That’s a 27-fold increase over today’s fleet, and the expansion of charging infrastructure will be nearly as dramatic. There were just over 2,000 electric trucks on U.S. roads at the end of 2019. This stock is expected to grow to over 54,000 by 2025, according to a new analysis from Wood Mackenzie. Compared to passenger […]
The State of Power Market Evolution in Europe
The electricity sector has been a cornerstone of the energy transition. But with the pace of change increasing, are power markets helping or hindering? Centralized markets with prices set by the cost of marginal dispatch, most often from fossil-fuel generation, are the bedrock of most major power systems. However, market arrangements are not static. They […]
WoodMac: Workplace EV Charging Is on the Rise
New research finds significant growth potential in the North American and European workplace EV charging markets. There were nearly 5 million light-duty electric vehicles on the road as of the end of 2018 — roughly 50 percent more than the year before. Wood Mackenzie now expects the global EV stock to surpass 37 million by […]
WoodMac: Smart Meter Installations to Surge Globally Over Next 5 Years
The rise of advanced metering infrastructure is granting utilities and customers unprecedented insight into power consumption. The total number of smart meters around the world is expected to almost double over 2017 levels by 2024, opening up new opportunities for customer-side control and analytics. The global smart meter total will rise from 665.1 million in […]
How Solar and Batteries Could Help California Manage Fire-Prevention Grid Shutdowns
Sunrun wants solar-battery microgrids to be part of PG&E’s plan to mitigate what could be widespread blackouts geared to prevent fires. As Pacific Gas & Electric and California regulators grapple with how to manage the potential for widespread fire-prevention grid shutdowns this summer, clean energy advocates are demanding a role for solar, energy storage and […]
Sonnen Raises $71M and Kicks Off a Strategic Partnership With Shell
A big round to grow solar-storage market share in the U.S. and Australia and the latest partnership between a grid edge startup and a European energy giant. Sonnen, the German startup taking on Tesla and others in the nascent behind-the-meter energy storage market, has raised €60 million ($71 million) to grow in the U.S. and […]