SAN DIEGO, Dec. 5, 2018 /PRNewswire/ -- PXiSE Energy
Solutions, LLC, a unit of Sempra Energy (NYSE: SRE), today
announced it has been selected by Horizon Power to install PXiSE's
Active Control Technology (ACT) as the distributed energy resources
management system (DERMS) in Western
Australia.
PXiSE's DERMS will provide the platform for Horizon Power to
manage distributed energy resources in the future across its
approximately 888,000-square-mile service area while enhancing
efficiency and maintaining reliability of its electric grid.
Financial terms of the agreement were not disclosed.
"Horizon Power has a great vision for how to meet its customers'
future energy needs and we look forward to being part of it," said
Patrick T. Lee, president of PXiSE
Energy Solutions. "Our DERMS solution will give Horizon Power the
tools it needs to manage the grid as more customers install
distributed solar and storage resources."
PXiSE's DERMS will provide Horizon Power with continuous,
high-resolution visibility into the operations of the solar panels,
batteries and generators. The platform will automatically respond
to conditions on the grid by discharging power stored in batteries
to correct any real-time disturbances and ensure a smooth, two-way
flow of electricity across its systems.
"With increasing customer demand for behind the meter energy
resources, we will need innovative technology to enable us to
efficiently manage the resources while maintaining our highest
safety and reliability standards," said Terry Mohn, general manager of Advanced
Microgrid Developments for Horizon Power. "PXiSE's flexible and
comprehensive DERMS solution was selected because it offers
innovative new technology for Western
Australia that will serve as a platform to increase
renewable capacity."
The deployment of PXiSE DERMS solution will enable Horizon Power
to manage and orchestrate various distributed energy resources and
further transition to a higher percentage of renewable
resources.
The PXiSE Active Control Technology platform runs on a standard
Microsoft Windows platform and uses an imbedded OSIsoft software
and synchro-phasor data to enhance, analyze and respond to grid
data from numerous power resources. The continuous
higher-resolution visibility and artificial intelligence balances a
mix of renewable energy, storage and traditional generation on the
electrical grid.
The PXiSE software application currently controls distributed
energy resources at renewable energy projects, including
Auwahi Wind in Hawaii and in
microgrids at Sempra Energy's headquarters in San Diego and a winery in Sonoma County, California. To find out more,
visit www.pxise.com.
About Horizon Power
Horizon Power is a Western
Australian State Government-owned, commercially-focused corporation
that provides high quality, safe and reliable power to more than
48,000 customers located in regional and remote communities.
The utility's service area is vast – approximately 2.3 million
square kilometers – which means Horizon Power generates,
distributes and retails electricity to the largest service area
with the least amount of customers in the world. For every 50
square kilometers of terrain, there is just one customer.
About PXiSE
PXiSE Energy Solutions LLC., headquartered
in San Diego, is a subsidiary of
Sempra Energy and partially owned by Mitsui & Co., Ltd. Formed
in 2016, the company develops, operates and markets ACT, a
next-generation software power-grid management technology for
renewable energy developers and operators, grid operators,
commercial property owners and microgrids. To find out more, visit
www.pxise.com.
This press release contains statements that are not
historical fact and constitute forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These statements can be identified by words such as
"believes," "expects," "anticipates," "plans," "estimates,"
"projects," "forecasts," "contemplates," "assumes," "depends,"
"should," "could," "would," "will," "confident," "may," "can,"
"potential," "possible," "proposed," "target," "pursue," "outlook,"
"maintain," or similar expressions or when we discuss our
guidance, strategy, plans, goals, vision, opportunities,
projections, initiatives, objectives or intentions. Forward-looking
statements are not guarantees of performance. They involve risks,
uncertainties and assumptions. Future results may differ materially
from those expressed in the forward-looking statements.
Factors, among others, that could cause our actual results
and future actions to differ materially from those described in any
forward-looking statements include risks and uncertainties relating
to: actions and the timing of actions, including decisions, new
regulations, and issuances of permits and other authorizations by
the California Public Utilities Commission, U.S. Department of
Energy, California Department of Conservation's Division of Oil,
Gas, and Geothermal Resources, Federal Energy Regulatory
Commission, U.S. Environmental Protection Agency, Pipeline and
Hazardous Materials Safety Administration, Los Angeles County
Department of Public Health, Public Utility Commission
of Texas, states, cities and counties, and other regulatory
and governmental bodies in the U.S. and other countries in which we
operate; the timing and success of business development efforts,
major acquisitions such as our interest in Oncor, and construction
projects, including risks in (i) timely obtaining or maintaining
permits and other authorizations, (ii) completing construction
projects on schedule and on budget, (iii) obtaining the consent and
participation of partners and counterparties and their ability to
fulfill contractual commitments, and (iv) not realizing anticipated
benefits; the resolution of civil and criminal litigation and
regulatory investigations; deviations from regulatory precedent or
practice that result in a reallocation of benefits or burdens among
shareholders and ratepayers; denial of approvals of proposed
settlements; and delays in, or disallowance or denial of,
regulatory agency authorizations to recover costs in rates from
customers or regulatory agency approval for projects required to
enhance safety and reliability; and moves to reduce or eliminate
reliance on natural gas; the greater degree and prevalence of
wildfires in California in recent
years and risk that we may be found liable for damages regardless
of fault, such as where inverse condemnation applies, and risk that
we may not be able to recover any such costs in rates from
customers in California; the
availability of electric power and natural gas and natural gas
storage capacity, including disruptions caused by failures in the
transmission grid, limitations on the withdrawal or injection of
natural gas from or into storage facilities, and equipment
failures; risks posed by actions of third parties who control the
operations of our investments; weather conditions, natural
disasters, accidents, equipment failures, computer system outages,
explosions, terrorist attacks and other events that disrupt our
operations, damage our facilities and systems, cause the release of
harmful materials, cause wildfires and subject us to third-party
liability for property damage or personal injuries, fines and
penalties, some of which may not be covered by insurance (including
costs in excess of applicable policy limits), may be disputed by
insurers or may otherwise not be recoverable through regulatory
mechanisms or may impact our ability to obtain satisfactory levels
of affordable insurance; cybersecurity threats to the energy grid,
storage and pipeline infrastructure, the information and systems
used to operate our businesses and the confidentiality of our
proprietary information and the personal information of our
customers and employees; our ability to successfully execute our
plan to divest certain non-utility assets within the anticipated
timeframe, if at all, or that such plan may not yield the
anticipated benefits; actions of activist shareholders, which could
impact the market price of our equity and debt securities and
disrupt our operations as a result of, among other things,
requiring significant time and attention by management and our
board of directors; changes in capital markets, energy markets and
economic conditions, including the availability of credit and the
liquidity of our investments; and volatility in inflation, interest
and currency exchange rates and commodity prices and our ability to
effectively hedge the risk of such volatility; the impact of recent
federal tax reform and uncertainty as to how it may be applied, and
our ability to mitigate adverse impacts; actions by credit rating
agencies to downgrade our credit ratings or those of our
subsidiaries or to place those ratings on negative outlook and our
ability to borrow at favorable interest rates; changes in foreign
and domestic trade policies and laws, including border tariffs, and
revisions to or replacement of international trade agreements, such
as the North American Free Trade Agreement, that may increase our
costs or impair our ability to resolve trade disputes; the ability
to win competitively bid infrastructure projects against a number
of strong and aggressive competitors; expropriation of assets by
foreign governments and title and other property disputes; the
impact on reliability of San Diego Gas & Electric's (SDG&E)
electric transmission and distribution system due to increased
amount and variability of power supply from renewable energy
sources; the impact on competitive customer rates due to the growth
in distributed and local power generation and from possible
departing retail load resulting from customers transferring to
Direct Access and Community Choice Aggregation or other forms of
distributed and local power generation and the potential risk of
nonrecovery for stranded assets and contractual obligations; Oncor
Electric Delivery Company LLC's (Oncor) ability to eliminate or
reduce its quarterly dividends due to regulatory capital
requirements and commitments, or the determination by Oncor's
independent directors or a minority member director to retain such
amounts to meet future requirements; and other uncertainties, some
of which may be difficult to predict and are beyond our
control.
These risks and uncertainties are further discussed in the
reports that Sempra Energy has filed with the U.S. Securities and
Exchange Commission (SEC). These reports are available through the
EDGAR system free-of-charge on the SEC's website, www.sec.gov.
Investors should not rely unduly on any forward-looking statements.
These forward-looking statements speak only as of the date hereof,
and the company undertakes no obligation to update or revise these
forecasts or projections or other forward-looking statements,
whether as a result of new information, future events or
otherwise.
Sempra South American Utilities, Sempra North American
Infrastructure, Sempra LNG & Midstream, Sempra Renewables,
Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery
Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de
C.V. (IEnova) are not the same companies as
the California utilities, San Diego Gas & Electric
Company (SDG&E) or Southern California Gas Company (SoCalGas),
and Sempra South American Utilities, Sempra North American
Infrastructure, Sempra LNG & Midstream, Sempra Renewables,
Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not
regulated by the California Public Utilities Commission.
Media
Contact:
|
Paty Ortega
Mitchell
|
|
Sempra
Renewables
|
|
877-855-7887
|
|
press@sempraglobal.com
|
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SOURCE PXiSE Energy Solutions, LLC