Greensmith seeks to answer call for better battery
by Vandana Sinha
“...Greensmith Energy Management Systems LLC will install its first product...and [will have] a mid-August review of Greensmith’s product by the Palo Alto, Calif.-based Electric Power Research Institute (EPRI).
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July 20, 2009
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December 5, 2008
EPRI conducts extensive testing of Greensmith energy storage technology at Knoxville lab facility.
University of South Florida conducts extensive testing of Greensmith energy storage technology.
Vice President Biden Outlines Funding for Smart Grid Initiatives
"As part of the American Recovery and Reinvestment Act, the Vice President outlined plans to distribute more than $3.3 billion in smart grid technology development grants and an additional $615 million for smart grid storage, monitoring and technology viability.."
"As part of the American Recovery and Reinvestment Act, the Vice President outlined plans to distribute more than $3.3 billion in smart grid technology development grants and an additional $615 million for smart grid storage, monitoring and technology viability.."
Southern Company together with EPRI launches extensive energy storage pilot with Greensmith.
Greensmith launches backup battery for the grid
Exclusive By Emma Ritch, Cleantech Group
"The idea is that utilities could charge the battery when it's cheaper to produce energy, such as in the middle of the night, and could discharge that energy onto the grid when it's most expensive to produce power."
Exclusive By Emma Ritch, Cleantech Group
"The idea is that utilities could charge the battery when it's cheaper to produce energy, such as in the middle of the night, and could discharge that energy onto the grid when it's most expensive to produce power."
Greensmith Debuts Battery System
by Justin Moresco
“Startup says technology will allow utilities to avoid building new power plants and that it also expects to close $20 million in venture funding next year”
by Justin Moresco
“Startup says technology will allow utilities to avoid building new power plants and that it also expects to close $20 million in venture funding next year”
Proprietary Intelligent Battery Unit Ensures Immediate Reliability and Cost Value by Allowing Utilities to Shift Electricity Load from Peak-to Off-Peak, Provide Ancillary Services, and Efficiently Capture Solar and Wind Distributed Energy Generation
Washington, DC (December 02, 2008) – Greensmith Energy Management Systems, Inc., a leading innovator of intelligent Distributed Energy Storage Systems (DESS), today unveiled its proprietary battery unit which shifts electricity load from peak-to off-peak.
The storage system allows utilities to realize measurable reliability and cost benefits by recognizing immediate advantages of the peak versus off-peak arbitrage, ancillary services, efficient distributed energy generation capture such as solar or wind, and the reduction of electrical grid congestion during peak demand periods. The Greensmith DESS also actively manages the “green footprint” of energy sources corresponding to the load shape throughout the day.
“The electric power industry has been under increasing pressure from regulators and institutional investors to significantly reduce greenhouse gas emissions,” said Bruce Edelston, Principal of the Energy Policy Group, an industry consultancy. “Innovations like those from Greensmith will drive more efficient use of existing generation plants, as well as encourage the use of renewable energy sources.”
“Since the unit is controlled by the utility, the solution is transparent to the end user of electricity and does not require consumer behavior change,” said Rodney Smith, CEO and Co-founder of Greensmith. “Our invention will enable utilities to optimize grid performance providing peak reduction & smart load management.”
An innovative entry to the energy storage market, the Greensmith DESS solution permits utilities and Regional Transmission Organizations (RTO) to load-shift across time and customers to more efficiently manage electricity demand, reduce costs, and increase energy distribution reliability. By storing lower cost electricity at night and using it during the daytime peaks, the spot market purchasing of more expensive electricity to satisfy peak demand can be reduced. The Greensmith DESS base units are designed to shift up to 20 kWh of daily load using a proven proprietary battery management system operating for 3,000 to 4,000 cycles, equating to 8 to 11 years.
The unit is configured for sale to utilities and designed to provide centralized control in a manner complementary to existing or planned demand side management, AMI, and overall Smart Grid initiatives. These units may be installed outdoors with a small footprint, and operate with low maintenance over multiple years. The summarized benefits include:
- Flattens the Demand Curve through Peak-Load Shifting
- Centrally Controlled by the Utility
- Transparent to the End-User of Electricity and Does Not Require Consumer Behavior Change
- Helps Reduce GHG Emissions through Enablement of Alternative Energy such as Solar and Wind Generation
- Can be Installed Outdoors
- Safe Battery Technology Proven in the Automotive Industry
- Low Maintenance & Can be Operated for Years
Greensmith was recognized by utilities and state regulatory commissioners at the recent NARUC annual conference held at The Sheraton Inn New Orleans, November 16th-19th. The company also sponsored the Presidents Reception as well as presented the Greensmith DESS operating procedures and benefits throughout the exhibition.
About Greensmith, Inc.
Greensmith Energy Management Systems (www.Greensmith.us.com) is a provider of intelligent, distributed energy storage systems (DESS) that shift load and flatten peak electricity demand by utilizing electricity in distributed locations stored during off-peak hours. Privately held, and based in the nation’s capital, Greensmith is recognized by electric utilities and their state regulatory commissions as an innovative developer of storage medium for peak-load shifting and alternative energy generation. Greensmith has proprietary intelligent control technology for the storage of electricity and is poised to assist the electric power industry to more efficiently leverage existing generation, transmission, and distribution of electricity, as well as to facilitate the utilization of renewable energy sources. For more information, please contact info@greensmith.us.com.