Con Edison Development Enters into Agreement to Procure GE Energy Storage System
April 16 2015 - 8:00AM
Business Wire
- 8 MWh Utility Scale Storage Project to
be Deployed in California
- Storage Solution Features GE’s Mark
VIe-Based Site Controller and Brilliance* MW Inverters with
Packaged Lithium Ion Battery Modules
GE (NYSE:GE) today announced it will supply Con Edison
Development (CED) with an 8 MWh battery energy storage system in
Central Valley, CA. The new storage solution will be utilizing GE’s
Mark VIe-based plant control system, Brilliance MW Inverters, and
packaged lithium ion battery modules.
“We have a history of working with GE in thermal and wind, and
we are pleased to continue our long-standing collaboration into the
evolving world of energy storage,” said Mark Noyes, SVP and COO of
Con Edison Development. “GE brings a strong technical solution,
along with performance guarantees.”
As part of its expanding energy storage portfolio, this project
marks the first time GE will introduce a lithium ion battery
solution. The system will provide two megawatts of power over a
four-hour period, and the deal includes delivery of a complete
energy storage system, with associated long-term service
agreements.
“GE is committed to the energy storage business,” said Jeff
Wyatt, general manager of GE’s solar and energy storage units. “Our
goal is to help our customers provide flexibility across the grid
by combining our expertise in plant controls, power electronics,
systems engineering, and fundamental battery knowledge. The recent
addition of lithium ion technology complements our Durathon battery
offering and gives customers more flexibility in meeting their
specific site application needs.”
Working with CED, GE utilized advanced analytics and modeling to
evaluate potential benefits of the energy storage system. The
California-based installation will be CED’s first energy storage
project and will serve as a learning tool for optimizing and
operating energy storage facilities in the future.
The state of California has encouraged investments in energy
storage in recent years. In 2013, the California Public Utilities
Commission (CPUC) announced targets that call for
California investor-owned utilities to procure 1.325 gigawatts
(GW) of cost-effective energy storage by 2020.
The site is expected to be operational in the next six to nine
months.
About Consolidated Edison Development
Con Edison Development (“CED”) develops, owns and operates
renewable and energy infrastructure projects. The company is one of
the largest owners and operators of solar projects in North
America.
CED is focusing on renewable energy and gas assets as part of an
overall corporate goal of responsible environmental stewardship.
Through its deep resources and trusted relationships with a range
of energy-related companies, CED has successfully developed, and
owns and operates facilities generating in excess of 550 MW of
renewable power across California, Arizona, Nevada, Texas,
Nebraska, New Jersey, Massachusetts, Pennsylvania, South Dakota and
Rhode Island.
Consolidated Edison Development (www.coneddev.com) is an
unregulated subsidiary of Consolidated Edison, Inc. [NYSE:ED], the
nation's oldest and one of the largest investor-owned energy
companies, with approximately $12 billion in annual revenues and
$42 billion in assets. More information can be obtained by calling
914-993-2185. You can also visit the Consolidated Edison, Inc.
website at www.conedison.com.
About GE
GE (NYSE: GE) imagines things others don’t, builds things others
can’t and delivers outcomes that make the world work better. GE
brings together the physical and digital worlds in ways no other
company can. In its labs and factories and on the ground with
customers, GE is inventing the next industrial era to move, power,
build and cure the world. www.ge.com.
About GE Power & Water
GE Power & Water provides customers with a broad array of
power generation, energy delivery and water process technologies to
solve their challenges locally. Power & Water works in all
areas of the energy industry including renewable resources such as
wind and solar; biogas and alternative fuels; and coal, oil,
natural gas and nuclear energy. The business also develops advanced
technologies to help solve the world’s most complex challenges
related to water availability and quality. Power & Water’s six
business units include Distributed Power, Nuclear Energy, Power
Generation Products, Power Generation Services, Renewable Energy
and Water & Process Technologies. Headquartered in Schenectady,
N.Y., Power & Water is GE’s largest industrial business.
Follow GE Power & Water and GE’s renewables business on
Twitter @GE_PowerWater and @GErenewables.
*a trademark of General Electric Company
GE Power & WaterNikolas Noel, +1
518-385-6090Nikolas.noel@ge.comorCon Edison DevelopmentChristine
Nevin, +1 914-286-7094nevinc@conedsolutions.com
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