When we take a look back to see what new technologies have been talked about as challenging the accepted ways at utility companies, we can identify certain trends that are rising to the top. Typical among the technologies cited by utility stakeholders are cloud computing, digital transformation and IoT, electric vehicles, distributed/renewable energy sources and security. This article offers an analyst’s perspective on how utilities can make the most of these technology trends and use them to improve the customer experience.
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There’s an energy-storage opportunity hidden in plain sight — and it has little to do with electric vehicles.
As batteries go mainstream, the “deepest potential” for them is likely to be in arbitrage, according to a Bloomberg NEF report Tuesday.
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One of the so-called “Big 3” players in the legacy lighting business will no longer sell end products after Osram finds a buyer for its Lighting Solutions luminaires business unit.
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Signify’s low-blue recipe and downward optics should help keep northern Tenerife safe for stargazing.
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A Thai-based renewable energy technology company, Energy Absolute, plans to invest $3 billion in a battery ‘gigafactory’, hedging on Southeast Asia’s uptake of electric vehicles and smart grids.
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While most of the world struggles with stabilizing renewables on the grid, a small island in Alaska has it all figured out.
Kodiak Island, a place where you’ll find a self-sufficient community encircled by expanse wilderness, is known for its wild bears, its fish processing industry, and — of most interest to those in the energy storage sector —f or its nearly 100 percent clean energy microgrid.
Wind, water and energy storage are the elements that have almost completely sunk fossil fuels, enabling the island’s affordable energy rates and miniscule carbon footprint: two achievements many grid operators strive to attain for their own networks.
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Last week renewable energy monitoring, controls, and asset management providers AlsoEnergy and skytron energy announced a merger. In addition, AlsoEnergy said that it was acquiring the assets of floundering Draker and will honor and support the contracts for the 2 GW worth of solar assets that Draker had been monitoring for its customers.
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Total corporate funding (including venture capital funding, public market, and debt financing) into the solar sector in Q2 2018 rose 12.5 percent quarter-over-quarter to $2.8 billion from the $2.5 billion raised in Q1 2018, according to a report by Mercom Capital.
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American Electric Power Co.’s $4.5 billion Wind Catcher project was done in by shaky economics, and may become a teaching moment for other developers planning big clean-energy projects.
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