Electric power transmission systems

Nuvve and Stonepeak Finalize "Levo" Joint Venture Providing up to $750 Million in Funding to Electrify Fleets

Retrieved on: 
Wednesday, August 4, 2021

By enabling EVs to serve as "storage on wheels," Nuvve helps integrate renewables and stabilize the grid.

Key Points: 
  • By enabling EVs to serve as "storage on wheels," Nuvve helps integrate renewables and stabilize the grid.
  • Nuvve CEO & Chairman, Gregory Poilasne, commented, "We are pleased to complete the formation of Levo with our partners Stonepeakand Evolve.
  • Stonepeak and Evolve plan to deploy up to an aggregate $750 million capital commitment to Levo.
  • Nuvve Holding Corp. (Nasdaq: NVVE) (Nuvve) is accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) technology.

Sunnova, National Grid and SolarEdge Partner to Leverage DERs for New England’s Grid

Retrieved on: 
Tuesday, July 27, 2021

Sunnova and SolarEdge will provide voltage support across Massachusetts and Rhode Island, proving that distributed resources can unlock additional value to ratepayers.

Key Points: 
  • Sunnova and SolarEdge will provide voltage support across Massachusetts and Rhode Island, proving that distributed resources can unlock additional value to ratepayers.
  • This first of its kind solution aims to save homeowners money, increase New Englands grid efficiency and support National Grid on its path to achieving Net Zero by 2050.
  • To create the grid of tomorrow, DERs, especially solar and battery storage, will need to work together to support the grid in meeting its energy objectives while providing consumers with energy independence.
  • National Grids continued efforts to further integrate distributed energy resources will be accelerated by this effort which will leverage DERs interconnected to the grid to optimize power quality, which will reduce costs for all customers, said John Isberg, Vice President of Customer Sales and Solutions at National Grid.

More Interregional Transmission Could Have Saved Nearly $1 Billion, Preserved Power for 200,000 Homes During Texas Freeze

Retrieved on: 
Thursday, July 22, 2021

The report, Transmission Makes the Power System Resilient to Extreme Weather, details the value additional transmission would have provided during five severe weather events in Texas, the Northeast and the Midwest between 2014 and 2021.

Key Points: 
  • The report, Transmission Makes the Power System Resilient to Extreme Weather, details the value additional transmission would have provided during five severe weather events in Texas, the Northeast and the Midwest between 2014 and 2021.
  • "This report demonstrates that we are already paying an enormous price for our lack of interregional transmission, and that the benefits of a robust transmission grid would quickly surpass the cost of constructing new lines.
  • Texas heat wave in August 2019 Each additional GW of transmission ties between ERCOT and the Southeastern U.S. could have saved consumers nearly $75 million.
  • Transmission Makes the Power System Resilient to Extreme Weather was commissioned by ACORE and authored by Grid Strategies LLC.

Voltus Exceeds Its Commitment to Provide Needed Demand Relief to the MISO Grid During June Extreme Weather Event

Retrieved on: 
Monday, July 19, 2021

LMR was called by MISO in response to unplanned generator outages and higher than expected electricity demand linked to a heatwave throughout the Midwestern US.

Key Points: 
  • LMR was called by MISO in response to unplanned generator outages and higher than expected electricity demand linked to a heatwave throughout the Midwestern US.
  • A portion of Voltus's MISO DER portfolio delivered over 400 megawatts (MWs) of grid relief during the three hour LMR dispatch, significantly exceeding its commitment.
  • "Voltus exists to reinforce and support the reliability of our electric grid during these increasingly frequent extreme weather events," explains Gregg Dixon, Voltus CEO and Co-founder.
  • "Voltus mobilizes distributed energy resources (DERs) that would otherwise be sitting idle to contribute to the stability of the grid," continues Dixon.

Revel Plugs Into GridRewards™ to Help Decarbonize NYC’s Electric Grid

Retrieved on: 
Wednesday, July 14, 2021

To support grid reliability, electric mobility companies can serve as virtual power plants by providing valuable real-time services to the grid.

Key Points: 
  • To support grid reliability, electric mobility companies can serve as virtual power plants by providing valuable real-time services to the grid.
  • View the full release here: https://www.businesswire.com/news/home/20210714005753/en/
    During the recent heatwave, Revel dynamically adjusted the timing of its charging operations when NYCs electric grid needed it most.
  • (Photo: Business Wire)
    Revel is partnering with GridRewards , a groundbreaking virtual power plant software, to dynamically adjust the charging schedule of its electric moped fleet to enhance the resilience of New York Citys electric grid.
  • In addition to supporting grid resilience, the partnership between Revel and GridRewardsTM is supporting a cleaner grid.

