Tag: demand for energy

Electricity use can vary dramatically on short and medium time frames, largely dependent on weather patterns. Generally the wholesale electricity system adjusts to changing demand by dispatching additional or less generation. However, during peak periods, the additional generation is usually supplied by less efficient (“peaking”) sources. Unfortunately, the instantaneous financial and environmental cost of using these “peaking” sources is not necessarily reflected in the retail pricing system. In addition, the ability or willingness of electricity consumers to adjust to price signals by altering demand (elasticity of demand) may be low, particularly over short time frames. In many markets, consumers (particularly retail customers) do not face real-time pricing at all, but pay rates based on average annual costs or other constructed prices.

Schneider Electric Unveils Advanced Microgrid at Boston One Campus HQ

Schneider Electric Unveils Advanced Microgrid at Boston One Campus HQ

The microgrid will provide cost savings, increased reliability, and sustainable energy production

Schneider Electric, the global specialist in energy management and automation, today unveiled an advanced microgrid at its Boston One Campus (BOC), the company’s North American headquarters in Andover, Massachusetts. The microgrid was built by Schneider Electric and REC Solar,

Fronius Installs Inverters in a Former Nuclear Power Plant

Fronius Installs Inverters in a Former Nuclear Power Plant

Fronius, the global quality leader for solar energy, has carried out a very special project in Zwentendorf, Austria: a photovoltaic system has been installed on the site of a former nuclear power plant (NPP). Where once nuclear energy was to be produced, today clean, safe energy is generated from natural

Ideal Power to Enter the German Energy Storage Market

AUSTIN, Texas – November 14, 2016 – Ideal Power Inc., (NASDAQ: IPWR), a developer of innovative power conversion technologies, received a half megawatt order for its Grid-Resilient 30kW Power Conversion Systems (PCS) for the German market. The order comes after the successful deployment of an initial demonstration system at a

Getting the Most Out of Utilities

Getting the Most Out of Utilities

While residential utility prices have been on the rise in recent years, the commercial sector has enjoyed declining utility costs due in part to a drop in the price of natural gas. The increased use of extraction techniques such as hydraulic fracturing has caused the supply of natural gas to

Smart Building Technology

Smart Building Technology

Building energy costs are a significant expenditure for businesses and the public building sector. The smart building industry is responding with products and services that can help, but there are hundreds of choices. However, we have some great examples of smart technology that can get you up to speed. So

Guest Commentary: Infrastructure Innovation Critical for Addressing Water Crises

Those who believe that problems are opportunities may already be aware of the global problem surrounding eroding and antiquated infrastructure. Infrastructure comprises the fundamental facilities and services that are essential for an economy to function and societal living conditions to be sustained or enhanced. These facilities and services typically include bridges, tunnels, airports, water supply,

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