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Vendor Neutral

Fortnightly Magazine - May 2012

new EV owners in the Sacramento area who took advantage of rebates and other incentives offered by the state. The company expects to do more work getting property owners EV ready, as automakers begin selling more electric and plug-in hybrid vehicles in California in order to reach the state’s 15.4 percent goal.

IKEA commissioned four Blink electric vehicle charging stations at its Tempe, Ariz., store as part of its partnership with ECOtality. This initiative represents the ninth such project for IKEA in the United States, with the eight other locations also in the Western U.S. ECOtality is the project manager of the EV Project, a public-private partnership funded in part by an ARRA grant, to provide infrastructure to support the deployment of EVs.

Transactions

Exelon and Constellation Energy completed their merger, effective March 12. The merger makes Chicago-based Exelon the largest investor owned utility in the United States, serving a total load of about 164 TWh per year, across 1 million residential and 100,000 commercial, industrial, and public sector customers. Exelon has operations and business activities in 47 states, the District of Columbia, and Canada. The company also has one of the nation’s largest power generation fleets, with approximately 35,000 MW of owned power generation, including more than 19,000 MW of nuclear power—which makes it the largest nuclear generator in the United States.

American Electric Power and its unregulated subsidiary AEP Retail Energy acquired BlueStar Energy Holdings and its independent retail electric supplier BlueStar Energy Solutions. Chicago-based BlueStar supplies retail customers in Ohio, Illinois, and other deregulated electricity markets, and provides energy solutions, including demand response and energy efficiency services, nationwide. The company has been operating since 2002 and has more than 23,000 customer accounts.

NextEra Energy Resources acquired two solar photovoltaic (PV) projects totaling 40 MW (AC) in St. Clair, Ontario, from First Solar . The projects began commercial operation in February 2012. The power is being sold to the Ontario Power Authority via long-term contracts under its renewable energy standard offer program.

Sumitomo Corp. became a 50-50 equity partner in two large-scale wind farms that Duke Energy Renewables is building in Kansas. Sumitomo is buying a 50 percent stake in the 131-MW Cimarron II Windpower Project in Gray County, and the 168-MW Ironwood Windpower Project in Ford County. The projects are under construction and are expected to start operating later this year. Duke Energy Renewables will operate and maintain the projects. In addition, the companies are exploring opportunities to finance construction and operations. Both projects have 20-year contracts in place to sell output; Kansas City Power & Light will purchase electricity and associated renewable energy credits (RECs) from Cimarron II and Westar Energy will buy all the power and RECs produced by the Ironwood wind farm. 

Edison Mission Energy , TIAA-CREF, and Cook Inlet Region Inc. formed Capistrano Wind Partners , a partnership to support and fund wind energy in North America, specifically by acquiring wind projects from Edison Mission Group  (EMG). EMG companies currently own and operate a portfolio of 31 wind projects in commercial operation or under construction in 11