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Greentech Media 02/20/2020 16:39
A promising new clean energy policy may not be as effective as promised, a group of researchers contend. The Clean Peak standard jumped from to in just a couple years. It compels electricity retailers to buy credits for clean power that can be delivered during the hours of peak grid demand. Properly timed renewables and demand response count; since wind and solar cannot dispatch on command, though, energy storage stands to play a major role. But the Clean Peak in Massachusetts will do little to reduce carbon emissions from energy storage plants, according to a published earlier this year. The results challenge, or at least complicate, the role of this policy in shaping a cleaner grid in that state and elsewhere. (For a deeper dive into the
Greentech Media 02/20/2020 12:49
SolarEdge, the market leader for U.S. residential solar inverter and optimizer sales, and microinverter maker Enphase, its distant second-place contender, both reported strong fourth-quarter 2019 earnings this week, and forecast continued growth in 2020, sending their share prices up. At the same time, both are preparing for what could be a significant impact from the coronavirus in China, which has led to massive quarantines and an economic slowdown that could affect both companies’ manufacturing and supply chains. SolarEdge: Another record quarter and year. SolarEdge reported $418.2 million in revenue and GAAP net income of $52.8 million for the fourth quarter, both quarterly records.
Greentech Media 02/20/2020 07:30
Ten years ago, Siemens Wind Power, as it was then known, started playing around with a concept for a thermal energy storage system. Last year, the wind turbine manufacturer now known as Siemens Gamesa plugged a 30-megawatt/130-megawatt-hour demonstration system into the grid at Hamburg harbor. By next year, it could be breathing new life into coal power plants that are currently scheduled for a date with a wrecking ball. The Electric Thermal Energy Storage () technology uses fans to blow hot air into a chamber filled with volcanic rocks to temperatures of up to 800 degrees Celsius. The heat can be used to drive steam turbines for power or siphoned-off as heat or steam for end users. With more than six months of performance under its belt in.
Greentech Media 02/19/2020 14:57
Over the past decade, Utilidata has been taking the energy-saving technology known as conservation voltage reduction (CVR) deeper and deeper into the power grid, with an unusual combination of modeling and real-time grid controls that has allowed greater visibility and insight into the edges of distribution networks. Now the company is starting to apply its technology to what’s expected to be utilities’ biggest challenge over the coming decade: integrating rooftop solar systems, behind-the-meter batteries, electric car chargers and other distributed energy resources (DERs) at massive scale. Over the past few years, Providence, R.I.-based Utilidata has been expanding its scope of work to include a lot more than CVR.
Greentech Media 02/19/2020 13:29
In a new Greentech Media series, we’re asking people with jobs in cleantech — from installing solar panels, to permitting wind projects, to promoting building energy efficiency software — to tell us what they really do all day. What do strategic innovation professionals at utilities do? As large utilities evolve and modernize, a new type of professional is emerging to oversee the transition.
Greentech Media 02/19/2020 06:55
NEW YORK — Big power plant developers are increasingly convinced they should be investing in battery projects in the United States. The challenge is finding investments that will pay off. After years of promise, energy storage is finally on the cusp of blossoming into a multi-gigawatt annual market in the U.S. But the industry’s rapid takeoff means there may not be a “honeymoon period” for investors, like there was in the earlier days of wind and solar, developers say. From to , a growing number of major American utilities are drawing up aggressive plans to add storage capacity. Even in deregulated power markets like Texas, the falling cost of batteries is rapidly opening new opportunities for storage. Power plant developers like NextEra En.
Greentech Media 02/19/2020 05:30
For the first time, artificial-intelligence experts have created a place to collaborate, . Some are mining the massive data of remotely-sensed emissions streams. Some are accelerating materials discovery for solar fuels by combining machine learning and physics to figure out a proposed material’s crystal structure. Some are using system optimization to consolidate freight and route it more efficiently. Others are deploying agricultural robots armed with spectral cameras in hope of reducing fertilizer use in farming. Twenty-two AI experts spelled out the breadth of possibility with the paper: "". Priya Donti joins us on The Interchange to explain the nascent field. Priya is a PhD candidate in computer science at Carnegie Mellon University. Sh.
