The traditional utility business has been holding out hope that some form of new electricity generation would allow them to maintain their monopoly status without rocking the boat in the way wind and particularly solar could. As long as electricity generation is dominated by massive power plants, rather than small rooftop solar systems or on-site wind turbines, it will be simple to keep utilities as we know them profitable.
Clean coal was a push in the industry for a while, but the $7.5 billion Kemper plant boondoggle by Southern Company (NYSE: SO) showed that it would never be economical. A nuclear renaissance has also been a dream for many utilities and investors, but costs have once again ballooned out of control.
Southern Company’s expansion of the Vogtle Electric Generating Plant is billions of dollars over schedule and will be the cause of increased electricity rates in Georgia. In the last week, Duke Energy (NYSE: DUK) seems to have given up on its nuclear dreams entirely. The Lee Nuclear Station was abandoned by the company last week, a few years after the suspension of the Levy nuclear plant in Florida that resulted in about $1 billion in expenses that were charged to customers. What came next wasn’t another nuclear plant, but a proposal to build 700 MW of solar energy installations, 50 MW of energy storage, and 500 EV chargers as part of a $6 billion plan to upgrade the grid in Florida. Finally, utilities and regulators are seeing renewable energy and energy storage as an asset and abandoning risky energy sources that have been multibillion-dollar boondoggles for the industry.

Tesla Inc. has partnered with Vestas Wind Systems A/S to figure out how to combine wind turbines and batteries, socking away power during breezy times to use when the air is still.
The US Department of Energy (DOE) has released funding to the Argonne National Laboratory for a scaled-up round of independent testing of
Stories are just beginning to emerge about microgrids and distributed energy systems that are keeping critical services up and running despite Hurricane Harvey’s best efforts to do them in.
Twenty years ago, the problem with rooftop solar was that customers needed a large collection of lead acid batteries to store their daytime energy and use this energy at night. But simple net metering rules made it possible for the electric grid to function as a 100 percent efficient storage device. Unfortunately, utilities are doing everything they can to eliminate net metering so they can maximize their profits. So the compelling need for battery
Ever wonder why there are so few blackouts in the United States? It effectively boils down to this: power plants are always making more power than people are asking for.
Stem Inc.
Using just 351.9kW of PV and 1MWh of energy storage in a microgrid, a tiny island off the Massachusetts coast successfully met more than 50% of its electricity demand over summer.
Pushback against the proposed Puente natural gas plant in California now hinges on whether energy storage could do the job instead.