Midcontinent Independent System Operator

CPower and EnergyHub Partner on Residential Virtual Power Plant for Ameren Customers

Retrieved on: 
Martedì, Aprile 16, 2024
Technology, Green Technology, Other Energy, Environment, Utilities, Oil, Gas, Home Goods, Retail, Energy, IOT (Internet of Things), Environmental Policy, Environmental Issues, Women, Building Systems, Men, Family, Consumer, Climate Change, Sustainability, Residential Building & Real Estate, Hardware, Construction & Property, Consumer Electronics, Diamond, Business development, Partnership, Electricity, Midcontinent Independent System Operator, DER, MISO, Senior, Virtual power plant, Multimedia, Distributed generation, Community, Renewable energy

CPower Energy (" CPower "), the leading, national Distributed Energy Resource (DER) monetization and Virtual Power Plant (VPP) provider, and EnergyHub , a top grid-edge flexibility and VPP provider to utilities and markets, today launched a new residential VPP partnership available to 1.2 million Ameren Illinois customers in more than 1,200 communities across Midcontinent Independent System Operator (MISO), the U.S. midwestern grid operator.

Key Points: 
  • CPower Energy (" CPower "), the leading, national Distributed Energy Resource (DER) monetization and Virtual Power Plant (VPP) provider, and EnergyHub , a top grid-edge flexibility and VPP provider to utilities and markets, today launched a new residential VPP partnership available to 1.2 million Ameren Illinois customers in more than 1,200 communities across Midcontinent Independent System Operator (MISO), the U.S. midwestern grid operator.
  • The partnership combines CPower’s multi-year experience working with Ameren Illinois commercial and industrial customers with EnergyHub’s experience building some of North America’s largest residential VPPs for more than 60 utility clients.
  • Together, they’re creating new opportunities for Ameren’s residential customers to earn rewards while helping keep the grid reliable and accelerating decarbonization.
  • “Our partnership with CPower enables Ameren customers to contribute to a clean, distributed energy future and rewards them for their contributions to the grid.”
    “We’re excited to partner with EnergyHub to expand our residential portfolio and further support grid reliability across North America,” said Glenn Bogarde, Senior Vice President of Sales at CPower.

CPower and EnergyHub Partner on Residential Virtual Power Plant for Ameren Customers

Retrieved on: 
Martedì, Aprile 16, 2024
Diamond, Business development, Partnership, Electricity, VPP, Midcontinent Independent System Operator, DER, MISO, Senior, Virtual power plant, Distributed generation, Community, Electric power

BALTIMORE and NEW YORK, April 16, 2024 /PRNewswire/ -- CPower Energy ("CPower"), the leading, national Distributed Energy Resource (DER) monetization and Virtual Power Plant (VPP) provider, and EnergyHub, a top grid-edge flexibility and VPP provider to utilities and markets, today launched a new residential VPP partnership available to 1.2 million Ameren Illinois customers in more than 1,200 communities across Midcontinent Independent System Operator (MISO), the U.S. midwestern grid operator. 

Key Points: 
  • The partnership combines CPower's multi-year experience working with Ameren Illinois commercial and industrial customers with EnergyHub's experience building some of North America's largest residential VPPs for more than 60 utility clients.
  • Together, they're creating new opportunities for Ameren's residential customers to earn rewards while helping keep the grid reliable and accelerating decarbonization.
  • "Our partnership with CPower enables Ameren customers to contribute to a clean, distributed energy future and rewards them for their contributions to the grid."
  • "We're excited to partner with EnergyHub to expand our residential portfolio and further support grid reliability across North America," said Glenn Bogarde, Senior Vice President of Sales at CPower.

Ørsted Divests Share of Four US Onshore Wind Farms to Stonepeak

Retrieved on: 
Mercoledì, Marzo 13, 2024
Environment, Finance, Utilities, Professional Services, Alternative Energy, Sustainability, Green Technology, Energy, Asset Management, Farm, Growth, SPP, MISO, Partnership, Midcontinent Independent System Operator, Ford, Wind, Senior, ERCOT, Multimedia, Renewable energy

Ørsted has signed a transaction with Stonepeak, a leading alternative investment firm specialising in infrastructure and real assets, whereby Ørsted will divest to Stonepeak an equity ownership stake in a portfolio consisting of four US onshore wind farms with a total capacity of 957 MW.

Key Points: 
  • Ørsted has signed a transaction with Stonepeak, a leading alternative investment firm specialising in infrastructure and real assets, whereby Ørsted will divest to Stonepeak an equity ownership stake in a portfolio consisting of four US onshore wind farms with a total capacity of 957 MW.
  • Going forward, Stonepeak will receive 80% of the cash distributions associated with the projects, while Ørsted will continue to operate the portfolio of assets.
  • We look forward to partnering closely with Ørsted on this highly contracted, geographically diverse portfolio.”
    The portfolio consists of four wind farms across three states: The Ford Ridge Wind project in Illinois, the Helena Wind and Western Trail Wind projects in Texas, and the Sunflower Wind project in Kansas.
  • Ørsted currently has a portfolio of nearly 6 GW of onshore wind, solar, and battery storage projects in operation and under construction across the US.

