Summary of recent Energy News headlines
There are a number of energy stories that are making business headlines these days. The unifying themes for this week’s energy market news summary are: a quick look at a guest post on Greentech Media that proposes a solution to California’s transmission upgrade process, a link to Bloomberg’s ongoing section on sustainability with a focus on corporate sustainability,and a special section in Forbes online on the prospects for big data– and our view on what it might mean to buyers of energy.
Reposted from Greentech Media–Guest Post: The California Transmission Upgrade Debacle
California’s aggressive renewable portfolio standard presents challenges for the state’s transmission grid. The way that California chooses to address this issue has implications for other states around the country–particularly those that are trying to reach significant renewable targets. Often, the way that California chooses to address this issue informs other state policy decisions.
The bottom line for businesses: The entity responsible for managing and upgrading transmission to accommodate renewable energy targets has significant cost and reliability implications.
Bloomberg’s Sustainability Section
Big Data
What does big data mean to you? The truth is, we don’t know yet. But the fact is that managing, organizing and presenting energy data could make businesses much more effective and efficient in controlling costs. The fact that businesses and energy consumers can only “see” their data by looking in the rear view mirror doesn’t make sense. Take a look at Forbes’ resources on big data available here.
The bottom line for businesses: We think that big data has huge implications for the energy industry and for businesses that are trying to take control. It is a trend worth following