Cummins India Limited today launched its Battery Energy Storage Systems (BESS), a key element of the company’s “Destination Zero” strategy.
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Cummins India Limited today launched its Battery Energy Storage Systems (BESS), a key element of the company’s “Destination Zero” strategy.
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The Drone Battery System Market size is projected to grow USD 44.7 Billion by 2032, exhibiting a CAGR of 14.37% during the forecast period 2
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Two years after a pathbreaking storage project with the Sterling Municipal Light Department in Massachusetts, NEC has added five more contracts in that state and one in Maine. The projects will add up to 20 megawatts of power capacity and more than 40 megawatt-hours of energy storage. The battery systems will help the municipal utilities reduce the consumption peaks that drive monthly transmission costs and an annual capacity charge. By predicting peaks and discharging at the right time, the storage plants save money for utility customers. The 2 megawatt/4 megawatt-hour system built in Sterling, Massachusetts for a municipal utility with fewer than 4,000 customers has already saved local ratepayers more than $1 million since December 2016, NEC said. With that project as a model, the storage manufacturer and integrator has succeeded in expanding its footprint in the growing New England storage market, where supportive state policies combine with access to wholesale market revenue to make project economics viable. “This activity is added proof of an inflection point in the adoption of energy storage in the market as municipal entities are now moving forward with projects without subsidies,” sales director Doug Alderton said via email Monday. #EnergyStorage #MunicipalUtility #Massachusetts #BatterySystems #NEC #PeakShaving https://www.greentechmedia.com/articles/read/new-englands-municipal-utilities-get-a-taste-for-battery-storage https://www.instagram.com/p/B1aVKq0H02I/?igshid=hpdqibj3k2t