Power usage – Energy Tower http://energytower.org/ Wed, 04 May 2022 10:04:46 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://energytower.org/wp-content/uploads/2022/02/icon-2022-02-03T174243.577.png Power usage – Energy Tower http://energytower.org/ 32 32 People switch to cheaper brands, reduce energy consumption, but won’t give up Netflix subscription as cost of living bites https://energytower.org/people-switch-to-cheaper-brands-reduce-energy-consumption-but-wont-give-up-netflix-subscription-as-cost-of-living-bites/ Tue, 03 May 2022 20:28:00 +0000 https://energytower.org/people-switch-to-cheaper-brands-reduce-energy-consumption-but-wont-give-up-netflix-subscription-as-cost-of-living-bites/ Provided Toluna found that rising grocery costs caused the most disruption, with 85% of shoppers saying they were impacted by the rising cost of groceries. The rising cost of living is impacting how 73% of people spend their money. A new study by research firm Toluna has found that the rising cost of groceries is […]]]>
Toluna found that rising grocery costs caused the most disruption, with 85% of shoppers saying they were impacted by the rising cost of groceries.

Provided

Toluna found that rising grocery costs caused the most disruption, with 85% of shoppers saying they were impacted by the rising cost of groceries.

The rising cost of living is impacting how 73% of people spend their money.

A new study by research firm Toluna has found that the rising cost of groceries is causing the most disruption, with 85% of shoppers saying they’ve been impacted by the rising cost of groceries, causing them to required to make changes.

Among these changes, 31% of people are ditching their favorite brands in favor of cheaper brands, 24% are looking for the best deals and 30% are buying in bulk to save money.

Toluna NZ regional manager Stephen Walker said the rising cost of living was now one of the country’s biggest problems.

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New Zealand shoppers had particularly noticed the rising cost of fresh food (84%), as well as frozen food (68%), dry food like biscuits and pasta (63%), tea and coffee ( 61%), household cleaning products. (61%), baked goods (61%), health and beauty products (50%), soft drinks (43%), pet care (42%) and alcohol (45%).

David White stuff.co.nz

Kiwis are cutting treats and spending amid a steep rise in the cost of living. “You have to think twice about what you put in the basket.”

When it comes to purchasing decisions at the supermarket, price was by far the most important factor for the majority of shoppers (84%), while people were least concerned about sustainability (58%) and health (56%).

With the cost of living expected to remain high, 60% of people expected to spend more on groceries in the next three months.

The research interviewed 501 respondents in New Zealand between March 23 and March 29, 2022.

Reducing social activities such as dining out, as well as finding ways to reduce their energy consumption, were some of the other ways New Zealand households were trying to cut spending.

People were less likely to part with their Netflix subscription to cut costs.

Mollie Sivaram/Unsplash

People were less likely to part with their Netflix subscription to cut costs.

When it comes to budgets, the top things they would give up to save money were eating out (35%) and ordering takeout (29%), followed by buying high-end branded goods (27%), going to bars and pubs (23%). %), traveling abroad (23%) and gambling (18%).

Almost a third (28%) of Kiwis were putting off buying items for their home to save money, with 25% looking for more cost-effective ways to furnish their homes.

But people said they were the least likely to give up their mobile phone contracts and TV subscriptions in a bid to save money.

Energy use also affected finances, and more than half of respondents would turn off their lights whenever possible, while 40% would take shorter showers.

123RF

Energy use also affected finances, and more than half of respondents would turn off their lights whenever possible, while 40% would take shorter showers.

Energy use was also an issue and more than half of respondents would turn off their lights whenever possible, while 40% would take shorter showers.

Kiwis also hoped to cut their energy bills by using eco/cold settings on washing machines and dishwashers (36%), lowering the target heating temperature (23%) and scheduling laundry so that ‘it operates during low-rate hours (18%).

“Understanding today’s consumer is key, and companies will do well to ensure that communication with customers over the coming months is largely focused on price and value,” said Walker.

