Friday, September 12, 2014

Stem strengthens grid response for Hawaiian Electric

MILLBRAE, USA: Stem, Inc., a leader in advanced energy technology, will deploy one megawatt of behind-the-meter energy storage in a demonstration project with Hawaiian Electric Company to support grid response services.

Stem will manage its advanced energy intelligence solution for commercial and industrial customers throughout Oahu. The aggregate portfolio of energy storage customers will provide additional grid capability during periods of variable solar generation and peak demand.

Stem’s energy storage and data analytics predict and rapidly respond to spikes in customers’ electricity demand, drawing on stored power to reduce energy costs without affecting operations. Stem’s technology also leverages the renewable forecasting and monitoring project that Hawaiian Electric currently operates.

By participating, Stem customers will receive financial incentives to provide grid responsive power while supporting clean energy on the grid. Stem’s deployment will support the transformation of the Hawaii electric grid from one dependent primarily on fossil fuels to one that incorporates large amounts of solar and wind.

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