Investor-owned utilities are signaling a record-breaking wave of capital spending, and history shows that those plans are often a leading indicator of future utility rate increase requests.
EDF chairman Bernard Fontana stated that financial aid will be targeted at low income households, providing up to €1,000 towards the cost of installing a heat pump. This can be combined with existing government aid schemes for heat pumps, resulting in a total out-of-pocket cost of €3,000 for installation, which is less than the cost of a replacement gas heating system.
The group points out, correctly, that the grid is designed for brief bursts of high demand; most of the time there's lots of capacity that goes unused. Utilize thinks that should change. The group argues that smarter ways to use that capacity already exist. Utilize name checks a number of those solutions, including battery storage, demand response, and virtual power plants, all of which have emerged en masse over the last decade, but remain under utilized.
About 140 datacenters are in the queue to be connected to Britain's power grid, and their combined energy requirements are estimated to be more than the current peak electricity use for the entire country. It identified about 140 facilities, the majority of which are likely to receive a Gate 2 offer, which is a 'ready-to-connect' agreement, and these add up to a total of 50 GW of demand for electricity.
While the abrupt end to your home chef experience is inconvenient, the bigger issue is that your gas furnace still needs electricity to run, and it's supposed to drop into the 20s overnight. Now imagine that while everyone else is rifling through their junk drawer for flashlights and batteries,
