Patterns and Recommendations Identified Across New York's Largest Energy Consumers to Accelerate Energy Storage Deployment

NEW YORK, Sept. 28, 2016 /PRNewswire/ -- A recent report conducted by GridMarket has analyzed trends in energy use and building specifics in order to profile and identify ideal consumers of energy storage technology.

"Load Archetypes: A Cross Sectional Analysis of New York City's Largest Users to Help Accelerate the Deployment of Battery Storage" has found that while every building offers a distinctly unique opportunity, patterns are discernible across observed categories in energy usage, typical location of available space, and the quality of that space for integrating energy storage. Observed categories include:

• Large Commercial Office
• Multifamily Residential
• Commercial/Industrial
• Critical Facilities

The full report is available for free download by creating a profile here.

The report has been prepared by observing how individual buildings' 15-minute and hourly interval data help inform the nature of peak demand spikes relative to the general load profile. Also incorporated into the analysis was availability of the space and infrastructure needed for installment. 

"Understanding a building's energy consumption at the granularity of 15-minute intervals is vital to accurately sizing battery storage deployments that can leverage multiple value streams for end users - generating attractive economic returns for property owners.  By evaluating patterns that emerge both within and across given load archetypes, we have been able to develop system sizing recommendations that address differences in power usage across building type," according to Oisín O'Brien of GridMarket.

GridMarket has curated and presented this critical data and information in order to offer scalable project development strategies. The New York State Energy Research and Development Authority (NYSERDA) provided funding for the report. This information supports shifts in the energy industry like New York's Reforming the Energy Vision, NYC's energy storage deployment target of 100 MWh by 2020, and other unique state by state carbon reduction mandates, by offering the tools to enable and accelerate the development of energy storage and other distributed energy projects.

GridMarket used these findings to create suitability and sizing recommendations for over 1.4 million buildings in New York. These opportunities and recommendations can be found on GridMarket's data platform. A demo feature is available by creating a profile here.

Contact:
Jillian Caramanna
[email protected] 
212-725-2550

SOURCE GridMarket, LLC

Related Links

http://www.gridmarket.com