Celestica Helps Smart Energy Industry OEMs Accelerate Their Energy Storage Roadmap

More governments, businesses and consumers around the world are embracing renewable energy sources, creating significant growth opportunities for smart energy hardware manufacturers. The International Energy Agency forecasts that between now and 2023, renewables, led by solar PV and wind, will see the fastest growth in the electricity sector, and will represent more than 70 percent of global electricity generation growth.

Spotlight

AQT Solar

AQT Solar is the leader in capital-efficient thin-film solar cell manufacturing technology. Our mission is to achieve the highest cost/performance ratio of any solar cell manufacturer. AQT Solar has pioneered a novel and scalable process to manufacture low cost drop-in replacements for conventional silicon cells, finally putting solar within reach.

OTHER ARTICLES
Sustainability

Lead Generation for Renewable Energy: 5 Top Strategies

Article | July 7, 2023

According to a survey from Consumer Reports, 76% of Americans believe that expanding renewable energy is a worthwhile goal. People are interested in renewable energy, but finding those people and turning them into customers is challenging. That’s where lead generation for renewable energy can help. You need smart lead generation strategies to grow your business and get customers access to renewable energy. To discover the top strategies for lead generation for renewable energy companies, keep reading! WebFX is a top lead generation agency, and our team of more than 200 digital marketing experts has generated more than 6.3 million leads for our clients over the past five years. Contact us online or at 888-601-5359 to learn more about our lead generation services.

Read More
Solar+Storage

Building a Clean and Green Smart Grid

Article | June 8, 2022

The evolution of smart grid and the transformation in the power sector? The concept of a Smart Grid has taken centre stage with an evolution of Solar, Wind energy sources, advanced technologies such as AI/ML , Energy storage , introduction of Electric vehicles, sensors that transmit real time data all of which make a smarter, more efficient electrical power grid possible. In contrast the Existing grid is facing some complex challenges that include integrating renewable energy, Cyber security, high losses, unable to support large Electric vehicle penetration and empowering consumers to become power producers. It is time for India to make this paradigm shift that touches right from Generation, Transmission, Distribution and consumption. So, the first step would be the installation of smart meters and Advanced Metering infrastructure which is a key component of the smart grid. The roll out of smart meters has already started and integrating other pieces into this smart meter value chain and other building blocks. This new metering system enables two-way flow of information between consumers and utilities and improve the overall grid operations, cost efficient and support large scale penetration of Electric vehicles. A major transformation is underway and utilities need to develop their roadmap for creating a modern Smart Grid. Solar is seeing low tariffs and what one can interpret from these solar tariff trends? In the last one year, more than 10GW worth of solar projects are auctioned and tariffs discovered are between Rs2 to Rs 2.5. These low tariffs are result of many factors that include aggressive bidding, entry of foreign players, and expectation that module prices will further fall. Also this Covid pandemic has shrink the economy, thus there are fewer tenders from the govt. with more developers chasing fewer tenders to stay in the race. These low prices put enormous pressure on EPC companies and Module suppliers to deliver at these rock bottom prices. These bids take into account the low prices of Chinese imports, now with BCD (Basic custom duty) in force from April 2022 it will be challenging for power producers to continue executing projects at such low prices. Another concern is the delay in signing PPA’s (Power purchase agreements) by Discoms. PPA’s once signed are valid for the entire term of PPA which is usually 25 years. But given the tender tariffs falling every few months, Discoms prefer to wait and delay the signing or renegotiate the existing PPA, dampening the investor confidence and threatening the viability of the Projects. In these circumstances the role of regulatory oversight increases to protect the interests of all the stakeholders. However, in the coming years technology improvements with addition of energy storage and better forecasting techniques, Solar would become the major source and also the cheapest source. So sunny days ahead of solar. The decentralized solar and innovative business models and financing? In the current system of centralized power system, a large power plant produces power, transmits, and distributes it among industries and homes. This process is inefficient as some of the electricity is lost in transmission and distribution. A De-centralized solar is more efficient to generate and consume power locally. It also helps create small businesses and technicians to build and maintain these solar plants. Also as Solar and battery systems increase and become more economical Peer to Peer energy trading is possible where consumers become prosumers (both producers and consumers) and sell their excess power to their peers. This next generation Energy Management and Peer-to-Peer Energy trading facilitates buy and sell orders just like share trading stock exchange. The Energy trading platform maps the buyers and sellers as per their bids and settles the trades. By introducing Block chain technology for energy trading further reduces the transaction costs. The possible business models would be Community based Solar plants where rooftops and open spaces could be used to generate power and trade. All of this result in less losses and brings the much needed dynamism in the distribution of energy. Role of AI and data analytics in the energy sector? The Power sector generates large amounts of data from various nodes on the grid and unfortunately most of this data go unanalysed due to lack of infrastructure and domain expertise. But now with the maturity in data management systems and two-way communication enabling real time data from various components of the grid giving latest and integrated snapshot of the entire power system, it is possible through the application of AI to provide services such as Fault detection, Predictive maintenance, Power quality Monitoring, and Renewable energy forecasting. Many discoms are plagued by theft of power and Cyberattacks. The recent Cyber attack on Maharashtra power grid is an example that caused massive power outage in Mumbai last October plunging the city into darkness. By using the power of AI/ML, algorithms can be trained to detect any attack based on certain attributes. As soon as the attack is detected an alert is sent to the security engineers to bring the system to safety mode. In addition, Smart meters with pre-paid mechanism are expected to be deployed for remote meter reading and accurate billing thus preventing revenue loss. AI/ML has the potential to cut energy waste, lower energy costs, and bring more operation efficiencies for the utilities. Strategies in EV charging and integration with smart grid? EV’s are promising solution to cut greenhouse gas emissions, reduce the cost of transportation and improving the health of citizens. The emerging business models are Public charging stations, third party owned operated charging station, and owner operated charging station. However, the ground reality is far fewer EV’s are running on road due to higher cost, Range anxiety, and long charging times. So, there is need to work closely with all the stakeholders right from utilities, Regulatory bodies, Car manufacturers, charging station operators to expedite the process of EV related infrastructure and incentivize customers to adapt to EV’s rather than convention vehicles. In your question you asked about integration with smart grid and this is a term that captures the shift from basic to smart charging. A smart grid is key to smart EV charging as large number of EV charging at same time can degrade grid performance causing voltage and frequency fluctuations and cause peak power demand or sudden drop in demand. With smart grid in place it is possible to do load balancing, adjust charging patterns and avoid peaking of power. Also one more challenge is there are 3 competing standards and India should define its own standards and enable charging of any vehicle at any charging station. This interoperability is possible by developing standards for front–end and back-end communication and signalling process between Electric vehicles and charging stations and the grid that supplies the power. Smart grid is essential for large deployments of EV’s. Investment opportunities and job creation in this transformation to clean power? Covid has changed the entire investment paradigm and made all of us Environmentally conscious. This is wake up call to prioritize a more sustainable approach to investment in companies that are high on Environmental, Social and Governance score. The recent momentum in ESG investment with more than 3,300 ESG funds is an indication that businesses that demonstrate business ethics, transparency, Sustainability benefit companies and investors and attract best talent too. The spectacular rise of share price of Tesla is a clear message from investors on clean energy and EV transportation. As the world is getting serious India has a catching up to do from the findings of Refinitiv on ESG. As Asset managers, Pension funds, Oil and Gas companies evaluate their exposure to fossil based energy sources and switch towards clean energy this is going to create new Green jobs. These new Green jobs range from retrofitting homes with solar panels, providing home based charging stations, energy efficient appliances, Solid waste mgmt, e-waste mgmt. Similarly, Smart cities, Green buildings, greening of enterprises can be achieved by training the work force on these new concepts and driving investments towards job creation and sustainability. In summary, power sector is in for a major transformation and utilities, industries need to tap the right talent to deal with this disruption and reap immense benefits.

