needed.