Ørsted divests share of four US onshore wind farms to Stonepeak

Retrieved on: 
Mercoledì, Marzo 13, 2024
Senior, MISO, ERCOT, Growth, Ford, Midcontinent Independent System Operator, SPP, Farm, Wind, Partnership, Renewable energy

Through the partnership with Stonepeak, Ørsted will recycle capital to support its business plan and future value-creating renewable energy projects.

Key Points: 
  • Through the partnership with Stonepeak, Ørsted will recycle capital to support its business plan and future value-creating renewable energy projects.
  • Ørsted has signed a transaction with Stonepeak, a leading alternative investment firm specialising in infrastructure and real assets, whereby Ørsted will divest to Stonepeak an equity ownership stake in a portfolio consisting of four US onshore wind farms with a total capacity of 957 MW.
  • Going forward, Stonepeak will receive 80 % of the cash distributions associated with the projects, while Ørsted will continue to operate the portfolio of assets.
  • Ørsted currently has a portfolio of nearly 6 GW of onshore wind, solar, and battery storage projects in operation and under construction across the US.

Energy Regulatory Lawyer Ruta Kalvaitis Skučas Joins Crowell & Moring

Retrieved on: 
Giovedì, Gennaio 18, 2024
Nature, General counsel, Environment, K&L Gates, Policy, Lawyer, Electricity, Ministry of Energy, University, Private practice, D.C, Midcontinent Independent System Operator, Crowell & Moring, PJM Interconnection, Nonprofit organization, FERC, Federal Energy Regulatory Commission, Growth, Public utility

WASHINGTON, Jan. 18, 2024 /PRNewswire/ -- Ruta Kalvaitis Skučas has joined Crowell & Moring as a partner in the firm's Environment, Energy, and Natural Resources Practice Group.

Key Points: 
  • WASHINGTON, Jan. 18, 2024 /PRNewswire/ -- Ruta Kalvaitis Skučas has joined Crowell & Moring as a partner in the firm's Environment, Energy, and Natural Resources Practice Group.
  • She brings more than two decades of experience advising clean energy developers, traders, and technology companies on energy issues before the Federal Energy Regulatory Commission (FERC), the U.S. Department of Energy, and state public utility commissions.
  • Skučas focuses on electric and natural gas matters and has extensive experience in energy trading, including on compliance and enforcement matters.
  • Her clients include clean energy developers, energy trading companies, generation and merchant transmission developers in the FERC regulatory space, non-traditional energy companies, technology companies, and emerging ventures.

Primergy Secures $300M Debt and Tax Equity Investment for Prairie Mist Solar Project

Retrieved on: 
Martedì, Novembre 28, 2023
Alternative Energy, Energy, Batteries, Technology, Utilities, Coal, MISO, PNC, Midcontinent Independent System Operator, Partnership, Norddeutsche Landesbank, PNC Financial Services, SMBC, Letter, Investment banking, Renewable energy, Primergy

Primergy Solar LLC ('Primergy'), a leading developer, owner, and operator of utility-scale solar and storage projects, announced today that it closed commitments for $300 million in debt finance and tax equity investment for the 100 MWac Prairie Mist Solar Project in Ashley County, Arkansas.

Key Points: 
  • Primergy Solar LLC ('Primergy'), a leading developer, owner, and operator of utility-scale solar and storage projects, announced today that it closed commitments for $300 million in debt finance and tax equity investment for the 100 MWac Prairie Mist Solar Project in Ashley County, Arkansas.
  • The Prairie Mist project debt financing includes a tax equity bridge loan, construction/term debt, and a letter of credit facility.
  • The debt facilities are led by a syndicate comprising of Norddeutsche Landesbank Girozentrale, Société Générale, Crédit Agricole Corporate and Investment Bank, and SMBC.
  • The Prairie Mist financing also includes a tax equity investment led by an affiliate of The PNC Financial Services Group, Inc.
    “We are pleased to have supported Primergy on the Prairie Mist financing as Coordinating Lead Arranger,” said Alejandro Lopez-Jensen, Senior Director, Project Finance at Nord/LB.

PJM Announces Executive Appointments

Retrieved on: 
Martedì, Novembre 28, 2023
Pennsylvania State University, Business continuity planning, Ancillary services (electric power), Identity, PJM Interconnection, NERC, Electricity, Demand, News, Organization, Apex, Executive, Access management, Multimedia, Asthana, Midcontinent Independent System Operator, Senior, Security, Enterprise information security architecture, Nova Southeastern University, Physical, GDI Integrated Facility Services, Policy, McElwee, Bresler, Mineral, Master of Management, PJM, Doctor of Philosophy, Humanity, Finance, Capacity, NERC CIP, Customer identity access management, Management, Renewable energy, Risk management, Science

VALLEY FORGE, Pa., Nov. 28, 2023 /PRNewswire/ -- President and CEO Manu Asthana announced today a series of organizational changes that will best equip PJM to maintain reliability and security, support competitive markets, and help prepare for the grid of the future.

