Southern Maine — Energy Storage & Project Development

Independent Power and Renewable Energy LLC

Energy storage feasibility studies and project development for transit authorities, utilities, and industrial clients.

About IPRELLC

Independent Power and Renewable Energy LLC (IPRE)

IPRE is a consulting and development company located in Southern Maine. Its Principal, William Franks, has more than 50 years’ experience in the USA, Europe and the Far East. Mr. Franks played a key role for the European Bank for Reconstruction and Development developing the conditionality for loans to complete the Rivne and Khmelnitsky pressurized water nuclear reactors. He also has project development expertise, including nuclear commodity procurement (uranium and SWU), project finance, biogas development, and energy storage.

Regarding EBRD, closure of the last operating units at Chernobyl was a condition of the loans. He was also EBRD’s representative who, together with the European Union, oversaw the privatization of the Ukrainian local electric distribution companies.

More about IPRE

Portrait of Bill Franks, IPRE's Principal.

Meet Mr. Franks

Mr. Franks holds an M.S. in Nuclear Engineering from Columbia University and a B.S. in Physics from Principia College.

Our Recent Work

IPRE has carried out or made major contributions to studies of:

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A Long Island Rail Road commuter train arriving at a grade crossing.

Rail Energy Storage

Commuter Rail Energy Savings

A study of the energy savings potential on the Long Island Railroad employing Stornetic flywheels for recovering energy from recuperative braking.

A New York City Transit "7" subway train arriving at an elevated station, with the Manhattan skyline in the background.

Rail Energy Storage

Metro Energy Savings

A study of energy savings potential on the New York City Transit System for recovering energy from recuperative braking on New York City subways. This included preparing applications to New York Energy Research and Development Authority for a proof of concept demonstration. This work is ongoing.

Illustration of solar panels, wind turbines, and battery storage units connected to power transmission lines.

Grid Stabilization

Micro Grid

A study of frequency control for the New Jersey TransitGrid employing Stornetic flywheels on a large microgrid that New Jersey Transit will construct using FTA financing.

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