Swell Energy

A new report from the The American Council for an Energy-Efficient Economy (ACEEE) highlights a significant opportunity for Americans: a net savings of $96 billion over the coming decades by electrifying their homes. However, these savings are only achievable if policymakers ensure that lower-income households are not left behind. At Swell Energy, we recognize that Virtual Power Plants (VPPs) play a crucial role in making electrification more affordable and accessible for everyone. Our commitment to partnerships and programs aims to empower all energy customers, including those in low-income and underserved communities, to participate in the transition to clean energy. This report underscores the importance of equitable electrification, which not only reduces energy costs but also mitigates the health impacts of air pollution and climate change. The societal benefits of this transition are immense. By 2050, we could see $2 trillion in savings due to the avoided social and health costs of burning fossil fuels. At Swell Energy, we are dedicated to creating a sustainable and inclusive energy future. Let's work together to ensure that all households can benefit from the clean energy revolution. Read the full ACEEE report here: https://lnkd.in/en_Z8jRS #CleanEnergy #Electrification #Sustainability #VirtualPowerPlants #EnergyEquity

A new report from the The American Council for an Energy-Efficient Economy (ACEEE) highlights a significant opportunity for Americans: a net savings of $96 billion over the coming decades by electrifying their homes. However, these savings are only achievable if policymakers ensure that lower-income households are not left behind. At Swell Energy, we recognize that Virtual Power Plants (VPPs) play a crucial role in making electrification more affordable and accessible for everyone. Our commitment to partnerships and programs aims to empower all energy customers, including those in low-income and underserved communities, to participate in the transition to clean energy. This report underscores the importance of equitable electrification, which not only reduces energy costs but also mitigates the health impacts of air pollution and climate change. The societal benefits of this transition are immense. By 2050, we could see $2 trillion in savings due to the avoided social and health costs of burning fossil fuels. At Swell Energy, we are dedicated to creating a sustainable and inclusive energy future. Let's work together to ensure that all households can benefit from the clean energy revolution. Read the full ACEEE report here: https://lnkd.in/en_Z8jRS #CleanEnergy #Electrification #Sustainability #VirtualPowerPlants #EnergyEquity

Thank you, Mary Tobin, EIT, WELL AP and RMI VP3, for highlighting key #VPP design elements and featuring multiple active VPPs that Swell Energy is developing with SMUD and Hawaiian Electric in the first #RMI VPP Flipbook. This resource is invaluable for utilities and policy makers looking to meet current and future energy needs while enabling customers to participate in and benefit from building the resilient grid of the future. A big thanks to everyone who contributed to demonstrating the capabilities and diversity of VPPs, including Swell team members, Sarah Minczeski Delisle and Jon Fortune. #FutureOfEnergy #SmartGrid #GridResilience

Swell is pleased to participate in the Evercore Clean Energy & Transition Tech Summit today with Michael Ruehlman, Swell's Head of Financial Services, presenting alongside Robert Gaudette from NRG Energy, Arch Rao from Span, Patrick Jobin from Sunrun on the panel: "The Home of the Future: Electrified!" #EvercoreCleanEnergy2024

In Q1 2024, the US experienced a historic surge in solar manufacturing, bringing our total installed capacity to an impressive 200 GW. A record-setting 11 gigawatts (GW) of new solar module manufacturing capacity came online in the United States during Q1 2024, the largest quarter of solar manufacturing growth in American history. At Swell Energy, we're excited to be part of this journey to accelerate electrification along with Solar Energy Industries Association and Wood Mackenzie.

