Con Edison pilots new approach to increasing battery storage on its grid; ISO-NE files short-term fuel security plan to relieve gas constraints; Electricity costs from battery storage down 76% since 2012: BNEF; PJM 'naive' about GreenHat's FTR default risks: report
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The president's executive order also calls for identifying critical infrastructure at greatest risk from electromagnetic pulses and strengthening its ability to withstand the possible impacts.
The ISO's proposed Inventoried Energy Program would provide higher payments for resources that can store fuel onsite in the winters of 2023/2024 and 2024/2025.
Renewable energy projects featuring battery storage could challenge fossil fuels in the area of dispatchable power as the cost of electricity from lithium-ion batteries has fallen by more than two-thirds since 2012.
PJM officials say they were blindsided by GreenHat's actions, adding that the financial transmission rights market has typically been "self-regulated" and the company was trying to intentionally bypass trading rules.
NYSEG and RG&E proposed changes to their Commercial System Relief Programs that regulators concluded were "too aggressive" for the extent of the issue — making demand response a predictable and stable resource.
Data analytics are helping utilities improve operations and customer engagement, but a decentralized transactive energy network is in the works and will require additional computing advances.
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