Read More
Strategy and Best Practices, Industry Updates

Sustainable Future with Solar: Key Solar Power Events for 2023

Article | August 16, 2022

Discover top events shaping the future of solar power. These solar conventions and events in 2023 bring together experts and industry leaders to explore groundbreaking technologies and foster collaboration. In an era marked by environmental concerns and the urgent need to transition towards sustainable energy sources, the global focus on solar power has never been more critical. As the global community endeavors to reduce carbon emissions and combat climate change, the significance of exploring innovative solutions and fostering knowledge exchange in this field becomes increasingly apparent. Attending top solar events dedicated to solar power and renewable energy is an exceptional opportunity for professionals, researchers, policymakers, and enthusiasts to immerse themselves in the latest advancements, industry trends, and groundbreaking technologies. This article delves into some of the top solar events that are a must-attend for anyone passionate about solar power and renewable energy. These events serve as hubs of inspiration, collaboration, and education, driving the renewable energy sector forward and shaping a sustainable future for generations to come. 1.Global Energy Show Exhibition & Conference June 11 - 13, 2024 | Calgary (Canada) The Global Energy Show is a leading B2B exhibition and conference that brings together industry buyers, sellers, stakeholders, partners, CEOs, and young professionals to foster knowledge sharing and fuel innovation in the ever-changing energy landscape. This event will serve as an inclusive platform encompassing all energy systems, providing features on the exhibition floor and conference sessions dedicated to oil sands, hydrogen, wind, solar, petrochemicals, gas and LNG, electrification, and nuclear energy. This inclusive approach will ensure that attendees gain a comprehensive understanding of the challenges and opportunities present in the global energy sector. The event's comprehensive program tackles various topics, including meeting energy demand, navigating the energy transition, showcasing cutting-edge technology and innovation, and exploring the role of various energy sources within the broader energy system. By attending the Global Energy Show in 2024, energy professionals can play an active role in leading the path toward sustainably meeting energy demands. 2.ES 2023 (17th International Conference on Energy Sustainability) July 10 - 12, 2023 | Washington D.C. (USA) The ASME (American Society of Mechanical Engineers) Energy Sustainability Conference serves as a focal point for identifying innovative technologies, research advancements, and design solutions that contribute to developing renewable and sustainable energy systems. The conference will focus on various topics, including utility-level systems integration, aiming to create a path toward a more sustainable energy future. Participating researchers will have the opportunity to present their high-quality papers, which will be considered for selection in a special issue dedicated to Energy Sustainability by the ASME Journal of Energy Resources Technology (JERT) and ASME Journal of Engineering for Sustainable Buildings and Cities. This ensures that groundbreaking research and design advancements receive recognition and dissemination in esteemed publications. ES2023 will feature keynote and plenary speakers, as well as panelists from national labs, the Department of Energy, and renowned researchers from universities worldwide. These experts will bring invaluable insights and perspectives to the conference, fostering knowledge exchange and inspiring collaboration among attendees. 3.IEEE Power & Energy Society General Meeting 2023 July 16 - 20, 2023 | Orlando (Florida) The IEEE Power & Energy Society (PES) General Meeting (GM) stands as the premier annual event in the power and electrical engineering field, dedicated to meeting the energy needs of a dynamic world. This highly anticipated gathering will bring together over 3000 leading PES members, power and electrical engineers, prominent academics, and engineering students from around the globe. With a rich history dating back to 1964, when IEEE PES held separate winter and summer meetings, the GM has evolved into a single consolidated event since 2003. It has been a vital platform for knowledge sharing, collaboration, and networking among professionals in the field. By hosting the GM, IEEE PES aims to create an international forum that promotes networking, knowledge sharing, and collaboration among experts in the field. The event will serve as a platform to discuss vital issues, explore progressive developments, and address the challenges and opportunities in electrical and power engineering. 4.Global Summit and Expo on Sustainable and Renewable Energy (GSESRE2023) August 28 - 30, 2023, | London (UK) The 2nd Global Summit and Expo on Sustainable and Renewable Energy (GSESRE2023) aims to bring together renowned researchers, scientists, and scholars from around the world to foster knowledge exchange, present cutting-edge research works, and engage in discussions on the latest topics in the field of sustainable and renewable energy. This 3-day summit will gather key players in the sustainable and renewable energy community and related sectors. It strives to establish itself as a leading event, attracting global participants passionate about sharing, exchanging, and exploring new avenues in Sustainable and Renewable Energy-related scientific and commercial developments. GSESRE2023 features a comprehensive scientific program designed to cover a wide range of topics in Sustainable and Renewable Energy. Attending the summit will gives participants a unique opportunity to enhance their knowledge and stay at the forefront of interdisciplinary approaches to sustainable and renewable energy. The summit not will only offer a platform for learning but also provide invaluable networking opportunities. 5.SEST 2023 (6th International Conference on Smart Energy Systems and Technologies) September 4 - 6, 2023 | Mugla (Turkey) Governments worldwide are investing substantially in smart energy systems and technologies (SEST) to optimize energy utilization, enhance planning for outage responses and recovery, and foster seamless integration of diverse technologies such as renewable energy systems, electric vehicle networks, and smart homes within the power grid. The SEST conference is a premier event that endeavors to address the engineering complexities associated with designing and operating smart energy systems. At the SEST Conference, the primary objective is to facilitate in-depth discussions on advanced methodologies and best practices for developing various components of smart energy systems and ensuring their seamless integration within the grid infrastructure. This conference will serve as a vital platform for researchers, academics, industry professionals, and government regulators to collectively tackle the challenges faced in this domain. It will foster an environment conducive to sharing knowledge, exchanging ideas, and exploring innovative approaches to design and implement smart energy systems. 