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Grid

Hybrid Converter Integrates Multiple Power Sources for Microgrids

Linda Hardesty

Ideal Power introduced its 3-port 30 kW hybrid converter, which offers the ability to integrate energy storage and solar photovoltaic to accelerate deployment of microgrids. The hybrid converter integrates multiple power sources for microgrids, delivering grid resiliency during blackouts and reducing dependency on diesel fuel for off-grid applications. Ideal Power’s Hybrid Converter Family is the   …Continue Reading


VC Funding for Smart Grid at $81M in Q2 2014, Says Mercom

Linda Hardesty

According to consulting firm Mercom Capital Group, venture capital funding into smart grid companies came in at $81 million in 13 deals in Q2 2014, compared to $101 million in 21 deals in Q1 2014. In Q2 2014 some top VC deals include: Sunverge Energy, a developer and manufacturer of distributed energy management systems, raised   …Continue Reading


KT Expands into Energy Sector

Karen Henry

KT, formerly Korea Telecom, is expanding its services offerings to include energy services. According to a Korea Bizwire article, KT will be turning its 400 branch offices and data centers into advanced energy centers. Electric vehicle (EV) charging stations will be installed at each of KT’s branch offices. The EV charging infrastructure will be further   …Continue Reading


Energy Costs to Remain Low for Last Part of July

Karen Henry

Below average temperatures mean energy costs savings for many residents and business owners in the United States. During the first three weeks in July, Chicago residents and business owners have used 35 percent less energy than the 30-year average to cool their homes and business, and in Atlanta, the savings has been around 12 percent.   …Continue Reading


UK Makes Investment in Energy Infrastructure Easier

Karen Henry

The UK energy sector saw $77 billion of investment between January 2010 and December 2013, with a $14.5 billion investment in renewable technologies in 2013 alone, according to the Department of Energy and Climate Change’s (DECC’s) first report on energy investment in the UK, “Delivering UK Energy Investment 2014.” This investment tackles a legacy of underinvestment   …Continue Reading


EnerNOC Updates Energy Software

Linda Hardesty

EnerNOC released an update to its energy intelligence software, which includes the company’s new predictive energy algorithm and tariff engine. The addition of predictive capabilities is coupled with customer-specific tariff data from Genability, which the company invested in earlier this year. The new capabilities provide a granular view into future energy usage and spend to   …Continue Reading


EIA Projects Modest Additions of New Electric Generation Capacity

Karen Henry

Projected future electric generation capacity additions are well below average annual levels, according to the US Energy Information Administration (EIA) Annual Energy Outlook 2014 (AEO2014) Reference case. Between 2013 and 2014, the United States will add 351 GW of new electric generating capacity in both the electric power sector and the end-use sector. Natural gas is   …Continue Reading


GDF SUEZ Offers Web-Based Demand Response

Linda Hardesty

GDF SUEZ Energy Resources plans to distribute Viridity Energy’s VPower to any interested customer over 1 MW in aggregate demand. The VPower demand response suite combines usage, pricing and system data to show energy managers how to control their consumption. With VPower, commercial and industrial energy customers can monitor their energy usage, minimize their peaks,   …Continue Reading


USDA Funds Upgrades to Electric Systems in 8 States

Linda Hardesty

The US Department of Agriculture is loaning $263.3 million to help modernize and improve the reliability of rural electric systems in eight states. California Kirkwood Meadows Public Utility District – $8,000,000. To make transmission improvements. Florida Sumter Electric Cooperative, Inc. – $110,000,000. To build or improve 1,447 miles of line and make other system improvements. Georgia   …Continue Reading


Automotive Market on Track to Be Biggest User of Energy Storage

Karen Henry

The automotive market is on its way to displacing consumer electronics as the biggest user of energy storage, according to a new report from Lux Research, “Finding Growth Opportunities in the $50 Billion Energy Storage Market.” Energy storage will grow at a compound annual growth rate (CAGR) of 8 percent to $50 billion in 2020,   …Continue Reading


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