“I think it’s very important to understand that our grid is essential to our life. There are numbers as high as a trillion dollars for the electricity grid to bring it up to date.” —Itron CEO Philip Mezey, during interview with CNBC
“We’re now in the era of Industry 4.0, evolving from automation—where rule-based computers tell machines what to do—to increasingly intelligent autonomous systems capable of making decisions in response to new inputs.” —ABB Chief Digital Officer Guido Jouret
“Just as with so many issues before the commission, enhancing grid resilience requires a careful balancing of many competing interests.” —Executive summary of PJM Interconnection’s report on grid resiliency to the Federal Energy Regulatory Commission
U.S. gas and electric demand side management expenditures totaled $8.2 billion from all sources—and over $7.8 billion from ratepayers—in 2016, representing an increase of inflation-adjusted expenditures of 1 percent. . . Ratepayer-funded programs resulted in 25,788 GWh of gross incremental electric savings and 409 million therms of gas savings in 2016.”
—Consortium for Energy Efficiency: “State of the Efficiency Program Industry”
The determination that an energy storage retrofit of a residential solar PV project is eligible for a 30 percent ITC (investment tax credit) under Section 25D is a step in the right direction toward a common-sense tax approach to storage. However, an IRS private letter ruling does not constitute formal guidance.
—Energy Storage Association letter regarding a recent private letter by the Internal Revenue Service indicating that battery retrofits of residential solar project were eligible for the 30 percent ITC
As India offers up cash and advice, sunny nations form a solar alliance. Under PM Modi, India has moved to quickly scale up its use of #renewables. —@ AlexWitzleben (economic historian Alex Von Witzleben)
.@SPPorg to @FERC cited #resilience benefits of new #Transmission. “ËœThe construction of new transmission facilities pursuant to modern design standards enhance the robustness of the system.’ —@wiresgroup
Preliminary results from @NYSERDA #EnergyStorage Roadmap find significant net benefits of 2,795 MW of storage deployed by 2030—most of which is 4+ hour duration http://on.ny.gov/2FzjLfB”
—@jburwen (Jason Burwen, vice president of policy,
Energy Storage Association)
Happy Spring?? —@PSEGLI (PSEG Long Island) on March 20 as fourth nor’easter of the month hit the service area.