Western Electricity Coordinating Council

BHE Montana Joins CAISO’s Western Energy Imbalance Market

Retrieved on: 
Friday, November 3, 2023

BHE Montana announced today it has joined the California Independent System Operator’s Western Energy Imbalance Market – also referred to as the WEIM – through the execution of its WEIM implementation agreement on October 30, 2023.

Key Points: 
  • BHE Montana announced today it has joined the California Independent System Operator’s Western Energy Imbalance Market – also referred to as the WEIM – through the execution of its WEIM implementation agreement on October 30, 2023.
  • BHE Montana will be the first company that operates both a generation only and renewable only balancing authority to join the WEIM, adding 399 megawatts of clean energy generation from three windfarms and 75 megawatts of a battery energy storage system.
  • BHE Montana’s participation in the WEIM will bring enhanced reliability to the energy grid within the Western Electricity Coordinating Council, a system covering 14 Western states, two Canadian provinces and the northern portion of Baja California, Mexico.
  • “We are excited to integrate more renewable energy into the WEIM, enhancing reliability and clean energy availability in the West,” said Nancy Murray, president, BHE Montana.

TransCanyon, LLC Selected by U.S. Department of Energy under Transmission Facilitation Program to Increase Transmission Capabilities in the West

Retrieved on: 
Monday, October 30, 2023

The U.S. Department of Energy’s Grid Deployment Office today announced the selection of TransCanyon, LLC to enter into capacity contract negotiations for the Cross-Tie 500-kilovolt transmission line (Cross-Tie) as part of the Transmission Facilitation Program.

Key Points: 
  • The U.S. Department of Energy’s Grid Deployment Office today announced the selection of TransCanyon, LLC to enter into capacity contract negotiations for the Cross-Tie 500-kilovolt transmission line (Cross-Tie) as part of the Transmission Facilitation Program.
  • Transmission.
  • TransCanyon would build, own, operate, and maintain the Cross-Tie Transmission Line.
  • Overall, the project is expected to infuse a combined $761 million in total economic activity for the Utah and Nevada economies.

Capital Power announces agreement to acquire 50.15% interest in Frederickson 1 Generating Station

Retrieved on: 
Tuesday, October 10, 2023

EDMONTON, Alberta, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX) announced today that it has executed an agreement to acquire a 50.15% ownership interest in the Frederickson 1 Generating Station (“Frederickson 1” or “the Facility”) from Atlantic Power & Utilities (“AP&U”) for US$100 million (CAD$137 million).

Key Points: 
  • EDMONTON, Alberta, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX) announced today that it has executed an agreement to acquire a 50.15% ownership interest in the Frederickson 1 Generating Station (“Frederickson 1” or “the Facility”) from Atlantic Power & Utilities (“AP&U”) for US$100 million (CAD$137 million).
  • Capital Power will finance the transaction using cash on hand and its credit facilities.
  • Frederickson 1 is a 265 MW natural gas-fired combined-cycle generating facility in Pierce County, Washington.
  • “We are pleased to acquire this high-quality facility in the Pacific Northwest,” said Avik Dey, President and CEO of Capital Power.

Richard Glick, former Chairman of the US Federal Energy Regulatory Commission, joins Hydrostor as Special Advisor to the Board

Retrieved on: 
Wednesday, May 17, 2023

TORONTO, CANADA, May 17, 2023 (GLOBE NEWSWIRE) -- Hydrostor Inc. (Hydrostor), a leading global long duration energy storage (LDES) solution provider, announced today the appointment of Richard Glick, former Chairman of the US Federal Energy Regulatory Commission, as a Special Advisor to the Hydrostor Board.

Key Points: 
  • TORONTO, CANADA, May 17, 2023 (GLOBE NEWSWIRE) -- Hydrostor Inc. (Hydrostor), a leading global long duration energy storage (LDES) solution provider, announced today the appointment of Richard Glick, former Chairman of the US Federal Energy Regulatory Commission, as a Special Advisor to the Hydrostor Board.
  • Chairman Glick was nominated to serve on the Federal Energy Regulatory Commission by President Donald Trump in August 2017 and confirmed by the U.S. Senate on November 2, 2017.
  • He was subsequently designated to Chair the Commission by President Joseph Biden on January 21, 2021.
  • “Long Duration Energy Storage infrastructure is going to play an increasingly critical role in the transition to a reliable clean energy future.

