Generac storage systems can now participate in energy arbitrage situations
Generac Power Systems has announced that its line of home standby generators, commercial and industrial generators, and PWRcell solar + battery storage systems are being manufactured and offered as “Smart Grid Ready,” allowing customers to more quickly and seamlessly sell power back to the grid and offset energy costs. The Smart Grid Ready capabilities are being offered through Generac’s Enbala Concerto platform.
“Through this integration, Generac customers – residential, commercial, industrial and solar – are now capable of making major contributions to grid reliability, resiliency and sustainability,” said Aaron Jagdfeld, president and chief executive officer of Generac.
Via the new platform, Generac’s products can do more than just offer emergency backup power. Now they can also participate in demand charge management and time-of-use (TOU) arbitrage.
Current PWRcell and home standby generator customers will also be able to access Generac’s Concerto platform through a firmware update. The update will provide existing users with all the same distributed energy resource capabilities that will arrive standard on new products.
Generac’s Enbala Concerto real-time energy-balancing platform provides a highly flexible approach for creating controllable and dispatchable energy resources from flexible loads, energy storage and renewable energy sources. The platform gives energy retailers and utilities the flexibility to operate in real-time and to better manage the escalating complexities of increasingly variable energy assets.
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Original Source: https://www.solarpowerworldonline.com/2021/08/generac-storage-systems-can-now-participate-in-energy-arbitrage-situations/