The global supply of stationary energy storage systems has expanded dramatically as the number of solar and wind farms increase – but ensuring the safe operation of larger systems is critical to their long-term success.
eBook: The top three CSR trends that are changing the way companies engage their people in purpose-driven workplace cultures. Actionable tips you can use to engage more people and create bigger impact along with examples from companies such as Levi’s, Prudential, QVC, TripAdvisor and more who are leading the way.
Bolstered by decreasing costs and strengthening regulatory support, demand for renewable energy is increasing as wind and solar photovoltaics continue to become more prominent contributors to utilities’ generation and revenue mix. As enthusiasm for renewable energy grows, wind and solar remain hampered by how much energy can be stored when generated to be used subsequently when energy is needed.
The cost of energy storage has fallen to the point where the power generation industry is moving from demonstration projects to full deployment. Driven by demand and a federal order designed to nurture broader adoption of storage capabilities, practical applications of energy storage are emerging that are competitive with conventional solutions.
Attaining environmental benefits and lower cost of ownership are driving more commercial fleets to electrify, according to a UPS (NYSE: UPS) and GreenBiz study released today. In the “Curve Ahead: The Future of Fleet Electrification” report, industry leaders identify the main motivations and barriers to electrification, as well as strategies to move the commercial electric vehicle market from niche to mainstream.
Paul Bulcke, CEO of Nestlé S.A., is confronted with an Internet firestorm after a comment made by his predecessor, Nestlé Chairman Peter Brabeck-Letmathe, in a 2005 interview resurfaces. In the interview Brabeck-Letmathe calls the human right to water an “extreme solution.” Bulcke must make recommendations to lay the foundation for the company’s future direction relevant to water use at its shareholder meeting the next day.
From a municipal airport in Chattanooga, Tennessee, to a school district in Salinas, California, microgrid projects are popping up across the country, fueled by the desire for energy cost savings, sustainability, reliability and resilience. Applications of this technology, which typically includes renewable energy, energy storage, fossil-fueled generation and load management, can be spotted in critical infrastructure installations such as data centers, military installations, college campuses, office parks and airports. But given microgrids’ unparalleled ability to deliver backup power during an outage and reduce energy costs for a broad swath of the market, these early examples are just the tip of the iceberg.
Maturing technologies and a growing emphasis on energy efficiency and sustainability are leading organizations to manage more DER than in the past. Bolstered by more financial and mechanical flexibility behind the meter, companies are becoming increasingly energy independent and investing more in alternative generation, storage and energy efficiency.
Erica Ocampo, sustainability and advocacy manager at The Dow Chemical Company, is getting ready to present her report on the pilot Energy Bag program to her boss. The waste-to-energy program has been met with success in converting plastics to energy, but Ocampo is wondering how she can take the project a step further and truly make Dow a participant and leader in the circular economy. Students are asked to identify with Ocampo and develop a plan of action for the company.
Grid modernization is getting into gear across the country as electric utilities continue to work to automate distribution and smarten the grid. Buoyed by validating data, states such as California, New York, Illinois and Massachusetts are leading the way, providing blueprints for other regions to follow.
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