Energy Solutions Growth
Tenaska Energy Solutions (TES) was created to serve customers who could benefit from a broad array of Tenaska-driven solutions, including generation assets, market knowledge, operational expertise, development capabilities and energy management services.
Over the course of 2021, TES continued to expand its efforts to help customers advance energy solutions, focusing on two key areas: colocation and distributed generation. TES has proven to be a leading developer of interconnection resources for high-density energy users, drawing on the company’s strengths in energy site development, energy management solutions and financial backing.
Energy users seeking to optimize their siting needs took notice — including Core Scientific, the largest blockchain infrastructure and digital asset mining firm in the United States. Core elected to contract with Tenaska for the development of a 300-megawatt (MW) blockchain data center and to provide energy advisory services for the project located in the City of Denton, Texas. Core will retire renewable energy credits for all power used to ensure it is carbon free. Tenaska negotiated the power supply agreement with Denton Municipal Energy and is supplying interconnection and transformer equipment while serving as the project’s energy advisor and overseeing the facility’s integration into the ERCOT grid.
Distributed generation — which allows for the generation of electricity onsite, rather than generating in a large, centralized facility and transmitting over the electric grid — is another growing area of focus. Commercial and industrial customers pursuing distributed generation can access Tenaska’s net metering solutions, tax equity investments and development expertise to help support their sustainability and reliability goals.
Unique And Structured Solutions
Natural Gas, Wind, Solar, Energy Storage
For High Density Electrical Load
Tenaska’s Energy Solutions team leverages the strengths of the broader Tenaska organization and its existing generation resources to create integrated solutions for each customer’s unique needs. Energy Solutions supports customers ranging from load-serving entities to large-scale commercial customers and industrial facilities.
Load Serving Transactions
TES is a leading developer of interconnection solutions for high-density energy users. Our strengths include:
Energy site development including transmission analysis
Engineering and equipment sourcing
Energy management solutions including ability to act as Retail Electrical Provider
Through its development capabilities and investment partnerships, TES provides distributed generation solutions for large commercial and industrial customers, including those with complex energy and ESG needs. Our strengths include:
Three decades of fossil and renewable generation development experience
Over 2 gigawatts (GW) of standalone storage development experience
Ability to deploy equity and tax equity
Energy management solutions with over 75 GW of generation and load currently managed
Innovative and creative deal structuring optimizing generation and load for increased customer value
The energy industry is evolving and innovating. Tenaska’s industry experience and expertise have been invaluable in helping Denton Municipal Electric establish a flexible and dynamic colocation project with Core Scientific.TERRY NAULTY
Assistant General Manager, Denton Municipal Electric
A new year brought new opportunities for TES to customize solutions for customers, working with other business lines across Tenaska to meet an array of needs. In Texas, that included the blockchain and digital asset mining space — a growing and energy-intensive industry.
Tenaska Energy Solutions, the City of Denton and Core Scientific agreed to develop a 300-MW blockchain data center in Denton, Texas. Core will retire renewable energy credits for all power used to ensure it is carbon free. When completed, the project will serve hundreds of megawatts of power load while remaining 100% net carbon neutral.
Offices & Contact Information
The Point At Las Colinas
300 E. John Carpenter Freeway
Irving, Texas 75062-2389