31 Oct '14, 1pm

GRID WARS: The Battle to Control Your Electricity

GRID WARS: The Battle to Control Your Electricity

While policy and regulation are accelerating this transition, the fundamental drivers are a changing marketplace and evolving technology. Rates are increasing for electricity delivered from large, centralized utility power plants. Meanwhile, advancements in "distributed" on-site energy resources — solar energy, combined heat and power, biomass, advanced engines, fuel cells, energy storage, efficiency, demand management, microgrids and advanced information technologies — are driving down costs, fundamentally shifting the economics . Beyond direct cost savings, distributed energy resources create other major benefits: reduced vulnerability to power interruptions caused by extreme weather events; improved physical security and cybersecurity; deferred utility capital investment requirements; grid optimization; reduction of climate threats and harmful air pollution; and economi...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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