Clean Energy and its Impact on Climate Change: Expanding Opportunities for Energy Players with an Optimistic Outcome

February 6, 2019 | 65 views

It is a fact that climate change and the production of energy from fossil fuels are closely correlated. It begs a new energy model, which reduces CO2 emissions. Though climate change is a challenge, it gives us an opportunity to explore true sustainable development, promote renewable energy, encourage genuine development and reduce external dependence. Cheap energy drives economic growth. Polluter pays the carbon tax.

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GeothermEx Inc.

GeothermEx is the most comprehensive geothermal resource consulting and services firm in the Western Hemisphere. Having served a large and diverse client base in evaluating and developing hundreds of geothermal fields

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SOLAR+STORAGE

A vision for renewable energy

Article | June 14, 2022

Right now, renewable energy makes up a very small part of the entire energy sector of Bangladesh. But as we move into the future, and concerns about the environment become too great to ignore, exploring cleaner and greener sources of energy becomes the need of the hour. Our economy is booming, and our population is growing, so it goes without saying that our energy requirements are immense. There is plenty of scientific evidence that burning fossil fuels indiscriminately is not sustainable in the long term, so we do need to up our game in looking at alternatives.

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STRATEGY AND BEST PRACTICES, ENERGY

2020: The Year of Convergence in Corporate Renewables

Article | July 27, 2022

The rapid growth of corporate renewable procurement has been nothing short of a buyer-driven revolution in the United States’ electric sector. Almost 20 gigawatts (GWs) of corporate power purchasing agreements (PPAs) were completed in 2019 across the globe, up from 13 GWs of corporate PPAs in 2018 and triple the numbers from 2017.1,2 And the majority of this growth has come from the United States. Fortunately for those of us committed to renewable energy, we expect this trend to continue. But as should be expected in such a dynamic, buyer-driven sector, we are starting to see some noticeable shifts in the marketplace as it evolves and grows. I wanted to highlight some of the trends Constellation is watching for this year.

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SOLAR+STORAGE

2020 Trends That Will Make Waves In The Energy Industry

Article | June 8, 2022

In the renewable world, energy is generated by weather and the amount of energy that can be produced depends on the current conditions. Energy storage can ensure a power supply is maintained when weather conditions are not optimal for generating energy. While energy storage products have already been introduced to all levels of the market there are several technology hurdles to overcome before energy storage will reach maximum potential. We believe there will be great advancements in 2020 on:

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Solar Power, Great For The Environment? Or Is It The Last Thing We Need?

Article | February 10, 2020

Solar power is an undeniably a green, renewable form of electricity generation - but many organisations with questionable motives (even here in New Zealand) are trying to persuade the public (and Government – hi lobbyists!) that solar power isn’t that environmentally friendly, and that it's even harmful. At the expense of bullish corporate profits, solar power is often thrown under the bus. This article lists the facts - putting an end to the negative spin on solar so often found in the media. When solar panels produce power, they do not; create any air pollution, use zero water, create carbon emissions, noise pollution, and they won’t disturb surrounding ecosystems. Solar power is a renewable energy source, the sun’s rays are infinite, fill your boots.

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Spotlight

GeothermEx Inc.

GeothermEx is the most comprehensive geothermal resource consulting and services firm in the Western Hemisphere. Having served a large and diverse client base in evaluating and developing hundreds of geothermal fields

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SOLAR+STORAGE, ENERGY

Form Energy and Xcel Energy Partners for Two Multi-day Energy Storage Projects

Form Energy, Inc | January 30, 2023

Form Energy, Inc., an American technology company developing and selling a new class of economic, multi-day energy storage systems, recently announced that it had signed definitive agreements to install its iron-air battery systems at two of Xcel Energy's retiring coal plant sites. The storage technology will enable Xcel Energy to incorporate more low-cost, renewable energy into its structure while maintaining reliability as it retires coal plants and transitions to a more renewable future in the coming years. The Sherburne County Generating Station, located in Becker, Minnesota, will receive a 10 MW / 1,000 MWh multi-day storage system from Xcel Energy-Minnesota. The Comanche Generating Station, based in Pueblo, Colorado, will also deploy a 10 MW / 1,000 MWh multi-day storage system provided by Xcel Energy-Colorado. Both projects are scheduled to begin construction in 2025 and depend on regulatory approvals from their respective states. Form Energy and Xcel Energy worked together on comprehensive modeling with FormwareTM, Form Energy's next-generation operational and investment modeling tool for power grids. This modeling aided Xcel Energy in validating how Form's multi-day storage will improve Xcel Energy's ability to integrate many renewable resources, such as wind, into its system reliably and cost-effectively. Furthermore, this analysis demonstrated that Form Energy's 100-hour iron-air battery technology would protect the grid from normal weather variability on a day-to-day basis, as well as extreme weather events such as severe winter storms and polar vortex events. Co-Founder and CEO of Form Energy, Mateo Jaramillo, shared, "Xcel Energy operates across some of the richest wind-resource areas in North America. We're very pleased to work with the Xcel Energy team to maximize use of its renewable generation by providing a technology solution that will ensure their customers benefit from reliable and cost-effective service year-round. This partnership highlights Xcel Energy's commitment to ensuring grid resiliency and reliability, energy security, and access to low-cost clean energy when and where it is needed – every day of the year." (Source – Business Wire) About Form Energy Headquartered in Somerville (Massachusetts), Form Energy is an energy storage manufacturing and technology company developing and implementing an innovative iron-air battery. It was founded in 2017 by energy storage experts, who came together with a common goal of reshaping the global electric system. The company aims to provide year-round availability of a dependable, resilient, and entirely renewable electric grid through its cost-effective, multi-day storage systems.

