Search Results for: opower

Opower

Oracle (NYSE: ORCL) today announced that it has entered into a definitive agreement to acquire Opower (NYSE: OPWR), the leading provider of customer engagement and energy efficiency cloud services to utilities, for $10.30 per share in cash. The transaction is valued at approximately $532 million, net of Opower’s cash. Opower’s solutions enable … [Read more...]

Micropower System Modeling

micropower

The HOMER Micropower Optimization Model is a computer model developed by the U.S. National Renewable Energy Laboratory (NREL) to assist in the design of micropower systems and to facilitate the comparison of power generation technologies across a wide range of applications. HOMER models a power system’s physical behavior and its life-cycle cost, … [Read more...]

Avoiding Outages with Hydropower Microgrid…More Renewables in the North American Energy Mix… And Other Quick News

hydropower microgrid

A hydropower microgrid to avoid outages Following its second major outage in three years, the city of Idaho Falls is evaluating a hydroelectric microgrid plan with Idaho National Laboratory (INL). As reported by PostRegister.com, the microgrid would be powered by Idaho Falls' four hydroelectric plants on the Snake River, which can power as … [Read more...]

Integrating Run-of-the-River Hydropower into a Microgrid for Reliability

The Idaho National Laboratory is studying integrating run-of-the-river hydropower into a microgrid to make the city of Idaho Falls' municipal power distribution more reliable. The $1 million, 2-year collaboration with the city of Idaho Falls was prompted by a December 2013 outage that left the city blacked out for hours in subzero … [Read more...]

Opower, Nest are Winners in Home Energy Management

Opower and Nest are leading the growing market in home energy management, says a new report by Navigant. The market sputtered at first, but gained momentum in 2014, says Neil Struther, principal research analyst with Nagivant in this podcast. "It has gained momentum because Opower, Nest, Honeywell and others have seen a fairly competitive market … [Read more...]

Opower, Philips and Enel Named to Fortune’s Change the World List

Three energy companies, Opower, Philips and Enel, made Fortune's first “Change the World” list -- 50 companies deemed leaders in innovation and social good by the business publication. The list also included such giants as Google, Facebook, Starbucks, Whole Foods, Twitter, and Kickstarter. Fortune cited Opower's influence bringing … [Read more...]

Quick Energy Efficiency News…Making Money on Home Demand Response…Fuel Cell Deals…Opower’s Latest Update

A tariff change at the PJM Interconnection will create a new way for residential demand response to earn revenue in the wholesale market, effective this week. The change means that residential demand response resources can now participate in PJM’s synchronized reserve market. Demand response company Comverge helped win the change by providing … [Read more...]

Opower Hopes to Cut Energy Use For Millions in China

At roughly the same time the US and China announced plans to cut greenhouse gas emissions, Opower announced that it's now offering its online energy efficiency program to CLP Power Hong Kong Limited’s (CLP Power) 2.1 million residential customers. Energy efficiency is expected to be the key to meeting US/China greenhouse gas emission goals, says … [Read more...]

Residential Demand Response Yields 5 to 23% Savings: Opower

Opower's new residential demand response program has yielded 23% savings in homes with load control devices and peak rebate rates. Homeowners that have taken voluntary action – such as changing thermostat settings –have seen 5% savings. As a result, the company is expanding its program to include one million customers, said Tom Mercer, group … [Read more...]

Opower's IPO and Won’t You Be My Neighbor?

Opower’s founders Dan Yates and Alex Laskey announced the start of the company’s IPO today in a blog that took a walk down memory lane. The founders showed how far the company has come  by resurrecting a back-of-an-envelope doodle from its infancy in 2006. Yates and Laskey had sketched what look like coal trains, bar charts and dollar signs while … [Read more...]