PacifiCorp

Former Large-Scale Utility CEO Gary Hoogeveen Joins Torus Board

Retrieved on: 
월요일, 5월 6, 2024

Torus Inc. announced the appointment of Gary Hoogeveen, an esteemed leader in the energy market and the former CEO of large-scale energy provider Rocky Mountain Power, to its board of advisors.

Key Points: 
  • Torus Inc. announced the appointment of Gary Hoogeveen, an esteemed leader in the energy market and the former CEO of large-scale energy provider Rocky Mountain Power, to its board of advisors.
  • Hoogeveen brings critical knowledge of energy infrastructure, strategic vision, and specialty expertise in modern energy solutions to Torus.
  • I am thrilled to join the Torus Board of Advisors as they drive toward this essential mission,” said Hoogeveen.
  • “Adding Gary to our board gives Torus a major strategic advantage,” said Nate Walkingshaw, Torus CEO and co-founder.

Rally Outside Berkshire Hathaway Shareholder Meeting Highlights Multi-State, Anti-Consumer Energy Policy

Retrieved on: 
토요일, 5월 4, 2024

OMAHA, Neb., May 4, 2024 /PRNewswire/ -- Outside of Berkshire Hathaway's annual shareholder meeting today, nonprofit organizations hosted a rally to raise awareness about the anti-consumer policies of the company's energy division. The energy utilities run by Berkshire, unlike other companies in the Berkshire portfolio, have complete monopolies over their service territory. 

Key Points: 
  • OMAHA, Neb., May 4, 2024 /PRNewswire/ -- Outside of Berkshire Hathaway's annual shareholder meeting today, nonprofit organizations hosted a rally to raise awareness about the anti-consumer policies of the company's energy division.
  • The energy utilities run by Berkshire, unlike other companies in the Berkshire portfolio, have complete monopolies over their service territory.
  • Berkshire Hathaway Energy owns and operates utilities serving 11 states across the U.S., including PacifiCorp (Western U.S.), MidAmerican Energy (Iowa), and NV Energy (Nevada).
  • Greg Abel, Chairman and CEO of Berkshire Hathaway Energy, has been named as Berkshire Chairman Warren Buffet's successor.

Intermountain Health Celebrates First Year of Innovative Center This Earth Day, Demonstrating Significantly Reducing Energy Use and Carbon Footprint

Retrieved on: 
월요일, 4월 22, 2024

The ROC’s system uses billions of data points to track energy use and find inefficiencies in systems not working properly.

Key Points: 
  • The ROC’s system uses billions of data points to track energy use and find inefficiencies in systems not working properly.
  • In a facility as large as a hospital, inefficiencies can be hard to find and often aren’t discovered until something breaks down.
  • Through the program Intermountain Health received technical guidance, and incentives for reducing its energy consumption.
  • In the first year the center saved around $300,000 in gas and electricity cost, with other savings coming from extended equipment life, and utility incentives.

Torus Secures $67 Million in Venture Financing to Advance Energy Storage and Energy Management Platform

Retrieved on: 
수요일, 4월 3, 2024

Torus is a modern global energy solutions company that designs, engineers, and manufactures energy storage and management products for the residential, commercial, and large-scale utility sectors.

Key Points: 
  • Torus is a modern global energy solutions company that designs, engineers, and manufactures energy storage and management products for the residential, commercial, and large-scale utility sectors.
  • This progress marks a major step towards a future where renewable energy storage and management is accessible for all."
  • Energy Management: Torus provides an advanced energy storage and management system designed, engineered, and manufactured in Utah.
  • Torus is a Utah-based energy solutions company, focused on making renewable energy storage and management more efficient, affordable, and sustainable.

Portland General Electric announces intent to join CAISO EDAM regional energy market to benefit customers, environment

Retrieved on: 
목요일, 3월 21, 2024

PORTLAND, Ore., March 21, 2024 /PRNewswire/ -- Portland General Electric (NYSE:POR) announced plans to join the California Independent System Operator's (CAISO) Extended Day-Ahead Market (EDAM) to help provide Portland General Electric (PGE) and the customers it serves with access to more affordable, reliable and clean energy.

Key Points: 
  • Participation in California Independent System Operator (CAISO) Extended Day-Ahead Market (EDAM) to enhance affordability, reliability and access to clean power.
  • PORTLAND, Ore., March 21, 2024 /PRNewswire/ -- Portland General Electric (NYSE:POR) announced plans to join the California Independent System Operator's (CAISO) Extended Day-Ahead Market (EDAM) to help provide Portland General Electric (PGE) and the customers it serves with access to more affordable, reliable and clean energy.
  • Cost benefit analysis research commissioned by PGE concluded the EDAM is likely to provide the greatest economic benefit compared to alternative market options.
  • The EDAM extends the success of CAISO's Western Energy Imbalance Market (WEIM), a real-time, wholesale energy market that PGE joined in 2017 and that produces cost savings for PGE customers.

