DER

Georgia Power's 2023 Integrated Resource Plan Update supports Georgia's extraordinary economic growth

Retrieved on: 
Friday, October 27, 2023

ATLANTA, Oct. 27, 2023 /PRNewswire/ -- Georgia Power today filed an update to its Integrated Resource Plan (IRP) that sets forth a flexible, comprehensive plan to support the state's extraordinary economic growth and continue providing clean, safe, reliable, and affordable power for customers. Georgia, long recognized as a top state in the country in which to do business, is attracting extraordinary customer growth. Current energy projections for the state now reflect energy growth of approximately 6,600 MW through 2030, up from approximately 400 MW previously forecasted in January 2022.

Key Points: 
  • Company seeks approval to invest in and deploy new generation resources, continue transforming its fleet and electric grid
    ATLANTA, Oct. 27, 2023 /PRNewswire/ -- Georgia Power today filed an update to its Integrated Resource Plan (IRP) that sets forth a flexible, comprehensive plan to support the state's extraordinary economic growth and continue providing clean, safe, reliable, and affordable power for customers.
  • Georgia, long recognized as a top state in the country in which to do business, is attracting extraordinary customer growth.
  • Building upon the plan approved in its 2022 IRP, the company's 2023 IRP Update seeks approval to deploy additional generation resources to reliably and economically support Georgia's rapidly growing energy needs.
  • "Georgia has continued to experience rapid economic growth since the filing of our IRP in early 2022," said Kim Greene, chairman, president, and CEO of Georgia Power.

Itron’s Advanced Settlement Module Provides High Granularity, Industry-Leading Integration and Complete Energy Market Coverage

Retrieved on: 
Wednesday, October 25, 2023

From five-minute settlements to integrating the newest entrants into the energy market, such as wind, solar, batteries and Virtual Power Plants (VPPs), IEE Settlements sets a new standard for granularity in energy market coverage and reporting.

Key Points: 
  • From five-minute settlements to integrating the newest entrants into the energy market, such as wind, solar, batteries and Virtual Power Plants (VPPs), IEE Settlements sets a new standard for granularity in energy market coverage and reporting.
  • Energy settlements – the process of capturing and reconciling energy generation and consumption, both at the wholesale and retail levels – play a crucial role in the energy market where energy is traded.
  • As this market evolves, it is essential to quantify energy generation and consumption within specific intervals and reconcile disparities between the energy generated and the energy consumed.
  • “The newly launched IEE Settlements module addresses crucial challenges facing aging infrastructure and the utility settlement market.

Strategen Consulting Announces Matthew McDonnell and Edward Burgess as New Partners

Retrieved on: 
Tuesday, October 24, 2023

SACRAMENTO, Calif., Oct. 24, 2023 /PRNewswire/ -- Strategen Consulting, Inc. has named Matthew McDonnell and Edward Burgess as new firm partners.

Key Points: 
  • SACRAMENTO, Calif., Oct. 24, 2023 /PRNewswire/ -- Strategen Consulting, Inc. has named Matthew McDonnell and Edward Burgess as new firm partners.
  • We are truly blessed to have them as our newest Partners," Janice Lin, Strategen Founder and Chief Executive Officer, said.
  • Matt has been named Partner and Executive Vice President, Head of Consulting Services.
  • At Arizona State, he also helped to launch the university's Energy Policy Innovation Council and Utility of the Future Initiative.

SEW Acquires GridExchange - Transactive Energy Platforms - Pioneering the Future of Clean Energy Transition

Retrieved on: 
Monday, October 23, 2023

GridExchange empowers energy consumers to transition from passive users to proactive prosumers, leveraging distributed energy resources (DERs) such as solar panels, battery storage, and EV (Electric Vehicles).

Key Points: 
  • GridExchange empowers energy consumers to transition from passive users to proactive prosumers, leveraging distributed energy resources (DERs) such as solar panels, battery storage, and EV (Electric Vehicles).
  • "At SEW, we are shaping a clean and sustainable energy future.
  • The acquisition of GridExchange aligns perfectly with our vision and strategy of an intelligent, resilient, and sustainable energy ecosystem," stated Deepak Garg, CEO and Founder of SEW.
  • Reducing GHG Emissions: The incentivization of clean energy usage through GridExchange leads to a notable reduction in greenhouse gas emissions.

Guidehouse Insights Estimates Market for Residential Energy Management Systems Will Grow to $1.3 Billion by 2032

Retrieved on: 
Thursday, October 19, 2023

BOULDER, Colo., Oct. 19, 2023 /PRNewswire/ -- A new report from Guidehouse Insights examines the market for residential energy management systems (REMS) that monitor and manage one or more parts of a home's energy system.

Key Points: 
  • BOULDER, Colo., Oct. 19, 2023 /PRNewswire/ -- A new report from Guidehouse Insights examines the market for residential energy management systems (REMS) that monitor and manage one or more parts of a home's energy system.
  • The market for REMS is expected to grow over the next decade due to greater demand for home energy management solutions from the two main customer segments in this market: in-home REMS and grid-based REMS.
  • Guidehouse Insights defines in-home REMS as any system that is installed in a home, often referred to as behind-the-meter technologies.
  • The report, Residential Energy Management Systems , analyzes the global market for REMS in two main segments: in-home REMS and grid-based REMS.

