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Peter Asmus is a Research Director at Guidehouse Insights, the firm that recently acquired Navigant Research where Peter worked for a decade. An investigative reporter and seasoned researcher, he provides valuable insights and perspectives on microgrids and the changing utility landscape. Peter discusses the genesis of microgrids in the developing world, shunned in Europe where reliability has never been an issue, and microgrids in America, notably California, given concerns about PSPS events and wildfires. Peter covers microgrid issues including utility culture, interconnection, generators, modular UL-approved systems, and energy as a service, fully financed and operated systems with no upfront capital costs.
As part of its series “The Business of Climate Change,” The Invading Sea spoke with Chris Evanich, program director for Energy as a Service with the multinational company Schneider Electric. “The Business of Climate Change” highlights the climate views of business men and women throughout the state.
One of the high profile corporate renewable energy initiatives in the news recently has been the unveiling of Home Depot’s sustainability goals. Home Depot is among the increasing number of corporations working to make renewables a significant part of their energy procurement strategy. But for Home Depot, this new direction is not fueled by a desire to become sustainable, it began because it makes financial sense.
On this episode of Beyond The Meter, join host John Failla and his co-host Craig Noxon, Vice President for Enterprise Sales at REC Solar, a Duke Energy Renewables Company as they speak with Craig D’Arcy, Director of Energy Management for Home Depot. You’ll learn how Home Depot started its journey toward the use of renewables, how early successes encouraged further efforts, and how both the financial and efficiency benefits of using renewable energy has motivated them to keep innovating. The Home Depot approach is a great example of how corporations can make use of renewables and increase the bottom line at the same time.
Outline of This EpisodeThere are typically three drivers behind a corporation’s consideration of renewables as an energy source. The first is cost, the second is the company's conscious sustainability goals, the third is increased resiliency. Craig D’Arcy says there is no doubt that all three play some role in Home Depot’s approach, but the first attempts to roll out renewable energy projects were entirely focused on the financial benefits. Renewables simply made financial sense for increasing efficiency and bottom-line profitability.
As early successes with renewable projects were achieved, they were able to investigate other options and expand their efforts toward sustainability. It's led to their sustainability story becoming public, which has driven internal excitement and created momentum for the renewables side of their energy procurement strategies. Listen to hear how Home Depot continues to consider all sorts of energy solutions, including any renewable sources that make sense for their broader goals.
3 critical elements of the Home Depot sustainability approachWhen thinking of the renewable energy movement, it’s common to assume that those pushing for the use of renewables are only concerned about global issues of sustainability, but there’s incredible motivation to implement renewable energy alternatives from a variety of standpoints. In the case of Home Depot, three primary concerns guide their energy decisions...
1 - Foremost, Home Depot views everything they do through caring for their stores so that associates and customers are served well
2 - Every energy sourcing project must make sense financially
3 - Leadership has passed down a mandate to be as innovative as possible to accomplish those first two, which makes their decision-making technology and structure agnostic
Listen to hear how this plays out for Home Depot as Craig D’Arcy explains the fit renewable energy has in that three-pronged approach.
Sustainability efforts are significant for Home Depot's futureNo company can survive if it is not profitable. Home Depot is no different, so it is no surprise to find out that from a financial standpoint, renewable energy is being leveraged to lower the net rates paid for energy throughout the company. But the benefits of renewable energy go far beyond that...
Home Depot has become known as a sustainability brand, recently releasing its own science-based targets for its energy policy, which includes renewable energy as a significant part. And finally, renewable energy provides natural, beneficial hedges against volatile energy pricing in the markets. Power Purchase Agreements with energy providers enables this hedge and has proven to be a huge benefit to the company.
Advice for convincing the C-suite to consider sustainability projectsThe C-suite of any company must be on board if a move toward sources of renewable energy is going to take place. Both Craig D’Arcy and Craig Noxon offer their advice for how to secure the buy-in of company executives.
First, map out the process. Have a clear projection of how and why renewable energy sources will be investigated, selected, and implemented.
