Granite Shore Power Analysis
What is Granite Shore Power?
Reliable energy generation for New Hampshire
Employees
51-200
Founded
2017
Industry
Renewable Energy
Product Features & Capabilities
- Electricity generation from multiple generating stations
- Compliance with regulatory energy standards
- Commitment to renewable technology advancement
Use Cases
Providing reliable electricity during peak demand; Supporting energy needs on cold nights and hot days; Operating in compliance with regulatory requirements; Advancing renewable technologies for energy infrastructure; Ensuring safety and well-being of employees and visitors
Competitors
- Oak Point Energy Associates - A consulting firm specializing in the electricity, renewable energy, and natural gas markets. They have been serving clients since 2003 and provide expertise to renewable energy generation owners, developers, and large end-users.
- Upstate Utilities - No specific information was found regarding Upstate Utilities in the current search. Further investigation may be needed to gather details about this company.
- Bairds Energy Solution Team - Baird's Energy team offers innovative advisory, M&A, and capital markets solutions across the full spectrum of energy services, equipment, and technology sectors.
Sustainability Initiatives
Granite Shore Power is engaged in several sustainability initiatives, including the redevelopment of its power plant site to facilitate multiple sources of clean energy manufacturing, such as a solar farm, battery storage, green biodiesel, and hydrogen. The company is transitioning from coal-fired power plants to renewable energy sources, demonstrating a commitment to clean energy and responsible operational practices. They have set a voluntary closure date for coal-fired operations as part of their long-term repowering plan.
Recent News
Granite Shore Power is involved in significant developments in the energy sector, particularly regarding the transition from coal to renewable energy. The company has announced a historic agreement with the U.S. Environmental Protection Agency to transform its Merrimack Station in Bow and Schiller Station in Portsmouth into renewable energy parks. This transition marks a significant step in New England's shift away from coal, as these plants are among the last operating coal facilities in the region. The company is actively working to advance renewable technologies as part of its commitment to the region's energy infrastructure.
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