Redwood City Installs Energy Storage Systems
Green Charge Networks signed an agreement with Redwood City, Calif., to install its GreenStation smart-grid-enabled energy storage systems at two facilities to offset demand charges.
California is requiring its three largest utilities to install 1.3 GW of energy storage by 2020. A big motivation for enterprises is demand charges, says Green Charge Networks: over the past decade, demand charges in California have been growing by more than 7 percent annually, accounting for 50 percent of the electric bills for many institutions.
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