“It’s important for companies to evolve in their positioning and marketing in a way that aligns with current consumer sentiment.”

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The best areas of the city see the maximum energy consumption of 900 mw, cuts | Bombay News https://energytower.org/the-best-areas-of-the-city-see-the-maximum-energy-consumption-of-900-mw-cuts-bombay-news/ Fri, 29 Apr 2022 21:44:00 +0000 https://energytower.org/the-best-areas-of-the-city-see-the-maximum-energy-consumption-of-900-mw-cuts-bombay-news/ MUMBAI: As peak power demand in Mumbai continued at an alarming level of over 3,800MW on Friday, what worries citizens are the frequent power cuts in parts of the island city while consumption hit a new high of around 900 MW for the BEST supply areas. For the third day in a row, there were […]]]>
MUMBAI: As peak power demand in Mumbai continued at an alarming level of over 3,800MW on Friday, what worries citizens are the frequent power cuts in parts of the island city while consumption hit a new high of around 900 MW for the BEST supply areas.
For the third day in a row, there were power cuts in parts of the island city (Mumbadevi, CP Tank and Sion) and officials blamed old underground cables (some dating from 1966) which did not work. couldn’t bear the load of the increased electricity. consumption in summer.

Power cuts were observed earlier on Wednesday and Thursday in Byculla, Mumbadevi, Shivaji Park, parts of Dadar West, Mahim and Prabhadevi regions. BEST officials said the reason in all cases was “cable failure” which also affected distribution transformers in a few areas.
“It is an alarming situation because we are in April and May when the temperature could skyrocket and things could get more difficult,” said former BMC opposition leader Ravi Raja, who received several calls from Zion about power outages on Friday. He blamed BEST for “poor cable infrastructure and labor shortages for repairs”. “In the island city, we would boast of an uninterrupted supply and that no longer happens,” he said.
A manager in BEST’s electrical wing said he learned about the old cables across the island city and came up with a plan to replace all the cables with 120 km 33 KV cables and nearly 1000 km 11 KV cables. KV, with work orders to be issued soon.
BEST GM Lokesh Chandra said work to replace cables and install new substations and transformers was underway at a cost of Rs 2,500 crore, with a 60 per cent subsidy from the Centre. Sources said BEST should have done this last year, and now with cable faults over the summer, they plan to speed up the replacement. Officials said the cables had been damaged due to subway and digging work by BMC.

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NVIDIA’s New AD102-Based GeForce RTX 4090: 600W+ Power Consumption CONFIRMED https://energytower.org/nvidias-new-ad102-based-geforce-rtx-4090-600w-power-consumption-confirmed/ Thu, 21 Apr 2022 00:01:19 +0000 https://energytower.org/nvidias-new-ad102-based-geforce-rtx-4090-600w-power-consumption-confirmed/ NVIDIA’s next-gen GeForce RTX 4090 graphics card, which will be powered by the AD102 “Ada Lovelace” GPU, will have a TBP (typical card power supply) of 600W…and that’s in reference form, not custom AIB form where 600W+ might be in the rearview mirror. The rumors come from Tom @ Moore’s Law is Dead, who said […]]]>

NVIDIA’s next-gen GeForce RTX 4090 graphics card, which will be powered by the AD102 “Ada Lovelace” GPU, will have a TBP (typical card power supply) of 600W…and that’s in reference form, not custom AIB form where 600W+ might be in the rearview mirror.

The rumors come from Tom @ Moore’s Law is Dead, who said his sources have confirmed the 600W power consumption news. AMD and its next-generation RDNA 3 architecture.

Tom’s sources explained: “It looks like the best Lovelace Professional 6000/8000 card could use 320-375W. Right now they’re testing prototypes at the limits of an 8-pin EPS (375W), or they’re even testing some prototypes with a 16-pin connector. It’s still 2 slots, and still a blowing cooler. So they’re limited to what they can cool“. The source added: “But this is an unprecedented power boost for a standard class of professional card.“.

The leaks continue:In mid-2021 the Lovelace top was expected to be a 400-500W card, but 500W+ was still an option…at this point 500-600W seems incredibly likely. The RTX 4090 will have a TBP of 600W. It also seems to be more advanced than the other maps…so it’s probably the first to launch“.

What about system integrators (SIs) and OEMs and the 600W power consumption of the next-gen GeForce RTX 4090? Tom spoke to some industry sources, who said: “Honestly, we (major OEMs) don’t see this as a huge challenge. Now we know we need to support 600W, and so we’ll“.

If people notice…many OEMs are suddenly releasing larger chassis that include much better PSUs for a reason. We prepare ourselves. 1000W+ PSUs will soon be standard“.

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Report: Raleigh Residents Rank 42nd on Solar Power Usage List https://energytower.org/report-raleigh-residents-rank-42nd-on-solar-power-usage-list/ Wed, 20 Apr 2022 13:34:13 +0000 https://energytower.org/report-raleigh-residents-rank-42nd-on-solar-power-usage-list/ RALEIGH- Raleigh residents are adding more solar capacity, according to a new report. Now, according to an analysis of data from 67 US cities, Raleigh ranks 42nd in average solar energy per person. the shiny cities report, the eighth annual report of the Environment America Research & Policy Center and the Frontier Group, found that […]]]>

RALEIGH- Raleigh residents are adding more solar capacity, according to a new report. Now, according to an analysis of data from 67 US cities, Raleigh ranks 42nd in average solar energy per person.

the shiny cities report, the eighth annual report of the Environment America Research & Policy Center and the Frontier Group, found that in Raleigh, the region produces 33.8 watts of solar power per person and 15.8 megawatts of solar power at total.

The total number ranks Raleigh 37th among the cities studied in the report, and the per capita number places Raleigh 42nd.

But the data analyzed by the report’s authors comes from the North Carolina Sustainable Energy Association, which the report said was current as of late October. As such, the report notes that “capacity in Raleigh as of December 31, 2021 may be higher than the figure shown, and this year’s figure may not be directly comparable to previous reports.”

Report: North Carolina Ranks 3rd in Solar, Becomes Leader in Renewables

Solar on the rise

Overall, a November 2021 report found North Carolina to be the third U.S. state in solar-generated power growth.

According to the executive summary of the report, solar energy installations continue to be deployed and cities play a “key role”.

The authors found that there are now 121.4 gigawatts of solar PV capacity in the country, which is enough solar energy to power more than 23 million homes.

Cities like Raleigh and Charlotte, the report notes, can be a major source of electricity demand as well as a source of adequate rooftop space to install solar panels. As such, the report notes, these cities and others like them “also have the potential to be major sources of clean energy generation.”

Globally, energy produced from wind and solar generated 10% of all energy in 2021.

Clean energy surges: Wind and solar generate a record 10% of global energy

Solar energy and electric vehicles

According to the report, electric vehicles could play a vital role in transforming the energy economy. Indeed, electric vehicles can play an important role in storing any excess energy produced by solar panels in their lithium-ion batteries, which can be deployed in the future to meet transportation needs.

“Fleets of electric cars and buses could one day stabilize the grid by storing solar power in their batteries for later deployment,” the report notes. A study cited in the report found that a successful deployment of so-called “vehicle to grid” electric vehicles could increase the development of renewable energy by almost 30%.

North Carolina is now poised to establish itself as a hub for electric vehicles, North Carolina Economic Development Partnership CEO Chris Chung told WRAL TechWire following the announcement in December 2021. that Toyota would invest nearly $1.3 million to build an electric vehicle. battery assembly plant in Randolph County.

“You can’t underestimate how important it is that a company like Toyota, with the stature of Toyota, makes this kind of selection,” Chung said in December. “It makes North Carolina a hub for a sector that we know will grow in importance to the US economy in the decades to come.”

