Electric Reliability Council of Texas

Ormat Commences Commercial Operation of Two New Battery Storage Facilities for 43MW/43MWh of Cumulative Capacity

Retrieved on: 
Monday, June 26, 2023
Electric Reliability Council of Texas, ERCOT, Ormat Technologies, Electricity, PJM, Power, Andover, Business Energy Investment Tax Credit, Howell, NYSE, ORA, EBITDA, Erongo Battery Energy Storage System, Growth, ITC, Bowling Green, BESS, Renewable energy

RENO, Nev., June 26, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today announced that it has successfully commenced commercial operations for two new battery storage facilities, adding a cumulative capacity of 43MW/43MWh.

Key Points: 
  • RENO, Nev., June 26, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today announced that it has successfully commenced commercial operations for two new battery storage facilities, adding a cumulative capacity of 43MW/43MWh.
  • These storage assets were part of four facilities with a total capacity of 62MW/62MWh planned for the first half of 2023.
  • Doron Blachar, CEO of Ormat Technologies, stated "We are delighted to announce the commencement of operations of two new battery storage facilities.
  • This achievement highlights our commitment to expanding our portfolio of energy storage assets in key U.S. markets.

Holcim US Announces Milestone Solar Initiative in Michigan to Accelerate Decarbonization Efforts

Retrieved on: 
Thursday, June 15, 2023
ERCOT, Partnership, Electric Reliability Council of Texas, Senior, U.S. Department of Defense Strategy for Operating in Cyberspace, Generator, Great Lakes, TDF, Transport, Carbon, Wind, Kilowatt-hour, Natural Resources, City, Equipment service management and rental, Roosevelt, VPPA, Environment, CO2, Renewable energy, Holcim

The announcement follows the recent opening of an innovative tire-derived fuel (TDF) facility at the Alpena plant.

Key Points: 
  • The announcement follows the recent opening of an innovative tire-derived fuel (TDF) facility at the Alpena plant.
  • Holcim launched the $7.4 million initiative to safely and cleanly convert 22,000 tons of tires per year into energy to help fuel the plant.
  • The solar project's 25 MW solar array will be optimized for maximum energy yield with fixed-tilt high-performance bifacial solar panels that generate power on both the front and back sides.
  • "We're proud to tap into the power of solar to help drive Holcim US' 100 percent renewable energy goal," said Brian Hartmann, President of NorthStar Clean Energy.

Amperon launches 25% more accurate net demand forecasts

Retrieved on: 
Wednesday, June 14, 2023
PJM, Wind, Electric Reliability Council of Texas, AI, ERCOT, Weather, CAISO, Risk, Carbon, ISO, SPP, Renewable energy

HOUSTON, June 14, 2023 /PRNewswire/ -- Amperon Holdings, Inc., the leader in AI-powered grid analytics, today launched their new net demand forecasts, which include solar and wind generation forecasts. With forecasts that are 25% more accurate than the ISO, Amperon's net demand forecasts will be a critical grid management tool for the energy transition. Amperon's net demand forecasts are already available for the Electricity Reliability of Texas (ERCOT) market and will be rolling out to more ISOs this summer.

Key Points: 
  • HOUSTON, June 14, 2023 /PRNewswire/ -- Amperon Holdings, Inc., the leader in AI-powered grid analytics, today launched their new net demand forecasts, which include solar and wind generation forecasts.
  • With forecasts that are 25% more accurate than the ISO, Amperon's net demand forecasts will be a critical grid management tool for the energy transition.
  • Amperon's net demand forecasts are already available for the Electricity Reliability of Texas (ERCOT) market and will be rolling out to more ISOs this summer.
  • Amperon's net demand forecasts will be available in all markets by the end of the year with SPP, CAISO, and PJM to launch this summer.

Parliament Solar, an EnCap and Mercuria Portfolio Company, Selects Ideematec to Supply its Tracking System for Parliament’s 640MW Texas Solar Project

Retrieved on: 
Tuesday, June 13, 2023
Alternative Energy, Energy, Other Energy, EnCap, Maintenance, Inc., Partnership, Electric Reliability Council of Texas, Solar, GWS, Wind, EnCap Investments, Mercuria, Renewable energy

Ideematec Inc. , a leading provider of utility-scale solar tracking systems, today announced its agreement with Parliament Solar, LLC (“Parliament Solar”), the initial asset for Parliament Energy Holdings LLC (“Parliament Energy”), to deliver 640 megawatts (MW) of Ideematec’s Horizon L:TEC® 1P solar tracking system in Texas.