6.2023 7th International Conference on Renewable Energy and Environment (ICREE 2023) September 22 - 24, 2023 | Eskisehir Technical University, Turkey The 7th International Conference on Renewable Energy and Environment (ICREE 2023) is an eagerly anticipated event taking place in Eskisehir, Turkey. As a workshop of the ICPSE 2023 conference, ICREE 2023 provides an excellent platform for researchers and developers to come together and share their experiences, ideas, and research findings across various fields related to renewable energy and the environment. ICREE 2023 welcomes participants from diverse backgrounds, fostering a collaborative environment where students, postdoctoral researchers, and established scientists can engage in fruitful discussions and contribute to an integrative approach for addressing the challenges and opportunities in renewable energy and environmental sustainability. The conference will encompass an extensive range of topics, focusing on key areas such as photovoltaic technology, PV manufacturing, PV for rural development, solar thermal electricity, wind energy applications, hydropower applications, and more. Through research talks and presentations, attendees will have the opportunity to showcase their work, share insights, and gain valuable feedback from their peers. 7.Renewable and Sustainable Energy (RENEWABLEENG 2023) September 25 - 27, 2023 | Barcelona (Spain) The International Conference on Renewable and Sustainable Energy (RENEWABLEENG 2023) is a prestigious event that brings together a diverse range of participants, including academia, government laboratories, industry professionals, business entrepreneurs, and specialists from around the globe. This conference will offer an exciting environment to share the latest findings, exchange ideas, and establish strategic alliances, all with the shared goal of securing a clean and sustainable environment. RENEWABLEENG 2023 focuses on addressing the current challenges associated with climate change, emphasizing the quest for sustainable development goals and the transition to a low-carbon future, in line with the objectives set by the United Nations Framework Convention on Climate Change. The conference will serve as a platform for identifying pressing issues and generating viable solutions to achieve a more sustainable and environmentally friendly world. Moreover, RENEWABLEENG 2023 will operate in a hybrid format to ensure inclusivity, allowing remote attendees to participate via Zoom. 8.Renewable Energy Markets (REM) 2023 September 18-20, 2023 | Washington D.C. (USA) The annual Renewable Energy Markets conference serves as a gathering point for a diverse range of industry professionals driving the rapid transformation of the global clean energy marketplace. With a history spanning over 25 years, Renewable Energy Markets has earned a reputation as the premier conference series for professionals working in the clean energy sector. Thousands of renewable energy experts rely on REM conferences to equip them with the necessary tools to excel in the expanding retail renewable market. REM brings together corporate leaders, policymakers, and suppliers, fostering collaboration and providing guidance in navigating the dynamic and rapidly expanding renewable energy market. Attendees will have the opportunity to explore emerging trends in policy, exchange best practices in renewable energy procurement and marketing, review the latest technological advancements, and collectively shape the future of renewable energy. Organized by the nonprofit Center for Resource Solutions and co-sponsored by the U.S. Environmental Protection Agency, Renewable Energy Markets offers a highly respected platform that will facilitate knowledge sharing, networking, and collaboration among industry professionals. 9.5th International Conference on Renewable Energy, Resources and Sustainable Technologies (EnergyTech 2023) November 13 - 14, 2023 | Paris (France) The 5th International Conference on Renewable Energy, Resources & Sustainable Technologies (EnergyTech 2023) is a highly anticipated two-day event that brings together academics, researchers, professionals, administrators, educational leaders, industry representatives, and business leaders. It serves as a dynamic platform for knowledge sharing, discussion, and networking among experts in the field. The conference will feature an array of engaging activities, including keynote speakers, presentations, oral talks, poster presentations, and an exhibition. The theme of EnergyTech 2023, 'Accelerating the Advancements in Renewable Energy for Sustainable Growth,' will set the stage for in-depth discussions and exploration of various topics. Renewable energy, with its diverse range of resources, taking center stage, covering areas such as REN21, solar energy, bioenergy, ocean thermal energy conversion, 100% renewable energy, sustainable technologies, developments, advanced technology, and more. Participants can delve into advanced details and engage in interactive sessions that foster collaboration and knowledge exchange. The conference will offer a comprehensive program that addresses critical aspects of renewable energy, aiming to accelerate advancements in the field and drive sustainable growth. 10.Energy Trends 2023 (European Congress on Renewable Energy and Sustainable Development) November 16 - 17, 2023 | Rome (Italy) Energy Trends 2023 is a peer-reviewed European Congress on Renewable Energy and Sustainable Development. This prestigious event serves as a platform for researchers, professors, scientists, business delegates, entrepreneurs, practitioners, managers, and students from around the world to come together and strengthen their professional networks for the advancement of a sustainable future. The conference is dedicated to the theme of Developing and Securing Energy Technologies for a Sustainable Future. It aims to provide advanced, eco-friendly energy solutions that offer a competitive advantage and cost savings in various industrial and business sectors. Energy Trends 2023 will facilitate lively engagement and knowledge sharing among industry leaders and experts by focusing on cutting-edge presentations, special panel discussions, and interactive sessions. The conference will provide a platform to share new and exciting research findings and results. This exchange of knowledge and expertise contribute to the continuous development of renewable energy solutions and fosters the achievement of a sustainable future worldwide. Key Takeaways As the world increasingly recognizes the urgent need for sustainable and renewable energy solutions, attending top solar power conventions and events becomes crucial for professionals, researchers, and enthusiasts alike. These solar events will serve as catalysts for innovation, knowledge sharing, and collaboration, driving the advancement of solar power and renewable energy. By attending these top solar conventions and events in 2023, individuals can stay at the forefront of solar power and renewable energy developments, gain valuable insights, forge meaningful connections, and contribute to a sustainable future. These events offer unparalleled opportunities to engage with the brightest minds, discover groundbreaking technologies, and collaborate toward a cleaner, more sustainable energy landscape. Attending these top solar power events is not just an investment in personal and professional growth but also a commitment to driving the renewable energy revolution forward.

