Revenue Stacking with a Battery
- The Challenge
Looking to optimize the performance of the PV installation as well as to increase resiliency
- The Solution
Offering a flexible, intelligently managed energy storage resource
- The Impact
Enabling a standalone microgrid as well as the capability for solar self-consumption and export to the grid
Client:Panasonic Enterprise Solutions and Xcel Energy
Location:Denver, Colorado
Sectors:Renewable energy
The Challenge
Optimize power at existing PV power plant with energy storage
Panasonic, Xcel and the Denver Airport were looking to optimize the performance of their PV installation as well as to increase resiliency and improve power quality at the site. The Xcel Energy feeder for Peña Station NEXT already has 20% solar penetration and is expected to have 30% by the time the project is completed in the first half of 2017.
These companies wanted better, and they knew who could help.
The Solution
An intuitive energy storage system
Battery storage company Younicos, who became part of Aggreko in 2017, designed and built a system that harnesses the revenue stacking opportunities afforded by a flexible, intelligently managed energy storage resource.
Four Batteries were installed at the Panasonic facility. The one-megawatt (MW) storage resource is connected to the Xcel Energy power grid and provides six services.
Vice President, Panasonic CityNOW
George Karayannis
The Impact
Enabling a standalone microgrid as well as the capability for solar self-consumption and export to the grid
Adding battery storage to the facility made it possible to meet all project requirements, enabling a standalone microgrid as well as the capability for solar self-consumption and export to the grid.
The project is now a showcase for clean, on-site energy generation and efficient consumption. In fact, the Peña Station NEXT system will be net-positive energy, with substantial surplus solar power until enough of the development is built out for local demand to absorb the solar generation.