In December 2017, IG successfully certified and qualified ABT’s 500 kW, 2-hour PowerPack battery with PJM for wholesale market participation. The battery was integrated into IG’s virtual power plant network. This achievement augments the variety of benefits streams available to ABT. It allows IG to dispatch a greater combination of resources to maximize ABT’s economic[…]
The Energy Storage Association (ESA) invited Jay Marhoefer to present IG’s Case Study entitled Solar+Storage Project Behind-the-Meter in Chicago at its technical STUDIO conference in Cleveland, November 15th. Jay will present a quantified report on IG’s Earn/Save/Protect approach to value stacking of distributed energy resources.
IG recently signed a long-term contract with Chicagoland’s premier retailer ABT Electronics to maximize bill reductions and wholesale market revenues from energy management services. The distributed resources include existing backup Title V EPA compliant generators, a 508 kW Solar rooftop array supplied by Convergence Energy and a 500 kW TESLA PowerPack battery installed by Continental Electric. The[…]
As announced in February, the North Central College project went live into the PJM wholesale market this month with excellent dispatch performance. In this picture you can see the battery container that has been craned to the roof structure and connected.
In 4Q2016, IG signed a contract with Illinois-based solar developer WCP-Solar to manage an industrial size battery of 1 MW to be installed at the site of Solberg Mfg in Itasca, IL. The battery is integrated by IHI Storage and will be paired with a 600 kW solar system. The system will be complete in 2Q2017 and will start[…]
An update on this solar and 250 kW battery storage project in Naperville, IL. Convergence-Energy has completed the solar installation and the battery has been crane-lifted to the corner of the building (picture right), installed and connected. Power services to the building, Market participation and revenue generation will start in March.
In July 2016 we announced the release of our Version 8 SaaS platform. It has performed highly on PJMs performance scores; its dynamic state-of-charge (Dyn.SOC) module excels at maintaining the batteries near their ideal partial state of charge of 50%. Then in January 2017 PJM significantly altered its regulation signal, raising the bar on battery requirements and[…]
IG welcomes the addition of Peter Schaff to its Advisory Board. A former North America CEO of LaSalle Investment Management, Peter has agreed to serve IG by advising on matters of capital management and growth.
January 10, 2017 Aided by bullish reports, sinking costs and some prime-time publicity courtesy of TESLA’s Elon Musk, Energy Storage is now becoming accepted by businesses as a capable, reliable energy resource. This is also reflected in the richness of our client pipeline, cultivated either directly of through our channel partners. This was illustrated in[…]
January 5, 2017 On November 17, 2016, FERC issued a final rulemaking notice to all grid operators “to more effectively integrate electric storage resources into organized wholesale markets to enhance competition and help ensure that these markets produce just and reasonable rates.” The rules that govern US electricity markets categorize energy resources squarely as Generators or Loads.[…]