Working with energy markets, utilities and
their customers, Generac Grid Services delivered more than 34 GWh
of capacity to help keep the energy grid stable
DENVER, Jan. 17,
2023 /PRNewswire/ -- Generac Grid Services, a
subsidiary of Generac Power Systems (NYSE: GNRC), a leading
designer and manufacturer of energy technology solutions and other
power products, today announced that the use of its Concerto™
platform to support utilities and energy markets has resulted in
the delivery of more than 34 GWh of energy to the grid during
periods of grid strain. This achievement marks the greatest annual
use of Concerto™, the company's distributed energy resource (DER)
control and optimization platform, to keep residential homes and
commercial and industrial facilities powered throughout the
year.
Generac Grid Services delivered historic grid reliability in
2022:
- More than 34 GWh of capacity delivered during periods of peak
demand
- 2.5 million individual DER dispatches
- Almost 36,500 events from 18 utility clients and 3 wholesale
markets served
- Nearly 8,000 hours of cumulative DER dispatch from more than
20,500 commercial, industrial, and residential devices
- 12 months of Concerto use 24/7, less software update times, for
automatic frequency restoration reserve by one customer
- Global footprint with projects in North America, Europe, the Middle
East, and Asia Pacific
regions.
In addition to supporting energy grids during periods of high
electricity demand, Generac Grid Services also helped utilities
absorb excess renewable electricity generation. The Concerto
platform increased load by 106 MWh and reduced excess generations'
dispatch back to the electricity grid. Further advanced uses of
Concerto in 2022 included additional fast-response use cases to
support various reserve markets, voltage support to help
distribution system stability, and threshold control to limit
localized peaks at individual facilities or locations along the
distribution network.
About Generac Grid
Services
Generac Grid Services is a subsidiary of Generac Power
Systems (NYSE: GNRC), a leading designer and manufacturer of energy
technology solutions and other power products. Generac Grid
Services is working to change the way the world generates and uses
electricity. From turnkey solar + storage solutions, to backup
generators, additional distributed energy resources and virtual
power plant software, Generac Grid Services is helping to
accelerate the world's transition to a cleaner, more reliable power
grid. Via the company's energy-balancing platform, power generation
and storage products that might otherwise sit idle are now able to
be dispatched and orchestrated as part of a distributed energy
solution, thereby generating value for the home or business owner,
while also delivering value to the energy grid.
Media Contact: Stephanie
Rodgers
stephanie.rodgers@Generac.com
Phone: 262.544.4811 Ext. 4456
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SOURCE Generac Grid Services