SAN FRANCISCO, Sept. 13, 2016 /PRNewswire/ -- San Francisco
clean-tech leader Advanced Microgrid Solutions ("AMS") was tapped
for a second major grid services project in electricity-constrained
areas of the Los Angeles Basin. Under five new power purchase
agreements announced today, AMS will build 40 Megawatts ("MW") of
fast-response energy storage systems at targeted customer locations
in Southern California to reduce
demand from the grid on key distribution circuits. Utility
customers hosting the energy storage systems will benefit from
lower energy costs and increased revenues for participating in grid
services programs.
The 40 MWs awarded to AMS are part of a 125 MW procurement by
Southern California Edison ("SCE") under a Preferred Resources
Pilot, which will use storage and other clean energy resources to
supply electricity to thousands of businesses and homes in the
densely populated cities of Santa
Ana, Irvine, Tustin, and other areas of Orange County hit hard by the closure of San
Onofre Nuclear Generating Station. AMS was one of only six
companies chosen to participate in this groundbreaking effort by
SCE to replace traditional power plants with clean energy resources
that can provide grid reliability and reduce greenhouse gas
emissions.
"SCE is leading the transition to a cleaner, faster, more
resilient electric grid," said Susan
Kennedy, founder and CEO of AMS. "SCE's aggressive use
of advanced technologies for grid management showcases the
utility's unrivaled leadership in the clean energy sector."
"Energy storage is a clean-air, clean-energy strategy that
should be a top priority for every electric utility," said
Mary Nichols, Chair of the
California Air Resources Board. "Reducing demand on the
grid instead of adding new peaker plants is the fastest way to
reduce greenhouse gas emissions while improving reliability for
customers."
Under the contracts with SCE, AMS will build, own and manage
networks of advanced energy storage systems at SCE's commercial and
industrial customer locations to provide fast-response load control
on key areas of the grid. At selected host customer sites,
AMS will install a combination of advanced energy storage, demand
management software and cutting-edge energy efficiency technologies
to manage demand on the grid and avoid the need to build more
fossil fuel generation to serve the LA Basin. Customers
participating in the project by hosting AMS's energy storage
systems will see lower energy costs as the batteries reduce the
building's demand from the grid during the most expensive "peak"
periods when electricity prices are the highest.
AMS is currently contracted to build more than 120 MW of
customer-sited energy storage projects for grid support, including
a fleet of 24 Hybrid Electric Buildings® for the Irvine Company, 18
water treatment facilities for Southern
California water agencies, the California State University System, Shell Energy
North America, Morgan Stanley Real Estate Investment Trust and
others. AMS is developing landmark energy storage and
microgrid projects addressing the water-energy nexus, grid
reliability and renewable energy integration that use advanced
energy storage to integrate solar, wind, fuel cells and other
renewable resources into the electric grid and lower energy costs
for customers. The first projects began operating in 2016 with more
scheduled to come on line in 2017.
AMS donates a portion of the proceeds from every project to a
microlending fund for women, minority and veteran-owned
businesses. A portion of the proceeds from the SCE project
will be dedicated to microlending in the Orange County area.
About Advanced Microgrid Solutions
Advanced Microgrid
Solutions (AMS) is pioneering the use of advanced energy storage
systems for electric utility grid support. The company designs,
finances, installs and manages advanced energy storage solutions
for commercial, industrial and government building owners.
AMS's unique fleet management software provides optimized
resource management, cost reduction and revenue generation for
large scale energy users. To learn more visit
http://www.advmicrogrid.com/.
About Southern California Edison
An Edison
International company, Southern California Edison is one of the
nation's largest electric utilities, serving a population of nearly
15 million via 5 million customer accounts in a 50,000-square-mile
service area within Central, Coastal and Southern California.
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SOURCE Advanced Microgrid Solutions