Your Business' Electricity bill has often been regarded as a fixed cost, with operations requiring a certain amount of energy every billing cycle. Have you taken the time to see the breakdown of your energy billing? Most people don’t realize the difference in pricing that industrial customers incur, where they are billed for their high usages during peak hours.
The rise of renewable energy deployment in recent years has been made partially possible by a more concerted effort by new generations. With the younger population understanding the pressing needs of the planet, it is only natural for our educational institutions to follow suit.
A world of renewable energy has long been the goal for many in our industry. We are constantly working towards making that future a reality.
It may be closer than we thought.
A new article published in the journal Joule suggests that a 100% renewable energy future is possible for 139 countries around the world.
Graphic by Sarah Harman
Consumers have been taking energy from the grid for over a century now. But this trend is starting to change.
"Prosumers" are starting to shift consumer patterns and how we power our homes.
In the early days of renewable energy, the industry comprised of large companies playing a high stakes game. The environment was impossible for small companies to compete in. However, in 2006 the game changed with the introduction of Ontario’s Renewable Energy Standard Offer Program. RESOP effectively opened the door to smaller companies looking to develop wind or solar projects up to 10 MW.
Recent advances in solar energy will help further the public use of photovoltaic (PV) solar generation by reducing solar costs to reach parity with fossil fuels. Price reductions in the solar industry have been due, in large part, to using cheaper and readily available materials. However, researchers are developing new technologies that will turn the energy market upside down.
Renewable energy is quickly becoming a key economic sector in Atlantic Canada. Total renewable energy capacity in the region has reached 1,150 MW, with significant plans for further clean energy installations. Prince Edward Island, one of the first provinces to make renewable energy targets, now has over 30% of its energy deriving from wind; the first of North American jurisdiction to achieve this milestone.
Islanded or off-grid solutions are an incredible way to reduce power costs and decrease facility risk. In many cases this method is both possible and practical as it may be cheaper to than extending power lines to your location.
Renewable Energy has long been a topic of interest for North Americans, especially those living in Ontario. As clean energy generation prices decrease to levels that rival conventional methods, the debate of its viability will surely intensify.
Do Metered Connections Make Sense for You?
Metered connections allow for little complication throughout the settlement process. They are a simple mechanism to compensate a power producer only on what is produced. In jurisdictions where there are strong relationships with the utility/government, there are known incentives or there is the desire to separately control a renewable generation facility a metered connection is a well-suited configuration for a PPA.