Energy Markets
Capstone: Grid bottlenecks force businesses to upgrade their onsite power systems
Vince Canino, Capstone Energy+ CEO, said that the demand for more onsite power is increasing as businesses struggle to secure enough capacity from their strained American utilities. Businesses are looking at onsite generation to reduce energy costs, but also as a solution for expanding their business. Capstone, a provider of microturbines and power systems behind the meter for industrial and commercial customers, has seen a rise in demand from sectors such as?healthcare, and is now pursuing projects involving data centers. Canino said, "Today’s discussions are about energy security." Canino said that Capstone customers are now buying larger blocks of energy,...