Blog Feed | Enverus

RatedPower’s standalone BESS design enhancements set to transform solar storage planning

MADRID, Spain (Dec. 18, 2024) — RatedPower, a part of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing new Battery Energy Storage Systems (BESS) design enhancements. RatedPower’s all-in-one software seamlessly integrates project designs with external tools such as AutoCAD, PhotoVoltaic (PV) systems, Power System Simulator for Engineering (PSS/E) and others, increasing users’ abilities to streamline workflows.

As BESS continues to dominate conversations in the renewables sector, industry experts are seeking innovative ways to optimize projects and stay ahead of emerging trends for a competitive edge. RatedPower remains at the forefront, consistently evolving its platform to meet changing market demands. In its 2024 Global Renewable Trends Report, which gathers insights from industry professionals, BESS emerged as a major focal point, highlighting its growing significance.

“The more storage, the better,” said Darren Bishop, RatedPower customer and sales team lead at Lincoln Infrastructure/Convalt Energy. “More storage means less natural gas and nuclear plants on standby to fulfill the capacity needs of the grid at high load.”

“Standalone BESS offers users more flexibility, enabling them to develop BESS projects independently of PV plants,” said Ignacio Alvarez Iberlucea, senior product manager at RatedPower. “This is a game-changer, and we’re proud to lead the way as pioneers, delivering this seamless option within a single, powerful software platform.”

RatedPower stands out as the only solution on the market offering users the flexibility to design BESS for hybrid photovoltaic PV plants or as standalone systems, independent of a PV plant. With advanced tools that simplify and automate battery design, RatedPower delivers unparalleled efficiency for developers, engineering, procurement and construction firms, and more.

Key takeaways from RatedPower’s BESS design enhancements:

This cutting-edge feature streamlines BESS design through advanced automation and precision tools, allowing users to configure plant capacity to match manufacturer specifications, optimize land use with detailed topography data, and generate accurate layouts in seconds. By automating critical processes such as grid compliance calculations, cable sizing, and layout generation, the platform eliminates the need for manual work.

With seamless AutoCAD integration and access to more than 400 editable technical documents, RatedPower empowers developers and engineers to maximize installed capacity, enhance project efficiency and simplify workflows.

Additionally, users will have access to a BESS arbitrage system, enabling them to optimize their project profits by calculating the ideal charge and discharge levels based on energy prices, degradation, PV production and other key factors.

RatedPower’s integrated tool enables users to seamlessly incorporate their designs with other essential software for project completion. In addition to AutoCAD compatibility, users can export designs and connect projects with leading power system analysis tools such as PSS/E, PowerFactory and ETAP.

This new integration enhances project accuracy, minimizes manual effort, reduces the risk of errors and costs, and accelerates overall project workflows.

A screenshot from RatedPower’s most recent design enhancement which enables streamlined standalone BESS site creation and project design, enhancing efficiency and precision.

Additional Resources:

Register and watch this 45-minute, recorded webinar to discover how RatedPower’s innovative features can enhance workflow, enhance project efficiency, and unlock new revenue opportunities.

About Enverus
Enverus is the most trusted energy-dedicated SaaS company, with a platform built to maximize value from generative AI, offering anytime, anywhere access to analytics and insights. These include benchmark cost and revenue data sourced from more than 95% of U.S. energy producers and more than 40,000 suppliers. Our platform, with intelligent connections, drives more efficient production and distribution, capital allocation, renewable energy development, investment and sourcing. Our experienced industry experts support our customers through thought leadership, consulting and technology innovations. We provide intelligence across the energy ecosystem: renewables, oil and gas, financial institutions, and power and utilities, with more than 6,000 customers in 50 countries. Learn more at Enverus.com.

About RatedPower

RatedPower helps companies discover the smartest ways to design and engineer utility-scale solar PV plants and maximize their potential through their software to automate and optimize the study, analysis, design and engineering of photovoltaic plants and their electrical infrastructure in all its stages. RatedPower has helped design more than 55 TW in more than 160 countries. Bringing value to developers, IPPs, contractors, investors and manufacturers, helping them make better decisions, democratizing engineering knowledge and boosting the deployment of solar plants worldwide. Learn more at RatedPower.com.

