HGP Storage is a (real) Texas company providing distributed battery-based, utility-scale energy storage systems. Founded in 2013, it has “successfully developed over 20+ sites and closed over 200 MW of distributed energy projects,” according to its web site.
And they just teamed up with Enron, reports the Houston Chronicle:
The company that took over the defunct Enron brand, led by a “Birds Aren’t Real” cofounder [28-year-old Connor Gaydos]held a mostly satirical quarterly earnings call Thursday afternoon but gave updates to an application to become a legitimate Texas energy provider… DJ Withee, chief operating officer and legal counsel at HGP Storage, a company developing utility-scale battery storage farms, was introduced as Enron’s vice president of energy service. Withee said he was brought on by Gaydos to set up the customer-facing energy services business.
Enron Energy Texas LLC, a subsidiary of Enron, filed to become a Texas retail electric provider in January. Gaining this designation would allow Enron to sell electricity plans to Texas consumers. “Our business model is actually going to be very simple,” Withee said. “We buy wholesale electricity, just like everybody else, but because of our efficiency, because of our use of technology, we are going to have lower costs than our competitors. Lower costs means greater savings that we can pass back to our customers….” According to Withee, Enron’s goal is to provide energy at a competitive lower cost that will not only make energy more accessible but also push other Texas retail companies to drop their own prices…
Enron’s filing in January included sworn and notarized affidavits from a man named Gregory Forero, who was identified in the documents as vice president of Enron Texas Energy LLC. Forero is the founder and CEO of HGP Storage.
“Forero, who signed his name to three sworn affidavits attesting to the accuracy of the application, could risk perjury charges if the statements of intention to start a legitimate retail electric company are found to be false, according to the Texas Penal Code…”
But does this replace Enron’s plans to sell egg-shaped home nuclear reactors?
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