New York City-based property developer Glenwood is deploying the first megawatt of distributed energy storage systems across a select group of buildings in its real estate portfolio.
Glenwood has contracted with Washington-based Demand Energy for installation and systems-integration work using battery systems from EnerSys. Construction will begin this month on systems in the first properties, with commissioning and verification approvals to be completed in the first half of the year.
The energy storage systems are expected to be operational for the summer peak load season and will support the Indian Point Demand Management Program that Con Edison and the New York State Energy Research and Development Authority are offering to commercial customers.
Glenwood says the deployment of an aggregated 1 MW of energy storage across its properties represents the first example of a networked distributed energy storage portfolio in NYC that is capable of managing individual building loads in real time or responding as an aggregated asset to a critical power event called by Con Edison or the New York Independent System Operator.
The program is intended to be in keeping with the New York Public Service Commission's Reforming the Energy Vision (REV) effort to reform utility regulation and management of the grid in support of localized energy generation and storage.
"Unpredictability is the new norm, and we believe that this first aggregated system in NYC is a foundational platform that will enable Glenwood to save money today and participate directly in the dynamic power and energy market proposed in the REV Initiative," says Doug Staker, vice president of global sales for Demand Energy.
For more information on how distributed energy sources can be combined with storage systems to improve energy security and sustainability, visit the Hybrid Energy Innovations event site here.
