by Staff Writers
ConshohockenPA (SPX) Jun 09, 2011
Viridity Energy has announced it has been a selected to provide energy optimization services by Fort George G. Meade, Maryland. Viridity Energy will enable Fort Meade to provide virtual power onto the electric grid, creating new revenue credits for the army installation by monetizing energy reductions across PJM energy markets.
The effort will include a variety of load control measures including HVAC optimization, generator dispatch and leveraging ice storage. Sain Engineering will provide onsite energy professionals to facilitate and manage the program for Fort Meade.
"We're very excited that Fort Meade has taken the initiative to further improve overall energy efficiency, power surety, and capitalize on advanced energy management by partnering with Viridity Energy," said Audrey Zibelman, President and CEO, Viridity Energy.
"There is a great economic opportunity for military bases across the country to reduce their energy expense and achieve their energy reliability and security goals by integrating their many energy assets as virtual power onto the power grid. We are proud to do our part to increase energy optimization and energy reliability at an installation such as Fort Meade, which is so vital to our nation's security and safety."
Viridity Energy recently announced an agreement with Defense Logistics Agency - Energy (DLA Energy) to pursue load curtailment at federal and military facilities across the United States.
Viridity Energy started its relationship with Fort Meade on June 1, 2011. The Fort Meade installation has the fourth largest workforce of any army installation in the United States, and with over 42,000 personnel, is Maryland's largest employer. Fort Meade has 85 tenant units, covers 5,067 acres and has 1,517 buildings.
"Given the size and scope of Fort Meade and its operations, this partnership represents a substantial opportunity for us," according to Randy Williams, Public Works Engineering Division Chief for Fort Meade.
"With Fort Meade being located in the heart of PJM along the Baltimore-Washington corridor, we are dealing with some of the highest retail energy rates, and grid congestion in the country. This initiative will help us leverage new and innovative programs that can both reduce our energy use and enable us to provide unused capacity back into the grid at premium prices to improve grid stability."
"We are pleased to provide strategic management of this important energy program," said Stephen Sain, CEO of Sain Engineering.
"Our experience working with utilities and government installations make this a great fit. We look forward to accomplishing the goals of this project to conserve energy and create revenue credits through load reduction and optimization at Fort Meade."
Viridity Energy combines state-of-the-art knowledge and forecasting of the wholesale electricity markets, automated communications with building management systems and distributed energy resources, into Viridity Energy's proprietary VPower(TM) energy optimization platform.
These tools work together to maximize the economic and environmental benefits that clients can achieve through dynamically optimized integration and management of their load, storage and supply resources. Viridity Energy will represent Fort Meade in PJM's key wholesale markets for capacity, energy and for ancillary services such as synchronized reserve. Viridity Energy will receive compensation for its work by sharing in the revenues from those markets.
Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.
Novel geothermal technology packs a one-two punch against climate change
Minneapolis MN (SPX) Jun 09, 2011
Two University of Minnesota Department of Earth Sciences researchers have developed an innovative approach to tapping heat beneath the Earth's surface. The method is expected to not only produce renewable electricity far more efficiently than conventional geothermal systems, but also help reduce atmospheric carbon dioxide (CO2) - dealing a one-two punch against climate change. The approach ... read more
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement|