Antinuclear

Australian news, and some related international items

New York’s revolutionary moves towards renewable energy grid

How New York Is Building the Renewable Energy Grid of the Future, This is a story of ripping up old incentives that encouraged selling as much electricity as possible, then unleashing the entrepreneurs. BY LESLIE KAUFMAN, INSIDE CLIMATE NEWS MAY 25, 2017 New York State is making a $5 billion bet that by making its power cleaner, it can become a magnet for the clean energy jobs of the future.

Its efforts stand out among the many states racing to integrate more renewables into their power grids—such as Massachusetts, Hawaii and California—not necessarily for the technology but because of what’s happening behind the scenes: New York has launched a Herculean effort to turn around an antiquated system that has deterred innovation for generations by rewarding utilities for selling more electricity.

To get utilities to embrace a changing electricity system, the state is establishing ways for the companies to be reimbursed for some of the savings from energy efficiency programs that are reducing demand for their services. It also is allowing them to reap more return on their investments in equipment needed to bring more renewable energy into the grid. And it is investing in entrepreneurs who are inventing the technology to make it all work.

The state is so gung-ho that its rules require utilities to come up with demonstration projects that test out a new business model, in partnership with at least one private sector company.

The result, say the state’s regulators, is that New York is already attracting hundreds of innovative companies of all stripes. The plum opportunities are not only in installing wind turbines and solar panels, which are generating new employment opportunities across the country, they are also in emerging technologies related to smart grid management and storage. These jobs are largely invisible to the public and, in some cases, didn’t even exist a few years ago……..

Incubating Clean Energy Innovation

Three years ago, New York announced that it would spend $5.3 billion toward meeting its goal of having 50 percent of its electricity come from renewable sources by 2030. (The state only had 24 percent renewable generation in state this year.) Mandates related to these standards have resulted in significant additions of wind and solar to the grid—but that is just the most readily visible part of the changes New York is undergoing.

According to Richard Kauffman, the state’s chairman of energy and finance, it didn’t take long to figure out that “New York cannot cost effectively make this transition just by bolting wind and solar onto the grid of Westinghouse and Tesla,” referring to two of the original creators of the grid, George Westinghouse and Nicola Tesla. Instead, New York wants a new “hybrid grid” that integrates intermittent and distributed resources like wind or solar or microgrids……… https://insideclimatenews.org/news/24052017/new-york-renewable-energy-electrical-grid-solar-wind-energy-coal-natural-gas

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May 26, 2017 - Posted by | Uncategorized

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