Welcome!

News Feed Item

Paniolo Power Company to Issue a Pumped-Storage Hydro Request for Qualifications

KAMUELA, Hawaii, July 31, 2014 /PRNewswire/ -- Paniolo Power Company, LLC, a subsidiary of Parker Ranch, Inc., has announced plans for a Request for Qualifications (RFQ) from engineering, procurement and construction (EPC) providers for a pumped-storage hydroelectric (PSH) system on Parker Ranch lands. The RFQ process will open in September. 

This Request for Qualifications is the first potential project to emerge from the utility-grade integrated resource plan (IRP) initiated by Parker Ranch in 2013 and currently under development by a three-party consortium led by Siemens. The IRP is evaluating the merits of an innovative community-based energy solution for Greater Waimea and the Kohala Region as well as large-scale energy resources to possibly benefit the entire island of Hawaii. 

The primary objective of Parker Ranch's IRP is to identify strategies to lower electricity rates for consumers and significantly increase the percentage of renewable energy in the generation mix.  The energy planning effort with the Siemens-led consortium commenced in September 2013, eight months before the Public Utilities Commission (PUC) rejected all three of the Hawaiian Electric Companies' IRPs on April 28, 2014.

"We are nearing the completion of our IRP with Siemens," said Neil "Dutch" Kuyper, CEO of Parker Ranch. "What we're seeing is that hydro energy storage is a valuable contributor in many scenarios.  The major capital expenditures associated with PSH, such as reservoirs and penstocks, can have useful lives of 100 years.  The practice of running expensive oil-fired generators and curtailing renewable energy seems unfriendly to both ratepayers and the environment.  Investing in assets that are capable of storing intermittent or otherwise curtailed forms of energy should be more beneficial to consumers and our air quality.  It also seems more rational than spending costly capital on other types of utility assets, such as grid improvements or retrofitting fossil-fuel generation, given the amount of renewable energy curtailment apparently occurring."

"While we are currently focused on the concept of a community microgrid for Waimea and Kohala, we are evaluating concepts on multiple levels, from a community-wide solution to large-scale strategies which could benefit the entire island," said Kuyper.

Paniolo Power wants to quantify the capital costs and identify design requirements associated with a wide range of potential hydro-energy storage solutions, from 10-megawatts (MW) to as high as 200-MW.

"We believe that the best way to explore the merits of these storage options is to expose them to the marketplace of ideas and engage in serious dialogue to attract and inspire innovative solutions from local and global engineering and construction firms with expertise in this area," said Kuyper.

Kuyper noted Kauai Island Utility Cooperative (KIUC) recently reported that integrating pumped storage hydro into its system could increase that island's renewable energy penetration by 15 percent, making use of daytime solar energy that might otherwise be curtailed; it would also reduce Kauai's dependence on older, oil-based generation assets.

"This is a unique time in Hawaii's history," said Kuyper. "If the islands were to pursue generation portfolios with high penetrations of renewable energy sources, then storage could be instrumental in enabling us to boost those percentages even higher."  

Pumped-storage hydro on Parker Ranch lands has the potential to provide up to five hours of firm, dispatchable power, which would enable load shifting and increase renewable penetration significantly.  Wind and solar energy, that would otherwise be curtailed, would pump water to an upper reservoir.  Releasing this water during the evening would generate power to meet the evening peak loads, which would further reduce or eliminate the need to run expensive oil-fired fossil generators during peak demand. Strategic investments in storage may produce better results than certain investments in the grid while also helping to address challenges posed by the so-called "duck curve" facing many utilities.

"The elevation change of 7,000 feet on Parker Ranch is a strategic asset," said Kuyper. "If an undersea cable is possible for Maui, perhaps it's possible for Hawaii Island in the long run. And if that is the case, Parker Ranch could enable a large-scale storage solution as part of an integrated statewide grid."

Paniolo Power will issue the Pumped-Storage Hydro RFQ in September and a subsequent Request for Information (RFI) to a select group of RFQ participants, once all responses have been evaluated. Wind, solar, geothermal and battery-storage RFQs are also being contemplated and would be announced separately.  

To receive a copy of the PSH RFQ when it is released, prospective respondents may email Jonathan Mitchell, Manager of Corporate Development at Parker Ranch, at [email protected].

About Paniolo Power Company, LLC

Paniolo Power Company, LLC is a subsidiary of Parker Ranch, Inc., one of the largest and oldest cattle ranches in the United States.  Paniolo Power was established in April 2014 to pursue community-based and reasonably-priced clean energy for the Waimea and Kohala communities as well as for Hawaii Island.  Paniolo Power is leveraging Parker Ranch resources to develop affordable, renewable energy to increase Hawaii Island's energy security. To learn more, visit www.paniolopower.com.

SOURCE Paniolo Power Company, LLC

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure? Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results. There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world. ...
Many banks and financial institutions are experimenting with containers in development environments, but when will they move into production? Containers are seen as the key to achieving the ultimate in information technology flexibility and agility. Containers work on both public and private clouds, and make it easy to build and deploy applications. The challenge for regulated industries is the cost and complexity of container security compliance. VM security compliance is already challenging, ...
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit y...
Cloud computing changed data analytics for good. It enabled companies to drastically decrease resources and architecture previously assigned with business intelligence departments. It also enabled laymen to run advanced business analytics. Cloud was also the architecture of choice for storing and processing big data. Data piling is a continuous process, which is going to explode with emerging Internet of Things concept. Answer to this issue developers found in new concept called fog computing. ...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will discuss the vast to...
SYS-CON Events announced today that Enzu, a leading provider of cloud hosting solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to foc...
SYS-CON Events announced today the How to Create Angular 2 Clients for the Cloud Workshop, being held June 7, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified. Now it’s a component-based well-performing framework. The immersive one-day workshop led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and...