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Tag: Environment

A Win-Win-Win Solution for DER Owners, the Power Grid, and the Environment

January 13, 2022
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New distributed energy resources (DERs) are being added to the power grid every day. However, DERs don’t automatically provide owners with the greatest value possible. In many cases, that requires the help of an aggregator, that is, a company that specializes in managing DERs owned by a pool of clients and optimizing performance of the overall system based on real-time signals coming from the wholesale power markets.

“Wholesale electricity markets need grid services from distributed energy resources. We connect those underutilized distributed energy resources—typically behind customer meters—to those wholesale power markets to orchestrate and monetize those resources to deliver reliable, cost-effective, and clean energy,” Gregg Dixon, co-founder and CEO of Voltus, said as a guest on The POWER Podcast.

Voltus’ customers and grid services partners generate cash by allowing Voltus to maximize the market value of their flexible load, distributed generation, energy storage, energy efficiency, and electric vehicle resources. “Voltus is to the electricity industry what Airbnb is to the real estate market in the sense that Airbnb connects under-utilized apartments or homes to buyers who want to make use of those under-utilized assets, and Voltus does that for the electricity grid,” Dixon explained.…

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G20 Environment Ministers: No Consensus on Phasing Out Coal

July 26, 2021
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The post G20 Environment Ministers: No Consensus on Phasing Out Coal appeared first on POWER Magazine.

The U.S., UK and other countries want world governments to commit to a phaseout of the use and financing of coal-fired power generation, but officials who met at the G20 Environment Ministers Meeting summit in Naples, Italy, this past week ended their talks without an agreement on the future of the fuel.

The topic will come up again at the 2021 United Nations Climate Change Conference, also known as COP26, in Glasgow, Scotland, later this year. The talks in Italy, which ended July 23, showed the difficulty among developed nations in reaching a consensus on carbon emissions, with coal-fired power still a dominant part of the energy mix in many countries.

The International Energy Agency (IEA) earlier this month reported that coal-fired generation is experiencing a resurgence this year after the pandemic-driven drop in 2020. The IEA has projects 3% growth in the construction of new coal-fired facilities in 2022.…

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