A collective “wow” echoed throughout the energy efficiency industry this week when Google announced its purchase of thermostat maker Nest for a smashing $3.2 billion. It is the first marquee deal to emerge since tech ventures began grasping for the new prize in energy: the home efficiency market. The game has been to figure out how to get enough … [Read more...]
ABB’s Bob Fesmire explains how energy storage is becoming more refined, and acting as an enabler for microgrids.
Microgrids are small groupings of interconnected power generation and control technologies that can operate within or independent of a central grid, mitigating disturbances and increasing system reliability. By enabling the integration of distributed resources such as wind and solar, these systems can be more flexible than traditional grids. This market presents a new and important opportunity for end users, generators, and planners to provide increased efficiency and resiliency in the evolving grid.
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