Latest news with #JoseAntonioMiranda
Business Wire
7 hours ago
- Business
- Business Wire
Avangrid, Tyba Complete Pilot to Advance Battery Energy Storage Systems
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced it has successfully completed a strategic pilot project with Tyba, an energy analytics and optimization platform, to enhance its battery energy storage system (BESS) modeling and identify potential locations for siting storage infrastructure across U.S. power markets. The initiative was designed to support Avangrid's evaluation of standalone and hybrid storage assets, improve revenue forecasting, and build internal expertise in the rapidly evolving U.S. storage landscape. 'As energy demand continues to surge across the country, battery storage will become increasingly critical for reliable energy supply,' said Avangrid CEO Jose Antonio Miranda. 'This pilot project with Tyba is just one example of Avangrid's approach to investing in innovative and forward-thinking solutions that enhance our own operations while helping the U.S. meet its energy needs.' 'It has been great to partner with Avangrid as they advance their efforts in the energy storage sector," said Tom Thunell, Tyba's Co-Founder and COO. "When honing an energy storage investment case, it is critical to understand how the battery will get its revenue. Tyba's platform simulates battery operations – informed by experience optimizing over 2GWh of operating storage – to demonstrate not only how much a project may return, but how it will operate to achieve those outcomes.' Throughout the pilot, Avangrid´s teams collaborated closely with Tyba through weekly working sessions and engagement. The project focused on leveraging Tyba's platform to simulate BESS operations across approximately 2,400 locations in seven U.S. regional grid operators and independent system operators. A key innovation in the pilot was the use of new pricing metrics to estimate battery energy storage systems revenue between the highest and lowest electricity prices each day. Tyba's platform enabled Avangrid analysts to screen for price volatility and identify the best locations for siting projects. This provided Avangrid with an enhanced understanding of where battery energy storage systems could provide the greatest return on investment. Tyba's software also allowed Avangrid to simulate BESS operations under different market conditions, using both past and projected electricity prices. It allowed Avangrid to fine-tune battery charging and discharging strategies in real-time, day-ahead, and ancillary services (back-up power) markets, and run hundreds of stimulations tailored to each regional grid operator. Avangrid is constantly evaluating opportunities to meet customer needs by incorporating energy storage into future projects as a key component of its comprehensive, cost-effective energy solutions. About Tyba: Tyba helps energy companies maximize the profitability of energy projects with a unified simulation and operations platform. Developers, owners, and operators use Tyba as their mission control center - to inform and automate energy storage operations, while maintaining the ability to make strategy adjustments with the click of a button. This approach helps their partners maximize project revenue and sustainably scale their portfolios. We believe that profitable renewable energy investments are essential to ensure the clean energy transition. With Tyba, profit maximization and grid decarbonization go hand-in-hand. About Avangrid: Avangrid, Inc. is a leading energy company in the United States working to meet the growing demand for energy for homes and businesses across the nation through service, innovation, and continued investments by expanding grid infrastructure and energy generation projects. Avangrid has offices in Connecticut, New York, Massachusetts, Maine, and Oregon, including operations in 23 states with approximately $48 billion in assets, and has two primary lines of business: networks and power. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.4 million customers in New York and New England. Through its power generation business, Avangrid owns and operates more than 75 energy generation facilities across the United States producing 10.5 GW of power for over 3.1 million customers. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital as one of the JUST 100 companies – a ranking of America's best corporate citizens in 2025 for the fifth consecutive year. The company was named among the World's Most Ethical Companies in 2025 for the seventh consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit
Business Wire
5 days ago
- Business
- Business Wire
Avangrid Achieves Milestone with 80 Power Generation Projects in Operation
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it has placed its 80 th U.S. power generation project into operation, marking a major milestone for the company as it provides energy to homes and businesses in 23 states across the country. Over the past six months, Avangrid announced that it achieved commercial operation on three new solar projects in Texas, Ohio, and California, adding nearly 600 megawatts (MW) to the grid, enough energy to power over 100,000 homes. This achievement builds on Avangrid's commitment to helping the nation meet its growing demand for energy while bolstering the U.S. economy. 'For over two decades, Avangrid has been delivering energy to homes and businesses across the nation, and today that portfolio has grown to 80 facilities spanning from coast to coast,' said Jose Antonio Miranda, Avangrid CEO. 