Credit to Author: POWER| Date: Thu, 01 Aug 2019 00:00:00 +0000
I was recently reviewing a report issued last year by BMI Research, a Fitch Group company. The Megatrends 2050 Special Report , as it is called, suggests there are three main trends that will transform the
The post Electric Power Trends and Opportunities appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Mon, 01 Jul 2019 04:00:28 +0000
The pairing of wind and solar is emerging as a smart strategy to implement renewable energy sources with better economic feasibility. The pairing of wind and solar power is an advantageous complement; the two benefit each other. The synergistic combination is an emerging trend in renewable energy and power generation as costs drop. The pairing […]
The post A Fine Couple They Are (Wind and Solar Power) appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Sat, 01 Jun 2019 04:00:01 +0000
Household batteries could contribute to making the grid more cost effective, reliable, resilient, and safe—if retail battery providers, utilities, and regulators can resolve delicate commercial, operational, and policy issues. The growth of battery storage in the power sector has attracted a great deal of attention in the industry and media. Much of that attention focuses […]
The post How Residential Energy Storage Could Help Support the Power Grid appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Wed, 29 May 2019 21:08:31 +0000
The power industry is changing and power companies must evolve to stay competitive. Many businesses are transitioning from vertically integrated, centralized utility structures to more-distributed models. JEA offers a good case in point. JEA is a not-for-profit, community-owned utility located in Jacksonville, Florida. It serves an estimated 466,000 electric, 348,000 water, 271,000 sewer, and 11,000 […]
The post Power Company Business Models Are Evolving [PODCAST] appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Thu, 16 May 2019 13:05:36 +0000
When it comes to gas turbines, size matters. Although the market for large, heavy-duty gas turbines has been challenging in recent years, demand for industrial gas turbines—generally units with output ranging from about 5 MW to 100 MW—has been growing, according to Reed Lengel, product line manager for SCC-800 solutions with Siemens Energy. “When you […]
The post Industrial Gas Turbine Demand Grows [PODCAST] appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Thu, 09 May 2019 13:39:25 +0000
Combined heat and power (CHP), also known as cogeneration, is the concurrent production of electricity or mechanical power and useful thermal energy (heating and/or cooling) from a single source of energy. Although it may not be widely recognized outside of industrial, commercial, institutional, and utility circles, CHP has been providing highly efficient electricity and process […]
The post Control Your Own Destiny with Combined Heat and Power Systems [PODCAST] appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Wed, 01 May 2019 04:00:44 +0000
Between 2005 and 2016, the global installed capacity of solar PV increased more than seven-fold, and the capacity of onshore wind increased nearly three-fold, and owing to plunging costs, variable renewable energy (VRE) capacity is set to expand dramatically, according to the International Renewable Energy Agency (IRENA). To accommodate soaring shares of VRE generation, innovations […]
The post THE BIG PICTURE: 30 Innovations Revolutionizing the Power Industry appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Wed, 01 May 2019 04:00:38 +0000
Utilities deploying precise timing in their networks have an additional choice in evaluating solutions based on whether or not the devices are IEEE certified for compliance to the appropriate IEEE 1588 Power Profile. To reach this point, years of effort from the IEEE, International Electrotechnical Commission (IEC), National Institute of Standards and Technology (NIST), and […]
The post Certifying Precision Timing in the Smart Grid appeared first on POWER Magazine.
Read moreCredit to Author: POWER| Date: Wed, 01 May 2019 00:00:00 +0000
The power grid is a pretty complex system. Electricity is generally produced on an as-needed basis. Generators ramp up and down based on demand. However, energy storage systems are beginning to change how
The post Energy Storage Changes the Power Profile appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Wed, 20 Mar 2019 14:46:21 +0000
MGM Resorts International took a bold step in 2016 when it ended its energy-buying relationship with NV Energy and instead chose to purchase electricity from private providers. The company’s decision was driven by a desire to slash bills and boost renewables. Henry Shields, executive director of finance and analysis in the Corporate Sustainability division of […]
The post How a Major Resort Owner Manages Its Power [PODCAST] appeared first on POWER Magazine.
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