Articles and news about Princeton Power Systems

Latest on the Electric Grid Revolution in California and New York

Revolutions seem to take forever, and then happen overnight. The electric grid revolution is still in the forever stage. But California and New York covered some big ground over the last couple of weeks. The two states are moving toward a decentralized, more democratic, less monopolized electric grid, one where energy markets are open to the … [Read more...]

Moving Microgrids Beyond R&D

Joseph McCabe, of Alt Energy Stocks, explores the value proposition of microgrids at Intersolar North America 2015 in San Francisco. Where is the money in microgrids? My goal at this years Intersolar event was to try and answer this question; to figure out the value proposition of microgrids as they relate to distributed generation, storage, … [Read more...]

How the California Drought Affects Energy Storage and Microgrid Markets

California's water worries prompted the state to require utilities to acquire unprecedented amounts of energy storage. Similar worries could prompt other states to support solar and storage to help ease drought problems. And that will help boost the storage and microgrid markets, says Darren Hammell, co-founder and chief strategy officer for … [Read more...]

US Company Sees Opportunity for Energy Projects in Cuba…Once the Politics Settle

The power flickered off four times in the 2 ½ hours that Darren Hammell waited at Cuba’s Santa Clara airport for his return flight to the United States last month. This departing experience underscored what he had learned on his trip: There is work for U.S. energy companies in the Caribbean's largest island. But how quickly that work … [Read more...]

Another Win for Princeton Power Systems with NYC Energy Storage

Princeton Power Systems has hit it out of the park again with another high visibility project, this time in Manhattan where energy storage will be installed in luxury buildings and then aggregated to bolster the electric grid. The project will use the GTIB-100 bi-directional converters produced by the New Jersey-based company, which designs and … [Read more...]

Illinois Lawmakers Consider $300M for Utility Microgrids

Utility microgrids would get a big boost in Illinois under a smart grid bill introduced into the state legislature and backed by the state’s largest utility, Commonwealth Edison. The bill (HB 3328/SB1879) would let ComEd invest $300 million in six microgrid pilot projects that would serve healthcare, homeland security, transportation and water … [Read more...]

Oh the Irony…Storm Cancels Meeting about How Microgrids Keep the Lights on in Storms

Could it be more ironic? A group in New Jersey, promoting microgrids to ward off outages during storms, had to cancel its January 27 public information meeting. Because of a storm. The good news is that MIDJersey Chamber and the MIDJersey Center for Economic Development plan to reschedule the meeting. Update! The meeting has been rescheduled to … [Read more...]

What Does 2015 Hold for Microgrids?

Microgrids keep the lights on when the central grid fails. That’s been the technology’s selling point. But as we enter 2015, the value proposition may be changing. Industry and government still value grid resiliency. But they also are looking more closely at other microgrid benefits, such as their economics and ability to monetize. “The … [Read more...]

Events that Shaped the Microgrid Industry in 2014

Here’s a look at events that shaped the microgrid industry in 2014, a pivotal year for the growing sector. The timeline is made up of articles from MicrogridKnowledge.com and EnergyEfficiencyMarkets.com. They show microgrids advancing from planning to action; from a prospect to a trending technology. States crafted polices and offered more … [Read more...]

Microgrid-enabling Technologies Market May Reach $155 Billion in Less than a Decade

As demand for microgrids grows, so does the need for microgrid-enabling technologies -- the various systems and components that let the microgrid generate power and store it, supply customers, and connect and disconnect from the grid. These technologies include diesel generators, natural gas generators, fuel cells, solar PV, distributed wind, … [Read more...]