Zhero participates in the highly competitive U.S. renewable energy market where supply chain constraints and inflationary pressure have made it more expensive to build new assets than previous years while creating a multi-year backlog of planned projects. However, recent incentives and investor tax credit extensions in the Inflation Reduction Act (IRA) provide the long-term stability for the company to pursue greenfield development for solar and wind as well as green hydrogen projects. This focus underscored the need to analyze proposals from land originators quickly to secure prime acreage, taking into account economics, environmental and market drivers.
The firm relied on multiple point solutions to analyze potential project sites; this required extensive time to manually curate data from many states’ regulatory websites. Lack of standards and inconsistent reporting across U.S. regulators required Zhero’s team to normalize and integrate this data, delaying analysis and distracting staff from higher value workflows.
Zhero partnered with Enverus to replace manual data curation and point analysis solutions with Enverus PRISM, the Enverus platform that seamlessly blends analytics, big datasets and energy workflows across the full energy value chain, from oil and gas to power and renewables.
PRISM supports analysis for Zhero’s core wind and solar project siting as well as the specialized location requirements for green hydrogen where proximity to ample power generation is critical.
The firm uses multiple power and renewable data layers to analyze grid topology, including traditional power generators, substations, transmission and interconnects as well as planned projects, permits and agreements to better assess risk and understand pricing in the future. Business development staff also gain multiple value-added Enverus datasets not readily available from public sources, including historical and active RFPs as they are released and IRA Energy Communities.
Supported by PRISM power and renewables datasets, dashboards and analytics, Zhero is powering its initial screening workflow for project siting to find the highest value opportunities that meet its growth objectives.
Enverus helps the firm quickly understand which regions have the best upside potential and long-term economics with enhanced clarity into the status of the interconnection queue, transmission line capacity and decommissioning of legacy power assets.
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