Smart transportation

People on the move don’t wish to be slowed down to pay for gas or electric charge, to pay for toll, for parking, for public transportation, for personal transportation (cabs, Uber), and… to pay fines for cutting through red light, speeding, tailgating, etc. Well, payment technology is stepping up to soon enable smooth, seamless all type transportation
payment.

Stay tuned – we’ll soon present here the Only Viable Payment Solution for the emerging future of Quick, Short, Frequent, Automatic Charging of Electrical Vehicles.

Electricity Loyalty Chips

The power sector is struggling to find new business models for financing and enhancing their cash flow, while dealing with consumption side and engage the community. Rate of introducing disruption technologies and innovative business concepts in the power industry is accelerating and is inevitable. Utilities and relevant technology providers must prepare for a market plateau in smart meters penetration, which is expected to occur after 2018. While the electric power sector has historically improved its performance in providing reliable and affordable electricity, its basic operating models should concentrate now on (i) Creating a positive customer experience, to maintain ongoing customers’ loyalty, which is also a crucial cornerstone to demand response success, (ii) Reducing cyber-attacks exposure, especially due to accelerated adoption of smart meters and smart grid technologies, which represent more opportunities for hackers and ‘bad guys’ to steal electricity, steal customers’ payments details or worth – stealing our identity and even creating an outage lasting days or even weeks (we have learned lately that more than 1,000 utilities in the U.S. and Europe have had their computer systems compromised by malware).

We have presented at PowerGen Europe 2015 the latest and future (under development) innovative solutions that meet changing customer needs and expectations, as well as economic, environmental, social and security aspects of the above issues. We also presented cost effective and innovative solutions for executing secured real time payments (pay-as-you-go, pay-for-time, etc., which will be more relevant when more EV and electric bicycles will be in use, and when electricity as a service will become more popular), while solving privacy and security concerns, releasing utilities from invoices and collection and from protecting personal database from being hacked. Privacy and efficiency are nicely served.

Pay&Save: ElectricityUseGuard™

Innovative Home Energy Behavioral Management
Enabling dynamic pricing and consumption tracking without investing in expensive smart meters.
* The vision: Building an eco-system of users of green-electricity
* Benefits to consumers: Cut electricity bill
* Benefits to Utilities: Enhance cash flow, boost revenue and loyalty.

Presented at the PowerGen Europe, Germany, June 2014   utility@BitMint.com                                      http://www.BitMint-utility.com

Abstract:
The challenge of finding a balance between utilities, nations and consumers interests as well as between incorporating clean but low cost renewable energy sources without jeopardizing utilities cash flow and financial stability has become ever more acute for the global power sector in general and the European in particular in recent years. Only lately, are the costs and security, privacy and health implications of smart grid/metering becoming apparent.
We have to do everything in our power to deal with these critical issues, as fast as we can. The good news is that we have been working hard over the past years to put the pieces in place, so we aren’t starting from scratch. The digital landscape is creating new opportunities. Money digitization algorithms as well as digitizing KwH streams stands to revolutionize payments, governance, environmental and economic fortunes of individuals, utilities and nations. How – remains to be seen, but now is the time to lay down scenarios. Here is one.
Our challenge is to find a solution that could be implemented in a wide variety of properties. As the grid becomes more integrated, the need for a frictionless framework for stable electricity supply from different sources, centralized and de-centralized, fossil and renewable, as well as effectively encouraging savings during peak hours, is more acute. It seems that money has the ‘power’ to control our – individuals as well as utilities/governments – behavior. The digitized Green Electricity Initiative protocol, to be presented here, will demonstrate these capabilities and will open new dimensions. By properly tethering the digitized electricity money conditional use and redemption, the same protocol will enable utilities to have better control on their cash flow, while consumers will get immediate reward per ‘good behavior’ [e.g. reducing peak demand, self-production of clean energy] and retailers that join the Green Electricity Initiative will gain reduced financing costs. The number of joining utilities, retailers and individuals is projected to grow exponentially, provided that a robust technology is in place to provide products and services, which are deemed essential to the enrichment of the user’s life experience, security, privacy and cash flow, day by day.

For the entire article go to the proceedings of PowerGen Europe 2014.

For collaboration inquires write to: utility@bitmint.com

What a shame: again neglecting innovation for quich return of investment

California Gives Go-Ahead to Blythe Solar Plan

Renewable Energy World Editors
ינואר 16, 2014  |  0 Comments

New Hampshire, USA — The California Energy Commission (CEC), following the recommendation of its own staff, has approved the proposed shift of NextEra’s Blythe Solar Power Project from concentrated solar power (CSP) to solar photovoltaic (CPV).

