They can also provide load-shifting, frequency control, synthetic inertia, and many other valuable grid services traditionally provided by thermal generators. This need has created an unprecedented demand for grid-scale batteries, which governments and utilities are quickly discovering can do a lot more than facilitate the uptake of solar and wind. It’s a fundamental piece of our entire business strategy.” And for that to happen, you need battery storage.” “It drives an increased need for flexibility, meaning the dispatchability of those renewable energy resources. “When you connect renewables to the grid en-masse, grids become increasingly destabilized,” Dave said. Aside from the challenges of maintaining baseload supply when the sun isn’t shining or the wind isn’t blowing, there are also fundamental issues of grid stability requiring solutions that both mimic and improve upon existing infrastructure. Utility-scale solar and wind farms are critical for grid decarbonization, but they still only form select pieces of a complete solution. The move enabled Amp’s continued growing asset base and expansion of its proprietary digital energy platform, Amp X. In late 2020, Amp took another significant step forward with a $374 million commitment from global investment giant The Carlyle Group. It’s not just those within the company that believe in Dave’s vision either. Despite the continued global pandemic, renewable energy installations grew by almost 290GW in 2021. We’re not purely opportunistic when we look at markets, we make long-term commitments after a thorough internal review, the hiring of world-class local teams, deeply engaging with communities and setting long-term goals and objectives for that market.”Īnd while growth - especially global growth - is an evolution for any company, Dave believes Amp’s expansion certainly won’t be hindered by a lack of demand. And that's what we look for in any market. “We believe in the markets we’ve chosen as they provide us with both immediate scale along with sustainable long-term growth opportunities. With solar and wind farms offering lifespans of up to 40 years, Dave clearly understands the importance of making long-term commitments to his markets, projects, and customers. But in reality, it’s a calculated strategy: operating with precision and investing in the right projects, in the right places, at the right time. With a vision of becoming an energy leader, it’s easy to assume Amp's corporate mantra is one of expansion at all costs. What we need to do is continue to scale at pace while maintaining rigor in the market and focusing on our investment due diligence.” “The size of the market will not be our challenge. “Every single person at the company is focused on it, and every employee is also an owner of the company, which is a critical piece of how we get everyone aligned with the same mission.” With our expertise, rigorous and differentiated investment approach, and integration of our proprietary digital energy platform, we are well-positioned to create a global energy transition supermajor,” Dave said. “We believe in a holistic approach around helping corporates and governments achieve net-zero. Now operating throughout North America, the UK, Spain, Australia, Japan, and India, Dave is confident Amp’s unique culture and technological leadership will unlock levels of scale rarely before seen in renewable energy. Today, the company boasts more than 7GW of clean energy assets built or under contract, comprised of distributed, utility-scale, and hybrid renewable generation, in addition to a growing portfolio of standalone battery projects, a key focus and growth area for Amp. Moving the World Beyond Fossil FuelsĪfter founding Amp Energy in Toronto, Canada in 2009 with his business partner Paul Ezekiel, Dave quickly made an impact in his home market via the development and acquisition of several multi-megawatt solar projects. Instead, he has his sights set on becoming a global energy transition supermajor, a title generally reserved for the most powerful oil and gas multinationals such as BP, ExxonMobil, and Shell. But for Dave Rogers, Founder, President and CEO of Amp Energy, it’s not enough to simply be a large player in an international market.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |