Generated by All in One SEO Pro v5.0.0.1, this is an llms-full.txt file, used by LLMs to index the site. # Peak Power Making it Profitable to Pursue Net Zero ## Posts ### [Navigating Demand Response: Find the Right Program for Your Facility](https://peakpowerenergy.com/2024/09/04/navigating-demand-response/) **Published:** September 4, 2024 **Author:** jonathan@peakpowerenergy.com **Content:** As an energy manager of an industrial or manufacturing facility, one of the challenges that probably keeps you up at night is reducing your facility’s utility bill. After all, how do you reduce consumption and avoid peak charges when so many of your operations are mission-critical? That’s where energy storage and demand response programs come in. While demand response programs were developed to help balance the electrical grid at peak times and avoid blackouts and brownouts, they have many trickle-down benefits for facilities and the greater community. By enrolling in a demand response program, facilities can realize significant bill savings for reducing their energy demand during these periods of peak stress on the grid. In some cases, they can even earn revenue through grid services. Essentially, demand response programs monetize your facility’s ability to be flexible with its energy usage. In this blog post, we take a deep dive into the world of demand response programs, how they work, and which programs are available. ## **Demand response 101: Understanding the basics** Balancing the electrical grid is no small task. The grid is being stretched to the max to meet our insatiable need for energy for everything from cooling and AI to EVs. Add to that the intermittency of renewables, and you have a perfect storm. Demand response programs help utilities meet this demand without relying on fossil fuel-fired peaker plants. What does all this mean for you? Demand response (DR) is an[ energy flexibility program](https://web.archive.org/web/20251107002113/https://www.energy.gov/oe/demand-response) that maintains grid reliability and security while helping lower electricity prices. At peak times, such as during a heat wave when the need for cooling spikes, demand may surpass a utility’s generation capacity. In this case, a utility will either be forced to rely on peaker plants or ask demand response participants to lower their demand, mitigating any possible grid issues. And that’s where your facility can play a key role. During a DR event, a facility will reduce or eliminate unnecessary energy loads (load shed). However, this isn’t always possible, and in those cases, [load shifting](https://peakpowerenergy.com/2024/07/17/peak-shaving-or-load-shifting-heres-what-every-industrial-facility-needs-to-know/) might be a more effective strategy. This refers to shifting when the peak load occurs to reduce the demand costs and balance the grid. There’s also a sophisticated form of load shedding known as [automated demand response](https://betterbuildingssolutioncenter.energy.gov/sites/default/files/attachments/Demand%20Response%20in%20Industrial%20Facilities_Final.pdf), which automatically sheds loads based on pre-programmed policies between the utility and its customers. Often, batteries are used for load shifting and load shedding as they enable a facility to lower peak demand. When choosing a demand response program, you might come across the term demand-side management (DSM). While they are similar, there are some noteworthy differences. The key distinction is the aim of the program. With DSM, the focus is on reducing energy demand over the long term. This would include things like switching to energy-efficient light bulbs or rebates for customers who purchase ENERGY STAR-certified appliances. Demand response, on the other hand, reduces or shifts demand in response to real-time grid events, helping address fluctuations as they happen. ### **Demand Response in Action** Lactalis Canada Inc., a subsidiary of the world’s #1 dairy group, Lactalis Group, was looking for a solution to reduce their demand charge costs. Like many manufacturing and industrial sites, the rising costs of energy paired with momentary power fluctuations were impacting production levels, schedules and the bottom line. With three sites live so far, the batteries reduce energy costs through peak shaving and demand response, with a focus on reducing Global Adjustment charges. The batteries are operated in accordance with Peak Power’s industry-leading grid event forecasting capabilities. **Impact:** - *Reduced utility costs* - *~$184,000 energy savings as of September 2024* [See the full project details >](https://peakpowerenergy.com/project/lactalis-canada-zero-cost-resiliency/) [![Demand response-enabled battery in front of a dairy processing plant](https://peakpowerenergy.com/wp-content/uploads/2023/02/Lactalis_Approved-1-300x225.jpg)](https://peakpowerenergy.com/project/lactalis-canada-zero-cost-resiliency/) **Customer** Lactalis Canada**Location** Ontario, Canada**Activation** 2021**Capacity** 2 MW / 4.5 MWh## **Why facilities choose to become demand response resources** Participating in a DR program is not only an opportunity to tap into a new revenue stream but also turns energy consumers into prosumers who can play an active role in shaping our energy future. By helping balance the grid, these facilities are contributing to a cleaner tomorrow. #### Other benefits of participating in a demand response program: - **Lower energy costs** due to curtailing energy usage at peak times - **Generate revenue** from your ability to reduce energy consumption during peak times - Contribute to your local community** by helping avoid blackouts and brownouts - **Protect operations** by preparing your equipment for blackouts when you receive a DR warning - **Reduce emissions** by helping utilities avoid peaker plants There are demand response programs across the US and Canada. While they all have similar benefits, California, Massachusetts, and Ontario have the most favourable markets for generating revenue from demand response. These regions offer a range of demand response programs with robust incentives and support mechanisms that make enrolling in a demand response program worthwhile. ## **Making sense of demand response programs** Demand response programs vary greatly from state to state. Things to consider include the rates of payment, required response time, and whether there are any penalties. #### A few of the most popular demand response programs include: - **Capacity –** These are the most common type of demand response program. It usually has a longer response time than other programs. - **Economic –** These demand response events are in response to pricing spikes. The aim is to stabilize the near-term energy price level. - **Ancillary –** These are fast-response programs to balance the grid in the event of a power outage, extreme weather events, or insufficient generation. - **Utility –** These are utility-level programs that grid operators use to balance the grid. They can be combined with grid-level programs. ## **Choosing a demand response program that’s right for you** When choosing a demand response program, there’s a lot to consider, and the decision can quickly become overwhelming. It’s important to consider a range of factors, like whether you have specific revenue generation goals and which operations can be temporarily shut down. Once you’ve made these decisions and have a better idea of what you’re looking for, it’s important to explore the different demand response programs. Below, we break down the main demand response programs in California, Massachusetts, and Ontario. **Program name****Location & Provider****Description****Eligibility****Benefits**### **California** **Proxy Demand Response**California, CAISOA way for companies to sell their electricity savings directly to CAISO’s wholesale market without going through an intermediary.- 0.1 MW (100 kW) for Day-Ahead and Real-Time energy - 0.5 MW (500 kW) for Day-Ahead and Real-Time energy Non-Spinning Reserve, and Spinning Reserve - Smaller loads may be aggregated together to achieve minimum Financial incentives based on aggregated load reduction participation in energy markets.**Reliability Demand Response Resource (RDRR)**California, CAISOEnlists large energy users to reduce their electricity usage during times of emergency.- Minimum load curtailment of 0.5 MW (500 kW) - Deliver reliable energy in real-time, reaching full curtailment within 40 minutes - Minimum run time > 1 hour - Maximum run time < 4 hours Financial incentives based on aggregated load reduction participation in energy markets.### **Massachusetts** **Clean Peak Energy Standard**Massachusetts, Department of Energy ResourcesRewards renewable generation and energy storage systems that contribute to grid resiliency via demand response.- New renewable resources that came online after January 1, 2019 - Existing renewable resources that add new energy storage capacity of at least 25% of the renewable nameplate capacity - New energy storage that is charged primarily from renewables Over ten years, a CPS will save ratepayers $710 million net and reduce CO2 emissions by 560 thousand metric tons.**ConnectedSolutions**Massachusetts, utility-levelA utility-level program that offers incentives for reducing energy consumption during peak demand events, managed by Eversource, National Grid, Unitil.Must have an account with National Grid, Eversource, or Unitil. You can participate with renewable-only, renewable + storage, and storage-only systems.For Cape Light Compact Customers, Eversource, and Unitil customers, add $65/kW-summer (total $100/ kW-summer) to the Targeted Dispatch incentive when curtailing/discharging with electrochemical battery storage such as a lithiumion or redux battery.### **Ontario** **The Industrial Conservation Initiative**OntarioA demand response incentive for medium and large-sized facilities. This program rewards participants who shift usage away from peak hours.Must have an average monthly peak demand greater than 500 kW during an annual base period from May 1 to April 30.Save up to 1/3 off your bill.**Demand Response Auction**OntarioAn IESO-administered program where participants commit to reducing electricity consumption during peak periods.Large commercial, industrial, and institutional consumers with the ability to reduce load on short notice.Participants are paid based on their capacity to reduce demand. #### [Learn about more energy incentives and programs on our resources page >](https://peakpowerenergy.com/resources-battery-storage-operation/incentives-programs/) ## **Questions to ask before choosing a demand response program** While there are a range of demand response programs out there, the key is to find one that suits your needs and objectives. A good place to start is by asking the right questions. This will help you assess a program’s suitability. 1. **What are the eligibility criteria for participating?** Different DR programs are available for different customers, including residential, commercial, industrial, manufacturing, and agricultural. It’s important to check the eligibility requirements of a particular program to see if you qualify. 2. **What is the minimum load reduction or participation threshold required?** Most demand response programs have a minimum load reduction requirement to ensure participants contribute significantly to grid stability during peak demand. 3. **Are there penalties or consequences for non-compliance?** Some programs include penalties for failing to reduce electricity demand by the agreed-upon amount. 4. **How much control will you have over your energy usage during demand response events?** Some programs offer flexibility in how and when you reduce your energy usage, while others may have strict guidelines. 5. **How might participation in this program impact your day-to-day operations?** Reducing energy usage during demand response events can affect your facility’s productivity, especially if energy-intensive processes are involved. 6. **Are there specific technical requirements or equipment needed to participate?** Demand response programs may require specific technologies or equipment, such as smart meters or energy management systems, to monitor and manage energy usage during demand response events. 7. **What are the financial incentives?** Financial incentives are a key motivator for participating in demand response programs. These can include direct payments, bill credits, or reduced energy rates. 8. **What is the duration of the program, and what are the terms of commitment?** Knowing the duration of the program and the terms of your commitment is important for long-term planning. 9. **Are there any regulatory requirements?** Some demand response programs may have regulatory implications, especially if they are tied to government policies or incentives. 10. **How will integrating a battery affect your facility’s participation in demand response programs?** Integrating a battery will enhance your facility’s flexibility by enabling you to store energy for peak times, respond quickly to demand signals, and reduce reliance on the grid, thereby increasing your potential savings and program eligibility. ## **Final thoughts** While the world of demand response programs can be daunting at first, it’s worth exploring. Because with a little effort, you’re bound to find a program that suits your facility. Whatever your objectives, demand response programs are a powerful way to contribute to a stable grid and cleaner energy future, especially when you have the right technology. It’s truly a win-win. Reach out, and our energy experts will help you find the ideal program for your facility. If you’re seeking ways to optimize your current energy strategies, talk to us about our [end-to-end battery energy storage solution](https://peakpowerenergy.com/energy-storage-solutions/ders-development/) or our [peak event notification service.](https://peakpowerenergy.com/energy-storage-solutions/software-energy-storage-management/building-energy-management/) **Categories:** Blog **Tags:** load shifting, demand response --- ### [Ontario Global Adjustment Costs: What's Driving GA Rates in 2026 and Beyond](https://peakpowerenergy.com/2026/08/07/ontario-global-adjustment-costs-whats-driving-ga-rates-in-2026-and-beyond/) **Published:** August 7, 2026 **Author:** jonathan@peakpowerenergy.com **Content:** Ontario Global Adjustment (GA) is a charge applied to electricity bills that covers the difference between the market price of electricity and the actual cost of building, maintaining, and contracting the province’s power generation. For large commercial and industrial energy users, GA can represent a significant share of total electricity costs, often more than the underlying commodity price itself. (See [IESO’s overview of Global Adjustment](https://www.ieso.ca/Learn/Electricity-Pricing-Explained/Global-Adjustment) for the regulator’s own explanation.) Large-scale energy users in Ontario can spend hundreds of thousands of dollars each year on Ontario Global Adjustment charges, often without a clear understanding of what drives these costs or why they change so much from year to year. If you oversee production, energy procurement, or cost management at a commercial or industrial facility, you’ve likely felt this impact directly. This article breaks down what GA is, how it’s calculated for Class A and Class B customers, why rates have been unusually volatile, and what our analysts expect for GA costs through 2030 and beyond. ## What Is Global Adjustment in Ontario? Ontario’s Independent Electricity System Operator (IESO), the agency that administers the wholesale electricity market and manages grid infrastructure, applies two major components to electricity rates: energy cost and Global Adjustment. How that energy cost is billed depends on the customer. Residential and small business accounts pay a regulated energy price, either time-of-use or tiered pricing, set by the Ontario Energy Board. Interval-metered medium and large businesses instead pay the **Ontario Electricity Market Price (Ontario Price),** the actual wholesale price of electricity, as its own line item. GA is layered on top of either pricing structure, and it allows the grid operator to recover capital costs for energy generation: the investments required to build and maintain nuclear, hydro, solar, biomass, and gas generation, and to deliver energy services to the grid. It’s also important to note that electricity prices and GA are inversely related. Ontario introduced Global Adjustment in 2006, with the [Industrial Conservation Initiative (ICI)](https://www.ieso.ca/sector-participants/settlements/global-adjustment-class-a-eligibility) added in 2011. The ICI was introduced as a demand response program to encourage the province’s largest energy users to curtail their electricity demand during the province’s top 5 coincident peak events – the 5 hours each year where the Ontario grid is at peak demand. The goal of these programs was to repay major infrastructure investments across the province while promoting demand-side management among large energy users. GA has created ongoing confusion for customers, particularly in commercial and industrial markets where it contributes significantly to overall electricity costs. The term itself reveals little about what the line item actually represents. It’s also worth noting that GA applies only to large-scale energy users. Homes, farms, and small- to medium-sized businesses generally don’t see it broken out as a separate charge. For these customers, GA is baked directly into standard electricity rates. Some of this confusion has been compounded by Ontario’s [Market Renewal Program (MRP)](https://www.ieso.ca/en/Market-Renewal), which went live on May 1, 2025, and represents the most significant overhaul of Ontario’s electricity market since deregulation. MRP was the replacement of the old province-wide Hourly Ontario Energy Price (HOEP) with a nodal pricing system, Locational Marginal Prices (LMPs), and introduced a formal day-ahead market, changes designed to better reflect local congestion and generation costs across the grid. What MRP did *not* change is Global Adjustment itself: GA remains a separate charge, layered on top of the new nodal energy pricing, using the same underlying cost-recovery logic described above. In other words, the way Ontario prices *energy* changed substantially in 2025; the way it recovers *generation investment costs* through GA did not. If you’re interested in learning more, check out our [guide to Market Renewal Program for Class A customers](https://peakpowerenergy.com/2025/04/07/ontario-market-renewal-program-ieso/). Several components make up total GA costs, including new infrastructure built to complement Ontario’s large-scale generating facilities, [which include](https://can01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.ieso.ca%2F-%2Fmedia%2Ffiles%2Fieso%2Fdocument-library%2Fpower-data%2Fsupply%2Fieso-active-contracted-generation-list.xlsx&data=05%7C02%7Cjonathan%40peakpowerenergy.com%7C4a3724bce777428b172708deddba7913%7C8e3ddb0b18044afc955aaec5a5f484c8%7C0%7C0%7C639191992362551646%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=sXIr%2BoXvMWgPGqlwt0FurePCXA5XXzHfll5gDo8dHCo%3D&reserved=0): - 3 nuclear power plants - 6 gas generating stations - 5 hydropower facilities - 14 transmission-connected solar projects - 1 large biomass facility Maintenance and upgrades to existing resources, including recent and ongoing refurbishment work at all three nuclear power plants, also factor into GA. So do the province’s conservation programs, which help commercial and industrial energy users retrofit facilities to reduce consumption. ## How Global Adjustment Costs Are Calculated: Class A vs. Class B Every Ontario electricity customer pays GA, but *how* that cost is allocated depends on billing classification under the Industrial Conservation Initiative (ICI). Eligibility is tiered by average monthly peak demand: **Business Type****Class A Eligibility****Notes**Manufacturing/industrial (NAICS 31, 32, 33, 1114)500 kW – 1 MWCan opt in as Class AOther medium-sized consumers>1 MW and <5 MWCan opt in as Class ALarge energy users>5 MWAutomatically enrolled as Class A; can opt outBusinesses that qualify but aren’t automatically enrolled must opt in, and large consumers who’d prefer Class B must opt out, by **June 15** each year, based on the prior 12-month (May–April) base period. **Class A customers** pay their share of GA based on their **Peak Demand Factor (PDF)**: their consumption during Ontario’s five highest system-wide demand hours of the year, divided by the province-wide total consumption across those same five hours. For example, if a facility consumed a combined 20.015 MWh across the year’s top five peak hours, and Ontario’s system-wide consumption across those same five hours totaled 117,875.695 MWh, that facility’s PDF would be roughly 0.00017 (0.017%), and it would be billed that same percentage of the total monthly Class A GA cost pool. The IESO publishes the year’s top five peaks and system-wide totals after the base period closes, so a facility’s exact PDF isn’t confirmed until the following adjustment period begins. **Class B customers,** facilities that don’t participate in the ICI, which is most medium-sized businesses, pay GA by multiplying their total monthly consumption (MWh) by the Class B GA rate published on the IESO website for that month. The IESO actually publishes three variations of this rate each month (a 1st estimate, a 2nd estimate, and a final actual rate) to accommodate different utility billing cycles. If the rate on your bill doesn’t match the rate published on IESO’s website, that’s usually why. Your utility can confirm which variation they use. This distinction creates very different incentives. Class A customers are effectively rewarded for reducing consumption during anticipated system peak hours, a strategy commonly known as **peak shaving**. Class B customers are billed on total usage regardless of timing, so they have comparatively little incentive to manage *when* they consume electricity. It’s worth understanding the timing here, since Class A billing runs on a lag. GA calculations, and eligibility, for Class A customers are built on [two distinct 12-month windows](https://www.ieso.ca/Sector-Participants/Settlements/Global-Adjustment-and-Peak-Demand-Factor): - **Base period (peak-setting period):** May 1 – April 30. This is when a customer’s consumption is measured to determine ICI eligibility and to calculate their Peak Demand Factor against Ontario’s five highest system-wide demand hours. - **Adjustment period (billing period):** July 1 – June 30 of the following year. This is when the resulting PDF is actually applied to monthly GA charges. Base Period (Peak-Setting Period)Adjustment Period (Billing Period)May 1, 2025 – April 30, 2026July 1, 2026 – June 30, 2027May 1, \[Year X) – April 30, (Year X-1)July 1, (Year X) – June 30, Year X-1) In other words, a facility’s peak demand behavior this year won’t show up on its GA bill until roughly 14 months later — which is exactly why forecasting Ontario’s system peaks *before* they happen matters more than reacting to them after the fact. For facilities that qualify, opting into Class A and actively managing peak demand is one of the most direct levers available to control GA exposure. It can be far easier to manage demand during 5 hours, as opposed to all hours during the month, though it requires accurately forecasting when Ontario’s peaks will occur, since misjudging even one of the five hours can meaningfully change