Introducing high fidelity energy community layers for PRISM

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Last year’s Inflation Reduction Act (IRA) included several adders of particular interest for renewable energy developers. The Energy Community Tax Credit Bonus increases the investment tax credit an extra 10% for projects that began operating after Dec. 31, 2022, and are within one of four qualifying energy communities.  Two of the energy communities seek to […]

From Parcels to Profits

Enverus Press Release - Updated US residential solar and storage forecast predicts major shifts in power demand by 2050

How top renewable power developers filter areas by market potential, the highest return of investment and parcel attributes.

Enverus selected for NET Power’s commercial initiative

Enverus Press Release - Enverus selected for NET Power’s commercial initiative

Enverus, a leading energy-dedicated SaaS platform, is pleased to announce that clean energy technology company NET Power has selected it as its trusted data source for its business intelligence and analytics functions. Under terms of the commercial agreement and strategic collaboration, NET Power will leverage the full suite of Enverus’ offerings, including Enverus Fusion® Connect, Enverus PRISM®, Enverus Intelligence® and access to Enverus’ leading technical team.

Preparing for FTR auctions

The financial transmission rights (FTR) auction process is a financial mechanism used in electricity markets to manage the financial risks associated with the transmission of electricity across the power grid. By participating in FTR auctions, investors can hedge against price volatility and congestion in the transmission network (day-ahead energy market and day-ahead locational marginal price spread), reducing their exposure to financial losses.

Powering through outage season: A breakdown of PJM’s WHUB/NIHUB spread

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It’s that time of year when generator and transmission outages are at their peak in PJM. The first half of April has not disappointed volatility-wise as the WHUB/NIHUB spread has set new 30-day highs largely driven by congestion. Figure 1: Day-ahead WHUB/NIHUB MCC spread for the last 30 days with the constraints driving this spread […]

Introduction to power purchase agreements for renewable energy

Power purchase agreements (PPAs) are an essential tool for traditional and renewable developers and buyers. A PPA is a contractual agreement between a generator and a buyer that outlines the purchase of electricity or ancillary services for a set time period. Developers can benefit from PPAs by securing a long-term revenue stream for their projects, […]

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