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Renewable Energy Profits to Leap

With Tres Amigas in Clovis, NM, soon the US three power grids will be connected
With Tres Amigas in Clovis, NM, soon the US three power grids will be connected
ScienceNews Radio Nerwork file photo

Suppliers of renewable energy see a higher financial future coming when they meet at IEEE Greentech conference in Texas

DALLAS (March 24, 2014) – When renewable energy suppliers meet at the IEEE Greentech conference in Corpus Christi April 3-4 it will be with the promise and knowhow of a healthy increase in revenues and business opportunities.

The bright spot is the Tres Amigas project [a clever reference to Three Girlfriends], eagerly anticipated for several years and now finally seeing groundbreaking this summer in Clovis, New Mexico. The project will bring together this nation’s three electrical grids [Texas, the Eastern and Western]. This is a break for electric companies looking for ways to slow the demand for building new power plants, since they will no longer need to individually burn excess energy reserves at current rates.

But a huge break will come to power suppliers—solar, wind farms, and the like. “What’s going to drive it is the differentials between these three grids,” says David Stidham, senior VP and chief operations officer at Tres Amigas. “At any one time the price of electricity varies considerably, dependent upon demand, surplus and supply, which is tied to fuel costs.” Renewable energy sources “such as a wind farm that is generating power can watch and sell to where the power is needed most,” says Stidham.

Stidham spoke by phone from his office in Texas as a guest on the ScienceNews Radio Network program, the Promise of Tomorrow with Colonel Mason, . The program originates in Dallas, Texas, and is then heard Webcast and archived for its world audience.

On the program, Stidham stressed that security at Tres Amigas installations will be paramount. Such security at power installations everywhere will be thoroughly studied when renewable energy leaders meet at the sixth annual IEEE Green Tech Conference April 3-4, with student competition on the 5th, in Corpus Christi, Texas. A keynote speaker on opening day is Phrantceena Halres, CEO of Total Protection Services Global, on the subject Green Vulnerabilities and Avoiding Disaster.

The conference is sponsored by IEEE USA, IEEE Region 5, and IEEE Corpus Christi Section. The purpose of the Conference is to present unpublished, original papers on the fields of Green Technology with presentations, workshops, and invited talks in related fields. The public is urged to attend, register

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