a facility’s PDF for the year. Businesses should review their energy profile and ICI eligibility annually, ahead of the June 15 deadline, to confirm they’re on the most cost-effective option. See [IESO’s Class A eligibility requirements](https://www.ieso.ca/sector-participants/settlements/global-adjustment-class-a-eligibility) for full criteria. ## Why Global Adjustment Rates Have Been Unsteady Even once you understand how your facility’s peak consumption feeds into GA, forecasting actual GA costs remains difficult. That’s because GA isn’t only a cost-recovery mechanism for the grid operator, it also functions as a flexible tool to manage volatility in the wholesale electricity market. Price volatility is bad for businesses and for the broader economy. It increases financial risk and drives up operating expenses. That’s effectively what happened in late 2025 and early 2026. GA and market price move inversely by design: many of Ontario’s generators are guaranteed a set contracted or regulated rate, so when the wholesale market price sits below that rate, GA rises to cover the shortfall, and when it rises above that rate, the relationship flips. In early 2026, wholesale prices climbed high enough to exceed the contracted rate for many generators, who had to return the difference. That surplus flowed back to customers through GA, pushing rates into negative territory rather than adding a charge. GA also shifts with system conditions and with changes to generator contracts and conservation programs. Several factors contributed to this dynamic: - A capacity shortfall at the Pickering Nuclear Generating Station, where aging reactors are being taken out of service while refurbishment work continues for the next several years. - Unseasonably cold winter weather, which drove up electricity demand and wholesale prices, requiring a larger GA offset. - Regional grid interdependency, when neighboring markets in the northeast face their own supply shortfalls during severe cold, they draw on Ontario’s grid, further tightening the wholesale market. - Increased reliance on flexible gas generation to fill supply gaps, typically at a higher marginal cost. ![](https://peakpowerenergy.com/wp-content/uploads/2026/07/APO-2026-uncertainty-1024x466.png) ###### Graph source: [IESO](https://can01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fieso.ca%2FSector-Participants%2FPlanning-and-Forecasting%2FAnnual-Planning-Outlook%2F2026-APO-Summary&data=05%7C02%7Cjonathan%40peakpowerenergy.com%7C4a3724bce777428b172708deddba7913%7C8e3ddb0b18044afc955aaec5a5f484c8%7C0%7C0%7C639191992362604810%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=CympwRsOcdm4UPK38WSXW50n%2BXGhrsaco5gouTbaP8I%3D&reserved=0) As a result of these pressures, GA rates trended downward through late 2025 and into early 2026. In December 2025, GA rates moved into [negative pricing territory](https://www.ieso.ca/sector-participants/settlements/global-adjustment-components-and-costs), meaning large energy users saw ratepayer credits reducing their bills rather than an added charge. This negative pricing period ended as winter turned to spring. Current and historical GA rates are published monthly on [IESO’s Global Adjustment data page](https://www.ieso.ca/power-data/price-overview/global-adjustment). It’s worth noting, however, that GA’s recent dip isn’t purely a market phenomenon; it’s partly due to subsidy timing. Since 2021, Ontario’s Renewable Cost Shift program has shifted a portion of the above-market costs of roughly 33,000 legacy renewable energy contracts from electricity bills to the general provincial tax base. As of 2025, this is still delivering an average 14% bill reduction for industrial (Class A) customers and 11% for medium-sized commercial customers, per Ontario’s own [*Energy for Generations* plan](https://peakpowerenergy.com/2025/06/23/ontario-energy-plan-class-a-global-adjusment/). However, the province’s Financial Accountability Office projects this discount will shrink gradually over the next two decades as the underlying legacy contracts expire. Combined with a growing share of new generation being procured through availability-based contracts (which get paid regardless of whether they’re dispatched, and are recovered entirely through GA), the underlying trend in total electricity costs has been upward over the past several years, even in periods when the GA line item alone looked flat or falling. ## Why Global Adjustment Costs are Expected to Rise Reduced GA rates are unlikely to last. Peak Power’s energy markets team, drawing on IESO capacity planning data and current power purchase agreement (PPA) timelines, forecasts that GA rates will climb over the next several years — potentially returning to historical highs in the range of several hundred thousand dollars per megawatt-year, a level last seen during a prior peak in Ontario’s generation contracting cycle. The market drivers behind this outlook are well known in the industry: - **Expiring supply contracts.** Several gigawatts of generation capacity operate under power purchase agreements set to expire in 2029, including the 2.1 GW gas-fired Lennox Generating Station. Renewing or replacing this capacity will likely mean new contracts priced to reflect current construction, fuel, and operating costs, all of which flow into GA. - **Rising demand.** The IESO’s long-term outlook projects Ontario’s net annual energy demand growing from roughly 152 terawatt-hours (TWh) today to approximately 250 TWh by 2050, driven by electrification, industrial expansion, data center growth, and population increases. This will require the build out of much more energy supplies in the province. - **Nuclear refurbishment and new build costs.** Ontario is investing in small modular reactors (SMRs) at the Darlington Nuclear Generating Station, with current cost estimates around CAD 21 billion. As a first-of-its-kind deployment in Canada, that estimate carries meaningful uncertainty and could increase. Once online, recovery of these costs will likely flow through GA. - **Natural gas price exposure.** Wholesale gas prices, a key input for Ontario’s gas-fired generation, remain sensitive to global supply disruptions. Global instability reflected by the Russia-Ukraine war and chokepoint at the Strait of Hormuz can disrupt gas supplies at any time. Gas prices are also affected by extreme weather, production and infrastructure constraints, and more. The trendlines are clear. Electricity demand is expected to rise for many years to come, and Ontario is committed to procuring electricity that could add sizable cost recovery to GA rates. The graph below prepared by our markets team and supported by an independent third party, shows projected GA costs to rise to nearly $900/MW by 2044 ![IESO Global Adjustment Forecasted Values](https://peakpowerenergy.com/wp-content/uploads/2026/07/IESO-Global-Adjustment-Forecasted-Values.png) ## How Businesses Can Reduce Global Adjustment Exposure No matter how Ontario manages GA rates, the realities of grid modernization remain the same. Aging grid infrastructure will continue to get older, demand will continue to rise as we fully enter the AI age, and the need for better flexibility and grid utilization will continue to grow. Facilities that build in flexibility now will be better positioned as GA costs rise. **Behind-the-Meter (BTM) [battery energy storage](https://peakpowerenergy.com/battery-energy-storage-development/)** is one of the most direct tools available. Facilities that integrate distributed energy resources, particularly battery storage, can respond more quickly to changing electricity prices and grid conditions. Battery systems, paired with leading [grid event forecasting](https://peakpowerenergy.com/energy-storage-management/), can be configured to automatically offset grid demand during a GA event, discharging stored energy instead of drawing from the grid during a forecasted GA event. Timing matters here. Most energy infrastructure projects, including new generation, major retrofits, or interconnection upgrades, can stretch project timelines to seven years or more. BTM battery storage projects, by comparison, can typically be completed in 12 to 18 months, making them one of the fastest available responses to rising energy costs. It’s also worth remembering that GA rates for Class A customers are determined using the *prior* year’s peak demand contribution. That means the value of any peak-management strategy — battery storage, curtailment planning, or demand forecasting — shows up on future bills, not immediately. Facilities aiming to control GA exposure in 2029, for example, should plan to have energy storage or demand-management systems in place well before then, since the base period used to calculate that year’s GA rate closes out roughly a year in advance. Even during periods when GA rates are low or negative, as seen in early 2026, the businesses best positioned for the next rate cycle are the ones that keep investing in demand flexibility now rather than waiting for costs to climb again. ## Frequently Asked Questions **What is Global Adjustment (GA) in Ontario?** Global Adjustment is a charge applied to every Ontario electricity customer’s bill, covering the difference between the wholesale market price of electricity and the actual cost of contracted, regulated, and conservation-related generation resources across the province. It’s administered by the IESO. How it’s calculated, and whether it appears as its own line item on your utility bill, depends on your billing classification. **What’s the difference between Class A and Class B customers?** Class A customers are large facilities that opt into the Industrial Conservation Initiative. This includes manufacturing and industrial businesses with average monthly peak demand between 500 kW and 1 MW, other medium consumers between 1 MW and 5 MW, and large consumers above 5 MW (who are automatically enrolled). They pay GA based on their contribution to Ontario’s five highest system-wide demand hours each year. Class B customers pay GA based on total monthly electricity consumption. **When do businesses need to opt in or out of Class A?** Eligible medium-sized businesses that want to opt into Class A, and large consumers (above 5 MW) who’d prefer to opt out of their automatic Class A enrollment, must do so by **June 15** each year. Eligibility is based on average monthly peak demand during the prior 12-month base period (May 1 to April 30). **Why did Ontario’s GA rate go negative in January 2026?** Rising wholesale electricity prices driven by factors including a Pickering Nuclear Generating Station capacity shortfall, unseasonably cold weather, and regional grid demand, temporarily resulting in ratepayer credits rather than added charges. **Why are GA rates expected to rise in the coming years?** Several gigawatts of generation contracts are set to expire in 2029, Ontario’s electricity demand is projected to grow substantially through 2050, and major nuclear investments (including new SMRs at Darlington) will eventually require cost recovery, all of which are expected to push GA rates higher. **Did Ontario’s Market Renewal Program change Global Adjustment?** No. The Market Renewal Program (MRP), which launched May 1, 2025, overhauled how Ontario prices energy, replacing the province-wide HOEP with nodal Locational Marginal Pricing and a formal day-ahead market. Global Adjustment was not part of this reform and continues to be charged separately, using the same cost-recovery structure it always has. **How can businesses reduce their Global Adjustment costs?** Class A-eligible facilities can actively manage consumption during anticipated system peak hours to lower their Peak Demand Factor. On-site battery energy storage is one of the most effective tools for this, since it can offset grid draw during GA events and can typically be deployed in 12–18 months. See our [peak demand forecasting and battery storage solutions](https://peakpowerenergy.com/energy-storage-solutions/) for more detail. **Categories:** Blog **Tags:** Peak shaving, Peak demand, Global Adjustment, Market Renewal Program, IESO, Peak forecasting --- ### [Earth Day 2022: Our Top 3 Good News Picks](https://peakpowerenergy.com/2022/04/20/earth-day-2022-our-top-3-good-news-picks/) **Published:** April 20, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** The theme for Earth Day 2022 – Invest in our Planet – really resonates with us at Peak Power. Every day, we’re **making it profitable for our customers to get to net zero**. The Earth Day [website](https://www.earthday.org/earth-day-2022/) perfectly lays out why businesses, governments, and investors are so important to transitioning to a green economy: *“We already know that private sector innovation (with public support) accelerates the kind of rapid change we need, like nothing else. And it pays.* [*Studies show*](https://hbr.org/2019/05/the-investor-revolution) *a direct correlation between sustainable business practices, share prices, and business performance. Companies who develop strong Environment Social Governance (ESG) standards have better profitability, stronger financials, happier employees, and more resilient stock performance.”* We couldn’t agree more. We know that combining economic and environmental interests is the only way to drive decarbonization at the pace needed to stave off the worst effects of climate change. In celebration of Earth Day 2022, we wanted to share our top environmental and climate good news stories since the [last Earth Day](https://peakpowerenergy.com/2021/04/22/an-optimistic-earth-day-policy-roundup/). ## **Canada’s 2022 Budget: Driving the Transition to a Net Zero Economy** We’re not going to sugar coat it – it took decades for governments to begin prioritizing climate and developing policy to build a net zero economy. But, in our view, the Canadian federal government’s 2022 budget is the first truly substantive budget that moves from recognizing the threat of climate change, to mobilizing Canada’s private and public sectors to take coordinated action. Chapter three of the [2022 federal budget](https://budget.gc.ca/2022/report-rapport/chap3-en.html#wb-cont) starts out stating, “Smart climate investments today are good for Canadian workers, good for the Canadian economy, and good for the planet. With the largest mobilization of global capital since the Industrial Revolution already underway, Canada has the chance to become a leader in the clean energy of the future.” And while no government budget is perfect, we wanted to highlight a few of the items that are genuinely exciting and give us a renewed sense of optimism. 1. The government is driving the transition to zero emissions vehicles (ZEV). For the first time, there are legally binding sales mandates coming that will ensure 20% of new light-duty vehicles sold in Canada by 2026 are zero emission. That will grow to 60% by 2030, and 100% by 2035. 2. The government is also investing to spur the infrastructure needed to support that scale of ZEV change and adoption. The budget sets aside $500 million for large-scale urban and commercial ZEV charging and an additional $400 million to fund charging infrastructure in suburban and remote communities. 3. Budget 2022 announced a potential investment tax credit of up to 30% for investments focused on net zero technologies, battery storage solutions, and clean hydrogen. 4. $194 million over 5 years to expand the Industrial Energy Management System program to support ISO 50001 certification, energy managers, cohort-based training, audits, and energy efficiency-focused retrofits. 5. $600 million over 5 years for the Smart Renewables and Electrification Pathways Program to support additional renewable electricity and grid modernization projects. 6. The establishment of the Canada Growth Fund to build Canada’s net-zero economy. This is a new “$15 billion government investment fund that will accelerate the investment of private capital into decarbonization and clean technology projects.” > *“Peak Power applauds the steps the government is taking to offset the capital costs of energy efficiency and other investments to improve the flexibility of the grid. To accelerate the transition to net zero, we would like to see the Federal Government invest in decentralized technologies, such as residential solar and storage, and vehicle to grid technology. These technologies can help accelerate the transition to a clean economy in a way that makes the grid more resilient compared to large scale projects. Decentralized energy also benefits everyday consumers rather than just a small number of large corporations and utilities as is the case with large-scale energy investments.” ⁠—*Matthew Sachs, Chief Operating Officer at Peak Power ## **Transportation Evolution: From Roads to Seas to Skies** It wasn’t too long ago that the idea of only having electric vehicles on the road seemed far-fetched. Now, many industrialized nations have defined paths to electrify the consumer vehicle market. It’s even moving beyond passenger cars, with public transit looking to go green. In fact, the Antelope Valley Transit Authority in California recently became the [first to go all-electric](https://electrek-co.cdn.ampproject.org/c/s/electrek.co/2022/03/22/antelope-valley-transit-authority-becomes-first-all-electric-transit-agency-in-north-america/amp/) in North America. This drive towards the electrification of transportation—a sector that makes up nearly 1/3 of all global emissions—is moving into the air and sea. The air transportation and shipping industries are actively pursuing innovative solutions to get to net zero. Here are just a few of the highlights: - Rolls Royce developed an [all-electric aircraft](https://www.bbc.com/news/uk-england-derbyshire-60068786) that broke two world speed records in 2021 - The Yara Birkeland, the world’s first [all-electric, autonomous container ship](https://www.cnn.com/2021/08/25/world/yara-birkeland-norway-crewless-container-ship-spc-intl/index.html), took its maiden voyage in 2021 - Airbus has publicly pledged to develop the world’s first zero-emission commercial aircraft by 2035 and has already developed three concept aircraft. - More and more companies are committing to net zero. CN Rail joined that list in 2021 and announced a commitment to net zero by 2050. ![Airbus ZeroE Blended Wing Body](https://peakpowerenergy.com/wp-content/uploads/2022/04/zeroe-blended-wing-body-concept-1024x682.jpeg)The Airbus ZEROe Blended Wing-Body model is straight out of a science fiction movie! Photo source: airbus.com> “At the 77th IATA Annual General Meeting in Boston, USA, on 4 October 2021, a resolution was passed by IATA member airlines committing them to achieving net-zero carbon emissions from their operations by 2050.” [⁠—International Air Transportation Alliance](https://www.iata.org/en/programs/environment/flynetzero/) The transportation industry is up for the challenge. It is uplifting (get it?) to see this sector step up to be part of the solution. ## **A Boom in Cleantech Investment** Cleantech investing saw a massive boom in 2021. Investors know it can be profitable to get to net zero. We talked about the Canadian federal budget but didn’t even mention the incredible success of Canada’s [inaugural green bond,](https://www.thestar.com/business/2022/03/23/ottawa-issues-5-billion-in-green-bonds-for-the-first-time-ever.html) which will help finance the needed investments in green infrastructure. The $5 billion bond saw unprecedented demand with over $11 billion in orders. And then there’s the record-setting level of investment in cleantech that took place in 2021. According to Emerging Tech Brew, “The first half of \[2021\] saw over $60 billion flow to climate-tech startups, per PwC, more than double the $28.4 billion invested in all of 2020. It’s now estimated that 14% of VC dollars go to climate tech.” And that pace of investment is forecast to accelerate. This is all part of a broader shift to sustainable investing and ESG (environmental, social, and governance) reporting. In fact, the United States Securities and Exchange Commission has recently proposed mandating climate risk disclosures by publicly traded companies alongside reporting on a company’s Scope 1 and 2 emissions. Investors know that environment and economics go hand-in-hand. ### **For Earth Day 2022, We Choose to be Optimistic** To quote the late Jack Layton, “Optimism is better than despair.” We think this is a perfect sentiment for Earth Day 2022. Although the climate challenges ahead of us are massive, we choose to be hopeful. We’re inspired by these good news stories, and all the major companies we work with that are taking real action to get to net zero. If your company has recently set net zero targets and you are looking at proven strategies to help you get there, Peak Power can help. [Set up a call with our team today](https://peakpowerenergy.com/contact-peak-power-inc/). **Categories:** Blog --- ### [Peak Power Recognized in Inaugural CleanAI 60 for Advancing AI-Driven Energy Optimization](https://peakpowerenergy.com/2025/10/08/clean-ai-60-energy-optimization/) **Published:** October 8, 2025 **Author:** jonathan@peakpowerenergy.com **Content:** Peak Power has been named to the inaugural **CleanAI 60**, a global list recognizing 60 ventures that use artificial intelligence to accelerate the transition to a more sustainable economy. Published by the CleanAI Initiative, the CleanAI 60 recognizes organizations demonstrating innovation, market traction, climate impact potential, and momentum across sectors including energy, mobility, manufacturing, agriculture, and the built environment. For Peak Power, the recognition reflects years of embedding artificial intelligence to solve practical challenges facing large energy users. As electricity markets become increasingly dynamic, organizations need better tools to anticipate grid demand events, respond to changing market conditions, and maximize the value of distributed energy resources (DERs) and electricity curtailment strategies. Peak Power’s software combines advanced forecasting, optimization, and energy market intelligence to help customers make smarter energy decisions that reduce electricity costs, unlock new revenue streams, and support long-term sustainability goals. > “The energy transition is creating new opportunities, but it’s also introducing more complexity for energy users,” said Derek Lim Soo, CEO of Peak Power. “We’re embedding AI into our solutions to help customers cut costs, unlock new revenue opportunities, and optimize how energy assets interact with the grid.” The CleanAI 60 highlights organizations applying artificial intelligence in practical ways to deliver measurable impact. For Peak Power, that means giving customers the intelligence they need to optimize [**battery energy storage systems (BESS)**](https://peakpowerenergy.com/battery-energy-storage-development/) and energy management strategies while helping create a more resilient and reliable electricity grid. View the complete **CleanAI 60** list on the [**CleanAI Initiative**](https://www.cleanai.com/#CleanAI60) website. # Why AI Matters in Energy Optimization Artificial intelligence is changing how organizations manage energy, not by replacing human expertise, but by making it possible to respond to an increasingly complex energy landscape with greater speed, accuracy, and confidence. Peak Power applies artificial intelligence across its solutions to help organizations make better energy decisions, whether they have battery energy storage systems or simply want greater control over their energy use. For customers with