Green River Energy Center Quadruples Storage Capacity, Establishing Project as One of the Largest Solar + Storage Systems Under Development in the US

Retrieved on: 
수요일, 3월 6, 2024

The Green River Energy Center stands as the largest planned solar-plus-storage facility in Utah and ranks among the most expansive energy facilities within the PacifiCorp system -- the largest grid operator in the western United States. Compared to American Clean Power’s Q3 2023 quarterly market report, it is also the seventh largest solar-plus-storage project currently under advanced development in the United States (“advanced development” equates to: an offtake agreement, build-transfer agreement or firm equipment order secured), boasting a greater capacity than any fully operational solar-plus-storage project.

Key Points: 
  • The project involves capital investment of more than one billion dollars and will commence construction in Q2 2024. rPlus plans to bring Green River Energy Center to market for tax and debt financing later this year.
  • “After a decade-long, successful partnership, this milestone project marks the third contracted collaboration between rPlus and PacifiCorp,” said Luigi Resta, rPlus President and CEO.
  • The Green River Energy Center is expected to generate approximately 500 construction jobs over the course of development.
  • Green River Energy Center has selected Sundt Construction to provide engineering, procurement, and construction services.

Greenbacker Capital Management’s largest clean energy asset to date enters commercial operation

Retrieved on: 
수요일, 2월 14, 2024

NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Greenbacker Capital Management (“GCM” or, together with its affiliates, “Greenbacker”), a leading renewable energy asset manager, announced today that its 240 MWdc / 200 MWac utility-scale Appaloosa Solar 1 (“Appaloosa”) project has entered commercial operation in Iron County, Utah.

Key Points: 
  • NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Greenbacker Capital Management (“GCM” or, together with its affiliates, “Greenbacker”), a leading renewable energy asset manager, announced today that its 240 MWdc / 200 MWac utility-scale Appaloosa Solar 1 (“Appaloosa”) project has entered commercial operation in Iron County, Utah.
  • With more than twice the power generation capacity of its sister project— Greenbacker Renewable Energy Company’s 104 MWdc / 80 MWac Graphite Solar in Carbon County, Utah—Appaloosa is now Greenbacker’s largest operational clean energy asset to date.
  • While the project represents a new milestone for GCM and minority owner rPlus Energies, LLC (“rPlus”), it’s also a landmark for the clean energy industry.
  • The project began delivering solar energy on January 24, 2024, helping contribute to Meta’s 100% renewable energy and net zero goals.

Tract announces acquisition of 668 acres in Eagle Mountain, UT, promising further investment for data center campuses

Retrieved on: 
목요일, 1월 18, 2024

DENVER, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Tract , a developer of master-planned data center parks, today announced that it has completed the acquisition of more than 668 acres of land in Eagle Mountain, UT.

Key Points: 
  • DENVER, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Tract , a developer of master-planned data center parks, today announced that it has completed the acquisition of more than 668 acres of land in Eagle Mountain, UT.
  • To enable speed and certainty for initial development on the site, Tract is working with Rocky Mountain Power to deliver more than 400 megawatts via new transmission infrastructure by 2028.
  • “Building on Utah’s data center sales tax exemption and low power rates, Eagle Mountain has distinguished itself through thoughtful planning and having sufficient contiguous land to meet the campus needs of tomorrow.
  • “Resource-conscious data center expansion can help ensure economic prosperity for the State of Utah, today and in the future.”

Keller Rohrback L.L.P.: Portland Jury Awards $85M Judgment to 9 Victims of Labor Day 2020 Fires in First PacifiCorp Damage Phase Trials

Retrieved on: 
수요일, 1월 24, 2024

A jury in Portland, Oregon awarded approximately $84 million in compensation from PacifiCorp to nine survivors of the fires that swept across Oregon on Labor Day 2020.

Key Points: 
  • A jury in Portland, Oregon awarded approximately $84 million in compensation from PacifiCorp to nine survivors of the fires that swept across Oregon on Labor Day 2020.
  • Through three days of testimony, the victims of the Labor Day Fire recounted the horrific stories of fleeing the fires and the losses they suffered.
  • “We are committed to getting as much compensation as possible for Labor Day fire survivors as expeditiously as possible.
  • We thank the jury for holding PacifiCorp accountable,” said Cody Berne , lead trial attorney for Stoll Berne in the case.

Bidgely Hits Record Sales Milestone in 2023 – Delivering UtilityAI Platform-Driven Value to Both Existing and New Customers

Retrieved on: 
월요일, 1월 22, 2024

A significant proportion of this uptick was driven by Bidgely’s existing customer base expanding their adoption of Bidgely’s energy artificial intelligence (AI) solutions.

Key Points: 
  • A significant proportion of this uptick was driven by Bidgely’s existing customer base expanding their adoption of Bidgely’s energy artificial intelligence (AI) solutions.
  • View the full release here: https://www.businesswire.com/news/home/20240122268983/en/
    Bidgely achieved its highest ever new annual sales in 2023 as the company supports fundamental shifts in the utility industry.
  • They’re accomplishing the same outcomes from one vendor with less IT burden and lower costs overall,” said Abhay Gupta, CEO of Bidgely.
  • Bidgely also hosted two UtilityAI Executive Innovation Collaborative (UEIC) events in 2023.