Eight Areas of Electricity Innovation to Watch in 2017
New York, NY -
For the past five years, Rocky Mountain Institute has been convening and supporting the Electricity Innovation Lab (eLab), a unique network of leaders and change agents from across the electricity industry representing a cross-section of the key stakeholders who are shaping the transformation of our electricity system. With utilities, regulators, distributed energy resource companies, energy consumers, advocates, and academic experts collaborating together, eLab really is a laboratory: a place to test new ideas and to explore new solutions.
They surveyed those eLab members about their most exciting opportunities—and their critical challenges—in 2017. Eight key issues emerged.
- Distributed Energy Resource (DER) Valuation and Rate Design
- Electric Vehicles as a Grid Asset
- Alternative Capital Planning
- Utility Business Models in Vertically Integrated States
- Distribution System Operations and Markets
- DER Control Schemes: Coordination or Chaos?
- Customer Engagement
- DERs for Low- and Moderate-Income Customers
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But as freezing winds begin to wane this weekend National Grid will need to use more gas-fired power plants to fill the gap, meaning the cost of generating electricity will surge.
Jamie Stewart, an energy expert at ICIS, said the price for base load power this weekend has already soared…