battery energy storage, Peak Power’s software platform uses AI-enabled forecasting and energy market intelligence to maximize asset performance by determining the optimal times to charge, discharge, and participate in electricity markets. For organizations without battery storage, [**GridPredict™**](https://peakpowerenergy.com/energy-storage-management/coincident-peak-notifications/) delivers many of the same forecasting capabilities to help customers strategically manage electricity demand. By accurately predicting peak demand events and providing actionable insights, GridPredict enables facilities teams to proactively curtail energy use, reduce demand charges, and improve operational planning—without requiring additional energy assets. Together, these solutions give organizations the intelligence they need to respond confidently to changing electricity market conditions. Whether through AI-powered battery optimization or predictive demand management, Peak Power helps customers: - Reduce electricity costs - Unlock new revenue opportunities where available - Improve operational resilience - Advance sustainability goals - Make smarter, data-driven energy decisions These outcomes become increasingly important as electricity markets grow more dynamic and organizations look for practical ways to improve energy performance without increasing operational complexity. Unlike many AI applications that focus on automation alone, Peak Power applies artificial intelligence where it delivers measurable business value. From forecasting peak demand events with GridPredict to optimizing battery dispatch in real time, Peak’s technology helps customers act on complex market and operational data to improve financial performance and strengthen grid reliability. ## Helping Organizations Unlock More Value from Battery Storage Today’s large commercial and industrial facilities are actively participating in electricity markets, reducing peak demand charges, improving facility resilience, and generating ongoing financial value through their energy strategies. Peak Power’s solutions help organizations capture that value by combining predictive forecasting with real-time energy market intelligence. The result is a smarter approach to energy optimization that maximizes financial performance while supporting sustainability objectives and grid reliability. **Categories:** Blog **Tags:** Energy Management, Peak forecasting, Energy managment --- ### [Virtual Power Plants vs. Distributed Energy Resource Aggregation](https://peakpowerenergy.com/2022/12/06/virtual-power-plants-vs-distributed-energy-resource-aggregation/) **Published:** December 6, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** The clean energy transition is well underway, and one thing that’s become certain as we inch toward a net zero future is that economies will inevitably become increasingly electrified. This post covers Distributed Energy Resource Aggregation (DERA), decentralized electricity resources interconnected with the grid; and Virtual Power Plants (VPP), a network of decentralized, medium-scale power generating units. ## **The Energy Race is on in North America** Reliant as we are on fossil fuels for heating our homes and driving our cars, we have seen some big movements in the last several months that are poised to massively accelerate the clean energy revolution. > We’re building 500,000 electric vehicle charging stations across the country. > > The great American road trip will be fully electrified. > > — President Biden (@POTUS) [December 3, 2022](https://twitter.com/POTUS/status/1599054477402804225?ref_src=twsrc%5Etfw) Spurred on by the Inflation Reduction Act (IRA), the U.S. is wholly embracing distributed energy resources, electric vehicles, and carbon reduction and mitigation technologies. This momentum has encouraged the passage of similar incentives in Canada – including those for energy storage – in addition to several other Canadian-made programs like Natural Resources Canada’s (NRCan) Zero-Emissions Vehicle Incentive Program and Sustainable Development Technology Canada’s (SDTC) innovation funding. The flip side to this coin? As we build out EV infrastructure and the adoption of electric vehicles increases, our countries’ electrical grids will need to support much higher electricity demand. The grid demand will be put under even more stress as trends continue with homes switching from forced-air furnaces to electric heat pumps. ## **Greater Stress on the Grid** This rise in electricity demand is something that many utilities and power producers are preparing for with a dash of uneasiness. Especially as they are scrutinized more publicly, given the unprecedented grid issues we’ve seen in the last few years; in Texas, California, and Ontario. Traditionally, electrical grids have been largely designed to carry power from massive power stations through miles of transmission and distribution lines. If we maintain the status quo, the easiest way to expand capacity is to build more utility-scale power plants and even more transmission and distribution infrastructure. However, these fossil fuel-powered plants fly in the face of the clean energy goals necessary to mitigate the impact of climate change. They’re also expensive, lengthy capital investments for grid operators, which then need to upgrade transmission and distribution networks to accommodate extra capacity. The result of all this? Higher energy costs for the end consumer, more environmental impacts, and more risks for grid failures in an increasingly volatile climate. We need something different. The energy demand curve has looked pretty much the same for the last few decades. But that is about to change dramatically in the coming decades as we electrify everything and bring more intermittent renewable generation online. Put simply, the growth of distributed energy resources (like energy storage and rooftop solar), paired with smarter electricity systems, is helping to flatten the energy curve. This will reduce the need for major infrastructure upgrades as well as the need for dirty, expensive fossil-fuel plants to exist only to meet energy demand spikes. ## **Where Does this Leave Grid Operators?** So, where does this leave grid operators? Well, the future is not as grim as some would indicate. If we act now (and we are!) we’ll avoid the worst; a future where EVs ([and electric semi trucks](https://www.canarymedia.com/articles/electric-vehicles/elon-musk-finally-delivers-on-the-long-awaited-tesla-semi-truck)) are plugging into a grid rife with rolling brownouts and still relying heavily on fossil fuels. Grid operators have been hesitant to embrace distributed energy resources (DERs) since they’re typically thought of as too small to support the needs of large grids. However, DERs can become a ubiquitous resource, with any number of small energy generators, from rooftop solar arrays and small wind turbines to battery energy storage, EVs, and even smart buildings. At Peak Power, we believe in a 4D energy future: one that is decentralized, digitalized, democratized, and decarbonized. We know distributed energy resources can power our transition. In fact, electric vehicles could become “[the most ubiquitous distributed energy resource out there, with a combined capacity that could dwarf existing nuclear power plants.](https://www.youtube.com/watch?v=5H1tMWKaRZc)” # **Distributed Energy *is* a Cornerstone of the Electrified Future** Distributed energy is quickly becoming a core resource as we move towards full electrification. When several small DERs are aggregated in one centrally controlled system, they *can* better compete with the large fossil fuel power plants. This gives us hope that we will see a future where power plants are made obsolete while, at the same time, grid operators are expanding grid capacity without costly capital investments. The concept of aggregating DERs is not new, but what may not be familiar with is that there are different ways to optimize these energy resources: ### ***Virtual Power Plants (VPPs)*** Virtual power plants (VPPs) are the best-known way to aggregate DERs, which isn’t surprising since the concept dates back to the late 1990s. VPPs pull together DERs like solar, energy storage, EV chargers, smart buildings, and more to give grid operators a way to make the most of these clean but typically small-generation assets. Software plays a critical role in operating DERs as a Virtual Power Plant because, individually, they often don’t meet the minimum size threshold required to participate in wholesale energy markets. Thanks to software developments, grid operators can embrace VPPs to relieve overstretched grids. They can operate the disparate DERs as a single resource to meet the needs of a grid. When demand is low, but the sun is high on a clear day, solar farms can be used to charge battery storage connected through the VPP. During times of peak demand, the grid can then draw the stored energy from the batteries to relieve strain. To put it in simple terms, the core function of a Virtual Power Plant is to supply resources to the **grid** in the **wholesale** electricity market. Distributed Energy Resource Aggregation is slightly different. ### ***Distributed Energy Resource Aggregation (DERA)*** As mentioned, a VPP operates various DERs as a single resource to meet size thresholds for participation in a wholesale energy market, and VPPs are typically managed by a systems operator. By comparison, Distributed Energy Resource Aggregation (DERA), while using the same general method of aggregation of energy resources as applied with a VPP, can take advantage of a variety of energy incentives and revenue streams – both behind- and front-of-the-meter – rather than operating solely within a wholesale energy market. Another major difference is that a DERA platform can be owned and operated by corporations with large buildings and energy load requirements that are looking for both financial and environmental benefits from their energy programs. DERA networks can participate in demand charge and coincident peak reduction programs that are offered by grid operators or utilities. A DERA can also participate in additional demand response programs offered by utilities, which reward users for drawing less energy from the grid during times of high demand. Both DERA and VPPs provide stated benefits both to the grid and ratepayers, and both options are good depending on the goals and who is going to operate the distributed energy resources. ### **Software as an Energy Enabler** At Peak Power, optimizing distributed energy resources is the centrepiece of our efforts to make traditional power plants obsolete. We’re proud that our software is both multi-asset (operating multiple asset types, including energy storage, electric vehicles, and buildings) and multi-objective (optimizing for economic, environmental, and/or resiliency goals). This is what makes our software different, and we’ve demonstrated how it can be in both applications: Both as a Virtual Power Plant or as a DERA platform. Peak Power’s software offers the flexibility to tailor an aggregation of DERs to any number of energy priorities for our partners. In fact, we received [a $5 million grant from Sustainable Development Technology Canada (SDTC)](https://peakpowerenergy.com/2022/09/27/peak-power-receives-5m-from-sdtc-to-deploy-dera-platform-in-north-america/) to help us further build out our DERA software platform. If you’re interested in learning more about how software can power your energy goals, [contact us](https://peakpowerenergy.com/contact-peak-power-inc/) to get in touch with one of our distributed energy experts. **Categories:** Blog **Tags:** Virtual Power Plants, Distributed Energy Resources, DERs --- ### [Achieving Precision in GA Forecasting: Maximizing Global Adjustment Cost Reduction in 2025](https://peakpowerenergy.com/2025/09/08/ontario-global-adjustment-cost-reduction/) **Published:** September 8, 2025 **Author:** jonathan@peakpowerenergy.com **Content:** ## **The Changing Ontario Energy Market** Ontario’s electricity system is in the middle of a significant transformation. Rising electrification, volatile demand patterns, and growing participation in demand response programs are making it increasingly difficult to predict when the grid will experience its highest system peaks. For decades, the *Independent Electricity System Operator (IESO)* has relied on demand forecasting to balance supply and demand, set pricing, and allocate costs such as the Global Adjustment (GA). But in 2025, using IESO’s forecasts for peak forecasting has become dramatically less reliable. For Ontario’s largest commercial and industrial (C&I) energy users, this matters because the top five coincident peaks determine a huge portion of next year’s GA costs. Missing just one of those five peaks can cost millions. This is where precision in peak forecasting becomes a true competitive advantage. Ontario is also shifting toward becoming a **double-peaking market**, meaning both winter and summer electricity demand will reach similarly high levels. Historically, Ontario has been a summer-peaking system, but by the 2030s demand growth from industrial expansion, data centers, and electrification will make winter peaks just as significant. [The IESO forecasts this dual-peak future](https://www.ieso.ca/-/media/Files/IESO/Document-Library/Decarbonization-Hub/IESO-Ontarios-Energy-Future-Spring-2024.pdf) and is proposing new clean supply resources to meet it. For large energy users, this shift underscores the importance of partnering with a market leader for global adjustment peak forecasting. ###### ![Ontario Peak Demand Forecast](https://peakpowerenergy.com/wp-content/uploads/2025/06/Ontarios-Net-Annual-Peak-Demand-Forecast-2026–2050.png) ###### Figure 1: Ontario’s Net Annual Peak Demand Forecast (2026–2050), Source: IESO, [2025 Annual Planning Outlook](https://www.ieso.ca/Sector-Participants/Planning-and-Forecasting/Annual-Planning-Outlook) ## **Why Global Adjustment Cost Matters for Large Energy Users** The Global Adjustment charge accounts for the costs of building and maintaining Ontario’s electricity system, including investments in generation and conservation. For C&I facilities with demand greater than 2 MW, participation in the *Industrial Conservation Initiative (ICI)* allows them to reduce GA costs by curtailing demand during the top five system peaks each year. The math is simple: - Hit more peaks → Lower GA costs next year. - Miss peaks → GA costs rise dramatically. But the execution is anything but simple. Predicting the exact hours of Ontario’s top five coincident peaks requires not just weather and load forecasting, but also accounting for how demand response participation and operational shifts across the province are reshaping demand in real time. # **Ontario’s Market Renewal Program and the Role of Global Adjustment** Ontario’s electricity sector is undergoing its *Market Renewal Program (MRP)*, a multi-year effort led by the IESO to improve efficiency and enhance competition in the province’s wholesale market. While MRP will introduce changes such as a single-schedule market and enhanced day-ahead processes, one constant remains: the **Global Adjustment is here to stay**. As outlined in [our recent article on the Market Renewal Program](https://peakpowerenergy.com/2025/04/07/ontario-market-renewal-program-ieso/), the GA charge will continue to represent a major portion of costs for large energy users. This is an important reality for Ontario’s C&I facilities. Even with evolving market structures, GA remains the single largest driver of electricity expenses. That means peak management strategies and accurate forecasting will remain the most effective levers for reducing costs. In other words, while the market around it is modernizing, the incentive to capture top peaks and minimize GA costs is not going anywhere. ## **2025: The Most Difficult Year Yet for GA Forecasting** This year, two unique factors have made peak forecasting more challenging than ever before: 1. **Demand Response Growth:** *Demand response (DR)* has grown in participation and impact. On high load days, DR activations can flatten the curve so much that peaks either disappear or shift to new times of day not explained by temperature or grid conditions. The result? No two peak days look alike. 2. **IESO Data Inconsistencies:** The IESO has acknowledged providing inaccurate load data on certain days without full transparency on when or how it will be remedied. Many market participants and service providers build their forecasts primarily around IESO-provided data. This year, that reliance has led to widespread misses of coincident peak events. Together, these factors have made 2025 a year in which **traditional forecasting approaches have struggled**, leaving many large facilities frustrated with underperformance. ## **Proven Results in a Tough Year** Despite these challenges, Peak Power’s forecasting has continued to deliver strong, measurable results for Ontario clients. - **4 of 5 Top Peaks Accurately Predicted** (within a strict 2-hour window) - **2 of those were #1-hour predictions** — meaning if facilities only had a single discharge hour, they still would have caught the peak - **25 calls** were made to achieve this precision — carefully balancing the need for accuracy with operational efficiency Importantly, we don’t “move the goalposts.” Some service providers claim peak hits if they fall within a 3–4 hour window, but we know that’s not realistic for facilities with 2-hour batteries or limited curtailment windows. Our standard is clear: a forecast is only counted as a hit if the actual peak hour is inside our top two predicted hours of the day. ## **Why Accuracy Matters to Your Business** For facilities which are large energy consumers, forecasting accuracy isn’t just about numbers — it translates directly into financial performance. - **Maximized Savings:** Every accurately captured peak results in Global Adjustment cost reduction for the following year, often representing millions in avoided costs. - **Reduced Risk:** Narrow 2-hour precision means batteries and curtailment strategies are deployed efficiently, reducing wear-and-tear and unnecessary operational disruption. - **Operational Certainty:** Confidence in forecasts allows energy managers and CFOs to plan with clarity, even in an uncertain grid environment. ## **What Sets This Forecasting Apart** While many competitors rely heavily on IESO forecasts and broad performance windows, Peak Power takes a fundamentally different approach. - **Independent Forecasting:** We don’t rely solely on IESO data, which has proven unreliable this year. Instead, we use multiple proprietary data sets and models to build forecasts that remain resilient even when official data is wrong. - **Tighter Accuracy Standard:** We only count a “hit” if the peak occurs within our 2-hour prediction window. This matters because it matches the operational reality of facilities with 2-hour batteries or curtailment programs — giving you a more honest measure of performance. - **Enhanced Data & Constant Innovation:** Our forecasting team integrates enhanced weather models, operational signals, and proprietary analytics. We continually evolve to adapt to Ontario’s fast-changing market conditions. This commitment to independence and precision is why our clients consistently achieve stronger GA reductions compared to facilities that rely on looser or less resilient forecasting methods. ## **Customer Benefits: What This Means for Your Facility** If you are a large Ontario energy user with more than 2 MW of peak load, the benefits of precision forecasting translate directly to your bottom line: - **Lower Global Adjustment Costs:** Capture more of the top five peaks and lock in significant year-over-year savings. - **Optimized Asset Use:** Batteries, backup generation, or load curtailment programs are deployed strategically — not wastefully. - **Competitive Edge:** Reduced energy costs improve operating margins and free up capital for reinvestment in core business operations. - **Peace of Mind:** Reliable forecasts mean you can focus on production and growth, not chasing unpredictable system peaks. ## **Looking Forward: Preparing for an Uncertain Future** Ontario’s electricity system is only going to get more complex. Load growth is outpacing new supply, demand response is expanding, and electrification of transportation and industry will reshape load curves in unpredictable ways. In this environment, accuracy and adaptability in forecasting will define winners and losers in GA cost management. Facilities that rely on outdated models or broad 3–4 hour windows risk overspending and underperforming. By contrast, facilities that adopt **precision-driven, independent forecasting** strategies will not only minimize costs but also position themselves as leaders in sustainability, resilience, and competitiveness. ## **Take Action for Global Adjustment Cost Reduction** Global Adjustment costs don’t have to be unpredictable or uncontrollable. With the right forecasting partner, large energy users in Ontario can take control of their GA costs, reduce risk, and unlock measurable financial value — even in the most challenging years. At Peak Power, we’re proud to deliver results that speak for themselves. Precision, adaptability, and customer savings are at the core of everything we do. And as Ontario’s grid evolves, we’ll continue to innovate to keep our customers ahead of the curve. Or, should we say, ahead of the “load curve.” **Ready to reduce your Global Adjustment costs? [Contact us today to book a discovery call](https://peakpowerenergy.com/contact-peak-power-inc/).** **Categories:** Blog **Tags:** Peak shaving, Energy Grid, Global Adjustment, IESO, Peak forecasting --- ### [Grid Modernization Leadership: Perspectives from Women Energy Leaders](https://peakpowerenergy.com/2026/03/12/grid-modernization-leadership-perspectives-from-women-energy-leaders/) **Published:** March 12, 2026 **Author:** jonathan@peakpowerenergy.com **Content:** Grid modernization leadership is being defined in real time as the electricity system evolves: more renewables, more [battery energy storage development](https://peakpowerenergy.com/battery-energy-storage-development/), more digitalization, higher peaks, and a faster pace of change across markets, policy, and technology. In honour of International Women’s Day, we hear from the women leaders at Peak Power on how leadership has evolved, which skills will matter most for the next generation shaping the future grid, and the advice they’d give to anyone considering a career in energy, climate, or infrastructure. ### **WHAT DOES LEADERSHIP LOOK LIKE IN A SECTOR THAT IS TECHNICAL, CAPITAL-INTENSIVE, AND RAPIDLY TRANSFORMING?