UtilityDive reporting that utilities are starting to consider climate resilience as part of their planning. "APS, Duke, other utilities pursue new climate resilience strategies as some await upcoming tools APS and Duke, along with PacifiCorp, Central Hudson Gas & Electric and Puget Sound Energy, see different paths to reach resilience planning’s potential while awaiting EPRI metrics. The U.S. has experienced 24 events so far in 2024 “with losses exceeding $1 billion each,” and billion-dollar events have impacted all 50 states in the last decade, the National Oceanic and Atmospheric Administration reported. There were 20.4 events per year from 2019 to 2023, but that jumped to 28 events in 2023 that cost $95.1 billion, NOAA added. “The utility industry is shifting from responding to an individual event to mapping vulnerability to financial risk and quantifying benefits of potential investments on four pillars,” said Aditya Ranade, GuideHouse director of energy, sustainability, infrastructure. “The first of the four pillars is hazard mapping,” which identifies types of threats, from flooding to wildfires." Read more at https://conta.cc/3C35zJJ #solar #energy #solarenergy #renewables #renewableenergy #electricity #energystorage #ESS #distributedenergy #solarpower #batteries #EVCha
Enerlogics Networks, Inc.’s Post
More Relevant Posts
-
UtilityDive reporting that utilities are starting to consider climate resilience as part of their planning. "APS, Duke, other utilities pursue new climate resilience strategies as some await upcoming tools APS and Duke, along with PacifiCorp, Central Hudson Gas & Electric and Puget Sound Energy, see different paths to reach resilience planning’s potential while awaiting EPRI metrics. The U.S. has experienced 24 events so far in 2024 “with losses exceeding $1 billion each,” and billion-dollar events have impacted all 50 states in the last decade, the National Oceanic and Atmospheric Administration reported. There were 20.4 events per year from 2019 to 2023, but that jumped to 28 events in 2023 that cost $95.1 billion, NOAA added. “The utility industry is shifting from responding to an individual event to mapping vulnerability to financial risk and quantifying benefits of potential investments on four pillars,” said Aditya Ranade, GuideHouse director of energy, sustainability, infrastructure. “The first of the four pillars is hazard mapping,” which identifies types of threats, from flooding to wildfires." Read more at https://conta.cc/3C35zJJ #solar #energy #solarenergy #renewables #renewableenergy #electricity #energystorage #ESS #distributedenergy #solarpower #batteries #EVCha
To view or add a comment, sign in
-
-
Will Rate Cases Cause National Grid to Finally Grow A Pair? https://lnkd.in/eJKBFVdB #Grid #Electric #NationalGrid #NewYork #Electrification #ClimateAct #Hochul
To view or add a comment, sign in
-
Check out this Utility Dive article discussing EPRI’s collaboration with ISO New England Inc. to develop a probabilistic resource adequacy tool to proactively assess extreme weather energy risk. The framework was developed in conjunction with the EPRI Resource Adequacy (https://lnkd.in/g5axJRXG) and Climate READi initiatives (https://lnkd.in/gUhwd3Fe). The framework and tool provide critical capabilities for proactively planning for a reliable future power system. If you want to know more, please comment below. https://lnkd.in/gue3eCyb
New early warning system will mitigate energy shortfall risks in New England
utilitydive.com
To view or add a comment, sign in
-
Peak Demand, Climate Extremes, and the Case for Hydrogen Backup Power December 6, 2024 0 By Frankie Wallace Exploring Hydrogen’s Role in Meeting U.S. Electrification Challenges The continued electrification of energy use across U.S. homes and industries marks a notable shift towards renewable energy and reducing carbon emissions. Electrification is essential in the national strategy to transition away from fossil fuels, with buildings alone accounting for 35% of the country’s carbon emissions. Yet, as more Americans adopt electric vehicles and heating systems, energy demands are soaring, threatening to overwhelm the power grid, particularly during extreme weather conditions. This challenge highlights the need for a complementary energy source like clean hydrogen to ensure reliable and sustainable energy solutions. The Strain of Electrification on the Grid Heating and cooling demand during severe weather pose significant challenges for the current grid. For the coldest regions, such as Maine or Montana, providing sufficient heating on frigid days could require quadrupling the grid’s capacity. Across the country, rising climate extremes and erratic weather patterns are exacerbating periods of peak demand, leaving many utilities underprepared to adapt quickly. Equally concerning is the issue of cost. Expanding grid infrastructure using only renewable sources like solar and wind involves major financial investments. While effective during standard conditions, these systems often struggle to produce sufficient energy during extreme peaks, necessitating costly energy storage options. For example, a winter storm last year caused power demand in the Tennessee Valley Authority area to reach unprecedented levels, pushing electricity costs significantly higher. According to Alexis Abramson—dean of the Thayer School of Engineering at Dartmouth, former chief scientist at the Department of Energy’s Building Technologies Office, and incoming dean-elect of the Columbia Climate School—in her recent article published on Time.com, the limitations of today’s grid make it clear that electrification alone cannot address all energy needs during peak periods. To ensure reliable energy access, particularly during extreme weather events, a complementary technology is essential. Clean hydrogen emerges as a promising contender, offering potential solutions to support the grid when demand soars. https://lnkd.in/d-jyzzUi
