Show Notes
Northeastern Rural Electric Membership Corporation (NREMC) is speeding up its plans to deploy three additional batteries to be operational by the end of May 2022—almost a year ahead of schedule—due to the successful operation of its first two batteries that came on-line in July 2021.
In August, NREMC charged its two batteries, 6 MW and 7 MW, with off-peak power and then successfully shaved its peak power needs with 100 percent of the batteries’ capacity. The cooperative saved $1.6 million on one of its peak days that cost it $4,500 to charge with off-peak power.
In this episode of CFC Solutions Cast, we chat with NREMC President and CEO Eric Jung about how battery storage is reducing the cooperative’s transmission costs, the assumptions and expectations of managing battery storage on its system, real-world results from this summer and why it is so important to select the right vendor.
Jung also will share his top three insights on battery storage that can help other cooperative leaders who are considering battery storage for their systems.