State initiatives demonstrate a growing awareness that public policy must change to keep up with and encourage technological change. New players entering the industry are demonstrating the power of markets to stimulate investment and innovation.
When companies fall into financial trouble, shareholders and executives are usually held responsible. If a firm, for instance, assumes too much debt, its owners face several options. They could issue more equity or stock, bringing in more revenue but decreasing the value of their current stock holdings. They could cut the dividends to shareholders. They …Continue Reading
Microgrids that can disconnect from a centralized electric grid and operate independently are sizzling hot these days. Cities vulnerable to storms want them. Neighborhoods interested in renewable energy and lower power bills want them. And now, traditional utilities want them to make their systems more reliable and to expand their business. So when will microgrids dot American …Continue Reading