Voltus Drives Energy Transition Victory as Missouri Commission Votes Unanimously to Support Consumer Access to Wholesale Power Markets

Retrieved on: 
Monday, October 16, 2023

On October 12, 2023, the Missouri Public Service Commission (MPSC) unanimously ruled to reverse their FERC Order 719 opt-out .

Key Points: 
  • On October 12, 2023, the Missouri Public Service Commission (MPSC) unanimously ruled to reverse their FERC Order 719 opt-out .
  • Missouri’s Public Service Commission opted out of FERC Order 745 in 2010 ( Order Temporarily Prohibiting the Operation of Aggregators of Retail Customers ).
  • In February of 2021, the MPSC invited comments on how the commission should respond to FERC Order 2222.
  • Voltus, Walmart, and other parties participated in workshops and submitted briefs in support of reversing the opt-out.

Fundamentals of The Texas ERCOT Electric Power Market: Register Now for the 2 Day Industry Seminar (Houston, United States - December 7-8, 2023) - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 12, 2023

The "Fundamentals of The Texas ERCOT Electric Power Market" training has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Fundamentals of The Texas ERCOT Electric Power Market" training has been added to ResearchAndMarkets.com's offering.
  • Gain an understanding of the dynamic Texas wholesale and retail competitive markets, and learn how these markets interface with ERCOT ISO energy auctions and ISO operations.
  • Understand, enhance and apply knowledge of the ERCOT' nodal market operations for Energy, Ancillary Services, Market Settlements, Capacity, Retail and Renewables.
  • The key wholesale and retail stakeholders and market participants are, and how their activities shape ERCOT's operations.

United States Electric Power Industry Seminar: Renewable Energy, ISO Markets, and Power Transactions (New York City, United States - November 14-15, 2023) - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 12, 2023

The "In-Depth Seminar: Today's U.S. Electric Power Industry, Renewable Energy, ISO Markets, and Power Transactions" training has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "In-Depth Seminar: Today's U.S. Electric Power Industry, Renewable Energy, ISO Markets, and Power Transactions" training has been added to ResearchAndMarkets.com's offering.
  • If you're seeking a comprehensive understanding of the U.S. electric power industry, including the intricacies of power transactions, this extensive seminar is tailored for you.
  • This program offers a thorough and lucid overview of the U.S. electric power industry's structure, operations, and its current status.
  • Federal vs state regulatory conflicts, and why restructuring today's power industry and the building new power lines is such a complicated task.

CPower Commends Missouri Public Service Commission for Expanding Access to Virtual Power Plants

Retrieved on: 
Monday, October 16, 2023

BALTIMORE, Oct. 16, 2023 /PRNewswire/ -- CPower Energy ("CPower"), the leading, national Distributed Energy Resource (DER) monetization and Virtual Power Plant (VPP) provider, today announced its support of the Missouri Public Service Commission's ("the Commission") decision to spur the development of VPPs in Missouri.  The Commission's Order allows commercial and industrial customers across all of Missouri's investor-owned utilities to work with VPP providers to participate in demand response programs available from the state's two regional grid operators, the Midcontinent Independent System Operator (MISO) and the Southwest Power Pool.

Key Points: 
  • CPower actively participated in the proceeding that resulted in the recent Order, and looks forward to working with the Commission and Missouri utilities to continue bringing innovative solutions to customers.
  • "We applaud the Missouri Public Service Commission for its leadership in being the first MISO state with a traditional regulatory model to allow VPP providers and customers to contribute to grid reliability.
  • This is innovation in action as a direct result of advances in public policy," said Peter Dotson-Westphalen, Senior Director – Regulatory & Government Affairs, CPower.
  • "We hope other Midwest states will take a look at what Missouri is doing to unlock the benefits of VPPs.

Rooftop Solar Adoption Accelerating in ComEd Service Territory

Retrieved on: 
Monday, October 9, 2023

This is a substantial increase from 837 rooftop solar systems connected to the ComEd grid in 2016, reflecting an annual growth rate of 53%.

Key Points: 
  • This is a substantial increase from 837 rooftop solar systems connected to the ComEd grid in 2016, reflecting an annual growth rate of 53%.
  • View the full release here: https://www.businesswire.com/news/home/20231009144509/en/
    Rooftop Solar Adoption Accelerating in ComEd Service Territory (Graphic: Business Wire)
    “We have seen a significant increase in the amount of solar in our service territory due to the passage of the Future Energy Jobs Act in 2016, and it will continue to grow with the implementation of the Climate and Equitable Jobs Act (CEJA) over the next several years,” said Scott Vogt, vice president of Strategy and Energy Policy at ComEd.
  • Customers can print out their personalized solar energy system estimate for use when negotiating with solar contractors about the purchase and installation of solar panels.
  • The rooftop and community solar calculators also provide information on customer assistance programs, including Illinois Solar for All, which helps customers who may qualify for more affordable solar installation or community solar subscriptions through state incentives.