Duke Energy Focuses on Wyoming Wind Farm
Duke Energy continues to work on renewable power, securing roughly $231 million in non-recourse credit facilities as they continue ownership in the Top of the World Windpower Project operations in Casper, Wyoming. Duke Energy Generation Services (DEGS) is the unit that develops the renewable power assests from Duke Energy, with recent numbers indicating an 18 year term loan.
Duke Energy’s current renewable energy project is Top of the World, a wind farm that includes 66 General Electric wind turbines – each of which can produce 1.5 MW – and 44 Siemens turbines – each producing 2.3 MW. The project was installed in October 2010 when the company sold a 20 year power purchase agreement with PacifiCorp.
"We've spent more than $1.5 billion to grow our commercial wind power business over the last three years, and financing the Top of the World Windpower Project will help fuel additional investments in renewable energy," said Keith Trent, group executive and president of Duke Energy's Commercial Businesses.
"Our strong financial position and track record in developing power generation projects make Duke Energy an attractive partner for banks," said Senior Vice President and Treasurer Stephen De May. "We'll continue to explore opportunities to finance our commercial renewable energy business and accelerate growth."
While they remain highly developed in the renewable energy sector, it seems things within the personal sector have taken a downturn. Yesterday James L. Turner, group executive, president and CEO of the US Franchised Electric & Gas business, abruptly stepped down. The resignation came just as it was exposed that the figure-head was conducting illegal relations the former chairman of the Indiana Utility Regulatory Commission, David Lott Hardy. The hundreds of emails were published in the Indianapolis Star and revealed the spark as Duke Energy began building a $2.9 billion coal-gasification plant in Edwardsport, Indiana.
Awesense launches digital clean energy marketplace
Awesense has launched what it claims is the only energy-focused repository of solutions built to drive the industry's decarbonization agenda.
The Awesense Marketplace aims to provide a common framework for companies to collaborate towards the future of clean energy and digital transformation, uniting applications, solutions and algorithms to solve energy and grid challenges.
Solutions listed on the marketplace cover a range of cases, and launch companies include Doosan GridTech, Kitu Systems, vadiMAP, LO3 Energy, ENGIN, Utilidata, Clir Renewables, ChargeLab, SensorLink, Exeri, Easy SmartGrid, and Athena Power.
“We are welcoming a new era in the decarbonization of energy systems,” said Mischa Steiner, CEO of Awesense. “The goal of achieving a clean energy future requires collaboration amongst key industry players in the utilities and energy sectors. Sharing resources through the Marketplace means that our customers and partners have a truly seamless approach as we work towards our common goal - ultimately, decarbonizing the world’s energy system.”
Utilities, consulting companies, and other organizations struggle to develop solutions that can be scaled across many jurisdictions due to complex data integration and the lack of a standard, open data model. Using the solutions offered throughout the Marketplace, organizations can rapidly accelerate their transition to a decentralized, decarbonized future and develop solutions that are scalable across industry. The platform will open up new revenue streams in areas such as:
Distributed energy resource integration and control
Electric vehicle charging
Demand response and smart-home management
Intelligent asset management
Advanced distribution system management
The new marketplace builds on Awesense's Digital Energy Platform, a digital twin based energy analytics platform that allows utilities to scale at the same pace as the rapidly changing technology landscape of the energy grid.
Together, the Open Energy Data Model and the Awesense Marketplace removes hurdles around data mapping and transformation, expedites data preparation and refining, and provides a common framework for companies to collaborate.
“The energy-specific data model allows utilities, technology companies, consulting firms, and other vendors to build solutions that can be easily integrated by other energy companies, to make a real impact on the industry as a whole, and develop new revenue streams for their organizations” said Steiner. “We’re looking forward to seeing the Awesense Marketplace grow as more partners committed to energy decarbonization join us.”
There are no simple solutions to putting the world on a sustainable path to net-zero emissions, according to the IEA. Reducing global CO2 emissions will require "a broad range of different technologies working across all sectors of the economy in various combinations and applications." it notes.
Renewable Energy Hub of South Australia formed
Amp Power Australia has established the Renewable Energy Hub of South Australia, a strategic portfolio of large scale integrated Solar PV, Wind and Battery Energy Storage assets located in South Australia. The hub also includes the siting of the Spencer Gulf Hydrogen Energy Ecoplex, forming part of the South Australian Government's Hydrogen Action Plan.
The portfolio, acquired from EPS, includes three large Solar PV projects totalling over 1.3 GW of generation, located at Robertstown (636 MW), Bungama (336MW) and Yoorndoo Ilga (388MW) with a total BESS capacity of up to 540MW across the portfolio.
Amp's expansion in Australia will include the implementation of Amp X, a proprietary digital energy platform 100% owned by Amp, which provides a diverse portfolio of disruptive and interoperable grid edge solutions, and includes a smart transformer, which enables real-time autonomous management and optimised dispatch of all forms of distributed generation and loads across the grid.
Palmetto recently opened its marketplace in Arizona, and is now serving 20 states across the country, claiming its proprietary technology, marketplace business model, and consumer mobile application "are all designed to democratize access to clean energy".