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Wind-integrating plant operational in Oregon
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Smart Metering Awards announced
I
NNOVATORS IN the field of smart metering were recognized during the 6th Annual Smart Energy UK & Europe 2015 (formerly known as the Smart Metering UK & Europe Summit), held in the luxurious ETC Venues at St. Paul’s London. A total of 11 awards were doled out: 8 for solution providers and 3 for the utility companies. The European Smart Metering Awards are an initiative of Oliver Kinross aimed at recognising the achievements of solution providers and utilities. All award entries were assessed and judged upon by an independent panel of industry experts. The winners, as chosen by 22 judges on the panel, are as follows: • Netatmo (Network & Communications Award)
• Chameleon Technology (Home Energy Monitor Award) • Green Energy Options (GEO) Smart Metering Technology of the Year Award • Secure Meters (UK) Smart Meter Data Management & Solutions Award • E.ON (Smart Metering Service Provider Award) • Cyan Technology (Innovation of the Year Award) • Endetec-Homerider Systems (Smart Water Metering Innovation of the Year Award) • CyActive (Cyber Security Award) • nPower - Neil Pennington (Roll out Innovation of the Year) • British Gas (Customer Services Innovation Award) • Scottish Power (Utility of the Year Award)
Glennmont acquires bioenergy projects
T
HE DEAL entails the purchase of the Margam Green Energy Project from ECO2 Ltd. and Western Logs Group on behalf of its dedicated clean energy fund, Glennmont Clean Energy Fund Europe II in a £160m deal. The Margam Green Energy Project will see a new biomass power generation plant built in Port Talbot, Wales, providing 40 MW of renewable energy to the Welsh and UK Energy market. The plant was developed and will be managed by ECO2 Ltd., which has unique experience in developing, building and operating UK biomass plants. Fuel for the plant will be sourced from the waste wood market and will be supplied by Stobart Biomass Products Ltd under a long-term, indexed-linked fuel supply contract. The completion of the deal marks the inclusion of the first biomass generation in Glennmont Clean Energy Fund Europe II and a significant step towards the completion of the diversified European portfolio of clean energy investment. “Glennmont is demonstrating an excellent track record of being among the leading investors for producing value in difficult circumstances,” said Joost
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JANUARY/FEBRUARY 2015 | Renewable Energy Focus
Bergsma, CEO of Glennmont Partners. “Margam is a great example of this and sends a strong message to the market that it is full steam ahead for us.” The purchase and further construction of the Margam Green Energy Project is being supported by debt arranged by Deutsche Bank with the support of Eksport Kredit Fonden (EKF), the export credit agency of Denmark. “We are delighted to be involved in this important project that will deliver a new source of renewable energy to Wales and the UK,” said Michael Volkermann, head of infrastructure and energy finance for EMEA at Deutsche Bank. EKF helped Babcock Wilcox Volund A/S secure the contract for the Margam plant. (The deal marks EKF’s first biomass plant in the UK with Babcock Wilcox Volund A/S.) “The project fits very well with EKF’s continued commitment to support renewable energy projects based on Danish technology,” said Kim Richter, senior director for SME & Cleantech at EKF (Eksport Kredit Fonden). “We have been very pleased working with the professional partners involved in making this project possible.”
Wind-integrating plant operational in Oregon
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NEW 220MW power plant supplied by Wärtsilä is now operational in Oregon. The Smart Power Generation plant is designed to balance wind and solar energy, as well as provide load-following and peaking services. The 220 MW Port Westward Unit 2 power plant, supplied by Wärtsilä for Portland General Electric (PGE), reached commercial operation near Clatskanie, Oregon, on December 30, 2014. The power station includes 12 Wärtsilä 50SG engines, running on natural gas. With an output of 18 MW, the Wärtsilä 50SG is the largest gas engine in the world, according to Wärtsilä. The plant is designed to balance wind and solar energy, as well as provide load-following and peaking services. “With the growing amount of variable renewable power coming online, this type of flexible resource is essential in helping us continue to provide reliable service to our customers in an increasingly complex environment,” said Jim Piro, PGE’s president and CEO. Fast-reacting capacity is needed to balance sudden fluctuations in the renewable energy supply in real-time. Wärtsilä’s power plants have an extensive track record of such operation in Kansas, Colorado and Texas. Smart Power Generation technology helps utilities reach their targets for renewable energy. Agile generation not only supports, but enables more wind and solar power. “Port Westward Unit 2’s advanced technology and unique configuration allows PGE to ramp the plant up to full load in less than 10 minutes,” said Rick Tetzloff, Portland General Electric’s project manager for the new plant. “This flexibility allows us to adjust quickly when renewable energy - like wind and solar - rise and fall with natural variability. And it also means that on peak demand days, our customers benefit from increased reliability.”
