1 first walmart, then verizon and now a how-to guide for divorcing your utilityDocument Transcript
First Walmart, then Verizon - and now a how-to guide fordivorcing your utilityQuick Take: An Austin-based IT consultancy has just published a short guide on how to"take your office off the grid." It doesnt really say much new, but it does illustrate aconcerning trend -- more and more businesses are coming to believe that grid divorce isdesirable and possible. This trend is strengthened by recent announcements from Walmartand Verizon that they are working to make their locations as close to net zero as possible.I dont think the net zero and grid divorce movements will seriously dent the bottom linesof our nations utilities this year or next. But a few years from now... if current trendscontinue... it could become a real drag on load growth and earnings. - Jesse BerstFrom our reports store: "Smart Grid Business 2012 to 2017," publishedby Memoori, analyzes the smart grid markets size, technologies, financeand needed investments, demand forecasts and more.Last month we explained how Walmarts power plans have some challenging implicationsfor the current utility business model.
This week Verizon announced its divorce plans. It will invest $100 million in a solar andfuel-cell energy project the company says will help power 19 of its facilities in seven statesacross the country. When completed next year, Verizon says it will annually generate morethan 70 million kilowatt hours of its own green energy. (You can read the press release onpage 2.)Now a how-to piece on the Journyx website offers a 5-step guide to taking your office off-grid. Its author Brent Hardy notes:"Office buildings in developed countries consume approximately 40% of the worldsenergy. This is a staggering number, and one that business leaders are looking to changewith net-zero energy consumption in both new and existing buildings. A perfect example ofthis movement is La Jolla Commons in San Diego, California, which will be completed in2014 and will be the United States largest net-zero office building to date."His 5-step guide lists things like recycling water and fueling the office with solar energy.How worried do you think utilities should be about the net zero/grid divorce movement,and perhaps more important, how should they respond? Use the Talk Back comment formto tell us what you think.Reference Link: http://www.smartgridnews.com/artman/publish/news/First-Walmart-then-Verizon-and-now-a-how-to-guide-for-divorcing-your-utility-5731.html#.UbV-VeenqaJ