Climate Bill Causing Utility Companies to Embrace Climate Goals
Utility companies also expect to reap the rewards from the IRA. For instance, nearly $3 billion is set aside for upgrading transmission infrastructure - critical for the 70% of electric grid facilities crumbling after 25 years in operation.
Utility Technology Already Exists for Preventing Wildfires
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By deploying a series of low-cost sensors on poles, wires, and more, the company can track parts of the grid that might be at risk for failure. This can help prevent the sorts of catastrophic accidents that could cause devastating wildfires.
Why UK utilities should adopt remote operations
Software helped companies keep employees safe and operations running during the pandemic - now, digital operational technologies can also make utilities companies more resilient on a long-term basis.
Navigant Research Report Finds Storage Plus Renewables Power Purchase Agreement Prices Are Expected to Fall as Adoption Expands
Accurate valuing and positioning of storage plus renewables by utilities will continue to drive the North American market
Wind Farms Now More Affordable than Coal Plants
Lazard stated that building and operating solar and wind facilities will now be cheaper than running a coal plant in particular areas of the US. As a result, it is actually leading to the closure of many coal plants across the country.
Local Energy Marketplaces: An Emerging Business Model Powered by Digital
Utility companies have mastered integrating solar and wind, the main utility-scale renewables, into the power grid. Integrating distributed renewable resources--such as rooftop solar, Tesla Powerwalls, micro CHPs - is still a challenge.
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