DER

The Backbone for a Clean, Reliable Energy Future: Schneider Electric and PG&E Announce Solution on Microsoft Azure to Maximize Value of EVs, Solar and Battery Energy Storage as Flexible Grid Resources

Retrieved on: 
Tuesday, July 25, 2023

EcoStruxure™ DERMS is a cloud-based, grid-aware software platform, which runs on Microsoft Azure, that integrates, analyzes, and optimizes data from DER—like solar, electric vehicles, battery energy storage, and microgrids.

Key Points: 
  • EcoStruxure™ DERMS is a cloud-based, grid-aware software platform, which runs on Microsoft Azure, that integrates, analyzes, and optimizes data from DER—like solar, electric vehicles, battery energy storage, and microgrids.
  • That data then provides electric grid operators with enhanced communication and coordination capabilities to unlock the value of DER as flexible grid resources.
  • "It's a customer-focused energy solution that will bolster reliability and affordability on the path to a clean energy future."
  • In August of 2020, PG&E had just 6.5 megawatts (MW) of battery energy storage connected to the power grid.

Industry Leaders CPower and Foreman Unveil Groundbreaking Partnership to Maximize Mining Operations and Boost Demand Response Revenue

Retrieved on: 
Tuesday, July 25, 2023

MIAMI , July 25, 2023 /PRNewswire/ -- Today at the Mining Disrupt Conference, CPower Energy ("CPower"), and OBM ("Foreman") announced that they have partnered to integrate CPower's EnerWise® Site Optimization technology ("EnerWise") into Foreman's mining management platform. CPower is the leading, national Distributed Energy Resource (DER) monetization and Virtual Power Plant (VPP) provider. Foreman is the industry's leading miner management and curtailment software. The partnership improves the demand response functionality of Foreman's software, allowing Foreman customers to optimize participation in demand response programs to generate maximum revenue while contributing to grid reliability.

Key Points: 
  • The partnership improves the demand response functionality of Foreman's software, allowing Foreman customers to optimize participation in demand response programs to generate maximum revenue while contributing to grid reliability.
  • The CPower and Foreman integration allows Foreman's platform to optimize demand response enrollment and participation across numerous grid services programs.
  • By integrating via CPower Connect , the partnership enables Foreman customers to automatically curtail their energy consumption during periods of peak grid demand.
  • At present, CPower is the leading demand response provider enabling fast-acting programs with strike price automation capability.

CPower Applauds DTE Energy for Including Innovative Demand Response Procurement Mechanisms in Integrated Resource Plan

Retrieved on: 
Monday, July 24, 2023

BALTIMORE, July 24, 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 settlement agreement in DTE Energy's proposed CleanVision Integrated Resource Plan (IRP), which for the first time will allow the Michigan utility to procure demand response (DR) resources aggregated by third parties to meet energy capacity requirements and decarbonization goals. By leveraging customer load flexibility, DTE will meet growing energy needs at a lower cost while also rewarding Michigan energy users for providing services to the grid. Such innovative procurement mechanisms are in line with those included in CPower's demand response framework for midwestern energy stakeholders released last year.

Key Points: 
  • By leveraging customer load flexibility, DTE will meet growing energy needs at a lower cost while also rewarding Michigan energy users for providing services to the grid.
  • Such innovative procurement mechanisms are in line with those included in CPower's demand response framework for midwestern energy stakeholders released last year.
  • "We applaud DTE's leadership in including third-party aggregated demand response in capacity procurement," said Peter Dotson-Westphalen, Senior Director – Regulatory & Government Affairs, CPower.
  • The carefully crafted demand response procurement and incentive framework included in the CleanVision Integrated Resource Plan settlement agreement is a win for Michigan's grid, energy users and environment."

Guidehouse Insights Estimates Market for Energy Service Companies Will Grow to Nearly $68 Billion by 2032

Retrieved on: 
Thursday, July 20, 2023

BOULDER, Colo., July 20, 2023 /PRNewswire/ -- A new report from Guidehouse Insights provides a comprehensive analysis of the energy service companies (ESCO) market globally.