Cyberhawk's Expert Drone-Based Inspection Provides Utilities an Enhanced Approach to Wildfire Mitigation

Retrieved on: 
Tuesday, July 13, 2021

Through a proactive approach to inspection, the company's services have been successfully deployed globally.

Key Points: 
  • Through a proactive approach to inspection, the company's services have been successfully deployed globally.
  • With this initiative, Cyberhawk has now further demonstrated its effectiveness as they have expanded into the U.S market to help utilities maintain safe and resilient power grid networks.
  • The U.S. power grid is one of the oldest in the world, with 70 percent of transmission lines more than 25 years old.
  • Inspecting and maintaining these aging power grids are incredibly important, especially when it comes to mitigating the risk of wildfires.

RTO Reckoning: White Paper Examines How Industry and Policy Trends Undermine RTOs, Cautions Against One-Size-Fits-All Mandates

Retrieved on: 
Tuesday, July 13, 2021

This white paper examines whether the RTO model is well suited to handle demands that undermine the RTO paradigm itself.

Key Points: 
  • This white paper examines whether the RTO model is well suited to handle demands that undermine the RTO paradigm itself.
  • According to the white paper, RTOs are struggling under the weight of electricity industry changes that have occurred since the RTOs were designed more than two decades ago.
  • Especially troublesome are issues related to price formation which, under the RTO model, are misaligned with many of the public policies that seek to advance grid decarbonization.
  • These trends are chipping away at the foundation of the RTO model itself and call into question the commodification of electricity which is the principle underpinning how RTO markets buy, sell and deliver electricity.

State’s Grid Operator Asks Electric Customers Across California to Conserve Power Today from 4-9 p.m.

Retrieved on: 
Monday, July 12, 2021

The grid operators statewide Flex Alert for Monday asks all Californians to work together and conserve electricity.

Key Points: 
  • The grid operators statewide Flex Alert for Monday asks all Californians to work together and conserve electricity.
  • The grid operator noted that when Flex Alerts were called on Friday and Saturday, Pacific Gas and Electric Company (PG&E) customers and other Californians significantly reduced their energy use.
  • That allowed the grid operator to avoid or limit possible rotating power outages that can become necessary when demand for electricity outstrips capacity.
  • It caused transmission lines to trip off on Friday and again Saturday, limiting electricity flow from the Pacific Northwest to California and other states.

State’s Grid Operator Asks Electric Customers Across California to Conserve Power Saturday from 4 p.m. to 9 p.m.

Retrieved on: 
Saturday, July 10, 2021

The Flex Alert, called by the California Independent System Operator (CAISO), was issued Friday and extended to Saturday from 4 p.m. to 9 p.m.

Key Points: 
  • The Flex Alert, called by the California Independent System Operator (CAISO), was issued Friday and extended to Saturday from 4 p.m. to 9 p.m.
  • The grid operator noted that when Flex Alerts were called last month, consumers united to significantly reduce their energy use.
  • That allowed the grid operator to avoid or limit possible rotating power outages that can become necessary when demand for electricity outstrips capacity.
  • The grid operators statewide Flex Alert for Saturday asks all Californians to work together and conserve electricity.

DC power transmission superconducting cable technology: ASG signs Memorandum of Understanding with Chubu University

Retrieved on: 
Wednesday, July 7, 2021

GENOA, Italy, July 7, 2021 /PRNewswire/ -- Chubu University and ASG Superconductors announce their joint signing a Memorandum of Understanding to expedite the development and promotion of superconducting cable technology for DC power transmission over long distances.

Key Points: 
  • GENOA, Italy, July 7, 2021 /PRNewswire/ -- Chubu University and ASG Superconductors announce their joint signing a Memorandum of Understanding to expedite the development and promotion of superconducting cable technology for DC power transmission over long distances.
  • Towards a greener and more sustainable world, DC superconducting power transmission is expected to play a significant role in power grids, smart cities and green ports and all power-hungry areas and activities positively affected by an electrification, particularly when renewable energies will represent the vast majority of the power production.
  • Chubu University, supported by Japanese government and industries, has promoted development of superconducting DC transmission technologies for more than 15 years for implementation into society, included the construction and operation of the world's longest class 1,000-m DC transmission line and 500-m line that demonstrate power transmission from a solar power plant to an internet data centre.
  • "This agreement is another important step to improve our positioning in developing innovative superconducting cable technology," said Sergio Frattini, ASG Superconductors CEO.