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  • Testimonial

    "I love the batteries, but I love the software even more. I’ve doubled the value of my Stem system using PowerScope."

    Harry Hobbs
    InterContinental Hotels
  • Unlocking the value of intelligent energy storage

     

    By Karen Butterfield    |   Chief Commercial Officer

    Adobe’s Stem system, pictured here, automatically reduces demand charges and participates in the California ISO electricity markets to generate added value.

     

    “Software platforms will send us into the next era of growth.”

    Davion M. Hill, DNV GL Americas Energy Storage Leader

    In Utility Dive’s recent feature story, Greater than the sum: How aggregation is making storage into a software business,  Hill and other industry experts claim the next era of growth will be driven by distributed, software-enabled energy storage. Software platforms like Stem’s enable the aggregation of distributed storage to provide the same services as utility-scale storage, while simultaneously generating savings and revenue for storage  customers.

    aggregation concept

    As the leading developer of the intelligence behind distributed energy storage, Stem’s mission  has always been to maximize the value of storage with  software so we deliver benefits  to  energy  consumers  and  the  grid. This multi-pronged approach is at the foundation of Stem’s business model. We’ve proven its effectiveness through our work with utilities including Pacific Gas & Electric (PG&E), Hawaiian Electric Company (HECO), Southern California Edison (SCE) and San Diego Gas & Electric (SDG&E).

    Through PG&E’s Supply Side Pilot (SSP), Stem became the first company to bid distributed storage assets into the California ISO real-time and day-ahead electricity markets. This partnership allows us to provide energy to the grid when it’s most needed, while also enabling  commercial energy consumers such as  Adobe and InterContinental Hotels to earn extra revenue by directly supporting the efficiency and reliability of the grid.

    In the case of Adobe, which Stem has worked  with since 2014, we initially produced savings through automated demand charge management. When  PG&E’s SSP program started less than a  year later, we provided Adobe with the added benefit of grid support payments  using the same storage systems that manage demand. This added value  did not require changes to Adobe’s operations or the system’s hardware. We simply adjusted our software algorithms to enable Adobe to make money.

    Stem’s  work with customers, utilities, and grid operators shows that distributed storage can perform many functions – and deliver cost savings and new revenue streams – for numerous stakeholders. Our intelligent software as a service is the key to unlocking these benefits.

    Interested in learning more about Stem’s software? Schedule a demo.