Tres Amigas, LLC, the company focused on uniting America’s three power grids, announced the selection of Viridity Energy, Inc. to design, build and operate a power trading platform.
Viridity Energy will provide the network and commercial operations necessary for the sale and delivery of Tres Amigas’s transmission services, associated electric energy transfers, and other ancillary products and services.
Viridity Energy provides advanced network operating services to micro-grid systems in Eastern and Western regional power markets. Viridity supplies the system optimization and services that are required to integrate distributed energy resources, storage, and controllable load and generation into reliable resources on the power grid.
As a merchant facility, the Tres Amigas SuperStation will for the first time enable the transfer of thousands of megawatts of power among presently asynchronous regions of the national grid–the Eastern Interconnection, Western Interconnection and the Texas Interconnection.
The SuperStation will be a renewable energy market hub and balancing authority, helping to ensure the efficient and reliable flow of power from multiple renewable generation sources in all three power regions to customers across the U.S., Canada and Mexico. In March 2010, the Federal Energy Regulatory Commission authorized Tres Amigas to sell transmission services at negotiated rates.
Viridity’s VPower™ platform enables customers to shift and balance energy load and integrate advanced energy technologies. The company is headquartered in Conshohocken, Pennsylvania.
In July 2009, Siemens (NYSE: SI) and Viridity Energy entered into a strategic relationship to provide virtual power plant functionality on campus environments and to other large users of electricity.
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