California Independent System Operator

Veritone’s Energy Demand Forecaster Outperforms California Independent System Operator (CAISO) by 31% for the Month of November

Retrieved on: 
Monday, January 24, 2022
Alternative Energy, Energy, Environment, Other Energy, Utilities, OASIS, Forecasting, Electricity, News, SEC, California Independent System Operator, Achievement, Data management, NASDAQ, Weather, Solution, Intelligence, Industry, DAM, Artificial intelligence, AI, CAISO, Organization, Terminology, Oil, Renewable energy, Risk management, Energy, Veritone, Alternative Energy, Energy, Environment, Other Energy, Utilities

(NASDAQ: VERI), creator of aiWARE , a hyper-expansive enterprise AI platform, announced today that its day-ahead market (DAM) energy forecaster outperformed the California Independent System Operator (CAISO) in November of 2021.

Key Points: 
  • (NASDAQ: VERI), creator of aiWARE , a hyper-expansive enterprise AI platform, announced today that its day-ahead market (DAM) energy forecaster outperformed the California Independent System Operator (CAISO) in November of 2021.
  • Equally important, such increased accuracy can play a significant role in improving the overall reliability and resilience of the energy grid.
  • We are extremely proud of this achievement, said Sean McEvoy, senior vice president of Energy at Veritone.
  • Veritone is taking an active role with the energy industry to help make the transition to sustainable clean energy.

New renewable energy deals position Verizon to achieve key energy goal

Retrieved on: 
Thursday, January 20, 2022
Midcontinent Independent System Operator, Technology, VZ, PJM, RSS, NEW, California Independent System Operator, Verizon Communications, Lightsource BP, NYSE, GLOBE, Solution, Electric Reliability Council of Texas, Wind, MISO, Nasdaq, CO2, MT, ERCOT, Repaš, CAISO, Renewable energy

NEW YORK, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Verizon continues to be a leading corporate buyer of U.S. renewable energy, announcing seven new Renewable Energy Purchase Agreements (REPAs) for an aggregate of approximately 910 megawatts (MW) of projected renewable energy capacity. These agreements position the company to achieve its goal to source or generate renewable energy equivalent to 50 percent of its total annual electrical consumption by 2025, and help support Citizen Verizon, the company’s responsible business plan for economic, environmental, and social advancement.

Key Points: 
  • Seven new Renewable Energy Purchase Agreements (REPAs) bring cumulative total to 20 since 2019, totaling approximately 2.6 gigawatts (GW) of projected renewable energy capacity
    NEW YORK, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Verizon continues to be a leading corporate buyer of U.S. renewable energy, announcing seven new Renewable Energy Purchase Agreements (REPAs) for an aggregate of approximately 910 megawatts (MW) of projected renewable energy capacity.
  • These agreements position the company to achieve its goal to source or generate renewable energy equivalent to 50 percent of its total annual electrical consumption by 2025 , and help support Citizen Verizon , the companys responsible business plan for economic, environmental, and social advancement.
  • We are proud to achieve this key milestone in the transition to renewable energy, said Matt Ellis, executive vice president and chief financial officer at Verizon.
  • Four 15-year REPAs with Leeward Renewable Energy for an aggregate of up to 640 MW of anticipated renewable energy capacity.

Capital Power announces a 6-year tolling agreement extension for Arlington Valley

Retrieved on: 
Tuesday, January 4, 2022
CPX, Disclosure, California Independent System Operator, Capital, Legislation, Depreciation, Electricity, Investment, Risk management, Capital Power Corporation, SEDAR, GLOBE, S&P, Company, Perception, Natural gas, News, CEO, Probability, Analysis, Review, CAISO, DSW, Coal, Carbon, Acquisition, Moody's Investors Service, Policy, EBITDA, GAAP, Income, A3, TSX, Renewable energy, Bookkeeping

EDMONTON, Alberta, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (Capital Power or the Company) announced today the execution of a 6-year tolling agreement extension through October 2031 for its Arlington Valley (Arlington) facility with the current counterparty.

Key Points: 
  • EDMONTON, Alberta, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (Capital Power or the Company) announced today the execution of a 6-year tolling agreement extension through October 2031 for its Arlington Valley (Arlington) facility with the current counterparty.
  • Under the extension, the tolling agreement will cover six months of the year starting in 2026 compared to the four summer months currently.
  • Capital Power is a growth-oriented North American wholesale power producer with a strategic focus on sustainable energy headquartered in Edmonton, Alberta.
  • Capital Power owns approximately 6,600 MW of power generation capacity at 26 facilities across North America.

