Energy market

GridBeyond Launches Operations in Australia

Retrieved on: 
Thursday, April 21, 2022

GridBeyond, the worlds leading technology player for managing distributed and flexible energy resources is expanding its geographic reach to provide services to Australia.

Key Points: 
  • GridBeyond, the worlds leading technology player for managing distributed and flexible energy resources is expanding its geographic reach to provide services to Australia.
  • GridBeyond will provide AI-powered demand response, virtual power plant (VPP) services and generation and storage asset optimisation across Australias National Electricity Market.
  • GridBeyond, already delivers distributed and flexible energy resources management, energy trading, price and energy optimisation, enhanced savings, strengthened operations and sustainability to over 400 sites worldwide, including some of the planets best-loved brands.
  • GridBeyond CEO Michael Phelan said:
    The entry of GridBeyond in the Australian Energy Market is further recognition of GridBeyonds energy expertise.

BEST Pump and Flow Makes Wounded Warrior Project The Real Winner From Their First Place Bar-B-Que Win, Thanks To Daniel Energy Partners

Retrieved on: 
Monday, December 13, 2021

The event was organized and hosted by Daniel Energy Partners and sanctioned by the Kansas City Barbeque Society.

Key Points: 
  • The event was organized and hosted by Daniel Energy Partners and sanctioned by the Kansas City Barbeque Society.
  • Included in the attendance were over 270 Oilfield Service/Capital Equipment Manufacturers/Midstream Companies and 56 Exploration and Production operators.
  • The Overall Grand Championship was won by BEST Pump and Flow and they selected the Wounded Warrior Project as their non-profit of choice.
  • www.bestpumpandflow.com
    Daniel Energy Partners (DEP) is known industry wide as the leading field research firm in the Oilfield Services Sector.

TransAlta Reports Exceptional Third Quarter 2021 Results and Increases Annual Guidance

Retrieved on: 
Tuesday, November 9, 2021

The increase was mainly due to the strengthening of the Australian dollar relative to the Canadian dollar and the Solomon meter station upgrade revenue recognised in 2021.

Key Points: 
  • The increase was mainly due to the strengthening of the Australian dollar relative to the Canadian dollar and the Solomon meter station upgrade revenue recognised in 2021.
  • Higher availability during periods of tight market conditions and higher Alberta pricing was partially offset by increases in fuel and carbon compliance costs.
  • ET) today, Nov. 9, 2021, to discuss third quarter 2021 results.
  • Third Quarter 2021 Conference Call:
    Toll-free North American participants call: 1-888-664-6392
    Related materials will be available on the Investor Centre section of TransAlta's website at http://www.transalta.com/investors/events-and-presentations .

MNB Precision and Sigma Engineering Works Announce Joint Venture for Advanced Machining and API Services and Manufacturing

Retrieved on: 
Wednesday, October 6, 2021

Sigma Engineering Works (a Mazrui Energy Services Company) is the UAE's leading Engineering Services provider owned by the business leader - Mr. Abdullah Al Mazrui.

Key Points: 
  • Sigma Engineering Works (a Mazrui Energy Services Company) is the UAE's leading Engineering Services provider owned by the business leader - Mr. Abdullah Al Mazrui.
  • Sigma Engineering Works provides high-level technical services including fabrication, repairing, certification, CNC machining, and API manufacturing for the energy sector.
  • MNB Precision and Sigma Engineering have formed a joint venture to offer advanced Machining, API Services and Manufacturing solutions in the UAE Market.
  • Luke Benton, the Managing Director of MNB Precision, made the following remarks during the event:
    "We are delighted to have this joint venture with Sigma Engineering Works.

MNB Precision and Sigma Engineering Works Announce Joint Venture for Advanced Machining and API Services and Manufacturing

Retrieved on: 
Wednesday, October 6, 2021

Sigma Engineering Works (a Mazrui Energy Services Company) is the UAE's leading Engineering Services provider owned by the business leader - Mr. Abdullah Al Mazrui.

Key Points: 
  • Sigma Engineering Works (a Mazrui Energy Services Company) is the UAE's leading Engineering Services provider owned by the business leader - Mr. Abdullah Al Mazrui.
  • Sigma Engineering Works provides high-level technical services including fabrication, repairing, certification, CNC machining, and API manufacturing for the energy sector.
  • MNB Precision and Sigma Engineering have formed a joint venture to offer advanced Machining, API Services and Manufacturing solutions in the UAE Market.
  • For more information about Sigma Engineering Works: www.sigma.ae
    For more information about MNB Precision: www.mnbprecision.com
    View original content to download multimedia: https://www.prnewswire.com/news-releases/mnb-precision-and-sigma-enginee...

AEMO Announces Open-Source Operating System For World-Leading Distributed Energy Marketplace Design Trial

Retrieved on: 
Thursday, September 2, 2021

The DER Marketplace solution will be developed in partnership with local market participants AusNet Services and Mondo, and technology providers Energy Web, PXiSE, and Microsoft.

