Community Choice Aggregation

Clean Power Alliance Celebrates Fifth Anniversary of Serving Southern California Customers

Retrieved on: 
Saturday, February 25, 2023
Climate change, Community Choice Aggregation, Power sharing, Life, Partnership, Chairperson, CPA Canada, Kühl, CCA, Electricity, Green Power, Primary energy, CPA, Environment, History, City, Certification, Community, Furniture, Renewable energy

LOS ANGELES, Feb. 24, 2023 /PRNewswire-PRWeb/ -- Clean Power Alliance (CPA) is celebrating its fifth anniversary of providing clean renewable energy to residents and businesses throughout Los Angeles and Ventura counties.

Key Points: 
  • LOS ANGELES, Feb. 24, 2023 /PRNewswire-PRWeb/ -- Clean Power Alliance (CPA) is celebrating its fifth anniversary of providing clean renewable energy to residents and businesses throughout Los Angeles and Ventura counties.
  • CPA has grown to become the fourth largest electricity provider in California and has the distinction of leading the nation in serving the most customers with 100% renewable energy.
  • CPA provides three energy options: 100% Green Power with 100% renewable energy, Clean Power with 50% renewable energy content, and Lean Power with 40% renewable energy content.
  • "On this fifth anniversary, we celebrate our customers, stakeholders, and staff who are making Clean Power Alliance efforts central to a more sustainable future."

PG&E Customers to Receive Over $55 Million in Bill Credits Through New Incentive Program

Retrieved on: 
Wednesday, February 15, 2023
California Independent System Operator, California Public Utilities Commission, Pacific Gas and Electric Company, Community Choice Aggregation, Electricity, PG, PG&E, Flex, Smart, Public utilities commission, Atmosphere, Kilowatt-hour, Innovation, Community, The Electric Company, Online shopping, Renewable energy

OAKLAND, Calif., Feb. 15, 2023 /PRNewswire/ -- At a time when higher natural gas prices are driving up energy costs, the new Power Saver Rewards Program is providing over $55 million in bill credits to participating Pacific Gas and Electric Company (PG&E) customers. PG&E thanks its customers for their significant conservation efforts, which helped avert rotating power outages during extended periods of record-setting temperatures in the summer of 2022. 

Key Points: 
  • Power Saver Rewards Program rewards residential participants for temporarily reducing energy use when the demand for electricity is high.
  • Notifications to customers to reduce energy use as part of the program are sent out the day before an event.
  • Over the ten event days in 2022, the average customer bill credit for program participants was $35.
  • Currently more than 1.6 million customers are enrolled in the program.

Geothermal Energy Market worth $9.4 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, February 15, 2023
Advanced combat direction system, IPTC, SLB, Southern California Public Power Authority, Heat pump, Government, Geosphere, Community Choice Aggregation, Central Coast, Mitsubishi Power Systems Europe, Geothermal energy, Investment, Baker Hughes, PPA, Mitsubishi Heavy Industries, Electricity, CD4, CO2, Weather, Temperature, Iberdrola, Conference, AGS, CASA, Community, High, Renewable energy, Ormat Technologies

The binary cycle segment is dominating the global market due to its increasing adaptation of renewable energy for power generation in medium-temperature reservoirs.

Key Points: 
  • The binary cycle segment is dominating the global market due to its increasing adaptation of renewable energy for power generation in medium-temperature reservoirs.
  • Based on temperature, the Geothermal Energy Market has been split into Low, Medium, and High.
  • Low temperatures were estimated to account for a larger share of the Geothermal Energy Market in 2021.
  • Asia Pacific accounted for a 43.8% share of the global Geothermal Energy Market in 2021 and is the fastest-growing region in the market.

Geothermal Energy Market worth $9.4 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, February 15, 2023
Advanced combat direction system, IPTC, SLB, Southern California Public Power Authority, Heat pump, Government, Geosphere, Community Choice Aggregation, Central Coast, Mitsubishi Power Systems Europe, Geothermal energy, Investment, Baker Hughes, PPA, Mitsubishi Heavy Industries, Electricity, CD4, CO2, Weather, Temperature, Iberdrola, Conference, AGS, CASA, Community, High, Renewable energy, Ormat Technologies

The binary cycle segment is dominating the global market due to its increasing adaptation of renewable energy for power generation in medium-temperature reservoirs.

Key Points: 
  • The binary cycle segment is dominating the global market due to its increasing adaptation of renewable energy for power generation in medium-temperature reservoirs.
  • Based on temperature, the Geothermal Energy Market has been split into Low, Medium, and High.
  • Low temperatures were estimated to account for a larger share of the Geothermal Energy Market in 2021.
  • Asia Pacific accounted for a 43.8% share of the global Geothermal Energy Market in 2021 and is the fastest-growing region in the market.