'Achieving this milestone comes at a critical time as we work to bring new energy capacity online to meet growing electricity demand from a variety of sources, particularly the construction of new data centers. In just the past six months, Avangrid has achieved commercial operation at three new projects, demonstrating our ability to meet the needs of our customers and bring needed capacity to increasingly strained electric grids. We will continue to collaborate with our partners as we work to secure American energy independence and support jobs and economic growth across the U.S.' In March 2025, Avangrid announced that it achieved commercial operations at its True North Solar project in Falls County, Texas. This 321 MWdc project is supporting Meta's operations, including its upcoming data center in Temple, TX. In June 2025, Avangrid announced commercial operations at Camino Solar, a 57 MWdc project in Kern County, California as well as commercial operations at Powell Creek Solar, a 202 MWdc project in Putnam County, Ohio. Communities across the country realize tangible economic and social benefits thanks to Avangrid's portfolio of projects. These 80 operating projects supported over 12,000 jobs (direct, indirect, and induced) last year. Additionally, the company's power generation business contributed $112 million in taxes to state and local jurisdictions, paid $97 million in lease payments, and delivered $2.1 million in community support in 2024. Avangrid, including its power generation business and regulated utilities in the Northeast, has also grown its support of U.S. companies through its supply chain, investing $4.3 billion with U.S. companies last year. In Oregon and Washington, for example, Avangrid has a large business office, its National Control Center, National Training Center, and approximately 3.0 GW of generating capacity, representing a key region for the company. Avangrid's operations support approximately 500 jobs and paid nearly $30 million in taxes, combined across both states. 'For many years, Avangrid has been a valuable member of Oregon's business community and has played an important role in providing Oregonians with reliable energy,' said Angela Wilhelms, president and CEO of Oregon Business and Industry. 'Avangrid has been a leader in the energy industry in the Northwest for many years, with a talented local workforce, innovative operations, and competitive solutions for power customers around the country,' said Spencer Gray, executive director of the Northwest & Intermountain Power Producers Coalition. 'I congratulate Avangrid on reaching this milestone and continuing its track record of excellence as an independent power generator.' With energy demand expected to surge over the next decade, largely due to the construction of new data centers, Avangrid's ability to bring new energy projects is vital. The company already has approximately 1.5 gigawatts (GW) of capacity that supports data centers with an additional 650 MW under construction or will be under construction soon. Avangrid is actively working on new projects that will help meet expected energy demand growth in the coming years. In March 2025, Avangrid announced its plan to invest $20 billion in U.S. electrical grid infrastructure through the end of the decade. The plan reflects the critical need to invest in energy infrastructure to meet growing demand, as well as the United States' position as a top investment priority for Avangrid and Iberdrola. About Avangrid: Avangrid, Inc. is a leading energy company in the United States working to meet the growing demand for energy for homes and businesses across the nation through service, innovation, and continued investments by expanding grid infrastructure and energy generation projects. Avangrid has offices in Connecticut, New York, Massachusetts, Maine, and Oregon, including operations in 23 states with approximately $48 billion in assets, and has two primary lines of business: networks and power. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.4 million customers in New York and New England. Through its power generation business, Avangrid owns and operates 80 energy generation facilities across the United States producing 10.5 GW of power for over 3.1 million customers. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital as one of the JUST 100 companies – a ranking of America's best corporate citizens – in 2025 for the fifth consecutive year. The company was named among the World's Most Ethical Companies in 2025 for the seventh consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit
Business Wire
18-07-2025
- Business
- Business Wire
Avangrid Recognized as 'Best Place to Work for Disability Inclusion' by Leading Global Nonprofit
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced it has again been recognized as 'Best Place to Work for Disability Inclusion' as a top scorer in the 2025 Disability Index ® by Disability:IN, the leading global nonprofit for business disability inclusion. Avangrid earned a top score on the Index, reflecting its commitment to promoting disability inclusion and fostering an environment where all employees are empowered and supported for lasting success. Disability Index is the world's most comprehensive benchmarking tool for companies to measure disability workplace inclusion inside their organization and to assess performance across industry sectors. 'Earning the recognition as a Best Place to Work for Disability Inclusion is a true reflection of the progress Avangrid is making through our 2025 Accessibility Project,' said Avangrid CEO Jose Antonio Miranda. 'By implementing supportive employment practices, enhancing company-wide accessibility, expanding equal opportunity initiatives, proactively engaging supplier base, Avangrid is demonstrating its steadfast commitment to an inclusive culture. Accessibility is a core value at Avangrid, connecting us with talent from all backgrounds, challenging us to listen and learn, and laying the foundation for lasting success.' "As we release this year's Disability Index report, we celebrate the continued progress made by businesses around the world. Today, hundreds of the world's leading companies are using this tool to benchmark and drive their disability inclusion efforts. Together, we are creating a global economy accelerated by disability inclusion," said Jill Houghton, President and CEO of Disability:IN. The Disability Equality Index evaluates companies across the five categories below. A score of 100 signifies that Avangrid is excelling against industry standards across the board. The 2025 recognition marks the third year in a row Avangrid has been recognized as a top scorer. Highlight's from Avangrid's 2025 score: Culture & Leadership (30/30): Avangrid continues to demonstrate strong leadership commitment, including executive sponsorship of CARE ERG and public support for disability inclusion. Enterprise-Wide Access (10/10): Avangrid emergency preparedness plans, digital accessibility efforts, and centralized support systems are recognized as best practices. Employment Practices (40/40): Avangrid offers robust benefits, inclusive recruitment practices, and support for employee self-identification. Community Engagement (10/10): Avangrid actively supports disability-focused organizations and initiatives. Supplier Inclusion (10/10): Avangrid has expanded its supplier diversity efforts to include disability-owned businesses and is tracking Tier 2 supplier engagement. This top score results directly from Avangrid's 