Bloomberg is offering two new alerts for companies who will be most affected by the Environmental Protection Agency (EPA)’s Clean Power Plan Proposal that is anticipated to lower carbon pollution by 30 percent by 2030. The two alerts include: BGOV First Word: EPA Power Plant Rule (designed to capture breaking news) and Energy: EPA Power Plant Rule (designed to track the issue). In addition, Bloomberg will host a webinar on June 4, 2014 “Analyzing EPA’s New GHG Rules for Power Plants,” to discuss the impact it will have on business.
SolarEdge Technologies is unveiling an expanded product portfolio. On display for the first time during Intersolar Europe in Munich, the company will showcase its smart energy management solution which reduces electricity costs by maximizing self-consumption. As part of its smart energy management solution, SolarEdge is launching a Feed-in Limitation feature that is integrated into the company’s inverter firmware. This feature dynamically adjusts PV power production, ensuring that power output to the grid does not exceed the pre-set limit, thus enabling larger installations and increasing the potential of PV self-consumption.
Intersolar Europe is taking place in Munich June 4-6, 2014 and according to Germany Trade & Invest (GTAI), German solar photovoltaic generation peaked at around 15 GW on May 11, 2014 – a record high that caused prices to sink briefly into the negative. Tobias Rothacher, renewable energies manager at GTAI, noted that balancing supply with demand in the grid presents operators with a significant challenge and leads to market price fluctuations. That is where storage solutions come into play, he notes and said storage will be a major topic at this year’s event.
Reshaping the European energy system could reduce energy expenditure by a range of €27 billion to €81 billion a year by 2030, according to a new study, “Forging a joint commitment to sustainable and cost-efficient energy transition in Europe,” carried out by Accenture for EURELECTRIC. The study shows that European expenditure on electricity and gas, the product of prices and the volumes consumed, has surged by more than 18 percent in recent years, from €450 billion in 2008 to €532 billion in 2012, with electricity accounting for most of this increase. Rising prices were almost solely responsible for the jump, driven largely by charges for renewables support, while the volumes consumed remained largely stable. Without a concerted effort by the industry, policymakers and consumers to more effectively manage the energy system, total energy expenditure could be 50 percent higher by 2030.