Today, there are select cases in which lithium-ion batteries are competitive with natural-gas peaker plants. However, in a few years, competition will intensify across the country. And with costs only headed downward, GTM Research and Wood Mackenzie believe that batteries overtaking peakers will be a common occurrence in the U.S. in just four years.
IHI Energy Systems and Tucson Electric Power will present interim results from their joint research project, which investigates the efficacy and economic viability of solar + storage combined with advanced autonomous dispatch algorithms for controlling peak load on the distribution network. The project compares the performance of several dispatch algorithms and systems sizes using both engineering and economic metrics, while accounting for the constraints of this real-world use case (including live real-world data feeds and limited historical data).
Module price decline in the past few years has been a significant driver to system cost reduction. While there is room for further module price depreciation, module price trends are vulnerable to upside risk, such as import tariffs, increased input costs, and supply-demand shift. This makes it hard to depend on module price reduction to bring down system costs. Moving forward, there may be more opportunity to bring down system costs by adopting higher efficiency module technology.
Energy storage grew 46% in Q3 of 2017, with 26% of total MW deployed on behind the meter projects. With such staggering growth, how are these deployments playing out, how are they installed, how are they sold, integrated and serviced? Join NEXTracker, Leclanche and the CESA (California Energy Storage Alliance) discuss how one size does not fit all and how every project with its application requirements and geographies set the tone. Hear about use cases, different battery technologies, system integrator trends from policy-driven California to stand alone storage applications and how energy storage is increasing grid reliability.
Distributed solar products are achieving an unprecedented development threshold as a commercial, affordable means of delivering modern energy services at scale. But they require a reliable global mobile network that enables remote monitoring of energy systems. BBOXX develops solutions that provide affordable, clean energy to remote, off-grid communities in the developing world. With the Aeris IoT Services platform, BBOXX was able to install the Aeris global subscriber identity module (SIM) at the point of manufacture, reducing both supply chain costs and deployment time. Also, by utilizing Aeris’ single global access point name (APN), the solar-powered BBOXX system deployed on a simple plug-and-play basis, without the need to reconfigure to local network settings. Reducing complexity, and requiring less human intervention, results in lowers costs.
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.
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.