Hydrostor Announces Advisory Board to Accelerate Deployment of Long Duration Energy Storage Infrastructure

Retrieved on: 
Wednesday, November 30, 2022

TORONTO, CANADA, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Hydrostor Inc. (Hydrostor), a leading long-duration energy storage solution provider, announced today the members of its newly formed Advisory Board.

Key Points: 
  • TORONTO, CANADA, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Hydrostor Inc. (Hydrostor), a leading long-duration energy storage solution provider, announced today the members of its newly formed Advisory Board.
  • The foundation members bring a wealth of knowledge from the energy industry and will support Hydrostors mission to enable the energy transition through the international deployment of critical energy infrastructure, using Hydrostors long duration advanced compressed air energy storage (A-CAES) solution.
  • Judith (Judi) Johansen, Independent Hydrostor Board Member, noted The formation of the Advisory Board is an indication of Hydrostors growing market presence and ambitious energy infrastructure build-out targets.
  • We look forward to further demonstrating the complimentary role A-CAES plays with existing energy systems and skillsets, and positioning Hydrostor as a leading long duration energy storage provider.

ENGIE acquires 6 GW of solar and battery storage capacity projects from Belltown Power U.S. and significantly strengthens its renewable development pipeline

Retrieved on: 
Thursday, October 27, 2022

HOUSTON, Oct. 27, 2022 /PRNewswire/ -- ENGIE North America (ENGIE) announced it has acquired a 6 GW portfolio of solar, paired and stand-alone battery storage development projects from Belltown Power U.S. The transaction includes 33 projects comprising some 2.7 GW of Solar with 0.7 GW of paired storage and 2.6 GW of stand-alone battery storage. The projects are located across ERCOT, PJM, MISO and WECC1.

Key Points: 
  • ENGIE adds 6 GW of solar and battery storage capacity to its development pipeline - Acquisition of 33 early to late-stage projects will accelerate renewables development across multiple states in North America.
  • HOUSTON, Oct. 27, 2022 /PRNewswire/ -- ENGIE North America (ENGIE) announced it has acquired a 6 GW portfolio of solar, paired and stand-alone battery storage development projects from Belltown Power U.S.
  • The transaction includes 33 projects comprising some 2.7 GW of Solar with 0.7 GW of paired storage and 2.6 GW of stand-alone battery storage.
  • Belltown Power specializes in greenfield development of solar PV and energy storage projects, starting with site identification and navigating interconnection, real estate, permitting, environmental, tax, and all other development items to bring these projects to fruition.

Redeux Energy Exceeding Solar and Storage Project Development Goals and Expanding Team to Propel Growth

Retrieved on: 
Thursday, September 15, 2022

The companys platform and processes are delivering the efficiency and scale to produce gigawatts of high-quality clean energy project pipeline annually.

Key Points: 
  • The companys platform and processes are delivering the efficiency and scale to produce gigawatts of high-quality clean energy project pipeline annually.
  • The projects, where Redeux has also signed leases with adjacent landowners, are located under Entergy transmission lines operated within the MISO energy market.
  • New members of the Redeux leadership and development team bring multiple decades of experience in utility-scale solar and energy storage infrastructure development and operations.
  • - Dan White, Director, Development, brings over 12 years of utility-scale solar, wind, energy storage and natural gas development with National Grid and Southern Power in SERC, ERCOT, CAISO and WECC markets.

Nodal Exchange and IncubEx Collaborate to Launch First-of-Their-Kind Environmental Futures & Options

Retrieved on: 
Tuesday, June 7, 2022

The new Nodal Exchange products further expand the world's largest exchange listed suite of environmental products.

Key Points: 
  • The new Nodal Exchange products further expand the world's largest exchange listed suite of environmental products.
  • The Renewable Natural Gas Certificate Futures are the first-ever exchange listed futures contracts in the renewable natural gas complex.
  • Nodal Exchange is a leader in innovation, having introduced the worlds largest set of electric power locational (nodal) futures contracts.
  • The company also works in conjunction with its global exchange partner, European Energy Exchange (EEX) and its U.S. subsidiary, Nodal Exchange.