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Con Edison Affirms Energy Efficiency Commitment (Ind. Report)
Con Edison
Date: 2020-05-22
In New York, Consolidated Edison, Inc CEO John McAvoy reports the company -- one of the nation's largest investor-owned energy-delivery companies -- will triple its energy efficiency programs with an investment of more than $1.5 billion by 2025.

The program aims to help ConEd customers reduce their reliance on natural gas with incentives for ground and air-source heat pumps and continue its support of electric vehicle adoption, McAvoy said during the company's first virtual-only annual meeting. McAvoy also affirmed Con Edison's Clean Energy Commitment to aggressively pursue reductions in overall energy use. (Source: Consolidated Edison, Inc. 18 May, 2020)

More Low-Carbon Energy News Consolidated Edison news,  Energy Efficiency news,  


White Plains Plans City-Owned Property Solar Arrays (Ind. Report)
White Plains
Date: 2020-02-05
In the Empire State, the city of White Plains reports it is planning to install solar generating facilities at eight city properties.

The city estimates the facilities would generate sufficient energy for roughly 4,900 homes, remove 46,400 tpy of CO2 emissions and contribute an estimated $960,000 per year for the city coffers.

Distributed Solar Projects LLC has been named to establish the solar program and complete the solar installations in conjunction with Con Edison. (Source: City of White Plains, Westfair Bus. Pub., 29 Jan., 2020) Contact: City of White Plains, Rick Hope, Commissioner of Public Works, 914-422-1210, rhope@whiteplainsny.gov, Email Richard G. Hope www.cityofwhiteplains.com; Distributed Solar Projects LLC, www.linkedin.com › company › distributed-solar-development

More Low-Carbon Energy News Solar,  


Utilities Coalition Challenging Trump's ACE Plan (Ind. Report)
Power Companies Climate Coalition
Date: 2019-09-18
Reuters is reporting New York-based Con Edison and eight other U.S. utilities -- the Power Companies Climate Coalition -- have filed a legal challenge to the Trump administration's Affordable Clean Energy (ACE) plan to cut carbon emissions from power plants. Trump's plan replaces the Obama administration's Clean Power Plan that would have cut power plant carbon emissions by more than a third from 2005 levels by 2030 by virtually eliminating coal-fired power production.

According to the filing, Trump's Affordable Clean Energy (ACE) rule undermines efforts already under way to reduce greenhouse gas emissions by investing in renewable energy, electric vehicle infrastructure and energy efficiency and other clean technologies.

ACE allows states three years to devise their own plans to cut emissions mainly by encouraging coal-fired power plants to improve efficiency.

The coalition members include: Con Edison, Exelon Corp, National Grid, PG&E Corp, Public Service Enterprise Group Inc, Los Angeles Department of Water and Power, Seattle City Light, Sacramento Municipal Utility District and New York Power Authority. (Source: Con Edison, Guardian, Reuters, 16 Sept., 2019)

More Low-Carbon Energy News Power Companies Climate Coalition,  Obama Clean Power Plan,  Affordable Clean Energy Plan ,  


Sempra, ConEdison Completes Renewable Energy Assets Sale (M&A)
Sempra Energy,CopnEdison
Date: 2018-12-17
Further to our 24th Sept. coverage, Sempra Energy reports the closure of the sale of its U.S. operating solar assets, solar and battery storage development projects, and ownership interest in one wind facility to Consolidated Edison Inc. for approximately $1.6 billion in cash, subject to customary post-closing adjustments.

The transaction included Mesquite Solar 2 and 3 in Arizona, Copper Mountain Solar 1 and 4 in Nevada, Great Valley Solar in California, and solar and battery storage development projects. Additionally, Con Edison acquired Sempra Energy's interest in jointly owned facilities, including Mesquite Solar 1; Copper Mountain Solar 2 and 3; the Alpaugh, Corcoran and White River solar facilities in California; and the Broken Bow II wind facility in Nebraska. The sale represents approximately 980 MW AC of installed capacity.

Sempra Energy intends to use the sale proceeds for debt reduction and to expand its regulated Texas utility platform through Oncor Electric Delivery Co. LLC's pending acquisition of InfraREIT Inc. (Source: Sempra Energy, PR, 14 Dec., 2018) Contact: ConEdison, Jorge J. Lopez, Pres., CEO, (914) 286-7094, www.conedsolutions.com; Sempra Energy, Inv. Relations, (619) 696-2901, www.sempra.com

More Low-Carbon Energy News Sempra Energy,  ConEdison,  


Johnson Controls, Con Edison Enter Energy Storage JV (Ind. Report)
Johnson Controls,Consolidated Edison Solutions
Date: 2018-10-01
Johnson Controls International plc will provide the intellectual property and be a minority owner in a new energy storage JV with Consolidated Edison Solutions Inc., a subsidiary of New York-based Con Edison Cleaner Energy Businesses Inc., the companies have announced.

Con Edison Solutions will be the majority owner and operating partner of the joint venture as the exclusive provider of battery storage systems to customers of Johnson Controls. The battery storage systems JCI has developed learn the operating characteristics of a building's electrical system and optimizes them for the end customer's maximum economic benefit.

Johnson Controls' energy storage group employees will become part of Con Edison Clean Energy Businesses. Other terms of the agreement have not been released. (Source: Johnson Controls, Con Edison, Milwaukee Biz Times, 1 Oct., 2018) Contact: Con Edison Clean Energy Businesses , Mark Noyes, President and CEO, www.conedsolutions.com; Johnson Controls, www.johnsoncontrols.com

More Low-Carbon Energy News Johnson Controls,  Consolidated Edison Solutions,  Energy STorage,  


Con Edison Snares 943 MW Sempra Solar Asset (Ind. Report, M&A)
ConEdison, Sempra
Date: 2018-09-24
Con Edison is reporting it will close on the planned $1.54 billion purchase of 943 MW of operational solar plants and a 38 MW wind farm from Sempra before the year end -- subject to US DOE and FERC regulatory approvals. The transaction will make Con Edison the 2nd-largest owner of operational solar assets in the US.

ConEdison plans to fund the acquisition via borrowing $825 million in long-term, non-recourse debt and issuing $715 million in equity, and will assume $576 million in debt tied to these projects. (Source: ConEdison, PV Mag., Other, 21 Sept., 2018) Contact: ConEdison, Jorge J. Lopez, Pres., CEO, (914) 286-7094, www.conedsolutions.com; Sempra Energy, Inv. Relations, (619) 696-2901, www.sempra.com

More Low-Carbon Energy News ConEdison,  Sempra,  Solar,  


Con Edison's South Dakota Wind Farm Near Completion (Ind. Report)
Con Edison
Date: 2018-07-16
Con Edison is reported to nearing completion of a 9-turbine wind farm in Brule County, near the community of Kimball, South Dakota. Wanzek Construction was the project contractor.

When fully operational, the $10 million project is expected to generate sufficient power for power about 2,250 homes. (Source: Con Edison, Daily Republic, 14 July, 2018) Contact: Con Edison, Jorge J. Lopez, Pres., CEO, Project Development Director Corey Juhl, (914) 286-7094, www.conedsolutions.com

More Low-Carbon Energy News Wind,  Con Edison,  


Green Street Snares NYC Solar Projects Portfolio (M&A)
Green Street Power Partners
Date: 2018-03-07
Stamford, Connecticut-headquartered Green Street Power Partners (GSPP) is reporting the purchase of a portfolio of community solar projects in Con Edison's service zone, from SunPower.

The portfolio includes a 918-kilowatt rooftop project in Maspeth, Queens. The project was originated by SunPower dealer Accord Power, which is providing EPC services. Construction, using SunPower Helix advanced technology, is expected to get underway April 1. 2018. The completed project will generate sufficient power for more than 150 NYC homes. (Source: Green Street Power Partners, PR, 5 Mar., 2018) Contact: Green Street Power Partners Scott Kerner, CEO, www.greenstreetsolarpower.com

More Low-Carbon Energy News Solar,  Community Solar,  Green Street Power Partners,  


ConEdison, Tesla Partner on Powerpack Installations (Ind. Report)
Tesla,ConEdison,Orange and Rockland
Date: 2018-02-19
In the Big Apple, New York's largest electric utility, Con Edison, reports it has partnered with Tesla to propose a series of Powerpack energy storage installations in collaboration with Orange and Rockland (O&R), a Con Edison subsidiary.

The Project will develop and test methods of mitigating barriers to energy storage implementation. The demonstration project batteries will consist of a 4MW/8MWh portfolio of aggregated batteries located at individual battery sites behind-the-meter of commercial and industrial customers and co-located with distribution-connected remote solar projects. The battery installations will be developed, designed, installed, operated and maintained by Tesla.

The $5.6 million project is expected to pay for itself quickly by creating over $700,000 in value per year in the New York ISO energy, capacity and ancillary services markets. (Source: Tesla, ConEdison, ElecTrek. 15 Feb., 2018)Contact: Orange and Rockland, www.oru.com; Tesla Power Pack, www.tesla.com/en_CA/powerpack; ConEdison, Jorge J. Lopez, Pres., CEO, (914) 286-7094, www.conedsolutions.com

More Low-Carbon Energy News Tesla Powerpack,  Con Edison,  Energy Storage,  


ConEdison Doubles Energy Savings Rebate Incentives (Ind. Report)
Legend Power Systems
Date: 2018-01-24
Vancouver-based voltage reduction and optimization technology specialist Legend Power Systems Inc. reports that NYC power utility Con Edison has increased its financial incentives for energy saving technologies, including Legend's proprietary Harmonizer system.