Blythe originally was proposed in 2010 as a 1-GW CSP project (parabolic trough), backed by a $2.1 billion DoE loan guarantee. Then-project owner Solar Millennium decided to switch to PV technology in 2011, part of an industry-wide shift away from utility-scale CSP as PV prices plummeted and CSP’s economics became less attractive. Last spring Blythe’s new owner NextEra submitted a revised plan that would shrink Blythe by more than half to 485 MW of solar PV.

In mid-December the CEC internally recommended that the Blythe project be approved as a 485-MW solar PV, believing that potential “cumulatively significant” environmental impacts would be outweighed by its benefits, including its contribution to the state’s Renewables Portfolio Standard (RPS) and economic and jobs benefits.

And so yesterday the CEC voted unanimously 5-0 to approve the Blythe project. Construction is projected to take about four years and cost $1.13 billion.

Paired with the CEC’s staff recommendation in December about Blythe was with a less-favorable opinion of another proposed utility-scale solar project, the 500-MW Palen Solar Electric Generating System with two solar thermal power towers, also originally designed by Solar Millennium and now owned by BrightSource and Abengoa, which would take nearly three years to build at a cost of roughly $2 billion. CEC staff’s concerns include “significant environmental impacts” even with recommended mitigation measures, from “solar flux” (essentially cooking birds in mid-flight as they pass through the solar-reflecting field) to whether the mirrors might appear as a body of water and attract overhead birds down into collisions.

The CEC originally was supposed to rule issue a final vote on Palen earlier this month, but BrightSource and Abengoa, which already revised and scaled back the Palen plan to address various concerns from reducing land and water usage to eliminating an extra transmission line, asked for a delay until later this spring to conduct further assessments, so the CEC’s scheduled Jan. 7 meeting became a discussion of further input from the CEC, stakeholders, and other interested parties.

Lead image: Thumbs up, via Shutterstock

Source: www.renewableenergyworld.com

What Is the Best Solar Power Plant Technology to Cut Land Costs?

CSP costs more, but PV developers pay more for real estate.

Herman K. Trabish: August 8, 2013

As the price of photovoltaic solar levels out and the value of concentrating solar power’s storage improves, it is possible that the price of land could become a decisive factor in a solar project’s overall energy costs. A new land-use analysis demonstrates the choice of technology could be crucial. 

Researchers at NREL drew on acreage data from 72 percent of the 6.7 gigawatts of operating and under-construction photovoltaic and concentrating solar power solar capacity in 3Q 2012. The list of projects surveyed include those from major PV developers First Solar (FSLR) and SunPower (SPWR) as well as major CSP developers BrightSource Energy, SolarReserve and Abengoa.

The research team that produced the report Land-Use Requirements for Solar Power Plants in the United States used two land-use measurements. The total area was taken as the typically fenced offsite boundaries on blueprints. The direct-impact area was smaller. It included only the land on which there were solar arrays, access roads, substations, service buildings, and other infrastructure.  

The most efficient total land use was the 2.8 acres per gigawatt-hour per year associated with two-axis CPV installations of more than 20 megawatts. The least efficient use of land was the 5.5 acres per gigawatt-hour per year associated with two-axis flat-panel PV projects of less than 20 megawatts.

The most efficient direct land use was the 1.5 acres per gigawatt-hour per year for dish Stirling CSP technology. The least efficient was, again, two-axis flat-panel PV projects of less than 20 megawatts, with 4.1 acres per gigawatt-hour per year.

The caveat — and it is important — is that only one dish Stirling project, from Tessera Solar, was analyzed. And only six CPV installations, including those from Tenaska and Cogentrix, were analyzed. Four of the CPV projects were less than 20 megawatts and only two were over 20 megawatts. Other relevant findings in the analysis included:

  • Nine tower projects analyzed for direct land use came in at 2.8 acres per gigawatt-hour per year and seven parabolic trough CSP projects used 2.5 acres per gigawatt-hour per year, both better than the 43 smaller fixed PV projects’ 3.2 acres per gigawatt-hour per year and the 41 smaller single-axis 2.9 acres per gigawatt-hour per year.
  • Fourteen tower projects analyzed for total land use came in at 3.2 acres per gigawatt-hour per year and eight parabolic trough projects used 3.9 acres per gigawatt-hour per year. The 52 smaller fixed PV projects used 4.4 acres per gigawatt-hour per year and 55 smaller single-axis PV projects used 3.8 acres per gigawatt-hour per year.

Larger PV projects, though currently falling out of favor with utility-scale solar developers and financiers, showed improved direct and total land use.