2025 Accessibility Project. These are structured around four key workstreams: Employment Practices: Enhancing self-ID campaigns, recruiter training, and candidate interview accommodations. Enterprise-Wide Access: Strengthening American with Disabilities Act compliance, tracking accommodation metrics, and emergency preparedness. Equal Opportunity: Expanding partnerships, mentoring programs, and centralized accommodation funding. Supplier Program Expansion: Increasing engagement with disability-owned businesses and aligning with corporate responsibility goals. Avangrid recognizes that disability is a lived experience that any of us may encounter, which is why it is deeply committed to fostering an accessible and welcoming workplace—empowering all employees to thrive and be their best selves throughout every stage of their life journey. Avangrid continues to expand opportunity and inclusion into 2026 and beyond, working to remove all barriers and create a truly stigma-free environment. To learn more about equal opportunities at Avangrid, visit: Equal Opportunity - Avangrid. The Disability Index is the leading independent, third-party resource for the annual, confidential benchmarking of disability inclusion policies and programs in business. Now trusted by over 70% of the Fortune 100 and nearly half of the Fortune 500, the tool helps companies determine data-driven actions that can achieve tangible business impact. For 2025, participation and scored benchmarks are open to companies operating in Brazil, Canada, Germany, India, Japan, the Philippines, the United States and the United Kingdom. About Avangrid: Avangrid, Inc. is a leading energy company in the United States working to meet the growing demand for energy for homes and businesses across the nation through service, innovation, and continued investments by expanding grid infrastructure and energy generation projects. Avangrid has offices in Connecticut, New York, Massachusetts, Maine, and Oregon, including operations in 23 states with approximately $48 billion in assets, and has two primary lines of business: networks and power. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.4 million customers in New York and New England. Through its power generation business, Avangrid owns and operates more than 75 energy generation facilities across the United States producing 10.5 GW of power for over 3.1 million customers. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital as one of the JUST 100 companies – a ranking of America's best corporate citizens in 2025 for the fifth consecutive year. The company was named among the World's Most Ethical Companies in 2025 for the seventh consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit
Business Wire
15-07-2025
- Business
- Business Wire
Avangrid Joins Electric Power Research Institute's Open Power AI Energy Consortium
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced it has joined the Electric Power Research Institute's (EPRI) Open Power AI Energy Consortium, a global initiative to bring together utilities, researchers, and technology leaders to collaborate on the responsible development and deployment of artificial intelligence (AI) solutions across the energy industry. As part of the consortium, Avangrid will contribute to joint research projects, engage in peer working groups, and help define best practices for AI governance in utility applications. 'Joining the Electric Power Research Institute's Open Power AI Energy Consortium underscores Avangrid's commitment to responsibly developing and deploying groundbreaking AI tools that contribute to a resilient and reliable energy grid,' said Avangrid CEO Jose Antonio Miranda. 'We will continue to partner with key leaders in innovation and technology to enhance our operations, empower our workforce, and deliver the greatest value for our customers.' "By collaborating with global industry leaders through the Open Power AI Consortium, we're accelerating the use of AI to strengthen the energy sector," said Jeremy Renshaw, Executive Director of AI and Quantum at EPRI. "EPRI is dedicated to delivering safe, secure, resilient, and AI-driven solutions to help shape the future of energy through proven, repeatable best practices that drive innovation and impact." By joining the consortium, Avangrid strengthens its commitment to innovation and digital transformation as a key power generator and utility. The consortium will serve as a platform to explore safe, ethical, and scalable uses of AI, focusing on areas such as grid resilience, asset optimization, customer experience, and electrification. EPRI's Open Power AI Energy Consortium was launched to promote cross-sector collaboration, knowledge sharing, and applied research on AI technologies tailored for energy systems. The initiative addresses core challenges such as data governance, AI model reliability, cybersecurity, and the human-AI interface in critical infrastructure. The consortium focuses on three primary areas: Develop and maintain open-source AI/Gen AI domain-specific models, datasets, libraries, optimized to address power sector-specific challenges. Create a sandbox environment to develop and validate AI applications (use cases) in collaboration with startups, academia, national labs, utilities, and technology companies. Deploy AI models leveraging global resources and expertise and incorporate lessons learned to accelerate innovation and de-risk deployment. About Avangrid: Avangrid, Inc. is a leading energy company in the United States working to meet the growing demand for energy for homes and businesses across the nation through service, innovation, and continued investments by expanding grid infrastructure and energy generation projects. Avangrid has offices in Connecticut, New York, Massachusetts, Maine, and Oregon, including operations in 23 states with approximately $48 billion in assets, and has two primary lines of business: networks and power. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.4 million customers in New York and New England. Through its power generation business, Avangrid owns and operates more than 75 energy generation facilities across the United States producing 10.5 GW of power for over 3.1 million customers. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital as one of the JUST 100 companies – a ranking of America's best corporate citizens in 2025 for the fifth consecutive year. The company was named among the World's Most Ethical Companies in 2025 for the seventh consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit
