Explore how “climate-aligned urbanism” can combat urban sprawl and reduce greenhouse gas emissions by 30%. Learn about developing compact, mixed-use cities to cut emissions, lower energy use, and enhance quality of life. Discover strategies to reduce car dependency, minimize embodied carbon, and preserve natural resources.
Shifting $500 billion from energy costs to microgrid investments
Gartner, Inc. forecasts that by 2027, Fortune 500 companies will redirect $500 billion from energy operating expenses to microgrid investments to address energy risks and increased demand. Microgrids are seen as a viable solution for companies to gain better control over their energy supply and costs, offering benefits such as resilience, renewable energy integration, and reduced carbon footprints.
What actions are states taking to turn virtual power plants into reality?
Virtual power plants (VPPs) are gaining traction, highlighting various state initiatives aimed at fostering their growth.
A study indicates that EV chargers attract customers to nearby businesses
A study from MIT highlights the positive impact of electric vehicle (EV) charging stations on local businesses. It demonstrates that businesses near these chargers experience increased sales, making the case for investing in EV infrastructure. The findings suggest that as EV adoption grows, so too could the economic ecosystem surrounding them.
Optimizing Microgrid Load Fluctuations through Dynamic Pricing and Electric Vehicle Flexibility
The paper addresses the challenges of managing electric vehicle (EV) charging within modern power systems that rely on a single-time-of-use electricity pricing model. It proposes a novel approach that combines time-of-use pricing with the flexible energy storage capabilities of EVs to optimize charging and discharging plans. The strategy aims to reduce fluctuations in microgrid load and enhance grid stability while also considering carbon pricing.
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