ISO New England

Advantage Capital Names Steven Lichtin as CEO of Advantage Renewables

Retrieved on: 
Martedì, Maggio 21, 2024

Advantage Capital, a leading impact investment firm, today announced it has named energy executive Steven Lichtin as Managing Director and Chief Executive Officer of Advantage Renewables.

Key Points: 
  • Advantage Capital, a leading impact investment firm, today announced it has named energy executive Steven Lichtin as Managing Director and Chief Executive Officer of Advantage Renewables.
  • In this capacity, Lichtin will lead and oversee the firm’s growing renewable energy development platform.
  • A seasoned clean energy developer, Lichtin brings nearly 15 years of experience developing solar and energy storage projects in various markets across the U.S.
  • Lichtin earned his MBA in Sustainability from Bard College and his BA in Economics from Vanderbilt University.

PJM, Penn State and ISO-NE Awarded DOE Grant To Improve Market Design

Retrieved on: 
Martedì, Aprile 30, 2024

VALLEY FORGE, Pa., April 30, 2024 /PRNewswire/ -- A collaborative project among PJM Interconnection, Penn State and ISO New England has won funding from a U.S. Department of Energy program designed to develop and improve wholesale electricity markets.

Key Points: 
  • Penn State was awarded up to $815,959 in a three-year grant to identify market design changes to efficiently integrate batteries and other nontraditional resources that operate with changing real-time constraints on a grid that is experiencing more uncertainty in electricity demand, or load.
  • The project will use a realistic market simulation model with PJM and ISO-NE to achieve the best performance across the objectives of reliability, efficiency and investment incentives.
  • "We look forward to collaborating with Penn State and ISO New England on this important program," said Stu Bresler, PJM Executive Vice President – Market Services and Strategy.
  • "ISO New England is proud to partner with Penn State and our colleagues at PJM on this exciting project."

Transmission and Resource Planning Expert Akarsh Sheilendranath Rejoins The Brattle Group as Principal

Retrieved on: 
Martedì, Aprile 23, 2024

BOSTON, April 23, 2024 /PRNewswire/ -- The Brattle Group has welcomed Akarsh Sheilendranath to its Boston, MA office as a Principal in the firm's Electricity Wholesale Markets & Planning practice.

Key Points: 
  • BOSTON, April 23, 2024 /PRNewswire/ -- The Brattle Group has welcomed Akarsh Sheilendranath to its Boston, MA office as a Principal in the firm's Electricity Wholesale Markets & Planning practice.
  • Mr. Sheilendranath, who previously worked at Brattle and will be based in Houston, specializes in electric transmission, regulatory corporate finance, and resource planning and strategy.
  • "We are thrilled to welcome Akarsh back to Brattle," said Torben Voetmann, Brattle President & Principal.
  • This includes cost of capital and risk assessments, transmission policy, utility resource planning, renewables and electric storage valuation, investment strategy, resource adequacy matters, and electricity market rules and tariffs.

Elevate Renewables’ Battery Energy Storage Projects at Existing Power Plants in Connecticut Expected to Enhance Reliability in ISO New England Region and Accelerate Clean Energy Transition

Retrieved on: 
Martedì, Aprile 2, 2024

BOSTON, April 02, 2024 (GLOBE NEWSWIRE) -- Elevate Renewables ("Elevate" or the "Company"), a national renewable energy development company, is reshaping the future of the energy transition by developing utility-scale battery storage projects at existing large power generation facilities in Connecticut and across the U.S.

Key Points: 
  • BOSTON, April 02, 2024 (GLOBE NEWSWIRE) -- Elevate Renewables ("Elevate" or the "Company"), a national renewable energy development company, is reshaping the future of the energy transition by developing utility-scale battery storage projects at existing large power generation facilities in Connecticut and across the U.S.
  • The Company aims to deliver carbon-neutral electricity and maintain reliability as demand for electricity grows and the energy mix continues to evolve.
  • We believe our projects will play a key role in the overall decarbonization of thermal power plants while maintaining reliability and helping achieve the identified clean energy goals in New England," said Corey Juhl, VP of Development at Elevate.
  • Elevate’s battery energy storage systems (BESS) will assist the integration of large amounts of offshore wind and other intermittent resources, provide grid-supporting services, redefine grid management, and enhance resiliency in the ISO New England region and nationwide.

Avangrid Powers Up Five Vineyard Wind 1 Turbines, Delivers Clean Energy to 30,000 Massachusetts Homes

Retrieved on: 
Giovedì, Febbraio 22, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240222142511/en/
    A GE Haliade-X Turbine Stands in the Vineyard Wind 1 Project Area 15 Miles South of Martha's Vineyard, Massachusetts.
  • “Across Massachusetts, in 30,000 homes and businesses, when you turn on the light, you will now be using clean, affordable energy.
  • “The winds of change are blowing through Massachusetts, as Vineyard Wind now powers 30,000 homes in our state with clean, renewable energy,” said Senator Markey.
  • “Vineyard Wind is now delivering clean energy to the grid and our homes produced right off our shores!

