Western Interconnection

PCI Energy Solutions Empowers Multiple Customers for Their Optimized Participation in the SPP WEIS

Retrieved on: 
Wednesday, May 24, 2023

PCI Energy Solutions , the leading provider of enterprise software solutions, announced its continued collaboration and advances with clients in the Southwest Power Pool ’s (SPP’s) Western Energy Imbalance Service (WEIS).

Key Points: 
  • PCI Energy Solutions , the leading provider of enterprise software solutions, announced its continued collaboration and advances with clients in the Southwest Power Pool ’s (SPP’s) Western Energy Imbalance Service (WEIS).
  • Three clients have recently joined WEIS by leveraging multiple PCI applications for their optimized participation in the energy imbalance market.
  • “We’re thrilled to have supported our valued clients, the Platte River Power Authority, Municipal Energy Agency of Nebraska, and Xcel Energy, in their successful entry into SPP WEIS,” said Shailesh Mishra, vice president of Commercial and Customer Success at PCI Energy Solutions.
  • Meanwhile, PCI Energy Solutions continues to empower energy organizations with its fit-for-purpose and secure-cloud software platform, enabling seamless market participation and supporting clients in achieving their operational and commercial objectives.

ALLETE, Grid United join forces to develop key transmission link to enhance reliability of the nation’s electric grid

Retrieved on: 
Monday, January 30, 2023

ALLETE, Inc. (NYSE:ALE) and Grid United today announced their intent to jointly develop the North Plains Connector, a new, approximately 385-mile high-voltage direct-current (HVDC) transmission line from central North Dakota to Colstrip, Montana.

Key Points: 
  • ALLETE, Inc. (NYSE:ALE) and Grid United today announced their intent to jointly develop the North Plains Connector, a new, approximately 385-mile high-voltage direct-current (HVDC) transmission line from central North Dakota to Colstrip, Montana.
  • “Additional investment in transmission is critically important to achieve a clean-energy future and is a key part of our ‘Sustainability-in-Action’ growth strategy as our national footprint expands,” said ALLETE Chair, President and CEO Bethany Owen.
  • The project represents an approximately $2.5 billion investment in Montana and North Dakota and will be a long-term asset for those states.
  • Grid United is an independent transmission company aiming to modernize the United States’ power grid to create a more resilient and efficient electric system that uses the nation’s abundant and geographically diverse natural resources to the benefit of all consumers.

AltEnergy Acquisition Corp.. Announces Separate Trading of its Common Stock and Warrants, Commencing December 13, 2021

Retrieved on: 
Monday, December 13, 2021

The Common Stock and Warrants resulting from the unit separation will trade on The Nasdaq Global Market ("Nasdaq") under the symbols "AEAE" and "AEAEW", respectively.

Key Points: 
  • The Common Stock and Warrants resulting from the unit separation will trade on The Nasdaq Global Market ("Nasdaq") under the symbols "AEAE" and "AEAEW", respectively.
  • No fractional Warrants will be issued upon separation of the Units and only whole Warrants will trade.
  • Holders of Units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the Units into Common Stock and Warrants.
  • Founded by Russell Stidolph in 2006 AltEnergy, LLC ("AltEnergy") is focused solely on making investments in the alternative energy sector.

AltEnergy Acquisition Corp. Announces Closing of $230 Million Initial Public Offering, including Full Exercise of IPO Overallotment Option

Retrieved on: 
Wednesday, November 3, 2021

The units are listed on the Nasdaq Global Market ("Nasdaq") and commenced trading under the ticker symbol "AEAEU" on October 29, 2021.

Key Points: 
  • The units are listed on the Nasdaq Global Market ("Nasdaq") and commenced trading under the ticker symbol "AEAEU" on October 29, 2021.
  • No fractional warrants will be issued upon separation of the units and only whole warrants will trade.
  • Founded by Russell Stidolph in 2006 AltEnergy, LLC ("AltEnergy") is focused solely on making investments in the alternative energy sector.
  • This press release contains statements that constitute "forward-looking statements," including with respect to the search for an initial business combination.

AltEnergy Acquisition Corp. Prices $200 Million Initial Public Offering

Retrieved on: 
Friday, October 29, 2021

NEW YORK, Oct. 29, 2021 /PRNewswire/ -- AltEnergy Acquisition Corp. (the "Company"), a special purpose acquisition company sponsored by AltEnergy, LLC, today announced that it has priced its initial public offering of 20,000,000 units.