Read More
Energy, Industry Updates

Energy Management: An Energy Strategy for the C-Suite

Article | July 29, 2022

Every year, large corporations spend millions, if not billions, of dollars on energy—and millions more on supply chain, outsourcing, and logistical expenditures. Outside of the most energy-intensive sectors, however, the majority of businesses regard energy as just a cost to be managed. This is a strategic error that misses out on the significant potential to decrease risk, boost resilience, and generate new value. Today, energy is moving up the corporate agenda as a result of broad environmental, social, and economic developments, such as climate change and global carbon regulation, growing demands on natural resources, increased standards for corporate environmental performance, advances in energy technology and business models, and dropping costs for renewable energy sources. These major trends alter the environment in which businesses operate, exposing them to new risks and value-generating opportunities. PWC surveyed major commercial and industrial enterprises based in the United States and discovered that 72% are actively exploring new renewable energy acquisitions in order to decrease emissions (85%), produce an attractive ROI (76%), and mitigate the risks related to energy price volatility (59%). Corporate energy is a focus. Organizations in all sectors—and particularly those with large energy footprints—are encouraged to implement a C-suite strategy for energy management developed around the key points mentioned below. Make Energy Management a C-Suite Priority. If energy is to get the attention it requires in order to have an effect, its significance must be conveyed from the top down. This will require the CEO to designate energy management as one of the company's top objectives and delegate strategy development and implementation to the COO, CFO, or other executives. Embrace Renewable Energy Technologies Technology advancements, coupled with government incentives, have driven down the cost of sustainable energy. LED lighting, solar energy, wind energy, and the batteries that enable intermittent renewables, for example, have all come down in price in recent years, making these technologies more economical than before. This is significant since alternative energy solutions can provide enormous advantages to businesses, such as preparing them for future requirements, enabling them to continue operations in the case of a power loss, and strengthening their image as an environmentally conscientious brand (for CRE, this. As a result, every business energy management plan should contain a directive to adopt renewable and alternative energies at every opportunity. Strategize Using Risk and Opportunity The risk and opportunity factors connected to its sourcing and consumption should serve as the foundation for the company's energy management strategy. This calls for a comprehensive grasp of the company's present energy costs and the potential benefits of change. Therefore, while creating an energy management plan, businesses should think about how they can: Calculate and cut down on variable energy bills. Energy costs should be adjusted to improve the value and reduce expenses. Increase the amount of renewable energy they utilize. Reduce their carbon footprint. Select suppliers that exhibit a dedication to eco-friendly operations. Integrate energy strategy into the organization's goals and daily activities. Make a public strategy to achieve strict emission and energy use goals. Closing Lines Competitive edge drivers are constantly evolving. Not a long time ago, "quality" was a fringe philosophy, and IT was just a cost center. Quality is no longer optional, and understanding big data is essential. Energy is taking a similar path. What was previously buried deep inside procurement is now emerging to take its position among the fundamental drivers of corporate success.

