Exergy is a microgrid platform located in Brooklyn, supporting peer-to-peer energy contracts between users through blockchain transactions. This type of peer-to-peer economy with blockchain transactions has several advantages over previous solar models.
Energy distribution with microgrids allows communities to rely less on the aging national infrastructure grid. Future power-disrupting disasters will have a reduced effect on places with community microgrids, which would allow residents to begin recovery efforts sooner.
To convince investors of the business case, energy storage must deliver a high return on investment in terms of substantial savings and operational advantages. Equally, there can be no reduction in reliability and power quality.
Alice Bell for The Guardian: A technique has been devised that allows electricity to flow directly from solar panels to electrified train tracks to the trains themselves making solar powered trains more feasible than ever before
Utilities commercial and operational infrastructures are fast evolving. There is broad agreement that the Internet of Things (IoT) and digitization are altering the competitive landscape in significant ways.
James Vincent for The Verge: Tesla completed its $2.6 billion acquisition of SolarCity this week, and, to celebrate, the company has announced a major solar energy project: wiring up the whole island of Ta’u in American Samoa. Previously, the island ran on diesel generators, but over the past year Tesla has installed a microgrid of solar energy panels and batteries that will supply "nearly 100 percent" of power needs for Ta’u’s 600 residents.
The project seems intended to show off the potential benefits of the SolarCity acquisition, with Ta’u’s microgrid comprised of 5,328 solar panels from SolarCity and Tesla, along with 60 Tesla Powerpacks batteries for storage. But buying SolarCity remains a risky move for Tesla, with the purchase including billions of dollars of debt for a company that's far from profitable (SolarCity spends $6 for every $1 it makes in sales). Nevertheless, Tesla CEO Elon Musk describes the acquisition as "blindingly obvious" — a necessary step in his so-called "Master Plan" to integrate clean energy generation and storage. Cont'd...
The real trick to opening the floodgates on microgrids is clear regulatory language that allows microgrid developers to serve the needs of an organization or community while also making the local electric utility whole for their services and investment.
State leaders in the Northeast should keep watch of neighboring states to share best practices and innovative solutions for microgrids. Stakeholders can also look nationwide to other states including California and Illinois, where officials are creating incentives and addressing regulatory challenges.
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