Battery Storage Peak-Demand Savings Financial Analysis

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Battery Storage Peak-Demand Savings 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.  We will start by briefly reviewing the history of the US Power Grid, and the progression to the current focus on renewable energy, with the addition of battery storage.

For the customer-side energy storage systems, one key factor is the utility cost savings, primarily via Peak-Demand Savings, that would result from the consideration of battery storage.

We will investigate two rate structures (Con Edison and PSE&G), and work through the process of developing the potential cost savings for various battery storage systems, related to Peak-Demand Savings.



  Date and Time

  Location

  Hosts

  Registration



  • Date: 17 Aug 2021
  • Time: 07:00 PM to 08:00 PM
  • All times are (GMT-05:00) US/Eastern
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Webinar link and password will be forwarded to all registered participants after Noon on the day of the meeting. Check your spam folder if you don't see the email. 

  • Virtual Meeting, Pennsylvania
  • United States

  • Starts 21 July 2021 10:57 AM
  • Ends 17 August 2021 12:00 PM
  • All times are (GMT-05:00) US/Eastern
  • No Admission Charge


  Speakers

Gabriel Paoletti, P.E. Gabriel Paoletti, P.E.

Topic:

Battery Storage Peak-Demand Savings 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.  We will start by briefly reviewing the history of the US Power Grid, and the progression to the current focus on renewable energy, with the addition of battery storage.

For the customer-side energy storage systems, one key factor is the utility cost savings, primarily via Peak-Demand Savings, that would result from the consideration of battery storage.

We will investigate two rate structures (Con Edison and PSE&G), and work through the process of developing the potential cost savings for various battery storage systems, related to Peak-Demand Savings.

Biography:

Gabriel Paoletti, P.E. (IEEE Senior Member) 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, NJ 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, and failure root-cause analysis.  





Agenda

WEBINAR: 7:00 - 8:00 P.M. 

The Zoom Webinar link and password will be forwarded to all registered participants after Noon on the day of the meeting. Check your spam folder if you don't see the email. 

Webinar is open to all.

PDH certificates are available and an evaluation form will be emailed to you after the meeting. PDH certificate are sent by IEEE USA 3-4 weeks after the meeting.