With California’s aim of decarbonizing its electrical energy sector by 2045, the state has an enormous alternative to leverage its nation-leading fleet of behind-the-meter batteries to help grid reliability and drive renewable progress.
C&I Photo voltaic Month, sponsored by:
With our eyes on the horizon and our boots within the dust, Terrasmart is ready to present true agnostic options, in each product and know-how, for any terrain. Learn how.
Renewable power mission proprietor and developer Ventura Energy is engaged on a five-site portfolio of standalone power storage tasks, deployed at vital water amenities, that may take part within the wholesale power markets and supply grid help. They’re able to do that by using the providers of Leap, a supplier of power market entry for distributed power assets, and Energy Toolbase‘s Acumen EMS controls software program.
The portfolio is made up of 5 websites, totaling 3.7 (MWh) using Tesla Powerpack power storage programs. Ventura’s revolutionary project-financing mannequin makes use of projected grid providers revenues to ship cheaper backup energy to its prospects.
“We’re excited to get these tasks energized, show out this mannequin, after which repeat this performance-based income share construction on future tasks,” mentioned Clara Nagy McBane, the Founder and Proprietor of Ventura Vitality.
How does this work? The Ventura Vitality portfolio in Southern California will leverage Acumen EMS and Leap’s platform to bid its price-responsive load into CAISO, delivering zero-carbon power when dispatched and offering much-needed Useful resource Adequacy to the utility.
The tasks will enroll and make nominations into California’s Demand Response Public sale Mechanism (DRAM) program, which is a pay-as-bid public sale program that goals to bolster grid stability by compensating demand-side assets, together with power storage programs, to curtail power when the grid is strained.
The partnership between Vitality Toolbase, Ventura Vitality, and Leap will allow all events to maximise income and help for the grid via a performance-based revenue-share mannequin for the portfolio. That is the primary portfolio of grid-interactive tasks for Vitality Toolbase, says Chris Sefel, the Supervisor of Enterprise Gross sales with Vitality Toolbase.
“We intend to duplicate this mannequin and allow many extra ETB-controlled power storage programs to take part within the wholesale power markets.”
Vitality Toolbase lately launched its Particular Applications characteristic on the ETB Monitor platform, which permits Acumen EMS-controlled power storage programs to perform as digital energy vegetation and take part in demand response or grid providers applications. This characteristic permits prospects to view, handle, and schedule participation into power market applications, reminiscent of DRAM in California. Asset house owners are in a position to extract the utmost worth from standalone storage and photo voltaic + storage tasks by co-optimizing worth seize with behind-the-meter utility invoice financial savings management methods.