The Harmonizer measures the incoming voltage from the grid. It knows the maximum savings your electrical equipment will allow and tunes the voltage down as much as it can. Voltage from the grid often fluctuates so the Harmonizer dynamically compensates in real time.

Even if the voltage naturally pops down to the optimum level, the system goes into a bypass state to let everything through. So your building will always get what it needs while saving the most amount of money possible, accxording to the company website. The increase in incentives funding relevant to Legend's offering comes from Con Edison's Commercial and Industrial Energy Efficiency Program. which previously offered a performance-based Custom incentive of $0.16 per kWh. This typically equates to a cash contribution ranging from $10,000 to $25,000 for a Legend project. Con Edison has added an incentive of $600 per kW saved, significantly increasing the typical funding range for a Legend project from $20,000 to $50,000, according to the company website. (Source: Legend Power Systems, 22 Jan., 2018) Contact: Legend Power Systems , Randy Buchamer, CEO, Pres., (778) 945 1501, rbuchamer@legendpower.com, www.legendpower.com

More Low-Carbon Energy News Energy Efficiency,  Energy Management,  ,  Energy Efficiency,  Energy Efficiency Incentive,  


Con Edison Snares BayWa 25 MW Montana Wind Farm (M&A)
Con Edison Development
Date: 2017-11-15
Con Edison Development is reporting the acquisition the acquisition of the substantially completed 25 MW Big Timber Wind project from BayWa r.e. Wind, LLC, a renewable energy developer, wholesaler and energy solutions provider. Big Timber Wind is expected to come online within weeks. (Source: ConEdison, Elec. Light & Power, 11 Nov., 2017) Contact: BayWa r.e. GmbH, Matthias Taft, CEO, +49 (89) 383932 131, www.baywa-re.com; ConEdison, Jorge J. Lopez, Pres., CEO, (914) 286-7094, www.conedsolutions.com

More Low-Carbon Energy News BayWa,  Con Edison Development,  


Con Edison Proposes Maine Wind Energy Delivery to the Bay State Boston (Ind. Report)
Con Edison
Date: 2017-08-07
New York energy utility Con Edison reports it aims to partner with Maine Power Express LLC, (MPX) a group of energy developers, to construct wind farms in Penobscot and Arostock Counties, Maine. Power from the new wind farms would be transmitted to Boston through a bid process under consideration in Massachusetts.

Under the plan, MPX would build a 630-megawatt wind facility in Penobscot and Aroostook counties called County Line Wind. Then the partnership would deliver that power via an underground power line on an existing energy corridor that eventually connects to an underwater transmission line to Boston, according to a press release issued Wednesday.

If the MPX project wins the Massachusetts Clean Energy RFP, it would sign a 20-year power purchase agreement with Massachusetts utilities regulators, according to the release. Construction of the wind farms and the transmission corridor would be complete by 2022, according to the bid. Massachusetts is expected to make its selection in January 2018. (Source: Con Edison, Press Herald, 2 Aug., 2017) Contact: Con Edison, (212) 460-4600, www.coned.com

More Low-Carbon Energy News Con Edison,  Wind,  


ConEd Energy Management, Efficiency Program Extended (Ind. Report)
New York State Public Service Commission,Consolidated Edison
Date: 2017-07-19
In the Empire State, the New York State Public Service Commission (PSC) reports it has extended and expanded Consolidated Edison's (ConEd) Brooklyn Queens Demand Management (BQDM) program which is expected to save customers approximately $24.5 million over the life of the program.

BDQM will add additional distributed energy resources -- fuel cells, solar power, battery storage and thermal storage -- that will enable ConEd to delay additional traditional infrastructure construction and thus create savings for customers. ConEd's Energy efficiency initiatives have resulted in more than 110 gigawatt-hours (GWh) of annual energy reduction for small business hours and 27 GWh in multi-family residences and individual apartments, according to the NY PSC release. (Source: NY PSC, Energy Manager, 17 July, 2017) Contact: New York State PSC, (518) 474-7080, www.dps.ny.gov; Con Edison, Vicki Kuov, (212) 460-4600, kuov@coned.com

More Low-Carbon Energy News Energy Efficiency,  Energy Management,  New York State Public Service Commission,  Consolidated Edison ,  

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