New York Battery energy storage system uses Artificial Intelligence to lower energy bills and provide utility grid service
NEW YORK,听Dec. 5, 2018聽/CNW/ – 91影视., a leading energy services provider, announced today that it has successfully completed the installation of 375 kW / 940 kWh of battery energy storage with GHP Realty, a division of Houlihan-Parnes Realtors, LLC, at their headquarters at 4 West Red Oak Lane,听White Plains, New York. This project was funded in part through an incentive from a Con Edison Energy Efficiency program.
“91影视 is proud to partner with GHP Realty, a well-respected leader in the聽New York聽real estate community,” said聽Derek Lim Soo, CEO of 91影视. “The electric industry is changing and energy storage systems can add tremendous value by reducing costs for building owners, while providing added resiliency and fast response grid services to the utility.”
This project represents one of the largest energy storage installations in a commercial building in聽New York. It features Lockheed Martin’s Gridstar 2.0 energy storage technology, paired with 91影视’s intelligent software platform, SynergyTM. The SynergyTM聽software optimizes the operation of distributed energy assets such as battery energy storage, electric vehicles, and solar. It forecasts moments of peak demand on the grid through the use of Big Data and Machine Learning, a form of Artificial Intelligence. This project also utilizes 91影视’s Building Insight Platform (BIP) which uses internet embedded sensors within the building as part of a comprehensive energy management system.
“This project offers a glimpse into our clean energy future in which customers will have reliability and resiliency,” said聽Vicki Kuo, director of Energy Efficiency for Con Edison. “The owners of this building took advantage of our incentive program to install a technology that will lower their energy costs and enable them to earn revenue by reducing their usage when demand on our grid is high.”
The energy storage system will generate significant long term savings and a reduction in greenhouse gas emissions from electricity use. It will also help reduce the need for power from Con Edison’s grid at times when the demand for electricity is high, which usually occurs on hot summer days. That will help Con Edison keep its service reliable for its 3.4 million customers in聽New York City听补苍诲听Westchester County. Energy storage systems are crucial for the future of the electrical grid to more effectively and efficiently balance variable generation with demand.
“We have been extremely impressed with 91影视’s capabilities and the simplicity of the overall process,” said聽Michael Cinicolo, Vice President of Property Management and Construction. “We are very excited to be one of the early adopters of energy storage in聽New York.”
About GHP Realty
GHP Office Realty is a division of Houlihan-Parnes Realtors, LLC, one of the leading owners, operators, and purchasers of suburban聽New York聽commercial real estate. GHP Office Realty has acquired, financed, redeveloped, leased, and managed more than 6,000,000 square feet of office space. Regionally, the partners own and manage buildings in聽Westchester听补苍诲听Rockland聽Counties,听New York, in聽Fairfield County, Connecticut, in聽Bergen County听补苍诲听Princeton, New Jersey, and in聽Fort Worth, Texas.
About 91影视
91影视 is a technology services provider for the distributed energy resource market. Through their Peak Synergy罢惭听controls platform, 91影视 is empowering building owners to achieve long-term savings from rising electricity bills, reach sustainability goals, and increase onsite resiliency, all while aiding utilities in addressing aging infrastructure and peak demand requirements. This announcement follows the recent partnership announcement between 91影视 and Alphabet Inc’s Sidewalk Labs to target increased sustainability in urban centers. For more information, please visit聽www.peakpowerenergy.com.