Read More

Spotlight

AQT Solar

AQT Solar is the leader in capital-efficient thin-film solar cell manufacturing technology. Our mission is to achieve the highest cost/performance ratio of any solar cell manufacturer. AQT Solar has pioneered a novel and scalable process to manufacture low cost drop-in replacements for conventional silicon cells, finally putting solar within reach.

Related News

Strategy and Best Practices,Energy

Vivint Smart Home Brings Smart Energy Production Data to Vivint App

Vivint Smart Home, Inc | November 30, 2022

Vivint Smart Home, Inc. (NYSE: VVNT), a leading smart home company, announced a new feature for Vivint Smart Energy customers that allows them to view solar production data from their solar panels directly in the Vivint app. This feature is the next step in further integrating solar energy into the Vivint Smart Home experience and helping customers achieve a smarter, greener, and safer home that saves them moneyMonitored directly through the Vivint app, Vivint customers will have the ability to view the production of clean energy produced by their solar systems, including data on how much energy their panels generate, insights into how well their energy production is working, their potential savings over using energy from the grid, and what kind of environmental impact their system is having. “Smart Energy has been a major focus for us over the past couple of years as we look to expand our industry-leading smart home experience for our customers,This new integration is another step towards making the home smarter as well as empowering our customers with the data they need to be smarter with their energy use. We’re excited to bring this new feature to customers and look forward to adding more features in the future.” -Evan Pack, senior vice president of energy at Vivint. The new feature integrates solar panel data directly into the Vivint app, so customers are able to view all of the information about their systems in one place, creating a seamless experience and highlighting the value of their solar systems. The feature will be available to existing Vivint customers with an Enphase inverter and to customers with SolarEdge inverters that are installed by Freedom Forever, with plans to expand to additional customers in the near future. Customers will begin seeing their solar data populate in the Vivint app over the coming days. About Vivint Smart Home Vivint is a leading smart home company in the United States. Vivint delivers an integrated smart home system with in-home consultation, professional installation and support delivered by its Smart Home Pros, as well as 24/7 customer care and monitoring. Dedicated to redefining the home experience with intelligent products and services, Vivint serves more than 1.9 million customers throughout the United States. For more information, visit https://www.vivint.com.

Read More

Energy

Veritone Joins SEPA and Utility Analytics Institute to Advance Collective Mission to Make Energy Delivery Cleaner, Cheaper & More Reliable

