Distributed generation

Global Virtual Power Plants Strategic Business Report 2023: Market to Reach $3.7 Billion by 2030 - Growing Digitalization of Energy to Further Spur the Rise of VPPs - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 19, 2023

The "Virtual Power Plants - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Virtual Power Plants - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Virtual Power Plants estimated at US$556.1 Million in the year 2022, is projected to reach a revised size of US$3.7 Billion by 2030, growing at a CAGR of 26.5% over the analysis period 2022-2030.
  • Demand Response, one of the segments analyzed in the report, is projected to record 26.2% CAGR and reach US$2.8 Billion by the end of the analysis period.
  • Growth in the Distributed Generation segment is estimated at 24.5% CAGR for the next 8-year period.

Global Virtual Power Plants Strategic Business Report 2023-2030: Concept of Blockchain-Based Decentralized Virtual Power Plants Gains Momentum & Preeminence

Retrieved on: 
Tuesday, October 17, 2023

DUBLIN, Oct. 17, 2023 /PRNewswire/ -- The "Virtual Power Plants - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 17, 2023 /PRNewswire/ -- The "Virtual Power Plants - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Virtual Power Plants estimated at US$556.1 Million in the year 2022, is projected to reach a revised size of US$3.7 Billion by 2030, growing at a CAGR of 26.5% over the analysis period 2022-2030.
  • Demand Response, one of the segments analyzed in the report, is projected to record 26.2% CAGR and reach US$2.8 Billion by the end of the analysis period.
  • Growth in the Distributed Generation segment is estimated at 24.5% CAGR for the next 8-year period.

Fundamentals of The Texas ERCOT Electric Power Market: Register Now for the 2 Day Industry Seminar (Houston, United States - December 7-8, 2023) - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 12, 2023

The "Fundamentals of The Texas ERCOT Electric Power Market" training has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Fundamentals of The Texas ERCOT Electric Power Market" training has been added to ResearchAndMarkets.com's offering.
  • Gain an understanding of the dynamic Texas wholesale and retail competitive markets, and learn how these markets interface with ERCOT ISO energy auctions and ISO operations.
  • Understand, enhance and apply knowledge of the ERCOT' nodal market operations for Energy, Ancillary Services, Market Settlements, Capacity, Retail and Renewables.
  • The key wholesale and retail stakeholders and market participants are, and how their activities shape ERCOT's operations.

CPower Commends Missouri Public Service Commission for Expanding Access to Virtual Power Plants

Retrieved on: 
Monday, October 16, 2023

BALTIMORE, Oct. 16, 2023 /PRNewswire/ -- CPower Energy ("CPower"), the leading, national Distributed Energy Resource (DER) monetization and Virtual Power Plant (VPP) provider, today announced its support of the Missouri Public Service Commission's ("the Commission") decision to spur the development of VPPs in Missouri.  The Commission's Order allows commercial and industrial customers across all of Missouri's investor-owned utilities to work with VPP providers to participate in demand response programs available from the state's two regional grid operators, the Midcontinent Independent System Operator (MISO) and the Southwest Power Pool.

Key Points: 
  • CPower actively participated in the proceeding that resulted in the recent Order, and looks forward to working with the Commission and Missouri utilities to continue bringing innovative solutions to customers.
  • "We applaud the Missouri Public Service Commission for its leadership in being the first MISO state with a traditional regulatory model to allow VPP providers and customers to contribute to grid reliability.
  • This is innovation in action as a direct result of advances in public policy," said Peter Dotson-Westphalen, Senior Director – Regulatory & Government Affairs, CPower.
  • "We hope other Midwest states will take a look at what Missouri is doing to unlock the benefits of VPPs.

Post Script Media Announces Expansion and Rebrand to Latitude Media

Retrieved on: 
Monday, October 16, 2023

BOSTON, Oct. 16, 2023 /PRNewswire/ -- Post Script Media, a business-to-business (B2B) media and market intelligence firm, announced its expansion of services and rebrand to Latitude Media today. Latitude Media will cover the next generation of climate technology through industry news, podcasts, research, and events. Co-founders, Scott Clavenna and Stephen Lacey, previously of Greentech Media, are backed by Prelude Ventures, a venture capital firm that supports early-stage climate startups across a range of sectors. Scale Microgrids joins them as launch sponsor.

Key Points: 
  • Latitude Media is a B2B news, research, and events company focused on the new frontiers of clean energy and climate technology
    BOSTON, Oct. 16, 2023 /PRNewswire/ -- Post Script Media, a business-to-business (B2B) media and market intelligence firm, announced its expansion of services and rebrand to Latitude Media today.
  • "Post Script Media, a media and market intelligence firm, announced its expansion and rebrand to Latitude Media today."
  • Latitude Events, Latitude Intelligence, and Latitude Studios (coming soon) complete the Latitude Media portfolio of media and professional services.
  • Latitude Media is also launching a new podcast, The Latitude , which will feature coverage of the business and tech trends that are reshaping energy and decarbonization, straight from the Latitude Media newsroom.

