2024: A Year of Transformation and Building for the Future Key Highlights from 2024: 2024 was a transformational year for LRE. Our milestones highlight the resilience, innovation, and dedication that define our commitment to the future of energy while delivering meaningful contributions to the communities where our projects reside. Transitioned to a multi-technology platform, integrating wind, solar, and energy storage and surpassed 4 GW of operating assets Delivered 920 MW of new capacity, secured 1.5 GW ready for commercialization in 2025, and advanced a robust 20+ GW development pipeline. Secured $2+ billion in new financing, enabling funding flexibility and accelerated project execution. Maintained an industry-leading safety record and achieved 96% net energy yield while reducing costs by 2%. Earned two prestigious honors that recognize our culture of creativity, values, collaboration, and commitment in making LRE a great place to work. - Fast Company’s Best Workplaces for Innovators 2024 - Dallas Morning News Top Workplaces DFW Positioning for 2025 and Beyond We are focused on driving to meet America’s increased energy needs through innovation, integrity, and a robust pipeline of new projects every year. Our ambitious goal of reaching 10 GW of operating assets by 2028 is underpinned by our reputation for transparency, execution certainty, and industry-leading performance. We believe diversity in U.S. energy production enhances the security of our national energy infrastructure. Equally, we remain firm in our commitment to creating value for the communities where our projects reside. This includes supporting local schools, hospitals, infrastructure projects, veterans’ programs, and providing other crucial resources while championing land stewardship. Transformative growth remains our focus. Investments in cutting-edge technology like AI-powered drone inspections, data analytics, and robotic installations will strengthen our capabilities to site smarter and build better projects. Deliberate planning, prioritization of U.S. domestic content, and local sourcing will continue to reinforce supply chains, create jobs, and drive a cleaner, more resilient national energy future. I am proud of all we have achieved this year and energized by the opportunities ahead. Thank you to the LRE Team and our partners for your hard work, innovation, and commitment. Together, we are building an American energy future with integrity, innovation, and positive impact. Wishing everyone a successful 2025! Jason Allen Chief Executive Officer
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The Grid Deployment Office | U.S. Department of Energy recently announced $4.2 billion in federal investments through the second round of Grid Resilience and Innovation Partnerships (GRIP) funding for 46 projects in 47 states plus the District of Columbia. The funding aims to protect the U.S. power grid against growing threats of extreme weather, lower costs for communities, and enable additional grid capacity to meet load growth stemming from an increase in manufacturing, data centers, and electrification. Kudos to United member companies Generac, Highland Electric Fleets, and Utilidata, whose projects were among those selected for this second round of funding: ?? Generac's "Accelerating Clean Energy Resiliency for the Grid and California Water Utilities" project, awarded $50 million, will integrate clean energy solutions with water utilities across California. More: https://lnkd.in/dBCAhy9Y ?? Highland Electric Fleets' Scaling Vehicle-to-Grid (V2G) Integration Nationally project, awarded $10.9 million, seeks to accelerate V2G adoption across the country. More: https://lnkd.in/dbTyxd9G ??Utilidata, in partnership with awardee Consumers Energy, General Motors, EPRI, and the University of Michigan Transportation Research Institute, will provide vital insights into improving grid management strategies. The research partnership, awarded $19.9 million, will accelerate technological advancements and foster new learnings that can be shared across the industry. More: https://lnkd.in/dUcQZwDx Learn more about the GRIP program and the projects selected for funding: https://lnkd.in/gU-rVXZ9
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Powering the Future: Are We Ready for the Next Wave of Energy Demand? Did you know that over 70% of the global power grid infrastructure is not equipped to handle the rapid surge in renewable energy demand? As the energy sector faces unprecedented challenges—from integrating renewables into legacy systems to ensuring climate resilience—the time to act is now. The Evolution of Energy Infrastructure: Challenges and Opportunities The power industry is at a critical crossroads. As aging grids strain under increasing loads, utilities and energy providers must embrace grid modernization strategies that prioritize reliability, sustainability, and efficiency. Key trends shaping the future of energy infrastructure include: ? Grid Modernization: Investing in digital transformation and automation to enhance real-time monitoring, predictive maintenance, and asset optimization. ?? Renewable Integration: Bridging the gap between traditional and renewable energy sources, ensuring seamless transmission and distribution without compromising stability. ?? Energized Services: Minimizing downtime through advanced live-line work techniques that keep critical infrastructure operational during maintenance and upgrades. ?? Project Management Excellence: Delivering large-scale energy projects on time and within budget requires strategic coordination, agile methodologies, and proactive risk management. ?? Climate Resilience: Strengthening infrastructure to withstand extreme weather events and ensure uninterrupted service during natural disasters and emergencies. Strategic Actions for Energy Leaders To meet these challenges head-on, energy executives and stakeholders must take decisive action: 1. Prioritize Smart Investments: Focus on technologies like AI-driven grid analytics, automation, and digital twin simulations to drive efficiency and reliability. 2. Enhance Workforce Capabilities: Empower teams with specialized training in energized services and cutting-edge project management methodologies. 3. Strengthen Emergency Response Plans: Develop robust contingency frameworks to mitigate disruptions and restore power swiftly in times of crisis. 4. Foster Industry Collaboration: Partner with stakeholders across the energy value chain to align goals, share best practices, and drive innovation. The Call to Action The energy transition is not a distant goal—it’s happening now. How is your organization preparing for the future of energy infrastructure? Let’s collaborate, share insights, and take proactive steps to power a more resilient and sustainable tomorrow. ?? Join the conversation and share your thoughts on the most pressing challenges and solutions shaping our industry. #EnergyInfrastructure #GridModernization #Transmission #Distribution #Substations #RenewableEnergy #ProjectManagement #EnergizedServices #EmergencyResponse #UtilityIndustry #Sustainability #PowerGridResilience #EnergyTransition #InfrastructureLeadership
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Empowering the Grid: Highlights from the CHARGED Inaugural Convening Report. https://lnkd.in/gpEeuwyK I very much enjoyed participating in the CHARGED Inaugural Convening in Boulder, Colorado last April. RMI, GridLab and Advanced Energy United led a collaborative, multi-stakeholder process to generate alignment on critical solutions beyond the confines of a regulatory proceeding. It's exciting to see these conversations translate into actionable strategies that will help our industry tackle electrification challenges. I am looking forward to the next Phase of CHARGED that will seek to bring stakeholders together to implement selected least regret strategies with selected states and utilities. The convening report is a great resource now online that effectively captures the insightful discussions and recommendations that emerged from in-depth sessions across five key topic areas: ??distribution system planning ??rates and incentives ??targeted and integrated deployment ??grid connection ??distribution operations Here, are just a few of the recommendations and least-regrets strategies in the report. 1. Flexible Interconnections for Accelerated Deployment Static Flexible Interconnection employs load management technologies to reduce system impact and thus the need for costly upgrades. This approach lowers interconnection costs and shortens connection timelines. Additionally, we explored a more Dynamic Flexible Hybrid Grid Connection approach, which could offer further cost reductions by dynamically adjusting DER output based on grid conditions. 2. Dynamic Rates for Equitable Electrification Incorporating load flexibility into rate structures, utilities can better balance the grid while minimizing cost-shifting impacts on lower-income customers. Participants underscored the value of opt-out Time-of-Use (TOU) rates for residential and small business customers as a foundational step toward incentivizing more grid-friendly consumption patterns. 3. Co-Deployment and Cross-Sector Collaboration Effective electrification requires breaking down silos, not just within utility organizations but also in how programs are designed. One key takeaway was the need for improved utility department coordination to better co-deploy electrification efforts with efficiency and load management initiatives. This will ensure targeted investments and align the incentives across both sectors. 4. Proactive Grid Planning and Least-Regrets Investments To scale electrification sustainably, proactive upgrades paired with flexibility-first planning were identified as a least-regrets strategy. By investing in foundational elements like improved geographic information systems (GIS) and coordination between planning and operations, we can meet electrification targets without overbuilding costly infrastructure. Priya Sreedharan, PhD, PE, Fredrich Kahrl, Cara Goldenberg, Rachel Gold, Ben Shapiro, Alex Walmsley, Ric O'Connell
