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One Energy

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One Energy Enterprises
Company typePrivately held
IndustryWind energy and utilities
Founded2009
FounderJereme Kent, CEO
Headquarters,
U.S.
ServicesFinancing, developing, engineering, procuring for, constructing, and operating industrial power projects
Number of employees
50+[1]
Websitehttps://oneenergy.com/

One Energy Enterprises, doing business as One Energy, is a private American industrial power company headquartered in Findlay, Ohio, that constructs, owns and operates industrial power systems and infrastructure. It is the largest installer of on-site megawatt-scale wind energy in the United States, responsible for over 40% of all distributed wind energy installed in the United States in 2019.[2]

The company has developed multiple energy services aimed at helping its customers directly power industrial operations. In addition to its Wind for Industry and Managed High Voltage services, One Energy also designed and installed the first fully digital, transmission-voltage substation in 2023.[3]

History

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One Energy was founded in 2009 in Marshall, Minnesota.[4] In 2011, the company moved its office to Findlay, Ohio, where it installed a project for Cooper Farms in Van Wert, Ohio.[5] Since then, One Energy has continued to develop projects consisting of typically 1-3 wind turbines (each 1.5 MW) of on-site wind energy for industrial energy users.

Other companies under One Energy include One Energy Solutions LLC, One Energy Capital LLC, and One Energy Capital Corporation. The company's customers include Fortune 500 companies.[6] In 2014, the company began its "Megawatt Scholarship" program, which offers a $5,000 scholarship per turbine per year to local high school graduates pursuing a degree in a STEM field.[7] In August 2017, Goldwind Americas signed a deal with One Energy to deliver up to 60 MW worth of turbine parts, which One Energy stocks at the North Findlay Wind Campus to be used for lower lead time with future projects.[8][9][10]

Products and Services

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Wind for Industry

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The company's main service, named Wind for Industry, describes wind energy projects in which utility-scale wind turbines are installed on-site and interconnected on a facility's side of their utility meter (a process known as distributed generation or behind-the-meter wind, which sometimes follows net metering[11]). These projects are designed to achieve a significant reduction of an industrial facility's electrical consumption from the grid.

One Energy Wind for Industry" outside blue office building with wind turbine in background
One Energy's headquarters at the North Findlay Wind Campus

Capabilities

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One Energy is a vertically integrated company, capable of financing, developing, engineering, procuring for, constructing, and operating projects.[1] The company completes conceptual engineering in-house, referring to third-party engineers for quality control.[12] Due Diligence conducted in-house includes financial projections and modeling, custom studies, management of permitting and utilities, as well as wind mapping and analysis.

One Energy typically offers companies a Power purchase agreement (PPA), which allows customers to pay a fixed rate for the energy produced by the project for the 20-year duration of production.[1] With the PPA financial method, One Energy covers capital expenditure for the project. Alternatively, customers may choose to purchase the turbines upfront, supplying capital expenditure themselves.[5] Renewable Energy Credits (RECs) can also be involved.[13] Proprietary software tools created by the company are used to execute studies regarding sound, microwave, shadow flicker, ice throw, and wake interference for potential turbine sites. One Energy obtains land and FAA permits on behalf of their clients, permits utility interconnection, and serves as a liaison between customers and local authorities.

References

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  1. ^ a b c Daughters, Gary (May 2018). "Power Lunch: A Craving to Jolt the Energy Landscape". Site Selection Magazine. Retrieved May 17, 2018.
  2. ^ "U.S. Department of Energy Distributed Wind Market Report: 2023 Edition" (PDF). www.energy.gov. Retrieved October 31, 2024.
  3. ^ "One Energy Enterprises' Digital Substation In Findlay, Ohio, Energized And Operational". T&D World. September 7, 2023. Retrieved October 31, 2024.
  4. ^ One Energy. "Our Team". One Energy corporate website. Retrieved May 18, 2018.
  5. ^ a b Everett, John (2013). "Cooper Farms". Green Energy Ohio News Magazine. Archived from the original on 2018-06-14.
  6. ^ Wind Energy Technologies Office (April 2018). "2017 Distributed Wind Market Report Fact Sheet" (PDF). U.S. Department of Energy. Office of Energy Efficiency and Renewable Energy.
  7. ^ "Wind turbine company offers scholarships to STEM students". Chicago Tribune. April 4, 2018. Retrieved May 14, 2018.
  8. ^ Editors of Power Engineering (August 9, 2017). "Goldwind Provides 60 MW to One Energy for Distributed Generation". Power Engineering. Retrieved May 17, 2017. {{cite news}}: |last= has generic name (help)
  9. ^ Froese, Michelle (August 9, 2017). "Goldwind signs 60-MW turbine order with One Energy for distributed wind projects". Wind Power Engineering and Development. Retrieved June 6, 2018.
  10. ^ "Zero Carbon Ahead Part 3: The Global Business Frontline". NHK World Japan. March 4, 2018. Retrieved May 17, 2018.
  11. ^ "Distributed Wind | Department of Energy". www.energy.gov. Retrieved 2018-06-01.
  12. ^ "How Wind for Industry Works". One Energy corporate website. Retrieved May 18, 2018.
  13. ^ One Energy. "The Bottom Line". One Energy corporate website. Retrieved June 1, 2018.
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