This report was authored and published by Bloom Energy and Wood Mackenzie Power and Renewables in January 2022. The Department of Energy (DOE) estimates that power outages cost the U.S. economy $150 billion annually. Both the proliferation of more extreme weather events and America’s aging power grid due that has much of the transmission and distribution built in the 1950s and 1960s. This aging grid is more vulnerable to outages caused by extreme weather. And utility initiatives to harden the grid against extreme weather are expensive, costs that will ultimately be passed down to ratepayers. In this report, Bloom Energy compares the various options for backup power with regards to costs, response time and environmental impacts.
Keywords: Employee Productivity, Energy Management, Fire/Life Safety, Intelligent Building, Property Management, Smart Cities, Smart Grid, Resiliency, Back Up Power