Key Points: 
  • The DER Marketplace solution will be developed in partnership with local market participants AusNet Services and Mondo, and technology providers Energy Web, PXiSE, and Microsoft.
  • Combined with the rapid growth of energy storage, demand-side management, and utility-scale renewable generation, the Australian grid is transforming into a decentralized system in which consumer-owned DERs play a pivotal role.
  • This shared challenge is what makes an open-source infrastructure purposefully designed for the energy sector the best solution for tomorrow's energy markets."
  • The EDGE Project is being supported by the Australian Renewable Energy Agency (ARENA), with AEMO receiving almost $13 million in funding for the project.

AEMO Announces Open-Source Operating System For World-Leading Distributed Energy Marketplace Design Trial

Retrieved on: 
Thursday, September 2, 2021

MELBOURNE, Australia and ZUG, Switzerland, Sept. 2, 2021 /PRNewswire/ -- The Australian Energy Market Operator (AEMO), Australia's power system and market operator, has announced the architecture and technology partners for Project EDGE, a flagship initiative enabling distributed energy resources (DER) to provide both wholesale and local network services at enterprise scale within an off-market trial environment. The DER Marketplace solution will be developed in partnership with local market participants AusNet Services and Mondo, and technology providers Energy Web, PXiSE, and Microsoft.

Key Points: 
  • The DER Marketplace solution will be developed in partnership with local market participants AusNet Services and Mondo, and technology providers Energy Web, PXiSE, and Microsoft.
  • Combined with the rapid growth of energy storage, demand-side management, and utility-scale renewable generation, the Australian grid is transforming into a decentralized system in which consumer-owned DERs play a pivotal role.
  • This shared challenge is what makes an open-source infrastructure purposefully designed for the energy sector the best solution for tomorrow's energy markets."
  • The EDGE Project is being supported by the Australian Renewable Energy Agency (ARENA), with AEMO receiving almost $13 million in funding for the project.

Opus One Solutions Selected by AusNet to Join Project EDGE in Piloting a Distributed Energy Resources Marketplace

Retrieved on: 
Tuesday, August 17, 2021

TORONTO, Aug. 17, 2021 (GLOBE NEWSWIRE) -- Opus One Solutions , a Global Cleantech 100 Company and leading provider of distributed energy resources (DER) and transactive energy (TE) management software has been selected by AusNet Services (Australia) to join Project EDGE (energy, demand and generation exchange).

Key Points: 
  • TORONTO, Aug. 17, 2021 (GLOBE NEWSWIRE) -- Opus One Solutions , a Global Cleantech 100 Company and leading provider of distributed energy resources (DER) and transactive energy (TE) management software has been selected by AusNet Services (Australia) to join Project EDGE (energy, demand and generation exchange).
  • The multi-year project is a collaboration between the Australian Energy Market Operator ( AEMO ), AusNet Services and Mondo Power with financial support from the Australian Renewable Energy Agency (ARENA) .
  • AusNet Services will deploy Opus Ones GridOS software to support project EDGEs DER marketplace in the Hume Region of Victoria, Australia.
  • Project EDGE aims to develop and test the concept of a DER marketplace for DER services.

Registration Opens for Singapore International Energy Week 2021

Retrieved on: 
Tuesday, July 13, 2021

SINGAPORE, July 13,2021 /PRNewswire/ -- Registration for the Singapore International Energy Week (SIEW) 25 29 October 2021 is now open.

Key Points: 
  • SINGAPORE, July 13,2021 /PRNewswire/ -- Registration for the Singapore International Energy Week (SIEW) 25 29 October 2021 is now open.
  • Asia Clean Energy Summit 2021 is the region's premier platform shaping clean energy dialogues and will cover Energy Efficiency, Solar and Electric Vehicles.
  • The Singapore International Energy Week (SIEW) is an annual platform for energy professionals, policymakers and commentators to discuss and share best practices and solutions within the global energy space.
  • Our main goals are to ensure a reliable and secure energy supply, promote effective competition in the energy market and develop a dynamic energy sector in Singapore.

enercast Wins Nationwide Contract for Wind and Solar Energy Forecasts in Ukraine

Retrieved on: 
Monday, July 5, 2021

Together with recent orders from private wind farm operators, this contract marks a robust market entry for enercast in the Ukraine where enercast now provides power forecasts for nearly 7 GW of installed capacity in solar and wind energy.

Key Points: 
  • Together with recent orders from private wind farm operators, this contract marks a robust market entry for enercast in the Ukraine where enercast now provides power forecasts for nearly 7 GW of installed capacity in solar and wind energy.
  • The broad adoption of wind and solar power requires advanced digital technology to manage the volatility of these energy sources.
  • "As a leading forecast provider for renewable energy, enercast is proud to support key actors in Ukraine in accelerating the transition towards more sustainable energy sources.
  • Its self-learning software-as-a-service products deliver accurate power forecasts for wind power and solar plants, thus enabling the integration of renewable energy into power grids and energy markets worldwide.