Smart Metering Awards announced
I
NNOVATORS IN the field of smart metering were recognized during the 6th Annual Smart Energy UK & Europe 2015 (formerly known as the Smart Metering UK & Europe Summit), held in the luxurious ETC Venues at St. Paul’s London. A total of 11 awards were doled out: 8 for solution providers and 3 for the utility companies. The European Smart Metering Awards are an initiative of Oliver Kinross aimed at recognising the achievements of solution providers and utilities. All award entries were assessed and judged upon by an independent panel of industry experts. The winners, as chosen by 22 judges on the panel, are as follows: • Netatmo (Network & Communications Award)
• Chameleon Technology (Home Energy Monitor Award) • Green Energy Options (GEO) Smart Metering Technology of the Year Award • Secure Meters (UK) Smart Meter Data Management & Solutions Award • E.ON (Smart Metering Service Provider Award) • Cyan Technology (Innovation of the Year Award) • Endetec-Homerider Systems (Smart Water Metering Innovation of the Year Award) • CyActive (Cyber Security Award) • nPower - Neil Pennington (Roll out Innovation of the Year) • British Gas (Customer Services Innovation Award) • Scottish Power (Utility of the Year Award)
Glennmont acquires bioenergy projects
T
HE DEAL entails the purchase of the Margam Green Energy Project from ECO2 Ltd. and Western Logs Group on behalf of its dedicated clean energy fund, Glennmont Clean Energy Fund Europe II in a £160m deal. The Margam Green Energy Project will see a new biomass power generation plant built in Port Talbot, Wales, providing 40 MW of renewable energy to the Welsh and UK Energy market. The plant was developed and will be managed by ECO2 Ltd., which has unique experience in developing, building and operating UK biomass plants. Fuel for the plant will be sourced from the waste wood market and will be supplied by Stobart Biomass Products Ltd under a long-term, indexed-linked fuel supply contract. The completion of the deal marks the inclusion of the first biomass generation in Glennmont Clean Energy Fund Europe II and a significant step towards the completion of the diversified European portfolio of clean energy investment. “Glennmont is demonstrating an excellent track record of being among the leading investors for producing value in difficult circumstances,” said Joost
10
JANUARY/FEBRUARY 2015 | Renewable Energy Focus
Bergsma, CEO of Glennmont Partners. “Margam is a great example of this and sends a strong message to the market that it is full steam ahead for us.” The purchase and further construction of the Margam Green Energy Project is being supported by debt arranged by Deutsche Bank with the support of Eksport Kredit Fonden (EKF), the export credit agency of Denmark. “We are delighted to be involved in this important project that will deliver a new source of renewable energy to Wales and the UK,” said Michael Volkermann, head of infrastructure and energy finance for EMEA at Deutsche Bank. EKF helped Babcock Wilcox Volund A/S secure the contract for the Margam plant. (The deal marks EKF’s first biomass plant in the UK with Babcock Wilcox Volund A/S.) “The project fits very well with EKF’s continued commitment to support renewable energy projects based on Danish technology,” said Kim Richter, senior director for SME & Cleantech at EKF (Eksport Kredit Fonden). “We have been very pleased working with the professional partners involved in making this project possible.”
Wind-integrating plant operational in Oregon
A
NEW 220MW power plant supplied by Wärtsilä is now operational in Oregon. The Smart Power Generation plant is designed to balance wind and solar energy, as well as provide load-following and peaking services. The 220 MW Port Westward Unit 2 power plant, supplied by Wärtsilä for Portland General Electric (PGE), reached commercial operation near Clatskanie, Oregon, on December 30, 2014. The power station includes 12 Wärtsilä 50SG engines, running on natural gas. With an output of 18 MW, the Wärtsilä 50SG is the largest gas engine in the world, according to Wärtsilä. The plant is designed to balance wind and solar energy, as well as provide load-following and peaking services. “With the growing amount of variable renewable power coming online, this type of flexible resource is essential in helping us continue to provide reliable service to our customers in an increasingly complex environment,” said Jim Piro, PGE’s president and CEO. Fast-reacting capacity is needed to balance sudden fluctuations in the renewable energy supply in real-time. Wärtsilä’s power plants have an extensive track record of such operation in Kansas, Colorado and Texas. Smart Power Generation technology helps utilities reach their targets for renewable energy. Agile generation not only supports, but enables more wind and solar power. “Port Westward Unit 2’s advanced technology and unique configuration allows PGE to ramp the plant up to full load in less than 10 minutes,” said Rick Tetzloff, Portland General Electric’s project manager for the new plant. “This flexibility allows us to adjust quickly when renewable energy - like wind and solar - rise and fall with natural variability. And it also means that on peak demand days, our customers benefit from increased reliability.”