Wood Mackenzie Recognizes Stem as Largest Storage Virtual Power Plant Operator in North America
SAN FRANCISCO – March 21, 2023 – Stem (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, today announced that it has been recognized as the largest energy storage virtual power plant (VPP) operator in North America by Wood Mackenzie, the leading provider of intelligence for the world’s natural resources sector. Wood […]
How AI and Software Are Transforming Virtual Power Plants
With the rapid adoption of renewable energy and battery storage – including commercial systems, residential systems, electric vehicles (EVs), and EV charging stations – virtual power plants (VPPs) are going to be far more prominent and dynamic than in the recent past. The only way for grid operators to capitalize on the aggregate power of […]
Stem, Inc. Announces South America’s First Virtual Power Plant and Completes First Smart Energy Storage Project in Chile
Stem, Inc. Announces South America’s First Virtual Power Plant and Completes First Smart Energy Storage Project in Chile Manufacturing facility energy storage system now operating on Stem’s Athena® software Project part of joint venture with Copec SAN FRANCISCO, Calif. – September 15, 2021 – Stem, Inc. (“Stem” or “the Company”) (NYSE: STEM), a global leader […]
The People Who Power Asset Monitoring and Optimization
Commissioning a battery energy storage system (BESS) is a major milestone, but it’s far from the finish line. Behind every successful battery project is a team of people working quietly behind the scenes to make sure that asset continues to operate safely, efficiently, and profitably—day after day, year after year. In this edition of The […]
Stem Dispatches 86 MW of Stored Energy, Enough to Power 103,000 Homes, During 5-Hour Flex Alert in California
Stem Dispatches 86 MW of Stored Energy, Enough to Power 103,000 Homes, During 5 Hour Flex Alert in California SAN FRANCISCO – September 9, 2022 – Stem (the “Company”) (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, announced today that its California virtual power plant (VPP) dispatched approximately 86 megawatts (MW) […]
Stem’s Inflation Reduction Act Insights: Direct Pay for Public Power Utilities and Electric Cooperatives
https://vimeo.com/742434927 What is the Inflation Reduction Act’s direct pay option for public utilities and electric cooperatives, and how should they be preparing to take advantage of energy storage and solar tax credits? Under the ITC, or investment tax credit as we’ve known it to date, project donors are able to recover a portion of their […]
Stem, Inc. Brings Smart Energy Storage to Electric Cooperative Projects with Today’s Power, Inc.
Stem, Inc. Brings Smart Energy Storage to Electric Cooperative Projects with Today’s Power, Inc. Integrated Smart Storage Solution Enables Grid Stability and Flexibility for Electric Cooperatives in a Growing Market MILLBRAE, Calif. – February 11, 2021 – Stem, Inc. (“Stem”), a global leader in artificial intelligence (AI)-driven clean energy storage systems, today announced the Company […]
The Future of AI in Power Grids is Here
Recently I spoke with Wall Street Journal reporter Asa Fitch for his article “The Key to Keeping the Lights On: Artificial Intelligence.” From the top he noted that Florida Power & Light (FPL) technology investments are paying off especially with the effects of Hurricane Wilma (2005) and of Hurricane Irma (2017). Both category five hurricanes […]
Reflecting on Stem’s Vision for Earth Day
Making an impact in the fight against climate change is the end goal of Stem’s Corporate Vision to accelerate the clean energy transition. We have always invested in delivering that Vision for our employees, customers, partners, investors and, of course, the planet. Our investments are paying off, and we have a lot to celebrate! Stem […]
How CCAs Can Maximize Value Through Battery Storage Procurements
This blog takes a deep dive into best practices for Community Choice Aggregators (CCAs) to procure battery storage. These best practices, along with additional information on drivers of energy storage value and how to capture that value, are discussed in further detail in Stem’s webinar, How California CCAs Can Leverage Battery Energy Storage Successfully. You […]