Duke Energy to expand electric vehicle charging in South Carolina

Duke Energy | October 08, 2020

As new electric vehicles (EV) enter the market and strong sales growth continues nationwide, the Public Service Commission of South Carolina (PSCSC) has approved two Duke Energy electric transportation (ET) pilot programs that will allow South Carolina to join other states in deploying EV infrastructure to meet the needs of this growing market. Originally proposed in 2018, Duke Energy Carolinas and Duke Energy Progress participated in extensive working-group sessions with stakeholders for feedback on the innovative plans. The approved programs – the first in the Carolinas – reflect the inclusion of much of that feedback, as well as agreements with the Office of Regulatory Staff and ChargePoint.

Spotlight

Renewables are becoming mainstream, industries are going digital, and under the trends of Decarbonization, Digitization and Decentralization, Renewable Hybrids are on the way to making renewable energy base-load, while keeping it reliable, affordable and sustainable. Renewable Hybrids unlock new revenue and value streams for all stakeholders in the energy ecosystem, from developers to EPCs, O&M Contractors to Suppliers, and TSOs to policy makers. Hybrid renewable energy is a highly local form of power generation, this requires that each opportunity needs a tailored approach and an analysis of the local electricity landscape and regulation maximize the value streams.

Spotlight

Renewables are becoming mainstream, industries are going digital, and under the trends of Decarbonization, Digitization and Decentralization, Renewable Hybrids are on the way to making renewable energy base-load, while keeping it reliable, affordable and sustainable. Renewable Hybrids unlock new revenue and value streams for all stakeholders in the energy ecosystem, from developers to EPCs, O&M Contractors to Suppliers, and TSOs to policy makers. Hybrid renewable energy is a highly local form of power generation, this requires that each opportunity needs a tailored approach and an analysis of the local electricity landscape and regulation maximize the value streams.

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ENERGY,PRODUCTS

Empower Energies Selects Veritone iDERMS™ Designer for a Hybrid Solar + Battery Energy Storage System (BESS)

Veritone | July 27, 2022

Veritone, Inc. (NASDAQ: VERI), creator of iDERMS, an intelligent distributed energy resource management platform, announced its iDERMS Designer was selected by Empower Energies, one of the leading turnkey providers of clean energy solutions in the United States, to provide an optimal distributed energy resource (DER) sizing solution for a multi-facility development project in Electric Reliability Council of Texas (ERCOT).Veritone’s iDERMS Designer was used to determine the size of a battery energy storage system (BESS) needed to complement the existing solar canopy system at multiple facilities, to coordinate battery discharging and charging for optimal performance and savings and to maximize possible revenue streams. The iDERMS Designer used patented artificial intelligence (AI) driven algorithms to ingest years of price, load and solar generation data in order to optimize for a multi-sensitivity business case for ERCOT facilities. As a result, the implemented solution is expected to reduce monthly energy bills, particularly during periods of ERCOT scarcity pricing. In addition, it is anticipated that an optimized BESS will generate revenue streams from energy arbitrage leveraging Veritone’s ERCOT price forecaster. Further, participating in “value stacking” will uncover additional revenue streams, such as participating in a demand response program, acting as a spinning reserve resource in the ERCOT ancillary service market and providing backup power for critical end-user loads during periods of grid outage. “Veritone has been an excellent partner for Empower Energies. Not only is their analysis and presentation first-rate, but their customer service is outstanding,” said Marshall Kaiser, senior director of managed accounts at Empower Energies. “Both we and our clients are very impressed with Veritone’s expertise, and are looking forward to collaborating on future projects.” “As one of the most trusted renewable energy partners in the industry, Empower Energies is committed to providing our customers with the most advanced technologies that maximize the potential of their clean energy solutions, We recognize that fewer reliable green energy sources and new forms of energy storage, energy supply and demand imbalances are impacting grid stability, customer satisfaction and company profitability, which is why we chose to partner with Veritone. Its AI-powered iDERMS platform bridges the gap, bringing the energy sector an urgently needed solution to make green energy more predictable, reliable and cost-effective.” -Robert Duva, vice president of engineering at Empower Energies. Veritone’s iDERMS solution harnesses the power of AI to revolutionize today’s energy ecosystems through proprietary, intelligent, day-ahead and real-time energy forecasting, optimization and control—all of which unlock the full potential of energy resources, while enhancing overall reliability. With Forecaster, Optimizer and Controller modules, the iDERMS solution allows for tackling industry challenges at a pace best suited to meet each customer’s specific objectives, timelines or financial goals, while simultaneously addressing reliability and the commercial aspects of DERs. “Partnering with Empower Energies gives Veritone another tremendous opportunity to demonstrate the capability of iDERMS to help transform the industry,” said Sean McEvoy, senior vice president of energy at Veritone. “We have completed several capacity sizing projects over the past year, assuring our customers are equipped with an optimal energy mix before they deploy their DERs. With Veritone’s iDERMS solution, renewable energy is delivered with exceptional reliability and efficiency, while simultaneously addressing the commercial aspects of DERs to maximize investments as utilities accelerate the mission to end global dependence on fossil fuels.” For more information, visit iDERMS here. About Veritone Veritone (NASDAQ: VERI) 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 expansive aiWARE™ operating system for AI 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. To learn more, visit www.veritone.com.

