Last year, the Illinois Commerce Commission (ICC) launched NextGrid, a collaboration between key stakeholders to create a shared base of information on electric utility industry issues and opportunities around grid modernization. NextGrid is the Illinois Utility of the Future Study, which is being managed by the University of Illinois and consists of seven working groups comprised of subject matter experts, utilities, business interests, and environmental organizations. The Union of Concerned Scientists is a member of two of these working groups.
August 10, 2018 10:33 AM EDT
You may have heard that Apple just passed the $1 trillion mark in terms of its market capitalization, the first company ever to reach those lofty heights. Less ink has been spilled on a different 1 trillion figure, but it’s one that’s well worth noting, too. According to Bloomberg NEF (BNEF), we just shot past the headline-worthy figure of 1 trillion watts (that is, 1 million megawatts, or 1,000 gigawatts) of wind turbines and solar panels worldwide. And you can bet there’ll be another trillion watts right behind.
July 27, 2018 1:12 PM EDT
Imagine if the US had these three things: access to unlimited electricity from clean sources everywhere in the country, an electricity grid impervious to outages and electricity prices that were even cheaper than they are today. These aspirations can become reality with advancements in energy storage.
This technology was developed right here in the good ole’ US of A, but unfortunately, the US is now falling behind other countries in this increasingly lucrative global market, and our outdated electric grid is growing more vulnerable to increasing threats like cyber-attacks and extreme weather. So how do we regain our leadership in this critical technology, and how can we increase the development and deployment of energy storage here at home? The answer is innovation.
July 23, 2018 1:39 PM EDT
Massachusetts is at a pivotal point in its lawmaking trajectory and its clean energy path. With just one week remaining in this legislative session, where we head on clean energy is up to a polydactyl handful of lawmakers tasked with coming up with shared language in the next few days for a bill that takes the state to the next level on climate and energy. The good news is that there’s just one thing we need to see in what they come up with.
July 20, 2018 9:43 AM EDT
More indications that there is no national reason for a proposed financial rescue of coal plants came out this week. Power grid operator PJM says there is no emergency; a leading coal industry representative says we don’t have any measure or understanding of what is gained in terms of reliability; and financial estimates are reported at $17 – 35 billion per year.