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    • September 16, 2014

      ComEd Awarded Grant from Department of Energy for Microgrid Controller

      ComEd announced that it has been selected by the United States Department of Energy (DOE) to receive a $1.2 million grant to build a master controller that could drive the operations of clusters of microgrids. ComEd assembled a group of leading science and technology partners for the DOE proposal including Alstom Grid, Argonne National Laboratory, Illinois Institute of Technology, Microsoft, OSIsoft, Quanta Technologies, S&C Electric, Schneider Electric and University of Denver.

    • September 16, 2014

      Homeowners Expected to Invest More Than US$625 Billion in Residential Generation and Storage from 2014-2023

      Innovations in renewable distributed power generation, along with attractive new financing mechanisms, are providing residential customers with new options to manage their energy use and generate their own power. Known collectively as distributed energy resources (DER), these innovations are causing a broad disruption that is altering the traditional relationship between utilities and their residential customers. According to a recent report from Navigant Research, homeowners and other residential customers are on pace to invest more than US$625 billion, cumulatively, in DER from 2014-2023.

    • September 16, 2014

      Stem Banks $100M to Finance No-Money-Down Energy Storage

      Stem, a behind-the-meter energy storage startup, just closed on a $100 million fund to finance distributed energy storage at commercial and industrial customers. The fund is provided by B Asset Manager, a New York City-based investment adviser in the insurance industry, according to a release. Stem has also received venture funding from Angeleno Group, Iberdrola and GE Ventures.

    • September 12, 2014

      Future of Energy Storage

      MIT professor Fikile Brushett is in the process of taking the power generated by wind and solar, chemically lashing it to molecules derived from flora and fauna, and storing it in liquids until it’s needed to electrify our homes. The fact that such a system — if it's feasible — is likely years from reality doesn’t deter Brushett, the Raymond A. (1921) and Helen E. St. Laurent Career Development Professor of Chemical Engineering. An electrochemical engineer, Brushett works on applying fundamental electrochemistry to boost the performance and durability of our future energy storage systems.

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