Energy storage offers users the flexibility in the generation and delivery of energy on the distribution grid. Although storage is not a new concept in the power industry, recent developments in technology—along with policy changes—have brought us closer to realizing its widespread use amongst various stakeholders.
DNV KEMA has created a software tool (ES-GRID) to quantitatively evaluate energy storage; both from an engineering aspect and a financial impact. This process provides a bottom-up approach to storage impact analysis that provides a financial estimate based on the physical performance of storage on the distribution system. This allows for the effective evaluation of storage devices by quantifying: …READ MORE
The passing of Nelson Mandela, former South African President and the embodiment of good leadership worldwide, is being noted by citizens around the world with a combination of joyful celebration of his life and sorrow at the loss of our collective role model of global citizenship. His many accomplishments are being noted and lauded this week around the world.
But few may know of Mr. Mandela’s commitment to energy efficiency and sustainability in South Africa. He was indeed a champion of energy efficiency as early as the late 1990′s and early 2000′s, well before the issue of Climate Change had the urgency it has today. Specifically, he supported and helped provide outreach for the BONESA program (a Sotho word meaning “light for all”) a major program funded by the national utility and the World Bank’s Global Environment Facility (GEF) in South Africa to transform the lighting markets to high efficiency products. Features of the program included:
Not long ago, I gave an address at our 24th Retail Energy Executive Forum themed “Navigating Competitive Intersections.” As the energy business continues to grow in complexity with new technology and new market entrants every day—to really succeed—we must fully understand how the shifting fundamentals will bring change to the competitive landscape we’ve navigated to date. But we also need to remember value has already been created in the utility business model, and this will not disappear overnight in the face of a challenge. In fact, it’s often this base of value that brings huge competitive advantages to navigating new competitive intersections.
Throughout 2013, there was big talk in the energy industry around how the electric utility business model is mortally threatened by the growth of distributed energy resources (DER). While Mark Twain may have never really said the phrase “news of my death has been greatly exaggerated,” I don’t think any phrase could be more appropriate to apply to this talk of a utility death spiral. …READ MORE