In a new Q&A with The Current, Michael Smith reflects on how far CPower and #VirtualPowerPlants have come in his first year as CEO and discusses where they are heading. Learn how, as the nation’s largest #VPP provider, CPower boosts grid reliability while helping customers unlock the full value of their distributed energy resources (#DERs)—and why this is increasingly important to smoothing the transition to #cleanenergy: https://ow.ly/sZ1150SJCEE. #EnergyTransition #VPPs #DemandResponse #CustomerPoweredGrid
CPower Energy
Software Development
Baltimore, Maryland 6,404 followers
Clean Energy Powered By Youᵀᴹ
About us
CPower is the leading, national DER Monetization and Virtual Power Plant provider, creating the Customer-Powered Grid® that will enable a flexible, clean and dependable energy future. With 6.7GW of capacity at more than 27,000 hours sites across the U.S., we unlock the full value of distributed energy resources to strengthen the grid when and where it’s needed most. CPower is based in Baltimore, Maryland and is owned by LS Power, a development, investment, and operating company focused on the power and energy infrastructure sector.
- Website
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http://www.cpowerenergy.com
External link for CPower Energy
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- Baltimore, Maryland
- Type
- Privately Held
- Founded
- 2014
- Specialties
- Demand Response, Energy Efficiency, Distributed Generation, Demand Management, Distributed Energy Resources, Demand-Side Management, Renewables , Energy, clean energy, Virtual Power Plans, Energy Storage, and DER Monetization
Locations
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Primary
1001 Fleet St
Baltimore, Maryland 21202, US
Employees at CPower Energy
Updates
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Happy National Intern Day! We would like to thank our interns for their hard work and contributions this summer. We appreciate you Jacob Wallman, Pooja Shah and Morgan White! #NationalInternDay #energytransition #intern #energy
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Many of you saw the news this morning regarding the technical outage as a result of the system update from CrowdStrike, which impacted most industries and many businesses across the globe. Thanks to the diligence of our IT and support teams, CPower is happy to report that we have fully restored and tested all our critical systems including dispatch and grid operator communications, and are now working to get customers back into markets ASAP. Please reach out to your CPower Account Team with any questions.
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Want to stay ahead of the curve in the virtual power plant space? Join CPower's Jay Snyder, C.E.M. and Spencer Borison from Codibly for a LinkedIn webinar on Thursday, July 25, 10 a.m. ET. They will discuss demand flexibility and implementation strategies, including case studies, and provide valuable perspectives and lessons learned. Click the Attend button below to register.
We are excited to partner with CPower Energy, the leading distributed energy resources monetization and Virtual Power Plant provider to offer insights and discussion in our latest Codibly hosted webinar: Virtual Power Plants and Demand Response: Lessons Learned, Latest Insights, and Innovations in Load Flexibility. Join us on 25th July 2024 at 4 pm CET (10.00 am EST, 7 am PST) for an insightful presentation and discussion on the latest innovations and emerging trends in the demand flexibility space. Our expert speakers, Jay Snyder, C.E.M. from CPower and Spencer Borison from Codibly, will provide valuable perspectives on lessons learned related to demand flexibility and technical implementation strategies, as well as a discussion of real-world case studies. Don't miss this opportunity to stay ahead of the curve in the Virtual Power Plant space. Register now on LinkedIn to secure your spot! #Webinar #DemandFlexibility #Innovation #VirtualPowerPlants #CPower #Codibly #EnergyManagement #RenewableEnergy #Renewables
Virtual Power Plants & Demand Response: Lessons learned and Key Insights
www.linkedin.com
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You can earn a check when temperatures soar and demand peaks in #Arizona – stop by our Booth at the Arizona Association of School Business Officials conference this week to learn more about the Peak Solutions program from CPower’s Matthew Pool, MBA. #demandresponse #virtualpowerplants #energytransition #AZ #grid #distributedenergyresources
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Attention on-grid miners based in US deregulated markets: check out the Compass Mining pod featuring Kam Tower about the role of #VirtualPowerPlants including #demandresponse in supporting the #grid, especially with the increasing demand from #DataCenters #AI #HPC. Thanks Jarrett Carpenter for having us on! 👇
This week, Kam Tower of CPower Energy joins the podcast to discuss the role of energy in Bitcoin mining, the importance of virtual power plants in balancing the grid, and the challenges and opportunities that a growing energy demand combined with a lagging energy supply will present. This episode touches upon the following themes and more: ⛏️⚡️ Virtual power plant development and working with various industries to monetize their flexibility and provide value to the grid. ⛏️⚡️ Bitcoin mining and other emerging industries like HPC and AI are increasing the demand for electricity, requiring more flexible and dynamic energy solutions. ⛏️⚡️ Curtailment is a sustainable and environmentally friendly way to balance the grid and reduce costs and emissions. ⛏️⚡️ The collaboration between energy and Bitcoin mining can lead to better power agreements, cost savings, and a more sustainable energy grid. ⛏️⚡️ Partnerships between miners and utilities, cooperatives, and municipalities are forming to balance the grid and lower costs for ratepayers. ⛏️⚡️ The US, particularly Texas, is a favorable location for Bitcoin mining due to its relatively cheap on-grid power. ⛏️⚡️ The grid is placing a premium on flexibility services, including virtual power plants, to optimize energy strategies and reduce costs. ⛏️⚡️ Bitcoin mining contributes to energy efficiency and environmental sustainability by avoiding the burning of coal and reducing CO2 emissions. To check out this episode today, please find a link below: 📺 YouTube - https://lnkd.in/ejDtTgxb 🎧 Spotify - https://lnkd.in/edrRjzKN 🎧 Apple Podcasts - https://lnkd.in/eUnNnzD2 #energy #virtualpowerplants #texas #bitcoinmining #bitcoin
Energizing Bitcoin & Balancing The Grid With Kam Tower Of CPower ⚡️
https://www.youtube.com/
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New on The Current, our technology partner Auradine Sanjay Gupta takes the pen to share how the flexibility of #Bitcoin #crypto #mining makes them candidates for near real-time responsiveness for #VirtualPowerPlants #demandresponse participation plus how innovation is helping more miners to identify as energy companies. Read the guest post here: https://ow.ly/zG4x50SuQKP #Bitcoin #DERs #VPPs #DemandResponse #DistributedEnergyResources
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How do #virtualpowerplants including #demandresponse work? As many head to the skies for summer travel, let’s compare an overbooked flight with a peak in energy demand. When a flight gets overbooked, it’s more efficient for the airline to pay passengers to voluntarily give up their seats than to add a flight. Similarly, grid operators can meet demand peaks by paying energy users to reduce electricity consumption during high-demand periods, rather than firing up new fossil-fueled peaker plants. Both strategies balance supply and demand while benefiting customers. Learn more about how your organization can earn revenue for helping the grid: https://lnkd.in/gAtYXMPK
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Our CEO Michael Smith sat down with John Engel of Renewable Energy World’s Factor This! Podcast to discuss all things #VirtualPowerPlants, including their evolution from old school #demandresponse, importance in ensuring power reliability in times of grid stress, cost-savings projections and untapped market segments. 👇 Listen in for why now is the inflection point to create even more VPPs at “breakneck speed.” #VPP #energytransition #DER #distributedenergyresources
Episode 79 of the Factor This! podcast features Michael Smith, CEO of the leading C&I virtual power plant provider CPower, who breaks down the technology behind VPPs, where the industry stands today, and the critical markets no one is looking at. Tap to listen 🎙️ https://ow.ly/7fkA50Srl3v