East Bay Community Energy strengthens its financial foundation by increasing its reserve fund and signing a new $200MM credit facility

Retrieved on: 
Thursday, November 17, 2022
City, Community Choice Aggregation, Union Bank, Electricity, Community, S&P, Bank, Public utility

OAKLAND, Calif., Nov. 17, 2022 /PRNewswire/ -- The Board of Directors of East Bay Community Energy (EBCE) yesterday approved a resolution to add approximately $65.7 million to the electricity agency's reserve fund balance. This establishes a new reserve balance of approximately $156 million and is approximately 28% of the current year's budgeted operating expenses. This follows a recent EBCE Board decision to finalize and execute a $200 million revolving credit facility agreement with Union Bank. These two financial decisions serve to further harden EBCE's solid financial position.

Key Points: 
  • OAKLAND, Calif., Nov. 17, 2022 /PRNewswire/ -- The Board of Directors of East Bay Community Energy (EBCE) yesterday approved a resolution to add approximately $65.7 million to the electricity agency's reserve fund balance.
  • This establishes a new reserve balance of approximately $156 million and is approximately 28% of the current year's budgeted operating expenses.
  • This follows a recent EBCE Board decision to finalize and execute a $200 million revolving credit facility agreement with Union Bank.
  • For more information about East Bay Community Energy, visit ebce.org .

Fervo Announces 20 MW Power Purchase Agreement to Provide 24/7 Carbon-Free Geothermal Electricity to Southern California

Retrieved on: 
Thursday, November 10, 2022
Residential Building & Real Estate, Commercial Building & Real Estate, Alternative Energy, Construction & Property, Energy, Green Technology, Climate Change, Sustainability, Environment, Mining, Minerals, Natural Resources, Urban Planning, Other Energy, Utilities, Other Construction & Property, Carbon, YouTube, Capricorn, Greenhouse, CCA, City, Partnership, Accounting, Pico Rivera, California, Research, Department, Joint powers authority, Schlumberger, CCAS, Town, BHP, ARPA, Government, Electricity, Lawrence Berkeley National Laboratory, Breakthrough Energy, Community, DCE, Google, Industry, CEA, Community Choice Aggregation, Renewable energy, Facebook, Activate

Today, Fervo Energy announced the execution of a 20 MW power purchase agreement to provide 24/7 carbon-free geothermal power to a group of nine California-based community choice aggregators (CCAs).

Key Points: 
  • Today, Fervo Energy announced the execution of a 20 MW power purchase agreement to provide 24/7 carbon-free geothermal power to a group of nine California-based community choice aggregators (CCAs).
  • The project will dispatch 20 MW of 24/7 carbon-free geothermal power from Fervos Beaver County, Utah position with expected operation in Q2 of 2026.
  • Fervo Energy applies proven technologies including horizontal drilling and distributed fiber optic sensing to geothermal power development to deliver more reliable and cost-effective projects.
  • Fervo Energy is making meaningful progress toward expanding geothermal accessibility, furthering climate action goals, all while providing carbon-free geothermal power to households throughout Southern California.

United States Electric Power Industry Conference 2022: ISO Markets, Power Transactions, and Renewable Energy Resources (Houston, United States - December 6-7, 2022)

Retrieved on: 
Tuesday, November 1, 2022
Marketing, Virtual, AGC, TAC, PJM, Monolithic kernel, Coal, Common, DSM, TRS, OASIS, Non-bank financial institution, Piece by Piece Tour, Renewable energy, Electricity, Professional, Industry, NJCAA National Football Championship, Program, Economics, Contract, ISO, Terminology, NERC, Contract for difference, Risk management, Optical disc image, ITCS, Community, FTR Moto, Public, Wind, Real-time, Community Choice Aggregation, DER, LMP, TCR, Natural gas, Electron, Var, MISO, Bookkeeping, Construction, Electric power industry, Public utility, Auction, Rail transport, Cryptocurrency

DUBLIN, Nov. 1, 2022 /PRNewswire/ --The "Today's U.S. Electric Power Industry, ISO Markets, Power Transactions, and Renewable Energy Resources" training has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Nov. 1, 2022 /PRNewswire/ --The "Today's U.S. Electric Power Industry, ISO Markets, Power Transactions, and Renewable Energy Resources" training has been added to ResearchAndMarkets.com's offering.
  • If you want to truly understand the U.S. electric power industry, this course is for you.
  • How the North American power grid is structured, how it operates and what the different types of electric generation are.
  • What the smart grid, demand side management ("DSM"), distributed energy resources ("DER") and demand response ("DR") are, and how these forms of "virtual generation" and renewable energy resources are disrupting the U.S. power industry.

