Comverge reaches 126-MW demand reduction deal with Nevada Power
As part of the two-year deal, Comverge will operate Nevada Power's existing 15-MW to 19-MW demand-response system, which comprises thermostats and digital-control units, from 2007 to 2009. Comverge expects to recognize between $25 million and $30 million in revenue from the contract.
Comverge will market the VPC program to Nevada Power's residential and small commercial customers. The load-management system will encourage energy efficiency and help assure energy reliability during times of peak demand, the company said.
The program also will allow Nevada Power to call on capacity that can be dispatched within 10 minutes.
Nevada's renewable portfolio standard allows utilities to use energy-efficiency programs to meet up to 25% of the standard.
Related News
Renewables Surpass Coal in India's Energy Capacity Shift
INDIA - In a landmark shift for the world's second-most populous nation, coal has finally been dethroned as the king of India's energy supply. The first quarter of 2024 saw a historic surge in renewable energy capacity, pushing its share of power generation past 71.5%. This remarkable feat marks a turning point in India's journey towards a cleaner and more sustainable energy future.
For decades, coal has been the backbone of India's power sector, fueling rapid economic growth but also leading to concerning levels of air pollution. However, a confluence of factors has driven this dramatic shift. Firstly, the cost…
