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Saturn Power and Peak PowerEnable Groundbreaking Participation of BTM Battery Energy Storage Facility in Ontario’s Operating Reserve MarketIn a milestone achievement, Saturn Power Inc. has earned approval to participate in the Independent Electricity System Operator’s (IESO) Operating Reserve market via an operational behind-the-meter (BTM) battery energy storage facility controlled by Peak Power’s innovative energy management software.
Peak Power is a cleantech company with a core focus in Energy Management and Energy Storage. Saturn Power is a renewable energy developer and operator specializing in Solar and Energy Storage project development, financing, and operation. Saturn Power and Peak Power collaborated to develop a custom solution to enable BTM distribution-connected energy storage projects to offer Operating Reserve capability. The solution employs the Peak Synergy energy management software paired with Saturn’s 8.8 MW / 19 MWh operating battery energy storage project located in Southwestern Ontario. The BTM battery commenced operation in Operating Reserve in July 2022 and received official approval from the IESO after successful testing.
The IESO procures Operating Reserve services for energy supply contingency. If required by the IESO, the Operating Reserve market enables participants to provide standby power at a short notice. These services are called upon when there is a disparity between generation and load. Facilities participating in the Operating Reserve market must be able to quickly supply power and sustain as directed by the IESO.
Up until now, BTM assets have faced challenges to meet the rigorous operating requirements for the Operating Reserve market - however, the innovative software solution within Peak Synergy has allowed for this breakthrough. This milestone demonstrates that BTM energy storage could play a role in providing viable solutions to support IESO’s mandate of reliably operating the grid.
“We’re thrilled to once again be at the forefront of the clean energy transition in Ontario,” says Derek Lim Soo, CEO of Peak Power. “Thanks to our partnership with Saturn Power, we’ve demonstrated that BTM assets can participate in Operating Reserve, provided they have the right technology. Saturn Power will, meanwhile, benefit from having reserve energy immediately available without having to ramp up fossil fuel resources, furthering their clean energy goals.”
“Saturn Power strives to operate on the cutting edge of renewable energy technology, with our dedicated team members working hard to develop the tools and relationships that allow us to understand and implement the technology in a viable and mutually beneficial manner.” said Doug Wagner, President & CEO, Saturn Power. “Working closely with Peak Power on this innovative distributed resource for Operating Reserve in the Province is further evidence of what is possible in the renewable energy sector when determination, collaboration and ingenuity are combined. We are proud that this project will serve a foundational role in the efforts to create a sustainable environment for future generations”.
Given its pioneering status in Canada, this milestone achievement brings visibility for further storage integration opportunities in the IESO market and is an important case study for the storage industry in the country.
Additional Resources
To learn more about the cleantech software enabling energy market participation, visit https://peakpowerenergy.com/energy-solutions/energy-storage-optimization/.
To learn more about the advanced energy storage making this feat possible visit https://www.saturnpower.com/Storage.
Those interested in learning more about Operating Reserve can visit https://www.ieso.ca/.
About Saturn Power Saturn Power Inc., founded in 2007 and based in Baden, Ontario, Canada, has over 700 MW of renewable energy generation and storage projects in development, built or operating, including solar, battery storage and wind power projects in Canada, Bermuda, the United States and Turkey. The company also has expertise in project financing, engineering, procurement, and construction as well as the operation and maintenance of existing renewable assets.
Peak Power is a cleantech company founded in 2015 operating in Ontario, New York, New England, and California. Their flagship software, Peak Synergy, provides energy management solutions for commercial real estate and industrial customers by optimizing three core energy assets: battery energy storage systems, grid-interactive buildings, and electric vehicles. Peak Synergy enables customers to minimize operational costs, reduce emissions, and sell energy back to the grid. Peak Power’s software delivers results with innovative projects that take commercial and industrial scale storage systems and electric vehicles into electricity markets. Peak Synergy is deployed in over 13M sq. ft. of real estate, with ~116 MWh of battery and electric vehicle capacity under contract or committed.
Media Contacts
Peak Power Elaine Kwok (416) 452-0982 elaine@peakpowerenergy.com
Saturn Power Devin Petteplace 519-804-9163 ext:118 devin.petteplace@saturnpower.com
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In concert with their efforts to help create a sustainable environment for future generations through the advancement of clean energy, employees and management at Saturn Power spent the afternoon of Thursday April 25 doing their part to keep the community clean in honor of Earth Week.
Saturn Power, a developer of clean, renewable energy projects that is headquartered in Baden, Ontario sent a team out to clean up debris and litter from the area surrounding the on/off ramps near HWY 7/8 and Foundry Rd in Baden/Wilmot Township. Another dedicated team participated in the cleanup around Saturn’s Baden headquarters at 140 Foundry Rd, including the area adjacent to the Baden Pond.
The team ended up filling over two dozen large garbage bags full of litter, removing harmful waste from the environment while beautifying the local community they are proud to call home. Saturn Power would like to also provide a special thank you to Provincial Waste Systems of Elmira, Ontario for generously agreeing to pick up the large load of garbage from our office, without charge.
“We at Saturn Power recognize the importance of building a sustainable planet through the minimizing of waste and consumption efforts, in concert with the work we are doing to develop, build and operate clean, renewable energy projects across the globe.” said Ray Roth, Chief Operating Officer of Saturn Power. “As a company, and as a team, our goal is to help contribute to a more sustainable world for future generations and we will continue to strive, every day, to do better”.
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