Next, understand what the stakeholders care about and be sure your roadmap adequately addresses those concerns. In doing so, work hard to uncover potential landmines and head them off proactively.
Finally, be sure you know how are you going to sell the upside of procuring energy from renewable sources. Bottom-line benefits for the company will be a significant and compelling consideration for anyone in the C-suite.
Home Depot’s sustainability efforts provide an excellent case study from which other corporations can take their cues - and this conversation provides keen insight into the why, how, and what of moving toward renewables as at least a portion of a profitable energy procurement strategy.
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If storage is the Swiss Army Knife of the electric grid, then U.S. energy regulators are breaking out their tool belts.
Last week brought a historic ruling at FERC. Commissioners told regional grid operators to create rules valuing the grid services of energy storage. Will it screw natural gas peakers – or maybe cut, saw, file, prune, hook, or crimp them?
Later in the podcast, an infrastructure redux. The White House’s infrastructure plan is out. When it comes to energy, the Trump Administration is making pipelines a priority, and largely bypassing clean energy.
We’re heading down to Mexico for our final segment. GTM was there for our solar summit last week, and we’ll share a bit of insight into the forces behind one of the hottest -- and cheapest -- solar markets in the world.
This podcast is brought to you by CPower Energy Management. Find out more about CPower's demand-side energy management solutions.
Recommended reading:
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Most of us live day to day in our city of choice without giving much thought to the infrastructure and services that living in the city provides. But when a natural disaster or outage happens, we immediately recognize that vitally important things were going on behind the scenes that we benefit from directly.
This episode highlights the steps the city of Greensboro, NC has taken to begin its “Smart City” initiative, which includes a number of renewable energy approaches. You’ll enjoy hearing from three officials from the city of Greensboro and how their varied roles provide unique looks at the challenges of becoming a Smart City.
You will want to hear this episode if you are interested in...The city of Greensboro, North Carolina started its journey to becoming a Smart City when neighboring cities began working on fiber installations. Greensboro’s leadership began investigating its own options for fiber installations since high-speed data connections are foundational to the technology needed to implement Smart City approaches. From there, many additional developments have come about.
In their current approach, the city’s leaders are continuing to ask, “How can we leverage the Smart Cities approach for growth and economic development?” Some of the initiatives they’ve implemented so far are the city’s smart connected corridor, which includes informational kiosks visitors can use to find out about the city, locate destinations, and connect with public transportation. Find out more by listening to this conversation!
Why resiliency is vital for municipalities like GreensboroThe situation in Greensboro mirrors the reality of many municipalities around the nation. For Greensboro, 30 out of 80 facilities are emergency-related, so when the power for the city experiences a disruption, there’s not only a dollar impact, it can also create a logistics nightmare. A tornado a few years ago made it abundantly clear that resiliency for the city’s power grid was of the utmost importance.
Greensboro’s CIO, Jane Nickels says that if the data center goes down, everything in the city shuts down, and it would take days to get the data center back up. For that reason one of the resiliency measures they are adopting is a migration of everything possible to the cloud. As well, all projects — Smart City related or not — have resiliency in mind. From the creation of “battery buses” to the use of solar power to charge them, the city is well on the way to making its power needs resilient.
How Greensboro pursues financing through partnershipsCity budgets are not known for being lavish and the budget in Greensboro is no exception. The city had no budget at all set aside for Smart City initiatives when the idea came to the forefront, so those leading the charge had to look for partners. When they keep their ears open to what’s going on in the city and do the legwork of discovering what projects are slated by other companies, they can often find ways to attach a Smart City initiative to that project. These are collaborations that enable them to leverage Smart City ideas into the projects other organizations are already budgeting. Listen to learn more about how Greensboro is utilizing smart energy and building resilient systems.
Resources & People MentionedConnect With Our Guests
Michael Kilpatrick, Key Segment Manager, State Governments, Municipalities, and Co-ops
Michael leads strategic planning and engagement within state government, municipal, and co-op segments and is tasked with expanding revenue, profitability, and customer satisfaction by delivering solutions from an array of Duke Energy products and services, including but not limited to renewables, microgrids, and other energy-as-a-service offerings.