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STRATEGY AND BEST PRACTICES, ENERGY

FlexGen to Provide Middle River Power Projects with 420MWh of Energy Storage

FlexGen | January 19, 2023

On January 17, 2023, FlexGen Power Systems, Inc., a top battery energy storage solution and software technology provider, announced its selection for providing energy storage software and technology for 420MW of energy storage across four locations in California to Middle River Power. The energy storage projects are located along the current simple cycle natural gas peaking plants and will have interconnected facilities. Collocation of the natural gas peaking facilities with battery storage will significantly decrease greenhouse gas emissions while maintaining reliable and flexible reserve capacity. The battery facilities will be utilized to store excess carbon-free power during the day and discharge it in the evening when it is most needed, improving the use of these valuable renewable resources and providing critical ancillary services to the market. Additionally, the gas turbines will dispatch significantly less frequently than they do currently, which will result in reduced emissions, and it will continue to be available even in challenging circumstances. FlexGen is committed to providing its customers with best-in-class service and performance to its customers who are seeking to ensure safety, resilience, and reliability in any setting where it operates. FlexGen's top HybridOS energy management system platform provides the full stack of energy storage value, which includes capacity, ancillary services, and energy market trading. The Middle River Power projects add to Flexgen's fast-growing fleet of energy storage assets, which are in use throughout the US with Investor-Owned Utilities, Independent Power Producers, and Municipal and Cooperative Utilities. Mark Kubow, President of Middle River Power, said, "We're thrilled to work with FlexGen to bring these innovative projects to fruition, integrating additional renewable energy while enhancing a resilient grid. The energy storage assets store abundant solar energy in the middle of the day then deploy that energy to the grid during evening peak hours, while maintaining our natural gas facilities as a flexible, reliable backstop." He added, "We are excited to introduce our first tranche of projects that takes such a meaningful step in helping California in the transition to more renewable resources." (Source: PR Newswire) About FlexGen Systems Inc. Founded in 2009, FlexGen Systems Inc. is one of the best-integrated energy storage solutions providers in the United States and globally, based in Durham, North Carolina. FlexGen integrates and designs software platforms and storage solutions, facilitating the current energy transition. The company integrates utility-scale storage projects with conventional and renewable forms of power generation worldwide using its cutting-edge energy management software and power electronics. The world's most technically and commercially demanding developers, government agencies, utilities, and industrial giants are among its clients and partners.

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STRATEGY AND BEST PRACTICES,ENERGY

