LG Chem plans to spin off its battery business to stand-alone company

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Sunnova installed this LG Chem system in Puerto Rico. LG Chem plans to move its battery business into a new corporation: LG Energy Solution. The decision was announced at a Sept. 17 board meeting. LG Chem expects to receive approval at a Oct. 30 stockholders meeting with LG Energy Solution officially taking charge of the … Read more

DNV GL partners with WattTime to give renewable energy users insight into emissions data

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DNV GL and WattTime jointly announced a strategic partnership to incorporate WattTime’s emissions intelligence into DNV GL’s energy management and digital services expertise for renewables, storage and efficiency. By combining data on Greenhouse Gas (GHG) emissions with energy efficiency, battery charging and discharging, demand response, and renewables, DNV GL’s utility, regulatory and renewable and storage … Read more

New FERC order allows aggregated distributed energy resources to participate in wholesale markets

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Today, national business group Advanced Energy Economy applauded approval by the Federal Energy Regulatory Commission (FERC) of a long-awaited rule (FERC Order No. 2222) directing Regional Transmission Organizations (RTOs) and Independent System Operators (ISOs) to open their markets to participation by distributed energy resources (DERs). The vote was 2-1, with Commissioner Danly dissenting. Today @FERC … Read more

what our network will look like in the future

The way we use and consume electricity has experienced a dramatic change in the last decade, and there have been many teething pains along the way. For over 100 years, since the commercial distribution of electric power started in 1882 for lighting in homes, we have operated on a centralised system that fed electricity one … Read more