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Arizona State University Professor’s Work to Stabilize the Grid Pays Off

Cars That Think

Whenever new technologies are introduced into the power grid, there’s always a chance they could disrupt the system, possibly even leading to blackouts. Finding ways to deal with the impact on the grid caused by incorporating renewable energy has been the focus of Vijay Vittal ’s research for nearly 20 years.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. trillion of that going to wind and solar and a further $1.5

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Invenergy and Xtreme Power launch JV for 1.5 MW grid energy storage system

Green Car Congress

Invenergy LLC, a Chicago-based renewable energy generation company, and Xtreme Power, a provider of real-time power management and energy storage solutions, launched a joint venture to deploy a fast-acting energy storage system in Illinois. Efficient frequency regulation is essential for PJM’s grid reliability. Xtreme Power’s 1.5

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EPRI Analysis estimates costs of fully developing US smart grid could reach $476B; benefits up to $2T

Green Car Congress

Total Smart Grid costs. The Electric Power Research Institute (EPRI) has released a broad assessment of the costs and benefits to modernize the US electricity system and deploy the smart grid. The analysis updates EPRI’s 2004 EPRI assessment, which estimated the cost of implementing a smart grid at $165 billion.

EPRI 239
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NYSERDA offering up to $21.6 million to support installation and operation of stationary fuel cell systems

Green Car Congress

If more large power consumers install fuel cells to offset some of their power needs, this will further our progress toward growing clean energy in New York State while taking some of the strain off the electric grid. The program is funded under the state’s Renewable Portfolio Standard (RPS). —Francis J.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. Billion vs. $28.3 Billion in 2008). Earlier post.). Cap and Trade Disappointment.

Financing 150
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X PRIZE Foundation Aims to Launch $100M in Prizes Over Next 10 Years, Targeting 4 Key Areas

Green Car Congress

X PRIZE’s Energy & Environment Prize Group intends to catalyze a new era of clean, renewable, cost-effective energy with minimal impact on the climate and environment. smart grid), storage (grid level, end user, community), monitoring and measurement. Clean Energy : solar/PV, wind, geothermal, hydro, tidal, biofuels.

Water 231