Solar & Storage Live’s Post

Check out the analysis Michael Levy and Baringa’s US Networks strategy team have done on VPPs. Tightening markets for dispatchable power capacity and a better awareness of the true costs of matching “cheap” renewables with customers ACTUAL demand needs are forcing a rethink of the role of customers (and their electrical equipment) in their own economic outcomes. In our view, investor owned utilities have been slower to explore the potential of VPPs. Why? Because it reduces both their potential to invest capital in new generation capacity, but also in their case for upgrading networks to serve peaks driven by greater electrification. Properly designed VPPs are an attractive alternative to address both needs. Public power, in contrast to investor owned utilities, has less of a “capital bias” and can assess the best resource to fill the need independent of capital structure. But they still need to make prudent investments that yield customer value. Against that backdrop, VPPs are starting to look like a no-brainer.

$13.5B by 2030 Baringa's research estimated the virtual power plant (VPP) addressable market for the top 150 public power utilities (>$85M in annual revenue) will grow from $3.4B to $13.5B by 2030! #virtualpowerplants are an integrated network of distributed energy resources that can be remotely controlled via an aggregator to act as a unified power source. The best part? In many cases customers are already buying VPP-capable assets such as heat pumps, smart thermostats, smart water heaters, solar+storage, and EVs. As a result, the cost to unlock this exceptionally cheap new capacity scales like software, making each additional MW of capacity substantially cheaper and preserving future optionally against forecasted demand. Investors such as the DOE Loan Programs Office recognize VPP potential, recently issuing a $3B loan to fund 100k customer's solar & storage VPP-enabled assets. So the big question is, if you act now how big will your slice of the pie be? #vpp #publicpower #energy #utilities

Solar and energy storage technology firm Sol-Ark has chosen Enteligent’s NMax Rapid Shutdown with Optimization platform for its direct-current (#dc ) module-level power electronics (#MLPE) product line - a decision that positions Sol-Ark to support solar panel installers with the most comprehensive product on the market and gives their customers more options at an affordable price point. By combining the important safety role of an RSD with additional features around energy optimization and data monitoring, this device serves as a holistic solution for the core needs of Sol-Ark’s customers. Sol-Ark’s testing indicates that the 0900-80V module, powered by Enteligent, provides between 25% and 38% more power during shady conditions compared to competitors’ #RSD products. Learn more about why Sol-Ark selected Enteligent's solar MLPE in our latest press release - https://rb.gy/vgexh. #solaroptimization #DCMLPE #poweredbyEnteligent #NMax #energyefficiency

Today, rooftop PV systems are reshaping the energy landscape, offering consumers the power to generate, consume, and even sell electricity back to the grid. However, this newfound freedom comes with challenges for utility companies — voltage fluctuations, power reversals, and strain on aging infrastructure. Traditionally, resolving these issues meant costly replacements of transformers and power devices, a Band-Aid solution at best. What's needed is an evolution of the grid, seamlessly integrating clean energy transitions. The solution is on the surface. Instead of competing in the race for centralized energy storage, we've pioneered a decentralized approach. Our solution seamlessly tackles the challenges of grid-connected PV systems on the low-voltage, offering efficiency and reliability without breaking the bank. Ready to join the evolution of clean energy grids? Book your time now via the link in the comments and discover how we're revolutionizing the way we power our world. 🌞⚡️ #CleanEnergy #Renewables #Innovation

Solar can reduce your power bills and increase your cash flow! Solar enables huge savings on utility costs and provides power to essential business functions, from running computer servers, and large electronics, through to lighting, refrigeration and heating. With the right solar system, businesses can shift what they would once spend on energy bills into other areas of the business that need it most. Solar power fixes power costs for 20-25 years at a low, very slowly-appreciating rate. The more you pay per kilowatt of energy now, the more you can expect a cash-neutral result with solar. With leasing and finance options you could even be immediately cash-positive. ☎️ 0800 8SOLAR ✉️ admin@worldsolar.co.nz #WorldSolarNZ #Solar #SolarPower #GreenEnergy #OffTheGrid #solarpanels #renewableenergy #greenliving

