In Part 1, we looked at how industrial-scale distributed generating plants (typically hundreds of kilowatts to tens of megawatts), powered by renewable energy, are playing an important role in creating a new generation of more resilient, more sustainable power grids. We also saw that, regardless whether they make power from the sun’s distant rays or a nearby city’s sewage sludge, they’re still subject to the same technical requirements for regulating, conditioning, and distributing their output through the power grid as their larger fossil-fueled counterparts.
Source: Independent Electricity System Operators (IESO)
Here, we’ll take a closer look at how the equipment used in distributed generation systems must evolve to meet the industry’s changing requirements. While still undergoing some growing pains, distributed generation technologies are technically mature and well-defined enough whereby major utility operators, such as the Sacramento Municipal Utility District (SMUD) and CPS Energy, have developed extensive standards that define
In recent weeks, the media landscape has been awash with stories declaring the beginning of the end of the age of hydrocarbons in America and around the world.
The facts on the ground, however, paint a different story.
As of this year, renewable generation accounted for only 17.5% of the US’ energy mix. While Deloitte predicts this number will grow to just shy of 50% by 2050, it would be naïve to assume that fossil fuels won’t continue to play a significant role in our lives for the foreseeable future.
The MarketWatch News Department was not involved in the creation of this content.
Sep 28, 2020 (Profound via COMTEX) —
Vehicle-to-grid, or V2G technology, is defined as a system that is capable of controlling the bidirectional flow of electricity between the vehicle and the grid. Electricity flows from the grid to the vehicle to charge the battery. Also, electricity can flow back from the vehicle to the grid when required. A majority of the time, electric vehicles are not in use. During this idle time, the batteries of these vehicles can be utilized for supplying electricity back to the grid. Parties involved in V2G operations include vehicle owners, vehicle battery suppliers, curtailment service providers, electric utility, electric vehicle supply equipment (EVSE) owners, and businesses/homes.
The global vehicle-to-grid technology market is projected to garner revenue around US$ 17.43 billion by 2027 by recording compound annual growth rate (CAGR) of 48%
(Bloomberg) — Electrifying all new cars in California could be an immense burden on the state’s struggling power grid — or a whole new line of defense against blackouts.
It all depends on the time of day vehicles charge.
Governor Gavin Newsom’s executive order this week to phase out sales of new gasoline-powered cars by 2035 could add millions of electric vehicles to roads, driving up power demand as much as 9.5% in the next decade and 25% by 2035, according to estimates.
That could be a nightmare in a state where power supplies can be so tight on summer evenings that officials ordered rolling blackouts last month to prevent the system from collapsing during a heat wave. If millions of cars plug in at sundown, too, the problem may explode.