Will Evans’ Post

PG&E's rate hike significantly increased electricity costs for California businesses with peak demand charge - climbing as much as 83% for ag customers and 46% for commercial. Summers now mean higher energy costs and more outages. 💪 Proactively managing energy spend and securing reliable supply is crucial. View our CA rates overview to see how your bills could look this summer. 👨💻 VECKTA's platform identifies the right onsite energy system for the right sites in your portfolio and the right vendor to install it. https://lnkd.in/eJNGYyU5 #electricityrates #energytransition #energyrates #energyusers #onsitenergy #energyresilience

Are you doing business in Northern California and wandering why your rates have and will continue to escalate? Check out the document below that provides insights. You have options, explore how you can take control of your energy future, reduce costs and grow profit margins! #business #operations #energy #profits #California #Utility #Rates

570%–this is the expected energy cost increase for consumers in the PJM region. Why such a severe jump? We’re currently in a time with an imbalance between growing demand (data centers, and electrification) and shrinking supply, largely due to the retirement of dispatchable generation. Unfortunately, with thousands of megawatts set to retire by 2030, grid reliability and reasonable cost concerns are not going anywhere. In better news, #solarenergy offers a path forward. When paired with #batterystorage, solar can reduce strain during peak demand and provide dispatchable power. While Sunnova Energy is proud to be part of this solution, collaboration between fossil fuels and renewables will be essential to prioritize private investment in reducing the strain on homeowners. What do you see as the path forward to address these pressing grid challenges? More from Utility Dive.

MIRROR, MIRROR, ON THE WALL, WHO'S THE MOST FIXATED OF THEM ALL? I don’t get it. There’s a stampede underway in the electric utility industry to raise fixed charges, from coast to coast. Ostensibly, this is being done to accelerate electrification and promote equity, both very desirable goals to have. But will it? Show me the empirical evidence. The national median for monthly fixed charges across 170+ investor owned utilities today is $12. Not content with having a fixed charge that is more than a third higher than the national median, it now wants a number that would be almost 4X of the national median. NV Energy proposes to increase its basic service charge on a monthly residential customer bill from $16.50 to $45.30. I have always supported including a fixed charge in rate design to cover the cost of metering, billing and customer care. But NV Energy's proposal goes way past that. In this opinion piece, Jon Wellinghoff provides a trenchant critique of this proposal. He is a towering figure in the world of regulation and a forward thinker when it comes to innovation. He needs no introduction. I have had the privilege of knowing him since the late eighties. I have learned a ton from Jon, even when we have had a difference of opinion. And who does not have a difference of opinion somewhere in life with someone else? Sometimes I have had a difference of opinion with my best friends and close family members. Heck, sometimes even with myself. #nvenergy #fixedcharges #electricity #ratedesign #electrification #affordability

💡🌍 As energy prices rise, the stakes are even higher for enterprise-level organizations managing large facilities or multi-site operations. NexRev specializes in advanced energy management solutions designed to optimize efficiency, reduce costs, and support sustainability goals at scale. 🔑 Ready to unlock smarter energy savings? Let’s connect! #EnergyEfficiency #EnterpriseSolutions #Sustainability #CostSavings #NexRev

📈 Unexpected energy increases are tough to spot, and can make utility bills skyrocket. 🔔 Learn how Gridium's new demand alerts feature helps flag unexpected and unintended energy spikes—so you can stay focused on bigger priorities. Stop Energy Surprises: How Gridium's Demand Alerts Save You Time and Money - Gridium https://hubs.la/Q02BLGbl0

This is a good fact sheet on Thermal Energy Storage in Commercial buildings published by the U.S Dept of Energy. It's an easy read. It explains why this technology is so useful in controlling demand and lowering costs. #thermalstorage https://lnkd.in/g-5NhcBK

How will Energy costs affect your business into the future? In MN we've already faced fairly consistent rate hikes. We can help! Solar helps make your future bills lower and more predictable.

While LCOE has been the go-to metric for years, LVOE offers a more comprehensive look at the value electricity provides to the grid. The new approach could guide smarter, more sustainable decisions for power companies. What are your thoughts on adopting LVOE as the standard metric? #EnergyInvestments #LVOE #LCOE #PowerSector #GridValue 🔗 Read more here: https://lnkd.in/d4ceUsn3

“Surge in battery storage capacity changing dynamics of the grid” “Torrens Island big battery. Photo: AGL” Giles Parkinson - Apr 23, 2024 “It may not yet be as spectacular as we are seeing in the #grid in California, but the impact of the dramatic rise in #batterystorage capacity in Australia’s biggest #grids is likely to be just as profound.” “It has been well chronicled over the past year or so that the one strong part of Australia’s #greenenergytransition – apart from the race to embrace #rooftopsolar – has been the progress on battery storage. There are now about 15 #bigbatteries operating in Australia, another three working through the commissioning process (Capital, Tailem Bend and Chinchilla), and at least another 20 under construction, and dozens more in the pipeline hoping to tap into the federal government’s Capacity Investment Scheme.” “It is widely thought that battery storage – because it is easily installed, modular, fast and flexible and can deliver multiple different services, including inertia and system strength – will be the technology that delivers the final blows to fossil fuels in the grid, initially to coal and finally to gas.” “In terms of overall generation, according to the market operator’s latest Quarterly Energy Dynamics report, battery storage remains a mere speck on the charts, accounting for just 0.2 per cent of the total supply into the country’s main grid in the March quarter.” “But at the same time, battery storage has seized control of 57 per cent of the 10 markets that make up #frequencycontrol (up from 38 per cent a year ago), totally dominates the new very fast frequency control market, and is moving into the inertia market too.” “Battery storage is also making its presence felt in the morning and evening peaks, with an average output of 217 MW during the first quarter, and is now setting the wholesale spot price of electricity six per cent of the time, and 10 per cent in South Australia, where it has the greatest influence and penetration.” https://lnkd.in/e7wx_Xt8? Source- original post Read all my posts #MariusPreston