Energy Update

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By Gia Schneider, CEO and co-founder at Natel Energy

Sappi North America Inc., a producer and supplier of paper, packaging products and pulp, announced it will sell its hydroelectric assets on the Presumpscot River in Maine to Dichotomy Power LLC, pending satisfactory completion of regulatory and other approvals.

The move will allow Sappi to focus on its core competencies and is consistent with Sappi’s recent restructuring of the Westbrook site, according to a press release.

RES (Renewable Energy Systems) and partner Cowessess First Nation are pleased to announce a tender award with SaskPower for a 200 MW-wind project located south of Kipling, in southeastern Saskatchewan, Canada.

Transmission is key if the US is serious about becoming a nation powered by more renewable energy; new taskforce will work to overcome obstacles and barriers to key infrastructure build-out.

The Federal Energy Regulatory Commission (FERC) and the National Association of Regulatory Utility Commissioners (NARUC) today announced the formation of a joint federal-state task force on electric transmission, which FERC established by order issued today. 

This week Newlab and Ørsted announced the launch of the Blue Energy Studio, a collaborative initiative designed to drive innovation towards a future powered by renewable energy.

Countries are slowly diversifying their energy portfolio by including hydrogen in their future roadmap towards a low carbon economy. Today, several global trends and activities distinguish the renewed focus on hydrogen from what has been observed in the past. Countries like Germany, Japan, the UK, China, Australia, and others have already made plans targeting Hydrogen production and prices with a series of investments and potential policies being considered.

The expected decreased demand for fossil fuels, coupled with the falling costs associated with renewable energy projects, are driving major oil and gas companies – including bp, Total and Shell – to actively restructure their businesses to add more renewable power projects to their portfolios.

With the increase in Electric Vehicles’ availability in Midwest states, it is time to acknowledge the opportunities for charging EVs at MISO, the regional grid operator. Aggregated EVs can be a distributed energy resource (DER). Therefore, aggregators are ideally positioned to bid EVs into the MISO market. MISO and other grid operators can enable EV prospects by allowing aggregated EVs to participate in the energy markets.

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