MANAGEMENT S DISCUSSION AND ANALYSIS FOR THE YEAR ENDED DECEMBER 31, 2022 This Management s Discussion and Analysis for Eguana Technologies. | May 1, 2023
New Jersey Natural Gas Submits Annual BGSS and CIP Filing to the New Jersey Board of Public Utilities streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Published: 26 Apr 2021, 08:20
By:
Image: Con Edison via Twitter.
To reduce strain on the grid as renewable power and demand both grow, two New York utility companies have awarded contracts for flexible demand management to commercial and industrial (C&I) energy management specialist CPower.
CPower announced last week that Con Edison and National Grid subsidiary Niagra Mohawk Power Corporation have selected the company among providers of Dynamic Load Management (DLM) to their networks: peak shaving to reduce businesses’ use of electricity at times when it is most in demand. Battery storage, charged with power from renewable energy or from the grid at off-peak times of lower demand, can be used to reduce businesses draw from the grid at peak times and already the ability to use this peak shaving to lower Demand Charges, levied on commercial users of electricity in the US, offers a way to lower electricity costs significantly.
Cathy Zoi, CEO of EVgo, pays a lot of attention to the economics of public electric vehicle charging, both in terms of the widely varying upfront costs from location to location, and the long-term calculations that go into making sure their revenue exceeds their costs over their lifetime.
“We have a first-mover advantage, but we also have a first-learner advantage,” she said, with data collected from about 1,500 fast chargers across 800 locations to date. That s allowed the decade-old EV charging provider to develop “proprietary utilization forecasting tools” aimed at ensuring that the early years of a fast-charging site, when relatively few EVs are on the roads to use it, can eventually be made up by the end of its life as EVs proliferate in its region. “That’s some of our secret sauce.”