Concentric Energy Advisors Welcomes Mark G. Karl as an Executive Advisor

Retrieved on: 
Giovedì, Febbraio 22, 2024

MARLBOROUGH, Mass., Feb. 22, 2024 /PRNewswire/ -- Concentric Energy Advisors, Inc. ("Concentric"), a recognized leader in management consulting services to the North American energy and water industries, continues to expand its executive-level expertise with the strategic hire of Mr. Mark G. Karl as an Executive Advisor.

Key Points: 
  • MARLBOROUGH, Mass., Feb. 22, 2024 /PRNewswire/ -- Concentric Energy Advisors, Inc. ("Concentric"), a recognized leader in management consulting services to the North American energy and water industries, continues to expand its executive-level expertise with the strategic hire of Mr. Mark G. Karl as an Executive Advisor.
  • Mr. Karl brings over four decades of energy industry experience, with a tenured history of operations in the wholesale electric market from design to implementation, including resource adequacy.
  • Before joining Concentric, Mr. Karl spent over 20 years at ISO New England, where he served as the Vice President of Market Development.
  • To learn more about career opportunities at Concentric or to receive industry news and insights, please visit Concentric's Careers page and subscribe to the Concentric Connection.

NPCC’s Winter Reliability Assessment Indicates Adequate Electricity Supplies Under Forecasted Conditions

Retrieved on: 
Martedì, Dicembre 12, 2023

Northeast Power Coordinating Council’s (NPCC’s) annual winter reliability assessment forecasts its region will have an adequate supply of electricity this winter to meet projected peak demand under a variety of forecasted weather conditions.

Key Points: 
  • Northeast Power Coordinating Council’s (NPCC’s) annual winter reliability assessment forecasts its region will have an adequate supply of electricity this winter to meet projected peak demand under a variety of forecasted weather conditions.
  • An installed winter capacity of 169,291 MW is projected to be in place to meet the forecasted electricity demand, which is 1,257 MW less than last winter.
  • “NPCC’s assessment indicates adequate capacity margins and transmission capability to meet the region’s peak demand and required operating reserves under forecasted conditions this winter,” said Charles Dickerson, President and Chief Executive Officer of NPCC.
  • ISO New England has winter reliability programs in place to address regional energy security risks if prolonged extreme weather occurs.

NPCC Announces Northeast Gas/Electric System Study

Retrieved on: 
Lunedì, Novembre 27, 2023

Today, the Northeast Power Coordinating Council (NPCC) announced the launch of a northeastern regional gas infrastructure study to evaluate fuel supply to the region’s electric generation.

Key Points: 
  • Today, the Northeast Power Coordinating Council (NPCC) announced the launch of a northeastern regional gas infrastructure study to evaluate fuel supply to the region’s electric generation.
  • The study will also reflect insight related to recent concerns presented at the June 20 New England Winter Gas-Electric FERC Forum regarding future reliability and affordability of the local gas distribution systems.
  • The independent system operators have no jurisdiction over the natural gas system and do not have the expertise to determine whether it will remain reliable as the energy industry evolves.
  • NPCC will post periodic status reports on its website at www.npcc.org .

VulnCheck Expands Executive Leadership Team to Accelerate Growth and Meet Surging Demand for Vulnerability, Threat and Exploit Intelligence

Retrieved on: 
Giovedì, Settembre 28, 2023

The senior cybersecurity experts join VulnCheck at a time of rapid growth and will help the company meet the growing demand for vulnerability, threat, and exploit intelligence.

Key Points: 
  • The senior cybersecurity experts join VulnCheck at a time of rapid growth and will help the company meet the growing demand for vulnerability, threat, and exploit intelligence.
  • “From the start, we’ve experienced explosive growth with our cyber threat intelligence services,” said Anthony Bettini, founder and CEO, VulnCheck.
  • “The new executive team has the right expertise, network, and cyber background to support the demand and help take VulnCheck to the next level.
  • To learn more about VulnCheck, its leadership and cyber threat intelligence services, visit https://vulncheck.com/ .

Convergent Energy and Power Partners with West Boylston Municipal Light Plant to Provide Cost-Reducing Battery Storage System

Retrieved on: 
Mercoledì, Settembre 27, 2023

Convergent Energy and Power (Convergent), a leading provider of energy storage solutions in North America, announced today its plans to provide Massachusetts’s municipally-owned utility company West Boylston Municipal Light Plant (WBMLP) with a battery storage system; the system is expected to stabilize costs for its customers and further insulate against rising energy costs.

Key Points: 
  • Convergent Energy and Power (Convergent), a leading provider of energy storage solutions in North America, announced today its plans to provide Massachusetts’s municipally-owned utility company West Boylston Municipal Light Plant (WBMLP) with a battery storage system; the system is expected to stabilize costs for its customers and further insulate against rising energy costs.
  • Convergent will finance, own, and operate the 3MW/9MWh utility-scale battery storage system for WBMLP, leveraging its proprietary energy storage intelligence, PEAK IQ®.
  • “West Boylston Municipal Light Plant is dedicated to keeping electricity rates stable for our customers while exceeding our greenhouse gas emission reductions goals,” says General Manager, Jon Fitch, West Boylston Municipal Light Plant.
  • We are thrilled to add a battery storage system to our clean and renewable energy mix and continue delivering cost-effective, sustainable electricity to our customers in partnership with Convergent Energy and Power.