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Power outages are tough storms for biz to weather

Cleveland, OH (March 11, 2018) – As featured in Crain’s Cleveland Business with Matt Wheatley, VP of sales and commercial for Centrica Business Solutions and Teresa Ringenbach, Sr. Manager, Corporate & Regulatory Affairs for the Midwest division of Direct Energy: Microgrids will be a critical piece of power resilience, which goes beyond monopoly wire systems in Ohio.

Resilience seems to be both the new energy buzzword and a question of our time against a backdrop of polar vortex, superstorms, snow bombs and hurricanes. In 2017 alone, there were 16 weather and climate disaster events with losses exceeding $1 billion each across the United States.

Technology has changed where we look for resilience. No longer do we look to our utility as the sole solution to keep our lights on. Rather, modern business is using technology to build their own sustainable and resilient power sources to become self-reliant. Resilience to a business is at its heart ensuring the power stays on. If the power goes out — due to weather catastrophes, technical breakdowns or unusual demand — business stops. Customers aren't served. Production lines are halted — product destroyed. Patients aren't treated. Equipment overheats or suffers electrical damage. Safety can be compromised.

As featured in Crain’s Cleveland Business: Microgrids will be a critical piece of power resilience, which goes beyond monopoly wire systems in Ohio. Matt Wheatley, VP of sales and commercial for Centrica Business Solutions and Teresa Ringenbach, Sr. Manager, Corporate & Regulatory Affairs for the Midwest division of Direct Energy co-authored an op-ed that discusses how the loss of electricity impacts Ohio Businesses. In 2016, there were 184 power outages across the state of Ohio, according to the Eaton Blackout Tracker annual report. Only four other states had more.

Read the full Crain’s Cleveland Business article here: www.crainscleveland.com/article/20180311/news/154531/power-outages-are-tough-storms-biz-weather.

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