Redesigning ancillary markets: Reliability in a renewable future

CALGARY, Alberta (Dec. 18, 2024) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, has released a report that encompasses ancillary market design changes in several Independent System Operator (ISO) states and regions, including Electric Reliability Council of Texas (ERCOT), Pennsylvania, New Jersey and Maryland (PJM), and New England (ISONE), and how these changes will impact specific generators.

“The market design changes for each ISO — ERCOT, PJM and ISONE — all have an effect on generators providing ancillary services,” said Marc De Guzman, associate at EIR. “Peaker plant owners in ERCOT with the highest market share will most likely experience revenue reductions primarily due to the removal of the Operating Reserve Demand Curve (ORDC). In PJM however, changing factors such as revised lost opportunity cost (LOC) calculations will prompt marginal units to change their bidding behavior.”

“The assets most affected by these changes across ISOs will likely be batteries and natural gas peaker generators,” De Guzman added. “However, we do not anticipate a major impact on their revenue streams as they are expected to adjust their bidding strategies to sustain current income levels.”

Key takeaways from the report:

EIR expects natural gas peaking units and batteries in ERCOT to see a decrease in revenue from the removal of the scarcity pricing adder ORDC.

PJM’s regulation market redesign will create more arbitrage opportunities for batteries, allowing them to optimize dispatch strategies and capitalize on price volatility. EIR anticipates higher overall regulation market prices in response to the revised LOC calculations as marginal units change their bidding behavior.

ISONE’s day-ahead ancillary services initiative (DASI) is projected to increase revenue for batteries and natural gas peaker plants by enabling them to ramp up during high-demand periods.

EIR’s analysis pulls from a variety of Enverus products including Enverus Intelligence® Research and Enverus Foundations®| Power & Renewables.

View Report Here

You must be an Enverus Intelligence® subscriber to access this report.

About Enverus Intelligence® Research
Enverus Intelligence® | Research, Inc. (EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries. EIR publishes reports including asset and company valuations, resource assessments, technical evaluations and macro-economic forecasts; and helps make intelligent connections for energy industry participants, service companies and capital providers worldwide. EIR is registered with the U.S. Securities and Exchange Commission as a foreign investment adviser. Enverus is the most trusted, energy-dedicated SaaS company, with a platform built to create value from generative AI, offering real-time access to analytics, insights and benchmark cost and revenue data sourced from our partnerships to 95% of U.S. energy producers and more than 40,000 suppliers. Learn more at Enverus.com.

Alternative fuels M&A focus turns from policy boosts to business resilience

CALGARY, Alberta (Dec. 18, 2024) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, has released an analysis on strategies driving M&A activity in alternative fuels and how they will influence future capital deployment.

In the report, EIR shows that deal flow in the alternative fuels sector has surged over the past four years, driven by regulatory incentives and the maturation of technologies that lower investment risk. The report takes a deep dive into notable deals across five fuel types to determine the most dominant strategies driving M&A activity and speculates on the implications for future capital deployment in the sector. Overall, regulatory incentives emerged as the clear driving force behind alternative fuel M&A, followed in importance by vertical integration, sustainability goals, feedstock availability and technology advancements.

“Regulatory incentives emerged as the clear driving force behind alternative fuel deals, reflecting the sector’s dependence on government support for momentum and market stability,” said Heather Leahey, principal analyst at EIR.

“Recent transactions are increasingly targeting credit stacking opportunities and/or voluntary market support to cushion against policy uncertainty and weaker credit fundamentals. Furthermore, industry decarbonization targets are enhancing demand for low-carbon fuels by drawing in a wider range of offtakers with longer time horizons and buyers for the associated carbon credits,” Leahey said.

