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Major storm in Texas: Over 1 million people without Power

Major storms in Houston leaving over 1 million people without power   Severe thunderstorms have wreaked havoc in southeastern Texas, particularly in Houston, causing significant disruptions to the power grid. These storms, which produced hurricane-force winds, have led to widespread power outages, structural damages, and a state of alert in ERCOT. Widespread Power Outages: Nearly […]

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AI applications and importance in the energy sector

The importance and applications of AI in the energy sector Arcus Power’s product offering strategy targets three key market participants: generators and utilities, C&I customers, and power market traders. By leveraging Arcus Power’s technology, these stakeholders can optimize their revenue streams, minimize operational costs, and significantly reduce their carbon footprint. Arcus Power is well-positioned to

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A field of large industrial battery storage systems with labels such as Energy Storage Syetems and Hazard warning signs is set in a well kept grass

Battery Energy Storage Systems-The Eclipse-Proof Solution

BESS: The Superhero of Solar Eclipse on April 8th By now, everyone knows the importance of renewable energy sources in our grid. We’ve seen many instances where renewable energy like wind and solar has helped maintain a stable grid. Particularly, the solar power industry in Texas has seen remarkable growth. By last year, Texas had

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5 Reasons Why Load Forecasting Is Important.

5 Reasons Why Load Forecasting Is Important Load forecasting is key to managing power systems, as it helps match electricity supply with consumer demand efficiently and sustainably. It essentially predicts future electricity needs, allowing utilities and grid operators to wisely plan for power generation, transmission, asset management, and distribution. This insight is essential for grid

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Smart Grid Characteristic: Optimizing Asset Utilization

Smart Grid Characteritic: Optimizing Asset Utilization In today’s grid, systems that can understand and optimize real-time asset utilization are typically unavailable, particularly in the distribution grid. Even when necessary information is available, the ability to adjust individual asset loadings is limited due to the relatively low penetration of distribution automation and demand response. In the

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Ontario Global Adjustment program

What is Global Adjustment and how is it calculated?

What is Global Adjustment and how is it calculated? What is Global Adjustment and how is it calculated? Global Adjustment (GA) is a critical component in the electricity markets, especially within Ontario, Canada. It represents a component designed to cover the costs associated with generating electricity and maintaining a reliable and sustainable electricity supply. Global

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Press Release- Arcus Power partners with Enel North America for energy cost management solutions

Arcus Power partners with Enel North America for Advanced Energy Management Solutions PRESS RELEASE Calgary, AB. – February 22, 2024 – Arcus Power, an energy intelligence company, has partnered with Enel North America, part of global demand response leader Enel, for advanced, holistic energy cost management solutions. Enel will integrate Arcus’ Pwrstream tool into its

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The True Cost Of Bitcoin Mining: Cryptomining And Price Forecasting

The True Cost Of Bitcoin Mining: Cryptomining And Price Forecasting

The True Cost Of Bitcoin Mining Operations: Price Forecasting and Demand Response As the crypto-mining industry grew, it needed more computing power. In 2023, the annual global electricity consumption of Bitcoin mining was approximately 121.13 terawatt-hours. This need puts a lot of pressure on our energy resources, causing problems for the stability of our power grids. Crypto-mining

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What happened in Alberta due to extreme weather conditions?

What happened to Alberta due to the extreme weather conditions in 2024?

What happened in Alberta due to extreme weather conditions? Overview We hope you all had a safe and warm weekend despite the extreme weather alert that was in effect. The Arcus team, including our Power Market and AI experts, had their analytical lens on and put our optimized price and CPD model to use as

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