California Utilities Enlist Swell Energy to Advance Virtual Power Plants

Retrieved on: 
Thursday, December 9, 2021
Environment, Utilities, Residential Building & Real Estate, Alternative Energy, Energy, Construction & Property, California Public Utilities Commission, SCE, Swell, California Independent System Operator, Face, San Diego Gas & Electric, SDG&E, Weather, PG&E, Capacity, Public utilities commission, SDG, Solar System, Program, Pacific Gas and Electric Company, Goal, PG, Orangi Pilot Project, The Electric Company, Renewable energy

Renewable energy and grid solutions provider Swell Energy Inc. (Swell) today announced that it is working with three California utilities on pilot projects to expand grid services use cases for residential solar + storage resources to meet both local and regional energy needs.

Key Points: 
  • Renewable energy and grid solutions provider Swell Energy Inc. (Swell) today announced that it is working with three California utilities on pilot projects to expand grid services use cases for residential solar + storage resources to meet both local and regional energy needs.
  • These efforts support the California Public Utility Commission's goal of reducing load during California Independent System Operator emergency power events.
  • Swell is also working on innovative virtual power plant applications with Southern California Edison (SCE).
  • By creating a critical mass of dynamic and responsive clean energy resources within utility service areas across the United States, Swell Energy is also delivering resilient virtual power plant networks and grid-balancing services to utilities, which are fundamental to our future, carbon-free, distributed renewable energy system.

Stem, Inc. Highlights Significant Milestones and New Applications for Athena® Software in Wholesale Energy Markets

Retrieved on: 
Tuesday, October 5, 2021
Other Energy, Utilities, Technology, Other Technology, Alternative Energy, Energy, Software, CAISO, Lists of stars, Goal, BTM, Solution, Intention, SMART, 8-K, GHG, AI, Regional transmission organization (North America), Form, Risk, Intelligence, Form 10-K, Electric Reliability Council of Texas, PJM, ITC, FTM, Forward-looking statement, California Independent System Operator, ERCOT, NYSE, SEC, IRR, POI, Video game console, Auction, Renewable energy, Risk management

Included in the enhanced offering is Athena SupervisorTM, which provides real-time visibility into how Athena manages and monetizes energy assets, and Athena BidderTM, Stems proprietary market operations engine that automates asset strategies to maximize wholesale market revenues.

Key Points: 
  • Included in the enhanced offering is Athena SupervisorTM, which provides real-time visibility into how Athena manages and monetizes energy assets, and Athena BidderTM, Stems proprietary market operations engine that automates asset strategies to maximize wholesale market revenues.
  • Across these projects, Stem is enabling its project developer customers to co-optimize seven value streams: day-ahead markets, real-time energy markets, frequency regulation, capacity market, coincident peak reduction, solar shifting incentives, and solar ITC earnings.
  • As of mid-2021, Stems Athena-controlled systems comprised 52% of Massachusetts and 19% of ISO-NEs operational continuous storage facilities active in the wholesale energy, ancillary services, and forward capacity markets.
  • These enhancements to Athenas applications for wholesale energy market participation extend the value and benefits offered to our partners.

AutoGrid To Provide Turnkey 'Virtual Power Plant' to Clean Power Alliance's Power Response Program to Improve Reliability of California Grid

Retrieved on: 
Monday, September 27, 2021
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The partnership provides CPA's Power Response Program with advanced capabilities to help stabilize California's power grid infrastructure, contribute to cleaner energy throughout the state and bring about positive climate change.

Key Points: 
  • The partnership provides CPA's Power Response Program with advanced capabilities to help stabilize California's power grid infrastructure, contribute to cleaner energy throughout the state and bring about positive climate change.
  • As the largest CCA in California serving 3 million people, CPA plays a pivotal role in the state's grid stability and condition.
  • "In recent years, we've witnessed California energy grids being overextended at unprecedented, alarming rates," said Jack Clark, Director of Programs at Clean Power Alliance.
  • "ecobee is pleased to participate in CPA's Power Response Program with our partner AutoGrid to provide reassurance to Californians during an increasingly dire time.

State’s Grid Operator Asks Californians to Conserve Energy Today Due to High Energy Demand and Tight Supplies Across the West

Retrieved on: 
Thursday, September 9, 2021
Energy, Other Energy, Oil, Gas

With hot temperatures and high energy demand across the western region, the states power grid operator is asking residents statewide to voluntarily conserve electricity this afternoon and evening when the grid is most stressed due to higher demand and energy supplies are tighter.

