The emerging demand for well-managed grid energy storage will drive Smart Grid innovation with new business models for utilities, energy industry stakeholders, and importantly there will be new business opportunities for utility customers.
Governor Cuomo claims that he is a "climate leader." Yet, Cuomo has approved 16 times as much new utility-scale gas capacity as new wind and solar, which currently only makes up 5% of New York's energy generation.
Good day. Since it began investing in energy startups in 2018, the team at National Grid Partners, the venture arm of utility National Grid plc, noticed a shift in the market. "There really were not pure-play financial VCs that would co-invest with us or provide follow-on capital to our companies.
Shares of Eversource Energy rallied 1.39% to $90.58 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.68% to 4,134.94 and Dow Jones Industrial Average falling 0.75% to 33,821.30. Eversource Energy closed $6.08 short of its 52-week high ($96.66), which the company achieved on November 9th.
President Joe Biden's $2 trillion infrastructure proposal seeks to help reach the administration's ambitious clean energy goals for the U.S. over the next decade. Part of that means funding upgrades to the country's electric transmission system - the poles and wires that everyone relies on to access power nearby or from hundreds of miles away.
While in the early stages of launching startup , co-founders Flux Marine Ben Sorkin, Jonathan Lord and Daylin Frantin were all happily working out of co-working space in Boston's Seaport District. But when the coronavirus pandemic hit and closed many co-working spaces, the Flux Marine team, which is developing electric outboard motors to reduce carbon emissions in boating, found themselves in need of new office space.
The UK reached a gigawatt of battery storage deployments in the second quarter of 2020 and the industry has 14.9GW in its development pipeline including 1.8GW of ready-to-build projects and 6.9GW with planning approvals in place.
LONDON, April 20 (Reuters) - British wholesale gas prices edged lower on Tuesday morning as higher imports of gas from Norway and weaker demand from power stations left the market over supplied. The day-ahead contract TRGBNBPD1 was down 0.72 pence at 55.53 p/therm by 0935 GMT.
Just like the disastrous NBN debacle, the cost of the Coalition Government's failed energy policies will be borne by renewable energy users, writes Paul Budde. THE Australian Energy Market Commission (AEMC) has indicated that the electricity grid is struggling to cope with the changing power landscape, which is generating more solar energy than ever before.
Part XII: How to keep the grid stable as more and more energy from unpredictable renewable sources enters the electricity market. Imagine you're driving on the highway and suddenly your engine cuts out. Maybe the fuel gauge was lying and you're out of gas, or maybe a connecting rod has sheared off from stress.
The White House unveiled on Tuesday a 100-day plan intended to protect the U.S. power grid from cyber-attacks, mainly by creating a stronger relationship between U.S. national security agencies and the mostly private utilities that run the electrical system. The plan is among the first big steps toward fulfilling the Biden administration's promise to urgently improve the country's cyber defenses.
LOS GATOS, Calif., April 19, 2021 /PRNewswire/ -- Since its launch less than three years ago, National Grid Partners (NGP) has put $227 million to work in dozens of startups at the intersection of energy and information technology.
Education equality charity Speakers for Schools (@speakrs4schools) has joined forces with National Grid (@nationalgriduk) and Young Enterprise (@youngenterprise) to provide three insightful workshops to 60 young people across the UK. Taking place between 27th and 29th April 2021, the hour-long workshops are open to young people aged over 16 and...
GUILDERLAND, N.Y. (NEWS10) - As of Monday afternoon, there are nearly 6,000 households without power in Guilderland, according to National Grid. In the area, all traffic lights are out on Western Avenue from Route 146 east to Route 155. That's according to Guilderland Police. Officials are working with National Grid to address the issue.
STATEN ISLAND, N.Y. - The FDNY is responding to a gas leak in Annadale on Monday morning. Four units responded to the incident that was reported at 9:04 a.m. in the vicinity of Barclay Avenue and Sycamore Street, according to a spokesman for the FDNY/EMS. As a precaution, the FDNY evacuated three homes on the affected streets, the FDNY spokesman said.
Among the goals of the solar industry and regulators alike has been the efficient use of land and a streamlined approval process, minimizing the loss of agricultural property and reducing the magnitude of and time for zoning reviews.
April is shaping up as a very busy month for Bay Area life science companies, at least as it concerns those hoping to enter the public markets. Two of them are set to go public this week through initial public offerings, and several more made plans to head in that direction, filing their IPO paperwork.
It was announced Monday that the City of Albany will be adding five new electric vehicle DC Fast Chargers across two new locations. The chargers will be located in the Quackenbush Parking Lot and Lot 3 located at 327 Washington Avenue.
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CAZENOVIA - Recently, Fenner Town Supervisor Dave Jones responded to a letter distributed to Fenner residents by Cypress Creek Renewables, LLC regarding their proposed " Oxbow Hill Solar Project." Cypress Creek is a national solar energy company that develops, maintains and operates solar farms. The proposed 140-megawatt power plant would encompass 1,000 acres and involve a 25-year contract with five-year renewals possible for a 40-year timeframe.