The energy storage programme is funded by part of $4 million grant Austin Energy secured from the Department of Energy under the Sustainable and Holistic Integration of Energy Storage and Solar Photovoltaics (SHINES) programme.
The SHINES initiative was designed by the DoE to accelerate the integration of solar energy generation systems with energy storage and grid networks to reduce the cost of electricity sourced from solar to below $0.14 per kilowatt per hour.
Under the project with Austin Energy, Stem will equip the utility’s commercial customers with solar systems and integrate them with on-site storage system and cloud-based energy management software.
With the energy management software, consumers will be able to see how much energy they are generating and storing on site under efforts to improve the way they manage their energy consumption.
The solution provider claims its cloud-based energy management and analytics software makes use of weather forecasts and consumer’s previous and real-time energy usage patterns to provide users with an estimation of when their energy use might reach its peak.
The energy storage programme is expected to help Austin Energy meet demand during peak periods and consumers to reduce their energy costs by avoiding the use of energy supplied from the grid during peak periods when tariffs will be high.
Jackie Sargent, the general manager at Austin Energy, said: “The Austin SHINES project is another example of Austin Energy’s commitment to using innovative technology to increase reliability and customer value. This project will help Austin Energy learn more about the potential benefits of integrated distributed energy resources for broader deployment in the future, so we can maximise the value of solar and storage integration for our customers.”
Energy storage programme deployment
Meanwhile, in Canada, the Elmira Council in Ontario approved the development of a 2MW energy storage facility to help meet energy demand during peak periods.
The 2MW battery energy storage facility will be used for storing excess electricity generated from solar and wind. Read more…
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