February 28, 2020
Energy storage farms or energy storage parks are standalone energy storage facilities. These types of projects may also be known as "FTM" (front-of-the-meter) facilities. Energy storage farms are comprised of a group of energy storage containers that include batteries, controllers, inverters, HVAC equipment, and transformers. Energy storage facilities will have an output capacity rating and also be sized to discharge energy for a certain duration of time. This duration of time may vary depending on the region, as well as certain technical or financial hurdle requirements.
In New York State the NYISO requires a minimum of a 4-hour discharge to participate in the ICAP wholesale power market. With the cost of energy storage systems steadily declining we will continue to see an increase in energy storage farms. Locating energy storage farms near load pockets may defer major transmission & distribution upgrades and/or substation upgrades.
Energy storage farms also have the ability to replace traditional "peaker plants". Peaker plants usually come with drastic negative environmental impacts and many other inefficiencies. These peaker plants are traditionally fueled by coal, oil and or by natural gas.
Keep an eye on thriving energy storage markets such as:
New York
New Jersey
Pennsylvania
Illinois
Minnesota
California
Arizona
Massachusetts
Long Island, NY
YSG Solar is a project development vehicle responsible for commoditizing energy infrastructure projects. We work with long-term owners and operators to provide clean energy assets with stable, predictable cash flows. YSG's market focus is distributed generation and utility-scale projects located within North America.
If you’re interested in energy storage then YSG is the way to go. Contact YSG Solar today to learn how it all works and how much you could save on your utility bills. Send us an email, or call at 212.389.9215 to learn more.