Manas Trivedi

📈 Corporate PPA activity in the ERCOT market has reached 1.8 GW, YTD 2024. Data from the Enerdatics Energy Transition PPA database indicates that ERCOT has seen ~1.8 GW in corporate power purchase agreements (PPAs) since the start of 2024, constituting over 60% of the U.S. total. 💡 Tech giant Microsoft leads the way, having secured ~800 MW across three deals. Meanwhile, new entrants such as UnitedHealth Group, Sonoco, and AdventHealth are also stepping up their sustainability efforts. 🏆 Key Suppliers Making Waves: > Regional Leaders: Primergy, Leeward Renewable, Scout Clean Energy > International Players: Orsted, ENGIE 🤝 Positive PPA negotiations in ERCOT are driven by the market's lower land and interconnection costs, which help mitigate higher interest rates and supply chain issues. 🌟 Top Deals to Note: > Microsoft and Primergy Solar: 408 MW from Ash Creek solar project > Hyundai and Matrix Renewables: 147 MW (Hyundai’s first U.S. PPA) > RTX and ENGIE: ~38 MW from Priddy wind project #CorporatePPA #ERCOT #RenewableEnergy #Sustainability #Microsoft #Hyundai #RTX #ENGIE #Orsted #Primergy #LeewardRenewable #ScoutCleanEnergy #UnitedHealthGroup #Sonoco #AdventHealth

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This article states grid operators are not effectively using inter-regional ties. At least from my experience in the northeast, the operators’ hands are generally tied by market rules. Transactions across inter-regional ties between the BAs/RCs are scheduled according to the bids submitted into the market. They are scheduled based on the LMPs in each of the respective systems relative to the submitted bids of the transactions. The operators in most cases are precluded from scheduling any energy across the inter-regional ties short of emergency assistance. Operators moving energy based on their view of economics and where power should be flowing results in them being crucified by the stakeholders for potentially manipulating the market and the prices. I’m not really sure where this conclusion came from but it does operators a disservice. #NREL #energyscheduling #operations

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Virtual power plants can deliver grid services ranging from resource adequacy to reliability at scale—all while making energy more affordable. But most utilities have yet to leverage the full potential of these readily available, affordable, customer-sited resources to add flexibility to the grid. 2 things can help: 1️⃣ Proof-of-concept: Model demand response programs like California's Emergency Load Reduction Program and Massachusetts' ConnectedSolutions can shine the way for utilities 2️⃣ The right policy incentives: Incentivizing utilities to scale up and integrate distributed energy resources, and compensating customers fairly for using these assets will help utilities take advantage of VPPs. Read this great article by POWER magazine for more details: https://lnkd.in/eDYD3eRg

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Can a simple question about grid reliability standards lead to a major overhaul? Imagine a scenario where a question about the loss of load expectation within the net cost cap raises concerns about the current reliability standards. This question, posed by ERCOT Chairman Jackson, led to a recommendation for parallel work on parameters for the Planning and Conservation Event (PCE). This situation highlights the importance of monitoring and questioning the status quo to ensure the reliability and efficiency of the power grid. Innovative solutions like the monitoring system developed by Elvexys, in collaboration with Semtech and Oiken, use LoRa® devices and the LoRaWAN® standard to detect power grid failures, reducing costs and deployment time. This technology showcases the potential for advanced monitoring systems to enhance the reliability and resilience of the power grid. Grid Monitor, a platform that provides insights into the Texas energy market, offers valuable information on regulatory compliance, market insights, and collaboration opportunities. By staying informed about the latest developments in the energy sector, professionals can make informed decisions and contribute to the ongoing evolution of the power grid. In conclusion, asking the right questions and leveraging advanced technologies can lead to significant improvements in grid reliability and efficiency. Grid Monitor serves as a valuable resource for professionals looking to stay ahead in the Texas energy market, offering insights that can drive innovation and progress. 🔗 Visit Grid Monitor to learn more about our advanced platform and how it can help you stay informed about the latest developments in the Texas energy market. #GridMonitor #Innovation #TexasEnergy #RegulatoryTechnology #erco

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Without major reforms or market innovations, most projects entering PJM’s interconnection queue today are unlikely to come online before 2030. Read more here! #PJM #energyindustry #energynews https://lnkd.in/ek_TWaF2

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Thanks to PJM Interconnection teams for this insightful #RTEP report showcasing your strategy towards: ➡ optimizing infrastructure investment ➡ fostering transmission and #interconnection planning ➡ strengthening regional planning to benefit consumers #powergrids Manu Asthana

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REMINDER: Tune into today's Federal Energy Regulatory Commission Transmission Planning Rule Breakdown PowerCast from 1–2 PM ET to hear from a panel of experts as they discuss what the recent FERC ruling is attempting to achieve, its implementation, significance, and potential issues. Register now: https://bit.ly/3wC4WEH