  • Seven 20-megawatt-plus fixed and seven single-axis PV projects were analyzed. Fixed came in at 2.8 acres per gigawatt-hour per year in direct land use and single axis used 3.5 acres per gigawatt-hour per year.
  • Fourteen 20-megawatt-plus fixed PV projects used 3.7 acres per gigawatt-hour per year in total land and sixteen 20-megawatt-plus single-axis projects used 3.3 acres per gigawatt-hour per year.

The smart use of infrastructure in PV projects had more to do with efficient land use than module efficiency, according to lead researcher Sean Ong.

The value of the numbers and conclusions, the study acknowledged, was limited by relatively small sample sizes, and the best quality data was not always available for analysis. Often, the researchers could not get data from developers and were forced to use third-party sources.

Also, over 26 gigawatts of utility-scale PV and CSP projects were in development in February 2013. “Owing to the rapid evolution of solar technologies, as well as land-use practices and regulations,” the NREL study noted, “the results reported here reflect past performance and not necessarily future trends.

Source: GreenTechSolar.

BitMint-Utility is offering much higher benefits than costs for average households – unlike conventional smart meters.

GreenTechMedia – Magdalena Klemun: August 2, 2013:

Smart Meters, Sluggish Policy? Germany Rejects Fast Smart Meter Rollout

Costs for smart meters exceed benefits for low-power consumers, study finds.

It’s a bitter pill for German smart meter manufacturers, but the news is easier to swallow for the country’s utility ratepayers: the German Ministry of Economics announced it will not follow EU recommendations to install smart meters for 80 percent of consumers by 2022.

The ministry reviewed a cost-benefit analysis by Ernst & Young and is concerned that the lion’s share of the costs could fall to households, while the bulk of benefit could go to industrial consumers with larger opportunities to reduce power consumption and leverage load shifting.

Ernst & Young’s study found higher costs than benefits for average households. If only customers that received a meter paid for them, it would cost €89 ($118) per household per year to cover device and installation costs, which is more than the expected monetary benefits. If costs are distributed among all consumers right from the start of the rollout, including customers that do not install a smart meter, the cost would drop to €29 ($38). The analysis extends until 2032, with AMI rollout assumed to begin in 2014.

Depending on local network topology and demand patterns, smart meters can have a larger or smaller impact on mitigating the need for expensive capacity additions.  Ernst & Young’s analysis included the network benefits of demand reductions and load shifting, but authors said these factors were modeled conservatively, due to considerable uncertainties. 

“The results show that we have to increase smart meter deployment in a systematic manner, and therefore in line with Germany’s energy switch policy,” Stefan Kapferer, under-secretary of state in the Ministry of Economics, said in a statement, referring to the country’s ongoing transition away from nuclear power. “Lump-sum approaches are inappropriate for the current situation.”

What appears to be a step away from EU policy goals is actually in line with them, at least in the short run. The 2009 EU directive gives leeway to member states as to how and when they reach the 80 percent smart meter deployment objective, including — in fact, recommending — that countries review regional markets and, if necessary, work out individual plans.

So Germany did just that, at least the reviewing part. But there is still the discrepancy between Germany’s ambitious renewable energy goals and the lack of a concise smart meter strategy.

The Ministry for the Environment’s “Energiekonzept 2050” includes 60 percent of energy consumption from renewable sources by 2050, and renewables providing 80 percent of electricity generation. Given the growth of distributed PV and wind generation, more metering will be needed at both the generation and consumption sides of the grid.  

Following the reform of Germany’s Renewable Energy Act in 2011, large-scale consumers are now obliged to install smart metering devices. This includes new buildings and those undergoing major renovations, as well as consumers with an annual consumption of more than 6000 kilowatt-hours, about 50 percent above average annual household consumption. Part of the story behind Germany’s delay in smart meter deployment is the special emphasis on data security and interoperability. A technical directive covering data security has recently been completed and is considered an important steppingstone.

Instead of changing direction, Ernst & Young recommends extending metering requirements to older and lower capacity generators. Up until now, only those with an installed capacity of more than 7 kilowatts and connected after the year 2011 were required to install smart metering devices.

For vendors, the recommendation to extend metering requirements offers a ray of hope. It does not promise the mass market of households, but it adds a sense of direction to a hitherto ambiguous mix of regulatory perspectives. Nevertheless, the vast number of Distribution System Operators (DSOs) in Germany complicates the situation. Over 900 different DSOs across the country have had very different ideas on PV plant requirements in the past. Without regulation, history could repeat itself for metering installations.

