California college expected to save nearly $800,000; enjoy demand charge reduction, avoid cogeneration outages
Santa Clara, Calif. February 14, 2017 – Green Charge today announced that Pacific Union College will install a 1MW/2MWh commercial energy storage system on its Napa Valley campus. Pacific Union College is expected to save nearly $800,000 dollars over the 10-year agreement with revenues generated through demand charge reduction and demand response programs through Pacific Gas and Electric Company. Pacific Union College is located 70 miles north of San Francisco in the heart of Napa Valley. The campus hosts more than 1,600 undergraduate students and 90 full time professors. The Green Charge energy storage system will also provide resiliency for the College’s cogeneration (cogen) plant.
“We see daily the many challenges organizations such as colleges, universities, manufacturers, transit systems, and utility suppliers have from variations in grid-provided power quality,” said Vic Shao, CEO at Green Charge. “Commercial energy storage is a viable solution to provide quality power to our customers located toward the end of distribution lines while providing substantial savings.”
“While our main motivation for installing energy storage is saving money through peak demand shaving, we are pleased that energy storage is a way to enhance the reliability and performance of our power supply,” said Dale Withers, the facilities director at Pacific Union College. “We look forward to both benefits as a result of our work with Green Charge.”
Controlled by GridSynergy Software, the storage systems are part of a proven industry solution that allow customers to see additional revenues and reduce costs associated with surges in demand. Customized algorithms direct the battery storage systems to discharge enough power to prevent spikes in the amount of energy drawn from the grid. During off-peak hours, the batteries recharge minimizing the cost of covering peaks in demand.
About Green Charge
Green Charge has been designing and deploying commercial energy storage since 2009, with systems installed throughout the United States. Backed by ENGIE, the largest independent power producer in the world, Green Charge’s mission is to use energy storage to power the world efficiently and sustainably. Our team is comprised of top energy storage industry experts, who provide performance-based solutions to optimize the value of energy for our customers. Our ecosystem of solar, EV charging, and energy efficiency partners allows our customers to combine energy storage and renewables easily and economically. Delivering all these capabilities with the least possible risk is the Green Charge Power Efficiency Agreement—a shared-savings model that puts the power of energy storage in customers’ hands with no capital outlay.