ENTRUST Solutions Group’s Post

3x their prior estimates, the PJM Interconnection "annual load forecast comes amid concerns that power plants may retire more quickly than they can be replaced, possibly leaving the grid operator with a supply shortfall late this decade." https://lnkd.in/g6Kc-VRk #Bitcoin #energy #electricity #Bitcoin_Curtis

📈 👀Interesting data from Utility Dive! U.S. commercial sector electricity use increased by 1% last year compared to 2019 levels, primarily driven by data center development in 10 states, according to the Energy Information Administration. As demand for electricity rises, especially in large-scale computing facilities, the role of solar and energy storage becomes even more essential. These technologies offer sustainable and efficient solutions to meet the growing needs while promoting a greener future. Check out the full Utility Dive article below: ⬇️ https://loom.ly/6119QXw

Driven by data center development, U.S. commercial sector electricity use grew by 1% last year from 2019 levels and is expected to grow 3% this year and by 1% in 2025, according to the Energy Information Administration. South Carolina is among the three states with the largest demand growth. As the Carolinas attract more data centers and other high-tech operations, the importance of #naturalgas for power generation is crucial for meeting the increasing energy demands of these facilities. https://ow.ly/wpxK50SEvLe

Electricity demand is beginning to grow in the U.S. due to the rapid expansion of data centers and crypto mining. These sectors have been growing, but increases in energy efficiency have been masking their impact and keeping overall electricity demand flat for several years. Expect to see continued growth in solar, onshore and offshore wind, and natural gas-fired generation. The likely growth of gas-fired generation means the power sector will need to invest in carbon capture and sequestration (CCS). The LSU Institute for Energy Innovation will be looking for ways to safely capture and store these emissions. Growth of solar and onshore wind in particular will create lots of economic development opportunities for rural communities in the next few years. The Institute is committed to helping these communities grow their tax bases by benefiting from the growth of power demand. #ElectricityDemand #CCS #EnergyInnovation #Energy #LouisianaJobs https://lnkd.in/gcUqHi_j

“Those developers with the most data will win” Couldn’t agree more with Dr. Damien Buie - Segment Leader - Energy Transition Amazon Web Services (AWS) at the opening session of the American Clean Power Association (ACP) Resource & Technology Conference. With $2T invested in clean energy and ~100GW in the solar pipeline the will to invest is clearly there. Nonetheless, the fact that an unacceptably high percentage of projects are failing to deliver expected energy through mid and late life points to a lack of the right kind of data to predict future performance, diagnose the cause of shortfalls, and prescribe the best remedial measures. Morgan Solar Inc.’s DeepSweep sensor and analytics platform does just that, scalably and cost efficiently. We are building a unique dataset that delivers actionable insights to asset managers, developers, and operators. Contact us to find out more! #acprt24 #analytics #aiot #solar #machinelearning #dataanalytics

In this report, the Federal Energy Regulatory Commission cited The C Three Group | Yes Energy Group data, which is now available via Yes Energy's Infrastructure Insights Dataset. This dataset gives you access to deep insights into the ever-changing status of planned generation, transmission and distribution, and load center (ex: industrial, data centers, bitcoin) facilities coming online or retiring across the US. https://hubs.ly/Q02qQNpK0 #FERC #Energy #PowerGrid

An analysis by the consulting firm Wood Mackenzie found that the energy needed by crypto operations aiming to link to the grid would equal a quarter of the electricity used in the state at peak demand. Unlike data centers operated by big tech companies such as Google and Meta, crypto miners generally don’t build renewable-energy projects with the aim of supplying enough zero-emissions energy to the grid to cover their operations.

Oncor has received requests for 80 GW of new power demand or load in ERCOT. A large part of this new load is for data centers with each asking for 100MW or more per interconnection. It will take a lot more solar, wind, and energy storage to supply the growing demand in Texas that is now projected for 2030 which is for a doubling of total electricity demand.

Utilities AEP and Duke Energy are proposing that data center customers make up-front contributions to pay for new power infrastructure, and sign "minimum take" clauses to pay for requested power, whether they use it or not. This cost-sharing is designed to manage the utility's risk in expensive investments in new infrastructure, as well as manage costs for stakeholders. We've previously seen this structure used by utilities to manage power requests from crypto miners. Does it make sense for data centers, who are pre-leasing much of their space? And does a cost-sharing agreement bring assurances on a delivery date? I'm interested to hear opinions on this. #datacenter #power #energy #ai #cloud #hyperscale https://lnkd.in/eEVdPrEW

According to @Deloitte, one of the critical factors shaping the success trajectory of #grid #modernization is how players can extract #value from #data. This involves breaking down silos and creating an optimized web of data that draws information on everything from #SmartMeters to #renewable #energy #assets. The mesh of data, and how #operators can extract insights from it, is where the opportunity lies. #GridOS #GridModernization #GridData #GridDataFabric https://buff.ly/3Z4V0PP