JERA Americas Advances on the Path to Clean Energy Transition

JERA Americas | January 02, 2023

JERA Americas, a subsidiary of the global energy pioneer JERA headquartered in Houston, has made headway in its efforts to promote the transition to a cleaner energy economy. Canal and Bucksport Generating Facilities Acquisition JERA Americas has recently announced the acquisition of a thermal power portfolio in New England totaling 1,633 megawatts (MW): Canal 1 (566 MW), Canal 2 (559 MW), and Canal 3 (333 MW) in Sandwich, Massachusetts, and Bucksport (175 MW) in Bucksport, Maine.Due to its location on Cape Cod, the town of Canal can serve as a crucial location for utilizing existing infrastructure to enable offshore wind power. Bucksport, with its current transmission interconnection, can potentially serve as a connection point for renewables to the electric grid. Zenobē Battery Projects MOU JERA Americas has announced entering into a partnership with a global leader in electric vehicle fleets and battery storage, Zenob, to create battery storage projects. The organization will collaborate on the development of utility-scale, standalone, grid-connected, and hybrid battery storage facilities in New England and New York to support the uptake of renewable energy. The companies will also seek out other prospects in the United States, such as the co-location of battery storage and renewable energy technology and the acquisition of battery development establishments. JERA America’s Progress Towards its Objective JERA Americas and its parent business, JERA, intend to attain net zero CO2 emissions energy by 2050 and have increased their efforts in that direction. JERA Americas has made significant progress in constructing a 300 MW wind power project in Texas and launched hydrogen blending projects at natural gas production facilities in the northeastern United States over the past year. Additionally, the company revealed that it is partnering with ConocoPhillips on a proposed plant on the Gulf Coast of the United States. The factory, if built, would produce hydrogen and convert it to ammonia. JERA and Uniper may be prospective long-term clients. The planned project's objective would be to expedite the production and distribution of low-carbon fuels for domestic and worldwide consumption. ABOUT JERA AMERICAS JERA Americas is promoting a socially and environmentally responsible energy transition. The company is a subsidiary of Tokyo-based JERA, which stands for Japan's Energy for a New Era and generates around 30% of Japan's total electricity. JERA is committed to reaching net-zero carbon dioxide emissions from its domestic and international operations by 2050 and is supporting the creation of a sustainable society. ABOUT ZENOBĒ ENERGY LTD: Zenob is a multinational EV fleet and battery storage expert with operations in Europe and Australasia, headquartered in the United Kingdom. It has approximately 1.6 GW in construction and development in the United Kingdom, which amounts to about 25% market share by 2026. It has a market share of around 25% in the UK EV bus segment and contracts for roughly 580 electric cars globally. The corporation owns and operates the highest number of electric buses in the United Kingdom, Australia, and New Zealand.

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SOLAR+STORAGE, ENERGY

Form Energy and Xcel Energy Partners for Two Multi-day Energy Storage Projects

Form Energy, Inc | January 30, 2023

Form Energy, Inc., an American technology company developing and selling a new class of economic, multi-day energy storage systems, recently announced that it had signed definitive agreements to install its iron-air battery systems at two of Xcel Energy's retiring coal plant sites. The storage technology will enable Xcel Energy to incorporate more low-cost, renewable energy into its structure while maintaining reliability as it retires coal plants and transitions to a more renewable future in the coming years. The Sherburne County Generating Station, located in Becker, Minnesota, will receive a 10 MW / 1,000 MWh multi-day storage system from Xcel Energy-Minnesota. The Comanche Generating Station, based in Pueblo, Colorado, will also deploy a 10 MW / 1,000 MWh multi-day storage system provided by Xcel Energy-Colorado. Both projects are scheduled to begin construction in 2025 and depend on regulatory approvals from their respective states. Form Energy and Xcel Energy worked together on comprehensive modeling with FormwareTM, Form Energy's next-generation operational and investment modeling tool for power grids. This modeling aided Xcel Energy in validating how Form's multi-day storage will improve Xcel Energy's ability to integrate many renewable resources, such as wind, into its system reliably and cost-effectively. Furthermore, this analysis demonstrated that Form Energy's 100-hour iron-air battery technology would protect the grid from normal weather variability on a day-to-day basis, as well as extreme weather events such as severe winter storms and polar vortex events. Co-Founder and CEO of Form Energy, Mateo Jaramillo, shared, "Xcel Energy operates across some of the richest wind-resource areas in North America. We're very pleased to work with the Xcel Energy team to maximize use of its renewable generation by providing a technology solution that will ensure their customers benefit from reliable and cost-effective service year-round. This partnership highlights Xcel Energy's commitment to ensuring grid resiliency and reliability, energy security, and access to low-cost clean energy when and where it is needed – every day of the year." (Source – Business Wire) About Form Energy Headquartered in Somerville (Massachusetts), Form Energy is an energy storage manufacturing and technology company developing and implementing an innovative iron-air battery. It was founded in 2017 by energy storage experts, who came together with a common goal of reshaping the global electric system. The company aims to provide year-round availability of a dependable, resilient, and entirely renewable electric grid through its cost-effective, multi-day storage systems.

