Smart Cities

New Distributed Energy Policies Ensure Utilities Will Be Living On the Edge

On September 17th, 2020, the US Federal Energy Regulatory Commission (FERC) issued the groundbreaking new Order 2222 that will enable aggregators of distributed energy resources (DERs) located on utility distribution systems or behind a customer meter, including small energy storage resources, to participate in organized wholesale electricity markets. This fundamental shift allows regional transmission organizations and independent system operators to determine their own path to this goal, but is driving the change by insisting they submit their plans by June 14, 2021. “We find that existing RTO/ISO market rules are unjust and unreasonable in light of barriers that they present to the participation of distributed energy resource aggregations in the RTO/ISO markets, which reduce competition and fail to ensure just and reasonable rates,” reads the new FERC order. “These restrictions on competition can reduce the efficiency of the RTO/ISO markets, potentially leading an RTO/ISO to dispatch more expensive resources to meet its system needs. By […]

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Most Popular Articles

Smart Cities

A New Dawn for Solar Power in the Smart Buildings Sector?

There are over 8 billion square meters of rooftops on which solar panels could be installed in the US alone. This represents over 1 terawatt of potential solar capacity, which is roughly equivalent to all the installed solar power on earth today, or 6% of global energy consumption. Furthermore, recent advances in solar panel efficiency and usability […]

Security

SPACS: The 800-pound Gorilla in the PropTech Room

In the same week in July, two more special purpose acquisition company (SPAC) mergers in the smart building security space wrestled with this alternative IPO approach. First, Crown Proptech Acquisitions failed in their attempted merger with access control firm Brivo after the deadline passed before they were able to raise the funds required. Then, 5 […]

Smart Buildings

Incorporating BIM Data into IWMS & BIoT Platforms for Building Operations & Maintenance

This Research Note highlights the trends in Building Information Modelling (BIM) in the building operations and maintenance sector and reviews the activities of the major players across the Integrated Workplace Management Systems (IWMS), Building Management Systems (BMS) and Building Internet-of-Things (BIoT) sub-sectors. Building Information Modelling (BIM) has established itself as a key software in the […]

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