To view or add a comment, sign in
-
-
US Power Demand Surge Spurs 133 New Gas Plants Amid Climate Targets. Learn more about growing power demands and climate goals in the US >> https://lnkd.in/gzf8ipV3 US utilities and investors plan to add 133 new natural gas-fired power plants to the nation's grid. #climatetargets #powerdemand #datacenters #carbonpricing #carbonscapture #carbonoffsets #carboncredits #carbonmarkets #carbonnews #carbonprices #climatechange #cleanenergy #decarbonization #energytransition #esg #greenhydrogen #netzero
US Power Demand Surge Spurs 133 New Gas Plants Amid Climate Targets
carboncredits.com
To view or add a comment, sign in
-
US Power Demand Surge Spurs 133 New Gas Plants Amid Climate Targets. Learn more about growing power demands and climate goals in the US >> https://lnkd.in/g4cvr4cy US utilities and investors plan to add 133 new natural gas-fired power plants to the nation's grid. #climatetargets #powerdemand #datacenters #carbonpricing #carbonscapture #carbonoffsets #carboncredits #carbonmarkets #carbonnews #carbonprices #climatechange #cleanenergy #decarbonization #energytransition #esg #greenhydrogen #netzero
US Power Demand Surge Spurs 133 New Gas Plants Amid Climate Targets
carboncredits.com
To view or add a comment, sign in
-
There are significant challenges ahead for grid resilience. Redundancy is key to resilience, making "Behind the Meter" Solutions increasingly popular. #GridResilience #EnergySolutions #MicroGrids #CommunitySolar #BowersoxInnovationGroup
Enhancing U.S. Power Grid Resilience Against Climate Change
https://www.environmentenergyleader.com
To view or add a comment, sign in
-
💬 Did you know the number of mini-grid installations has grown six times since 2018? ⚡ Mini-grid projects are now more financially viable than ever due to the declining costs of critical components like PV modules, inverters, batteries, and smart meters. 📖 Find out more about the unprecedented growth of #minigrids and their role in providing #renewableenergy and fighting climate change: https://t.ly/KwUfN #SDG7
To view or add a comment, sign in
-
-
🚨 The State of the Global Mini-Grids Market Report 2024 is out now! Some key findings include: ☀️The number of minigrid installations has grown six times since 2018. ☀️Declining costs have enhanced the financial viability of mini-grid projects. ☀️Cost recovery tarrifs have become common in minigrid markets. Read the full report. 👉 https://lnkd.in/dgxsVaZ3 #MingridsForAfrica Sustainable Energy for All (SEforALL) Transforming Energy Access Mini-Grids Partnership
💬 Did you know the number of mini-grid installations has grown six times since 2018? ⚡ Mini-grid projects are now more financially viable than ever due to the declining costs of critical components like PV modules, inverters, batteries, and smart meters. 📖 Find out more about the unprecedented growth of #minigrids and their role in providing #renewableenergy and fighting climate change: https://t.ly/KwUfN #SDG7
To view or add a comment, sign in
-
-
🌬️ Navigating the Winds of Change: Offshore Wind Energy and #Climate Resilience 🌍 The promise of offshore wind energy as a cornerstone of the clean energy transition is undeniable. However, the increasing vulnerability of this resource to tropical cyclones, particularly along the U.S. Atlantic and Gulf Coasts, underscores the urgent need for climate-informed risk management strategies. Recent research highlights that #climatechange is intensifying these risks. Projections suggest that storms historically occurring every 20 years may now occur every ~12.7 years, with a significant increase in storm intensity. This has profound implications for offshore wind farms, with turbine damage probabilities rising sharply—yielding and buckling risks increasing by 37% and 13%, respectively, and up to 51% in certain regions. As someone who has long advocated for climate resilience in the energy sector, I firmly believe that integrating scientific insights into #renewableenergy planning is critical. Through the World Meteorological Organization, we provide essential data and tools for assessing renewable energy potential and building energy resilience. This work equips decision-makers with the knowledge to address challenges like those posed by intensifying tropical cyclones. The path forward demands a coordinated effort between governments, industry, and the scientific community to ensure offshore wind energy not only thrives but remains a robust pillar of the #cleanenergy transition. Together, we can design and implement solutions that mitigate risks and maximize opportunities in the face of a non-stationary climate. Read the article here 👇 https://lnkd.in/evpvuSpq
To view or add a comment, sign in
-