Greentech Media 02/18/2020 13:44
Northern California utility Pacific Gas & Electric on Tuesday a $3.6 billion loss in the fourth quarter and a $7.7 billion loss for 2019, weighed down by continued costs and charges related to the wildfires that drove it into bankruptcy last year. But the company still expects its multi-billion dollar settlements with wildfire victims and its expanded plans to improve power grid safety will allow it to emerge from bankruptcy by the end of June, a critical deadline to access the wildfire insurance fund meant to protect it and other utilities from future wildfire-driven bankruptcies. Tuesday’s earnings report highlighted the massive liabilities PG&E faces from the wildfires caused by its power lines.
Greentech Media 02/18/2020 11:25
Danish wind turbine manufacturer Vestas retained its title as largest global supplier last year, according to BloombergNEF (BNEF), with Siemens Gamesa coming in a close second amidst a bumper year for the wind power industry. According to Tuesday’s report, total commissioning of projects jumping from 50 gigawatts in 2018 to 61 gigawatts last year.
Greentech Media 02/18/2020 09:00
The California Energy Commission released a new map this month identifying offshore wind areas deemed compatible with U.S. military operations, but developers say there wouldn't be enough space to create a viable market off California's Central Coast. The increasingly ambitious U.S. offshore wind industry continues to receive mixed signals on California.
Greentech Media 02/17/2020 10:13
This week: predictions for the future of home solar and batteries. Big rooftop solar installers are competing with the largest utility-scale plants in terms of yearly deployed capacity. Batteries are making their way onto more installations, opening up new advancements in software and power electronics. Tesla finally says it’s making progress on the solar roof. Meanwhile, extreme weather, wildfires and power shutoffs in California are providing a new entry point for consumers. What does it all amount to? In this episode, we have a conversation with Barry Cinnamon, the CEO of Cinnamon Solar. Barry has been installing solar for nearly 20 years. He knows the on-the-ground trends and where they fit into the broader market picture. He regularly
Greentech Media 02/17/2020 10:06
Investments in off-grid power in Africa and Asia have skyrocketed in the last five years. Thirty times more money went into the sector in 2018 compared with 2013. More than $500 million dollars was invested in electrification in 2018, for the first time, an analysis by Wood Mackenzie found. The money is finally bringing lights, cell phone charging and electric stoves to millions of people who had to rely on kerosene and wood. But is the money getting funneled to the right projects? Can they scale to meet a high-energy society? And what are the bottlenecks in international finance preventing these solutions from expanding faster? joins us on The Energy Gang for a deep dive into the state of the market. Ben has spent years immersed in the wor.
Greentech Media 02/17/2020 10:03
Fossil fuels, primarily gas, are a fixture in millions of American homes and businesses, but the building sector’s climate impact hasn’t received the same scrutiny as coal and gas in the power sector or oil in the transportation sector. Fortunately, that’s changing. In 2019, jumpstarted a building decarbonization movement when they took steps to eliminate gas from new buildings, ensuring they will instead be constructed with electric appliances like heat pumps.
Greentech Media 02/17/2020 08:41
Google spinout Dandelion Energy wants to push home geothermal heating to new heights in 2020. The company, which emerged from the X "Moonshot Factory" in 2017, has grown to around 100 employees and installed hundreds of sites in New York State. It continues to refine its drilling technology to make residential drilling and heat pump installation easier and more competitive with incumbent fossil fuels. Last month, it pulled in another $12 million, bringing total investment to $35 million, and hired a new CEO to handle the growth stage while co-founder Kathy Hannun takes the president role to focus on technology development. Installations grew nearly five times year-over-year in 2019, Hannun said in a recent interview, as the company dialed i.

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