The one-day-in-10-years criterion might have lost its usefulness in today’s energy markets. The criterion is highly conservative when used in calculating reserve margins for reliability. Can the...
private demand response (DR) provider. The company says it manages more than 2,000 MW of DR resources across the country for more than 5,000 customers.
Vivint Solar secured two new tax equity funds contributing a total of $200 million for solar leasing programs. Terms and identities of the equity investors weren’t disclosed. The funding will be used to deliver solar systems to homeowners inside and outside of Vivint’s 775,000 home automation customers. Vivint Solar currently operates in California, Hawaii, Maryland, Massachusetts, New Jersey, New York, and Washington D.C. Vivint is owned by private equity firm Blackstone.
Sensus was selected to provide the core communications technology to support the U.K. government’s plan to put smart meters in millions of homes and small businesses by 2020. Sensus technology will support the rollout of electric and gas smart meters to 10 million locations in the northern region of Great Britain, subject to contract. The U.K. Department of Energy and Climate Change (DECC) announced that communications company Arqiva has been selected to provide the smart metering communications service for Northern England and Scotland. In conjunction with Arqiva, Sensus will provide the long-range radio technology for a private communications network.
Siemens received an order for two power plant blocks for the Liberty combined-cycle power project in Pennsylvania, owned by Panda Power Funds. Siemens is expected to deliver two H-class gas turbines, two heat recovery steam generators, two steam turbines, and two generators, as well as the electrical equipment and control system. Panda’s engineering, procurement, and construction contractor is Gemma Power Systems. The order includes a long-term service agreement and has a total value for Siemens of approximately $400 million.
Panda Power Funds also plans to build, own, and operate an 859-MW combined-cycle power plant in Brandywine, Md. Panda says the Mattawoman plant will be a zero-liquid-discharge plant, returning no waste water to a treatment facility, subsequently preventing discharge into the Chesapeake Bay. Construction will take approximately 30 months from the completion of financing, regulatory approvals, and other conditions.
Calpine began commercial operations at its Russell City and Los Esteros Critical Energy gas-fired combined-cycle power plants, both located in the San Francisco Bay area. Pacific Gas and Electric (PG&E) is expected to purchase the plants’ 900 MW-output under 10-year agreements, and also will supply their fuel.
Ur-Energy announced that uranium production activities began at its wholly owned Lost Creek in-situ recovery project in south-central Wyoming, after the company received notice of final operational clearance from the U.S. Nuclear Regulatory Commission (NRC). Construction of the project facilities was fully authorized in October 2012. Ur-Energy engaged Wyoming-based general contractor Groathouse Construction to build the plant and other infrastructure facilities.
The Lincoln (Neb.) Electric System finalized a power purchase agreement (PPA) that add 100 MW to its existing 30 MW of wind power capacity by January 2016. The Nebraska utility will receive all 100 MW of wind energy from EdP Renewables’ Arbuckle Mountain wind farm, located in south-central Oklahoma.
The National Nuclear Security Administration (NNSA) broke ground on construction of the Pantex wind farm. NNSA awarded a contract to Siemens