The Siemens Energy Solution Portfolio is designed as an environmentally friendlier way to meet the needs of markets with diverse generation and is being widely dispatched in California, from the fast start simple cycle and gas turbines at Marsh Landing to the Flex-Plant 10 combined cycle plants at El Segundo and the Flex-Plant 30 combined cycle plant at Lodi. In Orlando, Siemens inaugurated a 40,000 square foot, $7 million wind service training center. The center will host more than 2,400 trainees annually from the Americas, and is accredited by the Global Wind Organization (GWO). Since 2007, Siemens has invested over $110 million in wind energy manufacturing and service in North America, starting on page 1.
Jennifer Eirich at EnerSys looks at current trends in renewable power and the role of energy storage providing a reliable energy buffer throughout the generation and delivery system. A buffer is needed to help maintain reliability. Energy storage can provide the solution by serving as a shock absorber against service interruptions. She offers five points to select the right solution on page 1.
With the closure of the San Onofre Nuclear Generating Station south of Los Angeles, California’s state energy agencies are being forced to do away with their traditional stove piped regulatory decisionmaking process. The loss of 2,200 MW of resources, including reliability and voltage support that SONGS provided, plus 5,000 MW of very old coastal generating stations that will be forced to repower or close by 2020, have motivated state energy leaders to devise new ways of working and rethink energy resources in Southern California, Corum reports on page 13.
Greg Stubbs writes on Dresser-Rand’s fourth annual Corporate Sustainability Report on page 14 for 2013. The report identifies 14 sustainability goals across three core focus areas for the company — environment, society and governance. These goals were defined by the Dresser-Rand Sustainability Council under the direction of the company’s Board of Directors. The Sustainability Council sets the goals for each year based upon the company’s performance the year before, an assessment of opportunities for improved sustainability and various regulatory changes and trends in the marketplace.
Nuclear power is a safe and reliable source of sustainable, CO2-free base-load electricity. Nuclear power generation is an established part of the world’s electricity mix, and the demand for water and the need for quality evaluations will be required well into the 21st century. The NRC’s conservative and thorough review process demands that owners seek hydrologic expertise in developing accurate hydrogeologic models as well as hydrologic analysis. The reliability of site-specific data and its interpretation is essential for building accurate models, Diane Yeager asserts on page 15.
In today’s financial market, financing and building a central plant, district energy system, or MicroGrid has always been complicated. There is very little financing available for a project unless the counterparties are all investment grade, the debt service coverage is around 1.5 x EBITDA and ROI is at least in the high teens. Given that a developer or owner must achieve this benchmark debt service coverage and ROI, only sustainable, high-efficiency projects are feasible today. Determining the feasibility of such a system requires an accurate engineering and economic analysis, Albert Pope shares on page 16.
The Electric Power Research Institute (EPRI) developed an innovative methodology for identifying and quantifying value for grid energy storage opportunities. The EPRI Energy Storage Valuation Tool (ESVT) was developed to support this methodology and enable preliminary cost-effectiveness analysis prior to more resource-intensive analytical efforts. An EPRI report describes results from the application of EPRI’s valuation methodology and supporting software to analyze cases in California. Inputs to the ESVT analyses were provided by the CPUC technical staff with an industry stakeholder group, Ben Kaun tells us on page 17.
Noah Ginsberg says on page 18 that the American Council On Renewable Energy (ACORE), California Clean Energy Fund, and Climate Policy Initiative issued a study titled “Strategies to Scale-Up U.S. Renewable Energy Investment.” It highlights the role of policy at the state, federal, and regulatory level in unlocking record levels of private capital in the industry during the past decade and explores policies that would significantly increase private capital into renewable energy development.
See you at SPI and PGI,