California Independent System Operator

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

Retrieved on: 
Thursday, March 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.

B2U Storage Solutions Commences Operations on Second Grid-Connected Hybrid Storage Facility Using Second Life Batteries in Santa Barbara County, CA

Retrieved on: 
Tuesday, November 14, 2023

NEW CUYAMA, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- B2U Storage Solutions, the leading provider of large-scale energy storage systems using second-life electric vehicle (EV) batteries, announced today that the SEPV Cuyama facility has begun operations. This facility, the company’s second hybrid battery storage site, is located in Santa Barbara County, CA near the community of New Cuyama. The 12MWh facility uses hundreds of EV batteries sourced from Honda that have reached the end of life for automotive purposes. Using its patented EV Pack Storage (EPS) technology, B2U deploys the EV battery packs in plug and play fashion, virtually eliminating repurposing costs.

Key Points: 
  • NEW CUYAMA, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- B2U Storage Solutions , the leading provider of large-scale energy storage systems using second-life electric vehicle (EV) batteries, announced today that the SEPV Cuyama facility has begun operations.
  • This facility, the company’s second hybrid battery storage site, is located in Santa Barbara County, CA near the community of New Cuyama.
  • The 12MWh facility uses hundreds of EV batteries sourced from Honda that have reached the end of life for automotive purposes.
  • “As our second operational hybrid second life storage facility, Cuyama further cements B2U’s position as the leader in the reuse of EV batteries in large scale storage applications.

GridStor Celebrates Completion of California’s Newest Battery Storage Facility

Retrieved on: 
Tuesday, December 5, 2023

GridStor , a developer and operator of grid-scale battery energy storage systems, dedicated its Goleta Energy Storage facility on December 1st with public officials and regional business leaders.

Key Points: 
  • GridStor , a developer and operator of grid-scale battery energy storage systems, dedicated its Goleta Energy Storage facility on December 1st with public officials and regional business leaders.
  • View the full release here: https://www.businesswire.com/news/home/20231205296479/en/
    GridStor's 60 MW, 160 MWh Goleta Energy Storage Facility (Photo: Business Wire)
    “California has an urgent need for grid reliability as it decarbonizes its economy, and battery storage is the critical resource that meets both challenges,” said Chris Taylor, CEO of GridStor.
  • Goleta Energy Storage is the largest power resource in Santa Barbara County and only the second battery storage facility in the region.
  • NORD/LB provided $55 million of project debt financing to GridStor to complete the development of the facility.

Clean Power Alliance to Serve Southern California Communities with Record Amounts of Wind Power from Largest Renewable Energy Infrastructure Project in U.S. History

Retrieved on: 
Saturday, November 4, 2023

LOS ANGELES, Nov. 3, 2023 /PRNewswire-PRWeb/ -- Clean Power Alliance's Board of Directors has approved a groundbreaking long term power purchase agreement (PPA) that will bring record amounts of clean, renewable wind power to serve Southern California communities for years to come.

Key Points: 
  • LOS ANGELES, Nov. 3, 2023 /PRNewswire-PRWeb/ -- Clean Power Alliance's Board of Directors has approved a groundbreaking long term power purchase agreement (PPA) that will bring record amounts of clean, renewable wind power to serve Southern California communities for years to come.
  • The 15-year PPA with Pattern Energy will expand CPA's diverse clean energy portfolio and provide CPA with 575 MW of wind energy, enough to power 265,834 homes in Southern California annually.
  • The wind power from this project will be carried over the SunZia Transmission Line, which will enable the delivery of power from SunZia Wind directly into the California Independent System Operator (CAISO) energy market.
  • "I am thrilled to see CPA lead with this historic investment in the largest renewable energy project in America, which will provide clean wind power to Southern California and complement our abundant solar resources.

New Ampt i50 String Optimizer Manages the Power of Each Solar Tracker and Increases Tracker Utilization to Lower the Cost of PV Power Plants  

Retrieved on: 
Wednesday, September 6, 2023

The i50 is designed to lower costs and improve performance of utility scale PV or PV-plus-storage projects.

Key Points: 
  • The i50 is designed to lower costs and improve performance of utility scale PV or PV-plus-storage projects.
  • The i50 String Optimizer helps solar power plant developers, owners and operators increase clean energy generation and project ROI while improving grid resilience and reliability.
  • Ampt String Optimizers are DC/DC converters that deliver full available power from the PV array at a high and fixed voltage.
  • The i50 optimizer achieves industry leading power density with output power up to 70 kW which allows a single optimizer to be deployed on each solar tracker.

