Wissam Balshe

Navigating the choice between the ITC and PTC requires careful consideration of project economics, investor preferences, and regulatory frameworks. By aligning incentives with broader climate objectives and mitigating economic distortions, we can unlock the full potential of renewable energy and pave the way for a sustainable energy future. #ITC #PTC #RenewableEnergy

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AEP’s 2024 Corporate Sustainability Report is out!

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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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The acquisition of Anchor Power Solutions by Yes Energy is accelerating the development of EnCompass to become a leading power market modeling software used to decarbonize the grid and select transmission projects that enable the delivery of reliable clean power. Yes Energy’s market-leading solutions for short-term power market congestion analysis is a critical driver of trading and power market investment decisions. EnCompass’s nodal transmission modeling capability combined with Yes Energy’s solutions helps you to better understand the dynamics of North America’s highly complex grid. You can broaden the range of decisions you tackle using best-in-class data and tools. Learn more about getting power market data to solve your challenges at https://www.yesenergy.com/.   #RenewableEnergy #Sustainability #PowerGrid

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We need these initiatives in India soon : In 2021, the California Public Utilities Commission issued a mid-term reliability (MTR) mandate requiring utilities to procure 1,000 MW of non-weather-dependent, non-battery, zero-emission energy to increase the reliability of the state’s electric grid. This decision catalyzed demand for geothermal, which provides firm, carbon-free power, filling gaps left by weather-dependent renewables like solar and wind. https://lnkd.in/dTkRDs2P

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Participating in Demand Response (DR) programs allows energy users to work with utilities to cut power usage during peak times, helping to reduce carbon emissions and save on energy costs. DR programs now feature automated systems, making deployment easier and more effective. Click below to discover the benefits of Automated Demand Response (Auto-DR) and how it can help your business become more energy-efficient and cost-effective. https://lnkd.in/eia8gYf8 #AutoDR #DemandResponse #ESG #Decarbonization #Automation

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Your decisions are only as good as your data. Accurate emissions forecasting and analysis should draw on data that accounts for local variations in grid emissions factors (e.g., planned changes in the energy resource mix, policy initiatives, etc.). Verse's Data Hub uses advanced modeling and comprehensive datasets to capture these critical factors so companies can develop accurate emissions forecasts that drive informed investment decisions. #sustainability #renewableenergy #ESG #emissions

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The new, inclusive approach of these credits is pivotal for accelerating the deployment of clean technologies and achieving broader decarbonization goals, driving significant increases in clean electricity capacity and reductions in air pollutants and resulting in substantial consumer savings on annual electric costs. #TaxCredits #Decarbonization

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Energy Solutions’ Aniruddh Roy and Chris Granda are hosting an informal session at European Council for an Energy Efficient Economy (eceee) to share information about California’s water heating regulations and how it can help inform a larger decarbonization strategy. #eceee #eceeesummerstudy #decarbonization

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ISO New England Inc. is making strides to support states' environmental goals with proposed changes to transmission planning. This initiative, developed in response to a request from NESCOE, will allow states to advance from scenario-based studies to actionable regional transmission solutions. The ISO anticipates a 1.8% annual growth in net energy demand through 2033, necessitating robust planning and capacity market adjustments. This forward-looking approach is seen as a model for other regions and aligns with recent FERC transmission planning reforms. It promises to keep costs low while ensuring a clean energy future for New England. Discover more about these impactful changes in Utility Dive:

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We recently contributed to Tierra Climate's paper: Supercharging Battery Economics, Shrinking Emissions - along with WattTime.org, Grid Status, and MODOENERGY. The study provides a detailed assessment of the economic and environmental performance of the ERCOT fleet updated for the latest market changes in 2023. Layering on carbon contracts, Tierra Climate concludes energy storage assets could meaningfully reduce carbon emissions on the electricity grid. You can download the paper here: https://lnkd.in/gGC-6rQz #cleanenergy

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“As utilities and regulators work toward aggressive clean energy goals, virtual power plants (VPPs) are key for ensuring grid stability and reliability, distributed energy resource integration, and cost savings for both utilities and customers.” - Lakin Garth 💡 Step into the forefront of innovation with SEPA’s latest blog, where we explore some of the key insights from our VPP workshop during the 2024 NARUC Winter Policy Summit. We'd like to thank our partners the U.S. Department of Energy (DOE)'s Loan Program Office, and RMI for their collaboration on this workshop! In case you missed the workshop, read more here: https://lnkd.in/epiH64Sa #SEPAInsights #SmartElectricPowerAlliance #SEPA #VirtualPowerPlants #EnergyInnovation

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In a new Energy Matters blog post, read about how the California ISO has been having success with its new, more coordinated, strategic and longer-term approach for planning and building new transmission infrastructure to fortify grid reliability. Learn more: https://ow.ly/VU5n50RojJX

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💡If you get as amped up as Jonathan does about the future of #energy #technology, ARPA-E's 3-day event is for you! Hear from our co-founder Jonathan Scott about energy innovation in Dallas, Texas, later this month.   #keynote #solar #PowerTrip #ARPAE24

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Progress in the next 10 years is "critical," per BloombergNEF, to unlock renewable resource interconnection and achieve net-zero 2050 goals. Including a tripling of renewables buildout by 2030. We see from the interconnection queues that a large portion of these new resources will be solar #PV and battery energy storage systems #BESS (as well as notable increases in wind). All these technologies are inverter-based resources (#IBR) that will have a significant impact on how the grid is planned, designed, engineered, and operators. #IBRs change the fundamental characteristics, including stability, of the bulk power system. It is imperative that we collectively tackle forward-looking challenges proactively rather than waiting for reliability risks to emerge and acting reactively. Given the rapid pace of change, we need quick action that 1) balances limitations of the existing resource base and system, 2) fully leverages the technology of newly connecting resources (e.g., IEEE 2800-2022, grid forming, etc.), and 3) drives long-term wholistic grid planning solutions with adequate near term multi-value projects (e.g., grid-enhancing technologies #GETs, advanced conductors, etc.). #energytransition #gridtransformation #gridreliability #gridstability #standards #transmissionplanning #ibr #solar #bess Elevate Energy Consulting Source: https://lnkd.in/grKkZ_TP

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"...the average plant takes three to four years to build and new energy transmission power lines take three to six years to connect everything together." Does it have to take this long? What if we think out-of-the-box? What if we allowed entrepreneurs to start independent and unregulated utilities? Eliminating state electricity regulation might speed things up by a couple of years for those utilities while the competition for customers would bring forth all sorts of innovations that we can't even imagine today. And better still, there is no need for taxpayers to step in. Interested? Let's talk. https://lnkd.in/gDPNi2pd

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We’re not going to meet the incredible demand for power by doing more of the same. We’re going to need innovative solutions to get around grid bottlenecks. AES has been focused on overcoming these bottlenecks by using Dynamic Line Rating and energy storage as transmission, aka 'Grid Boosters'. Great to see AES emphasizing the urgency of deployment of these technologies at the WH/DOE summit on grid modernization yesterday.

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