Battery Storage Financial Analysis
PES / IAS / LM Joint Meeting
- Battery storage is becoming prevalent for many reasons. For example, California set targets of 1.3 gigawatts (GW) of energy storage by 2020, and the New York City Fire Department (FDNY) is developing safety standards for battery storage projects. California also had specific targets for transmission-connected, distribution-connected, and customer-side energy storage systems, with the customer-side energy storage systems growing the fastest.
- For the customer-side energy storage systems, one key factor is the utility cost savings, primarily via Peak-Demand Savings.
- This will be a working session, where we will investigate one particular rate structure (Con Edison), and work through the process of developing the potential cost savings for various battery storage systems.
- We will be using an actual large end-user power usage profile as our example, and if available, attendees are encouraged to bring a typical daily profile of energy usage for their facility (kW during each 15-minute interval for one typical week-day).
Date and Time
Location
Hosts
Registration
- Date: 22 Mar 2019
- Time: 09:00 AM to 02:00 PM
- All times are (GMT-05:00) US/Eastern
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- 4000 Hadley Road
- South Plainfield, New Jersey
- United States 07080
- Building: PSE&G - Hadley Road Facility
- Room Number: Auditorium
- Click here for Map
- Contact Event Host
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- Co-sponsored by Ken Oexle
- Starts 18 September 2018 03:33 PM
- Ends 22 March 2019 08:00 AM
- All times are (GMT-05:00) US/Eastern
- Admission fee ?
Speakers
Gabriel Paoletti, P.E. of Paoletti Engineering PLLC
Battery Storage Financial Analysis
- Battery storage is becoming prevalent for many reasons. For example, California set targets of 1.3 gigawatts (GW) of energy storage by 2020, and the New York City Fire Department (FDNY) is developing safety standards for battery storage projects. California also had specific targets for transmission-connected, distribution-connected, and customer-side energy storage systems, with the customer-side energy storage systems growing the fastest.
- For the customer-side energy storage systems, one key factor is the utility cost savings, primarily via Peak-Demand Savings.
- This will be a working session, where we will investigate one particular rate structure (Con Edison), and work through the process of developing the potential cost savings for various battery storage systems.
- We will be using an actual large end-user power usage profile as our example, and if available, attendees are encouraged to bring a typical daily profile of energy usage for their facility (kW during each 15-minute interval for one typical week-day).
Biography:
Gabriel Paoletti, P.E. has formed Paoletti Engineering PLLC, and as Senior Consultant, he applies his forty (40+) plus years of electrical power distribution experience to support the electrical power industry. He is a Registered Professional Engineer in NY, PA and DE, with a Certificate of Authority (COA) to perform Engineering in NY State. He has authored and presented numbers technical publications for IEEE and other organizations. He received his BSEE in Electrical Engineering at Drexel University in 1976 (Magna Cum Laude), and an MBA from Rutgers in 2009 (Summa Cum Laude). Mr. Paoletti has also been on the forefront of many power system innovations and was awarded the IEEE Engineer of the Year Award for 2009 (Northern New Jersey Chapter) for new product and service innovation which improved the efficient distribution of electrical power. He currently provides services such as Project Engineering, Owners Representative and engineering and feasibility studies, including short and long-range strategic planning.
Email:
Address:2608 Tauton Drive, , Pennsauken, New Jersey, United States, 08109
Agenda
The seminar fee includes lunch, refreshments and handouts. Non-members joining IEEE within 30 days of the seminar will be rebated 50% of the IEEE registration charge.
Four hours of instruction will be provided. If desired, IEEE Continuing Education Units (0.4 CEUs) will be offered for this course - a small fee of $45 will be required for processing.
Please pay attention to the “Registration Fee” and choose the appropriate choice either with or without CEUs.
All Invited - Please Post