Read More

STRATEGY AND BEST PRACTICES, ENERGY

FlexGen to Provide Middle River Power Projects with 420MWh of Energy Storage

FlexGen | January 19, 2023

On January 17, 2023, FlexGen Power Systems, Inc., a top battery energy storage solution and software technology provider, announced its selection for providing energy storage software and technology for 420MW of energy storage across four locations in California to Middle River Power. The energy storage projects are located along the current simple cycle natural gas peaking plants and will have interconnected facilities. Collocation of the natural gas peaking facilities with battery storage will significantly decrease greenhouse gas emissions while maintaining reliable and flexible reserve capacity. The battery facilities will be utilized to store excess carbon-free power during the day and discharge it in the evening when it is most needed, improving the use of these valuable renewable resources and providing critical ancillary services to the market. Additionally, the gas turbines will dispatch significantly less frequently than they do currently, which will result in reduced emissions, and it will continue to be available even in challenging circumstances. FlexGen is committed to providing its customers with best-in-class service and performance to its customers who are seeking to ensure safety, resilience, and reliability in any setting where it operates. FlexGen's top HybridOS energy management system platform provides the full stack of energy storage value, which includes capacity, ancillary services, and energy market trading. The Middle River Power projects add to Flexgen's fast-growing fleet of energy storage assets, which are in use throughout the US with Investor-Owned Utilities, Independent Power Producers, and Municipal and Cooperative Utilities. Mark Kubow, President of Middle River Power, said, "We're thrilled to work with FlexGen to bring these innovative projects to fruition, integrating additional renewable energy while enhancing a resilient grid. The energy storage assets store abundant solar energy in the middle of the day then deploy that energy to the grid during evening peak hours, while maintaining our natural gas facilities as a flexible, reliable backstop." He added, "We are excited to introduce our first tranche of projects that takes such a meaningful step in helping California in the transition to more renewable resources." (Source: PR Newswire) About FlexGen Systems Inc. Founded in 2009, FlexGen Systems Inc. is one of the best-integrated energy storage solutions providers in the United States and globally, based in Durham, North Carolina. FlexGen integrates and designs software platforms and storage solutions, facilitating the current energy transition. The company integrates utility-scale storage projects with conventional and renewable forms of power generation worldwide using its cutting-edge energy management software and power electronics. The world's most technically and commercially demanding developers, government agencies, utilities, and industrial giants are among its clients and partners.

Read More

STRATEGY AND BEST PRACTICES,ENERGY

JERA Americas Advances on the Path to Clean Energy Transition

JERA Americas | January 02, 2023

JERA Americas, a subsidiary of the global energy pioneer JERA headquartered in Houston, has made headway in its efforts to promote the transition to a cleaner energy economy. Canal and Bucksport Generating Facilities Acquisition JERA Americas has recently announced the acquisition of a thermal power portfolio in New England totaling 1,633 megawatts (MW): Canal 1 (566 MW), Canal 2 (559 MW), and Canal 3 (333 MW) in Sandwich, Massachusetts, and Bucksport (175 MW) in Bucksport, Maine.Due to its location on Cape Cod, the town of Canal can serve as a crucial location for utilizing existing infrastructure to enable offshore wind power. Bucksport, with its current transmission interconnection, can potentially serve as a connection point for renewables to the electric grid. Zenobē Battery Projects MOU JERA Americas has announced entering into a partnership with a global leader in electric vehicle fleets and battery storage, Zenob, to create battery storage projects. The organization will collaborate on the development of utility-scale, standalone, grid-connected, and hybrid battery storage facilities in New England and New York to support the uptake of renewable energy. The companies will also seek out other prospects in the United States, such as the co-location of battery storage and renewable energy technology and the acquisition of battery development establishments. JERA America’s Progress Towards its Objective JERA Americas and its parent business, JERA, intend to attain net zero CO2 emissions energy by 2050 and have increased their efforts in that direction. JERA Americas has made significant progress in constructing a 300 MW wind power project in Texas and launched hydrogen blending projects at natural gas production facilities in the northeastern United States over the past year. Additionally, the company revealed that it is partnering with ConocoPhillips on a proposed plant on the Gulf Coast of the United States. The factory, if built, would produce hydrogen and convert it to ammonia. JERA and Uniper may be prospective long-term clients. The planned project's objective would be to expedite the production and distribution of low-carbon fuels for domestic and worldwide consumption. ABOUT JERA AMERICAS JERA Americas is promoting a socially and environmentally responsible energy transition. The company is a subsidiary of Tokyo-based JERA, which stands for Japan's Energy for a New Era and generates around 30% of Japan's total electricity. JERA is committed to reaching net-zero carbon dioxide emissions from its domestic and international operations by 2050 and is supporting the creation of a sustainable society. ABOUT ZENOBĒ ENERGY LTD: Zenob is a multinational EV fleet and battery storage expert with operations in Europe and Australasia, headquartered in the United Kingdom. It has approximately 1.6 GW in construction and development in the United Kingdom, which amounts to about 25% market share by 2026. It has a market share of around 25% in the UK EV bus segment and contracts for roughly 580 electric cars globally. The corporation owns and operates the highest number of electric buses in the United Kingdom, Australia, and New Zealand.

Read More

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