MISO

Watershed and Canva Announce Clean Power Innovation to Reduce Supply Chain Emissions

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星期四, 五月 23, 2024
Guarantee of origin, Partnership, RPI, VPPA, Sustainability, Carbon accounting, Region, Digital, Sale, SAN, Carbon, MISO, Culture, Carbon footprint, Environment, Electricity, Renewable energy

The new projects will generate clean power and Renewable Energy Certificates (RECs), which are proof of the production of a unit of carbon-free electricity.

Key Points: 
  • The new projects will generate clean power and Renewable Energy Certificates (RECs), which are proof of the production of a unit of carbon-free electricity.
  • Canva’s suppliers will use these RECs to reduce their reported emissions from electricity, known as scope 2 emissions.
  • To date, very few companies have been able to drive meaningful reductions in their supply chain,” said Matt Konieczny, Head of Clean Power at Watershed.
  • Watershed and Canva co-developed a fixed-price supply chain VPPA to address Canva’s scope 3 reduction goals.

Voltus and Resideo Launch New Residential Thermostat Virtual Power Plants in PJM ComEd and NYISO PSEG-LI Territories

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星期二, 五月 14, 2024
Partnership, Commonwealth Edison, Ameren, Ancillary services (electric power), Public Service Enterprise Group, DOE, VPP, DER, City, SAN, PPL Corporation, Senior, PJM Interconnection, NYISO, MISO, EEI, PJM, Business development, Primary energy, Electricity, Renewable energy

U.S. electricity demand is expected to reach record highs, growing by 4.1 trillion kWh by 2025 (EEI 2023).

Key Points: 
  • U.S. electricity demand is expected to reach record highs, growing by 4.1 trillion kWh by 2025 (EEI 2023).
  • VPPs offer a reliable, sustainable, and cost-effective solution to grid operators to help meet this growing demand.
  • According to the Department of Energy (DOE) Liftoff Report (Sept. 2023) , tripling VPP capacity could address 10-20% of this growing peak demand.
  • Resideo Grid Services will then intelligently manage the comfort settings of enrolled homes across the ComEd and PSEG-LI territories to seamlessly deliver energy-efficiency savings while keeping homes comfortable.

Advantage Capital Names Steven Lichtin as CEO of Advantage Renewables

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星期二, 五月 21, 2024
Professional Services, Environment, Alternative Energy, Green Technology, Energy, Finance, IPP, Sustainability, Bard College, CCR, MBA, Growth, ERCOT, MISO, Capital, NYISO, PJM, Development, ISO New England, Vanderbilt University, Renewable energy

Advantage Capital, a leading impact investment firm, today announced it has named energy executive Steven Lichtin as Managing Director and Chief Executive Officer of Advantage Renewables.

Key Points: 
  • Advantage Capital, a leading impact investment firm, today announced it has named energy executive Steven Lichtin as Managing Director and Chief Executive Officer of Advantage Renewables.
  • In this capacity, Lichtin will lead and oversee the firm’s growing renewable energy development platform.
  • A seasoned clean energy developer, Lichtin brings nearly 15 years of experience developing solar and energy storage projects in various markets across the U.S.
  • Lichtin earned his MBA in Sustainability from Bard College and his BA in Economics from Vanderbilt University.

Xcel Energy names Rob Berntsen new executive vice president and chief legal and compliance officer

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星期一, 五月 20, 2024
Legal, Other Energy, Utilities, Oil, Gas, Coal, Professional Services, Alternative Energy, Energy, Nuclear, Iraq War, Berkshire Hathaway Energy, JAG, Wind, Berntsen, University, MidAmerican Energy Company, MISO, Xcel Energy, Multimedia, Georgetown University, Renewable energy

Xcel Energy today named Rob Berntsen as the company’s executive vice president and chief legal and compliance officer.