Chung also told WRAL TechWire in December that Toyota’s announcement would “make big waves” and lead the state to talk with other companies not yet in the state’s economic development pipeline. . “There are a lot of companies in this industry that we could approach and we will approach as North Carolina,” Chung said at the time.

Earlier this year, VinFast announced it would bring a $4 billion electric vehicle assembly plant and battery manufacturing plant to Chatham County as part of what an executive at Triangle called it a “monumental” deal for the economy and the future of the state.

“North Carolina State leadership is fully committed to unlocking the economic development potential of the clean energy economy, and yesterday’s announcement validates North Carolina as a place of choice for innovative mobility companies like VinFast,” said Christopher Chung, CEO of the Economic Development Partnership. of North Carolina, said in a statement after the deal was announced.

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Telcos could save up to 70% in power consumption by optimizing 5G hardware, Sustainability https://energytower.org/telcos-could-save-up-to-70-in-power-consumption-by-optimizing-5g-hardware-sustainability/ Wed, 06 Apr 2022 15:19:51 +0000 https://energytower.org/telcos-could-save-up-to-70-in-power-consumption-by-optimizing-5g-hardware-sustainability/ Telcos must adopt new approaches to optimize the hardware they use if they are to achieve the goal of dramatically reducing their power consumption and associated costs as power-hungry 5G networks reach the mainstream. developed market scale. That’s the main point made in a new report from research firm ABI Research, which suggests that if […]]]>

Telcos must adopt new approaches to optimize the hardware they use if they are to achieve the goal of dramatically reducing their power consumption and associated costs as power-hungry 5G networks reach the mainstream. developed market scale.

That’s the main point made in a new report from research firm ABI Research, which suggests that if operators act wisely and optimize the hardware used in their systems, it will lead to lower power consumption of up to 70% and therefore reduce energy bills.

Although 5G networks are 90% more energy efficient than 4G in terms of energy consumption per unit of traffic, they are very likely to cause “a dramatic increase in energy consumption” due to the implementation of massive implementation of MIMO and the level of network densification.

ABI Research has calculated that a 5G base station needs three times the power to provide the same coverage as a 4G network, which, in turn, leads to high energy costs and capital expenditures for users. operators.

“5G power consumption depends on the radio configuration, hardware and traffic load, and more than 70% of the power consumed is in the radio access network (RAN),” said Fei Liu. , mobile network infrastructure and 5G industry analyst at ABI Research. “A 5G RAN consumes up to 2.7 kilowatts of power with 64T64R mMIMO configurations under typical conditions, while an LTE radio consumes about 0.8 kilowatts.”

The major contributors to power consumption are power amplifiers (PAs), baseband processing modules, digital intermediate frequency (DIF), and transceivers. The analytics company recommends the use of gallium nitride (GaN) for mMIMO, which can result in more than 50% higher power efficiency and therefore lower power consumption and operating costs.

Another suggestion is the deployment of liquid-cooled sites that are 30% lighter and half the size of standard active air conditioning units. Another advantage is that they require no maintenance, which equates to “significant cost savings”, Liu said.

Telecom operators can also use the new generation of chipsets, which are estimated to provide between 30 and 70% in energy savings. “A new architecture can also reduce power consumption, improve coverage and improve performance,” she added.

Network providers are also investing in other “innovative” hardware technologies such as new materials and designs to improve energy efficiency. “Operators should deploy the new generation of equipment and adopt efficient cooling technology to reduce equipment-level power consumption,” Liu advised.

In recent years, a number of telecommunications operators have considered ways to combat climate change by reducing greenhouse gas emissions and being more energy efficient. Cost reduction is also a powerful driver. Some of the steps telecom operators have already taken include switching to 100% renewable energy sources, embracing circular economies across their operations, and committing to company-wide goals. industry standards defined by ITU, GeSI, GSMA and SBTi. (See ICT Industry Agrees on Landmark Science-Based Path to Net Zero Emissions.)