Photovoltaic installers expect the installation of charging stations to become increasingly important in their field of business In a recent survey conducted by EUPD Research, professionals in the charging infrastructure sector provided insights into the latest market developments, brand preferences, technological advancements, and general industry trends. This integration is pivotal, as a majority of installers currently implementing #wallbox solutions also offer #PV systems. This strategy underscores the critical nature of combining these key components within the framework of the #energytransition. The alignment of #chargingstations with #solar systems is essential to maximize cost benefits for end consumers, a reflection of the thoughtful and strategic approach within the industry. The economic impact of this trend is evident, with 10% of the revenue of surveyed solar #installers already being attributed to charging station installations. Remarkably, this group anticipates a substantial increase, expecting revenue shares to rise to an average of 15% by 2024. Find out more about BEVs and charging infrastructure from our experts Leo Ganz and Finn Bee, or in our "EV CHARGING STATIONS MONITOR" at: https://lnkd.in/erAK8rhF

Solar can reduce your power bills and increase your cash flow. Solar enables huge savings on utility costs and provides power to essential business functions, from running computer servers, and large electronics, through to lighting, refrigeration and heating. With the right solar system, businesses can shift what they would once spend on energy bills into other areas of the business that need it most. Solar power fixes power costs for 20-25 years at a low, very slowly-appreciating rate. The more you pay per kilowatt of energy now, the more you can expect a cash-neutral result with solar. With leasing and finance options you could even be immediately cash-positive. ☎️ 0800 8SOLAR ✉️ admin@worldsolar.co.nz #WorldSolarNZ #Solar #SolarPower #GreenEnergy #OffTheGrid #solarpanels #renewableenergy #greenliving

💡Solar lanterns are the product category with the most notable impact on improving quality of life. 94% of users report overall enhancements, and 64% attest to significant enhancements in their quality of life due to the lighting. ⁠ Consumers highlighted key advantages, including reduced energy expenses, increased activities after dusk, and improved educational opportunities. This underscores that solar lanterns are not merely sources of light; they are instruments for socioeconomic progress.⁠ To read the report from 60-Decibels: https://lnkd.in/g_piKKue @60_decibels⁠ #genderequity #data #offgridenergy #solar #energyaccess

We are seeing a surge in Consumer Energy Resources (CERs) such as rooftop solar, batteries, Electric Vehicles (EVs) and more: 📈 Rooftop solar now accounts for 11.2% of Australia's electricity supply. This adds up to almost 20 gigawatts and forecasts are showing that this number will triple by 2054. 📈 57,000 residential batteries were installed in 2023, with storage capacity of over 650MWh - A new record for the Australian market. 📈 New EV purchases in Australia has been almost doubling every year since 2020, with the total number of EVs on the road now exceeding 180,000. Demand is outpacing capacity and will continue to rise, putting a strain on our Low Voltage (LV) networks. DNSPs will need clear, real-time insights of what's happening across the grid, making network visibility more important than ever before. Data such as available capacity, power quality and environmental impacts are essential for directing network optimisation decisions and making infrastructure investments. Find out how VisNet Hub can help achieve full LV network visibility. Trials are now available. If interested, please get in touch: https://lnkd.in/g3Pvqjd5 #netzero #networkvisibility #solar #electricvehicles #lowvoltage

I am looking forward to today's Ask Mayfield Anything - Matching C&I Products to Projects. Ryan Mayfield will be joined by executive leaders from Socomec Group, ESS, Inc. and Yotta Energy to discuss the best approaches for matching the right Energy Storage System (ESS) product to the specific needs of different projects. Technological advancements in solar panels, energy storage and grid management tools are moving the industry forward - this is where hardware, software and the user experience are interconnecting, no pun intended. 🤓 BESS solutions are becoming more advanced, scalable and cost-effective. The C&I market affords significant opportunity but is highly segmented. Recently--#REPlus23 to date--I am having numerous conversations with battery manufacturers who are trying to figure out product-market fit for their products and solutions. It is a dense topic for sure. 😉 You can register for today's AMA through this link below.👇 https://lnkd.in/gNjna36T #renewableenergy #energystoragesystems #evmobility #consulting #agencylife