Con Edison Batteries
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.
Project description
Endurant Energy worked with Con Edison to demonstrate a front-of-the-meter (FTM) battery storage business model we created for the Reforming the Energy Vision (REV) strategy. The 5-year demonstration project shows how customer-sited, FTM, third-party owned batteries can provide benefits to both the utility (through installation in constrained network areas) and customers (through regular lease payments – energy bills are unchanged). The team installed four 1 MW/1 MWh batteries at host sites in three NYC boroughs. Each site receives regular lease payments for use of their land. Con Edison will be able to call for the system’s discharge during their network’s critical peak times, avoiding the significant capex required for sub-station upgrades. When Con Edison does not call for the systems, the batteries will participate in available NYISO wholesale markets, sharing proceeds with Con Edison. Endurant Energy recently purchased, and now owns these projects.
Integrated technologies
Project Highlights
Four 1 MW/1 MWh lithium-ion batteries
Created new front-of-the-meter (FTM) energy storage-as-a-Service business
This model allows utilities to procure battery storage services at a lower cost than other structures
Other projects
