Advanced Energy Perspectives

California Legislature Delivers Critical Wildfire Package to Stabilize Utilities and Maintain Energy Goals

Posted by Emilie Olson

Jul 25, 2019 11:00:00 AM

CA wildfire package post-500

Just before the California Legislature adjourned for Summer Recess, Gov. Gavin Newsom signed a historic wildfire fund package seeking to balance the welfare of  wildfire victims, investor-owned utilities (starting with PG&E, which is in bankruptcy proceedings due to its wildfire liabilities), and utility employees with a commitment to uphold California’s advanced energy leadership. The package navigated the formal legislative process in a matter of days to meet the Newsom Administration’s declared deadline of July 12, and most importantly, just in time to avert the looming threat of credit rating downgrades for the state’s other two investor-owned utilities, San Diego Gas & Electric and Southern California Edison.

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Topics: State Policy Update, California Engagement

ADVANCED FUEL DELIVERY: Revenue from Natural Gas and Hydrogen Fuel Stations is Up, After Three Years of Decline

Posted by Bob Keough

Jul 23, 2019 11:15:00 AM

Market Report Series - Fuel Delivery-730

This is one in a series of excerpts from the Advanced Energy Now 2019 Market Report, prepared for AEE by Navigant Research.

Advanced Fuel Delivery revenue – here quantified for just Fueling Stations serving natural gas and hydrogen vehicles – remained essentially flat globally in 2018, at $991 million, after 4% increase in 2017. (For Charging Infrastructure for electric vehicles, see Electricity Distribution and Management.) In the United States, the market for Advanced Fuel Delivery grew 5% in 2018, after three years of declines. Overall, spending on natural gas and hydrogen fueling stations has shrunk by more than half worldwide since 2011, and by one quarter in the United States, and by even more compared with the peak years of 2014 and 2012, respectively. The Compound Annual Growth Rate (CAGR) for Advanced Fuel Delivery revenue was -11% from 2011 to 2018 globally and -4% in the United States.

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Topics: Advanced Energy Now Market Report

Top 10 Utility Regulation Trends of 2019 – So Far

Posted by Coley Girouard

Jul 18, 2019 4:15:10 PM

Top 10 Utility Regulation Trends of 2019 So Far-500

In January, we published a list of the top 10 utility regulation trends of 2018. With 2019 at around the halfway point, we check in on the top public utility commission (PUC) actions and trends so far this year. Ten prominent trends and actions stand out above the rest, from renewables increasingly dominating utility resource plans, to wildfires sparking utility safety and liability concerns in California, to transportation electrification investments becoming more widespread from coast to coast. Here is the full round-up of the top 10 matters before PUCs so far in 2019.

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Topics: 21st Century Electricity System, Regulation

ADVANCED INDUSTRY: Industrial Energy Management Systems Drive U.S. Growth, Lead Toward Industrial Internet of Things

Posted by Bob Keough

Jul 16, 2019 5:05:10 PM

Market Report Series - Industry-730

This is one in a series of excerpts from the Advanced Energy Now 2019 Market Report, prepared for AEE by Navigant Research.

Advanced Industry, the sixth largest advanced energy segment both globally and domestically, contains two subsegments: Manufacturing Machinery and Process Equipment and Industrial Combined Heat and Power (CHP). Manufacturing Machinery and Process Equipment is tracked through 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.

Global Advanced Industry revenue reached $54.5 billion in 2018, a 12% increase over 2017, building on 11% growth the year before. This is an acceleration over previous years of steady growth driven by the expansion of manufacturing machinery and process equipment caused by increased global production and the adoption of advanced technology in industrial processes. Compound Annual Growth Rate (CAGR) for global Advanced Industry revenue over the 2011-18 period was 9%. Growth in U.S. revenue was even greater over the period since 2011, more than doubling in that time, with CAGR of 12%, but essentially flat in 2018.

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Topics: Advanced Energy Now Market Report

When ‘Clean Street Meets Wall Street,’ Advanced Energy Markets Move Ahead

Posted by Monique Hanis

Jul 11, 2019 11:40:53 AM

Clean Street Meets Wall Street 0- Final-500

In May, we convened one of the hottest events exploring the intersection of U.S. finance and advanced energy with both national and state impacts — AEE’s Clean Street Meets Wall Street CEO Forum. Coming from a range of perspectives, participants delved into cutting-edge topics, including current risks and opportunities in today’s electricity markets, and trends in the advanced energy investment pipeline. The New York City event was also a Who’s Who for networking and side conversations with executives from the advanced energy industry, financial institutions, electric utilities, and technology companies.

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Topics: Advanced Energy Now Events

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