Veritone | December 07, 2021

Veritone, Inc., creator of aiWARE, a hyper-expansive enterprise AI platform, announced that it has joined the Smart Electric Power Alliance (SEPA) and the Utility Analytics Institute (UAI), leading industry organizations focused on the transformation of utilities. As a member, Veritone will add its strong AI leadership and deep machine learning expertise to help utility decision-makers solve complex challenges resulting from the rise of renewable energy sources, new legislation, climate change, and the global push towards decarbonization. Like many other industries, utilities’ decision-makers and organizations like SEPA and UAI recognize the game-changing capabilities of AI, machine learning, automation, and analytics. Particularly with the Federal Energy Regulatory Commission’s (FERC) Order No. 2222 fostering competition in the wholesale energy market taking effect February 2022, there is no better time than now for Veritone to join these forward-thinking organizations. With our AI-driven energy solutions, together, we can fast-track our collective mission to make power delivery greener, cheaper, and more reliable as the nation transitions to a decarbonized future. Sean McEvoy, SVP, Energy Solutions, Veritone. Globally, we are going through an energy transition, shifting from fossil-based energy production and consumption systems to renewable energy sources. Unreliable green energy sources, new forms of energy storage and energy supply, and demand imbalances, however, may impact customer satisfaction and company profitability. And with such exponential growth in power system complexity, utilities will find it increasingly challenging to maintain day-to-day reliability, as well as resilience to many types of grid disruptions. Veritone’s AI-powered energy solutions—built on its proven, open and future-proof aiWARE platform— help utilities and independent power producers increase reliability, decrease operational costs, and reduce carbon footprint by accurately predicting, synchronizing, optimizing, and controlling integrated distributed energy resources. Using a reinforcement learning approach, Veritone's modules continuously adapt and auto-retrain to make optimal decisions, even with a high number of possible constraints. System and hardware agnostic, Veritone offers its energy solutions on-premise, in a hosted environment, or as a service to give its customers the ultimate flexibility without sacrificing performance. About Veritone Veritone is a leader in enterprise artificial intelligence (AI) solutions. Serving organizations in both commercial and regulated sectors, Veritone’s software, services, and industry applications simplify data management, empowering the largest and most recognizable brands in the world to run more efficiently, accelerate decision making and increase profitability. Veritone’s hyper-expansive Enterprise AI platform, aiWARE™, orchestrates an ever-growing ecosystem of machine learning models to transform audio, video and other data sources into actionable intelligence. Through its robust partner ecosystem and professional and managed services, Veritone develops and builds AI solutions that solve the problems of today and tomorrow. About SEPA The Smart Electric Power Alliance (SEPA) is dedicated to helping electric power stakeholders address the most pressing issues they encounter as they pursue the transition to a clean and modern electric future and a carbon-free energy system by 2050. We are a trusted partner providing education, research, standards, and collaboration to help utilities, electric customers, and other industry players across three pathways: Electrification, Grid Integration, Regulatory and Business Innovation. Through educational activities, working groups, peer-to-peer engagements and advisory services, SEPA convenes interested parties to facilitate information exchange and knowledge transfer to offer the highest value for our members and partner organizations. About Utility Analytics Institute Utility Analytics Institute (UAI) enables utility transformation through analytics. Transforming into a data decision-based company is one of the most difficult transitions a utility will have to make to thrive in the new energy economy. It’s more than just managing massive amounts of data, implementing the right tools and technology, and people and process management. It’s ensuring you have proper change management processes in place to address cultural challenges, as well as data management and governance plans, and best practice and compliant security strategies in place. It’s implementing the best organizational structure for your utility, and hiring and retaining talented staff, plus so much more! UAI brings together the leading utilities who are serious about tackling these challenges and together we concentrate on utility analytics.

Read More

Los Angeles hosts world’s largest blockchain-enabled advanced energy community

Smart energy | May 27, 2020

The California Energy Commission (CEC) has awarded a $9 million grant to the Energy Coalition, Community Electricity, and a consortium of energy partners to support disadvantaged communities in Los Angeles through the implementation of innovative technologies. The CEC is providing the grant through its Electric Programme Investment Charge (EPIC) Programme, which supports clean energy research in California. The Basset-Avocado Advanced Energy Community (BAAEC) project is expected to give rise to the perfect formula to design a feasible community-scale decarbonisation strategy.

Read More

Strategy and Best Practices,Energy

Vivint Smart Home Brings Smart Energy Production Data to Vivint App

Vivint Smart Home, Inc | November 30, 2022

Vivint Smart Home, Inc. (NYSE: VVNT), a leading smart home company, announced a new feature for Vivint Smart Energy customers that allows them to view solar production data from their solar panels directly in the Vivint app. This feature is the next step in further integrating solar energy into the Vivint Smart Home experience and helping customers achieve a smarter, greener, and safer home that saves them moneyMonitored directly through the Vivint app, Vivint customers will have the ability to view the production of clean energy produced by their solar systems, including data on how much energy their panels generate, insights into how well their energy production is working, their potential savings over using energy from the grid, and what kind of environmental impact their system is having. “Smart Energy has been a major focus for us over the past couple of years as we look to expand our industry-leading smart home experience for our customers,This new integration is another step towards making the home smarter as well as empowering our customers with the data they need to be smarter with their energy use. We’re excited to bring this new feature to customers and look forward to adding more features in the future.” -Evan Pack, senior vice president of energy at Vivint. The new feature integrates solar panel data directly into the Vivint app, so customers are able to view all of the information about their systems in one place, creating a seamless experience and highlighting the value of their solar systems. The feature will be available to existing Vivint customers with an Enphase inverter and to customers with SolarEdge inverters that are installed by Freedom Forever, with plans to expand to additional customers in the near future. Customers will begin seeing their solar data populate in the Vivint app over the coming days. About Vivint Smart Home Vivint is a leading smart home company in the United States. Vivint delivers an integrated smart home system with in-home consultation, professional installation and support delivered by its Smart Home Pros, as well as 24/7 customer care and monitoring. Dedicated to redefining the home experience with intelligent products and services, Vivint serves more than 1.9 million customers throughout the United States. For more information, visit https://www.vivint.com.

