Energy storage is being deployed by utilities and consumers to serve a diverse range of energy needs. For consumers, it can shift loads in variable cost markets, or deliver a boost to resiliency. Utilities may deploy storage to enhance renewable penetration or relieve grid stress from peak loads.
Innovation in chemistry, manufacturing, and product offerings continues to drive down costs and expand applications, increasing value proposition.
GI Energy has developed a deep understanding of the value that batteries can deliver clients based on their needs, local market conditions, and equipment pricing. Currently, we are supporting Con Edison (a major New York utility) through a demonstration battery storage project – see the project page for details.
As energy storage markets evolve, GI Energy will continue to deliver innovative solutions, leveraging the multiple benefits that storage provides.