– Yanitsa Boyadzhieva, Deputy Editor-in-Chief, TelecomTV

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Food producer GFB to offset electricity consumption at Kentwood facility with renewables https://energytower.org/food-producer-gfb-to-offset-electricity-consumption-at-kentwood-facility-with-renewables/ Tue, 05 Apr 2022 17:05:05 +0000 https://energytower.org/food-producer-gfb-to-offset-electricity-consumption-at-kentwood-facility-with-renewables/ KENTWOOD — Certified B Corp and Food Producer The GFB: The Gluten-Free Bar now participate in a Energy consumers program to fully offset the electricity consumption of its Kentwood production plant with renewable energy. The company, which makes a variety of gluten-free snacks and foods at 4053 Brockton Drive SE, announced the new contract as […]]]>

KENTWOOD — Certified B Corp and Food Producer The GFB: The Gluten-Free Bar now participate in a Energy consumers program to fully offset the electricity consumption of its Kentwood production plant with renewable energy.

The company, which makes a variety of gluten-free snacks and foods at 4053 Brockton Drive SE, announced the new contract as part of the Jackson-based utility’s renewable energy program. The clean energy supply adds to the facility’s zero-waste status, diverting more than 90% of its annual food waste from landfills.

The Consumer Renewable Energy Program allows participants to offset their electricity use from Michigan-generated wind and solar power.

“We have always been committed to making the best products possible, using only plant-based, gluten-free ingredients,” Marshall Rader, who co-founded The GFB with his brother Elliott, said in a statement. “By participating in this program, we can also choose better energy sources, which helps our company minimize its environmental footprint.”

The GFB became a Certified B Corp in 2015 and is one of approximately 120 food companies in the United States and Canada with the designation.

Customer demand has helped meet utility clean energy and greenhouse gas reduction goals, and voluntary programs for businesses to offset their electricity use with renewables have led to investments in new projects. In February, the Detroit-based utility Energy DTE released a request for proposals for 500 megawatts of new wind, solar and battery storage to support its voluntary renewable energy program.

“Consumers Energy will continue to meet the needs of Michigan customers who want to be powered by clean energy, and we are proud to partner with The GFB to support their goal of becoming a sustainable brand for their customers, their colleagues and our state” , Sarah Nielsen, executive director of transportation, renewable energy and consumer storage, said in a statement. “Every enrollment in this program helps reduce carbon emissions and support a clean energy future for all.”

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Improve Microsoft Edge power consumption and performance by enabling Efficiency mode https://energytower.org/improve-microsoft-edge-power-consumption-and-performance-by-enabling-efficiency-mode/ Sun, 13 Mar 2022 11:09:37 +0000 https://energytower.org/improve-microsoft-edge-power-consumption-and-performance-by-enabling-efficiency-mode/ Microsoft Edge users who use the browser on mobile or low-performance devices can enable efficiency mode to improve browser performance. Previously called Performance Mode, Efficiency Mode is available as an option under System and Performance in Edge Settings. The main idea behind Efficiency Mode isn’t new: to sleep tabs that haven’t been used for a […]]]>

Microsoft Edge users who use the browser on mobile or low-performance devices can enable efficiency mode to improve browser performance.

Previously called Performance Mode, Efficiency Mode is available as an option under System and Performance in Edge Settings. The main idea behind Efficiency Mode isn’t new: to sleep tabs that haven’t been used for a while to free up memory and reduce CPU usage.

You can find performance options under edge://settings/system in Microsoft Edge for Windows, Mac OS, and Linux. Users who prefer to use the menu can also select Menu > Settings > System and performance to access it.

Efficiency mode can be enabled or disabled, the default seems to be disabled in most configurations. Microsoft says on a support page that efficiency mode can be turned on automatically if a mobile device enters battery saving mode in Windows. A blue pulse icon in the Microsoft Edge toolbar indicates this. On Mac OS X devices, efficiency mode automatically turns on if the battery power state reaches 20%. On Linux, efficiency mode is disabled by default.

Once activated, Edge will put inactive tabs to sleep for 5 minutes to free up system resources. Microsoft notes that benefits vary as they depend on factors such as device used, number of tabs open, and other factors. The feature can be beneficial for mobile devices but also for desktop devices as it can also improve performance.

Efficiency mode is designed to help extend battery life. It minimizes power consumption by reducing resource usage (CPU usage) by changing some tab activities on tabs you don’t interact with and by putting inactive background tabs to sleep after 5 minutes or less.

Microsoft Edge efficiency mode

Efficiency Mode comes with a number of preferences that users can tweak to customize functionality. In fact, all settings can be changed even if efficiency mode is not activated.

  • Save resources with sleep tabs — The function unloads inactive tabs to free up memory and improve performance.
  • Molten sleeping tabs — All sleep tabs are shown faded for better identification-
  • Put inactive tabs to sleep after specified time — 5 minutes by default and fixed to this period if the efficiency mode is activated. When efficiency mode is disabled, other periods can be selected.
  • Never put these sites to sleep — Add sites to the exclusion list so they are never put to sleep by Edge.

Closing words

Efficiency mode can improve battery life and performance for devices running Microsoft Edge. Mobile devices on battery power and low performance devices may see the greatest improvements with the mode enabled.

Now you: do you configure your browsers to hibernate inactive tabs?

Summary

Improve Microsoft Edge power consumption by enabling Efficiency mode

Article name

Improve Microsoft Edge power consumption by enabling Efficiency mode

The description

Microsoft Edge users who use the browser on mobile or low-performance devices can enable efficiency mode to improve browser performance.

Author

Martin Brinkman

Editor

Ghacks Technology News

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Malacañang will publish an EO on the use of nuclear energy https://energytower.org/malacanang-will-publish-an-eo-on-the-use-of-nuclear-energy/ Wed, 02 Mar 2022 12:20:00 +0000 https://energytower.org/malacanang-will-publish-an-eo-on-the-use-of-nuclear-energy/ Malacañang is expected to issue an executive decree soon adopting the national position on nuclear technology that will pave the way for its inclusion in the energy mix, energy officials said on Wednesday. “We seek to ensure energy security. This administration pushed for nuclear power. The president has signed an EO that will include a […]]]>

Malacañang is expected to issue an executive decree soon adopting the national position on nuclear technology that will pave the way for its inclusion in the energy mix, energy officials said on Wednesday.

“We seek to ensure energy security. This administration pushed for nuclear power. The president has signed an EO that will include a nuclear program for our energy development,” Energy Secretary Alfonso Cusi said during the virtual Kapihan sa Manila Bay forum.

“I don’t like anticipating things, but I believe we have the OE for that,” Cusi said.

The Department of Energy submitted to the president’s office the results of the intergovernmental agency’s study on adopting a national position on a nuclear power program in December 2020.

“We heard that the president will make an announcement soon. We heard from the president’s office that the policy will be approved soon,” Undersecretary Gerardo Erguiza Jr. said in a separate briefing.

Erguiza said the study was submitted over a year ago and “we heard that it could be favorably approved by decree,” he said.

President Rodrigo Duterte signed Executive Order No. 116 on July 24, 2020 providing for the establishment of the Interagency Nuclear Power Program Committee chaired by the DOE to conduct the study.

The committee was tasked with submitting its recommendation on a national position on nuclear power to the president’s office.

Cusi is also pushing for the use of small modular reactors and is expected to sign a government-to-government cooperation agreement in the United States on nuclear power development this month.

He said Palawan, Cagayan and Sulu have expressed their willingness to host small modular reactors. “It will be a legacy from this administrator,” he said.

SMRs are advanced nuclear reactors that have a power capacity of up to 300 MW per unit, approximately one-third of the output capacity of traditional nuclear reactors.

Cusi said earlier that SMRs are a game-changer in the global energy landscape because they could be used in places that are unsuitable for large nuclear power plants.

He also urged the public to open up to nuclear power to help the country achieve its energy security and sustainability goals.