Read More

Energy

Veritone Joins SEPA and Utility Analytics Institute to Advance Collective Mission to Make Energy Delivery Cleaner, Cheaper & More Reliable

Veritone | December 07, 2021

Veritone, Inc., creator of aiWARE, a hyper-expansive enterprise AI platform, announced that it has joined the Smart Electric Power Alliance (SEPA) and the Utility Analytics Institute (UAI), leading industry organizations focused on the transformation of utilities. As a member, Veritone will add its strong AI leadership and deep machine learning expertise to help utility decision-makers solve complex challenges resulting from the rise of renewable energy sources, new legislation, climate change, and the global push towards decarbonization. Like many other industries, utilities’ decision-makers and organizations like SEPA and UAI recognize the game-changing capabilities of AI, machine learning, automation, and analytics. Particularly with the Federal Energy Regulatory Commission’s (FERC) Order No. 2222 fostering competition in the wholesale energy market taking effect February 2022, there is no better time than now for Veritone to join these forward-thinking organizations. With our AI-driven energy solutions, together, we can fast-track our collective mission to make power delivery greener, cheaper, and more reliable as the nation transitions to a decarbonized future. Sean McEvoy, SVP, Energy Solutions, Veritone. Globally, we are going through an energy transition, shifting from fossil-based energy production and consumption systems to renewable energy sources. Unreliable green energy sources, new forms of energy storage and energy supply, and demand imbalances, however, may impact customer satisfaction and company profitability. And with such exponential growth in power system complexity, utilities will find it increasingly challenging to maintain day-to-day reliability, as well as resilience to many types of grid disruptions. Veritone’s AI-powered energy solutions—built on its proven, open and future-proof aiWARE platform— help utilities and independent power producers increase reliability, decrease operational costs, and reduce carbon footprint by accurately predicting, synchronizing, optimizing, and controlling integrated distributed energy resources. Using a reinforcement learning approach, Veritone's modules continuously adapt and auto-retrain to make optimal decisions, even with a high number of possible constraints. System and hardware agnostic, Veritone offers its energy solutions on-premise, in a hosted environment, or as a service to give its customers the ultimate flexibility without sacrificing performance. About Veritone Veritone is a leader in enterprise artificial intelligence (AI) solutions. Serving organizations in both commercial and regulated sectors, Veritone’s software, services, and industry applications simplify data management, empowering the largest and most recognizable brands in the world to run more efficiently, accelerate decision making and increase profitability. Veritone’s hyper-expansive Enterprise AI platform, aiWARE™, orchestrates an ever-growing ecosystem of machine learning models to transform audio, video and other data sources into actionable intelligence. Through its robust partner ecosystem and professional and managed services, Veritone develops and builds AI solutions that solve the problems of today and tomorrow. About SEPA The Smart Electric Power Alliance (SEPA) is dedicated to helping electric power stakeholders address the most pressing issues they encounter as they pursue the transition to a clean and modern electric future and a carbon-free energy system by 2050. We are a trusted partner providing education, research, standards, and collaboration to help utilities, electric customers, and other industry players across three pathways: Electrification, Grid Integration, Regulatory and Business Innovation. Through educational activities, working groups, peer-to-peer engagements and advisory services, SEPA convenes interested parties to facilitate information exchange and knowledge transfer to offer the highest value for our members and partner organizations. About Utility Analytics Institute Utility Analytics Institute (UAI) enables utility transformation through analytics. Transforming into a data decision-based company is one of the most difficult transitions a utility will have to make to thrive in the new energy economy. It’s more than just managing massive amounts of data, implementing the right tools and technology, and people and process management. It’s ensuring you have proper change management processes in place to address cultural challenges, as well as data management and governance plans, and best practice and compliant security strategies in place. It’s implementing the best organizational structure for your utility, and hiring and retaining talented staff, plus so much more! UAI brings together the leading utilities who are serious about tackling these challenges and together we concentrate on utility analytics.

Read More

Los Angeles hosts world’s largest blockchain-enabled advanced energy community

Smart energy | May 27, 2020

The California Energy Commission (CEC) has awarded a $9 million grant to the Energy Coalition, Community Electricity, and a consortium of energy partners to support disadvantaged communities in Los Angeles through the implementation of innovative technologies. The CEC is providing the grant through its Electric Programme Investment Charge (EPIC) Programme, which supports clean energy research in California. The Basset-Avocado Advanced Energy Community (BAAEC) project is expected to give rise to the perfect formula to design a feasible community-scale decarbonisation strategy.

Read More

Events