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Published: 26 Apr 2021, 08:20
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Image: Con Edison via Twitter.
To reduce strain on the grid as renewable power and demand both grow, two New York utility companies have awarded contracts for flexible demand management to commercial and industrial (C&I) energy management specialist CPower.
CPower announced last week that Con Edison and National Grid subsidiary Niagra Mohawk Power Corporation have selected the company among providers of Dynamic Load Management (DLM) to their networks: peak shaving to reduce businesses’ use of electricity at times when it is most in demand. Battery storage, charged with power from renewable energy or from the grid at off-peak times of lower demand, can be used to reduce businesses draw from the grid at peak times and already the ability to use this peak shaving to lower Demand Charges, levied on commercial users of electricity in the US, offers a way to lower electricity costs significantly.
Con Edison and National Grid Select CPower for Dynamic Load Management Program in New York
New York businesses address peak demand reduction and load relief on the distribution grid while propelling forward the state s distributed energy resource goals
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BALTIMORE, April 21, 2021 /PRNewswire/ CPower Energy Management (
CPower ), a leading energy solutions provider, today announced that it has been selected as one of the awardees by
Con Edison and Niagara Mohawk Power Corporation d/b/a National Grid (
National Grid ) for each utility s Term-Dynamic Load Management (DLM) Program ( Term-DLM Program ) in New York. The Term-DLM Program is a day-ahead peak-shaving program that will incentivize customers to provide load relief with 21 hours of notice or more. The program offers fixed pricing for contract lengths of three to five years and longer-term price certainty compared to tariff-based DLM programs, which can change pricing annually.