Key takeaways from the report:

Regulatory incentives are the clear driving force behind alternative fuels M&A, reflecting the sector’s dependence on government support for momentum and market stability.
Recent transactions are increasingly targeting credit stacking opportunities and/or voluntary market support to cushion against policy uncertainty and weaker credit fundamentals.
Industry decarbonization targets are enhancing demand for low-carbon fuels by drawing in a wider range of offtakers with longer time horizons.
Landfill gas-to-RNG developers may be more amendable to 120% IRRs in the voluntary market at $25/Mcf premiums, 60%-70% lower than in the transportation market, because of longer-term, stable contract structures.
Value chain integration enables acquirers to unlock operational and supply chain enhancements, access complementary technologies and compound credit stacking opportunities.
Cumulative alternative fuels deal flow sits at $28 billion since the start of 2021, more than double that of all other carbon innovation technologies combined. RNG and renewable diesel dominated the space, while more novel technologies like sustainable aviation fuel are gaining momentum.

Graph showing Carbon Innovation Cumulative Deal Flow by Technology Type since 2021

EIR’s analysis pulls from a variety of Enverus products including Enverus Intelligence® Research and Enverus Energy Transition M&A.

View Report Here

You must be an Enverus Intelligence® subscriber to access this report.

Enhanced geothermal systems: The future of reliable, green power for AI data centers?

CALGARY, Alberta (Dec. 17, 2024) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is highlighting industry trends emerging beneath the rapidly evolving enhanced geothermal systems landscape including utilities signing record-breaking geothermal power purchase agreements and major tech companies forming new geothermal partnerships.

“Geothermal developers need to sharpen their investment-focused messaging to unlock funding and accelerate adoption,” said Graham Bain, principal analyst at EIR. “With AI data centers thirsting for 153 gigawatts of low carbon, reliable power by 2050, geothermal energy’s scalability and quick deployment make it an ideal solution.”

“The recent success of enhanced geothermal systems and major improvements to drilling speeds and technologies are game changers,” said Bain. “The number of bits needed to drill a 5,000-foot lateral in granite has dropped from nine to two, leading to the quadrupling of drilling speeds. This is directly tied to cost reductions as drilling accounts for up to 90% of total installed geothermal costs.”

“We’re gearing up for a surge in geothermal energy,” said Bain. “Utilities are signing the largest geothermal power purchase agreements ever and major tech companies are partnering in the space. The era of cheap geothermal PPAs is over as its true value — three to four times that of solar with storage — is being recognized.”

Key themes:

The era of cheap geothermal power purchase agreements (PPAs) is coming to an end. According to a study by Ormat, geothermal energy is valued at three to four times more than solar energy with co-located storage. California, for example, has included geothermal in its integrated resource plans, acknowledging its ability to deliver reliable, clean power while eliminating costly overbuilds. Other western states with high-quality geothermal resources are expected to arrive at similar conclusions and follow suit.
Drilling companies have achieved a 450% increase in bit life, demonstrated by the reduction to two bits from nine to drill a 5,000-foot lateral in granite. This represents an incredible step to speed project development and lower costs, as drilling accounts for up to 90% of total installed geothermal expenses.
Geothermal developers must prioritize clear, investment-oriented messaging to boost geothermal funding and adoption. Investors need insights into risk, return profiles, speed of deployment, modularity and scalability to enhance confidence in the technology.

EIR’s analysis pulls from a variety of Enverus products including Enverus Intelligence® Research.

View Report Here

You must be an Enverus Intelligence® subscriber to access this report.

Winning in the West: Renewed opportunities are resurfacing in the DJ and PRB’s Niobrara

CALGARY, Alberta (Dec. 16, 2024) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, has released two reports analyzing drilling trends, economics and subsurface drivers from wells in both the Denver-Julesburg (DJ) Basin in Colorado and the Powder River Basin (PRB) in Wyoming.

Considering cost savings like those achieved by three-mile wells in the Bakken in North Dakota, EIR expects extended laterals can make the DJ and PRB basins more competitive to major Lower 48 basins.

“To date, operators have proven they can successfully navigate the nation’s biggest surface setback regulations in Colorado’s DJ Basin,” said Morgan Howrish, analyst at EIR. “We expect the three largest operators in this basin, who own 95% of the most economic inventory remaining, to be able to maintain or even boost activity levels despite the state’s strict limits on drilling locations.”

