A recent project collaboration between S&C Electric and LG Chem showcases a real-world application of revenue stacking. These two innovative companies have partnered on an energy storage project for a municipal power provider that will be Ohio’s largest energy storage system and will benefit from four distinct revenue streams. The project will sell into PJM’s frequency regulation market to improve grid reliability, integrate a 4.2 MW solar system into the municipality’s service area, improve local power quality and reduce peak demand to help the municipality avoid costly PJM peak electricity pricing spikes.
In this webinar, Bill Tokash, Senior Research Analyst at Navigant Research, Peter Gibson, Sales Director at LG Chem Power, Inc., and Troy Miller, Director of Grid Solutions at S&C Electric Company examine key market drivers for the utility-scale energy storage sector, their approach to this unique revenue stacking and overall best practices for battery system sizing and project design.
- Battery technology
- Battery energy storage system
- Utility-scale energy storage
- Revenue stacking
- Battery sizing and project design
What does this webinar answer?
- What’s driving the utility-scale energy storage sector?
- What opportunities for revenue stacking are available in the grid energy storage market?
- What characteristics are important in sizing and designing a grid-scale battery system?
- How do a energy storage system integrator and battery manufacturer work together on these type of projects?
- What are the lessons learned and best practices for recognizing multiple revenue streams from grid energy storage projects?
Who needs to attend?
- Energy storage investors
- Project developers
- System integrators
- Equipment and software suppliers
- Distributed energy resource investors