The Business Energy Edge

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Power Generation from Natural Gas Expected to Edge Up Above Coal in 2016

April 2015 was the first instance of natural gas leading coal in terms of power generation. Since then, natural gas has steadily increased its share due to a variety of factors, including more stringent environmental regulations and lower natural gas prices.

The U.S. Energy Information Administration predicts that the mix could change in the future, as the use of renewable energy and natural gas prices both increase. Even so, the organization estimates that natural gas will regain the largest share of electric generation by 2022 and possibly as far into the future as 2040.

Read more at utilitydive.com.

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Experts Encourage Smart Technology Use in Commercial Buildings of All Ages to Boost Savings, Efficiency

From smart lighting to occupancy sensors, the Internet of Things (IoT) is bringing building automation within reach for organizations of all sizes. As opposed to traditional building maintenance systems (BMS) that can cost up to $2.30 per square foot ($250,000 for a 100,000-square-foot building), IoT systems can cost as little as $5,000. This is because they don’t typically require the extensive cabling and equipment associated with BMS.

In addition to financial savings, efficiency gains associated with smart technology can be significant, as well. The American Council for an Energy Efficient Economy estimated that efficiency measures applied to 35% of eligible commercial floor area in buildings with 50,000+ square feet could save more than 50 terawatt-hours by 2030.

Read more at rcrwireless.com.

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IGS Solar Finances New Hampshire’s Second Largest Solar Array

The second largest solar array in New Hampshire, financed and owned by IGS Solar, was recently commissioned in June. The utility-scale solar array (640.5 kW) is located in the Town of Durham and is a fixed ground mount of 14 rows of solar modules.

Using a third-party ownership structure, IGS Solar financed the project through a simple Power Purchase Agreement (PPA).

Read more at IGSCompanies.com.

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  • A wind turbine has as many as 8,000 different components.
  • ENERGY STAR certified light bulbs use 70-90% less energy than traditional incandescent bulbs.
  • Nuclear energy produces 64% of all U.S. emission-free electricity.
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