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Wall Street’s grid agreement: solar and batteries are coming

Wall Street’s grid agreement: solar and batteries are coming In 2014, a chorus of analyses from major financial institutions – including Bank of America, Barclays, Citigroup, Fitch Ratings, Goldman Sachs, Morgan Stanley, and UBS – found that solar-plus-battery systems pose a real and present threat to traditional utility business models. Many of them directly cited … Continue reading Wall Street’s grid agreement: solar and batteries are coming →

FirstEnergy closes 104-year-old coal power plant, electric rates to rise (interactive map)

FirstEnergy closes 104-year-old coal power plant, electric rates to rise (interactive map) CLEVELAND, Ohio — The last three FirstEnergy’s coal-fired power plants on Lake Erie closed forever today. The shutdowns come more than three years after the company announced it would close rather than modernize them to meet new clean air standards. Built generations ago, … Continue reading FirstEnergy closes 104-year-old coal power plant, electric rates to rise (interactive map) →

SPP: Clean Power Plan goals will be difficult to reach through any route

SPP: Clean Power Plan goals will be difficult to reach through any route Southwest Power Pool (SPP) has, for the second time, analyzed the Environmental Protection Agency’s (EPA) Clean Power Plan (CPP), and found that it would cost $2.9 billion per year in generation-resource capital investment and energy production costs to meet the 2030 deadline … Continue reading SPP: Clean Power Plan goals will be difficult to reach through any route →

Report: ISO-NE winter power prices down by nearly half this year

Report: ISO-NE winter power prices down by nearly half this year Power prices in New England were significantly cheaper this past winter, and Platts notes that it’s at least partly due to the ISO’s reliability program, which worked to ensure sufficient fuel diversity and supplies on hand. The grid operator developed a reliability program last … Continue reading Report: ISO-NE winter power prices down by nearly half this year →

Why Today’s Grid Storage Business Models Are Subject to Change

Why Today’s Grid Storage Business Models Are Subject to Change Controlling and optimizing grid-tied and behind-the-meter batteries is already a complicated business. But it’s going to get a lot more complicated in the years to come, both for utility-facing storage integrators like S&C Electric Company, AES Energy Storage and NEC/A123, and for customer-facing behind-the-meter storage … Continue reading Why Today’s Grid Storage Business Models Are Subject to Change →