Category Archives: Smart Grid

Demand Response Is the Best Cure for Texas Ailing Grid

The Texas Public Utilities Commission (PUC) has, yet again, kicked the can down the road on securing reliable energy to power the state’s growing population. The PUC, the state agency charged with managing electricity rates, meets to securely plan for the future, yet they continue to delay planning meetings. This will benefit no one in the short or long-run. To secure reliable power and safeguard against threats of blackouts, the PUC needs to keep pace with the times and leverage technologies that require little to no water, generate negligible carbon emissions, and can respond to the call for electricity.

Last week, the PUC decided to postpone indefinitely an important meeting, originally scheduled for May, to discuss Texas’ recent blackout scares. The PUC has been in a heated debate over Texas’ electricity market structure, and in the midst of backlash from stakeholders, they have decided to push the decision onto the Legislature in 2015. This is not necessarily in the best interest of the state. Texans were asked to conserve energy several times this winter after colder temperatures forced heating units to ramp up. This request to turn down thermostats for threat of rolling blackouts came at the same time the state power grid operator assured Texans that reliability is on the upswing. But it’s time Texas faces the facts. 

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Seven Tips to Get the Lights Back on: How Utilities can Prepare for Hurricanes and Heat Waves

ATLANTA–()–Last year’s Superstorm Sandy and India’s heat waves caused widespread power outages that highlighted the gap between energy demand and energy supply and also revealed the reliability challenges utilities experience when the grid is under extreme stress. Prolonged outages caused by severe weather are a clear reminder of the important role electricity plays in sustaining life and enabling commerce in today’s fast-paced, technology-driven environment.

With this year’s Atlantic hurricane season and high summer temperatures in full swing, utilities should have a strategy in place to ensure rapid power outage detection and restoration.

To do this, utilities must invest in the right modern technologies and integrate them together within the electrical grid. These actions will improve the grid’s reliability and resiliency while also educating and empowering customers. Continue reading

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Smart Grid Revenue in China Will Surpass $15 Billion a Year by 2020

BOULDER, Colo.–()–China is in the midst of its latest national development strategy, better known as the 12th Five-Year Guideline, which will continue through 2015. One of the Guideline’s primary goals is “strengthening the construction of [the] smart grid.” With the support of the government-owned State Grid Corporation of China, as well as many provinces and cities, this effort is rapidly progressing. According to a recent report from Navigant Research, annual revenue from smart grid deployments in China will reach $15.4 billion by 2020.

“The area of strongest smart grid growth in China will be transmission upgrades, anticipated to reach more than $72 billion in revenue by 2020 on a cumulative basis,” says Bob Lockhart, senior research analyst with Navigant Research. “Overall, smart grid development in China will generate $127 billion in cumulative revenue from 2012 to 2020.” Continue reading

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Driving Range and Economics Continue to Hinder Interest in Purchasing Electric Vehicles

Electric vehicle_wallpaperBOULDER, Colo.–()–The volume of plug-in electric vehicles (PEVs) has grown significantly over the last year, with many auto manufacturers adding new models to their fleets. Indeed, several auto manufacturers are electrifying their fleets with innovative models. The PEV market is expected to grow swiftly, with a compound annual growth rate of 30 percent between 2012 and 2020 in the United States. According to a recent consumer survey by Navigant Research, however, makers of PEVs have not been successful in changing several misperceptions about these vehicles in the marketplace.

“So-called ‘range anxiety’ continues to be the number one reason cited by consumers who are not interested in purchasing PEVs,” says Dave Hurst, principal research analyst with Navigant Research. “A number of other negative perceptions continue to persist, however, helping to explain why overall consumer interest in PEVs has declined since 2011.” Continue reading

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Nearly 56 Gigawatts of New Long-Duration Energy Storage to be Installed From 2012 to 2022

Rapidly changing energy mixes and increasing volatility in load profiles are challenging grid operators to deliver reliable and secure electricity.  These factors are also encouraging demand for long-duration or bulk energy storage, known as energy storage on the grid (ESG).  According to a recent report from Pike Research, a part of Navigant’s Energy Practice, the market for ESG will expand rapidly in the coming decade: nearly 56 gigawatts of ESG will be installed from 2012 to 2022, the study concludes. Continue reading

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Worldwide Virtual Power Plant Capacity to Multiply Nearly Five-Fold by 2020

BOULDER, Colo.–()–Virtual power plants (VPPs), which rely upon software systems to remotely and automatically dispatch and optimize generation, demand-side, or storage resources, can provide extraordinary value and services to transmission and distribution grid infrastructure, as well as revenue streams to myriad stakeholders engaged in the delivery of electric power. While the concept of a VPP is hardly new, it is only over the course of the last decade that technology and market designs have enabled a growing list of pilot projects to test and validate this smart grid platform concept. According to a new report from Pike Research, a part of Navigant’s Energy Practice, the total worldwide capacity of VPPs will grow from 3,800 megawatts (MW) in 2013 to 15,400 MW in 2020—a nearly five-fold increase. Continue reading

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ChargePoint Applauds NYC’s Mayor Bloomberg’s Call for Electric Vehicle Readiness

Midtown_Skyline,_New_York_City

CAMPBELL, Calif.–()–New York City Mayor Michael Bloomberg has laid out a bold plan to make 20 percent of New New York City parking spaces electric vehicle (EV) ready. ChargePoint congratulates Mayor Bloomberg for his vision.

Mayor Bloomberg laid out his plan today in his State of the City address. It calls for the creation of 10,000 EV ready spaces over the next seven years. New York is a leader in electric vehicle adoption rates, with 2,598 registered vehicles as of January, 2013, up 76 percent from just three months ago. Continue reading

Posted in Alternative Energy, Business Transportation, BusinessWire, Carbon Management, CSR, Energy, Energy Management, Green Supply Chain, Home Energy, Politics, Smart Grid, Sustainability Practices, Technology | Tagged , , , , , , , , , , , , , | 3 Comments

Smart Appliance Market to Reach Nearly $35 Billion Annually by 2020

As utilities around the world deploy smart meters, smart appliances (which use an intelligent power management strategy to optimize the load on the power distribution grid) have a significant role to play in realizing the vision of the smart grid.  Currently, these appliances are limited in terms of availability and types of products, but they will start to represent an increasing share of the total appliance market after 2015.  According to a recent report from Pike Research, a part of Navigant’s Energy Practice, the annual value of the smart appliance market will grow from $613 million in 2012 to $34.9 billion in 2020. Continue reading

Posted in Alternative Energy, Appliances, Electronics, Energy, Energy Management, Home Energy, Smart Grid, Technology | 1 Comment
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