December 5, 2018 - 7:19 PM EST
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Horizon Power Selects PXiSE To Manage Distributed Energy Resources In Western Australia

SAN DIEGO, Dec. 5, 2018 /PRNewswire/ -- PXiSE Energy Solutions, LLC, a unit of Sempra Energy (NYSE: SRE), today announced it has been selected by Horizon Power to install PXiSE's Active Control Technology (ACT) as the distributed energy resources management system (DERMS) in Western Australia.

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PXiSE's DERMS will provide the platform for Horizon Power to manage distributed energy resources in the future across its approximately 888,000-square-mile service area while enhancing efficiency and maintaining reliability of its electric grid. Financial terms of the agreement were not disclosed.

"Horizon Power has a great vision for how to meet its customers' future energy needs and we look forward to being part of it," said Patrick T. Lee, president of PXiSE Energy Solutions. "Our DERMS solution will give Horizon Power the tools it needs to manage the grid as more customers install distributed solar and storage resources."

PXiSE's DERMS will provide Horizon Power with continuous, high-resolution visibility into the operations of the solar panels, batteries and generators. The platform will automatically respond to conditions on the grid by discharging power stored in batteries to correct any real-time disturbances and ensure a smooth, two-way flow of electricity across its systems.

"With increasing customer demand for behind the meter energy resources, we will need innovative technology to enable us to efficiently manage the resources while maintaining our highest safety and reliability standards," said Terry Mohn, general manager of Advanced Microgrid Developments for Horizon Power. "PXiSE's flexible and comprehensive DERMS solution was selected because it offers innovative new technology for Western Australia that will serve as a platform to increase renewable capacity."

The deployment of PXiSE DERMS solution will enable Horizon Power to manage and orchestrate various distributed energy resources and further transition to a higher percentage of renewable resources.

The PXiSE Active Control Technology platform runs on a standard Microsoft Windows platform and uses an imbedded OSIsoft software and synchro-phasor data to enhance, analyze and respond to grid data from numerous power resources. The continuous higher-resolution visibility and artificial intelligence balances a mix of renewable energy, storage and traditional generation on the electrical grid.

The PXiSE software application currently controls distributed energy resources at renewable energy projects, including Auwahi Wind in Hawaii and in microgrids at Sempra Energy's headquarters in San Diego and a winery in Sonoma County, California. To find out more, visit www.pxise.com.

About Horizon Power
Horizon Power is a Western Australian State Government-owned, commercially-focused corporation that provides high quality, safe and reliable power to more than 48,000 customers located in regional and remote communities.

The utility's service area is vast – approximately 2.3 million square kilometers – which means Horizon Power generates, distributes and retails electricity to the largest service area with the least amount of customers in the world. For every 50 square kilometers of terrain, there is just one customer.

About PXiSE
PXiSE Energy Solutions LLC., headquartered in San Diego, is a subsidiary of Sempra Energy and partially owned by Mitsui & Co., Ltd. Formed in 2016, the company develops, operates and markets ACT, a next-generation software power-grid management technology for renewable energy developers and operators, grid operators, commercial property owners and microgrids. To find out more, visit www.pxise.com.

This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or when we discuss  our guidance, strategy, plans, goals, vision, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements.

Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the California Public Utilities Commission, U.S. Department of Energy, California Department of Conservation's Division of Oil, Gas, and Geothermal Resources, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency, Pipeline and Hazardous Materials Safety Administration, Los Angeles County Department of Public Health, Public Utility Commission of Texas, states, cities and counties, and other regulatory and governmental bodies in the U.S. and other countries in which we operate; the timing and success of business development efforts, major acquisitions such as our interest in Oncor, and construction projects, including risks in (i) timely obtaining or maintaining permits and other authorizations, (ii) completing construction projects on schedule and on budget, (iii) obtaining the consent and participation of partners and counterparties and their ability to fulfill contractual commitments, and (iv) not realizing anticipated benefits; the resolution of civil and criminal litigation and regulatory investigations; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; denial of approvals of proposed settlements; and delays in, or disallowance or denial of, regulatory agency authorizations to recover costs in rates from customers or regulatory agency approval for projects required to enhance safety and reliability; and moves to reduce or eliminate reliance on natural gas; the greater degree and prevalence of wildfires in California in recent years and risk that we may be found liable for damages regardless of fault, such as where inverse condemnation applies, and risk that we may not be able to recover any such costs in rates from customers in California; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid, limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; risks posed by actions of third parties who control the operations of our investments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause wildfires and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses and the confidentiality of our proprietary information and the personal information of our customers and employees; our ability to successfully execute our plan to divest certain non-utility assets within the anticipated timeframe, if at all, or that such plan may not yield the anticipated benefits; actions of activist shareholders, which could impact the market price of our equity and debt securities and disrupt our operations as a result of, among other things, requiring significant time and attention by management and our board of directors; changes in capital markets, energy markets and economic conditions, including the availability of credit and the liquidity of our investments; and volatility in inflation, interest and currency exchange rates and commodity prices and our ability to effectively hedge the risk of such volatility; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; actions by credit rating agencies to downgrade our credit ratings or those of our subsidiaries or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; changes in foreign and domestic trade policies and laws, including border tariffs, and revisions to or replacement of international trade agreements, such as the North American Free Trade Agreement, that may increase our costs or impair our ability to resolve trade disputes; the ability to win competitively bid infrastructure projects against a number of strong and aggressive competitors; expropriation of assets by foreign governments and title and other property disputes; the impact on reliability of San Diego Gas & Electric's (SDG&E) electric transmission and distribution system due to increased amount and variability of power supply from renewable energy sources; the impact on competitive customer rates due to the growth in distributed and local power generation and from possible departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation or other forms of distributed and local power generation and the potential risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory capital requirements and commitments, or the determination by Oncor's independent directors or a minority member director to retain such amounts to meet future requirements; and other uncertainties, some of which may be difficult to predict and are beyond our control.

These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov. Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise.

Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission.

Media Contact:

Paty Ortega Mitchell


Sempra Renewables


877-855-7887


press@sempraglobal.com

 

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SOURCE PXiSE Energy Solutions, LLC


Source: PR Newswire (December 5, 2018 - 7:19 PM EST)

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