PG&E Launches Microgrid Incentive Program with $79 Million in Project Funding

Retrieved on: 
Wednesday, October 11, 2023

OAKLAND, Calif., Oct. 11, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) today announced the launch of its Microgrid Incentive Program (MIP) and handbook, providing funding, expertise and guidance for building community, local and tribal government-proposed multi-customer microgrids.

Key Points: 
  • The MIP is a new, statewide $200 million competitive grant program which will fund clean-energy community microgrids in disadvantaged and vulnerable communities.
  • The California Public Utilities Commission authorized and approved the new program, allocating $79.2 million in project funding for PG&E, $83.3 million for Southern California Edison, and $17.5 million for San Diego Gas and Electric.
  • Projects selected under the MIP can receive up to $15 million in award funding each for the design and development of a multi-customer, front-of-the-meter community microgrid.
  • The Redwood Coast Airport Microgrid is the first fully renewable, multi-customer microgrid deployed in PG&E's service area.

Aderis Energy, LLC Implements Low-Cost Power Plant Controller to Meet Duke Energy's RCCV Requirements at Distribution Scale

Retrieved on: 
Wednesday, October 4, 2023

CORNELIUS, N.C., Oct. 4, 2023 /PRNewswire/ -- Aderis Energy, LLC proudly announces the successful implementation and testing of their Aderis Acuity PPC™, meeting Duke Energy's Reactive Capability and Control Verification (RCCV) requirements.

Key Points: 
  • CORNELIUS, N.C., Oct. 4, 2023 /PRNewswire/ -- Aderis Energy, LLC proudly announces the successful implementation and testing of their Aderis Acuity PPC™, meeting Duke Energy's Reactive Capability and Control Verification (RCCV) requirements.
  • Aderis Energy successfully implements its Power Plant Controller for C&I, Distributed Generation & Utility Scale sites.
  • Unique in the market, the Aderis Acuity PPC™ is tailored to meet the challenges associated with deployment on small scale projects.
  • Configuration-based, Acuity is the perfect foundation for the Aderis Acuity PPC™ power plant controller, enabling turnkey and supportable solutions for projects of any scale."

Scale Microgrids Welcomes Neil Maguire as Chief Technology Officer

Retrieved on: 
Tuesday, September 19, 2023

Scale Microgrids (“Scale”), the distributed energy company dedicated to transforming the way modern energy infrastructure is designed, constructed, and financed, is thrilled to announce the appointment of Neil Maguire as its new Chief Technology Officer (CTO).

Key Points: 
  • Scale Microgrids (“Scale”), the distributed energy company dedicated to transforming the way modern energy infrastructure is designed, constructed, and financed, is thrilled to announce the appointment of Neil Maguire as its new Chief Technology Officer (CTO).
  • Neil brings a wealth of experience and a proven track record in the energy and technology sectors, making him an invaluable addition to the Scale team.
  • Neil Maguire joins Scale with an impressive background, having previously served as the CTO of Schneider Electric’s Prosumer business and co-founder and CTO of Clipsal Solar, a Schneider Electric-funded venture specializing in home energy management solutions, before that.
  • To succeed, we’re building the best team in our industry,” said Ryan Goodman, Chief Executive Officer and Co-founder of Scale Microgrids.

Linux Foundation Energy Announces New Software Releases, Research, and Growing Deployments to Support Increasing Open Source Innovation in the Energy Sector

Retrieved on: 
Tuesday, September 19, 2023

BILBAO, Spain, Sept. 19, 2023 /PRNewswire/ -- Open Source Summit Europe -- LF Energy, the open source foundation focused on harnessing the power of collaborative software and hardware technologies to decarbonize our global economies, is announcing recent momentum including five new members, six significant software releases, three research reports, and participation in multiple industry events. These announcements demonstrate the growing community commitment to LF Energy and its mission of creating a technology ecosystem to support rapid decarbonization.

Key Points: 
  • These announcements demonstrate the growing community commitment to LF Energy and its mission of creating a technology ecosystem to support rapid decarbonization.
  • Open source is experiencing tremendous momentum in the energy sector after years of innovation.
  • "Open source is experiencing tremendous momentum in the energy sector after years of innovation," said Arpit Joshipura, Interim Executive Director, LF Energy, "Software, community, projects, and deployments are all experiencing growth.
  • Additionally, 64% of energy stakeholders use more open source software than closed source, however a plurality (43%) believe energy industry consensus is still key to increasing OSS adoption.

Simulation Software Market worth $33.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, September 13, 2023

The exponential growth of Gaming, Augmented Reality (AR), Virtual Reality (VR), and Training Simulation Software in the Simulation Software Market can be attributed to its versatility and transformative impact.

Key Points: 
  • The exponential growth of Gaming, Augmented Reality (AR), Virtual Reality (VR), and Training Simulation Software in the Simulation Software Market can be attributed to its versatility and transformative impact.
  • Engineering, research, modeling, and simulated testing collectively dominate the Simulation Software Market due to its critical role in accelerating innovation while reducing costs and risks.
  • Engineering relies heavily on simulation software to design and optimize complex systems in aerospace, automotive, or civil engineering.
  • To describe and forecast the global Simulation Software Market by offering, software type, deployment mode, application, vertical, and region.