Powering Chicago’s Post

Making the switch to solar can sometimes seem overwhelming, but this wasn't the case for Dave Byrne. We chat to him and Pinergy Solar Consultant Raffaele about the experience with installing solar, the benefits, and why people should take the leap and invest ☀   #Pinergy #SolarEnergy #PinergySolar #PoweringEnergyTransition

In a recent article, CBRE argues that the surge in electricity demand across UK cities presents a compelling case for investment in rooftop solar infrastructure. With electricity demand expected to double by 2050, CBRE highlights the need for rapid scaling of renewable energy generation to support the nation's transition to net zero. They suggest that capitalising on unused roof space for solar energy production would enable real estate to significantly contribute to meeting this growing demand while securing low-carbon electricity. Learn more here: https://bit.ly/3WMmTuR #RooftopSolar #ElectricityDemand #Infrastructure #RenewableEnergy

For customers in Maryland, the recent passage of the Brighter Tomorrow Act (SB 783) makes it a great time to evaluate the financial viability of solar energy. Under the Act, commercial solar panels installed on rooftops or parking lots qualify for 150% bonus incentives if placed in service between July 1, 2024, and January 1, 2028. #incentives #solar #wegetsolar #NESG #naniaenergy

One of the main "pain points" we come across when considering PV solar panels is the cost. While the initial investment in solar panels may seem daunting, they offer substantial long-term cost savings. Once installed, solar panels can generate electricity for decades with minimal maintenance costs. Moreover, many governments and utilities offer financial incentives, tax credits, and net metering programs to encourage solar adoption, further enhancing the economic viability of solar power. And if you are a business, we offer funding solutions with NO upfront costs and a cash-flow positive payback term. Enquire today for more information and to book your FREE survey #costofsolar #solarcost #energysaving #energysavings #electricbills #greenenergy #solar #solarenergy #solarpanels

We have just heard from Aoife MacEvilly of the Commission for Regulation of Utilities (CRU), who spoke about a regulatory framework for a secure, decarbonised energy system. She states that: "The CRU is working on a National Energy Demand Strategy that aims to deliver more flexible demand and reward those customers who can switch at least part of their demand to times of high renewables and away from either peak hours or periods where we have low wind and solar generation. She also outlines 3 Key Challenges for Large User Demand Growth: 1. Carbon Budgets & Sectoral Emissions Ceilings 2. Electricity Grid Infrastructure Development 3. Pace of Electricity Demand Growth vs Supply Provision #EnergyIreland

The Winds of Change: How Virtual Power Plants Support the Transition to Renewable Energy 🍃⚡ VPPs are the driving force behind the renewable energy revolution! By aggregating localized distributed energy resources (DERs) in response to legislation like FERC2222, VPPs are spurring more renewable projects than ever before. 🌬️🌊 “Rather than viewing the massive adoption of EV and other DERs just as load to serve, utilities and regional grid operators can view this as an opportunity to increase the flexibility of the grid and more efficiently use existing resources and infrastructure,” DOE said. Buying peaking capacity from a VPP made of residential smart thermostats, smart water heaters, home managed EV charging, and behind-the-meter batteries can be 40% lower net cost to a utility than buying capacity from a utility-scale battery and 60% lower than from a gas peaker plant, DOE said, citing a May report by The Brattle Group.” #renewableenergy #virtualpowerplants #energytransition

Flexibility is crucial in any energy system. It eliminates energy wastage when demand is low and ensures there’s always enough when demand is high. Energy storage provides that flexibility, whether it’s a battery on a solar installation on a single home, or storage facilities for the entire grid. Increasing grid storage is a priority as the UK expands its wind and solar capacity. So it’s great news that the storage project pipeline jumped by over two-thirds in 2023. There are now around 85GW in operation, under construction, consented or in planning. That’s enough to power around 20 million homes! #EnergyStorage #NetZero #EnergyEfficiency #CleanEnergy

Really informative presentation from Aoife MacEvilly at the Energy Ireland conference today. Opportunities for co-location of demand and renewables through energy parks, integrated approach to system planning as well as speeding up delivery of infrastructure highlighted as key elements in our decarbonisation journey. She presented on the Security of Supply programme which generated some questions from the audience on whether procuring temporary generation is an appropriate tool to use and how demand response can support security of supply. Further discussion on whether the current Capacity Market is in fact working is crucially needed at this stage, especially how to incentivise that demand response. Cornwall Insight Ireland

In a recent article, CBRE argues that the surge in electricity demand across UK cities presents a compelling case for investment in rooftop solar infrastructure. With electricity demand expected to double by 2050, CBRE highlights the need for rapid scaling of renewable energy generation to support the nation's transition to net zero. They suggest that capitalising on unused roof space for solar energy production would enable real estate to significantly contribute to meeting this growing demand while securing low-carbon electricity. Learn more here: https://bit.ly/3WMmTuR #RooftopSolar #ElectricityDemand #Infrastructure #RenewableEnergy

NSTAR Electric Company, now operating as Eversource Energy, has filed new basic service rates for Western Massachusetts (WMA), effective January 1, 2024.   Here’s what you need to know: ➢   Small Commercial & Industrial Rates (Jan-Jun 2024): For small businesses, the filed fixed basic service rate for the same period is 16.258¢/kWh, which is about 5% higher than the current rate of 15.513¢/kWh. ➢   Environmental Adders: These rates include various environmental adders like the Renewable Portfolio Standard, Alternative Energy Portfolio Standard, Clean Energy Standard, and Clean Peak Standard adders. These adders are subject to future approval and may change.   Read more: https://lnkd.in/gSF9XANb   Stay up to date on energy industry news affecting your market and sign up to be an Albireo Energy broker today: https://lnkd.in/gBV3JjD4 #CleanEnergy #Sustainability #EnergySales #EnergyBroker #GreenEnergy #SustainableEnergy #MassachusettsEnergy