Convergent’s 8.5-MWh storage project to reduce Husky’s Global Adjustment
November 28, 2017 - Convergent Energy+Power says it has finished work on an 8.5-MWh energy storage project at Husky Injection Moulding System Ltd. (Bolton, Ont.), and will be operational as soon as Hydro One finishes its interconnection work.
November 28, 2017 By Anthony Capkun
“We look forward to realizing significant savings from this system to help us remain competitive over the long-term” said Robert Meek, director, Global Facilities with Husky. “This battery system is a crucial part of our innovative, forward-looking strategy to decrease both operating costs and our overall environmental impact.”
The project is designed to reduce Global Adjustment demand charges, says Convergent, which account for up to 70% of electricity bills for some customers in Ontario. The Husky project is anticipated to reduce electricity cost on the load it addresses by 15-30% per year starting in 2018.
“We deploy energy storage to reduce electricity costs for our customers under a shared savings agreement,” said Johannes Rittershausen, Convergent’s CEO. “That means we handle all the cost and risks of building and managing the project, and the customer shares in the savings created. If we do not deliver, our customers do not pay.”
Convergent worked with Lockheed Martin Energy to install the latter’s GridStar lithium battery systems. Convergent says it also used local vendors for the balance of plant equipment, Ontario-based S&T Electric for construction management, and SNC Lavalin for the design work.
PHOTO: Convergent’s 8.5-MWh energy storage project aims to reduce Husky’s Global Adjustment. Photo courtesy Convergent.
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