INSUBCONTINENT EXCLUSIVE:
Energy demand has fallen globally
Oil prices are plummeting
Everywhere in the energy world things look fairly grim, but keeping the lights on and electrons moving remains critical to keeping even the
before the pandemic hit United States shores
Kirsch, Powerhouse founder and chief executive
incredibly useful for utilities and grid operators during times of crisis, it can help save money in normal times too
Long-term utility planners typically over-budget their energy needs by 1% every year, which adds up to billions of dollars spent on
unnecessary additional generation capacity, according to Amperon.Lower spending means reduced electricity prices for consumers
Another issue that Amperon says it can help energy providers address is the increasing complexity of grid management
Renewable energy generation adds variability to the grid that utilities and grid operators have yet to effectively manage, the company said.
