Battery Storage Peak-Demand Savings Financial Analysis
Cost: No Charge. Registration is required.
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Speaker: Gabriel Paoletti, P.E. (IEEE Senior Member)
Battery storage is becoming prevalent for many reasons. For example, California set targets of 1.3 gigawatts (GW) of energy storage by 2020, and the New York City Fire Department (FDNY) is developing safety standards for battery storage projects. We will start by briefly reviewing the history of the US Power Grid, and the progression to the current focus on renewable energy, with the addition of battery storage.
For the customer-side energy storage systems, one key factor is the utility cost savings, primarily via Peak-Demand Savings, that would result from the consideration of battery storage.
We will investigate two rate structures (Con Edison and PSE&G), and work through the process of developing the potential cost savings for various battery storage systems, related to Peak-Demand Savings.
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to register for webinar.