Silicon Valley Clean Energy Selects Adapt2 for California ISO and Renewable Energy Operations

Retrieved on: 
Wednesday, October 26, 2022
ISO, LinkedIn, Community Choice Aggregation, American, Software as a service, Solution, SVCE, Energy certificate, Renewable Energy Certificate (United States), Contract, Partnership, Community, CAISO, CMRI, AI, Professional, MRIS, Renewable energy, Online shopping

HOUSTON, Oct. 26, 2022 /PRNewswire-PRWeb/ -- Adapt2 Solutions, a leading provider of AI-enabled multi-market operations power trading and settlements software, today announced the partnership with California Community Choice Aggregator, Silicon Valley Clean Energy (SVCE). As a leader in providing consumers with carbon-free energy, SVCE is leveraging Adapt2's modernized SaaS Bid-to-Bill platform, along with Adapt2 Green, for streamlining the processes needed for managing the complexities of the California ISO (CAISO) and the nuances of renewable assets.

Key Points: 
  • HOUSTON, Oct. 26, 2022 /PRNewswire-PRWeb/ -- Adapt2 Solutions , a leading provider of AI-enabled multi-market operations power trading and settlements software, today announced the partnership with California Community Choice Aggregator, Silicon Valley Clean Energy (SVCE).
  • Adapt2 Green coupled with Adapt2 Bid-to-Bill (B2B) and Adapt2 Trade-to-Tag (T2T) provides energy market participants an integrated end to end solution for all their energy data needs.
  • To learn more about how Adapt2 is accelerating renewable energy, power and gas market operations, visit http://adapt2.com or follow Adapt2 on LinkedIn ( @Adapt2 Solutions ).
  • Adapt2 Solutions (Adapt2) is the leading provider of AI enabled multi-market operations software designed to help market participants streamline all of their renewable energy, power trading and scheduling and front and back-office operations.

Peninsula Clean Energy, Renewable America Launch New Merced County Solar Project

Retrieved on: 
Wednesday, October 26, 2022
Population, Electricity, PPA, Carbon, Public utilities commission, Pollution, NCAA Division III, Twitter, Community Choice Aggregation, Investment, Facebook, Community, Change Is Now: Renewing America's Promise, Kilowatt-hour, Acquisition, Economic development, Fitch, California Public Utilities Commission, PG, Leadership, City, Moody's Investors Service, Heart, Renewable energy, LinkedIn

REDWOOD CITY, Calif., Oct. 26, 2022 /PRNewswire/ -- Peninsula Clean Energy and Renewable America are announcing a new solar project that will provide emission-free power to disadvantaged customers in San Mateo County and the City of Los Banos.

Key Points: 
  • REDWOOD CITY, Calif., Oct. 26, 2022 /PRNewswire/ -- Peninsula Clean Energy and Renewable America are announcing a new solar project that will provide emission-free power to disadvantaged customers in San Mateo County and the City of Los Banos.
  • "Our team is thrilled to partner with Peninsula Clean Energy to provide locally sourced solar electricity to their members," Renewable America CEO Ardi Arian said.
  • Renewable America is developing, financing, constructing, and maintaining operation of the Dos Palos project in Merced County, which is expected to be online in August 2023.
  • Renewable America is committed to investing in end-to-end development of strategically located solar, solar plus storage, and multi-customer community microgrids projects.

SCP Partners with Recurve to Enable Virtual Power Plants in Sonoma and Mendocino Counties

Retrieved on: 
Thursday, October 20, 2022
Peak, Community Choice Aggregation, SCP, Electricity, MCE, Recurve, Partnership, Renewable energy

MARIN, Calif., Oct. 20, 2022 /PRNewswire/ -- Sonoma Clean Power (SCP), one of the most accomplished Community Choice Aggregators in the country, and Recurve, the open-source platform that enables planning, procurement, and demand flexibility for virtual power plants, today announced their partnership to reduce energy use at peak times and improve grid resilience through Recurve's platform, FLEXmarket.

Key Points: 
  • The SCP FLEXmarket pays providers and aggregators for the metered grid value of the energy they save, with a bonus for peak savings.
  • Recurve's open-source platform and revenue-grade data creates demand flexibility markets that enable virtual power plants, giving utilities and aggregators the confidence they need to treat distributed energy resources as grid assets.
  • Sonoma Clean Power is the public power provider for Sonoma and Mendocino counties, serving about half a million people.
  • SCP is also the only power provider in California offering 100% local, renewable electricity twenty-four hours per day, every day of the year.