Agilitas Energy Launches Financial Trading Business for Electricity

Retrieved on: 
Wednesday, July 26, 2023

Agilitas Energy plans to expand its financial trading and asset management businesses in additional markets, such as California Independent System Operator (CAISO).

Key Points: 
  • Agilitas Energy plans to expand its financial trading and asset management businesses in additional markets, such as California Independent System Operator (CAISO).
  • “We see nodal energy trading as being a natural progression for Agilitas Energy,” said Barrett Bilotta, President, Co-Founder and CEO of Agilitas Energy.
  • The investment allows Agilitas Energy to leverage its asset management expertise, including both operations and maintenance (O&M) and power market trading.
  • To learn more about how Agilitas Energy can deliver an energy solution or serve as a partner on a renewable project, please visit https://agilitasenergy.com/contact .

ecobee Offers California Residents the Opportunity to Save on Rising Energy Costs

Retrieved on: 
Wednesday, July 19, 2023

Cali ecosave is a voluntary community energy savings program from ecobee that offers customers an incentive in return for helping to save energy during periods of high demand and helps support a more stable and reliable power grid in local communities.

Key Points: 
  • Cali ecosave is a voluntary community energy savings program from ecobee that offers customers an incentive in return for helping to save energy during periods of high demand and helps support a more stable and reliable power grid in local communities.
  • “At ecobee, we are committed to offering innovative smart home solutions that address the current problems customers are facing, such as rising energy bills and increasing strain on the power grid caused by extreme heat,” said Chris Carradine, EVP of Energy at ecobee.
  • ecobee smart thermostats take into account energy prices, local weather, home energy performance, and custom comfort preferences to automatically cool homes when energy is less expensive and avoid cooling when energy is more expensive, all without impacting comfort.
  • With energy saving features, ecobee smart thermostats can help customers save up to 26% on annual heating and cooling costs.1 According to a measurement and verification report by Demand Side Analytics, ecobee customers in California who used the Time of Use feature saved an incremental 7-19% on cooling costs on top of baseline ecobee device settings.

RWE connects its first utility-scale battery storage project to the California grid

Retrieved on: 
Wednesday, June 14, 2023

AUSTIN, Texas, June 14, 2023 /PRNewswire/ -- RWE continues to expand its renewables portfolio in the U.S., connecting its first utility-scale battery energy storage system (BESS) to the California Independent System Operator.

Key Points: 
  • AUSTIN, Texas, June 14, 2023 /PRNewswire/ -- RWE continues to expand its renewables portfolio in the U.S., connecting its first utility-scale battery energy storage system (BESS) to the California Independent System Operator.
  • The project, Fifth Standard, also includes a 150-megawatt (MWac) solar PV facility, expected to be complete in August.
  • The battery storage system can discharge 137 MW into the grid over a four-hour period.
  • Excess energy not sent to the grid will be stored in an on-site lithium-ion battery energy storage facility.

Concentric Energy Advisors Welcomes Expert in Electricity Markets Economics

Retrieved on: 
Friday, June 9, 2023

, June 9, 2023 /PRNewswire/ -- Concentric Energy Advisors, Inc. ("Concentric") experts in guiding clients through the complex and continuously evolving issues, opportunities, and challenges confronting the energy and water industries, today announced the appointment of Jeff McDonald, Ph.D. as a Vice President.

Key Points: 
  • , June 9, 2023 /PRNewswire/ -- Concentric Energy Advisors, Inc. ("Concentric") experts in guiding clients through the complex and continuously evolving issues, opportunities, and challenges confronting the energy and water industries, today announced the appointment of Jeff McDonald, Ph.D. as a Vice President.
  • Dr. McDonald has over 20 years of experience in the economics of wholesale electricity markets and is an expert in market design, performance, and monitoring.
  • Dr. McDonald is also a testifying expert on wholesale electric market design, just compensation for generator assets, market competitiveness, and cost allocation.
  • "We are excited to welcome Jeff to Concentric and share his expertise with our clients," said Danielle Powers , Executive Vice President at Concentric.

U.S. Battery-Storage Market Revs Up with Summer Kickoffs, an Industrial Info News Alert

Retrieved on: 
Monday, June 5, 2023

The California Independent System Operator (CISO) accounts for nearly half of the existing U.S. battery-storage capacity.

Key Points: 
  • The California Independent System Operator (CISO) accounts for nearly half of the existing U.S. battery-storage capacity.
  • Subscribers can learn more from detailed reports on the Westside Canal and Chalan Solar projects.
  • Industrial Info Resources (IIR) is the leading provider of industrial market intelligence.
  • Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries.