Industrial energy management for the new energy era
Industrial energy management involves a lot of moving pieces. There are regulatory hurdles to overcome, energy costs to manage, process changes to account for, and growing risks in grid reliability. You can’t simply curtail electricity load by turning off equipment – you have production quotas to consider, widgets to get off the production line, and delivery deadlines to meet.
With the average manufacturing facility using 95.1 kWh per square foot per year, we understand energy managers, energy engineers, facility managers, and process engineers face unique challenges. Electricity is a major operational cost and part of COGS. Reducing the cost of electricity can improve financial performance or be passed on to customers to boost demand.
Industrial facilities are sitting on a lot of untapped potential. Vacant land or rooftops can be developed to generate electricity and store it in on-site batteries. Paired with Peak Power’s software and intelligent management, this can lower electricity costs, reduce Scope 2 emissions, and introduce new revenue streams.
There are a host of benefits industrial facilities can tap into when deploying battery energy storage systems paired with energy management software. Solutions that are good for the environment can be good for business.
Of the nearly 3,000 electric utilities in North America, almost all offer some form of energy incentives. That’s on top of the financial incentives being deployed at the municipal, state/provincial, and federal levels.
Many industrial facilities have unique advantages – like acres of rooftop space and vacant land – that could allow them to value-stack many of these programs.
But, these incentives won’t last forever. Now is the time to take advantage to reduce energy costs, participate in demand response programs, and build additional revenue streams.
Most industrial facilities are operating in 2-3 shifts, and don’t have the ability to simply curtail load when a peak event is going to happen. You can’t shut down machines or send your union employees home.
Clean generation sources, battery storage, and energy efficiency measures can help mitigate these issues.
By combining distributed energy assets alongside powerful optimization software, you can achieve energy cost reduction without interruptions affecting output. Not to mention the Scope 2 emissions reductions to meet regulatory and reporting requirements.
We deploy, operate, and optimize battery storage, grid-interactive buildings, and electric vehicles using a single software platform for customers and partners to pursue net zero goals, cut operating expenses, and unlock new revenue opportunities.
An integrated energy management software to unlock the value of your assets and support your financial and environmental goals and initiatives.
We provide turn-key solutions for businesses looking to install and deploy distributed energy assets. From financing to project management, we’ve got you covered.
At Peak Power, our world-class founding and executive teams bring deep experience across energy, engineering, software, and real estate to push the envelope of what distributed energy resources can do in the built environment.
Lactalis Canada Inc., a subsidiary of the world’s #1 dairy group, Lactalis Group, was looking for a solution to reduce their Global Adjustment energy costs and implement short-duration backup energy. Like many industrial sites, the rising costs of energy paired with momentary power fluctuations were impacting production levels, schedules and the bottom line.
Peak Power being a leader in innovative funding models, came to the table with solutions to tackle these issues. The result is a shared savings model – facilitating private financing and SREPS funding – to develop battery assets at five of their manufacturing facilities in Ontario without any capital expenditures from Lactalis Canada.
Ontario, Canada
Lactalis Canada
$1 million annually (projected)
2 MW / 4.5 MWh
“This was a truly collaborative partnership between Lactalis Canada, our project plants, and Peak Power and SWITCH Power with respect to site coordination, planning and installation. We look forward to seeing the positive impact from the savings we generate from the battery systems at our Canadian plants.”
–Rich Daniels
Strategic Purchasing Manager CAPEX North America, Lactalis Canada
Contact us to book your free virtual site assessment to determine if distributed energy resources could contribute to your financial and environmental goals.
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