Combined Cycle Journal Honors CPV with 2018 Best Practices Award

CPV recognized for commitment to grid modernization with deployment of new processes and technologies

Silver Spring, Maryland — June 6, 2018— The Combined Cycle Journal (CCJ) recently announced that Competitive Power Ventures is the winner of its 2018 Best Practices Award in the category of predictive analytics and monitoring and diagnostics (M&D) centers.

The Best Practices Awards are part of CCJ’s industry-wide recognition program for owners and operators of electric-generation facilities powered by combustion turbines. The winning proposal “CPV Captures Continuous Improvement with a Standardized Lessons Learned Platform” was selected by a panel of judges composed of industry leaders in asset management. CCJ unveiled CPV as a winner of its 2018 Best Practices Awards at their recent conference in Atlanta, Georgia.

“We are pleased to recognize CPV’s fleet for its achievements in the field of M&D in CCJ’s 2018 Best Practices Awards program,” said Scott Schwieger, CCJ senior editor. “CPV has clearly demonstrated it is at the forefront of finding solutions for improved reliability through its innovative application of a lessons learned platform.”

CPV’s standardized platform allows its asset management, construction and plant operations teams at each of its power plants to submit and share lessons learned. The platform also allows CPV to incorporate industry best practices collected from user groups and professional publications. The quick access to pertinent information helps CPV’s operations teams maintain high availability and reliability at each plant.

“We are honored that the Combined Cycle Journal has recognized CPV’s commitment to modernizing America’s electric grid,” said CPV CEO Gary Lambert. “By utilizing industry leading processes and technologies, we can help maintain the world’s most reliable grid as it transforms into a lower carbon future.”

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About Competitive Power Ventures Competitive Power Ventures (CPV) is uniquely positioned to leverage global technology and financial partnerships to help modernize America’s power generation. Together with our investors, partners, host communities and other key stakeholders, we are driven to improve our energy infrastructure by developing and operating power generation facilities using cutting edge, domestically available natural gas and renewable power technologies. Headquartered in Silver Spring, MD, with offices in Braintree, MA, and San Francisco, CA, the company has successfully developed or monetized 21 projects totaling 13 GW of 2 natural gas-fired and renewable generation assets. The company’s Asset Management division currently manages 7,775 MW of fossil and renewable generating facilities in nine states for 10 different owner groups. For more information: Follow CPV on Twitter: @CPVEnergy

Jennifer Villarreal
Manager, CPV Corporate Communications
(781) 817-8978