“In Wyoming, operators drilling wells with longer laterals in the PRB are driving down costs and improving economics, enabling the play in Wyoming to compete with other oil- and gas-producing areas in the U.S.,” said Ryan Hill, principal analyst at EIR. “We expect the change will drop costs by as much as $10 per barrel and lower the PRB’s breakevens to about $50 per barrel, or roughly equivalent to the average economics in the Rockies counterpart, the Williston Basin.”

Key takeaways on the DJ:

The Denver-Julesburg (DJ) Basin is one of the most consolidated plays in North America. Just three operators own 95% of drilling locations estimated to break even at or below $50/bbl WTI.
Operators wanting to achieve high recoveries face a choice of tightly spaced wells with small completions or wider spacing paired with larger fracture stimulations.
The DJ is a mature play, meaning companies outside these three operators are increasingly drilling wells in fringier areas that generate poorer returns compared to those in the Wattenberg field, the long-time core of the play. EIR recommends companies should shift to wider spacing and bigger fracs to minimize capital efficiency degradation while developing extensional acreage.

Key takeaways on the PRB:

Devon Energy is the only company successfully drilling wells with -mile lateral sections to develop the Niobrara formation in the PRB in Wyoming. These wells generate breakevens of ~$50/bbl, an improvement of up to 15% compared to nearby 2-milers.
EIR believes 3-mile wells will provide a rare tailwind for the PRB’s Niobrara. The zone has averaged $60/bbl breakevens since 2021, hampering its competitiveness with unconventional targets in major Lower 48 plays.
Three-mile wells are recovering 10% more oil than 2-milers. Operators historically developed the Niobrara at four wells per section, but EIR expects wider spacing in the future at three or fewer wells.

EIR’s analysis pulls from a variety of Enverus products including Enverus DSU Analytics, Enverus Forecast Analytics, Enverus Foundations®, Enverus Geoscience Analytics and Enverus Placed Well Analytics.

View DJ Report Here

View PRB Report Here

You must be an Enverus Intelligence® subscriber to access these reports.

Efficient Data Center Siting | Smart Locations for Peak Performance

Explosive growth in artificial intelligence and the increasing prevalence of cryptocurrency mining are sending data center expansion through the roof. This surge, in combination with renewable energy volatility, is driving the need for effective resource management in data center construction and siting. Developers must quickly evaluate potential sites to stay competitive in the race for high-quality locations. Key pillars in site selection include energy availability, site quality and energy cost, with metrics such as available withdraw capacity (AWC), available acreage and access to transmission and fiber optic networks being crucial.

Enverus Intelligence® Research (EIR) has developed a workflow using Enverus PRISM® – Power & Renewables suite data and analytics to streamline data center siting. A case study examining the Cleveland area for 1,000 MW and 600 MW data center developments identified fewer than 20 high-value sites, meaning 99.998% were disqualified. EIR identified the Glenwillow and Hummel substations as ideal for 1,000 MW projects due to their large AWC, while the Inland and Hummel substations were best for 600 MW projects. The analysis demonstrated that while adequate AWC is essential for successful site selection, other factors contribute to site quality and can lead to better performance than high AWC sites.

Highlights

Nuclear in Its AI Era – Enabling the Next Generation of Reactors – Demand for computing power coupled with the surge of AI is prompting technology giants to pursue reliable, low-carbon power sources for data centers, fueling a resurgence in interest in nuclear power. EIR evaluates various IPP’s existing nuclear energy portfolios and their opportunities for large-scale deployments.
U.S. Power Grid – A Layered Landscape of Opportunities – This dynamic and interactive map provides a comprehensive view of the power asset landscape, including operating and developing projects across a variety of technologies, under-utilized plant capacity, and energy community tax credits, highlighting the most influential drivers of the U.S. energy transition. Designed to demonstrate the risks and opportunities within this evolving landscape, this map enables users to interact with data in innovative ways, unlocking critical insights.
Alternative Fuels M&A – From Policy Boosts to Business Resilience – Deal flow in the alternative fuels sector has surged over the past four years, driven by regulatory incentives and the maturation of technologies that lower investment risk. We take a deep dive into notable deals across five fuel types to determine the most dominant strategies driving M&A activity and speculate on the implications for future capital deployment in the sector.

energy-transition-power-and-renewables-hero-image

Interconnection Queue Review: Arizona Public Service

Arizona Public Service (APS) is the largest energy provider in Arizona, serving about 1.4 million customers across the state. Its territory has emerged as a prime location for renewable energy and battery storage development, largely due to Arizona’s abundant solar resources.