Key Points: 
  • Xcel Energy today named Rob Berntsen as the company’s executive vice president and chief legal and compliance officer.
  • Berntsen takes over the role from Amanda Rome, who held the position on an interim basis while also serving in her role as executive vice president, group president – utilities and chief customer officer.
  • Prior to that, Berntsen worked for MidAmerican Energy Company, where he led the utility’s legal, regulatory, rates, government affairs, compliance, and energy efficiency groups.
  • Berntsen earned his juris doctor degree from the University of Iowa and a Bachelor of Science degree from Georgetown University.

NET Power Reports First Quarter 2024 Results and Provides Business Update

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星期一, 五月 13, 2024
Alternative Energy, Energy, Other Energy, Oil, Gas, Permian, OP1, Power station, FEED, Investment, NET, Sale, Engineering, MISO, EPC, Occidental Petroleum, ASU, Public expenditure, Renewable energy

NET Power Inc. (NYSE: NPWR) (“NET Power” or the “Company”) today reported results for the first quarter of 2024.

Key Points: 
  • NET Power Inc. (NYSE: NPWR) (“NET Power” or the “Company”) today reported results for the first quarter of 2024.
  • Danny Rice, Chief Executive Officer of NET Power, commented, “The urgent need for clean, reliable and affordable energy requires game-changing, innovative solutions like NET Power.
  • NET Power’s origination strategy is designed to accelerate large-scale, economic deployments of NET Power plants across competitive power markets in North America.
  • NET Power will host a conference call to discuss first quarter 2024 financial results beginning at 8:30 AM ET on Monday, May 13.

Two Major Grid Operators Embark on Joint Planning Endeavor To Enhance Reliability

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星期四, 五月 9, 2024
OMS, Weather, News, Organization, OPSI, Electricity, MISO, MGA, PJM Interconnection, PJM, Renewable energy

VALLEY FORGE, Pa. and CARMEL, Ind., May 9, 2024 /PRNewswire/ -- PJM Interconnection and the Midcontinent Independent System Operator (MISO) announced today that the organizations will collaborate on an informational interregional transfer capability study, set to be performed during the second half of 2024.

Key Points: 
  • Increasing transfer capability between regions may help to support greater grid resilience, particularly following extreme weather events and the influx of renewable generation resources with intermittent output.
  • "PJM looks forward to embarking on this study process with MISO as a path to increased coordination," said Paul McGlynn, PJM Vice President – Planning.
  • "Ensuring a reliable energy transition requires greater interdependence among regions and careful planning.
  • "MISO and PJM have a long history of working together to address operational and planning challenges in our regions," said Aubrey Johnson, Vice President System Planning and Competitive Transmission at MISO.

Industry Veterans Team Up, Bring Development Expertise to Projects in ERCOT, SPP, and MISO

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星期二, 五月 7, 2024
Partnership, SPP, Development, Wind, MISO, Smith, Cold, Philip, Renewable energy

Greenbelt's development focuses on areas that are rich in wind and solar resources and power markets that are at the forefront of the energy transition.

Key Points: 
  • Greenbelt's development focuses on areas that are rich in wind and solar resources and power markets that are at the forefront of the energy transition.
  • Together, they have successfully originated, developed, and constructed more than 5 GW of renewable energy projects.
  • The two are now advancing a portfolio of more than 2 GW of wind, solar, and battery storage projects in ERCOT, SPP, and MISO.
  • Moore's and Smith's team includes fellow Ørsted alumni Lucas Buseck, Director of Development and Emily Obradovich, Director of Finance.

Hydrogen Industry Alliance Launched to Accelerate Clean Hydrogen Market Development

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星期三, 五月 1, 2024
Environment, Environmental Issues, Other Energy, Public Policy, Government, Alternative Energy, Sustainability, Green Technology, Energy, Hydrogen, Education, ESN, Investment, Learning, H2, Policy, Duke Energy, Partnership, Transport, CCS, MISO, Noise, HIA, Economic development, BP, Itochu, Heritage, Renewable energy

The HIA is a network of companies spanning the energy and mobility ecosystems working collaboratively to support the development of the clean hydrogen market in the Midwest and beyond.