Overall, the decision comes at a tumultuous time regarding the EU’s view of Germany’s energy policy. The European Commission repeatedly criticized Germany’s Renewable Energy Law for providing loopholes for energy-intensive industries. Many are exempt from network fees and receive discounts on the heavily discussed renewables surcharge, which households do have to pay.

The German magazine Der Spiegel reported interventions by German government officials in Brussels to prevent proceedings before September, when Germany holds parliamentary elections. Reacting to EU pressure this week, the government decided to abandon network fee exemptions for industrial customers, leaving the discussion on the renewables surcharge until after the elections.

Cutting household Energy Use is Essential and is Possible

About 4 years ago, I was an official representative in the UN committee of Science and Technology in Geneva, and was exposed to the need that was expressed by ALL participants following my long and detailed lecture, to fulfill the vision of bootstrapping poorly developed zones by offering micro-credit, and basic banking services centered around the cellphone (78% of humanity have a cell phone!).

 I’ll not bother you with details now, but we – on our own resources – picked up the gauntlet and developed very innovative technologies that can push the world towards a rare evolutionary step in the history of money — digitization: a string of bits (ones and zeroes) is engineered to carry value and assume identity, and in that form flow, move, store, and accumulate: securely, seamlessly, discreetly and fast.  Allowing payment, banking, investment and the global economic activity to be redefined, re-engineered, and revamped. The global village is finally about to become not just global, but a village where anyone anywhere can trade, buy, pay, invest. Not account-based, like today, but eCash-based, appropriate for our modern eLife.  New creative forces unleashed, new vistas opening.

 Moreover – we have invented and developed the Tethered money – Money that could be tied to a use purpose à this is a real breakthrough! One of the most vital application is: charitable help or social support can take the form of providing the needy with ‘digital money containers’ that are only good for paying for electricity or water or for food. These restrictive conditions can be further applied to insure that these digital bits are only good to serve a home at the given address. Of course, such charitable contributions cannot be abused by the recipient for buying vanity items. This social aspect is very important everywhere.

 In the same UN committee it was suggested that pay-as-you-go models, based on a simple user friendly prepaid platform may expand affordable clean energy access in rural areas. Greater access to electricity in rural areas will enable children to study beyond sunset, replace smoky fuels such as kerosene with clean solar energy, improve respiratory health of household members and improve overall productivity of rural households. Rural customers of pay-as-you-go solutions, pay a small initial down payment for a high quality solar home system and then pay in REAL TIME for their energy service, topping up their systems in small user-defined increments using a mobile phone. Each payment adds towards their final purchase price. Once fully paid, the system unlocks permanently and continuous to produce electricity.

 BitMint-Utility technology is dealing with ALL the above.

 Moreover, it could also be offered to solar micro-grid developers as an extremely flexible prepaid metering, customer and revenue management solutions.

 However, much attention is paid lately to designing smart cities, including effective and efficient use of electricity, gas and water. Home Energy Behavioral Management is the latest buzz word in that respect refers to – Real time incentive-based demand response providing the most effective & speedy savings [peak load reduction] & real time payback per self production. The ONLY known possible way to offer Real time Cash remuneration for immediate use against energy saving or electricity self production – is based on our unique technologies.

 Cutting Energy Use in Homes is Essential and should be Possible during peak hours, shedding load to avoid summer afternoon and winter evening blackouts.

 However, experts say [e.g. Katherine Tweed, August 23, 2012,  Green-Tech Enterprise]  that ‘the smarter grid,  a more efficient, reliable electricity delivery system,  a connected world where our homes and offices can talk to the grid in real time are promises that CANNOT  shedding load to avoid blackouts,  if historic energy use in homes is any indication’. From 1978 to 2005, energy use in homes is essentially a flat line. There have been incredible efficiency gains, primarily in home heating and cooling, but that has been offset by bigger homes and more stuff that needs to be plugged in.

In a paper recently published by the U.S. Energy Information Administration at an event hosted by the “American Council for an Energy-Efficient Economy“, the authors question whether meaningful energy reductions can actually be achieved in the U.S. housing stock. [BitMint-Utility answer – is definitely – YES].

We are currently involved in developing the BitMint-Utility Payment Solution for Real Time Incentive based Demand response for utility payments that will change the way customers are managing and paying for electricity/water/gas they use – at home, retailers, industry as well as unique solution for pay-as-you-go for charging electric car batteries. It will offer more efficient, lower cost and more environmentally sound energy usage and management, as Real time incentive-based demand response provides the most effective & speedy savings [peak load reduction] & real time payback per self production of electricity from renewable sources.

 for more informaton you can contact: utility@bitmint.com