The EPA has recognized five facilities with the Energy Star Combined Heat and Power Award for their CHP systems’ operating efficiencies ranging from 69 to 75 percent, much higher than the efficiency of separate production of electricity and thermal energy, which can be less than 50 percent.
Revenue for the energy storage in commercial buildings market will grow at a compound annual growth rate of 8.6 percent over the next 10 years, from $3.3 billion in 2012 to a $7.5 billion in 2022, according to a new Pike Research report.
Energy Storage in Commercial Buildings says that growth will be pretty evenly spread throughout three regions: North America, Europe, and the rest of the world, led by Asia Pacific. The majority of the revenue will come from the uninterruptible power supply (UPS) energy storage system segment.
Energy Curtailment Specialists has won a Pacific Gas and Electric contract to expand its PowerPay demand response program in California.
The contract is intended to growECS’ PowerPay customer participation in the PG&E service area by 60 percent. ECS says it has paid more than $150 million to program participants over the past 12 years, and anticipates an allocation of an additional $40 million to PowerPay participants this year.
Smart Energy: Five Metatrends to Watch in 2013 and Beyond says the smart energy paradigm is fast evolving from niche markets into a standardized part of the global energy portfolio. Oil majors, national governments, and technology developers have all reached the consensus that a more diversified energy mix is critical to sustainable economic growth in the future.
Edmonds Community College in Lynnwood, Wash., has installed an energy forecasting service that GridNavigator and ATS Automation say will add 3-5 percent savings and reduce energy demand by 7-10 percent across the more than 30 facilities on the 50-acre campus.
With the addition of companies including HP, IBM, Intel and Canon, enterprise energy management systems provider JouleX says it has increased the number of partners in its JouleX-Ready Technology program more than fivefold since its introduction in May 2012.
Some of the other newest partners to join the JouleX-Ready program during the last several months are ABB, Dimension Data, Enterasys, GreenPrint, Juniper Networks, NuLEDS, Racktivity, Raritan, Server Technology and Talisen Technologies, the company says.
Annual installations of commercial combined heat and power systems will reach nearly 39 GW and $2.2 billion in revenue in 2012, according to a new Pike Research report, Combined Heat and Power for Commercial Buildings.
Global capacity will more than double by 2022, the study concludes, reaching 79.5 GW (see chart). This represents $11.2 billion in annual revenue, led by the US, Europe and Asia Pacific, which Pike expects to represent 92 percent of the 79.5 GW installed.
Building energy management systems (BEMS) for utility customers’ global spending will reach $41 million in 2012, growing at a compound annual growth rate (CAGR) of 29.2 percent through 2020, when the market will reach $319 million worldwide, according to a Pike Research report.
The US will remain the largest market over the forecast period, and is expected to be more than double the size of Western Europe, the next largest market, the report says.
The future is bright for smart grid aggregation and optimization structures and programs, according to the new Pike Research white paper “Digital Energy Networks: Mission Critical Power Meets ROI.”