Key Points: 
  • The HIA is a network of companies spanning the energy and mobility ecosystems working collaboratively to support the development of the clean hydrogen market in the Midwest and beyond.
  • The clean hydrogen industry has announced over 1,400 projects requiring $570 billion in investments by 2030.
  • It will facilitate shared project learnings and market research, advocate with federal, state, and local governments, and educate the public on the benefits of clean hydrogen, thereby driving the development of the clean hydrogen market.
  • For more information about events and to learn more about the Hydrogen Industry Alliance, visit the website at h2industry.org .

MATRIX RENEWABLES SIGNS RENEWABLE ENERGY PURCHASE AGREEMENT WITH HYUNDAI MOTOR GROUP FOR A 284 MWDC SOLAR PROJECT IN BELL COUNTY, TEXAS

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星期二, 四月 30, 2024
State, TPG, WECC, ERCOT, Matrix, K&L Gates, MISO, Hyundai Motor Group, CAISO, PPA, CO2, Renewable energy

MIAMI, April 30, 2024 /PRNewswire/ -- Matrix Renewables, the TPG Rise-backed global renewable energy platform, today announced that it has signed a renewable energy power purchase agreement with affiliates of the Hyundai Motor Group for 147 MWac from its Stillhouse Solar project, a 284 MWdc / 210 MWac total solar PV project located in Bell County, Texas (USA).

Key Points: 
  • MIAMI, April 30, 2024 /PRNewswire/ -- Matrix Renewables, the TPG Rise-backed global renewable energy platform, today announced that it has signed a renewable energy power purchase agreement with affiliates of the Hyundai Motor Group for 147 MWac from its Stillhouse Solar project, a 284 MWdc / 210 MWac total solar PV project located in Bell County, Texas (USA).
  • The Stillhouse Solar project is expected to begin commercial operations in the second part of 2025.
  • "We are thrilled to have finalized this agreement with Hyundai Motor Group, contributing to the achievement of its ambitious sustainability objectives in the United States," said Cindy Tindell, Managing Director and Head of U.S. for Matrix Renewables.
  • We thank Hyundai Motor Group for its commitment to our Stillhouse Solar project and look forward to an enduring relationship."

Nova Clean Energy Closes Acquisition of 1 Gigawatt Wind and Solar Development Asset Portfolio from BNB Renewables

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星期二, 四月 16, 2024
Alternative Energy, Construction & Property, Energy, Green Technology, Sustainability, Technology, Nuclear, Other Natural Resources, Environment, Natural Resources, Urban Planning, Other Technology, Other Energy, Utilities, Other Construction & Property, ISD, Learning, Acceleration, Primary energy, AI, NTP, WECC, Electricity, ERCOT, Texas Gulf Coast, Growth, Wind, MISO, Acquisition, BNB, VEDC, Renewable energy

Nova Clean Energy (‘Nova’) today announced the acquisition of HyFuels, a more than 1 gigawatt portfolio of mid-to-late-stage wind and solar development projects as well as an earlier stage green ammonia project.

Key Points: 
  • Nova Clean Energy (‘Nova’) today announced the acquisition of HyFuels, a more than 1 gigawatt portfolio of mid-to-late-stage wind and solar development projects as well as an earlier stage green ammonia project.
  • Nova acquired HyFuels from BNB Renewable Energy (‘BNB’), a developer with a nearly 20-year track record of developing wind and solar projects across the United States and in Mexico, including for a range of industrial clients.
  • Nova has entered into a long-term development services agreement with BNB, which originated the development in late 2020, ensuring full alignment on the successful delivery of the HyFuels project.
  • Wind paired with solar provides a generation profile that industrial as well as utility customers increasingly want to see.