SPP

Voltus Partners with Citizen Energy to Support Electric Grid Stability in Oklahoma

Retrieved on: 
Wednesday, April 12, 2023

Operating Reserves pays businesses, like Citizen Energy, to temporarily reduce energy in the event of grid disruptions or imbalances.

Key Points: 
  • Operating Reserves pays businesses, like Citizen Energy, to temporarily reduce energy in the event of grid disruptions or imbalances.
  • Voltus connects customers from over twenty industries to this program, using technology to optimize participants’ performance.
  • Customers have access to VoltApp, where they can view real-time energy data, dispatch performance, and cash earned.
  • “Energy companies like Citizen Energy are well positioned to provide significant demand relief to help mitigate short-term grid imbalances.

Adapt2 Solutions Accelerates Market Participation in SPP WEIS for Xcel Energy

Retrieved on: 
Wednesday, April 5, 2023

HOUSTON, April 5, 2023 /PRNewswire-PRWeb/ -- Adapt2 Solutions, a leading provider of AI-enabled multi-market operations, energy trading, and power settlement software, today announced the successful go-live with Xcel Energy. The partnership enables complete market participation and functionality for automated ISO market operations, granular reporting, and outage management. As one of the country's largest energy organizations, Xcel continues to expand into new markets and recognized the need for forward-thinking technology to enable and streamline complete bid-to-bill operations in the SPP Western Energy Imbalance Market (WEIS).

Key Points: 
  • HOUSTON, April 5, 2023 /PRNewswire-PRWeb/ -- Adapt2 Solutions , a leading provider of AI-enabled multi-market operations, energy trading, and power settlement software, today announced the successful go-live with Xcel Energy.
  • As one of the country's largest energy organizations, Xcel continues to expand into new markets and recognized the need for forward-thinking technology to enable and streamline complete bid-to-bill operations in the SPP Western Energy Imbalance Market (WEIS).
  • "By closely collaborating with the multiple business units within the Xcel Energy team and providing our subject matter expertise for the SPP WEIS market, we were able to move this project along quickly to ensure Xcel Energy received market operation functionality in a timely manner," said Adapt2 Solutions Vice President, Kevin Dunlap.
  • To learn more about how Adapt2 is accelerating cross border and international power and gas market operations, visit https://www.adapt2.com/solutions/ or follow Adapt2 on Linkedin ( @Adapt2 Solutions ) for more information on upcoming energy market operations and management webinars.

Lightbridge Provides Business Update and Announces Fiscal Year 2022 Financial Results

Retrieved on: 
Wednesday, March 29, 2023

RESTON, Va., March 29, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced its financial results for the year ended December 31, 2022 and provided an update on the Company's continued progress.

Key Points: 
  • RESTON, Va., March 29, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced its financial results for the year ended December 31, 2022 and provided an update on the Company's continued progress.
  • In December 2022, Lightbridge entered into agreements with Idaho National Laboratory (INL), in collaboration with the U.S. Department of Energy, to support the development of Lightbridge Fuel.
  • The project simulates the fuel and safety performance of Lightbridge Fuel inside a small modular reactor (“SMR”) designed by industry leader NuScale Power.
  • Lightbridge was awarded patents covering various aspects of Lightbridge Fuel from patent offices in Eurasia, Canada, and Korea.

Vanpowers Celebrates World Meteorological Day with Special Offers on Essential Energy Storage Products

Retrieved on: 
Thursday, March 23, 2023

Vanpowers, a brand focusing on the innovation of portable green power generation devices, hosts a World Meteorological Day event to encourage the public to tackle the challenges of weather changes and promote sustainable energy use.

Key Points: 
  • Vanpowers, a brand focusing on the innovation of portable green power generation devices, hosts a World Meteorological Day event to encourage the public to tackle the challenges of weather changes and promote sustainable energy use.
  • During this event, Vanpowers provides special discounts to help customers meet their backup power needs.
  • In honor of World Meteorological Day, customers can get up to 27% off on select Vanpowers products.
  • Don't miss out on this chance to upgrade your power source with Vanpowers' innovative products.

Eaton Strengthens Commitment to Global Supply Chain Sustainability by Joining the Sustainable Procurement Pledge’s League of Champions Program

Retrieved on: 
Tuesday, March 21, 2023

Intelligent power management company Eaton (NYSE:ETN) has joined the Sustainable Procurement Pledge’s (SPP) League of Champions program, further demonstrating the company’s commitment to sustainable business practices.