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MARKET RESEARCH

HONOR Announced Latest Updates to Its Environmental Credentials

HONOR | June 10, 2022

HONOR, a worldwide technology brand, today revealed the most recent upgrades to its environmental credentials in honor of World Environment Day. HONOR incorporates green techniques in the whole life cycle of products and its daily operations to actively encourage sustainable development for a greener future, from manufacture and packaging to trash management. A new HONOR Magic Moments Monthly Challenge with the topic "Earth View in the Mirror" recently launched on Instagram, Facebook, and the HONOR Global Club, with the goal of raising more awareness about the environment and sustainability. The goal of the challenge is to get people to admire and photograph gorgeous landscapes all over the world. HONOR's official website has also been revamped to include a new environmental page. "At HONOR, we are committed to minimizing the environmental impact of our products, With sustainability and circular economy as part of our product design philosophy, we strive to enhance the eco-friendliness of our products by evaluating their carbon footprint throughout the full life cycle, at the same time reducing the consumption of resources and energy." -George Zhao, CEO of HONOR Device Co., Ltd. HONOR maintains a more stricter set of internal environmental standards in addition to meeting international criteria in order to actively participate in the elimination of potentially dangerous elements from its smartphones, tablets, and other devices. HONOR aspires to lower its ecological footprint through energy conservation and emission reduction during its manufacturing and operations, with a particular emphasis on environmental protection. HONOR improves facility management to cut energy usage in daily operations while researching the use of clean energy to reduce carbon dioxide emissions in its industrial park. This is done by keeping energy records and monitoring and analyzing pertinent data. HONOR will continue to focus its environmental, social, and governance activities on green initiatives, adopting sustainability practices with industry partners. With innovation and technology, HONOR seeks to create a new intelligent environment for everyone while accomplishing the company's long-term growth.

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PRODUCTS

VIGORPOOL Introduces the Captain 1200, a New Generation of Smart Solar Generators

VIGORPOOL | June 09, 2022

On June 15th, EST, VIGORPOOL, a company that delivers portable, green energy solutions, will launch the Captain 1200, its new flagship product, on Indiegogo. With a continuous output power of 2400W and a peak power of 4800W, the power station provides a parallel function, allowing customers to connect two units and quadruple the capacity to 2560Wh. It also has a dual rapid charging mechanism that allows it to charge completely in 1.5 hours. When the Captain 1200 is combined with solar panels, it forms a green solar generator that produces safe, clean, pollution-free, renewable electricity. It is also more durable and safer than similar items with similar power capacities. Its battery will last around nine years if used and recharged every day. FEATURES OF VIGORPOOL CAPTAIN 1200: 1. Perform a parallel function The introduction of the Parallel Function marked a watershed moment in the mobile power supply business. When two Captain 1200s are connected in parallel, the capacity is increased to 2560Wh, and the continuous output power is increased to 2400W. The Captain 1200's longer battery life and higher power output make it more suited for a wider range of mobile power applications. 2. Longer-lasting and more cost-effective The Captain 1200 employs a lithium iron phosphate (LiFePO4) battery, which is both safer and more robust. In comparison to ternary lithium batteries, which lose roughly 20% of their charge capacity after 500 cycles, LiFePO4 batteries withstand 3500+ charge cycles before reaching 80% capacity. Because of the improved durability, even if the unit is used and recharged every day, it will last for 9 years without losing substantial capacity. As a result, the requirement for product replacement and recurring purchases is greatly decreased. 3. A Portable Energy Station on Wheels Because of its high output and 12 different types of power ports, the Captain 1200 is compatible with 99 percent of equipment and appliances on the market. There's also a built-in wireless charging station for charging cordless phones on the road. 4. It Only Takes 1.5 Hours To Recharge The Captain 1200 accomplishes actual fast charging while keeping the unit and battery safe thanks to the smart built-in BMS system. The Captain 1200 can be charged by both the main charger and the solar panel at the same time to accomplish Duel Fast Charging, which takes only 1.5 hours to complete. 5. Uninterruptible Power Supply (UPS) (UPS) Any devices plugged into the Captain 1200 will run straight from the power supplied by the outlet if it is kept plugged into a wall outlet. The Captain 1200's UPS feature restores power within 10 milliseconds following a power outage, safeguarding the operation of important equipment such as household freezers, CPAPs, and computers. 6. BMS Protection System with Three Layers VigorPool prioritizes safety beyond anything else. The VigorPool Captain 1200 features a three-layer BMS system to assure the safety of the user and the equipment, whereas similar products only enable two-layer BMS protection. 7. A Sustainable Energy System The VigorPool Captain 1200 may be combined with 100W, 200W, or 400W solar panels to create a solar generator that can be used anywhere. Furthermore, its built-in MPPT charge controller intelligently adjusts the charging power, resulting in a 30 percent higher solar charging efficiency than standard solar charging systems. 8. Intelligent Control System Users may check battery data, control charge and discharge operations, and access other options via their phone or tablet using the VIGORPOOL APP.

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