Key Points: 
  • Ideematec Inc. , a leading provider of utility-scale solar tracking systems, today announced its agreement with Parliament Solar, LLC (“Parliament Solar”), the initial asset for Parliament Energy Holdings LLC (“Parliament Energy”), to deliver 640 megawatts (MW) of Ideematec’s Horizon L:TEC® 1P solar tracking system in Texas.
  • Parliament Solar is a portfolio company of EnCap Investments L.P. (“EnCap”) and Mercuria Energy (“Mercuria”).
  • Ideematec’s Horizon L:TEC® 1P is a market-leading solar tracking system designed to maximize the efficiency of large-scale solar systems.
  • We congratulate our North American team, Ideematec Inc., on their successful partnership with Parliament Solar and their overall expansion into the Texas market.”

On.Energy Secures $20 Million of Infra-Growth Equity Led by Ultra Capital to Expand North American Battery Energy Storage System Deployment

Retrieved on: 
Tuesday, June 13, 2023
Software, Utilities, Batteries, Environment, Alternative Energy, Energy, Technology, Green Technology, Phalanx, Kilowatt-hour, Independent power producer, Electric Reliability Council of Texas, ERCOT, IPP, Attention, C&I, BESS, Renewable energy

On.Energy , a proven end-to-end integrator of battery energy storage and an Independent Power Producer (IPP), today announced it raised $20 million in equity financing in a Series B round led by Philadelphia-based investment firm Ultra Capital.

Key Points: 
  • On.Energy , a proven end-to-end integrator of battery energy storage and an Independent Power Producer (IPP), today announced it raised $20 million in equity financing in a Series B round led by Philadelphia-based investment firm Ultra Capital.
  • New York-based private equity firm Phalanx Investment Partners also participated in the round and Wilson Sonsini served as On.Energy’s counsel.
  • The company is in the process of constructing 300MWh of energy storage systems in the ERCOT region.
  • In conjunction with its investment, Kristian Hanelt, Ultra Capital Managing Director, will join On.Energy’s Board of Directors.

Holcim US Expands Renewable Energy Efforts in New York

Retrieved on: 
Thursday, June 8, 2023
Hydrogen, ERCOT, Electric Reliability Council of Texas, Generator, Research, Carbon, Procurement, Professional, VPPA, Renewable energy, Holcim

CHICAGO, June 8, 2023 /PRNewswire/ -- Renewable energy plays a key role in industrial sectors' efforts to reduce carbon emissions.

Key Points: 
  • CHICAGO, June 8, 2023 /PRNewswire/ -- Renewable energy plays a key role in industrial sectors' efforts to reduce carbon emissions.
  • Holcim US, the nation's leading sustainable building solutions company, is on a quest to enter Purchase Power Agreements (PPAs) to introduce renewable energy solutions.
  • Holcim US announced today its foray into renewable energy generation in New York.
  • Energy generated from these sites will effectively power seven aggregate and cement sites through renewable energy credits.

IHI Power Services Corp. Wins Company of the Year at 28th Annual ACG Orange County Awards

Retrieved on: 
Thursday, June 1, 2023
Utilities, Oil, Gas, Sustainability, Environment, Alternative Energy, Energy, Recycling, Environmental Issues, International Design Excellence Awards, Electric Reliability Council of Texas, Association for Corporate Growth, Aviation, IPSC, Multimedia, Organization, Plant, IHI, Memorandum of understanding, Growth, ACG, Renewable energy, ROC

IHI Power Services Corp. (IPSC), a leading owner and operator of power plants across the U.S., has been named this year’s “Green/Sustainability Company of the Year” at the 28th annual Association for Corporate Growth (ACG) Orange County Awards.

Key Points: 
  • IHI Power Services Corp. (IPSC), a leading owner and operator of power plants across the U.S., has been named this year’s “Green/Sustainability Company of the Year” at the 28th annual Association for Corporate Growth (ACG) Orange County Awards.
  • IPSC was recognized on Thursday, May 18 during ACG’s 2023 Wave of Excellence gala event alongside nine other organizations demonstrating outstanding growth and leadership across their respective categories.
  • View the full release here: https://www.businesswire.com/news/home/20230601006042/en/
    IPSC President and CEO, John Keller, accepting this year's ACG Green Sustainability Waves of Excellence Award on May 18, 2023.
  • “Our organization has had much success over the past year but continues to remain focused on future company endeavors and contributing to the advancement of the sustainable power and renewable generation industry,” added Keller.

