New York, NY — ABB of Zurich, Switzerland, a power and automation technology group, has won the Platts 2003 Global Energy Award for its part in developing the world’s most powerful storage battery system.
The “Energy Engineering Project of the Year” accolade was awarded for the Battery Energy Storage System (BESS) in Fairbanks, Alaska, owned by the Golden Valley Electric Association (GVEA). The battery was energized in August.
Nearly 400 top executives gathered in New York on Dec. 12, 2003 to honour the energy industry’s “Best of the Best.” The Platts Global Energy Awards showcases extraordinary accomplishments from energy business worldwide.
“We are pleased to receive this kind of recognition for this high-end power transmission component,” said Peter Smits, head of ABB’s Power Technologies division. “The BESS will stabilize the local grid and reduce the number of outages for Golden Valley’s customers by 65%.”
The BESS will produce up to 27 MW of power for 15 minutes in the event of an outage, allowing the utility enough time to bring backup generation on line. For a shorter time, the BESS can even produce up to 46 MW. The voltage source converter at the heart of the electrical system comprises standardized Power Electronic Building Blocks (PEBB). This innovative concept was jointly developed by ABB and the U.S. Office of Naval Research.
Now in its fifth year, the Platts Global Energy Awards have become the most prestigious awards program in the industry. There were nearly 200 nominations from every continent and every field of energy in this year’s competition. The Energy Engineering Project of the Year Award recognizes innovation, practicality, and commitment to safety and the environment.
The 2003 awards are sponsored by CapGemini Ernst & Young, BusinessWeek and Kiewit Industrial Company. Platts and BusinessWeek are both divisions of The McGraw-Hill Companies. Platts received nearly 200 nominations from energy companies around the world.
The winners in each category are:
Energy Company: Entergy Corp.
CEO: J. Wayne Leonard, Entergy Corp.
Power Company: Unified Energy System of Russia
Coal Company: Peabody Energy
Gas Company: AGL Resources
Oil Company: ExxonMobil Corp.
Energy Engineering Project: ABB
Information Technology: Genscape
Marketing Campaign: Georgia Power
Most Successful Strategy Shift: MidAmerican Energy Holdings Company
Successful Entrepreneurial Investment: E+Co
Renewable Company: FPL Group
Community Development Program: Eskom
Most Innovative Commercial Technology: GE Power Systems
Most Promising Pre-Commercial Technology Development: American Superconductor Corporation.
The 2004 call for nominations begins June 1, 2004. Visit www.globalenergyawards.com for more information. For information about Platts, visit www.platts.com.