As part of Enverus Project Tracking Analytics, we review project development processes within each utility and interconnection queue across the U.S. to provide a comprehensive project overview.

By delving into trends within the APS interconnection queue, we can gain insight into how APS has nurtured this development, and what the future of the region’s energy landscape will look like.

APS’s place in the nationwide energy landscape

Figure 1- Enverus P&R Project Tracking: Most planned capacity by utility queue

The APS territory is one of the nation’s leaders for power generation development, particularly in renewables and storage. Adding to the rush, the Phoenix area has become a hotbed of data center development as well. Of the 20 major utilities across the nation that we currently track (not including ISOs), APS has the third-most total planned capacity in the queue, trailing only the Bonneville Power Authority and Pacificorp. It also has the third-most planned capacity specifically in each individual category of wind, solar and storage project types as well, reflecting its emphasis on expanding sustainable generation capabilities to support growth.

Figure 2- Enverus P&R Project Tracking: Most total planned capacity by county

On a county level, APS’s prominence is clear. Four of the top 10 counties in the U.S. for total planned capacity are in APS’s territory, including Maricopa County, which leads overall. Additionally, four APS counties are in the top 10 for planned solar capacity and three for storage.

Figure 3- Enverus P&R Project Tracking: Most total planned capacity by state

On a state level, Arizona has the third most total planned capacity in the nation, behind only Texas and California. It has the third most planned storage capacity and the second most planned solar capacity.

Taking the lead in the energy transition

Figure 4- Enverus P&R Project Tracking: Total capacity added to APS queue, by project
type and first queue date

From 2016-2021, there was a rapid and consistent year-over-year uptick in power generation capacity added to the APS Interconnection Queue, comprising almost exclusively renewables and storage projects. Queue activity has cooled slightly since that peak in 2021 but is still consistently far higher than it was before. And as discussed in the previous section, far higher than most of the rest of the country.

Figure 5- Enverus P&R Project Tracking: Projected capacity changes by fuel type over next 15 years, via the most recent IRP goals from APS

Figure 6- Enverus P&R Project Tracking: Operating Capacity in APS by First Power Date

That trend is in line with the most recent APS Integrated Resource Plan, which indicates a commitment to shifting the energy mix away from fossil fuels like coal and towards renewables and storage over the next 15 years. And they are already beginning to deliver on that promise. In 2024 alone the Babbitt Ranch Wind and Chevelon Butte 1 & 2 Wind projects were all brought online, totaling 615 MW of capacity. This followed a productive year for storage projects in 2023, when 251 MW of storage capacity (spread across nine projects) were brought online. The specific project types are different than the IRP projected; it called for more solar thus far and less wind. However, the total renewables plus storage projection for the years 2023 and 2024 was 795 MW, which has been outpaced thus far by the 866 MW built.

Figure 6- Enverus P&R Project Tracking: Operating capacity in APS by first power date

One other interesting feature of the IRP is its approach towards natural gas. In sum, the utility plans to add 409 MW of natural gas over the next 15 years. However, it plans to arrive at that number through a combination of both building but also decommissioning thousands of MWs of natural gas plants, beginning around the year 2030. It appears that they want to more or less maintain their current levels of natural gas usage, but are in a position where they need to invest heavily in the resource in order to do so. That investment indicates that APS has no plans to completely abandon traditional energy sources like gas, even if it isn’t as prominent in their plans as renewables are.

Looking to the future

The alignment between the APS IRP and the interconnection queue is a very encouraging sign for future growth. Currently, 34% of the operating APS energy mix is renewables or storage. If the next 15 years of development continue to proceed as the IRP lays out, it will add 4,951 MW of renewables and storage capacity and 409 MW of natural gas, resulting in an energy mix that is 64% renewables or storage.

So, what can these trends tell us about the overall future of the APS energy landscape? The data paints an appropriately sunny picture for the state of Arizona. With the amount of development already underway and a strong track record behind them, Arizona Public Service looks poised to maintain its status as one of the leaders of the energy transition.

Want to explore power projects and developer profiles? Learn more about Project Tracking Analytics.

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Forecasting the unpredictable President Trump

CALGARY, Alberta (Dec. 10, 2024) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, has released its latest Fundamental Edge report, which focuses on global drivers for oil and gas prices through 2030, the five-year oil and gas supply and demand outlook, and price forecasts.

“Fourth-quarter oil balances are in a deficit. Global oil demand is at record levels, and crude and product stocks are low. Fundamentals alone suggest oil prices should be in the mid-to-high $80s,” said Al Salazar, report author and director at EIR.

“We also believe the markets have forgotten about the half-empty U.S. SPR. Therefore, any discussion of the current Brent prices having a geopolitical premium feels contradictory to us,” Salazar continued. “While Brent fluctuates on geopolitical news, we have yet to see a sustained price premium over fundamental fair value. Looking forward, we’ve downgraded our 2025 Brent price forecast by $5/bbl due to our conservative expectations on Chinese oil demand. President-elect Trump’s proposed import tariffs and increased global trade uncertainty complicates Beijing’s task of steering China’s trade-centric economy,” Salazar said.

As for natural gas, “the short-term hyper price elasticity of supply that has been present for the past year has started to break, suggesting the amount of highly price-elastic shut-in production is on its last legs. New supply will be needed soon, as activity levels remain alarmingly low.”

Key takeaways from the report:

EIR expects increased volatility for Brent prices for 2025 as low stock levels, elevated geopolitical tensions and increased global trade uncertainty all weigh on global oil balances. Ultimately, EIR remains bullish relative to consensus and strip.

Oil prices are discounted compared to what fundamentals would suggest with crude and product stocks low and global oil demand at record levels.

EIR sees upside pressure compared to strip for NYMEX Henry Hub prices in the first half of 2025.

EIR’s analysis pulls from a variety of Enverus products including Enverus Intelligence® Research.

View Report Here

You must be an Enverus Intelligence® subscriber to access this report.

About Enverus Intelligence® Research:
Enverus Intelligence ® | Research, Inc. (EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries. EIR publishes reports including asset and company valuations, resource assessments, technical evaluations and macro-economic forecasts; and helps make intelligent connections for energy industry participants, service companies and capital providers worldwide. EIR is registered with the U.S. Securities and Exchange Commission as a foreign investment adviser. Enverus is the most trusted, energy-dedicated SaaS company, with a platform built to create value from generative AI, offering real-time access to analytics, insights and benchmark cost and revenue data sourced from our partnerships to 95% of U.S. energy producers, and more than 40,000 suppliers. Learn more at Enverus.com.

Nuclear in Its AI Era | A New Dawn for Reactors

The rapid adoption of AI has created exponential demand for data centers. Hyperscalers such as Microsoft, Google and Amazon require reliable, low-carbon electricity to power future data centers, leading to a renewed interest in nuclear energy. Repowering shuttered reactors has proven highly economical due to favorable power purchase agreements (PPAs), such as the one struck by Constellation Energy and Microsoft to restart the Three Mile Island Unit 1 reactor. New reactors require more initial investment. Enverus Intelligence® Research modeled an achievable ~10% IRR on a $100/MWh PPA at a $7 billion/GW capital cost.

The gap between foreign and domestic costs is glaring, with the Vogtle 3 and 4 reactors costing $18 billion and $13 billion, respectively, compared to South Korean and French reactors built for half the cost. Supply chain development and a single dominant design are keys to delivering U.S. reactor costs in line with other nations. Figure 1 illustrates the potential for expanding U.S. nuclear capacity to meet aggressive targets of 35 GW of capacity by 2035 and 200 GW by 2050. Key operators like Constellation Energy, Duke Energy, Dominion Energy and Florida Power & Light operate sites that screen well for near-term construction starts, with Holtec International’s Palisades and NextEra Energy’s Duane Arnold sites already leading a new wave of nuclear activity.