“I continue my appeal to my compatriots to open up to the idea. Considering the potential for the safe use of nuclear energy for the country’s energy needs does not mean that nuclear power plants will immediately come out of the woodwork,” Cusi said.

“I believe the time has come for us to embark on a comprehensive national nuclear power program,” the energy chief said.

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5G must lead in the fight against energy use https://energytower.org/5g-must-lead-in-the-fight-against-energy-use/ Wed, 02 Mar 2022 11:25:26 +0000 https://energytower.org/5g-must-lead-in-the-fight-against-energy-use/ Improving the energy efficiency of 5G networks is on the agenda of providers and network operators, according to panelists gathered during the session on Energy Efficiency Trends in 5G. “As the deployment and adoption of 5G rapidly changes the world, the telecommunications industry has an opportunity to lead the world in demonstrating that energy consumption […]]]>

Improving the energy efficiency of 5G networks is on the agenda of providers and network operators, according to panelists gathered during the session on Energy Efficiency Trends in 5G.

“As the deployment and adoption of 5G rapidly changes the world, the telecommunications industry has an opportunity to lead the world in demonstrating that energy consumption can be reduced,” said Miriam Tuerk, CEO of Clear Blue Technologies.

But at the network level, which is very likely to support existing legacy technology, the drive to reduce power consumption becomes more complex. “You need to look at the 2G and 3G assets you have within the network,” warned Mats Pellback Scharp, Ericsson’s sustainability manager. “We’ve seen 20% of the traffic consume 80% of the power across large network footprints where voice and data traffic has been and will remain low.”

According to the Ericsson executive, networks must now be built to be “5G ready” and any upgrade strategy must be carefully considered. “It might be more energy efficient to build a new 5G network. But any approach is not easy and requires hard work.

On a different level, Tuerk referred to how cellphone users in Africa have taken a very different approach to changing their handsets. “The charging cost for the average user is high given their disposable income. To keep this cost as low as possible, users will choose 2G data because it consumes less power.

Alexandra Rasch, CEO of Caban Systems, highlighted the notable progress the automotive industry has made over the past 10 years in moving towards electric cars. “The telecommunications industry must seek to do the same if it is to achieve real reduction in energy consumption.”

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Residential storage on the rise as homeowners seek to control energy use https://energytower.org/residential-storage-on-the-rise-as-homeowners-seek-to-control-energy-use/ Fri, 18 Feb 2022 08:00:00 +0000 https://energytower.org/residential-storage-on-the-rise-as-homeowners-seek-to-control-energy-use/ Image credit: Stock A growing number of homeowners are investing in residential energy storage system (RESS) solutions to reduce the inconvenience associated with power outages and, in some cases, reduce costs and increase their use of renewable energy. That was one of the findings of a new report from Guidehouse Insights, examining the global RESS […]]]>

A growing number of homeowners are investing in residential energy storage system (RESS) solutions to reduce the inconvenience associated with power outages and, in some cases, reduce costs and increase their use of renewable energy.

That was one of the findings of a new report from Guidehouse Insights, examining the global RESS solutions market to 2030.

RESS solutions offer homeowners some control over the energy used in their residence rather than depending on the local utility for service. According to the report, the RESS solutions market is expected to grow at a compound annual growth rate (CAGR) of 21.3% from 2021 to 2030.

“While generators continue to be popular, the most important trend is the growing adoption of battery-powered RESSs,” says William Hughes, Principal Research Analyst at Guidehouse Insights. “This trend follows the growing adoption of solar panels by homeowners, as the sale of battery-powered RESS almost always comes with solar panels.”

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However, challenges for the RESS industry include providing owners with accurate information about options, their relative merits and costs.

Customer installation also requires an expensive on-site assessment and may involve complex and time-sensitive grants from local utilities and government agencies. A variety of financing options and ongoing equipment management can add to consumer confusion, the report says.

A summary of the report, Market Data: Residential Energy Storage Systemsis available for download.

This information was provided by Guidehouse Insights

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