Agrion LLC, the energy and infrastructure marketmaker, has partnered with Con Edison and the New York State Energy Research and Development Authority (NYSERDA) to create a new web platform to help promote the use of energy storage in New York buildings. The site, GridMarket.com, aims to simplify the process for a building owner or manager to implement a storage project. Energy storage, generally using batteries, allows a building to reduce its energy costs by storing energy when it is least expensive and using that stored energy to reduce grid demand at times of peak use.
“Storage has the potential to help our customers control their energy bills and power their buildings even after the kind of fierce weather events that have struck New York in recent years,” said Margarett Jolly, director of Research and Development for Con Edison. “We were pleased to help with the development of the AGRION’s GridMarket.com website, which is full of energy storage information that can guide building owners and facility managers.”
Battery and other forms of energy storage also offer the benefit of back-up power in the event of a power outage. Energy storage offers benefits to users by storing energy during periods of low demand, to reduce energy costs during periods of high demand. Energy storage can also be used to reduce grid power draw during periods of overuse, such as heat waves, to reduce the risk of power outages.
The site works as a centralized repository for the latest information on energy storage technologies, applications, policies and incentives and regulations. It also includes case studies, directories of developers, a map of projects taking place in the region and a business case tool that can be used to determine if a building would benefit from energy storage.
Nick Davis, Managing Director of AGRION, said: “The site allows building owners and operators to figure out if they’re a good fit for energy storage, identifies key factors, barriers to implementation, and introduces the right contractors and developers as next steps. Support from Con Edison, NYSERDA, and NYC have been invaluable as we promote resiliency in this City and beyond.”