SOLUTIONS
Energy Storage
Adding battery storage to solar, wind, EV charging and other renewable and distributed energy projects can increase revenues substantially. By discharging energy when it’s most valuable, battery storage creates tremendous value and flexibility for customers. For example, stored energy from solar PV can be released during peak periods to reduce demand charges for businesses, mitigate coincident peaks for utilities, or earn wholesale market revenues for independent power producers.
Stem services include:
System Design & Engineering
Supply Chain Management & Procurement
Energy Storage Value Stream Optimization
Warranty & Preventative Maintenance Plan Management
O&M Reporting
Program Enrollment & Incentive Management
Stem is a Global Leader in AI-driven Energy Storage
Stem builds and operates the world’s largest digitally connected storage network. We provide complete turnkey services for behind-the-meter (BTM) – markets like PJM and incentives & programs like Hawaii’s Battery Bonus Program, Connecticut’s Energy Storage Solution Program, and California’s Self-Generation Incentive Program – as well as front-of-the-meter (FTM) – markets like ISO New England, California ISO (CAISO), and Electric Reliability Council of Texas (ERCOT). Athena, our smart energy software, optimizes and controls storage systems in concert with other energy assets for businesses, developers, and utilities.
Unparalleled Expertise in System Design & Engineering
The first step in realizing successful energy storage projects is accurately modeling revenue streams and system performance over time. Stem has market-leading experience in designing hundreds of projects across many different markets and use cases. Our successful track record gives customers confidence in our ability to design and install systems that best fit their needs.
Increase Project Value with Wholesale Market Participation
For FTM projects, Stem’s Athena software decreases risk – for project developers, lead asset professionals, independent power producers, load-serving entities, off-takers, and investors. By adapting to dynamic market conditions, Athena maximizes project value over time.
Build Your Energy Resilience with Storage
With impacts from blackouts and power outages increasingly clear, demand for backup power solutions is at an all-time high. Stem brings extensive experience with critical resilience incentives, such as California’s Resiliency and Equity Resiliency incentives. Our best-in-class Athena software optimizes any viable combination of onsite resources to help customers achieve the level of energy resilience they want.
Future-proof Project Cash Flow
Address intermittency issues and protect project value against the risk of market rule and policy changes. Store excess generation to avoid solar clipping, and capture more value from incentives and programs. This will enhance project bankability and optimize your desired financial targets.
Optimize Your Energy Bills & Lower Demand Charges
As energy use changes and utility rates evolve, Stem uses our real-time Athena software to predict the optimal times to store and release energy. For business customers, this maximizes savings by lowering demand charges on utility bills.
Participate in Demand Response Programs
With built-in integrations to demand response programs through Athena, Stem helps businesses and asset owners participate in demand response programs that provide grid relief and generate revenue from battery storage systems.
Featured Case Study: Construction Plant
Granite Construction
Faced with rising demand charges and changing rate structures, Granite pursued energy storage to gain the flexibility to buy energy at the most inexpensive times and use stored power when costs are higher. The success of its first Stem project moved Granite to install Stem systems at four other locations. In 2020, the combination of Stem’s Athena smart storage software and a storage-friendly tariff saved Granite $860,000 on utility bills.
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System Size:
220kW / 880kWh
1-Year Savings:
$860K across five sites