Key Points: 
  • Market drivers include fluctuating energy prices and supply instability, regulations, government incentives and cost-saving opportunities
    BOULDER, Colo., July 20, 2023 /PRNewswire/ -- A new report from Guidehouse Insights provides a comprehensive analysis of the energy service companies (ESCO) market globally.
  • According to a new report from Guidehouse Insights, the global ESCO performance contracting market, including guaranteed savings, performance contracts, shared savings performance contracts, and energy as a service (EaaS), is expected to grow from $25.9 billion in 2023 to $67.5 billion in 2032 at a compound annual growth rate (CAGR) of 11.2%.
  • "To succeed in today's energy management landscape, ESCOs need diverse contracting and financial mechanisms to facilitate seamless installations and solutions for their clients," says David Gonzalez, research analyst with Guidehouse Insights.
  • Interviews with a range of market stakeholders were conducted to collect information on market trends and inform assumptions on expected market revenues.

CPower Wins Environment + Energy Leader 2023 Product of the Year Award for EnerWise® Site Optimization

Retrieved on: 
Wednesday, July 19, 2023

BALTIMORE, July 19, 2023 /PRNewswire/ -- CPower Energy ("CPower"), the leading, national Distributed Energy Resources (DER) monetization and Virtual Power Plant (VPP) provider, today announced that it has won Environment + Energy (E+E) Leader's 2023 Product of the Year Award for its EnerWise® Site Optimization technology ("EnerWise"). The award program's expert judges consider CPower's innovation as a stand-out example amongst industry-wide efforts to strengthen the power grid, improve energy management and increase customers' bottom lines. This is the fourth year in a row that CPower has been recognized by E+E Leader.

Key Points: 
  • BALTIMORE, July 19, 2023 /PRNewswire/ -- CPower Energy (" CPower "), the leading, national Distributed Energy Resources (DER) monetization and Virtual Power Plant (VPP) provider, today announced that it has won Environment + Energy (E+E) Leader's 2023 Product of the Year Award for its EnerWise® Site Optimization technology (" EnerWise ").
  • The award program's expert judges consider CPower's innovation as a stand-out example amongst industry-wide efforts to strengthen the power grid, improve energy management and increase customers' bottom lines.
  • This is the fourth year in a row that CPower has been recognized by E+E Leader.
  • "We are honored to be recognized by E+E Leader yet again for our EnerWise technology," said Mathew Sachs, Senior Vice President – Strategy, CPower.

2023 Data Exposure Report: Life Sciences Sector Prioritizes Insider Risk Management Amid Increasing Data Loss Incidents

Retrieved on: 
Tuesday, July 18, 2023

Code42 Software, Inc., the Insider Risk Management (IRM) leader, today released its 2023 Annual Data Exposure Report (DER): Life Sciences Sector .

Key Points: 
  • Code42 Software, Inc., the Insider Risk Management (IRM) leader, today released its 2023 Annual Data Exposure Report (DER): Life Sciences Sector .
  • Faced with this growing threat, Life Sciences leaders are prioritizing modern data loss prevention strategies, which are proving effective.
  • Though data loss from insiders, or Insider Risk, is pervasive across all industries, it is uniquely damaging for companies in the Life Sciences sector.
  • Despite suffering fewer insider-driven events than other industries, data loss incidents are on the rise
    Compared to other industries, there are fewer recorded insider incidents in the Life Sciences sector.

EnerNex Marks 20 Years of Innovative Solutions for the Electric Power Industry

Retrieved on: 
Tuesday, July 18, 2023

EnerNex, a CESI company , a leading electric power engineering, consulting, and research firm, celebrates its 20th anniversary this month.