Key Points: 
  • Intelligent power management company Eaton (NYSE:ETN) has joined the Sustainable Procurement Pledge’s (SPP) League of Champions program, further demonstrating the company’s commitment to sustainable business practices.
  • SPP is an international, non-profit organization for procurement professionals that drives awareness and knowledge of responsible sourcing practices.
  • Launched in 2022, the SPP League of Champions program was created to help procurement leaders equip their teams with the skills to deliver on the organization’s sustainability objectives.
  • “We care about making the world a better place for everyone, and that includes creating a sustainable and ethically managed supply chain,” said Executive Vice President and Chief Supply Chain Officer Rogerio Branco, who will serve as a member on the League of Champions.

Voltus Named a Leader in Wood Mackenzie Virtual Power Plant Market Report

Retrieved on: 
Wednesday, March 15, 2023

SAN FRANCISCO and BOSTON, March 15, 2023 (GLOBE NEWSWIRE) -- Voltus, Inc. ("Voltus"), the leading distributed energy resource (DER) software platform and virtual power plant (VPP) operator, today announced that it has been named a leader in multiple categories in the Wood Mackenzie Virtual Power Plant Market Report .

Key Points: 
  • SAN FRANCISCO and BOSTON, March 15, 2023 (GLOBE NEWSWIRE) -- Voltus, Inc. ("Voltus"), the leading distributed energy resource (DER) software platform and virtual power plant (VPP) operator, today announced that it has been named a leader in multiple categories in the Wood Mackenzie Virtual Power Plant Market Report .
  • Voltus is one of only six companies listed in all three categories - Market Interface, VPP Operator, and DER Platform.
  • Wood Mackenzie Virtual Power Plant Market Report highlights:
    Voltus ranks highest in the number of VPPs that include commercial and industrial customers.
  • “The report also highlights Voltus’s core competency as a Market Interface, which Wood Mackenzie views as a “force multiplier” for DER monetization.

DroneShield Completes $40 million Capital Raise with Substantial Investor Support

Retrieved on: 
Tuesday, March 7, 2023

The SPP generated significant support from DroneShield's existing shareholders and substantially exceeded the $3 million the Company targeted via the SPP.

Key Points: 
  • The SPP generated significant support from DroneShield's existing shareholders and substantially exceeded the $3 million the Company targeted via the SPP.
  • DroneShield received SPP applications of $29.4 million at an issue price of $0.30 per Share.
  • Following completion, the Company has a robust balance sheet to accelerate growth with cash of approximately $50 million and no debt.
  • "The SPP proceeds in particular have been significant, and the Board is appreciative of the support from our shareholders.

AEP SIGNS AGREEMENT TO SELL UNREGULATED RENEWABLES ASSETS

Retrieved on: 
Wednesday, February 22, 2023

At the closing, AEP expects to net approximately $1.2 billion in cash after taxes, transaction fees and other customary adjustments.

Key Points: 
  • At the closing, AEP expects to net approximately $1.2 billion in cash after taxes, transaction fees and other customary adjustments.
  • J.P. Morgan is serving as lead financial advisor and Citigroup Global Markets is serving as financial advisor to AEP for this transaction.
  • AEP announced its plan to sell the assets in February 2022 and launched a competitive bidding process in August.
  • AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide.

ATLAS Works with AWS to Advance Federated Network and Expand Ground Station Coverage

Retrieved on: 
Tuesday, January 31, 2023

The SPP will expand ATLAS’ global federated network, a network of networks that work together seamlessly through Freedom™, ATLAS’ proprietary software that integrates its global ground network with partnered ground antenna sites.

Key Points: 
  • The SPP will expand ATLAS’ global federated network, a network of networks that work together seamlessly through Freedom™, ATLAS’ proprietary software that integrates its global ground network with partnered ground antenna sites.
  • AWS Ground Station lets space operators downlink and process their own satellite data without having to worry about building or managing ground station infrastructure.
  • AWS Ground Station provides a global network of ground stations in close proximity to the global network of AWS infrastructure regions.
  • The work between ATLAS and AWS demonstrates ATLAS’ ability to combine and expand ground networks under a consistent Software as a Service offering.

The Super Bowl is Here: Vanpowers Provides Portable Power Solutions for Campers

Retrieved on: 
Monday, February 6, 2023

LOS ANGELES, Feb. 6, 2023 /PRNewswire/ -- Vanpowers, a company focused on innovating portable green power generation devices, is looking to get customers geared up for the Super Bowl.

Key Points: 
  • LOS ANGELES, Feb. 6, 2023 /PRNewswire/ -- Vanpowers, a company focused on innovating portable green power generation devices, is looking to get customers geared up for the Super Bowl.
  • The brand wants to ensure that anyone can enjoy the Super Bowl from anywhere, so they'll be offering a special discount on the Vanpowers Super Power Pro 2000 portable power station in the coming weeks.
  • "We're excited to showcase backup power solutions for the Super Bowl camping to make life outside more enjoyable. "
  • The Vanpowers Super Power Pro 2000's high 2096Wh capacity can continuously power home projectors for 16 hours within and outside the house.