The Electric Power Research Institute’s (EPRI’s) Incubatenergy Labs—a program that connects leading startup companies with electric power utilities from around the world—invites startup companies to apply for the opportunity to propose innovative solutions to the most challenging issues facing the electric power industry. Selected applicants will be invited to participate in the 2021 Incubatenergy Labs Demo Day Challenge. Startups must apply online to pitch their proposal to a group of electric power utilities in March 2021. Startups that deliver successful pitches at this event will go on to work with EPRI and electric power utility experts to scope and execute ...
As part of its continued commitment to diversity, equity and inclusion (DE&I), Exelon named 34 companies to its 2020 D&I Honor Roll, which recognizes partners in banking, insurance, IT, legal, professional services and investments for their work to include women and people of color in key roles on Exelon’s account teams, as well as additional efforts that recognize the value of D&I. Exelon also continually improves its own diversity, equity and inclusion programs, and this year added Exelon Investments and Legal as part of the combined D&I Partnership Program, recognizing a broader scope of firms that support diversity in their ...
On September 29, Vistra announced a comprehensive plan to accelerate its transition to clean power generation sources and advance efforts to significantly reduce its carbon footprint. The company launched Vistra Zero, a portfolio of zero-carbon power generation facilities. In addition, the company committed to more ambitious long-term emissions reduction targets, released its first climate report, and announced its intention to retire all of its generation subsidiaries’ coal plants in Illinois and Ohio. “The aggregate impact of these milestone initiatives is clear: Vistra’s commitment to our transformation to a low-to-no-carbon future is unequivocal and offers unique opportunities for growth and innovation,” ...
On September 10, the Edi-son Electric Institute (EEI) awarded Southern Company with the 92nd Edison Award. Presented annually and select-ed by a panel of former energy industry executives, the Edison Award is the electric power in-dustry’s most prestigious honor. Southern Company was se-lected for its energy storage system initiatives, including the development, commissioning, and operation of the Energy Storage Research Center (ESRC). The Birmingham, Ala., facility serves as an industry-wide destination for battery en-ergy storage technology testing, evaluation, and large-scale demonstration. Additionally, the ESRC forms the anchor for several other Southern Compa-ny energy storage R&D initia-tives that achieved key mile-stones ...
The Illinois Commerce Commission (ICC) has voted unanimously to initiate an investigation into an annual process and formula for calculating rebate values for customers with solar, wind or other renewable energy systems on their property within Ameren Illinois’ territory. A provision of the Future Energy Jobs Act (FEJA), which became effective in 2017, requires the ICC to determine compensation for retail custom-ers for the benefits distributed energy resources provide to the grid. The compensation must reflect the value of the distributed generation and consider geographic, time-based, and performance-based benefits, for present and future grid needs. “One of the primary goals ...
