This electricity sector strategy could save wallets and ecosystems

| February 27, 2020

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Electricity is a unique kind of commodity— although it is not perishable, it is (still) hard to store on a large scale. Electricity must be generated relatively close to where it is demanded and at the time it is demanded. Therefore, operators must constantly keep an eye on the use of electricity. When demand is high, operators will signal the generators to increase their output; if less, generators get the instruction to generate less electricity. Roughly, this is how the grid works. The devil is in the details: the flexibility of power plants is unique to its type. Nuclear and coal power plants take the longest to start up and shut down, followed by oil/diesel power plants.

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ACCIONA

Leaders in infrastructure (construction, water treatment, etc.) and renewable energy (wind, solar photovoltaic, etc.) from sustainability and innovation. Our offer covers the whole value chain, from design and construction to operation and maintenance. With a presence in more than 30 countries, the Group develops its business activities based on the desire to contribute to economic and social development in the communities in which it operates.

OTHER ARTICLES

What does Covid-19 mean for Renewable Energy?

Article | April 15, 2020

Covid-19. It’s everywhere, and it’s probably the reason that your food cupboards are unusually more stocked than usual, or the fact that you’re likely reading this blog from the confines of your own home, as opposed to at your office or during your daily commute. But, despite the impact to business, economies, daily life and public health, there’s one bittersweet development which we can all take away from the outbreak – and that’s the considerable reduction of global CO2 emissions, and a resurgence of hope that it is fully possible for us to slow the onset of climate change and preserve our planet for future generations.

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Four Ways Toward A New Energy Economy

Article | February 25, 2020

The American Council on Renewable Energy (ACORE) released a report in January 2020 that examines four notable policy approaches identified as having the potential to accelerate the transition to a renewable energy economy and achieving scientifically based reductions in greenhouse gas (GHG) emissions. The report, Advancing America’s Climate Leadership: Policy Options That Most Effectively Put Renewable Energy to Work, discusses specific advantages and limitations of each policy option, individually and in combination. Authored by ACORE’s Greg Wetstone, President and CEO; Bill Parsons, COO; Lesley Hunter, VP of Programs; and Tyler Stoff, Policy Manager, this report offers design recommendations for policymakers to optimize implementation.

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Will the Coronavirus Bring Clouds to this Solar Energy ETF?

Article | April 1, 2020

The capital markets are well aware of the stress and strife that coronavirus is putting on oil prices as the commodity continues to test new lows. One byproduct of the pandemic, however, that might not be getting enough coverage is the cloudy doom and gloom that the virus is bringing to the solar energy space. Solar energy businesses are also feeling the pinch, but not getting the support they desire from the federal government. “As Congress continues to address the ongoing COVID-19 crisis, we appreciate that they are prioritizing relief for families and small businesses,” said President and CEO of the Solar Energy Industries Association Abigail Ross Hopper. “There are several elements in this legislation that can help solar businesses and solar workers, including long-term unemployment insurance, business loans and provisions that support employee retention and other employee protections. We will be working to help our members understand what resources are available to them as a result of this legislation and how they can use those resources to help get through this difficult time.”

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Why Renewable Energy is Important

Article | March 11, 2020

Renewable energy is here to stay. It’s becoming a much larger part of the United States’ total energy production, and it supports a more diverse energy network to give customers control over how their energy is produced. However, the importance behind this relatively new way to produce energy doesn’t stop there. Below are some of the most impactful areas renewable energy supports, specifically our infrastructure, economy, and environment, and how City Electric Supply is expanding into this growing market.

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ACCIONA

Leaders in infrastructure (construction, water treatment, etc.) and renewable energy (wind, solar photovoltaic, etc.) from sustainability and innovation. Our offer covers the whole value chain, from design and construction to operation and maintenance. With a presence in more than 30 countries, the Group develops its business activities based on the desire to contribute to economic and social development in the communities in which it operates.

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