One Energy Explained

One Energy Enterprises
Type:Privately held
Industry:Wind energy and utilities
Foundation:2009
Founder:Jereme Kent, CEO
Location City:Findlay, Ohio
Services:Financing, developing, engineering, procuring for, constructing, and operating industrial power projects
Num Employees:50+
Location Country:U.S.
Homepage:https://oneenergy.com/

One Energy Enterprises, doing business as One Energy, is a private American utility-scale distributed-generation wind energy developer and operator headquartered in Findlay, Ohio. Having installed 7.5 MW of wind in 2015, One Energy was responsible for approximately 30% of all distributed wind energy installed in the United States in 2015.[1] [2]

History

One Energy was founded in 2009 in Marshall, Minnesota.[3] In 2011, the company moved its office to Findlay, Ohio, where it installed a project for Cooper Farms in Van Wert, Ohio.[4] Since then, One Energy has continued to develop projects consisting of typically 1-3 wind turbines (each 1.5 MW) of on-site wind energy for industrial energy users.

Other companies under One Energy include One Energy Solutions LLC, One Energy Capital LLC, and One Energy Capital Corporation. The company's customers include Fortune 500 companies.[5] In 2014, the company began its "Megawatt Scholarship" program, which offers a $5,000 scholarship per turbine per year to local high school graduates pursuing a degree in a STEM field.[6] In August 2017, Goldwind Americas signed a deal with One Energy to deliver up to 60 MW worth of turbine parts, which One Energy stocks at the North Findlay Wind Campus to be used for lower lead time with future projects.[7] [8] [9]

Products and Services

Wind for Industry

The company's main service, named Wind for Industry, describes wind energy projects in which utility-scale wind turbines are installed on-site and interconnected on a facility's side of their utility meter (a process known as distributed generation or behind-the-meter wind, which sometimes follows net metering[10]). These projects are designed to achieve a significant reduction of an industrial facility's electrical consumption from the grid.

Capabilities

One Energy is a vertically integrated company, capable of financing, developing, engineering, procuring for, constructing, and operating projects.[11] The company completes conceptual engineering in-house, referring to third-party engineers for quality control.[12] Due Diligence conducted in-house includes financial projections and modeling, custom studies, management of permitting and utilities, as well as wind mapping and analysis.

One Energy typically offers companies a Power purchase agreement (PPA), which allows customers to pay a fixed rate for the energy produced by the project for the 20-year duration of production. With the PPA financial method, One Energy covers capital expenditure for the project. Alternatively, customers may choose to purchase the turbines upfront, supplying capital expenditure themselves. Renewable Energy Credits (RECs) can also be involved.[13] Proprietary software tools created by the company are used to execute studies regarding sound, microwave, shadow flicker, ice throw, and wake interference for potential turbine sites. One Energy obtains land and FAA permits on behalf of their clients, permits utility interconnection, and serves as a liaison between customers and local authorities.

External links

Notes and References

  1. Orrell, Alice C.; Foster, Nikolas F.; Morris, Scott L.; Homer, Juliet S. (August 2017). "2016 Distributed Wind Market Report"(PDF). U.S. Department of Energy: i.
  2. News: Whirlpool and Ball plan $18M wind farm. https://web.archive.org/web/20180628233413/https://www.highbeam.com/doc/1P3-3657247911.html. dead. 2018-06-28. March 2015. Toledo Business Journal.
  3. Web site: Our Team. One Energy. One Energy corporate website. May 18, 2018.
  4. News: Cooper Farms. Everett. John. 2013. Green Energy Ohio News Magazine. https://web.archive.org/web/20180614005850/http://www.greenenergyoh.org/past-issues-of-geo-news-magazine/. 2018-06-14. dead.
  5. Wind Energy Technologies Office (April 2018). "2017 Distributed Wind Market Report Fact Sheet" (PDF). U.S. Department of Energy. Office of Energy Efficiency and Renewable Energy.
  6. http://www.chicagotribune.com/news/sns-bc-oh--wind-turbine-scholarship-program-20180404-story.html "Wind turbine company offers scholarships to STEM students"
  7. News: Goldwind Provides 60 MW to One Energy for Distributed Generation. Editors of Power Engineering. August 9, 2017. Power Engineering. May 17, 2017.
  8. News: Goldwind signs 60-MW turbine order with One Energy for distributed wind projects. Froese. Michelle. August 9, 2017. Wind Power Engineering and Development. June 6, 2018.
  9. News: Zero Carbon Ahead Part 3: The Global Business Frontline. March 4, 2018. NHK World Japan. May 17, 2018.
  10. Web site: Distributed Wind Department of Energy. www.energy.gov. en. 2018-06-01.
  11. News: Power Lunch: A Craving to Jolt the Energy Landscape. Daughters. Gary. May 2018. Site Selection Magazine. May 17, 2018.
  12. Web site: How Wind for Industry Works. One Energy corporate website. May 18, 2018.
  13. Web site: The Bottom Line. One Energy. One Energy corporate website. June 1, 2018.