NewEnergyNews: QUICK NEWS, October 23: NEW ENERGY MEANS NEXT GEN TRANSMISSION; NRG BUYS EDISON ASSETS WITH 1.7GW OF WIND; THE MONEY IN MAKING BUILDINGS SMARTER

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  • THINGS-TO-THINK-ABOUT THURSDAY, November 23:

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  • Wednesday, October 23, 2013

    QUICK NEWS, October 23: NEW ENERGY MEANS NEXT GEN TRANSMISSION; NRG BUYS EDISON ASSETS WITH 1.7GW OF WIND; THE MONEY IN MAKING BUILDINGS SMARTER

    NEW ENERGY MEANS NEXT GEN TRANSMISSION Will Renewable Energy Usher In A New Dawn For HVDC Systems?

    Nicholas C. Abi-Samra, October 2, 2013 (Renew Grid)

    “The debate on the merits and use of direct current (DC) versus alternating current (AC) systems has been around since the days of Thomas Edison…advocated for DC systems, while George Westinghouse pushed for AC. The first electric generator was a DC unit, and the first electric "transmission line" was constructed with DC components…But today's] grid is basically [AC]…with a few high-voltage direct-current (HVDC) systems in the mix. High-voltage alternating-current (HVAC) transmission will continue to constitute the backbone…[but] due to the nature and location of most renewable energy sources, HVDC may play a much larger role going forward…” click here for more

    NRG BUYS EDISON ASSETS WITH 1.7GW OF WIND NRG To Purchase Edison Mission Energy's Assets For $2.6 Billion

    October 21, 2013 (North American Windpower)

    “NRG Energy Inc…plans to buy most of bankrupt independent power producer Edison Mission Energy's (EME) assets for more than $2.6 billion…[The portfolio] consists of nearly 8 GW of capacity located throughout the U.S…NRG says EME's 1.7 GW of wind power will nearly quadruple its existing wind generation capacity…[EME and subsidiaries filed for Chapter 11] and EME was deconsolidated from parent company Edison International…In connection with the transaction, NRG says it will assume non-recourse debt of approximately $1.55 billion, of which $273 million is associated with assets designated as non-core assets…NRG expects to close the transaction in the first quarter of 2014…” click here for more

    THE MONEY IN MAKING BUILDINGS SMARTER Smart Thermostats; Standalone, Networked, and Learning Smart Thermostats: Global Market Analysis and Forecasts

    4Q 2013 (Navigant Research)

    “Smart thermostats, also known as programmable communicating thermostats (PCTs), utilize integrated technologies that surpass the basic sensing and control functions of traditional thermostats…[They can be] part of an integrated home automation system that includes other devices such as smart lighting, plugs, entertainment, and security systems…[T]he market for smart thermostats has struggled to gain traction, especially given a much higher perceived average cost compared to that for basic programmable thermostats. Navigant Research forecasts that global revenue from smart thermostats will grow from $85.5 million in 2013 to $1.4 billion in 2020…” click here for more

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