Highlights:

Nuclear in Its AI Era – Enabling the Next Generation of Reactors – Demand for computing power coupled with the surge of AI is prompting technology giants to pursue reliable, low-carbon power sources for data centers, fueling a resurgence in interest in nuclear power. Enverus Intelligence® Research evaluates various IPP’s existing nuclear energy portfolios and their opportunities for large-scale deployments.

U.S. Power Grid – A Layered Landscape of Opportunities – This dynamic and interactive map providing a comprehensive view of the power asset landscape, including operating and developing projects across a variety of technologies, under-utilized plant capacity and energy community tax credits, highlighting the most influential drivers of the U.S. energy transition. Designed to demonstrate the risks and opportunities within this evolving landscape, this map enables users to interact with data in innovate ways, unlocking critical insights.

Alternative Fuels M&A – From Policy Boosts to Business Resilience – Deal flow in the alternative fuels sector has surged over the past four years, driven by regulatory incentives and the maturation of technologies that lower investment risk. We take a deep dive into notable deals across five fuel types to determine the most dominant strategies driving M&A activity and speculate on the implications for future capital deployment in the sector.

Enverus Intelligence® | Research, Inc. (EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries. EIR publishes reports including asset and company valuations, resource assessments, technical evaluations and macro-economic forecasts and helps make intelligent connections for energy industry participants, service companies and capital providers worldwide. EIR is registered with the U.S. Securities and Exchange Commission as a foreign investment adviser. See additional disclosures here.

Enverus Press Release - Enverus Earns Top Workplaces Honors for Fourth Consecutive Year

3 Reasons You Must Attend the 2025 Enverus EVOLVE Conference

As the demand for energy surges, and the need for cleaner energy solutions intensifies, staying ahead of the curve is critical.

If there is one industry event you should prioritize attending in 2025, it’s the Enverus EVOLVE Conference.

Why?

Because this year’s Enverus EVOLVE Conference, happening May 12 – 15, 2025 at the Hilton Americas in Houston, Texas, is the only conference designed to equip you with unmatched foresight in the energy market, cutting-edge technological know-how, sessions and networking opportunities with an extensive array of industry leaders and practical guidance on how to apply technology to solve your biggest problems, so you can fulfill your strategic vision.

Here are three reasons why you should prioritize attending the 2025 Enverus EVOLVE Conference:

1) Exclusive access to predictive macro and market sessions led by Enverus Intelligence® Research to inform your strategy

With a new administration in the White House, geopolitics, a growing global population, an aging power grid plus power-hungry data centers coming online, understanding where the market is and where it will be is critical to knowing which direction to take your business.

At EVOLVE, you get access to exclusive predictive macro and market sessions lead by the Enverus Intelligence Research team of industry analysts. These sessions set the stage for the energy industry, describing the impact of supply and demand outlooks, as well as key geopolitical events and investment trends for power markets, renewable energy and oil and gas. You’ll get an understanding of the outside forces and how you should shape your own business strategy in response.

Example sessions for this year include:

How has the supply and demand for different energy sources changed and where do we expect the biggest rate of change in the future?
Six months into a new U.S. administration, how are the energy policies of the next four years expected to differ from the last, and what opportunities does that present for oil and gas and renewables?
A forecast of U.S. load growth from electrification and AI-driven data center demand, insights into dispatch and pricing patterns as the grid evolves, including the Enverus 56-zone hourly load forecast to 2050 and the role of EVs, residential solar and green hydrogen.

You had pure technical sessions, but at the same time you have emerging trends, investor presentations. You have some really great line ups from different parts of the organization or various sectors. It’s been a great day.

