WAUKESHA, Wis., Aug. 25, 2021 /PRNewswire/ -- Generac Power
Systems (NYSE: GNRC) today announced that its line of home
standby generators, commercial and industrial generators, and
PWRcell solar + battery storage systems are being manufactured and
offered as Smart Grid Ready, allowing customers to more quickly and
seamlessly sell power back to the grid and offset their energy
costs. The Smart Grid Ready capabilities are being offered through
Generac's Enbala Concerto platform.
"Through this integration, Generac customers – residential,
commercial, industrial and solar – are now capable of making major
contributions to grid reliability, resiliency and sustainability,"
said Aaron Jagdfeld, president and
chief executive officer of Generac. "Climate change and an aging
electrical grid are making power outages and power shortages more
frequent and longer lasting. With Smart Grid Ready, consumers can
play a key role in being part of the solution. In addition to the
peace of mind that they're receiving from Generac products,
customers have the opportunity to obtain additional return on
investment by leveraging their Generac units to contribute energy
to the grid, support grid stability and receive payment for their
excess power."
Via the new platform, Generac's specially designated Smart Grid
Ready products become distributed energy resources (DERs), which
seamlessly form virtual power plants (VPPs) – collections of DERs
capable of augmenting the grid services provided by traditional
power generation. The DERs still function as traditional power
backup devices, powering the home or business in the event of a
power outage, but they can now also enable the sale of power back
to the grid in times of peak demand, reducing the amount of strain
on the grid and offsetting a portion of asset owners' monthly
energy expenses.
"Through this new offering, Generac is proud to have the most
comprehensive, end-to-end solution – one that combines solar,
battery storage, generators and load management," said Russ Minick, president of Generac's Energy
Technology business group and chief marketing officer. "We've taken
segmented energy assets that would normally be complicated to
connect and brought them together in a seamless fashion. Otherwise
dormant backup power can now easily and quickly come online,
creating a win-win for all – utilities achieve a cleaner grid with
improved reliability and reduced cost-to-serve, while end customers
receive direct financial incentives and a more stable grid for
participating in VPPs."
Current PWRcell and home standby generator customers will also
be able to access Generac's Concerto™ platform through a firmware
update. The update will provide existing users with all the same
DER capabilities that will arrive standard on new products.
Generac's Enbala Concerto real-time energy-balancing
platform provides a highly flexible approach for creating
controllable and dispatchable energy resources from flexible loads,
energy storage and renewable energy sources. The platform gives
energy retailers and utilities the flexibility to operate in
real-time and to better manage the escalating complexities of
increasingly variable energy assets.
About Generac
Founded in 1959, Generac is a leading
designer and manufacturer of energy technology solutions and other
power products. As an industry leader serving residential, light
commercial and industrial markets, Generac's products and solutions
are available globally through a broad network of independent
dealers, distributors, retailers, e-commerce partners, wholesalers
and equipment rental companies, as well as sold direct to certain
end user customers.
Contact:
Tami Kou
Tami.Kou@Generac.com
262-544-4811 Ext. 3950
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SOURCE Generac Power Systems, Inc.