Why smart utilities are embracing distributed electricity _ news _ eco-business _ asia pacific

The growth of distributed energy generation, particularly in the form of solar energy, leaves the aging, monopolistic electric utility system a daunting choice: Come out swinging in defense of the status quo or boldly jump into the cockpit, put on the co-pilot’s hat and fly toward the clean energy future.

The second choice is not only the best option, it’s a vital move toward curbing climate change, serving customers with fair prices and, most importantly for the folks calling the shots, keeping utility companies in business.

In order to stay competitive, utility companies, grid operators and the people who regulate them need to do what’s right for people and planet — incorporate renewable energy, storage and software to modernise the grid.

The momentum for renewable energy builds as prices fall and emissions regulations tighten. Supporting this trend doesn’t stop at pro-solar policies. Electricity and magnetism review sheet Innovating to keep up with the technology is essential for both wider adoption of renewables and a better, more resilient grid.

Breaking the common solar-versus-utility narrative, some utility companies are not only accepting the idea of a clean energy future — they’re ushering it in.

It should come as no surprise that many utility companies are on the defense against distributed energy resources, which are “turning the traditional model upside down.”

In addition to a growing base of rooftop solar customers and community solar gardens, utilities are facing competition from the likes of Google, Apple and Amazon.

Consumers producing and selling their own power lowers demand for power produced by utilities. Gas out This is a growing trend that threatens the very premise of the utility industry. Gas near me open now Change is coming

Some utility companies and state utility commissions have heeded the call for progress, too. Electricity kwh cost calculator They’re modernising the grid in ways we’ve never seen before, making the U.S. Types of electricity consumers electricity system more resilient and better able to serve the American people with cheap, reliable and clean electricity.

As far as carbon emissions and price stabilisation go, this is undoubtedly the right thing to do. Gasbuddy nj But more importantly for electric sector incumbents, it’s the smart thing to do to avoid being left behind and facing the worst kind of “Kodak moment.”

Consolidated Edison, New York City’s major utility, recently announced it would be piloting a virtual power plant that incorporates distributed generation into an organised, modern grid, with more than 300 homes leasing high-efficiency solar panels and lithium-ion battery storage systems from Sunverge Energy.

SunPower will supply panels for the project. Gasbuddy What’s amazing is that the power produced by these rooftop solar energy systems will be directly integrated with utility control rooms.

Similar projects include one by Southern California Edison in collaboration with Stem, an energy storage company. Bp gas locations Green Mountain Power in Vermont is selling Tesla Powerwall batteries to its customers. Gas stoichiometry examples PG&E is partnering with SolarCity for a pilot project in San Jose. Gas bloating SolarCity notes that the point of the project is to demonstrate “ a more modern, customer-centric grid.” That sounds a lot better than our current aging, profit-centric grid. Gsa 2016 pay scale Not yet the norm

Though promising, these projects are not yet the norm. Electricity video ks2 Distributed energy resources’ growth is spurring fierce resistance from many utility companies.

Nevada is perhaps the best example of this — a recent decision by the Public Utilities Commission of Nevada to overturn net metering, a policy that compensates solar customers for the energy they provide to the grid, has all but killed the once-thriving residential solar market there.

In one of the sunniest states in the country, solar giants SolarCity, SunRun and Vivint Solar have packed their bags and left, taking hundreds of jobs with them. La gastritis And on the commercial side, major casino companies are breaking their contracts with NV Energy to buy renewable power — more than 5 percent of power sales in the utility’s southern territory.

Nevada’s utility companies are putting their businesses and their shareholders at risk by not changing with the times. Kushal gas agencies belgaum These short-term effects pale in comparison to the threat of stranded assets — investments that become unusable due to policy and market changes — if regulators fail to update infrastructure to accommodate distributed energy.

While net metering can be problematic and every state has different regulatory challenges and needs, there is assuredly a better way to approach those challenges that accounts for more distributed renewable energy.

Resisting change leads to economic losses, a bad rap in the media, and inadequate preparation for emerging regulations and market forces related to climate change, aging grid infrastructure and growing public support for renewable technologies. Gas hydrates energy In or out

Some companies are heeding the call, and the benefits they will see are many — from safety and resilience to cost reductions and carbon reduction. Gaslighting examples The companies that turn a deaf ear will face stranded assets, slow job growth and a loss of consumer trust.