Gridmatic Releases 2022 Annual Energy Storage Report

Retrieved on: 
Thursday, May 18, 2023
Other Energy, Technology, Utilities, Oil, Gas, Energy, Artificial Intelligence, Learning, Ancillary services (electric power), CAISO, ISO, End Use Energy Demand Centres, Multimedia, Forecasting, Machine learning, DNV, Artificial intelligence, Growth, AI, Grid, Electric Reliability Council of Texas, Medical device, Video game, Cryptocurrency, ERCOT

Gridmatic , the industry-leading AI-enabled power marketer, today published its second annual Energy Storage Report .

Key Points: 
  • Gridmatic , the industry-leading AI-enabled power marketer, today published its second annual Energy Storage Report .
  • The report analyzes the financial performance of all commercial storage systems operating in the Electric Reliability Council of Texas’ (ERCOT) territory and serves as a guide to help energy operators and developers plan the next course of action for their storage assets.
  • Grid-tied storage systems in ERCOT earned only about half (51%) of what is theoretically possible due to difficulties in predicting revenue opportunities, the 2022 report found, utilizing methodologies validated by DNV for the 2021 report .
  • Gridmatic, founded in 2017, is a power marketer powered by AI, leveraging machine learning to forecast energy supply, demand, and pricing within wholesale energy markets.

OBM, Inc. Seeking Declaratory Judgement Its Technology Does Not Infringe on Lancium Patent

Retrieved on: 
Wednesday, May 17, 2023
Overload, CLR, Patent, Electric Reliability Council of Texas, Atmosphere, Policy, OBM, Miner, Public policy, Complaint, District court, 433 Tactical Fighter Squadron, Mining, Court, Weather, Software, Generic drug, Cryptocurrency, ERCOT

HOUSTON, May 17, 2023 /PRNewswire/ -- OBM, Inc., a Baltimore-based software company, today announced it filed a complaint in US District Court in the Southern District of Texas against Houston-based Lancium, Inc. (Lancium). OBM is seeking a declaratory judgment declaring the company is not infringing on Lancium's patent by offering its customers energy management technologies designed to comply with regulations of the Electric Reliability Council of Texas (ERCOT).

Key Points: 
  • OBM filed the lawsuit following repeated ongoing threats by Lancium accusing OBM of infringing on its US Patent No.
  • These threats have affected OBM's business relationships with multiple customers in Texas, and OBM is seeking a declaration from the Court to resolve the dispute.
  • "OBM does not and has never infringed on the Lancium patent, and in fact our software solution offers broader functionality than Lancium's product."
  • The complaint contends that Lancium should not be able to avail itself of patent "monopoly" by claiming as its own invention long standing, publicly known and practiced technology when it filed its patent.

WattBridge Now World's Largest LM6000 Fleet Owner as the 288-MW Brotman Facility Begins Commercial Operations

Retrieved on: 
Monday, May 1, 2023
PCM, State, ERCOT, Electric Reliability Council of Texas, PUCT, Brotman, LM6000, Public utilities commission, Legislation, Renewable energy, Cryptocurrency

HOUSTON, May 1, 2023 /PRNewswire/ -- WattBridge Energy, LLC announced today commissioning of the Brotman Generating Station in Brazoria County, Texas. Brotman is the fifth new power-generation installation in the WattBridge fleet in just 36 months, which brings the company's support within the Electric Reliability Council of Texas (ERCOT) zone to 1,824 MW operating for 1.2 million homes.

Key Points: 
  • HOUSTON, May 1, 2023 /PRNewswire/ -- WattBridge Energy, LLC announced today commissioning of the Brotman Generating Station in Brazoria County, Texas.
  • Powered by six PROENERGY LM6000 gas-turbine packages, the 288-MW Brotman station supports renewable development and delivers energy security with fast-start, reduced-emission peaking power.
  • WattBridge, an independent power producer, has rapidly expanded its operating portfolio from six LM6000 units in January 2021 to 38 units today, making the Texas-based company the largest LM6000 owner in the world.
  • The Texas State Legislature identified the need for more dispatchable generation in the 87th and current 88th legislative sessions.