Malini Manocha, Head of Center of Excellence, Nabors Industries

2) Uniting the Energy Ecosystem, One Intelligent Connection at a Time

The fact is the energy industry is a complex and connected industry. Renewable projects and oil wells don’t get completed without services businesses that complete the work. Power and oil and gas are stuck without power lines, utilities and midstream companies that move the product, whether its power or molecules, where it needs to go. And the whole industry is funded by the financial investors.

EVOLVE represents energy companies across the entire energy ecosystem—or if you’re speaking Texan, EVOLVE represents all y’all.

In fact, last year 400+ firms across energy operating, investing and servicing the energy industry attended EVOLVE.

This gives you a unique opportunity to forge intelligent connections across all facets of the industry—from production and power markets to investment and automation–and everything in between.

Whatever your role, whatever your business, traditional energy, renewable energy, emerging technologies, or the teams that invest in it all, you will come away equipped with new knowledge and perspectives to maintain focus and achieve success. And you’ll have the opportunity to network and learn from other professionals from other areas of the industry.

“Conferences like EVOLVE help facilitate that and share better practices across the industry and really drive some of those connection points, which is fantastic.”

-Megan Oberly, VP of Marketing and Product Management, H&P

3) Learn from visionary inspiration, understand new technology innovation, gain takeaways on practical advice from your peers

In addition to the macro and market sessions led by the Enverus Intelligence Research team, EVOLVE offers keynote sessions by industry heavy hitters and breakout sessions on the latest technology innovation, including Enverus customer-led sessions featuring real examples how they used technology to solve their biggest problems. This provides you with practical advice on how to apply the latest technologies to your own business to help your business thrive in response to market forces.

A couple of last year’s exciting keynotes featured:

AWS at the Forefront: Science, Collaboration and Energy Evolution Bill Vass, formerly at AWS, for an immersive keynote on Amazon’s scientific strides, spotlighting quantum computing, delving into AWS’ pragmatic approach to energy, and navigating the industry’s transition while maintaining partnerships with oil and gas.

Charting Tomorrow’s Energy Landscape: A Visionary Dialogue with Tech Titans This featured a forward-looking journey with industry titans, including Bill Vass, David Reid (CTO & CMO, NOV), James Brady (Chief Digital Officer, Baker Hughes OFSE) and Travis Osborne (Vice President & Chief Information Officer, Apache Corporation) who are at the forefront of the technology transformation in energy. This year’s conference promises 3 days, 65+ sessions with more than 130 speakers led by industry experts, influencers, executives and thought leaders on policy, technology and energy innovation across five focus areas: macro and markets, oil and gas asset development optimization, power and renewables, carbon innovation, business automation, and trading and risk.

I’m very Impressed with the with the welcome. Impressed with the first panel session that we went to, which was the CIO of Apache. Baker Hughes was also there. They are the visionaries that are telling us where the future is. We’ll always be back.

-Paula Rhinehart, Partner, Boxley Group

To sum everything up, EVOLVE is more than an event; it’s a powerhouse symposium designed to equip you with unmatched foresight in the market, cutting-edge technological know-how, and an extensive network of industry leaders.

EVOLVE 2025 you will have:

To choose from which sessions to attend from an agenda of 65+ sessions with more than 130 speakers
Exclusive access to special sessions offering prescriptive insights that influence operating and investing in energy from the Enverus Intelligence Research team
Access to sessions led by industry experts, influencers, executives and thought leaders on policy, technology and energy innovation across five focus areas: macro and markets, oil and gas asset development optimization, power and renewables, carbon innovation, business automation, and trading and risk
Networking opportunities and a fun after-hours reception with entertainment, food and refreshments

With new changes on the horizon in 2025, don’t miss the opportunity to attend EVOLVE 2025 so you can stay ahead of the charge.

Industries

Highlights

APS’s place in the nationwide energy landscape

Taking the lead in the energy transition

Looking to the future

Highlights:

1) Exclusive access to predictive macro and market sessions led by Enverus Intelligence® Research to inform your strategy

2) Uniting the Energy Ecosystem, One Intelligent Connection at a Time

3) Learn from visionary inspiration, understand new technology innovation, gain takeaways on practical advice from your peers

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