Jane Nickels, CIO, City of Greensboro
As CIO for the City of Greensboro, Jane Nickles serves in the executive capacity as the director of Information Technology and Enterprise Solutions. Under Jane’s leadership, the City of Greensboro has been recognized as a Top 10 Digital City by the Center for Digital Government since 2014. Jane led the TriGig Regional High Speed Broadband initiative to bring competitive gigabit internet services to Greensboro and surrounding areas. Other areas of focus include Data Driven Government, Open Data strategies, Digital Equity, Smart City initiatives and continuous innovation.
Butch Shumate, Facilities Manager at City of Greensboro
Butch is an experienced Division Manager with a demonstrated history of working in the government administration industry. Skilled in Budgeting, Contractors, Government, Project Estimation, and Facility Management (FM).
Sergey Kobalev, Energy and Sustainability Management Engineer
Sergey Kobelev serves as the Energy Management Engineer for the city of Greensboro facilities, a position he has had since 2017. In this role, Sergey works to improve sustainability and energy efficiency in over 80 buildings and structures of the city of Greensboro Facilities. His primary focus is on improving existing energy conservation policies and developing new ones, often by incorporating emerging technology for the City facilities to achieve financial and sustainability goals set by the City Council.
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In this episode of IoT Playbook, I interview Corey Kirkendoll, who was recently featured on the cover of ChannelPro magazine.
Corey is an MSP in Dallas, TX who helps churches and cotton farmers with their IT needs, but also, has been helping them achieve amazing results by incorporating IoT into his managed service offerings.
By working with mega-churches (over 1,000 attendees), Corey has seen the merging of facilities management, physical security and A/V into his managed IT business.
This means EVERYTHING that touches the network is a managed service opportunity.
Energy-as-a-service, AV-as-a-service, video surveillance as-a-service, and more.
You’ll also hear how Corey uses IoT to help his agriculture clients, including improving the yields on cotton gins. And by helping increase yields, Corey helps them increase their revenues, which means his revenue is increasing as well.
More Info:The electric utility industry, for all of its innovations over the years, has an entrenched business model. In this episode of Electrifying AI, we look at changing business models for the industry and examine what “energy independence” means.
More to the point, we discuss:
Join us in two weeks for our next episode, Your Next Greatest Investment. We’ll look at shifting consumer attitudes and behaviors, and how the electric utility industry is responding to this new consumer-driven energy landscape.
Here’s a list of links to references for the topics we covered in this episode:
All presentations represent the opinions of the presenter and do not represent the position or the opinion of SAS.
This week: consolidation and cooperation in the distributed energy market.
Just as federal regulators in the U.S. are making batteries, solar systems, electric cars, generators and other similar resources more valuable in wholesale markets, we’re seeing a new wave of business activity.
Wood Mackenzie predicts that U.S. distributed energy resource capacity will reach nearly 390 gigawatts by 2025. And a lot of companies are getting in on the action.
Amazon is jumping deeper into the smart-home game. Generac, one of the top generator companies in the U.S., just made another acquisition to help it manage batteries and pumps and motors and possibly other clean energy resources.
And Calibrant is a new company being formed by industrial multinational Siemens and MacQuarie Capital, part of the Australian financial services giant. Calibrant will offer businesses and industry and schools and hospitals no-money-down, on-site energy systems known as Energy-as-a-Service.
What do all these business moves mean for the future of this market?
Additional resources:
The Interchange is supported by Schneider Electric, the leader of digital transformation in energy management and automation. Schneider Electric has designed and deployed more than 300 microgrids in North America, helping customers gain energy independence and control, while increasing resilience and reaching their clean energy goals.
We’re also sponsored by NEXTracker. NEXTracker has more than 30 gigawatts of resilient and intelligent solar tracking systems across six continents. Optimize your solar power plant.
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