Key Points: 
  • NEW YORK, Oct. 29, 2021 /PRNewswire/ -- AltEnergy Acquisition Corp. (the "Company"), a special purpose acquisition company sponsored by AltEnergy, LLC, today announced that it has priced its initial public offering of 20,000,000 units.
  • The Company has granted the underwriter a 30-day option to purchase up to an additional 3,000,000 units at the initial offering price to cover over-allotments, if any.
  • Founded by Russell Stidolph in 2006 AltEnergy, LLC ("AltEnergy") is focused solely on making investments in the alternative energy sector.
  • This press release contains statements that constitute "forward-looking statements," including with respect to the search for an initial business combination.

Initial Capacity Allocation Process Begins for Interregional TransWest Express Transmission Project

Retrieved on: 
Monday, June 7, 2021

With key permits secured, labor partnerships in place and nearly all rights-of-way acquired, the TransWest Express Transmission Project is commencing its initial capacity allocation process.

Key Points: 
  • With key permits secured, labor partnerships in place and nearly all rights-of-way acquired, the TransWest Express Transmission Project is commencing its initial capacity allocation process.
  • The TWE Project Open Solicitation website at www.transwestexpress-os.com includes extensive project and process details.
  • The allocation process was approved by the Federal Energy Regulatory Commission in a Feb. 26 order .
  • The TWE Project is a high-voltage interregional transmission system designed to extend from Carbon County, Wyoming, to Clark County, Nevada, with an interconnection into the Intermountain Power system in Millard County, Utah.

Linxon wins order for Hall substation project in Sweden - strengthening the regional power transmission network

Retrieved on: 
Monday, February 15, 2021

This project consists of the installation of one new 400 kV air insulated (AIS) substation to replace an existing substation which, having reached the end of its lifespan, will then be demolished.

Key Points: 
  • This project consists of the installation of one new 400 kV air insulated (AIS) substation to replace an existing substation which, having reached the end of its lifespan, will then be demolished.
  • "We are honoured to have received our fourth large order to enhance the power grid in the Swedish capital", said Frdric Trefois, CEO of Linxon.
  • Linxon commenced operations on September 1, 2018, undertaking turnkey electrical alternating current substation projects related to renewable and conventional power generation, power transmission and transportation solutions.
  • Within the substation, switchgear controls and protects the network from power outages and facilitates reliable electricity supply.

LS Power Subsidiary DesertLink Energizes 500 kV Transmission Project

Retrieved on: 
Wednesday, August 26, 2020

The project covers approximately 60 miles between NV Energy's 500 kV Harry Allen substation to the north and Southern California Edison's 500 kV Eldorado substation to the south.

Key Points: 
  • The project covers approximately 60 miles between NV Energy's 500 kV Harry Allen substation to the north and Southern California Edison's 500 kV Eldorado substation to the south.
  • "Competition leads to innovation and value for consumers, which are core elements of every LS Power project," said LS Power CEO Paul Segal.
  • LS Power has an additional transmission project in advanced development that would be complementary to the HAE project:
    Southwest Intertie Project (SWIP) North, a 275-mile 500 kV transmission line that will run between Nevada and Idaho.
  • LS Power is a development, investment and operating company focused on the North American power and energy infrastructure sector.

SCE Continues Delivery of Safe and Reliable Service During Emergency Restrictions

Retrieved on: 
Saturday, March 21, 2020

Southern California Edison (SCE) will continue to deliver safe and reliable service to the communities it serves during emergency restrictions related to COVID-19.

Key Points: 
  • Southern California Edison (SCE) will continue to deliver safe and reliable service to the communities it serves during emergency restrictions related to COVID-19.
  • SCE continues to temporarily postpone non-critical planned projects, while only continuing with those related to emergency, public safety and wildfire mitigation work.
  • SCE also will continue to perform those tasks that are necessary for the safe and reliable operation of our system.
  • SCE continues to coordinate with other utilities and the California Independent System Operator to ensure the reliable delivery of electricity across the state.

Global Substation Market Report 2019: Includes Over 7,000 Transmission Substation Projects in About 85 Countries Across 6 Regions

Retrieved on: 
Monday, December 9, 2019

DUBLIN, Dec. 9, 2019 /PRNewswire/ -- The "Substation Market and Upcoming Projects Report, 2019-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 9, 2019 /PRNewswire/ -- The "Substation Market and Upcoming Projects Report, 2019-2028" report has been added to ResearchAndMarkets.com's offering.
  • The report analyses the global high voltage substation market and provides a database of over 7,000 transmission substation projects (at 110 kV and above voltage levels) in about 85 countries across six regions - North America, Latin America, Asia, Europe, the Middle East, and Africa.
  • The PDF report presents the recent market and technology trends in the transmission substation industry.
  • In addition, it discusses the trends in expected demand for transmission substation equipment, both in value and volume terms, over the period 2020-2029.