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Tantalus Systems Holding Inc T.GRID

Alternate Symbol(s):  TGMPF

Tantalus Systems Holding Inc. is a technology company. The Company’s segments include Connected Devices, and Software. The Company offers a grid modernization platform across multiple levels: intelligent connected devices, communications networks, data management, enterprise applications and analytics. It enables utilities to modernize their distribution grids through the Tantalus Grid Modernization Platform (TGMP), which delivers visibility, command and control across a utility’s operations and provides a secure, flexible and affordable path forward. TGMP is a technology architecture designed to deliver true data interoperability across new and existing devices, systems and vendors. TGMP offers a flexible approach to providing utilities with autonomy and control of their grid modernization journey. The Company’s solutions include TRUConnect AMI, TRUFlex Load+DER Management, TRUGrid Automation, TRUSync Grid Data Management, and TRUSense Gateway.


TSX:GRID - Post by User

Post by ARIMA11on Feb 28, 2023 6:32am
244 Views
Post# 35308840

Interesting

Interesting
https://wolfstreet.com/2023/02/28/u-s-electricity-generation-by-source-in-2022-natural-gas-coal-nuclear-wind-hydro-solar-geothermal-biomass-petroleum/

Additions: 56.1 GW in total of new utility-scale electric-generating capacity is scheduled to be added to the power grid in 2023, the most since 2002, according to the EIA, for a net gain in capacity of 41.6 GW, the largest gains since 2003.
 
Of the 56.1 GW in capacity additions in 2023:
 
Solar: 29 GW
Natural gas: 7.8 GW
Wind: 7.5 GW
Nuclear: 2.2 GM (the two reactors at Vogtle plant in Georgia).
Battery storage: 9.5 GW, more than doubling the existing capacity of 8.8 GW! About three-quarters of the additions will be in Texas and California.

Battery storage isn’t a power generator per se, of course. But given its function of selling electricity when demand and prices are high (after buying when they’re low), it’s for now classified as power generation capacity. Maybe when it grows up, it will have its own category.
 
Battery storage has turned into a hot arbitrage opportunity, where storage facilities can buy electricity on the wholesale market when it’s cheap during times of the day with excess capacity, and sell it during the hours of peak pricing. Batteries help balance out loads and and work well in conjunction with wind and solar installations. They’re now turning into a big business opportunity.
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