** **Megan Davis:** In a sector that is technical, capital-intensive, and rapidly evolving, leadership means remaining continuously adaptable. The landscape is shifting quickly — from regulatory frameworks to market signals to technological capabilities — and static leadership simply doesn’t work in that environment. To me, strong leadership in this space requires the ability to reassess assumptions, pivot when necessary, and stay open to new information. It’s about balancing conviction with flexibility. You need a clear vision, but you also need the humility to adjust course as conditions change. Because the grid and energy markets are transforming in real time, the leaders who will be most effective are those who can evolve alongside the industry—not resist it. **Jayamali Kasige:** Leadership in the energy sector today requires navigating a fundamental shift. From conventional generation to renewables, storage, and digitalization. It’s not just about managing change; it’s about understanding the technical realities behind that transformation. In highly technical, capital-intensive environments, leaders need credibility with engineers and project teams. They must understand engineering constraints, system reliability, and safety; not at a surface level, but in a way that builds trust. At the same time, they must think commercially and strategically. Strong energy leaders need to translate technical complexity into financial and long-term strategic outcomes. They bridge engineering and business, ensuring that innovation is practical, reliable, and economically sound. **Kathryn Weber:** Leadership in a sector that’s technical, capital-intensive, and rapidly transforming needs to balance vision with coordination. It starts with reading the signals — understanding where the industry is headed, what timing matters, and which decisions need to be made before the window closes. Just as important is the ability to rally and align teams around a clear mission and purpose, especially when the work is complex and long-term. It also needs to be deeply collaborative. Energy and infrastructure bring together a wide range of expertise — across technical domains, commercial realities, policy, and operations — and the industry is full of interdependencies between teams, functions, and stakeholders. Strong leaders create the conditions for that collaboration: they connect dots across disciplines, build shared context, and bring people together to solve the problem, not just execute a plan. Finally, effective leadership in this space leans into the team’s strengths and values the diversity within it. Because the work requires such a broad mix of skill sets and perspectives, the best leaders foster an inclusive culture where people feel heard, respected, and able to contribute fully. They make space for different viewpoints, draw out expertise, and ensure those voices shape the decisions. I see those qualities reflected in the leadership team every day at Peak Power. **Barbara Rosado:** In a sector that is highly technical and rapidly transforming, it’s important to remember that we are still talking about people. Markets evolve quickly — with new regulations, technologies, and operating models — but the people working within them are evolving too. Change takes time to study, understand, and implement effectively. To me, leadership means recognizing that gap between transformation and human adaptation. A strong leader identifies where support is needed and creates the conditions for their team to succeed. That might mean providing clarity when regulations shift, helping prioritize in moments of complexity, or simply ensuring that learning is part of the process. It also requires understanding that people work differently. Some need structured check-ins and frequent alignment; others perform best with autonomy and space. Leadership is not one-size-fits-all. It’s about balancing individual needs with team objectives, while keeping everyone aligned around a common goal. In a capital-intensive and fast-moving industry, human awareness is essential. ### **A BELIEF ABOUT LEADERSHIP THAT HAS EVOLVED FOR YOU:** **Barbara Rosado:** I used to believe that a leader had to be intimidating; someone who questioned everything, pushed constantly, and led through pressure. For a long time, I thought that intensity was the standard. That belief changed when I encountered leaders who welcomed me as I am. They still challenged me and gave me space to grow, while also valuing the perspectives I brought to the table. That made me feel capable and useful, not small. I’ve come to believe that when leaders nurture that feeling in others, they don’t just drive performance, they build strong, confident teams. ### **WHAT SKILLS OR MINDSETS WILL MATTER MOST FOR GRID MODERNIZATION LEADERSHIP?** **Megan Davis:** I believe a commitment to continuous learning will be one of the most important mindsets for the next generation shaping the future grid. The energy sector — along with the technologies and software that support it — is evolving rapidly. Staying effective requires an ongoing investment in understanding both market dynamics and emerging tools. To remain impactful, we need to move as quickly as the industry does. That can be challenging, particularly in a complex, high-stakes space. Maintaining stability and confidence while also remaining humble and adaptable is essential. The leaders and contributors who are successfully leading grid modernization are those who recognize that expertise isn’t static. It’s built through continuous education, curiosity, and a willingness to evolve alongside the systems we’re working to improve. **Jayamali Kasige:** The future grid will require an expanded mix of skills and mindsets beyond those traditionally associated with the power sector. It’s not about replacing foundational engineering expertise, but adding new capabilities — particularly in digital systems and cross-functional collaboration. The grid is evolving from a centralized and predictable system into a digital, decentralized, and highly dynamic platform. Managing that complexity will require leaders and professionals who can operate across multiple domains. Those shaping the future grid will need strengths in engineering, digital technologies, market structures, and collaboration. The ability to connect technical knowledge with data, policy, and commercial realities will be essential to building a resilient and adaptive energy system. **Leigh Billinghurst:** Without hesitation, AI. But, more broadly, curiosity and continuous growth. The next generation of leaders in grid modernization must embrace AI, not resist it. We’re operating in a world where unprecedented amounts of data are available at our fingertips. The differentiator is no longer access to information — it’s how effectively we receive, interpret, and leverage it. The right tools allow us to focus less on searching for data and more on managing it, extracting insights, and acting on them. When used well, AI removes some of the administrative burden and creates space for higher-value thinking. It enables us to challenge assumptions, synthesize trends, and focus on solving industry challenges we’re facing for the first time. That shift allows leaders to be more forward-looking instead of reactive. But it’s not just about AI itself. It’s about being deeply curious. Asking better questions, investing in your own development, and continuously growing alongside your team and the industry. There are more ways than ever to acquire information, which can feel overwhelming. The leaders who thrive will be the ones who stay intentional, adaptable, and committed to growth. ### **WHAT ADVICE WOULD YOU GIVE SOMEONE CONSIDERING A CAREER IN ENERGY, CLIMATE, OR INFRASTRUCTURE?** **Leigh Billinghurst:** My advice is simple: get curious and get involved. There are countless events hosted by passionate people across the energy and climate space. Attend them. Meet people. Ask questions. Learn about the different paths this industry offers. It’s a sector filled with individuals who genuinely care about solving meaningful problems. If you’re motivated by tackling challenges that haven’t been solved before, problems that evolve daily and demand innovative thinking, this is the right industry for you. It fuels curiosity, growth, and a comfort with complexity. For me, what began as a desire to work in dynamic, fast-moving environments has evolved into something deeper: a passion for contributing to solutions that matter. Grid strain, rising energy costs, and political barriers aren’t going away; they’re becoming more complex. That’s exactly why we need smart, capable, and committed people entering this space. Find where your skill set can have the greatest impact. Stay curious. Invest in relationships. The opportunity to make a difference here is real. **Kathryn Weber:** Cannonball in! You won’t regret it. It’s a fast-growing space filled with people who are genuinely passionate about solving tough problems. If you’re looking for work you can tie to real-world impact, it’s hard to beat the feeling of contributing to systems that enable the energy transition. Be curious. The sector is constantly evolving — technologies shift, policy and market structures change, and the challenges are rarely static. Ask questions, stay open, and don’t be intimidated by what you don’t know at the start (especially in an industry full of acronyms!); the learning curve is part of what makes the work interesting. It also helps to get clear on what sparks your excitement. “Energy,” “infrastructure,” and “climate” are broad umbrellas, so take time to understand which areas align most with your interests and strengths, and where you can apply your skills and experience. Finally, lean into the community as you explore your interests. It’s a welcoming space, and there are lots of ways to connect locally and meet people working across different parts of the industry. People are happy to share what they’ve learned and help others find their path. **Barbara Rosado:** There are many ways to be involved in the energy sector. I naturally speak from an engineering and technical perspective because that’s my background, but the industry needs talent from many disciplines. For engineers, my advice is simple: master the fundamentals. Study and truly understand the basics — physics, mathematics, core power system principles, equipment, operational procedures, and market rules. We are in the middle of a major transformation, but transformation builds on foundations. Once you’re working full-time, it becomes much harder to go back and strengthen those fundamentals if they were overlooked. I would also encourage getting involved early in extracurricular activities, such as research projects, climate groups, and professional associations like IEEE. These experiences deepen your knowledge, expand your network, and help sustain motivation. For those from other backgrounds, the advice is similar: become excellent at what makes you unique. Then actively look for ways to connect your expertise — whether in policy, finance, data, or communications — to the energy sector. The intersection is where impact happens. ### **A BOOK, PODCAST, OR MENTOR THAT INFLUENCED YOU:** **Leigh Billinghurst:** I’m a big fan of Mel Robbins. Her “Let Them” theory really resonated with me. The idea that life is too short to hold onto habits or dynamics that no longer serve you. Her podcast continues to be both insightful and practical, covering everything from personal growth to daily habits and self-care. It’s a reminder to stay focused on what you can control and keep evolving. **Kathryn Weber:** - Mentors: We have a great People & Culture team, and I feel grateful to learn from and work with Leigh and Shivani. - Book: [*The Grid: The Fraying Wires Between Americans and Our Energy Future*](https://www.goodreads.com/en/book/show/26073005-the-grid) by Gretchen Bakke. - Podcasts: The Interchange and Open Circuit. **Categories:** Blog **Tags:** DEI, Energy Grid --- ### [What Ontario’s Energy for Generations Plan Means for Class A Global Adjustment Costs](https://peakpowerenergy.com/2025/06/23/ontario-energy-plan-class-a-global-adjusment/) **Published:** June 23, 2025 **Author:** jonathan@peakpowerenergy.com **Content:** *Authored by: Jessica M. and James C. from Peak Power’s Markets Team* Ontario is entering a new era in energy planning. In June 2025, the province released its Energy for Generations plan, a long-term supply framework to meet growing electricity needs through investments in nuclear refurbishments, new gas and storage facilities, renewables, and transmission infrastructure. The plan reflects Ontario’s goals of ensuring reliable, affordable, and sustainable power for the future. For Class A electricity customers, industrial and commercial consumers whose electricity costs are tied to their contribution to system-wide peak demand, these changes mark the end of a short-lived era of subsidy-driven relief. With Global Adjustment (GA) charges poised to rise sharply, Class A customers need to prepare now for a decade of higher costs. # The 2020 Class A Global Adjustment Subsidy: Temporary Relief Ontario’s 2020 budget temporarily reduced Global Adjustment costs by shifting a portion of the cost burden from electricity users to the provincial tax base. This subsidy created short-term relief for industrial and commercial customers, reducing electricity bills for Class A and Class B customers. However, that program was always temporary. As Ontario transitions into its long-term “Energy for Generations” supply plan, Class A customers face rising GA costs again, likely to exceed pre-2021 levels in the coming decade. ### Ending the Renewable Cost Shift Program In 2021, Ontario introduced the Renewable Cost Shift, a program that temporarily moved a large portion of above-market renewable energy contract costs, normally recovered through the GA ,onto the provincial tax base. This was done in response to mounting pressure over high industrial electricity costs. The Financial Accountability Office (FAO) summarized the subsidy’s impact: > **“$7.2 billion will be provided to reduce electricity bills for industrial ratepayers. Most of these payments ($6.9 billion) will be through the Renewable Cost Shift, which will provide a 14 per cent reduction to a typical industrial ratepayer’s electricity bill in 2021–22.”** > **— [*FAO, Ontario’s Energy and Electricity Subsidy Programs, 2022, P. 3*](https://fao-on.org/wp-content/uploads/2022/02/Ontarios-Energy-and-Electricity-Subsidy-Programs-EN.pdf)** This was a meaningful reduction, particularly for Class A customers, defined as large electricity users with peak demand generally over 1 MW (or 500 kW in select sectors). These users are billed based on their consumption during the five system-wide peak demand hours of the year, a structure known as the Industrial Conservation Initiative (ICI). However, the FAO also cautioned: > **“The discount will decline over time as the subsidized renewable energy contracts expire.”** The newly released Energy for Generations plan confirms that this temporary relief will begin phasing out in 2026. Once that happens, the full costs of legacy renewable contracts will return to electricity bills, placing the burden squarely back on Class A customers. In other words, the 14% relief enjoyed by Class A customers from 2021 through 2025 will begin coming to an end, and unless new mitigation measures are introduced, GA charges are likely to rise significantly in the coming decade. ### New Capacity Procurements Are GA‑Funded, Not Market‑Settled As part of Ontario’s *Energy for Generations* plan, Ontario is moving forward with a wide pipeline of new capacity procurements—ranging from gas generation and energy storage to renewable projects and nuclear refurbishments. Crucially, these projects are not compensated through market-set energy prices. Instead, they are paid through fixed availability contracts, with all associated costs recovered fully via the GA. This is supported by IESO documentation on settlement processes: - The [**IESO Non‑Market Settlement Manual**](https://ieso.ca/Sector-Participants/Market-Operations/Renewed-Market-Rules-And-Manuals-Library) explains that for contracted generators, “the contract payments will be recovered through the global adjustment” rather than through real-time energy market transactions. Adding further clarity, the [**Ontario Energy Board’s 2022 State of the Market Report**](https://www.oeb.ca/sites/default/files/msp-report-38-state-of-the-market-2022.pdf) defines GA as the mechanism that “reconciles differences between payments made to generators at the competitive wholesale market price and payments made at regulated rates or contracts that differ from the wholesale market price.” The cost of new contracts, like those from long-term RFPs, gas plant upgrades, and nuclear refurbishments, doesn’t flow through market electricity prices. Instead, they’re paid through the GA. As more of these contracts are signed, the GA pool will grow, increasing costs for Class A customers who are charged based on their contribution to system peaks. ### Rising Peak Demand Will Drive GA Costs Higher Ontario’s electricity system is entering a phase of sustained demand growth, driven by electrification, industrial development, and economic expansion. This growth will increase peak demand, the maximum electricity required at any moment on the grid, putting upward pressure, particularly for Class A Global Adjustment costs. The chart below from the IESO’s 2025 Annual Planning Outlook shows projected net annual peak demand rising from about 24 GW in 2026 to 36 GW by 2050 for summer peaks (a 48% increase) and from 23 GW to 37 GW for winter peaks (a 57% increase) over 25 years. ###### ![Ontario Peak Demand Forecast](https://peakpowerenergy.com/wp-content/uploads/2025/06/Ontarios-Net-Annual-Peak-Demand-Forecast-2026–2050.png) ###### Figure 1: Ontario’s Net Annual Peak Demand Forecast (2026–2050), Source: IESO, [2025 Annual Planning Outlook](https://www.ieso.ca/Sector-Participants/Planning-and-Forecasting/Annual-Planning-Outlook) This forecasted increase is driven by: - **Electric Vehicle (EV) Battery Plants and Charging Infrastructure**: The shift to EVs, including manufacturing and charging, is a major demand driver, expected to contribute 20 TWh by 2035. - **Hyperscale Data Centers**: Data centers supporting AI and cloud computing will account for 13% of new electricity demand by 2035. - **Building Electrification and Heat Pumps**: Residential and commercial sectors are adopting electric heating, increasing demand. - **Economic Growth in Urban and Industrial Hubs**: Areas like Toronto and Windsor are seeing industrial and population growth, boosting electricity needs. ## Why This Matters for Class A Global Adjustment To meet rising peak demand, Ontario must build and maintain: - **New Generation Capacity**: This includes gas, storage, and renewables procured through long-term contracts. - **Expanded Transmission and Distribution Infrastructure**: To connect new resources and support load growth. - **Refurbished or Extended Nuclear Units**: To ensure reliable baseload supply. As mentioned, all of these projects are funded through fixed-price contracts recovered through GA—not the market. Under the ICI, Class A customers’ GA charges are calculated based on their electricity usage during the five highest demand hours of the year. As system peaks increase and more contract costs are added to the GA, customers who cannot accurately predict and manage usage during peak hours will see significantly higher charges. ### Nuclear Refurbishment, Pickering Extension, and SMRs: GA Cost Drivers Ontario’s electricity reliability plan hinges on a major expansion and renewal of its nuclear fleet. While critical for long-term supply, these projects come with high costs that will be recovered through GA. For Class A customers, this means larger GA pools and higher exposure to peak-related charges, particularly during the transition to new nuclear capacity. ![IESO Nuclear Refurbishment Schedule](https://peakpowerenergy.com/wp-content/uploads/2025/06/IESO-Nuclear-Refurbishment-and-Retirement-Schedule.png) ###### Figure 1: Nuclear Refurbishment and Retirement Schedule:, Source: IESO, [2025 Annual Planning Outlook](https://www.ieso.ca/Sector-Participants/Planning-and-Forecasting/Annual-Planning-Outlook) #### Bruce and Darlington Refurbishments Ontario is refurbishing reactors at both Bruce Power and Darlington, with projects exceeding $12 billion at Darlington alone. These are fixed-price, long-term contracts, meaning ratepayers pay whether or not the power is needed or used. This means costs are embedded in GA, adding billions in fixed recovery costs over the next 10–15 years. #### Pickering B Life Extension The government extended the life of Pickering B (Units 5–8) through 2026. While this is less costly than a full refurbishment, it still adds operational and maintenance costs to the GA pool. #### SMRs: New Nuclear for the 2030s Ontario plans to build four SMRs at Darlington, with the first unit expected online by 2034. These units represent a major capital investment and will also be paid through availability contracts—adding yet another layer of fixed GA costs starting in the 2030s. ### Contracted Gas Capacity: Rising Fixed Costs in the GA Ontario is increasingly relying on contracted resources to meet growing system needs. Since 2022, the IESO has procured over 1,400 MW of firm capacity through various mechanisms: - 1,177 MW from the Expedited and Medium-Term RFPs - 255 MW through Same Technology Upgrades (efficiency gains at existing gas facilities) - 43 MW from the Brighton Beach natural gas upgrade These resources are paid based on availability, not dispatch. That means the system pays, via long-term contracts, regardless of how often the resources run. All associated costs are recovered through the GA. This shift away from market-settled generation is illustrated in the chart below: ![Class A Global Adjustment Ontario Energy Needs](https://peakpowerenergy.com/wp-content/uploads/2025/06/Remaining-Energy-Needs-and-Future-Procurements-and-Programs-Required-2029–2034.png) ###### Figure 1: Remaining Energy Needs and Future Procurements and Programs Required (2029–2034), [2025 Annual Planning Outlook](https://www.ieso.ca/Sector-Participants/Planning-and-Forecasting/Annual-Planning-Outlook) The growing dark blue segments show how a rising share of Ontario’s energy needs, especially by 2034, will depend on future procurements, all of which will be paid through contract structures that flow through the GA. ## Market Renewal Won’t Solve Global Adjustment Pressures In May 2025, Ontario launched the Day-Ahead Market as part of its broader Market Renewal Program. These reforms improve how electricity prices are set, increase transparency, and enhance system efficiency. But market efficiency alone won’t lower GA costs. Why? Because the bulk of Ontario’s electricity still comes from power plants that are paid for through long-term contracts or regulated rates. Even with a more efficient market, the structural cost burden of contracted capacity remains and will continue to grow. In other words, while the market reforms are useful, they don’t affect the part of the system where most of the money is spent. The GA will keep going up as Ontario adds more contracted supply to meet future demand. ## The Impact of “Energy for Generations” on Class A Customers The bottom line is clear: the phase-out of subsidies, surge in contracted capacity, and sharp demand growth all point to a new era of higher GA costs for Class A customers. As Ontario brings more capacity online through long-term contracts and continues with large infrastructure projects like nuclear refurbishments, the size of the GA cost pool is expected to grow. Because these costs are fixed and outside the energy market, they are passed on through the GA regardless of how much energy a customer uses overall. Unless customers can accurately predict and reduce usage during peak hours, they face increasing costs in the years ahead. ## Conclusion: Take Action Before the GA Curve Steepens The *Energy for Generations* plan signals long-term reliability and sustainability—but with real cost consequences for large energy users. With GA costs set to climb starting in 2026, proactive planning is no longer optional—it’s essential. At **Peak Power**, we help Class A customers protect their bottom line through: - [**Battery energy storage**](https://peakpowerenergy.com/battery-energy-storage-development/) systems to provide automated load curtailment and respond to grid GA events - [**AI-powered peak prediction** ](https://peakpowerenergy.com/energy-storage-management/coincident-peak-notifications/)with GridPredict to to notify you of GA events with precision Ready to reduce your GA exposure? [Contact us today to book a discovery call](https://peakpowerenergy.com/contact-peak-power-inc/). **Categories:** Blog **Tags:** Energy Grid, Global Adjustment, IESO --- ### [An Optimistic Earth Day Policy Roundup](https://peakpowerenergy.com/2021/04/22/an-optimistic-earth-day-policy-roundup/) **Published:** April 22, 2021 **Author:** jonathan@peakpowerenergy.com **Content:** All of us at Peak Power are feeling optimistic this Earth Day. Governments around the world have made concrete commitments to improve their environmental – and social – impact. Here are some items we are thrilled ## A Focus on Energy and Cleaning the Canadian Economy The 2021 budget aims to support a [green recovery](https://outline.com/p9qJfa) to create jobs, build a clean economy, and fight and protect against climate change. #### Highlights: - $17.6 billion towards a green recovery. This is on top of the $15 billion investment committed to via the Climate Plan released in December 2020 - $2.3 billion over five years to Environment and Climate Change Canada, Parks Canada, and the Department of Fisheries and Oceans ## National Resources Canada’s Smart Renewables and Electrification Pathways Program NRCan created a new $964M program to support renewable energy, energy storage and grid modernization (Smart Renewables and Electrification Pathways). This program is a monumental achievement for distributed energy resource (DER) adoption in Canada. It is also built upon a unique lens of justice, equity, diversity, and inclusion. ## Clean energy funding in the 2021 US Budget Request On March 31, President Biden released his administration’s [$2 trillion plan](https://www.washingtonpost.com/climate-environment/2021/04/20/biden-climate-change/) for the nation’s infrastructure and job creation. #### Highlights: - $400B towards energy efficiency and building upgrades - $174B in electric vehicle incentives - $100B towards renewing the electric grid and transitioning to clean energy - $81B towards advancing clean energy manufacturing and climate technology - To top it off, on Biden recently committed to slashing US emissions by 50% by 2030 ## EU Bringing Their Climate Commitments into Law This one is not financial, but major because this is now a [legal commitment for the entire EU to decarbonize](https://ec.europa.eu/commission/presscorner/detail/en/IP_21_1828). Considering the Peak staff couldn’t even agree on lunch orders pre-COVID, we admire the 27 member states for reaching this momentous agreement. #### Highlights: - The law transitions EUs political commitment to Net Zero into a legal commitment for Europe - It strengthens the European framework for climate action by adding - a 2030 climate target of at least 55% reduction of net emissions as compared to 1990 - a commitment to negative emissions after 2050 Creating a better planet is a shared value among the Peak Power team. We’re here because we can make a positive environmental impact. Peak Power supports optimized commercial building energy use, [grid resiliency](https://peakpowerenergy.com/2022/05/30/what-is-grid-mix-and-why-does-it-matter/), and is [revolutionizing electric vehicles](https://peakpowerenergy.com/energy-storage-solutions/software-energy-storage-management/v2g-vehicle-to-grid/). [Let us help you](https://peakpowerenergy.com/contact-peak-power-inc/) make changes for the better. **Categories:** Blog --- ### [Peak Power Receives $5M From SDTC to Deploy DERA Platform in North America](https://peakpowerenergy.com/2022/09/27/peak-power-receives-5m-from-sdtc-to-deploy-dera-platform-in-north-america/) **Published:** September 27, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** Today, [Peak Power](https://peakpowerenergy.com/), a Canadian clean tech company developing energy optimization software to decarbonize the commercial and industrial building sectors, announced that Sustainable Development Technology Canada (SDTC) has awarded the company $5 million CAD for the expansion of its Distributed Energy Resource Aggregation (DERA) platform across North America. SDTC helps Canadian entrepreneurs develop and deploy globally competitive clean technology solutions. Peak Power’s purpose is to make dirty power plants obsolete by providing tools needed for a decentralized electricity system that drives widespread adoption of renewables. The DERA platform is an evolution of their software that aggregates battery storage, grid-interactive buildings, and electric vehicles for partners to pursue net zero goals, cut operating expenses, and unlock new revenue opportunities. Working closely with SDTC, Peak Power’s DERA project will unlock the untapped flexibility of the grid which is critical for the transition to 100% carbon-free energy. Distributed energy assets like battery storage systems, solar, electric vehicles, and grid-interactive buildings, when aggregated, are a cost-effective means of reducing emissions and improving the reliability of the electricity system. With this funding, Peak Power will be expanding their portfolio of projects across Ontario, California, and Massachusetts. This funding will support the company’s rapid scale-up of their solutions across Canada and the U.S. “The support of SDTC will let us be even more ambitious when scaling our technology for our next stage of growth. SDTC is fundamental to what makes the Canadian cleantech ecosystem globally unparalleled. It has been such an important part of Peak Power’s past, present, and now future,” says Derek Lim Soo, CEO of Peak Power. “This grant will help us realize our mission to make centralized power plants obsolete, make the energy sector cleaner, and increase our energy independence. We are beyond excited for today’s funding announcement and the deepening of our partnership with SDTC, which will help drive the clean energy future all generations deserve.” “Companies have the ideas that will help solve some of our planet’s most pressing environmental problems, but they cannot do it alone,” says Leah Lawrence, President, and CEO of SDTC. “SDTC is proud to support innovative companies like Peak Power on their journey towards commercializing their sustainable solution global markets want and need.” For more information on how Peak Power and Sustainable Development Technology Canada are working together to support the clean energy transition, visit https://peakpowerenergy.com/ and [https://www.sdtc.ca/en/](https://en.wikipedia.org/wiki/Sustainable_Development_Technology_Canada). ### About Peak Power [Peak Power](https://peakpowerenergy.com/) is a Canadian clean tech company founded in 2015 operating in Ontario, New York, New England, and California. Their flagship software, Peak Synergy, optimizes three core energy assets in the built environment: battery energy storage systems, grid-interactive buildings, and electric vehicle assets. Peak Synergy enables customers to minimize operational costs, reduce emissions, and sell energy back to the grid. Peak Synergy is deployed in over 10M sq. ft. of real estate, with ~90 MWh of battery and electric vehicle capacity under contract or committed. For more information, visit . ### About Sustainable Development Technology Canada At SDTC, we support companies attempting to do extraordinary things. From initial funding to educational support and peer learning to market integration, we are invested in helping our small and medium-sized businesses grow into successful companies that employ Canadians from coast to coast to coast. We are relentlessly focused on supporting our companies to grow and scale in an increasingly competitive marketplace. The innovations we fund help solve some of the world’s most pressing environmental challenges: climate change, regeneration through the circular economy, and the well-being of humans in the communities they live in and the natural environment they interact with. For more information, visit [https://www.sdtc.ca/en/](https://en.wikipedia.org/wiki/Sustainable_Development_Technology_Canada). **Categories:** Blog --- ### [Building Owners are in a "Green Sandwich"](https://peakpowerenergy.com/2021/09/14/building-owners-are-in-a-green-sandwich/) **Published:** September 14, 2021 **Author:** jonathan@peakpowerenergy.com **Content:** Commercial real estate owners are being pressured by investors and tenants to take measurable action towards the threat of climate change. Many believe the danger of climate change is mitigated by performing ESG reporting. ESG (Environmental, Social, and Governance) reporting highlights a company’s sustainability, risk, and social responsibility. Commercial real-estate owners, regardless of size, must report their greenhouse gas (GHG) emissions and other factors that can affect long-term value for stakeholders. The push towards a better climate puts building owners in the middle of a “green sandwich.” Owners are feeling squeezed from both tenants and investors to deliver ESG reporting ## **Tenants Want Owners to ‘Go Green’** Large and small tenants are requesting ESG reporting from their building owners, due to environmental factors. Larger tenants that rent out an entire building, or several buildings, have their own sustainability goals in mind. For example, they may be looking to quantify their scope 2 and scope 3 emissions. Major tech companies like [Google, Amazon, and Facebook](https://www.cnbc.com/2021/06/14/google-facebook-amazon-and-more-urge-sec-to-mandate-regular-climate-reports.html) have voiced their support for net zero climate action. These conglomerates often impact government policies and have a large influence on international decisions. This puts pressure on building owners to communicate tangible results to meet their needs. Many smaller tenants are encouraging building owners to have greener spaces. They also want owners to expand their reporting efforts to touch on potential risks and sustainability efforts. There has been an increase in tenant demand for [improved operations in buildings and better climate risk resilience](https://sustainablebiz.ca/esg-criteria-becoming-more-important-in-cre-investment/). Some landlords are offering “green” sustainability-oriented rental contracts. The [rental stipulations](https://www.mondaq.com/germany/landlord-tenant--leases/964818/the-importance-of-esg-in-real-estate) are often associated with the equipment and ecological use of the property. ![Upshot of skyscrapers](https://peakpowerenergy.com/wp-content/uploads/2021/09/pexels-philipp-birmes-830891-scaled-1-1024x682.jpg)Photo by Philipp Birmes from PexelsOn the bright side, building owners can get higher rental income from ESG reporting, which compensates for increased spending. The reporting can mean better performing properties and less rent reductions. With ESG measures in place, tenants have less of a reason to leave or ask for alterations to the rent. Other ESG-related actions can mean lower operating costs and an opportunity to get a better return on investment. ## **The Rise of ESG in Response to Investors Demands** To help maintain and improve their investment portfolios, investors are requesting ESG reporting from building owners. The demand for [buildings designed to prioritize the health and wellness of occupants](https://realassets.ipe.com/news/real-estate-investors-see-rising-demand-for-healthy-buildings-report/10051965.article) will only increase going forward. Investors are even willing to opt out of investments if certain environmental protocols are not in place for the building. [35+ stock exchanges](https://home.kpmg/xx/en/home/insights/2020/08/shift-towards-esg.html) have issued ESG reporting guidelines for individuals and businesses to follow. With this information, investors are seeking to increase the [percentage of their portfolio](https://www.verdani.com/single-post/esg-value-in-commercial-real-estate-investments)s that receive certifications from accredited environmental organizations. Having a smaller impact on the environment can decrease the investment risk of the property. It can also help deter environmental fines and meet local regulations. Investors wanting to avoid risk and litigation, and maintain a sustainable portfolio, puts pressure on building owners. ## **The Politics and Economics of Climate Change** The government has also put weight on building owners to keep up with ESG reporting. Local regulations are implementing fines for carbon emissions at a building level. These efforts are directed from the [Government of Canada](https://www.bankofcanada.ca/2019/11/climate-change-is-a-big-issue-for-central-banks/), the UK, and most recently, the [US Federal reserve](https://www.federalreserve.gov/newsevents/pressreleases/bcreg20201215a.htm). Governments at all levels want to quantify and decarbonize their jurisdiction. This is in line with the Paris Climate objectives. In 2021, major policy shifts were announced towards green finance. The Network of [Central Banks and Supervisors for Greening the Financial System](https://www.ngfs.net/en/about-us/governance/origin-and-purpose) (NGFS), has also seen an increase in membership since the Paris Climate Summit. ESG reporting can help reduce the risk of unforeseen litigation and expenses. If the “green sandwich” consists of tenants and investors demanding ESG results, then government and financial policies are like the “side salad.” ![Small glaciers in Antarctica](https://peakpowerenergy.com/wp-content/uploads/2021/09/pexels-frederik-sorensen-2787469-scaled-1-1024x576.jpg) These issues play into a bigger picture as buildings are responsible for [40% of global energy](https://www.weforum.org/agenda/2021/02/why-the-buildings-of-the-future-are-key-to-an-efficient-energy-ecosystem/) consumption! Along with melting ice caps, rising sea levels and extreme weather, there is an increasing risk involved in not taking action against climate change. Humanity is at a “[Code Red](https://www.bbc.com/news/science-environment-58130705)” based on the latest IPCC report conducted by the United Nation’s Intergovernmental Panel on Climate Change. The cost of inaction against climate change is growing by the day, and tangible actions are needed now. The biggest factor that can make a difference is cutting greenhouse gas emissions to help stabilize temperatures, while also supplementing infrastructure with clean technology. **How ESG Engagement Helps Create Value** Building owners will want to partner with a company that can support developing and meeting their ESG reporting goals. Peak Power’s [*GridPredict*](https://peakpowerenergy.com/energy-platform/building-optimization) can help any building optimize energy usage, assess sustainability concerns, and lower costs. Any building can be a part of creating a sustainable, healthier, and more energy efficient future. **Categories:** Blog --- ### [Behind-the-Meter: Peak Power's Female Energy Storage Leaders](https://peakpowerenergy.com/2026/03/09/iwd-behind-the-meter-energy-storage/) **Published:** March 9, 2026 **Author:** jonathan@peakpowerenergy.com **Content:** International Women’s Day is a moment to recognize the women shaping the systems we all rely on. At Peak Power, that work is centred on **behind-the-meter energy storage**: battery systems deployed at commercial and industrial facilities to cut peak demand costs and support a more flexible grid as it evolves. This year, we’re spotlighting a group of women across Peak Power whose paths into energy look very different, but converge on the same reality: the grid is getting more complex. AI and data centers are impacting demand patterns, adding new complexity to grid planning. Weather volatility and climate change continue to test grid reliability. In that environment, practical solutions matter, and behind-the-meter energy storage is among the most actionable tools available to customers today. In the conversations below, they share what drew them into the sector, the experiences that shaped how they think about the energy system, and what they’re paying closest attention to as grid modernization accelerates. ### **WHAT INITIALLY DREW YOU TO THE ENERGY SECTOR — AND WHAT HAS KEPT YOU HERE AS THE INDUSTRY EVOLVES?** **Megan Davis:** With a background in environmental science, I was always interested in the more active, systems-level ways we can protect the environment beyond traditional conservation efforts. Sustainable technology has made meaningful strides in addressing environmental challenges, and I knew I wanted to contribute to that progress. What really drew me in was how energy technology leverages data science to drive measurable environmental impact. The ability to use analytics and optimization to improve grid performance while reducing emissions felt like a natural intersection of my skills and my values. That alignment ultimately led me to Peak Power. I found a place where I could apply my background in a way that feels both technically rigorous and purpose-driven. **Leigh Billinghurst:** When I first joined Peak Power, I was new to the energy industry. It wasn’t something I had studied or even seriously considered before. My passion has always been building and scaling startups — working through the messy stages of growth and creating operating rhythms that align with culture and bring order to chaos. As I learned more about the energy system and its impact on the environment, my sense of purpose expanded. I moved from simply wanting to help startups grow to wanting to help those doing meaningful work. That shift grounded my work in something bigger than scale alone. I don’t thrive in static environments, and the energy industry is anything but static. Between climate uncertainty, rising electricity costs, grid resilience challenges, and political volatility, the landscape is constantly complex. There’s always a problem that hasn’t been solved yet. That uncertainty — that dynamic tension — is exactly where I do my best work. **Kathryn Weber:** Seeing the impacts of climate change while travelling was a real catalyst for me; it prompted me to learn more about climate solutions. Paging through the book *Project Drawdown*, I was struck by how many different pathways exist to address climate change, and energy stood out as a powerful lever for impact. What’s kept me in the sector is its dynamism and complexity. Energy can feel almost invisible, “lights on, lights off,” yet there’s an incredible amount happening behind the scenes to keep the system reliable and resilient. I’ve stayed engaged because the work constantly expands your perspective on how the grid actually functions and how it needs to evolve. A moment that really brought that to life was visiting the [IESO](https://www.ieso.ca/Learn/About-the-IESO/Managing-the-Power-System) control room and seeing the real-time balancing act of supply and demand. It made the challenges tangible: the growing influence of data centers, aging infrastructure constraints, and how programs, policy, and market signals shape development. Working within a cleantech company which contributes to climate solutions has been a genuine pleasure. **Barbara Rosado:** I was drawn to the energy sector during my undergraduate studies in Electrical Engineering at UNICAMP. In my fourth year, I took courses in optimization and power systems, and I became fascinated by how advanced analytical techniques could be applied to such a large and critical sector. I was curious about how these tools could meaningfully improve real-world infrastructure. That curiosity led me to a research project — what we call a scientific initiation — which brought me to Canada for a four-month internship at TMU (formerly Ryerson). I was struck by how different, yet similar, the energy challenges were across countries. Working in an academic lab exposed me to a wide range of power system problems and innovative solutions, and I found myself wanting to go deeper. I later pursued my MSc and PhD in power systems, focusing on distribution systems, returning to TMU for extended research stays. Over the past decade, it’s been remarkable to see how much the field has evolved — and even more meaningful to know I’ve been part of that progress. What keeps me here is the sense that my knowledge allows me to contribute to that ongoing transformation. ### **WAS THERE A DEFINING MOMENT IN YOUR CAREER THAT CHANGED HOW YOU THINK ABOUT THE ENERGY SYSTEM OR YOUR ROLE WITHIN IT?** **Daniela D’Costa:** Early in my property management career in operations, energy was primarily viewed as an operating expense to control. Over time, as I moved into national program management and worked closely with the sustainability team, I began to see the broader impact. Efficiency improvements weren’t just about lowering utility bills — they reduced costs, improved tenant satisfaction, and meaningfully lowered environmental impact all at once. That alignment between financial performance and sustainability fundamentally changed how I think about the energy system. I realized that decarbonization doesn’t have to compete with business objectives; it can actively strengthen them. Since then, I’ve approached energy management as both a cost strategy and a climate strategy. Commercial and industrial buildings represent a significant opportunity in the energy transition, and I’ve come to see this sector as a critical lever for accelerating meaningful change. **Jayamali Kasige:** I graduated as an Electrical Engineer and began my career in power distribution and substation design, although my academic focus had been on power generation. After several years in the field, I realized I wanted to move closer to generation. That shift became a defining moment for me. As I explored my next step, it became clear that renewable generation was where I wanted to be — not only from a technical perspective, but because it aligned with my desire to contribute to environmental progress and clean energy solutions. More than a decade ago, I transitioned into the renewable energy sector, focusing on design engineering and renewable operations. Since then, my work has felt more purposeful — combining technical rigour with long-term impact. **Leigh Billinghurst:** The defining moment for me was realizing everyone’s “why.” People weren’t just showing up for a paycheque — they were here because they genuinely believed this work is good for the planet. That changed how I saw both the company and my role within it. In past organizations, when things became uncertain or difficult, the instinct was often to flee. At Peak Power, I’ve seen the opposite. We’re surrounded by brilliant minds who want to make the business work — who are committed to relieving stress on the grid, partnering with C&I customers to deliver solutions that don’t disrupt operations, and helping them manage rising energy costs so they can stay focused on their own growth. That level of intrinsic commitment reframed my role. My responsibility is to build a culture where that passion can thrive — one that attracts and develops the best talent in the industry, empowers teams to test new tools, leverages AI, and enables continuous learning in a rapidly evolving sector. People and culture shouldn’t be seen as red tape. It should be a strategic partner focused on unlocking the full potential of our talent. **Barbara Rosado:** Yes. There was a defining shift for me, and it was deeply personal. During my MSc and PhD, I was extremely hard on myself. The lab environment and the expectations around me often made me feel like I wasn’t doing enough or pushing hard enough. Over time, that pressure began to shape how I viewed the sector itself, as if there were only one way to belong, and that it required constant intensity and perfection. After finishing my PhD and joining Peak Power, my perspective changed. I realized there are many different environments within the energy industry — and it’s possible to contribute meaningfully while still being a whole human being. That was transformative. Today, I understand that I do belong in this space. I can keep learning without knowing everything. I can contribute without burning out. That shift changed not only how I see the industry, but how I see myself within it. ### **THE ELECTRICITY GRID IS UNDER INCREASING PRESSURE FROM ELECTRIFICATION AND AI-DRIVEN LOAD GROWTH. WHAT SHIFT DO YOU THINK MORE PEOPLE SHOULD BE PAYING ATTENTION TO?** **Megan Davis:** One shift I think more people should be paying attention to is the pace and impact of AI-driven load growth and electrification. There’s a lot of discussion suggesting these forces are already the dominant pressures on the grid. While their impacts are becoming more visible, they are not necessarily the most consequential drivers today. In many regions, dramatically shifting weather patterns driven by climate change are having a more immediate and disruptive effect on system reliability. Extreme heat, cold snaps, and severe storms are stressing infrastructure in ways that feel increasingly unpredictable. What concerns me is that some people still perceive these weather dynamics as “normal” variability, when in reality the baseline has shifted. If we misdiagnose what’s driving current strain, we risk misallocating resources. We need to plan for load growth, but we also need to acknowledge that climate volatility is already reshaping grid risk in real time. **Jayamali Kasige:** One of the most important shifts is how behind-the-meter energy storage is moving from a niche resource to essential grid infrastructure. As electrification accelerates and AI-driven load growth increases demand, the grid needs more flexibility, and energy storage is becoming central to that reliability. At the same time, we are seeing rapid growth in distributed energy resources. This decentralization is fundamentally changing how power flows across the system. The grid is no longer just a one-way delivery model; it is becoming more dynamic and interactive. Together, storage and distributed resources are reshaping how we think about planning, operations, and resilience. This shift deserves more attention because it will define how effectively we manage reliability and sustainability in the years ahead. **Daniela D’Costa:** The most important shift happening right now is the transition from a centralized, generation-focused grid to a more distributed and intelligent system. Electrification and AI-driven load growth are accelerating demand, but they’re also creating an opportunity to leverage data and automation to better orchestrate how and when energy is consumed. In my experience, even small operational changes can drive meaningful conservation when applied consistently. At scale, those incremental improvements add up. When you layer in digital controls and analytics, demand becomes something you can actively shape. The broader conversation shouldn’t focus solely on building more generation. It should also prioritize optimizing and coordinating the assets we already have. A more flexible, responsive grid will be just as important as expanding generation resources. ### **WHAT EXCITES YOU MOST ABOUT WHERE GRID MODERNIZATION AND BEHIND-THE-METER ENERGY STORAGE ARE HEADED?** **Barbara Rosado:** What excites me most is seeing ideas that once felt theoretical in academia become reality. During my research, we modeled scenarios with high DER penetration, rooftop solar reshaping load profiles, and distributed resources influencing prices. Today, those scenarios are no longer hypothetical; they are actively shaping markets, depending on the region and regulatory structure. It’s also been fascinating to watch commercial and industrial customers invest more heavily in technology, while data centers introduce entirely new planning challenges for grid operators. The complexity we studied is now unfolding in real time. Perhaps the biggest surprise for me over the past six years has been the transformative power of data. While many academic solutions relied on highly complex methodologies, in practice, strong data analytics and statistical approaches can generate meaningful insights, optimize strategies, and deliver tangible value. More recently, AI agents have accelerated this even further. It truly feels like we are only at the beginning. That sense of momentum makes me excited to contribute to what comes next. **Leigh Billinghurst:** What excites me most is that many customers don’t yet fully understand the potential of battery energy storage. That both excites and challenges me. The C&I (Commercial and Industrial) sector is already navigating political uncertainty, tariffs, and increased grid stress. For the foreseeable future, batteries will remain one of the most viable and scalable solutions available. There are grants and policy mechanisms emerging that prioritize and fast-track storage projects, helping reduce barriers that once slowed adoption. That momentum is important. But what excites me most is when customers experience the impact firsthand. Behind the scenes, our teams have invested years building sophisticated products and continuously enhancing how we manage, analyze, and leverage data — creating real-time and predictive insights that strengthen outcomes. From an employee perspective, it’s energizing to know that the fruits of that labour will pay off. We’ve long known that behind-the-meter energy storage solutions need to be prioritized. Watching customers and the broader market recognize that value validates the commitment and innovation our teams bring every day. **Daniela D’Costa:** The capability that will define the next generation of grid modernization leaders is the ability to translate complexity into actionable strategy. The grid is evolving rapidly — with electrification, AI-driven load growth, and distributed energy resource integration reshaping the landscape. The technical dimensions are becoming increasingly sophisticated. But modernization ultimately comes down to execution. Leaders will need to align financial incentives, operational realities, and sustainability objectives in ways that drive measurable outcomes. Success will depend on turning high-level sustainability ambitions into practical, operational changes that reduce costs, improve performance, and deliver real impact. ### **AT WHAT POINT DOES BEHIND-THE-METER ENERGY STORAGE BECOME ESSENTIAL INFRASTRUCTURE RATHER THAN OPTIMIZATION?** **Kathryn Weber:** I’d argue energy storage is already shifting from “nice-to-have optimization” to essential infrastructure, and two forces are really driving that. First is load growth. We’re seeing meaningful increases in overall electricity demand, with data centres and electrification (including EV adoption and heat pumps) adding new requirements on the system, often stressing generation resources to meet peak demand. Second is the continued growth of renewable generation. As solar and wind scale, the grid needs more flexibility to manage intermittency and shifting supply patterns. Storage is key to adding that flexibility and strengthening reliability. We’re seeing real-world examples where storage is becoming a requirement to meet today’s needs: the 2025 Iberian blackout across Spain and Portugal highlighted how quickly grid disturbances can cascade, underscoring the importance of fast-responding flexibility and resilience in renewable-heavy systems. Energy Storage projects like Lactalis in Ontario are also demonstrating how [behind-the-meter energy storage](https://peakpowerenergy.com/project/lactalis-canada-zero-cost-resiliency/) can play a meaningful role during summer peaks. Finally, the volume of storage in[ interconnection queues](https://emp.lbl.gov/index.php/generation-storage-and-hybrid-capacity) — alongside [long-term procurement strategies like Ontario’](https://news.ontario.ca/en/release/1005479/ontario-expands-largest-competitive-energy-procurement-in-provinces-history)s — reinforces the market’s view that storage is critical for future demand flexibility, reliability, and grid resilience. ### **IF YOU COULD CHANGE ONE THING ABOUT THE ENERGY INDUSTRY OVER THE NEXT DECADE, WHAT WOULD IT BE?** **Megan Davis:** Over the next decade, I would push for a deeper and more consistent commitment to truly green energy. There’s a common misconception that electrification is automatically sustainable. In reality, electrification is only as clean as the energy mix powering the grid. Much of today’s grid is still supported by oil and gas. As load increases, particularly with electrification and digital growth, those sources often remain the default because they’re dispatchable and relatively cost-effective. While they provide reliability, they also lock in emissions if we don’t aggressively transition the fuel mix. What I’d like to see is not just policy support for electrification, but also a stronger commitment to decarbonizing the generation that powers it. At the same time, public education matters. Just because a facility doesn’t have a visible smokestack doesn’t mean its energy use isn’t producing emissions somewhere else. A clearer understanding of that system-wide impact is critical to making meaningful progress. **Daniela D’Costa:** If I could change one thing about the energy industry over the next decade, it would be accelerating pathways for women into high-impact, high-growth segments of the sector, particularly in grid modernization, AI integration, distributed energy resources, and capital deployment. The coming decade will define the future of the energy system, and women should be shaping it in real time, not entering the conversation after the foundation has already been laid. Expanding representation at every level, from technical operations to executive leadership, isn’t just about equity. It’s about strengthening the industry itself. A more inclusive energy transition will be more innovative, more resilient, and better reflect the communities it ultimately serves. ### **ONE WORD THAT DESCRIBES THE FUTURE OF ENERGY:** **Jayamali Kasige:** Decentralization. **Daniela D’Costa:** Intelligent. Data-driven at its core. **Categories:** Blog **Tags:** DEI, battery energy storage system --- ### [Release: Peak Power Awards Bursary to Promising Canadian Cleantech Student](https://peakpowerenergy.com/2026/01/19/release-peak-power-awards-bursary-to-promising-canadian-cleantech-student/) **Published:** January 19, 2026 **Author:** jonathan@peakpowerenergy.com **Content:** *Investing in the emerging energy innovators, Peak Power grants $1,500 to student who shows commitment to clean energy sector* **TORONTO, ON** – Peak Power Inc. has awarded its 2025 Future [Cleantech](https://www.edc.ca/en/about-us/news/edc-cleantech-report-2025.html) Leader Bursary to student Azka Siddiqui, underscoring the company’s belief that human ingenuity remains central to innovation in the clean energy sector, even as artificial intelligence reshapes the industry. The Future Cleantech Leader Bursary, now in its third year, recognizes STEM students who demonstrate a commitment to sustainability, innovation, and leadership within Canada’s growing cleantech sector. In 2025, the bursary received 60 applications from students across the country, reflecting growing interest in cleantech-focused careers. The $1,500 CAD bursary is part of Peak Power’s ongoing effort to support emerging cleantech talent in Canada. This year’s announcement arrives amid increasing debate about whether AI will displace jobs in technical fields. Peak Power is emphasizing a contrasting reality: the energy transition depends on people who can steer, interpret, and apply advanced technologies—not be replaced by them. Siddiqui, entering her first year of Computer engineering, embodies this next wave of innovators. In her statement, she reflected on the opportunity: Peak Power CEO Derek Lim Soo says the company’s investment in student innovators reflects the long-term needs of the cleantech ecosystem. “The sector is adopting AI at a rapid pace, but technology alone doesn’t solve climate and energy challenges,” said Lim Soo. “Solutions come from people who know how to combine engineering, systems thinking, and emerging tools. Students like Azka represent the future of that work. Investing in them strengthens the entire industry.” **About Peak Power** Peak Power delivers end-to-end [battery storage development](https://peakpowerenergy.com/) and energy optimization solutions powered by industry-leading peak forecasting and market intelligence. Working across North America, they help large energy users cut electricity costs, unlock new revenue streams, and pursue sustainability goals. Through strategic investor partnerships and a shared-savings model, Peak Power removes capital cost barriers for customers, offering zero-CapEx battery storage development and operation. **Categories:** Blog **Tags:** Peak shaving, Energy Grid, Global Adjustment, IESO, Peak forecasting --- ### [Financing Options and Strategies for Battery Energy Storage Systems](https://peakpowerenergy.com/2023/08/15/financing-options-and-strategies-for-battery-energy-storage-systems/) **Published:** August 15, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** Recently, [Peak Power](https://peakpowerenergy.com/) conducted an energy storage finance webinar that focused on strategies available for financing battery storage system projects. The webinar aimed to provide valuable insights into financing options and strategies for these projects. In this article, we will unpack some of the main points covered during the webinar, highlighting key quotes and insights from the panelists on the day. ## The Future is Bright for Energy Storage Pablo Barrague, Vice President of Energy Storage at [Madison Energy Investments](https://www.madisonei.com/), emphasized the positive outlook for energy storage—highlighting the projections by reputable advisory firms, such as Bloomberg, which consistently show an upward trend in energy storage investments. On Madison Energy Investment’s expertise and all-encompassing approach, Barrague said, “We have over two hundred solar projects in more than twenty-five different states. So we know how to deploy this in every single different market. And about twenty of those projects are energy storage projects… They’re always either generating savings or revenues for our customers. We are the ones who are going to own the asset, maintain the asset, and operate the asset. Our customers \[only\] have to worry about collecting revenues or seeing savings on their utility bill.” According to Barrague, energy storage is becoming a significant contributor to new capacity, with projections suggesting it will account for 10% of US capacity by 2030. This growth presents significant opportunities for customers. ![Slide4 1024x576](https://peakpowerenergy.com/wp-content/uploads/2023/08/Slide4-1024x576.jpg) ## Understanding Battery Energy Storage at Your Facility Archie Adams, Director of Business Development at Peak Power, discussed different types of [battery energy storage systems](https://peakpowerenergy.com/energy-storage-solutions/) and their benefits. He explained the concept of standalone storage, where batteries are installed near a customer’s meter to reduce the building’s load during peak hours. Adams explained, “Peak Power is operating batteries to generate a pool of savings, and then the savings are shared with the building owner, through a fixed payment or through a shared saving structure. So, the standalone energy storage is primarily providing economic benefits and savings for facility bills.” Adams further highlighted the benefits of solar + storage, saying, “On the other side, we’d have Solar + Storage… this solar generates electricity, and the building buys that through a lower cost power purchase agreement, and the battery can charge from that solar.” This approach can help manage demand charges and shift consumption to lower-cost periods. Combining solar generation *plus* battery storage helps businesses achieve both economic and environmental benefits. “In addition to the financial benefits of energy storage, a combined solar and storage system provides environmental benefits through GHG emissions reduction. So I like to think of solar + storage as a winning combination, peanut butter and jelly, bacon and eggs, for the New England fans, Tom Brady and Bill Belichick,” he enthused. ## Ownership Structures: Pros and Cons Archie discussed various ownership structures for battery energy storage systems. Third-party ownership involves a company like Madison Energy Investments financing and operating the battery while the savings are shared between the energy storage system owner and the host site. This option eliminates the upfront capital requirements and the need for system operation staff for the host site. Self-ownership allows the host site to retain full savings and revenues but requires substantial upfront investment and operational expertise. A hybrid model, combining aspects of both structures, offers shorter-term agreements but may be less cost-effective. ## Favourable Markets for Battery Energy Storage Barrague highlighted different geographic markets where battery energy storage projects are financially viable. He emphasized that each market has unique price signals and market design constructs that allow for monetizing battery services. Barrague used the example of Ontario, which has a system demand charge that can be significantly reduced through battery dispatch. Massachusetts offers state programs that incentivize solar + storage projects with fixed-rate contracts. Other states, such as Puerto Rico or Hawaii, have high utility rates, making Solar + Storage financially advantageous. Evaluating the compatibility of facilities with favourable markets is crucial when considering battery energy storage projects. ![Slide9 1024x576](https://peakpowerenergy.com/wp-content/uploads/2023/08/Slide9-1024x576.jpg) ## Watch the Webinar On Demand Peak Power’s finance webinar provided valuable insights into financing options and strategies for battery energy storage system projects. The webinar highlighted the positive growth outlook for energy storage, the benefits of different ownership structures, and the importance of favorable markets. With the increasing demand for energy storage, businesses and institutions can leverage these opportunities to pursue net-zero goals, reduce operating expenses, and unlock new revenue streams. [Watch the webinar on demand.](https://youtu.be/vIn9NQZRzJU) **Categories:** Blog **Tags:** Energy Storage System, Financial Incentives, Financing and Development --- ### [How We're Building a Better DEI Strategy](https://peakpowerenergy.com/2022/08/24/how-were-building-a-better-dei-strategy/) **Published:** August 24, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** Diversity, Equity, and Inclusion (DEI) are core to Peak Power. And building a better DEI strategy is done through action. We sat down with [Leigh Billinghurst](https://peakpowerenergy.com/about-net-zero-building/), our Senior Director of People and Culture to talk about some of the specific actions we’ve taken in our company to action our DEI Strategy, including the recognition of Juneteenth in the US and the National Day for Truth and Reconciliation in Canada. ## **Can you tell readers about our company’s approach to DEI Strategy?** I should start by saying there was a lot of work done by our JEDI (Justice, Equity, Diversity, and Inclusion) Committee prior to me joining Peak Power and there continues to be a lot of work going into our DEI strategy by this group. The JEDI Committee led the development of our DEI mission, vision, and goals. It’s part of the framework for a larger plan that we are continuously revisiting and iterating on. The JEDI mission is to create a just, equitable, diverse, and inclusive work environment for all staff regardless of age, race, ethnicity, country of origin, language, religion, spiritual practice, sexual orientation, gender identity or expression, and socio-economic and mental/physical status. The vision is that Peak Power is a recognized leader for being one of the most diverse, equitable, and inclusive companies in the energy industry. DEI is not something a company can just set and forget. ### **How does the work being done in the JEDI Committee get translated into action at the corporate level?** So, we’re taking a very strategic approach in terms of using data to frame our approach, the priority, and the alignment with cultures, wants, needs, and desires. Strategic DEI is not one size fits all. There’s a lot of work being done behind the scenes to obtain accurate data, greater insight, and an understanding of our own pain points and areas for improvement. Part of this is the partnerships we’ve created. Peak Power has partnered with [Diversio](https://diversio.com/), [StepUp,](https://stepup-energy.com/) and Without Exception to dive deeper, ask more questions, and complete more surveys for an exact picture of where we excel and where we fall short. This is the type of data that determines our focus. ### **Have there been any “Aha!” moments as a result of this data analysis?** Lots! Firstly, it starts with data, and we do have two different formats to collect this. Through Diversio and [StepUp](https://stepup-energy.com/), we gathered survey-type data with multiple-choice and open-ended questions. Without Exception is designed as a more open-ended avenue for dialogue to dig a little deeper and find specific concerns and areas of opportunity. One “Aha!” moment for me was found in our Diversio survey results. We learned that we are far above the industry average for ethnic and sexual orientation representation in our company. On the flip side, we found that we have some work to do on gender representation. One of the big issues we recognized centred around mental health, especially as a result of COVID. We had 2 years of all of us riding an emotional roller coaster, and that had recognizable impacts on the mental health of our people. We were all dealing with a lot of unknowns, social isolation, and loss. We were able to go back to Without Exception to dive deeper into this. We found that there is a huge opportunity to improve mental health indicators by working on psychological safety in the workplace. We want to create a space where people are comfortable speaking up and expressing themselves authentically. ### **Why are DEI initiatives important to Peak Power?** Quite simply, by uncovering these findings and developing action plans around them, we become a stronger and more effective company. We can work to remove barriers to collaboration and encourage all staff to have a seat at the table. Companies hire people for their expertise, and if they can’t share that expertise, it does a disservice to other team members and the company as a whole. Diversity is one thing, but it’s really about equity and inclusion where you see the benefits, both individually and at a corporate level. We’re striving to bring greater cultural awareness and understanding that allow team members to bring their authentic selves to work and experience long, transformative careers in the company. This can be done through social events, educational events, and overall corporate policy. We also strive for individualized support, because each person’s situation is unique. A great example of this is for single parents. Single parents have a lot on their plate, and their schedules can get entirely disrupted when, for example, a child gets sick or daycare schedules change. To build a more equitable and inclusive workplace we have chosen to keep our hybrid model. If a team member needs to work from home because a child is sick, they can do it without repercussion. We have flexible hours, with core working times, so that individuals can live their lives without barriers: whether they want to head to a spin class in the morning or pick up their child from daycare at the end of the day. Like I said before, DEI is not a one-size-fits-all approach. It all depends upon somebody’s mental health, age, gender, cultural origins, sexual orientation, etc. There could be, you know, a lot of things that may require some sort of accommodation or more understanding. When you support and respect your team members as individuals, they support your company. Here is a strong statement that one of our team members heard at a webinar and shared with us, and I think it sums it up perfectly: ***“Diversity is a fact of human biology. Equity is a decision. Inclusion is an action.”*** ### **So, let’s talk now about Juneteenth and the National Day for Truth and Reconciliation. How does recognition of these days support DEI?** Well, I can go back to our JEDI Committee goals of creating an environment that is safe for all our team members and supporting greater opportunities for cultural understanding. These days are critically important to folx from the BIPOC community, and they can have a huge impact on individuals. But, if our broader team doesn’t understand why the day is being treated as a stat holiday, or what the importance of that day is, it becomes a missed opportunity to build cross-cultural understanding. So, if we don’t understand why the day is given off if it’s just looked at like another holiday; there’s a major missed opportunity there. ### **What does Peak Power have planned to recognize these days?** We need to encourage awareness of what these days stand for and let all our team members put themselves in one another’s shoes. That’s why we decided to provide the day off for team members in each respective country. When you’re working in your regular day-to-day, it’s easy to forget to take the time for greater understanding and miss out on the chance to educate ourselves on the history of black and Indigenous lived experiences. We’ve made the decision that these days, although recognized as a holiday, will come with a mandatory educational component that our team will take part in, and then use that as an opportunity for reflection. Our JEDI Committee will be the ones leading the charge to prepare these educational resources. We believe it’s important that these initiatives are driven by a cross-sectional group of team members and not dictated by management. ### **As Senior Director of People and Culture, what is your corporate culture vision for Peak Power?** For me, the ultimate vision is that we’re mastering all four areas: Justice, Diversity, Equity, and Inclusion to achieve the JEDI Committee’s vision of having Peak Power as a recognized leader in DEI. We’ve done some great work already in these areas, but there are things currently in development that are going to further support this. We’re actively working on developing career and compensation frameworks that demonstrate fairness, equity, equal opportunity, and transparency. When each person on our team can say, “I belong here,” that would be the pinnacle of success. ### **What advice do you have for companies to implement concrete actions for their DEI commitments?** Unless you have a DEI specialist, you need to partner with an organization that specializes. DEI needs to have that level of focus from someone who has the background and education. Those partnerships will help you understand what your current makeup is, where your areas of opportunities and challenges are, and then provide recommendations to help you. You know, put some concrete action plans in place. You can also choose to recognize dates like Juneteenth and National Day for Truth and Reconciliation as a day off for reflection paired with educational opportunities for team members. ### **Why is it important for any company to adopt strong DEI initiatives?** Oh gosh, there are so many things! First off, it’s the right thing to do, and it’s important. From a business case perspective, it’s around attracting, hiring, growing, and retaining top talent. If your company doesn’t have a focus and concrete strategies around DEI, those individuals will look elsewhere. We live in a world now where greater importance is being placed on culture and belonging. There are stats that support the fact that organizations perform better when they have diverse teams and different perspectives. If you’re creating an environment that is an echo chamber of similarity and agreement, with the same types of people making the same types of decisions, it‘s not contributing to the success of your organization. It might seem to work for a while, but it won’t last, and ultimately those organizations fail. ## **Engage in Meaningful Understanding** To learn more about Juneteenth, visit: To learn more about the National Day for Truth and Reconciliation, visit: To learn more about what Peak Power is doing in this space, listen to this Podcast with our Chief Strategy Officer, Imran Noorani: [Listen Now](https://open.spotify.com/episode/3Ed2trNd8S3u9jkYCpdYPv?si=GySHYQoTTOOF423yLwDdBQ&nd=1) **Categories:** Blog --- ### [Father's Day Interview with Derek Lim Soo](https://peakpowerenergy.com/2022/06/19/fathers-day-interview-with-derek-lim-soo/) **Published:** June 19, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** Derek Lim Soo, father of 3 and CEO and co-founder of Peak Power, sat down with Elaine Kwok, non-parent and Director of Marketing. They chatted about starting a family and a new business all at the same time. ## **I’ve heard lots of people compare starting a business to having a child. You’re a father of three, and you started a business. Where does that comparison work? Where does it fall short?** There are a lot of similarities between raising children and building a company, especially in the beginning. You aren’t a good parent to start. You aren’t a good CEO to start. You can learn to be better at both, but it requires work, and it requires you to look in the mirror in a big way and self-reflect. Both require a lot of work upfront and then you must change your role as each matures. Raising children and running a business both require patience, nurturing, and compassion. You have to accept things you can’t control. You just can’t expect things to happen overnight. For example, as your kid is learning to read, you’re told, “Don’t worry, they’ll connect the dots. That just takes time.” My daughter took a little longer to learn to read, and then she connected the dots and reads like a beast now. Patience and the notion of just accepting things that are outside your control are probably two things I’ve learned from parenting that I translated to the work world. And I’m still trying every day. I think that a common mistake that most entrepreneurs make is they look at their company as if it’s another child. But your kids, they’re your blood. They’re like an extension of you. The company changes and evolves beyond the founder and beyond the CEO. The reality is, things you wouldn’t do with family, you would do with your business. ### **What’s life as a CEO with kids like?** I have 3 kids. My life is really, really busy. Especially with the re-emergence of travel. All weekend I was busy with family stuff. We got home at 9pm on Sunday, I packed my bags, and was on a flight at 6:45 am. I flew to New York and had big meetings all day. I called my kids in between meetings. The next morning, I was in more meetings, then on a train to Boston after dinner. And then on a 6:00 am flight this morning to make it to more meetings before finally getting a chance to spend some time with the kids. Tomorrow I’m off to Montreal for more meetings. It’s hectic. Now that I’m travelling more, I need to be cognizant of it because there’s a consequence. Your kids see that you’re gone and they think it’s acceptable. ### **In the previous generation, a lot of dads were kind of hands-off. They weren’t in it every day. Is this generation different?** So, my dad wasn’t. My dad would carry me around, play basketball with me, stuff like that. But once we reached a certain age, both my parents stopped being so engaged. They didn’t evolve or adapt. You see those parents now are listening to rap music with their kids, right? Because they evolved to be relevant to their kids. One thing that’s important for me is I want to make sure my kids know that I’m there. Early on in the company, when people would ask my baby daughter, “where’s dad?” and she’d say, “office.” She knew that word. That hurt and it’s because that’s where I was on the weekends. I was working every day and night. You need to be around because when kids want to talk to you, it’s on their terms. It’s not like a meeting you can schedule. Kids will crawl into your bed and say, “Something happened at school today.” If you’re in California for work, you’ll miss those conversations. What COVID did was bring me back into the house. The big difference – going back to the difference between kids and work – is you can’t make up for lost time with kids. But you can make up for lost time with the company. You just can’t recover with kids. They’ll remember and it will change their life forever. With your company you can always delegate to people. You can’t delegate parenting. If you delegate to your spouse, there’s a cost to that. ### **How do you split up responsibilities between you and your wife?** Right now, my wife takes a bigger role. But we’re moving to this hybrid schedule. I’ll work from home and do pickups. We’re also going to get a full-time nanny to create some sanity. When you’re both career-oriented and you want to have a big family, it requires you to outsource things. It’s not for everybody, but if you both have a career, that requires you to sacrifice somewhere. At the same time, you can’t outsource parenting. I don’t care who the best nanny is, that’s not what parenting is. You’re supposed to be there for your kids. ### **Right, you can outsource childcare, but you can’t outsource parenting. How are you managing this balance now? Are you able to disconnect from work once you get home?** I figured out a way to separate the two and put a boundary between work and family. I think this is super healthy. It’ll make me a better CEO. And it will only make for a better product. You need to be sure you’re present 100% in each space. When you’re working you have to focus on work and be myopic. When you’re at home you’ve got to focus on just family. I did a bad job earlier and just melded them together, it was unhealthy. They’re very separate mindsets. The time you invest in your kids will always create positive outcomes. If you put too much time into your company, it’s usually bad because it disconnects you from everything else. And it causes disempowerment in the business. Now I shut my phone down and ignore calls during family time. ### **Sometimes when I’m trying to text you it says Derek has notifications off and I think “Good!”** Most of the time I put it on Do Not Disturb. Because if someone really needs to get a hold of me, I can deal with it later. Some advice I received about work was you don’t need to react to everything so urgently. Everything can wait. It was a very good piece of advice on how to keep my head clear. Nothing is actually burning as much as you think. I don’t think it’s the same thing with family. With family there is an urgency to react, like when your kid is crying. Now I have a better disconnect. At the beginning, my life being a father and my life with my company were the same. It’s only changed recently. I think everyone on the staff realizes that, too. I don’t text people after work hours as much. I’m much more empathetic. Everyone’s got a family, and I think that’s the most important thing. Business comes and goes, family doesn’t. This Father’s Day will be the second one since my dad’s passing. So, I’ll be thinking about that and my family, but I won’t think about the company on Sunday. It won’t even cross my mind. The company is not my child. It’s a labour of love for sure. It’s a creation. But it’s not a child. I can always step away from being a CEO. I can never step away from being a dad. ### **How are you enjoying fatherhood?** Not everybody really wants to be a dad. That’s the truth, and some people just play the role where they need to have a partner and a family, and that’s what completes their life – it’s a checklist. For me, I’ve always wanted to be a dad and I genuinely like it. You know what fatherhood changed most about me? Besides the dad bod! I’ve grown up. I matured into an adult. When you have someone to take care of, that changes your perspective on things. It makes you more patient and more compassionate. I grew up within Peak Power. I grew up because I had a family, because I have employees with their own families. That’s a cool journey, and it’ll evolve. You know, my kids will get older, the company will change, and my role will change. I think that’s where some people get in trouble – if you want to be one type of CEO, one type of dad, it doesn’t work. Your kids are evolving, your employees are evolving, the markets are evolving. So there needs to be continuous improvement in all aspects of life. **Categories:** Blog --- ### [Too Hot to Handle: C&I Demand Side Management in a Hotter World](https://peakpowerenergy.com/2022/08/11/too-hot-to-handle-ci-demand-side-management-in-a-hotter-world/) **Published:** August 11, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** Global temperatures are rising, and we’re running out of time to address climate change. That’s why we need to make the most of our existing energy infrastructure while investing in new cleantech solutions and exploring methods of energy demand side management. Fortunately, our modern grid enables us to do just that. According to the [Energy Information Administration (EIA),](https://www.eia.gov/todayinenergy/detail.php?id=41433) global electricity demand will grow by 50% by 2050—as countries develop their economies and the middle class continues to grow. Electricity is a commodity, and it’s one that businesses can’t afford to neglect. It powers the servers that run your company’s software, keeps production lines running smoothly, and allows employees to work from home or travel internationally for business meetings. Your company needs affordable, reliable electricity to stay competitive in today’s global economy. That means finding ways to lower your energy bills. However, high temperatures are causing surges in electricity prices, undermining efforts to curb greenhouse gas emissions and undercutting the bottom line. ## **The Growing Problem of Heat Waves** Heat waves are becoming more frequent and intense, and they will worsen as the climate warms. Heat waves increase energy demand for cooling, which in turn strains electricity grids and can lead to power outages or brownouts. As a result, heat waves have become a significant concern for electric utilities worldwide. The frequency of heat waves globally has [increased over an alarming threshold ](https://www.nature.com/articles/s41467-020-16970-7)since 1950, with temperatures rising between 2°C and 6°C. Heat waves are linked to significant increases in electricity demand across much of Europe and North America. The increase in global temperatures may continue over the next century, driven by rising carbon emissions and other greenhouse gases. The power grid may not be able to withstand extreme weather conditions. Heat waves are one of the most challenging events for utilities because they increase electricity demand while affecting transmission and distribution infrastructure. During peak demand hours, when temperatures are hottest and electricity demand is highest, power plants can experience challenges in balancing supply with demand. This can lead to power outages as utilities attempt to maintain service reliability during peak load periods (when electricity use reaches its maximum). ## **The Role of Demand Side Management in the Pan-Global Fight Against Climate Change** Demand side management (DSM) in energy is a set of technologies and practices that help reduce electricity demand during peak hours. DSM programs can take many forms but involve behavioural change and technological innovation. In addition to reducing peak electricity loads, DSM programs can offer other benefits such as improved tenant satisfaction, diminished stress on the grid, and reduced greenhouse gas emissions. DSM programs are particularly effective at reducing electricity use during peak hours because they target the largest source of demand: homes and businesses. Of the total electricity consumption in Canada, the residential and commercial sectors account for more than half of the total. Energy demand side management strategies can be used day or night, even during non-peak times, reducing costs further and helping to avoid greenhouse gas emissions associated with bringing gas and coal plants online. The value of demand-side management strategies is enormous but is an often-overlooked part of our fight against climate change. If we want to meet our climate goals, we need to find ways to keep the dirtiest sources of power generation offline. ## **Smart Energy Curtailment Strategies for C&I Facilities** You can apply the same logic to commercial and industrial (C&I) facilities. Many of these buildings have already implemented energy efficiency measures, but that doesn’t mean they don’t use much power. Smart energy curtailment is an effective way to reduce demand and save money. It’s also a terrific way to manage energy usage during peak hours, ensuring that you don’t exceed your budget or emissions targets. As part of this process, you can also use demand side management strategies (DSM) to cut down on consumption by designing incentives for customers to reduce their power consumption at certain times. In the C&I sector, you should align energy curtailment strategies with overall goals for your facility and its occupants. Consider how you will use microgrids to reduce consumption. Microgrids can enable facilities to switch from being net consumers of energy to net exporters of renewable electricity, allowing them to profit from the excess power they produce. They also allow you to use less expensive off-peak electricity instead. #### **Automation** Automating your energy consumption is another incredible way to increase efficiency and reduce energy costs. Automating your power management system allows you to monitor and control all aspects of your building’s electrical system, including lighting, heating, and cooling systems, plug-in equipment like vending machines, charging stations for electric vehicles (EVs), water pumps, and more. You can also save money on energy costs by aligning the time of day you use electricity with the price points on your utility bill. This strategy is called load shifting or peak shaving, and it can save C&I facilities thousands of dollars. Peak shaving works by moving power consumption during hours when rates are highest to off-peak times when rates are lower. You can do this by using smart devices and software that automatically switch your power on and off based on the time and how much electricity you use at any given moment. It can also be used for strategies like load shifting, where commercial spaces will pre-heat or pre-cool spaces to avoid the highest spikes in electricity costs. ## **Utility Infrastructure Projects: The Impact on C&I Goals** Utility infrastructure projects are an excellent way to reduce greenhouse gas emissions while increasing reliability for commercial and industrial buildings. Infrastructure projects include upgrades to existing systems, such as a smart grid, and new installations, such as transmission lines. A smart grid is a modernized power delivery system that produces power more locally to where it is consumed, generally with Distributed Energy Resources like solar or batteries placed behind the meter on buildings of all types. It also allows customers to shift their electricity usage during peak hours (or even in real-time). For utilities, this reduces the need to construct more generation facilities or hundreds of miles of transmission lines, resulting in lower costs and environmental impacts for consumers and businesses. Transmission lines send power from where it’s generated to where it’s needed; they’re typically between substations in different regions of a country or state/province/territory—and sometimes even countries themselves! Producing renewable energy at the sites where it is consumed results in far lower costs for the utility and lower costs for the end customers. ## **Low Cost, High ROI Solutions** If efficiency is the aim, start by conducting an energy audit for your business. A qualified professional will be able to tell you what aspects of your business are most cost-effective to target and how to go about making improvements. You may also consider installing tracking software for various equipment in your building or space. This will allow you to monitor usage, performance, and costs in real-time, allowing you to adjust accordingly when necessary. ## **Energy Curtailment & Demand Response** You can’t just throw a plan together when it comes to energy curtailment and demand response. Think about the whole picture. [Energy curtailment plans for building owners](https://www.facilitiesnet.com/buildingautomation/tip/Energy-Curtailment-Plan-Is-at-the-Heart-of-Demand-Response--35985) must consider more than just energy savings. You must also plan for occupant comfort and productivity, as well as critical systems and spaces within your site. Demand response reduces the strain on the grid during peak times by using automatic control systems—and it’s up to you how far you go with demand response strategies. If you want to go all out, you can set up a demand response strategy that offers incentives to your building’s tenants. This is good for everyone involved: You get energy savings, you build brand goodwill through environmental initiatives, and tenants access more affordable electricity. ## **How Energy Storage Can Help** An energy storage system can help you reduce peak demand, translating into significant cost savings. The ability to store energy means that you can store energy when it is cleanest (and cheapest) to use behind the meter or even to sell back to the grid. This allows you to avoid paying expensive peak demand charges from your utility or third-party provider and can even add revenue streams for your business. It’s like that old investment adage, “Buy low, sell high.” Energy storage can also help reduce consumption by deploying stored energy at strategic times, allowing for greater productivity, and helping with executing your overall demand management strategies. It is becoming increasingly crucial for facility managers, portfolio managers, and energy managers who are charged with reducing their company’s carbon footprint and controlling the energy operating costs. ## **Integrating Distributed Energy Resources for Effective Grid Management** Distributed Energy Resources (DERs) can also provide the grid with the flexibility needed to manage the peaks of electricity demand. DERs are a primary component of the microgrid, which has grown into a mainstream technology, allowing for local control over power generation, storage, and distribution. With a microgrid, customers can access cleaner electricity sources like solar panels or wind turbines within their communities. They can use these resources by shifting their energy use from peak times to off-peak hours when prices are lower, thus reducing overall energy consumption levels compared with an average peak load model. A notable example of this sort of microgrid evolution is Peak Power’s project at Ontario Tech University. We are developing and executing a marketplace participation model that empowers Ontario Tech University to participate in the grid. The project applies Peak Power’s Synergy software to a microgrid of co-located assets. The project is focused on 3 major components: 1. **Multi-Asset Optimization:** The site will include existing DERs (combined heat and power systems, energy storage, and solar installations) and new DERs (energy storage, solar installations, and EV charging) optimized individually or collectively as a microgrid for wholesale operating reserve and real-time market streams. 