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Our CEO, Robert Piconi, recently featured on S&P Global Commodity Insights Energy Evolution podcast, where he shared valuable insights into #EnergyVault's role in advancing energy storage solutions. This discussion covers how utilities grapple with expanding the US electric grid to improve reliability and the green transition using utility-scale energy storage and #microgrid systems. Rob dives into how Energy Vault addresses the challenge of renewable energy intermittency by harnessing storage technologies that range from short-duration (up to 4 hours) to long-duration systems (12-24 hours), and even multi-day storage solutions capable of powering entire towns during critical periods. Highlighting our unique approach, Rob discusses our gravity-based #EnergyStorage system which mimics traditional pumped hydro but can be implemented anywhere, using composite blocks made from locally sourced materials. This system leverages excess #RenewableEnergy to manage and dispatch energy efficiently through our proprietary software platforms. Additionally, the conversation turns to a significant project with PG&E in Calistoga, designed to provide a resilient, #GreenHydrogen + battery power during peak fire season. This project showcases our commitment to replacing conventional fossil fuel systems with #sustainable, clean technologies that enhance community safety and environmental well-being. To gain deeper insights into how Energy Vault is shaping the future of energy with innovative and sustainable solutions, listen to the full podcast on Spotify: https://hubs.la/Q02wQzpv0 hosted by Taylor Kuykendall! #EnergyVault #EnergyStorage #RenewableEnergy #Sustainability #Microgrid

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A new rule from the Federal Energy Regulatory Commission is paving the way for long-term transmission planning. By expanding market and grid access, this rule will accelerate the integration of clean energy resources like offshore wind across the country. Learn more: https://bit.ly/3R4aBdH #offshorewind #cleanenergy #renewableenergy

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We're proud to spotlight the insightful contributions of Samir Succar, our Senior Director for Distributed Grid Strategy, at the recent WTOP News Energy Strategy Webinar Series featuring Maria Robinson of the U.S. Department of Energy (DOE). Samir delved into critical topics surrounding the modernization of the power grid, emphasizing the importance of strategic planning to achieve a resilient and adaptable grid system that focuses on flexibility, equity, and affordability. https://okt.to/0zcSgD

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💵 Microsoft’s US Contracted Capacity Surpasses 1.5 GW in 2024 with New 446 MW PPA from RWE Microsoft has signed 15-year Power Purchase Agreements (PPAs) with RWE for two onshore wind farms in Texas. 🔋 Portfolio Highlights: – Assets contracted include:  * 243 MW Peyton Creek II in Bay City (under construction)  * 203 MW Lane City (construction starts this summer) – Both projects will use Vestas North America's V163 4.5 MW turbines 🚀 1.5 GW of PPAs Contracted in the US, YTD 2024: – Microsoft has signed ~1.5 GW of corporate PPAs in the US this year – Targeted states: Texas, Illinois, Ohio, Louisiana – Goal: 100% renewable energy coverage by 2025 📄 Recent Major Deals: – 400 MW PPA with Leeward Renewable Energy – 408 MW PPA with Primergy – 125 MW PPA with Volt Energy – Recently, Microsoft also signed a 10.5 GW PPA framework with Brookfield for global projects #Microsoft #RenewableEnergy #WindEnergy #Sustainability #CleanEnergy #Texas #Renewables #CorporatePPA #EnergyTransition #GreenTech

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Energy storage growth is soaring across America as it ensures reliability & provides stability to the grid. In Texas, the market is especially hot, with the state leading the nation with 5.1 GW of energy storage online at the start of 2024 & 6.4 GW on the way. https://bit.ly/4ay8CW2

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NEW REPORT: After years of energy market volatility, North American power purchase agreement (PPA) prices showed increased stability in Q1 of 2024. Download a FREE executive summary of our Q1 2024 PPA Price Index now for insight like: ☀ Which ISO saw a 1.5% decrease in P25 solar prices, presenting a potential opportunity for buyers?  🌬 Which ISO saw a 17.7% increase in P25 wind prices?  📈 What’s ahead for trade restrictions and how might they impact PPA prices? Download now: https://lnkd.in/gtRQBrBN

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The new #ERCOT mandate can become a pressing issue but we are here to help! Please reach out to explore how we can help!

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Our grid and our grid security is in serious need of upgrades. We need to upgrade the security of our existing grid while also ensuring our new grid deployments are secure. The DOE recently announced $15 million in grants to establish six university-based centers to address a region’s unique cybersecurity and workforce training needs. The lead campuses for the other centers will be in Connecticut, Florida, Illinois, Pennsylvania and Texas. Recent funding will create a new cybersecurity center based at Iowa State called CyDERMS, the Center for Cybersecurity and Resiliency of DERs and Microgrids-integrated Distribution Systems. DERs are distributed energy resources such as wind and solar farms or energy storage technologies. Microgrids are local DER grid systems that can be connected to or isolated from the larger grid. Closing or isolating grid connections can help maintain service during cyberattacks or damaging storms. #gridsecurity #microgrid #vpp https://lnkd.in/eitAFWVY

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