🌍🔋 A recent Morningstar DBRS report underscores the financial benefits that Virtual Power Plants (VPPs) bring to utilities. It's encouraging to see a reputable financial analyst recognize how VPPs enhance grid efficiency and can improve utility credit ratings. Key highlights from the report include: - Revolutionizing the Industry:  VPPs are revolutionizing the utility industry by integrating renewable energy, improving grid stability and operational efficiency, and leading to better financial health and credit prospects for utilities. - Rapid Growth: VPPs, integrating diverse DERs, are growing rapidly, driven by increased renewable energy use and advanced technology. - Enhanced Grid Stability: VPPs boost grid stability, affordability, and sustainability by optimizing DER use and supporting renewable integration.  - Diverse Participation: Utilities can participate in VPPs in different ways to improve grid efficiency, integrate renewable energy, add capacity, and financial stability, which will have a positive impact on utilities’ credit profiles. As a company that works closely with a variety of utilities we've observed firsthand the positive impact of their creditworthiness from a different perspective, as it helps enhance the consumer financial products tied to DER deployment. This Morning Star report takes us full circle, and helps us see financial advantages of VPPs having a symbiotic relationship that reaches many stakeholders in the ecosystem. At Swell, we are committed to advancing this technology, ensuring that utilities and consumers alike reap the benefits of a more resilient and sustainable energy future. https://lnkd.in/eAe_dK8a? #EnergyTransformation #VPP #RenewableEnergy #UtilitySector #MorningstarDBRS #FinancialStability #Sustainability

As climate change leads to more severe and unpredictable weather across the U.S., ensuring reliable electricity is crucial, particularly for rural communities and areas prone to power outages. For first responders in these areas, ensuring a dependable power source is essential. Thanks to the efforts of Swell’s Commercial and Industrial team, several fire departments in Mono County, California— including those in Lee Vining, Mono City, and Mammoth Lakes—received Tesla battery systems. These systems ensure that operations can continue even during frequent blackouts. Discover more about how these batteries keep the lights on at fire stations in these windy, outage-prone areas by reading our blog post. Learn About Our Solutions for Commercial Needs - https://lnkd.in/gkXePkCJ

Thanks Wood Mackenzie Power & Renewables for analyzing and reporting on the record-breaking growth in the U.S. energy storage market. Through Q1 2024, deployments reached 8.7 GW and achieved a 90% year-over-year increase, with significant contributions from California and Texas. Key Highlights: Grid-Scale Storage: Nearly 4 GW were installed in Q4 2023 alone, shattering previous records. Residential Storage: Achieved a new quarterly high with 218.5 MW deployed, underscoring robust consumer uptake of #batteries. Price Trends: Significant declines in lithium battery cell prices are making batteries and electric vehicles more accessible. The surge in energy storage not only bolsters grid resilience but also paves the way for the proliferation of virtual power plants. Swell Energy is proud of our work to deploy energy storage while creating new value for customers and utilities through a variety of VPPs and different grid service models. Read more here: https://lnkd.in/gfXJQ6w6 #EnergyStorage #RenewableEnergy #Sustainability #CleanTech #WoodMackenzie

Congratulations to our partner, SMUD, on being named a 2024 Smart Electric Power Alliance Energy Equity Power Player of the Year!🏆 At Swell Energy, we're passionate about fostering renewable energy accessibility, and partnering with forward-thinking utilities like SMUD aligns perfectly with our mission. Together, we're working towards a more inclusive energy future and will continue to power positive change with our partners and stakeholders. For a list of finalists and winners, please visit: https://lnkd.in/g4-VMD7U #SMUD #SEPA #SwellEnergy

🌞🔋 Swell Energy Celebrates Earth Month: 🌍 As Earth Month spotlights efforts to protect our planet and combat climate change, Swell Energy stands at the forefront of sustainable energy solutions. Closing out Earth Month 2024, we highlight the transformative power of solar energy and batteries in our collective mission to reduce CO2 emissions and build a resilient energy future. At Swell Energy, we're committed to optimizing energy systems with battery technology and Virtual Power Plants that aggregate Distributed Energy Resources to address utility and grid needs without the need for new carbon based infrastructure. Join us this month to celebrate our planet and take action to protect it by helping our mission to expand access and better integrate solar and energy storage. Learn more about our initiatives and partnerships driving positive change for homeowners, businesses, and communities. Together, let's build a brighter, greener future for all. Read more on the Swell Energy Blog. #EarthMonth #Sustainability #SolarPower #EnergyStorage #SwellEnergy