Company Launches Petra SCS, Introduces the Petra Municipal Pilot Program
SOUTH PLAINFIELD, N.J.–(BUSINESS WIRE)–Petra Solar™, a leading global technology provider for the c, energy efficiency, and distributed power generation markets, announced today that it has changed its name to Petra Systems.
Individually owned EVs will be able to participate in grid services in the second half of this decade, report finds
BOULDER, Colo.–(BUSINESS WIRE)–Though negligible today, the market for plug-in electric vehicles (PEVs) equipped with vehicle-to-grid (V2G) technologies – which enable the vehicles to participate in ancillary services for the power grid – is expected to expand steadily in the coming years. Compelling business models for V2G technologies are starting to emerge in select markets around the world, and it’s expected that individually owned electric vehicles will be able to participate in grid services in the second half of this decade. Click to tweet: According to a recent report from Navigant Research, more than 250,000 V2G-enabled PEVs will be sold worldwide from 2013 to 2022.
ADR technology will help accelerate the adoption of distributed power generation, report concludes
BOULDER, Colo.–(BUSINESS WIRE)–As the power grid moves away from traditional central power plants and toward more distributed energy resources to address future energy needs, demand response (DR) is a growing part of the resource base that electric system operators use to maintain reliability on the grid. Advanced technologies such as automated demand response (ADR), which automates the DR dispatch process without any manual intervention, are helping to speed this transition and enhance reliability along the way. Click to tweet: According to a new report from Navigant Research, the number of ADR-equipped sites worldwide will grow from fewer than 217,000 in 2014 to more than 1.9 million by 2023.