Key Points: 
  • PJM will also launch an executive search for the new role of Executive Vice President – Operations, Planning & Security, created to support the expanding complexity of grid operations and planning for a system undergoing significant transition.
  • "PJM and its stakeholders have come to rely on his expertise, diligence, leadership and his willingness to listen to all viewpoints that can help PJM ensure a reliable energy transition."
  • PJM is engaged in a search for a new Executive Vice President – Operations, Planning & Security.
  • For the latest news about PJM, visit PJM Inside Lines at insidelines.pjm.com .

PJM Announces Organization Changes

Retrieved on: 
Giovedì, Novembre 2, 2023
Transmission, PJM, Federal Energy Regulatory Commission, Operation, News, Electricity, FirstEnergy, PECO, Engineering, Multimedia, Information Technology Services Agency, Air War Plans Division, Chief of Policy and Plans Department, McGlynn, ReliabilityFirst, Asthana, Planning Division, Information technology, Seiler, Urban planning, Midcontinent Independent System Operator, PJM Interconnection, Management, Cryptocurrency

VALLEY FORGE, Pa., Nov. 2, 2023 /PRNewswire/ -- PJM announced today that Kenneth S. Seiler, Sr. Vice President – Planning, will retire April 1, 2024, following a distinguished career for the nation's largest regional transmission organization.

Key Points: 
  • VALLEY FORGE, Pa., Nov. 2, 2023 /PRNewswire/ -- PJM announced today that Kenneth S. Seiler, Sr. Vice President – Planning, will retire April 1, 2024, following a distinguished career for the nation's largest regional transmission organization.
  • "We are grateful for Ken's many contributions to the entire organization and employees over the past 23 years," said Manu Asthana, President and CEO.
  • Prior to joining PJM, Seiler was employed by Metropolitan Edison Company/GPU Energy for nearly 14 years in various engineering and operations roles.
  • For the latest news about PJM, visit PJM Inside Lines at insidelines.pjm.com .

Fortis Inc. Releases Third Quarter 2023 Results

Retrieved on: 
Venerdì, Ottobre 27, 2023
TEP, Government, Gold, BCUC, AUC, Government of Canada, FortisBC, Coal, Saunders-Roe Princess, MISO, Fortis, ITC, Carbon, Arizona Corporation Commission, ROE, GAAP, Midcontinent Independent System Operator, Investment, Other Electricities, Ministry of Energy (Alberta), PAR, Growth, Common, National Capital Planning Commission, Inflation Reduction Act of 2022, PBR, Income tax, Silver, Non-U.S. operators of the M60 Patton, Corporation, Electricity, Economic development, GHG, Lake Erie, Inflation, Acceleration, Renewable energy, Airline, Bank, Reinsurance

ST. JOHN'S, Newfoundland and Labrador, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its third quarter results1.

Key Points: 
  • In August 2023, FortisBC Energy commenced construction of the Eagle Mountain Woodfibre Gas Line project.
  • In October 2023, TEP announced the Roadrunner Reserve project, the largest battery energy storage system in TEP's portfolio.
  • The ROE for 2024 is expected to be determined in the fourth quarter of 2023, with updates annually thereafter.
  • Fortis presents these non-U.S. GAAP measures because management and external stakeholders use them in evaluating the Corporation's financial performance and prospects.

Voltus Drives Energy Transition Victory as Missouri Commission Votes Unanimously to Support Consumer Access to Wholesale Power Markets

Retrieved on: 
Lunedì, Ottobre 16, 2023
Storm, DER, Michigan Public Service Commission, DTE Energy, Missouri Public Service Commission, SPP, VPP, Weather, MPSC, February 13–17, 2021 North American winter storm, Electricity, GW, Midcontinent Independent System Operator, MISO, Walmart, SAN, Consumers Energy, Bundesverband der Energie- und Wasserwirtschaft, Monolithic kernel, FERC, Electric power, Renewable energy

On October 12, 2023, the Missouri Public Service Commission (MPSC) unanimously ruled to reverse their FERC Order 719 opt-out .

Key Points: 
  • On October 12, 2023, the Missouri Public Service Commission (MPSC) unanimously ruled to reverse their FERC Order 719 opt-out .
  • Missouri’s Public Service Commission opted out of FERC Order 745 in 2010 ( Order Temporarily Prohibiting the Operation of Aggregators of Retail Customers ).
  • In February of 2021, the MPSC invited comments on how the commission should respond to FERC Order 2222.
  • Voltus, Walmart, and other parties participated in workshops and submitted briefs in support of reversing the opt-out.