We are excited to share that Tangibl is growing. To accommodate our expansion we have moved our headquarters to a larger office in our Radnor, PA building. Please note our new address: Tangibl 201 King of Prussia Road, Suite 110 Radnor, PA 19087 Our phone number has also changed. You can reach us at 610-255-2533 ..read more

Although interest rates are at a plateau and inflation is moderating, utilities are facing a new challenge: the impact of mild weather. For companies that do not have decoupled rates—for example, those with a higher dependency on fixed charges rather than volumetric levels for revenue, which is the majority of companies—weakened performance has increased pressure on already strained expense budgets. We have seen this before, many times over the last few decades. But what is different now is the presence of the largest capital programs seen since the nuclear buildout of the 1970s and 1980s. Whi ..read more

The energy transition is happening … and it is presenting some challenges Over the 2022 Christmas holiday weekend PJM Interconnection, one of the largest U.S. electrical grid operators, narrowly averted plunging the 65 million people it serves into darkness. Myriad issues including extreme weather conditions (especially a very significant temperature drop in an extremely short period of time) resulted in unexpected levels of demand that the company wasn’t prepared to handle. Thankfully, PJM was able to avoid rolling blackouts by curtailing exports to neighboring regions and calling for conserv ..read more

During final preparations for the holiday season late in the afternoon of Friday December 23, my daughter (who had an internship at PJM Interconnection a few years ago while in college) showed me a screenshot of actual load for all of PJM diverging upward from the forecast load (internships do make lasting impressions on young people as they begin their careers - a topic for another day). A visit to the PJM Markets & Operations dashboard at 5:03 PM showed some interesting visuals: The entire PJM map was a dark raspberry color indicating Locational Marginal Price (LMP) > $500/MWh - ev ..read more

Silicon Power Corporation (Silicon Power) and Tangibl Group, Inc. (Tangibl) have partnered to develop engineered-system solutions for facilities that value high levels of power quality and continuity. As onshoring and re-industrialization take hold in this decade, these fully engineered installations will serve the emergent needs of critical industrial, transport and government facilities. Silicon Power’s Sub-Cycle Transfer Switches (STS) at medium voltage provide a superior power quality experience for critical loads, providing uninterrupted operations for mission critical power needs in a wi ..read more

For much of the 21st century, load growth has been flat - or in some periods - slightly negative. Load forecasts in regions such as PJM tended to overshoot reality as demand response and energy efficiency gained traction in the early 2000s. Reserve margins grew as renewable interconnections nearly quadrupled in the last few years. Two phenomena have the potential to change this trend: Transportation electrification, and Re-shoring / On-shoring of high-value and critical manufacturing. Direct incentives and subsidies for charging stations and fleet vehicles (e.g. school buses) will create ..read more

For years, solar facilities have been eligible for an investment tax credit (ITC) of 30%.  Battery energy storage facilities, however, could only access this credit if they were paired with solar facilities, and if the batteries were recharged from the solar facilities.  Apart from the inability to access the financing mechanisms used for solar development, this requirement inhibited storage facilities’ ability to fully arbitrage energy pricing in organized markets.  In other words, overnight Locational Marginal Prices (LMP) that were low (in some cases, negative) relative to da ..read more

We’re all familiar with the term “supply chain,” a phrase used in our industry much like “aging infrastructure,” that has become a part of everyday conversation. And we all have had our individual, personal experiences navigating disruptions to the supply chain in our daily lives, as well as in the roles each of us perform in the power and utility sectors. But what are the numbers - just how bad is the problem? At a conference this past month, a major distributor of equipment and material to utilities laid out how much inflation and demand have impacted pricing and availability. A few examples ..read more