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?? DOE’s $100M Carbon Capture and $32M Grid Edge Investment Boosts U.S. Energy Transition The U.S. Department of Energy (DOE) has announced $132 million in funding to accelerate clean energy and grid resilience. This includes $100 million for innovative carbon capture and conversion technologies, transforming emissions into valuable products, and $32 million for advanced grid-edge projects to enhance energy efficiency and manage rising demand. The initiatives, backed by the Bipartisan Infrastructure Law, aim to drive sustainability and resilience, from developing carbon-derived products to piloting smart EV charging and energy storage systems. These investments mark a significant step toward a flexible, sustainable energy future. There's no better time to take control of your carbon emissions! Start measuring and managing your impact today. Contact us now to kickstart your sustainability journey! #sustainability #carbonreduction #netzero #ecosourcinghub https://lnkd.in/ekjy5FQB
DOE’s $100M Carbon Capture and $32M Grid Edge Investment Boosts U.S. Energy Transition
carboncredits.com
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Unlocking the Power of the Grid! The Department of Energy is not just talking about it; they're laying out the blueprint for it. In their new report, they're shining a spotlight on the game-changing potential of innovative grid deployment technologies - from Dynamic Line Rating to Distributed Energy Resource Management. Imagine the impact on renewables if there was increased grid capacity. This isn't just some far-off fantasy - it's a reality just around the corner. The report details strategic investments that will unlock these limitless possibilities. This is not a solo journey. Collaboration is key - sharing industry evidence, aligning economic models, and refining planning. Each step is a stride towards a more sustainable energy future and the DOE is taking the lead, investing in the technology that will make the dream a reality. It's not a question of if - it's when. The report is a clarion call, urging us to rally around these advanced grid solutions. So why not join the movement? Let's build a brighter, more sustainable future together. https://lnkd.in/g-Z-aV3Y
DOE Releases New Report on Accelerating Deployment of Grid Solutions to Lower Costs and Improve Reliability
energy.gov
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???????????????? ???????? ???? ?????? ???????????? ????????????! The Biden-Harris Administration has announced up to $3.9 billion in funding through the second round of the ???????? ???????????????????? ?????? ???????????????????? ???????????????????????? (????????) ?????????????? for FY 2024 and 2025. This initiative aims to ???????????????????? ???????? resilience and promote innovation in energy infrastructure by leveraging both ?????????????? ?????????????? and ?????????????? ???????????? ??????????????. According to Brandessence? Market Research , the Smart Grid Technology Market is projected to grow at a remarkable????????? ???? 20%+. This funding will play a critical role in modernizing the ???????????? ????????, integrating ????????????????????, and ?????????????????? ???????????? efficiency across the U.S. With significant opportunities for advancements in grid management, energy storage, and digital solutions, now is the time for companies and innovators to seize this momentum and contribute to a more sustainable and resilient energy future.? #SmartGrid #EnergyInnovation #Sustainability #RenewableEnergy #GridResilience #EnergyStorage #Innovation #GRIPProgram #CleanEnergy #EnergyTransition #TechInnovation #GridModernization #SustainableFuture #EnergyEfficiency #SmartInfrastructure #FederalFunding #EnergyRevolution #FutureOfEnergy #DigitalTransformation #RenewableTec #ClimateAction #GridTech #SmartEnergy #MarketGrowth #TechTransformation
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The energy landscape is rapidly evolving, and the Power & Utilities sector is leading the charge. EY’s Stephanie Chesnick, Ryan M. Levine, and Jeff Miller share key themes shaping the sector, from balancing demand with clean energy aspirations to leveraging technology for optimization. Check out the full article below.
Four Themes Empowering Utilities in 2025
fortnightly.com
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?? Powering Up the UK's Clean Energy Future UK energy sector =>? The government has just launched the Mission Control for Clean Power 2030 initiative, a bold step towards a fossil fuel-free future. ?? ?? Leadership Spotlight: The initiative will be spearheaded by Chris Stark, CEO of Climate Trust and former Chief Executive of the Climate Change Committee. Chris brings a wealth of experience in climate policy and energy innovation. ?? Mission Control Objectives: Collaborative Hub: Bringing together top industry experts and officials to drive energy projects. Key Partnerships: Working with Ofgem, National Grid, and the Electricity System Operator to fast-track new power infrastructure. Clean, Affordable Energy: Aiming to provide cleaner and cheaper power for homes and businesses. ?? Key Focus Areas: Strategic Oversight: Setting and tracking the approach to the 2030 clean power goals. Real-time Monitoring: Keeping a close eye on critical infrastructure projects. Innovation Center: Fostering expert discussions and innovative solutions. Coordination: Ensuring seamless collaboration across government and industry. ?? Words from the Leaders: Ed Miliband, Energy Security and Net Zero Secretary: "This new Mission Control centre will have a laser-like focus on delivering our mission of clean power by 2030." Chris Stark, Mission Control Head: "By taking action now, we can put the UK at the forefront of the global race to net zero, cutting emissions and bills for households." ?? I would suggest a few questions for your next Board meeting as a Non-Executive Director or Advisory Member: 1 - How does our organization plan to collaborate with government initiatives like Mission Control for Clean Power 2030? 2 - What are the biggest challenges we foresee in transitioning to clean energy, and how are we preparing to address them? 3 - How can our company contribute to real-time monitoring and innovation in the UK's clean power infrastructure projects?
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Country: UK ???? Britain’s National Grid ESO is leading the development of a #digitaltwin-focussed #energy system #data sharing #infrastructure as part of its ‘Virtual Energy System’ programme. #SmartGrid #SmartEnergy #DataAnalytics #Innovation #DigitalTransformation #Construction #BuiltEnvironment #Technology #SmartCity #AssetManagement #DigitalTwin #SmartBuilding #GDTF Follow us ?? for the latest #DigitalTwin Developments from across the Globe!
National Grid ESO advances digital twin data infrastructure in GB
https://www.smart-energy.com
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?? From Risk to Opportunity: The Critical Role of Policy in Power Transmission? In the evolving landscape of renewable energy, one element remains critical yet often overlooked—wires. As we transition to a clean energy future, the infrastructure that transports electricity from generation sites to end users becomes increasingly vital. Recently, I came across a thought-provoking article from Breakthrough Energy titled "Policies to Enable Better Wires." The piece explores the intricate relationship between policy frameworks and the development of efficient, reliable, and scalable power transmission systems. ?? Why This Matters: For anyone involved in energy, infrastructure, or risk management, the message is clear: we need better policies. The article highlights the bottlenecks currently hindering the expansion of transmission networks, from regulatory delays to the lack of cohesive strategies across states and regions. But beyond these challenges lies a silver lining—the opportunity to reshape our energy future through proactive policy measures. ?? Risk Management Perspective: As a Risk Manager, I often encounter the balancing act between innovation and reliability. The risks associated with inadequate transmission infrastructure are not just technical but systemic. Without robust and forward-thinking policies, we risk underutilizing renewable energy potential, facing prolonged project delays, and ultimately failing to meet our climate goals. However, managing these risks isn't solely about mitigating potential losses—it's about seizing opportunities. By advocating for policies that support the rapid deployment of transmission lines, we can reduce bottlenecks, lower costs, and accelerate the integration of renewable energy into our grids. ?? A Call to Action: To my network—whether you're in energy, construction, policy-making, or simply interested in the future of our planet—this is a call to engage. Understanding the role of policy in infrastructure development isn't just for the experts. It's about recognizing that our collective action today shapes the sustainability of tomorrow. ?? A big thank you to the team at Breakthrough Energy for shedding light on this critical issue. Your insights are paving the way for a future where clean energy can truly thrive, supported by the infrastructure it deserves. Let's continue this conversation—because when it comes to building a sustainable future, we're all stakeholders. #RiskManagement #CleanEnergy #Sustainability #Infrastructure #Policy #RenewableEnergy #PowerGrid https://lnkd.in/dCS6akTz
Policies to Enable Better Wires | Breakthrough Energy
breakthroughenergy.org
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Managing Director at Bazefield Americas / Executive MBA
1 个月Renewables - Bazefield have been honored to take part in Leeward Renewable Energy, LLC digitalization to a multi-technology platform and are looking forward to collaborate to further enhance Leeward Renewable Energy, LLC operation. Cheers to more operational wins in 2025 and throughout.