Will Brake for Batteries: Southeastern Pennsylvania Transportation Authority, Constellation, & Viridity Energy Announce 8.75-...
January 21 2016 - 11:12AM
Business Wire
One of the nation’s largest behind-the-meter
battery storage networks will capture and reuse the energy created
by braking subway trains
A battery storage network, which captures and reuses the energy
created by braking subway cars, will help Southeastern Pennsylvania
Transportation Authority (SEPTA) reduce operating costs, ensure
energy resiliency, and support the stability of the electrical
grid.
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Constellation, a subsidiary of Exelon Corporation, will fund,
own, and operate the 8.75-megawatt battery storage network,
deployed at seven SEPTA substations. The network is designed to use
stored energy to power trains as they accelerate from stations and
can provide emergency generation for trains in the event of a power
outage. An expansion of SEPTA’s 1.8 MW battery storage pilot
program completed in 2014, the new network brings the agency’s
total battery storage capacity to more than 10 MW.
“SEPTA’s Sustainability Program is all about finding and
deploying cutting-edge innovations to reduce costs in addition to
improving environmental performance. This project is right in that
sustainability sweet spot, and we are pleased to partner with
Constellation and Viridity in bringing it to market right here in
the Philadelphia region, an emerging hub for innovative energy
projects,” said SEPTA General Manager Jeffrey D. Knueppel.
The project, which is among the first commercially deployed
battery storage systems in a transit operation, requires no upfront
capital investment from SEPTA and will be financed through a
20-year battery services agreement with Constellation.
“As a competitive energy supplier, we aim to provide our
customers with the best long-term economic and business solutions
for how their energy is produced and supplied,” said Gary Fromer,
senior vice president of distributed energy at Constellation. “This
battery storage network, along with $26 million in guaranteed
savings from efficiency improvements Constellation is implementing
for SEPTA, will help SEPTA deliver on its budget and energy
resiliency goals.”
The stored energy will help to balance electric load on the PJM
Interconnection, the regional transmission organization that
manages the movement of wholesale electricity in 13 states and the
District of Columbia. Viridity Energy will provide energy market
services for the project, bidding the batteries into the PJM market
as frequency regulation resources to help match generation with
demand and maintain the desired electrical frequency on the
grid.
"Our ground-breaking regenerative braking pilot at SEPTA proved
that energy storage can be used by transit systems to create
substantial cost savings, generate revenue, and contribute to
sustainability goals," said Viridity Energy CEO Mack Treece. "By
expanding the pilot to a full deployment, SEPTA will demonstrate to
rail transit systems throughout the world that energy storage can
be a core part of their overall energy and sustainability strategy
when paired with the right technologies and market expertise."
ABB will provide engineering, procurement, construction and
operations services to Constellation for the project. Saft will
provide the lithium ion battery technology.
Construction activities are scheduled to begin in the second
quarter of 2016 with estimated commercial operation in late
2016.
About Constellation
Constellation is a leading competitive retail supplier of power,
natural gas and energy products and services for homes and
businesses across the continental United States. Constellation's
family of retail businesses serves approximately 2 million
residential, public sector and business customers, including more
than two-thirds of the Fortune 100. Baltimore-based Constellation
is a subsidiary of Exelon Corporation (NYSE: EXC), the nation's
leading competitive energy provider, with 2014 revenues of
approximately $27.4 billion, and more than 32,000 megawatts of
owned capacity comprising one of the nation's cleanest and
lowest-cost power generation fleets. Learn more at
www.constellation.com or on Twitter at @ConstellationEG.
About SEPTA
On February 18, 1964, the Pennsylvania General Assembly
established the Southeastern Pennsylvania Transportation Authority
(SEPTA) to provide public transit services for Bucks, Chester,
Delaware, Montgomery and Philadelphia Counties. Today, SEPTA is the
nation’s sixth largest public transportation system with a vast
network of fixed routes including bus, subway, elevated trains,
trolley, trackless trolley, high speed, and Regional Rail commuter
trains serving a 2,202 square mile transit region. More than one
million trips each workday and more than 330 million trips each
year are provided to SEPTA passengers. Learn more at
www.septa.org
About Viridity Energy
Viridity Energy’s enabling software and services turn customer
energy profiles into financial returns. Our mission is to transform
how energy customers interact proactively and productively with the
electric grid. Through our ability to obtain revenue from more
energy markets and savings opportunities than anyone in the
business, our customers achieve optimal bottom line results. For
more information, please visit www.viridityenergy.com
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160121006033/en/
ConstellationKelly Biemer,
410-470-9700kelly.biemer@constellation.comorSEPTAManuel Smith,
215-580-7418MSmith@septa.orgorViridity EnergyTyler Breiner,
484-534-2222tbreiner@viridityenergy.com
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