Key Points: 
  • EnerNex, a CESI company , a leading electric power engineering, consulting, and research firm, celebrates its 20th anniversary this month.
  • Over the past 20 years, EnerNex has gained a reputation of being a go to resource for understanding, analyzing, and solving an assortment of diverse, complex, and unique challenges for the electric utility and power industry.
  • EnerNex President and CEO Jeff Lamoree reflects, “It’s quite an achievement to see the company that the three of us founded 20 years ago become what it is today.
  • Played a crucial role in the development of industry standards for studying the impacts of integrating large amounts of renewables into the power grid.

Avangrid’s New York Companies File Action Plan to Advance State Climate Goals

Retrieved on: 
Monday, July 17, 2023

Avangrid, Inc. (NYSE: AGR), a member of the Iberdrola Group, announced today that its New York subsidiaries, New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E), have filed their 2023 Distributed System Implementation Plan (DSIP) with the New York State Public Service Commission.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a member of the Iberdrola Group, announced today that its New York subsidiaries, New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E), have filed their 2023 Distributed System Implementation Plan (DSIP) with the New York State Public Service Commission.
  • This plan presents the companies’ strategy and framework for supporting New York state’s Climate Leadership and Community Protection Act (CLCPA) and advancing clean energy solutions for customers.
  • As one of the country’s leading sustainable energy companies, Avangrid has ambitious clean energy goals that directly align with the CLPCA.
  • With dramatic and transformative changes occurring in the electric grid, utilities need to plan and operate their system differently.

Schneider Electric Ranked #1 in Microgrid Integrator Leaderboard report by Guidehouse Insights

Retrieved on: 
Monday, July 17, 2023

BOSTON, July 17, 2023 /PRNewswire/ -- Schneider Electric , the leader in the digital transformation of energy management and automation, today announced its number-one ranking in the inaugural Guidehouse Insights 2023 Microgrid Integrator Leaderboard , acknowledging Schneider's unique strategy and execution, demonstrated through its microgrid services, technologies and innovative scope of delivery through joint ventures.

Key Points: 
  • BOSTON, July 17, 2023 /PRNewswire/ -- Schneider Electric , the leader in the digital transformation of energy management and automation, today announced its number-one ranking in the inaugural Guidehouse Insights 2023 Microgrid Integrator Leaderboard , acknowledging Schneider's unique strategy and execution, demonstrated through its microgrid services, technologies and innovative scope of delivery through joint ventures.
  • Schneider Electric tops the rankings in this year's report because of its experience developing both highly customized solutions as well as its newly launched, standardized EcoStruxure Microgrid Flex offering for midsized commercial sites.
  • In North America alone, Schneider Electric has successfully designed, built, and currently maintains over 350 advanced microgrid control projects.
  • "It is worth emphasizing that for our very first Microgrid Integrator Leaderboard report, Schneider ranked number one, due to their global portfolio of microgrid projects, experience designing highly customized solutions, newly launched standardized offering for midsized commercial sites, and innovative third-party financing partnerships," said Dan Power, Senior Research Analyst at Guidehouse Insights.

Michael D. Smith Named as CPower's Chief Executive Officer as John Horton Announces His Retirement

Retrieved on: 
Monday, July 17, 2023

BALTIMORE, July 17, 2023 /PRNewswire/ -- CPower Energy (" CPower ") today named Michael D. Smith as Chief Executive Officer, following the announcement by CPower's current President and CEO John Horton of his retirement.

Key Points: 
  • BALTIMORE, July 17, 2023 /PRNewswire/ -- CPower Energy (" CPower ") today named Michael D. Smith as Chief Executive Officer, following the announcement by CPower's current President and CEO John Horton of his retirement.
  • Smith is an accomplished energy leader whose expertise will further strengthen the company's leading position in the rapidly evolving Distributed Energy Resource (DER) and Virtual Power Plant (VPP) markets.
  • Most recently Smith was CEO of ForeFront Power, where he led the company's core North American solar and energy storage business.
  • Horton expressed his support for Smith and the future of the company: "It has been an honor to lead CPower for the past nine years, alongside our exceptional team.