Bob Keough

Recent Posts

Key Capture CEO Joins AEE Board of Directors

Posted by Bob Keough on Mar 9, 2022 4:30:00 PM

Blog-Post_2022-03-08 745

Jeff Bishop, CEO and Co-founder of Key Capture Energy, has been named to the Board of Directors of AEE. Based in Albany, NY, Key Capture Energy is one of America’s largest owner-operators of standalone battery storage projects. The first corporate leader from the fast-growing energy storage sector of the advanced energy industry, Bishop was voted onto the Board at its meeting last week.

Read More

Topics: AEE Updates

Rising Prices Got You Down? Advanced Energy is the Answer

Posted by Bob Keough on Feb 23, 2022 11:00:00 AM

Blog-Post_2022-02-23 745

After nearly two years of pandemic paralysis, the new worry about the U.S. economy is inflation. After a long period of stability, prices are up, taking a bite out of household spending power. And as usual when prices rise, some of the most visible evidence can be found at the gas pump and in heating bills. But the spike in these energy prices shouldn’t be thought of as inflation at all. Rather, it’s a function of volatility, which is an inherent feature of fossil fuels. The answer to this price volatility is not found in the Strategic Petroleum Reserve, gasoline-tax holidays, or interest-rate increases. The solution is advanced energy.

Read More

Topics: Federal Policy, Economic Impact

Price, Size, Range: Finding an EV for me – or them

Posted by Bob Keough on Oct 18, 2021 1:00:00 PM

2021.10.15 #transportation post

We all know that electric vehicles (EVs) are the future, and they’re here today. They’re quicker, quieter, and cheaper to own than old-fashioned gas-powered cars. But the market for EVs is still evolving, with a limited number of models available (though more on the way). And vehicular travel is still built around gas guzzlers and gas stations. In the world of today, how do you find an EV that’s right for you? Even worse – how do you advise someone else about what EV might be right for them? Faced with that dilemma, one of my colleagues took to AEE’s transportation-oriented Slack channel for guidance. Here is the chat that ensued.

Read More

Topics: Advanced Transportation

ELECTRICITY DELIVERY & MANAGEMENT: Energy Storage Takes Off, On Grid and in Microgrids

Posted by Bob Keough on Jun 21, 2021 4:00:00 PM

This post is the last in a series of excerpts from the Advanced Energy Now 2021 Market Report, prepared for AEE by Guidehouse Insights.

The year 2019 was one of the biggest for Electricity Delivery and Management, recording 13% growth globally and 14% in the United States; 2020 was strong as well, with global growth at 9% and 10% in the U.S.

Total revenue in the global market has traditionally been driven by large-scale transmission infrastructure, but Energy Storage has emerged as the fastest growing subsegment globally, with a CAGR of 47% from 2011 to 2020 and 35% growth last year, reaching $3.8 billion. Conversely, transmission, which comprised nearly half of Electricity Delivery and Management revenue in 2011, dropped from $6 billion to just over $3.2 billion in revenue since 2016.

In the United States, Transmission, which comprised nearly half of Electricity Delivery and Management revenue in 2011, has dropped from $6 billion to just over $3.2 billion in revenue since 2016. Meanwhile, Energy Storage has taken off, especially in the past year, jumping 139%, to $1.6 billion, in 2020, capping a run at 39% CAGR since 2011.

Read More

Topics: Advanced Energy Now Market Report

ADVANCED INDUSTRY: Energy Management, CHP Drive Market Growth

Posted by Bob Keough on Jun 15, 2021 11:20:50 AM

This post is the seventh in a series of excerpts from the Advanced Energy Now 2021 Market Report, prepared for AEE by Guidehouse Insights.

Advanced Industry consists of two subsegments: Manufacturing Machinery and Process Equipment and Industrial Combined Heat and Power (CHP). Manufacturing Machinery and Process Equipment tracks sales of industrial energy management systems, which are software and services for energy management within an industrial facility or across an enterprise to meet efficiency, cost savings, and sustainability targets while maintaining optimal operation of production processes.

In the United States, Advanced Industry revenue grew 10% overall from 2019 to 2020, to $11.6 billion. Since 2011, U.S. Advanced Industry revenue has more than doubled, growing at a CAGR of 12%. U.S. Manufacturing Machinery and Process Equipment revenue increased 10%, to $7.0 billion, in 2020, based on sales of industrial energy management systems. CHP revenue increased by 9% year-over-year, to $4.6 billion, following 13% growth in 2019. Though smaller in the United States than Manufacturing Machinery and Process Equipment, Industrial CHP has grown faster over the 2011-2020 time period, at 18% CAGR versus 9% for Manufacturing Machinery and Process Equipment.

Read More

Topics: Advanced Energy Now Market Report