On Tuesday, a venture capitalist and blogger that I follow named Rob Day (@cleantechvc) tweeted the following: RT @noesisenergy: Energy Managers Don’t Believe You Can Help Them Manage Energy http://ow.ly/ci6bF “ª#energyefficiency The article headline in his tweet immediately caught my attention because it reinforced the premise for this blog, and for that matter, the reason for founding Tangent Energy Solutions. The embedded link in Robs tweet connected to a survey that concluded, “…fewer than 20% of corporate energy decision-makers believe that suppliers of consulting, automation and controls, technology services and software have strong capabilities to help them improve energy management.” In other words, […]
A while ago I read this Smart Grid News article and upon finishing realized that I had no recollection of what I’d just read. The experience reminded of a Far Side cartoon someone once showed me (which, as a dog lover, I thought was very funny). The illustration featured two identical panels of a man scolding his dog. The following provides the copy for each panel: What we say to dogs: “OK Ginger! Ive had it! You stay out of the garbage! Understand Ginger? Stay out of the garbage, or else!” What they hear: “blah blah GINGER blah blah blah blah […]
Yesterday, the Wall Street Journal posted this article which I recommend as a must-read for every school board and district energy manager. To whet your appetites, the headline, subhead and first paragraph are below: The Enlightened Classroom School districts are using solar power to cut their energy bills—and cope with budget cuts Solar power has long been touted for its environmental impact. But now it has a new role: saving teachers’ jobs. “School districts across the country are turning to solar power to cut their electricity costs. With the money they’re saving, they are able to retain more teachers and […]
Black & Veatch just released its sixth annual Strategic Directions in the U.S. Electric Utility Industry Report which reflects the opinions of energy utility executives, managers and technicians on a variety of topics. The report is full of interesting insights but a few of the findings merit special mention for C&I energy customers. The following highlights some key points then provides a brief discussion of their relevance to C&I companies. For the second year in a row aging infrastructure was a top concern among respondents – Figure 4 More than half of survey participants believe rates will rise significantly due […]
One of the things I look forward to most as the CEO of a venture backed company is the chance to meet and spend time with others in the same role. EnerTech Capital (Tangents lead VC) understands the value of this type of interaction and provides several opportunities for the heads of its portfolio companies to get together. I am attending one of these gatherings later this month in Montreal, where Ive been asked to participate in a leadership and team building panel discussion. Over the course of my career I have had the good fortune to work with a […]
Tangent Energy Solutions today announced a deal with Bethlehem Area School District (BASD) to provide a technology/service platform that will cut approximately $326,800 from the districtâ€™s energy bill over the next three years.
The new technology will actively manage the districtâ€™s energy use to avoid pricing premiums and capitalize on economic opportunities tied to changing conditions on the energy grid. The platform works together with the 1.6MW solar energy system installed at five district schools last year, also from Tangent.
April 19, 2012 ““ Chester County-based Tangent Energy Solutions was a big winner at the 2012 Pennsylvania Technology Awards Gala ““ topping 17 other nominees, including finalists Red Privet and Phoenix Contact, to win the Growth Company of the Year award. Tangent has grown tremendously in the past year with revenue rising from just $100,000 in 2010 to $14 million in 2011, to projected revenue of $77 million for 2012. “Tangent Energy joins a long list of high growth companies based in Pennsylvania using innovation and science to better serve their customers,” said Kelly Lewis, President of TechQuest Pennsylvania. “We’re […]
This is part two of my two part series on Demand Response (DR). Part One discussed how DR almost became the “killer app” of the smart grid. Part two discusses why a recent FERC ruling (FERC 745) could give DR a second shot at the title. “An ounce of prevention is worth a pound of cure.” Two years before organizing the nations first volunteer fire company, Ben Franklin coined the above expression in an anonymous letter to his own newspaper. On February 4, 1735 the Philadelphia Gazette published a letter from an “old citizen” about fire safety that read in part: […]
Joe Petrucci of the Keystone Edge reports: Kennett Square-based Tangent Energy Solutions, an energy solutions provider that manages commercial and industrial customers’ energy resources during peak demand periods, and Pittsburgh cloud provider Sierra w/o Wires, were big winners at last Friday’s TechQuest Awards in Harrisburg. Tangent Energy Solutions earned Growth Company of the Year, besting finalists Red Privet and Phoenix Contact. Sierra w/o Wires took home the other big prize, Technology Company of the Year, besting Hewlett Packard Company and Department of Public Welfare and DSS. Just last month Tangent Energy Solutions announced a three-year deal with Colonial School District […]
This is part one of a two part series on Demand Response (DR). This post discusses how DR almost became the “killer app” of the smart grid. Part two will discuss how a recent FERC ruling (FERC 745) can give DR a second shot at the title. Before going too far down the road on the “killer app” theme, I wanted to be sure that someone outside the category had used the terms “Demand Response” and “killer app” in the same sentence. I did a quick Google search and found that none other than current FERC chairman Jon Wellinghoff used […]