About This File
ARC Insights
by Janice Abel
Avangrid Renewables is a subsidiary of AVANGRID, Inc., and part of the IBERDROLA Group. Spain-based Iberdrola S.A. is the largest wind energy company in the world. As ARC Advisory Group recently learned, the company collects a wide variety of data from many different sources. However, in the past it faced challenges when it came to gaining useful insight from these data. Particularly problematic, was the difficulty determining and documenting lost generation across its wind turbine fleet time due to voluntary generation curtailment to meet contractual obligations. Inability to do so, can lead to lost revenues.
Avangrid Renewables owns and operates nearly 60 plants in the US. The company is the second largest owner of wind energy projects in the US, with more than 6,000 MW of owned and controlled renewable generation assets, which includes 3,000 wind turbines. It also has 636 MW of combined cycle gas turbine generation, 50 MW of solar generation, plus 55 MW of controlled biomass generation. The company has more than 750 employees in the US. According to company executives, it is focused on operational excellence and selective growth.
Avangrid Renewables collects a wide variety of data from many different sources. However, in the past it faced challenges when it came to gaining useful insight from these data. Particularly problematic, was the difficulty in determining and documenting lost generation across its wind turbine fleet time due to voluntary generation curtailment to meet contractual obligations. Inability to do so, can lead to lost revenues.