Key Points: 
  • With hot temperatures and high energy demand across the western region, the states power grid operator is asking residents statewide to voluntarily conserve electricity this afternoon and evening when the grid is most stressed due to higher demand and energy supplies are tighter.
  • The Flex Alert , called by the California Independent System Operator (CAISO), will be in effect today from 4 p.m. to 9 p.m.
  • The grid operator is predicting an increase in electricity demand, primarily from air conditioning use.
  • The grid operator is asking all Californians to reduce electricity use during a Flex Alert to prevent further emergency measures, including rotating power outages.

State’s Grid Operator Asks Californians to Conserve Energy Today Due to High Energy Demand and Tight Supplies Across the West

Retrieved on: 
Wednesday, September 8, 2021
Energy, Utilities, Oil, Gas

With hot temperatures and high energy demand across the western region, the states power grid operator is asking residents statewide to voluntarily conserve electricity this afternoon and evening when the grid is most stressed due to higher demand and energy supplies are tighter.

Key Points: 
  • With hot temperatures and high energy demand across the western region, the states power grid operator is asking residents statewide to voluntarily conserve electricity this afternoon and evening when the grid is most stressed due to higher demand and energy supplies are tighter.
  • The Flex Alert , called by the California Independent System Operator (CAISO), will be in effect today from 4 p.m. to 9 p.m.
  • The grid operator is predicting an increase in electricity demand, primarily from air conditioning use.
  • The grid operator is asking all Californians to reduce electricity use during a Flex Alert to prevent further emergency measures, including rotating power outages.

Vistra Completes Expansion of Battery Energy Storage System at its Flagship California Facility

Retrieved on: 
Thursday, August 19, 2021
Zero, Industry, Pacific Gas and Electric Company, PG&E, Private Securities Litigation Reform Act, Electricity, Weather, Annual report, Growth, Electric Bond and Share Company v. Securities and Exchange Commission, Phase, District, Policy, Security (finance), Pandemic, Burns, The Electric Company, Natural gas, Form 10-Q, Risk, MOSS, VST, Mission statement, NYSE, Multimedia, Solar energy, EPC, Public expenditure, Wind, Morgan, Goal, Commerce, Partnership, McDonnell Aircraft Corporation, CEO, PG, Phrase, Central Coast, Wildfire, Moss Landing Power Plant, COVID-19, California Independent System Operator, Technology, Form 10-K, Renewable energy, Risk management

In fact, Vistra's Moss Landing Energy Storage Facility is the largest battery storage facility of its kind in the world and is providing a tremendous amount of reliable, clean energy.

Key Points: 
  • In fact, Vistra's Moss Landing Energy Storage Facility is the largest battery storage facility of its kind in the world and is providing a tremendous amount of reliable, clean energy.
  • As the world's largest energy storage facility, Moss Landing is especially meaningful as it shows the dedication of both LG Energy Solution and Vistra to expanding eco-friendly renewable energy sources through energy storage technology."
  • Designing and building the expansion of the world's largest battery energy storage facility particularly during a global pandemic was very fulfilling.
  • The company owns and operates a 400-MW/1,600-MWh battery energy storage system in Moss Landing, California, the largest of its kind in the world.

Voltus Expands Operating Reserves Leadership Position With Distributed Energy Resources

Retrieved on: 
Wednesday, August 11, 2021
California Independent System Operator, SAN, Electricity, Technology, CAISO, DER, Renewable energy

SAN FRANCISCO, Aug. 11, 2021 /PRNewswire/ --Voltus, Inc., a leading distributed energy resources (DER) technology company, announces today that it is offering Operating Reserves (OR) to California businesses in the California Independent System Operator (CAISO) market.

Key Points: 
  • SAN FRANCISCO, Aug. 11, 2021 /PRNewswire/ --Voltus, Inc., a leading distributed energy resources (DER) technology company, announces today that it is offering Operating Reserves (OR) to California businesses in the California Independent System Operator (CAISO) market.
  • Voltus has established a leadership position delivering hundreds of megawattsof operating reserves to US and Canadian wholesale electricity markets with its marketplace software platform that automates "machine to market to money."
  • The Voltus platform delivers the hourly scheduling, bidding, dispatch, real-time support, and settlement for every type of operating reserves DER, including energy storage, distributed generation, and demand response.
  • Voltus is the leading technology platform connecting distributed energy resources to electricity markets, delivering less expensive, more reliable, and more sustainable electricity.