How Electric Cars and Renewables Could Beat Oil Solar and wind sent European utilities into financial disarray, and U.S. utilities are facing a similar fate. Are global oil companies next? A new report from one of the world’s biggest banks, BNP Paribas, says that solar and wind paired with electric cars provide up to seven … Continue reading How Electric Cars and Renewables Could Beat Oil
Is a California solar+storage boom about to happen? CAISO has warned state regulators that there could be a 4.7 GW capacity shortfall in 2022, in the early evening hours of the annual peak demand events of September. The grid operator has suggested alteration of water cooling laws, as well as increased procurement of resources. The … Continue reading Is a #California solar + storage boom about to happen?
Bloomberg: Texas makes a case for new plants Bloomberg is reporting that Texas’ generators had a profitable week as intense heat sent electricity prices shot up to unprecedented levels, briefly surpassing a US$9000 a MWh ceiling. That put producers more than three quarters of the way toward profits that the state’s power market monitor says … Continue reading #Texas makes a case for new plants
How long will NH continue to have fossil fuel generators? Granite Shore Power receives ISO-NE payments simply for keeping power plants available Will New Hampshire continue to burn coal and oil to produce electricity? And for how long? Those are questions for Granite Shore Power, a conglomerate of 18 companies that in January 2018 bought … Continue reading How long will NH continue to have fossil fuel generators?
As Market Fault Lines Emerge, Where Could Stranded Costs Develop? S&P Global Market Intelligence recently highlighted the possibility that stranded costs in the electric sector could emerge again, 20 years after a wholesale restructuring of the industry that was intended to mitigate this type of risk. A recent S&P Global Market Intelligence webinar, Grid Transformation … Continue reading As Market Fault Lines Emerge, Where Could Stranded Costs Develop?
Innotap brings you the fastest updates so you can take advantage of market conditions like this !
BASF and NGK Partner to Sell Stationary Energy Storage Batteries BASF New Business GmbH (BNB) and NGK announced a sales partnership agreement that gives BNB non-exclusive rights to sell NGK’s NAS® batteries (sodium-sulfur (NaS)-based batteries) via BASF’s global channels. NGK’s NAS battery is the first commercialized megawatt-class battery which has the capacity to store large … Continue reading #BASF and #NGK Partner to Sell Stationary Energy Storage Batteries
Utilities hold the key to unlocking the real value of the smart home As the smart home market heats up, digitalization, changing customer demand, and innovation in home energy management technology has opened the door for electric utilities to get in on the game. While tech companies’ access to the home remains siloed to the … Continue reading Utilities hold the key to unlocking the real value of the smart home
Tesla might get into the mining business to secure minerals for electric batteries Tesla might get into the business of mining minerals used in electric vehicle batteries if it wants to expand its product lineup and scale production, CEO Elon Musk said during the company’s annual shareholder meeting. The comments came after Musk talked about … Continue reading Tesla might get into the mining business to secure minerals for electric batteries
Oxnard, California: The City That Stopped A Gas Plant When NRG Energy, one of the largest electric power producers in the country, won a contract to build a new gas plant on the beach in Oxnard, California, in 2014, nearly everyone assumed it was a done deal. The region’s electric utility, Southern California Edison, needed … Continue reading Oxnard, California: The City That Stopped A Gas Plant