The renewable generation market continues to evolve rapidly. Increasingly well-informed customers are exploring distributed generation assets including rooftop solar, wind, utility-scale projects and more. Learn more and sign up for the report:
http://bv.com/reports/2015/electric/d...
TRANSCRIPT
Vennela Yadhati | Electrical Engineer, Renewables, Black & Veatch:
The 2015 electric report finds that increasing customer interest and adoption of solar, energy storage, and distributed generation is causing more utilities to rethink their approach to these resources.
New technologies are enabling customers to substantially lower power consumption and potentially even go “off--the-grid”. As a result, electric utilities are revisiting their approach to planning and becoming more proactive about the integration of distributed generation into their business models.
Energy storage technologies are also changing how electric utilities function. Third parties, such as Tesla, are leading the charge and providing battery storage options to commercial and industrial utility customers.
While some utilities might view distributed generation as a threat, others are open to investments in it and related technologies. About 75 percent of survey respondents are thinking about investing in behind the meter and distributed grid infrastructure. Two-thirds say they will increase their renewable energy generation investments in the next five years.
As electric utilities continue to prepare for the changes sweeping the industry, the ability to plan and evolve will be directly tied to readiness.
While no one can fully predict outcomes, Black & Veatch recommends that where DG is concerned, electric utilities begin to gauge their ability to transition now.
2015 Electric Industry Report: DG at the Core of Electric Industry Transformation renewable energy industry analysis | |
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| Science & Technology | Upload TimePublished on 4 Aug 2015 |
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