Optimizing Power Solutions
Never before have corporations been allowed the flexibility to reduce their carbon footprint either through direct invesment, power purchase agreements or utility sponsored programs. New Version Energy evaluates clients' commercial options and develops renewable strategies that maximize reliable renewable power supply while minimizing emissions and intermittency.
The power markets have experienced more upheaval and change in the last 3 years than since the introduction of deregulation. On the generation side renewables have replaced coal in many regions, spurred by incentives and the desire to reduce the carbon footprint of operations.
On top of the changing generation stack, data center demand growth associated with AI has exponentially increased demand for renewable energy solutions, based on that sector's commitment to Net Zero goals. The congested and delayed RTO transmission queues make adapting your power supply even more difficult.
New Version Energy develops renewable energy solutions in solar pv, wind and battery storage that allow clients to expand its power supply options beyond limited utility generated solutions, creating a Hybrid Power Supply portfolio that is reliable and better for the environment.
Offshore Wind is poised for exponential growth in the US with Northeastern Atlantic project construction underway. NVE combines knowledge and networks in wind generation development and the evolving transmission grid to help companies prepare for the introduction of a large intermittent power supply into high demand market regions with declining baseload (coal) generation.
NVE's experience in traditional oil & gas operations and commercial power supply adds value to those companies leaning into emission reductions. Firms benefit from our understanding of power project development and renewable power supply as more embrace electrification and offset carbon from existing operations.