Pacific Gas & Electric (PG&E) today announced they will turn to battery storage for energy efficiency. PG&E will turn to EDF Renewable Energy (EDF RE) to secure 40 megawatt hours (MWh) of battery storage capacity. Under the contract, EDF RE will build, own and operate a portfolio of behind-the-meter (BTM) battery storage projects for commercial and industrial customers within the PG&E service territory
The contract will allow EDF RE to assist selected PG&E customers to lower their utility bills by reducing demand charges, maximizing consumption during off-peak hours, and collecting revenue from wholesale market participation. Each project will optimize the host customer’s energy usage and operating costs by utilizing EDF’s proprietary PEGASE Energy Management System (EMS) to strategically operate the batteries.
“As our clean energy portfolio grows, so does the importance of storage technology,” said Martin Wyspianski, PG&E Senior Director for Energy Portfolio Procurement and Policy. “These contracts and the storage capacity they represent will help us better integrate our growing renewable generation sources, and bring increased reliability to the grid. They are an important milestone in our progress toward a clean energy future.”
Raphael Declercq, Vice President of Portfolio Strategy at EDF RE, commented, “This contract will enable EDF RE to demonstrate its capabilities in the California storage market.”
As utilities across North America consider how to meet future electricity demands by providing highly reliable energy at the lowest cost to the ratepayer, distributed generation and storage solutions are becoming an economical and attractive approach. Battery storage, in particular, is playing a progressively important role for California as investor-owned utilities work to achieve the state’s ambitious goal to procure 1,325 MW of storage by 2020.
Energy Storage in the News
Just this month, New York Governor Andrew Cuomo signed a bill to create a statewide energy storage target, making New York the fourth state in the country that will have such a target. The bill to establish an energy storage deployment program was passed unanimously by the legislature five months ago. Cuomo signed it last week. Under the new law, the New York Public Service Commission has until January 1, 2018 to determine a target level for 2030 and decide whether it will be mandatory.
And in November it was announced that commercial and industrial sector energy storage projects in Canada are set to go into high gear. The Swiss investment group SUSI Partners signed a deal for US $94.22 million (C $120 million) with Toronto-based energy storage project developer and owner NRStor Inc. The investment comes from the SUSI Energy Storage Fund, which offers institutional investors opportunities in proven energy storage technologies and business models, with a preference for OECD countries.
Vendors mentioned in this article:
- Pacific Gas & Electric
- EDF Renewable Energy
- SUSI Partners
- NRStor Inc.
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