New Node Architecture and Upgraded Controls
Offer Highest Reliability with Lowest Total Cost of Ownership for
Utilities, Developers and Power System Operators
The AES Corporation (NYSE: AES) today announced the first
deployment of AdvancionTM 4, the next generation of battery-based
energy storage, at the Warrior Run facility in Cumberland,
Maryland. Advancion is a complete, battery-based alternative to
peaking power plants that provides a dependable, smart and
cost-competitive means to modernize power systems.
Advancion 4 is among the most proven energy storage platforms
available, resulting from AES’ more than eight years of commercial
experience operating grid-connected energy storage. This latest
design includes improvements in the architecture that provide the
highest levels of reliability, upgrades to the already proven
controls platform, and a modular design to drive down the upfront
and on-going costs of these advanced storage assets for
customers.
“With the addition of the Warrior Run Advancion Energy Storage
Array, we now have 64 MW of interconnected energy storage in PJM,”
said Ken Zagzebski, President of AES’ US Strategic Business Unit.
“We continue to see energy storage as an important innovative
technology for serving our customers with safe, reliabile, cost
effective and emission free power.”
“Advancion 4 was developed to address the challenges
faced in owning and operating the largest fleet of
advanced battery-based energy storage projects,” said John
Zahurancik, President of AES Energy Storage. “AES has a history of
providing our customers with innovative solutions, and Advancion 4
raises the bar, as it delivers the highest reliability, has the
lowest total cost of ownership, and is available to utilities,
developers and power system operators to own directly or through a
managed service contract.”
Key Features of Advancion 4 include:
- Modular, Compact Advancion
Array – The Advancion 4 Array now has an industry-leading
compact footprint and optimized design that is five times denser
than prior installations, further reducing the total installed cost
by requiring less space and balance of system costs. Advancion 4
arrays are engineered to accommodate interchangeable supplier
components. These suppliers build to meet Advancion design
specifications to avoid costly, per project system integration and
are pre-qualified through AES’ Advancion Supplier Certification
Program. A select group of high quality component suppliers have
already been certified and the group represents more than half of
the global advanced battery production. The modular architecture
enables replacement and augmentation over the system life using the
best new technologies at the best future price.
- Introducing the Advancion Node –
The new Advancion Node is the smaller, more manageable building
block for Advancion Arrays. These independent, modular units
incorporate pre-certified batteries and inverters, with AES
controls, and are architected in a massively parallel design –
offering customers the highest level of reliability and
availability, similar to the world’s best datacenter systems. The
scaleable design allows for standard configurations from 100 kW to
over 1,000 MW, and from 15-minutes of duration to over four hours
without any reengineering.
- The Next Generation Advancion
Digital Control System (DCS) – The addition of the node
architecture to AES’ patented control platform provides owners with
unprecedented control of the asset, to maximize revenue and reduce
operating costs. Advancion-based solutions now monitor, record and
analyze thousands of individual points within the system to tune
performance – all protected within a robust cybersecurity
framework. For example, the Warrior Run installation regularly
measures and records nearly 80,000 separate data points,
representing more than two terrabytes of data per year. This
node-level control makes it possible for parts of the same array,
or several distributed arrays, to do mix and match applications and
to load balance service requirements (e.g. regulation, reserves,
renewable ramping, energy delivery, voltage control, etc.),
optimizing the operation of the asset.
“The Advancion 4 energy storage solution is a unique combination
of market-tested controls and a massively parallel design
architecture, incorporating best in class technology components.
Every aspect has been developed to meet the needs of a long-term
power asset owner-operator,” said Brett Galura, Vice President of
Solution Development for AES Energy Storage. “We are especially
pleased to work with our initial certified suppliers, LG Chem and
Parker Hannifin, in this first commercial deployment of Advancion
4.”
The Warrior Run Advancion Energy Storage Array is the largest
grid-scale battery, and one of the largest green technology
projects, in Maryland, providing 10 MW of interconnected energy
storage, equivalent to 20 MW of flexible resource. Warrior Run will
provide critical grid stability services in the form of frequency
regulation service to the PJM Interconnection, which controls the
power grid for more than 61 million people.
AES has a total of 384 MW of interconnected energy storage,
equivalent to 768 MW of flexible resource, in operation,
construction or late stage development in six countries. AES has
accumulated nearly three million megawatt-hours of delivered
service on its advanced energy storage platform.
About AES Energy Storage Solutions
AES is a leader in commercial energy storage solutions, which
improve flexibility and reliability of the power system, and
provide customers with a complete alternative to traditional
peaking power plants. The company’s AdvancionTM 4.0 energy storage
solution is available to leading utilities, power markets, and
independent power producers, and is AES can manage projects from
concept to operation with a market-proven solution. AES introduced
the first grid-scale advanced battery in commercial power market
service in 2008 and operates the largest fleet of battery-based
storage assets in service today. The company works with utility
partners and other customers to deliver the value of advanced
storage in the US and around the world. To learn more, please visit
www.aesenergystorage.com or @aes_es on Twitter.
About AES
The AES Corporation (NYSE:AES) is a Fortune 200 global
power company. We provide affordable, sustainable energy to 18
countries through our diverse portfolio of distribution businesses
as well as thermal and renewable generation facilities. Our
workforce of 18,500 people is committed to operational excellence
and meeting the world’s changing power needs. Our 2014
revenues were $17 billion and we own and manage $39
billion in total assets. To learn more, please
visit www.aes.com. Follow AES on Twitter
@TheAESCorp.
Safe Harbor Disclosure
This news release contains forward-looking statements within the
meaning of the Securities Act of 1933 and of the Securities
Exchange Act of 1934. Such forward-looking statements include, but
are not limited to, those related to future earnings, growth and
financial and operating performance. Forward-looking statements are
not intended to be a guarantee of future results, but instead
constitute AES’ current expectations based on reasonable
assumptions. Forecasted financial information is based on certain
material assumptions. These assumptions include, but are not
limited to, our accurate projections of future interest rates,
commodity price and foreign currency pricing, continued normal
levels of operating performance and electricity volume at our
distribution companies and operational performance at our
generation businesses consistent with historical levels, as well as
achievements of planned productivity improvements and incremental
growth investments at normalized investment levels and rates of
return consistent with prior experience.
Actual results could differ materially from those projected in
our forward-looking statements due to risks, uncertainties and
other factors. Important factors that could affect actual results
are discussed in AES’ filings with the Securities and Exchange
Commission (the “SEC”), including, but not limited to, the risks
discussed under Item 1A “Risk Factors” and Item 7:
Management’s Discussion & Analysis in AES’ 2014 Annual
Report on Form 10-K and in subsequent reports filed with the SEC.
Readers are encouraged to read AES’ filings to learn more about the
risk factors associated with AES’ business. AES undertakes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or
otherwise.
Any Stockholder who desires a copy of the Company’s 2014 Annual
Report on Form 10-K dated on or about February 25, 2015 with
the SEC may obtain a copy (excluding Exhibits) without charge by
addressing a request to the Office of the Corporate Secretary, The
AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203.
Exhibits also may be requested, but a charge equal to the
reproduction cost thereof will be made. A copy of the Form 10-K may
be obtained by visiting the Company’s website
at www.aes.com.
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The AES CorporationInvestor Contact:Ahmed Pasha,
703-682-6451orMedia Contact:Amy Ackerman, 703-682-6399
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