Unlocking the Value Stack of Solar + Storage in PJM with David Braun | EP195
Listen now
Description
Earn, save, protect - energy storage is revolutionizing the way we think about and utilize electricity. Batteries are no longer just backup power sources - they have become assets capable of providing a multitude of services to the grid and customers. Earn - you can turn a battery into a cash machine by providing ‘ancillary services’ to the grid operator with your battery. Save - you can reduce demand and capacity charges by using the battery to discharge during peak load hours/days. Protect - you can use a battery as a source of backup power during grid outages. Together, this ‘value stack’ is the enchilada that customers are feasting on in many markets across the US and around the world. In this episode of the Clean Power Hour, host Tim Montague interviews David Braun, VP of Sales and Marketing at Intelligent Generation, about how adding battery storage can unlock additional value and revenue streams for behind-the-meter solar projects in PJM territory through this "value stack." They discuss concepts like energy arbitrage, capacity charge reduction, ancillary services, and resilience. The value of each depends on local energy market rules and tariffs. David explains how Intelligent Generation's software platform optimizes battery dispatch to maximize savings and earnings. This can improve solar project economics by 6-12 months (In Tim’s experience this is a very conservative assessment - you can often 3x the value of a project by adding BESS). Key Takeaways Understanding the "value-stack" of energy storage includes energy arbitrage, reducing capacity/transmission charges, providing ancillary grid services, and enhancing resilience.Importance of partnering with companies like Intelligent Generation early in project development to properly size and model the financial benefits of adding energy storage to solar projects.Recognizing the unique value propositions and revenue opportunities that energy storage can unlock in different energy markets (e.g., PJM, MISO).Staying informed about rapidly evolving battery incentives, tariff structures, and regulatory landscapes across different regions.David Braun Intelligent Generation Support the showConnect with Tim Clean Power Hour Clean Power Hour on YouTube Tim on Twitter Tim on LinkedIn Email [email protected] Review Clean Power Hour on Apple Podcasts The Clean Power Hour is produced by the Clean Power Consulting Group and created by Tim Montague. Contact us by email: [email protected] Corporate sponsors who share our mission to speed the energy transition are invited to check out https://www.cleanpowerhour.com/support/ The Clean Power Hour is brought to you by CPS America, maker of North America’s number one 3-phase string inverter, with over 6GW shipped in the US. With a focus on commercial and utility-scale solar and energy storage, the company partners with customers to provide unparalleled performance and service. The CPS America product lineup includes 3-phase string inverters from 25kW to 275kW, exceptional data communication and controls, and energy storage solutions designed for seamless integration with CPS America systems. Learn more at www.chintpowersystems.com
More Episodes
In this episode of the Clean Power Hour, Tim Montague talks with Hunter Johnson, Vice President of Alliant Insurance, about the crucial role of insurance in the solar industry and how climate change is impacting the way insurance companies assess and underwrite solar projects.The discussion...
Published 06/11/24
Published 06/11/24
In this episode of the Clean Power Hour, host Tim Montague interviews Sebastian Heitmann, the co-founder of the venture capital firm Extantia. The discussion covered a wide range of topics related to the energy transition and decarbonization efforts.Sebastian shared his journey from the early...
Published 06/04/24