2. **GHG (greenhouse gas) Optimization:** This project will quantify and analyze GHG emissions and then optimize for GHG reduction with smart energy dispatch. 3. **Resiliency:** Ontario Tech University is home to a state-of-the-art ACE Climatic Wind Tunnel. But it consumes a lot of power. This project will co-optimize the DER (Distributed Energy Resource) assets for both GHG reduction and energy bill reduction. If a power outage occurs, microgrids can work independently and allow for a quicker recovery time. They also can store energy so that it can be used when needed. For example, a commercial building or apartment complex may use solar panels to generate electricity during peak daylight hours, store that energy, and then use that stored energy later in the evening when their solar installations are no longer producing. During the evening, when electricity demand is at its peak, the building would use this stored energy to power its lights and equipment. Microgrids can also help prevent electricity outages. If one part of a utility grid loses power, the microgrid will continue to operate and supply electricity so that customers in that area aren’t affected. ## **Conclusion** As the planet grows hotter, we must change our energy consumption habits. This means reducing our use of fossil fuels and increasing our reliance on clean, renewable sources. But it also means changing how we manage demand for electricity by improving efficiency, increasing storage capacity so we can save power during peak times, buying less from the grid, and even exporting energy back to the grid. If you have questions about DERs, demand side management, energy storage, or smart grids [contact us ](https://peakpowerenergy.com/contact-peak-power-inc/)today! **Categories:** Blog **Tags:** Energy Storage System, Energy Management, Distributed Energy Resources --- ### [FERC 2222 Explained: What it Means for Distributed Energy in America](https://peakpowerenergy.com/2022/08/13/ferc-2222-explained-what-it-means-for-distributed-energy-in-america/) **Published:** August 13, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** As the agency in charge of overseeing the transmission and distribution of electricity in the United States, the Federal Energy Regulatory Commission (FERC) has an outsized influence on the clean energy transition in the US. This ‘FERC 2222 Explained’ article will help you to understand more about the mechanisms involved with this regulation. FERC regulations have a major role in accelerating the adoption of renewable resources and emerging cleantech by setting out the processes by which energy is connected to the grid. For example, [FERC Order 841](https://www.energy-storage.news/ferc-order-841-us-about-to-take-most-important-step-towards-clean-energy-future/) removed barriers to onboarding more distributed and behind-the-meter energy storage, while [earlier this year](https://www.canarymedia.com/articles/transmission/ferc-has-a-new-plan-to-connect-clean-energy-to-the-grid-more-quickly) the agency proposed major reforms on connecting renewable projects to the grid. In other words, the relatively obscure agency is key to the US meeting its clean energy goals, as Representative Sean Casten [emphasized](https://www.youtube.com/watch?v=TOo9SNtAKv8) when co-opting a Fergie song to promote “Hot FERC Summer” on the floor of the House of Representatives last year. [FERC Order 2222](https://ferc.gov/media/ferc-order-no-2222-fact-sheet), issued in September 2020, is no different in the impact it’ll have on the clean energy transition and grid operators across the country. Order 2222 will require transmission organizations and independent system operators, which manage the grids in two-thirds of the country, to enable **distributed energy resources (DERs)** access to wholesale energy markets. In laying the groundwork for plugging DERs into the country’s wholesale markets, Order 2222 could prove to be one of the most consequential regulations passed by FERC. ## **FERC 2222 Explained: What does it mean for clean energy?** Distributed energy, as opposed to that produced from traditional power plants, is the future of the American power grid. Renewable DERs, such as rooftop home solar, energy storage, and EVs, are essential to the US transition to clean energy and are a much more accessible way to expand the use of renewables, especially when compared to massive, utility-scale infrastructure projects. However, much remains to be done by grid operators to prepare the country’s transmission and distribution system for distributed energy, which is technologically quite different from the inertia-based, constant stream of power the grid was originally built for. Order 2222 doesn’t quite address those technical concerns, but it will make the case for DERs much stronger, for both energy producers and their consumers. Under Order 2222, DERs can now participate in America’s wholesale electricity markets. This means distributed energy will be able to compete with power from traditional power plants in the regional markets where electricity is bought and sold in a competitive process. Order 2222 also provides for the aggregation of DERs so they can better compete with traditionally generated power, an application of distributed energy Peak Power is [actively developing technology](https://peakpowerenergy.com/views-peak-energy-blog/) for. Ultimately, FERC 2222 encourages greater adoption of renewables by placing distributed energy on a more level playing field with legacy power plants. DERs are a much more efficient way to accelerate America’s transition to clean power, as they are easier and quicker to install than large, utility-scale renewable power plants. When aggregating DERs, as FERC 2222 allows for, they become a competitive alternative to power plants. DERs also make consumers more active participants in the energy transition, as their home’s solar panels or EVs can be used to create energy for everyone on the grid. ### **What does Order 2222 mean for the commercial real estate sector?** As it stands, there are already many benefits for CRE to install DERs at their buildings. Producing off-grid power can help lower energy costs, reduce a building’s carbon footprint, and create resilient backup power. FERC 2222 makes the case even stronger for installing DERs by helping offset a significant portion of their cost. In making it possible for DERs to participate in wholesale electricity markets, there are more opportunities for building owners to contribute the power they generate from their assets to the grids of transmission operators. Net metering already provides CRE customers with the means to sell excess energy back to the grid, but the current state of net metering is a patchwork of regulations that can dramatically differ by locality. As a federal regulation, FERC goes beyond state-level net metering schemes in making the monetary case for distributed energy. In encouraging CRE developers to install more DERs, FERC 2222 helps make building owners generate revenue from their renewable energy while helping meet their clean energy goals. ### **What does Order 2222 mean for energy developers and utilities?** Order 2222 accelerates a process that grid operators have long known is inevitable–that the grid would at some point need to accommodate a massive influx of DERs. While more DERs can help other grid operators meet their clean energy goals and rely on less capital-intensive infrastructure for power generation, a sudden influx of DERs can also be a major challenge for them. Distributed power like wind and solar is generated on an intermittent basis and causes greater variability to the grid than the relatively stable power produced by fossil fuel and hydropower plants. Beyond how power is generated, grids were also not traditionally designed to receive generated power from their consumers. DERs like energy storage and EVs can both take power from the grid and send power back to it; while this can be a boon for both consumers and utilities, especially in states with supportive net metering, it can be a technological headache for grid operators. A grid unprepared for DERs can become unstable and if power is not curtailed, then brownouts and damage to the grid – this is already a major issue in markets like California where solar is prevalent and often needs to be [curtailed](https://www.eia.gov/todayinenergy/detail.php?id=49276) when supply exceeds demand. Outside of issues with grid capacity, operators will also need to prepare their grids for various types of DERs. DERs are an umbrella term that brings together very disparate resources, ranging from solar panels and EVs to smart thermostats and small wind turbines. Energy operators will have to figure out how to manage the various types of DERs that could now be plugged into their grid under Order 2222. ### **Let Peak Power guide you to a future of distributed energy** The good news is that Peak Power serves as a resource for navigating FERC 2222. Our energy experts are prepared to help our customers in America’s wholesale energy markets navigate what they need to do to ensure compliance with Order 2222 and take advantage of the opportunities it offers for distributed energy. We also gather educational resources and stage events like our recent “*The Future of C&I with FERC 2222*“ webinar, which brought together clean energy experts to discuss how energy operators in Massachusetts and beyond can best prepare for Order 2222. You can watch the webinar recording on demand here: We believe the future of energy is distributed, and our products and solutions are helping to make power plants obsolete as we transition to clean energy. Our cleantech software is designed to take full advantage of DERs and makes it easier for grids to support more distributed energy by equipping our customers with the tools they need to bring their assets into the clean energy future. Order 2222 presents opportunities and challenges for the grid, but we’re prepared to help operators embrace distributed energy and realize a future without antiquated fossil fuels. *To learn more about how FERC Order 2222 will impact distributed energy and power grids, get in touch with one of our energy experts* [*here*](https://peakpowerenergy.com/contact-peak-power-inc/)*.* **Categories:** Blog **Tags:** Distributed Energy Resources, DERs, FERC 2222 --- ### [Navigating Ontario’s Market Renewal Program: A Guide for Class A Customers](https://peakpowerenergy.com/2025/04/07/ontario-market-renewal-program-ieso/) **Published:** April 7, 2025 **Author:** jonathan@peakpowerenergy.com **Content:** *Authored by: Jessica M. and James C. from Peak Power’s Markets Team* Ontario’s electricity market is gearing up for a big shift on May 1, 2025, with the implementation of the [Market Renewal Program](https://www.ieso.ca/market-renewal) (MRP) changes to the Independent Electricity System Operator (IESO)’s energy market. Through the MRP, the [IESO](https://peakpowerenergy.com/where-we-work/ontario-managing-global-adjustment/) aims to provide greater transparency, competition, and market efficiency. The market is moving from a two-schedule market to a single schedule market (SSM) with the goal of aligning price and dispatch signals and revealing areas that require investment to further support system reliability and ultimately lead to a robust and efficient energy market while aligning with other major ISOs in North American. This shift will impact how dispatchable load and non-dispatchable load (NDL) customers pay for their energy consumption. Below is an overview of the MRP changes that customers will see on their bills. ### Understanding Market Renewal Program: Key Changes and Benefits Dispatchable loads will see the replacement of real-time, uniform, unconstrained pricing with Locational Marginal Pricing (LMP). The LMP will include: - **Referencing pricing**—the price of energy at a specific location on the grid based on available supply, known as the ‘reference bus’; - **Congestion pricing**—the cost of servicing incremental demand in relation to the reference bus (*i.e.* if energy flows from one location towards the reference bus, congestion pricing will be negative. If the opposite occurs, it will be positive) - **Loss pricing**—the cost incurred as a result of system losses associated with servicing incremental demand at the applicable reference bus. Loss factors are a function of a resource’s distance from the reference bus and the transmission system flows. Loss pricing will be established on an hourly basis for inclusion in the LMP. The greater the system losses, the lower the LMP. NDLs can expect to see [Hourly Ontario Energy Price (HOEP)](https://www.ieso.ca/power-data/price-overview/hourly-ontario-energy-price) replaced with Day-Ahead Ontario Zonal Price (DA-OZP). The DA-OZP will be calculated as the average of all day-ahead LMPs across the applicable load zone, of which there will now be four: - **Northwest**—includes the remaining territories northwest of the Northeast and Southern regions - **Northeast**—includes approximately the regions that fall south of Attawapiskat and Wawa and north of the two Southern regions - **Southeast**—includes the Essa, Ottawa, Toronto and East regions - **Southwest**—includes the Bruce, Niagara, Southwest and West regions An NDL will be billed based on their forecasted hourly energy consumption at the applicable DA-OZP rate plus or minus any deviation in their actual consumption at the applicable real-time LMP rate: \[DA-OZP ($/MWh) x Net Forecasted Load (MWh)\] + \[RT-LMP ($/MWh) x Net Real-Time Load Deviation (MWh)\] ### What This Means for Class A Customers—and How Peak Power Can Help While we recognize that these changes introduce uncertainty for customers as they try to understand how their energy costs will shift under the new Market Renewal Program (MRP) system, the good news is that Peak Power can help mitigate some of that price concern by helping customers regulate their energy consumption and continuing to provide other cost mitigation services, like Global Adjustment (GA) charge management. An energy storage system can help manage energy charges by dispatching when consumption is forecasted to supersede historical forecasted hourly loads to decrease the likelihood that customers will be billed at a higher rate in the real-time market. This is known as non-coincident peak (NCP) management and can be beneficial for customers with volatile load profiles. This allows our customers to operate with increased energy cost predictability and can be further optimized to capitalize on pricing differences through different operational strategies. One thing that will remain the same under the MRP is the GA charge is here to stay. As regional constraints under the new pricing reform become more transparent, there is potential that this will spur energy development and increase GA charges in years to come. New generation capacity can mean greater cost recovery and, ultimately, higher GA charges. Peak Power remains well-positioned to help customers mitigate that charge, as we always have. With our peak forecasting capabilities, Peak Power helps Class A customers manage their Peak Demand Factor (PDF) and decrease their GA charges for the subsequent year. ### Stay Ahead with Peak Power The IESO’s MRP will introduce new complexities to our energy charges but Peak Power can help turn it into your advantage. With a proven GA management track record, software, and battery storage, you’re ready for May 1, 2025, and beyond. Ready to optimize your energy strategy? [Contact us](https://peakpowerenergy.com/contact-peak-power-inc/) today for a tailored consultation. **Categories:** Blog **Tags:** Global Adjustment, Market Renewal Program, IESO --- ### [What is Peak Shaving? What C&I Energy Consumers Need to Know](https://peakpowerenergy.com/2022/09/16/what-is-peak-shaving-what-ci-energy-consumers-need-to-know/) **Published:** September 16, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** At Peak Power, we’re focused on solutions that provide both economic and environmental benefits. Implementing Peak Shaving strategies can be one of the best ways to start your journey toward reductions of Scope 2 emissions and energy costs. Prefer to listen to a podcast? [Listen Here](https://open.spotify.com/episode/3Ed2trNd8S3u9jkYCpdYPv?si=GySHYQoTTOOF423yLwDdBQ&nd=1) to the Tangent Proptech podcast with our CSO, Imran Noorani, about the future of commercial real estate and how they can leverage the clean energy revolution to their advantage. ## **What is Peak Shaving?** But first, let’s dive into what peak shaving is. Energy consumption in most industrial and commercial buildings varies through distinct peaks and troughs. Utility providers usually have to devise ways to meet this fluctuating demand effectively. Fluctuating energy demands are particularly difficult for grid operators to manage considering they need to design–and pass costs on to consumers for–infrastructure to precisely meet periods of peak demand. We’ll use our highway analogy to illustrate this. It’s like building a 14-lane highway to accommodate traffic that might only happen a few days a year. Because, well, because blackouts and brownouts are not acceptable in a modern society. As a result, commercial and industrial facilities pay more for power usage during peak demand hours–it’s ultimately based on how much they contributed to those periods of peak demand. So how can industrial or commercial facilities reduce utility bills by reducing peak demand charges without hurting operations? Players in the energy industry have developed incentives to encourage these facilities to reduce power usage during peak demand hours. Additionally, drawing less grid power when its production is dirtiest ensures that industries manage their Scope 2 emissions. Peak shaving is one of the best ways heavy consumers can benefit from the way energy markets operate in today’s world. Peak shaving is the reduction in the amount of energy purchased during peak demand periods to reduce demand charges on utility bills. To better understand peak shaving, let’s look at how utility companies structure electricity bills for large users. Utility bills for industrial and commercial facilities come in two parts: - Energy consumption charges cover the total primary energy charges for a billing period measured in kWh. - Demand charges measure the energy consumption rate. Utilities charge commercial & industrial consumers a certain amount per kW of demand over the billing period. ## **Peak Shaving Strategies** Commercial buildings and industrial facilities can implement these peak shaving strategies to avoid demand charges and cut Scope 2 emissions: #### **Peak Shaving With Battery Storage** The basic concept behind peak shaving with battery storage is pretty straightforward: - You charge battery storage systems when energy rates are at their lowest, when the grid is the cleanest, or by using sited generation assets like rooftop solar - You then use stored power to run your operations during peak hours to avoid paying demand charges Battery storage systems allow buildings to cut utility bills without disrupting everyday operations. Other advantages of peak shaving with battery storage are AI solutions that can manage battery charging and discharge without human intervention. This type of software can also allow systems to alternate between the main power and the stored energy as the utility prices fluctuate by the hour. #### **Peak Shaving by Installing Solar Panels** Large customers can generate solar power on-site to reduce reliance on the electrical grid or to charge battery systems. This approach is so popular that it has affected the peak demand hours in some states. Peak demand is not necessarily happening during the sunniest hours of the day–when sited solar production is at its highest–but in the early evening when less solar energy is being generated by privately-owned solar systems. But, you can store a portion of generated solar power in battery systems for use during those peak times. #### **Peak Shaving With Solar Power and Battery Storage** Combining solar and onsite Battery Energy Storage Systems (BESS) ensures that industrial facilities and commercial buildings enjoy the highest power shaving benefits. Here is how it works: - You can charge your battery storage system during the day from the solar PV panels, which makes it very cheap and gives you clean energy. - Depending on your storage capacity, you can switch to whichever supply is cheapest during peak demand hours or at night. You will only have to rely on the utility grid when the sun doesn’t shine or after exhausting your storage. Additionally, you don’t have to manage this system actively. With proper configuration, software can regulate energy consumption to lower utility bills as much as possible. ## **Let’s explore energy incentives for industrial and commercial facilities by players in regions where Peak Power has a considerable presence.** ##### **Ontario** In Ontario, facilities that participate in the Industrial Conservation Initiative (ICI) pay a Global Adjustment (GA) fee according to their contribution to the **top five peak hours** of energy use. Commercial buildings and industrial facilities participating in this initiative are class A customers. Class A customers can track and reduce their energy consumption during the top five peak hours to lower utility bills. The IESO publishes information and provides tools for customers to track ICI Ontario demand values and identify the top five peak hours. Although, without software, signals, and proper notifications this can be labour-intensive to manage. Class A facilities that want to participate in the Industrial Conservation Initiative may ‘opt in’ from 1st May to 15th June each year. They must meet at least one of the following requirements: - More than 500kW average monthly peak demand if their North American Industry Classification System code starts with 31, 32, 33, or 1114. - Average monthly peak demand of more than 1000kW regardless of their North American Industry Classification System code, Consumers who do not meet the eligibility threshold can deploy temporary load-backs to raise their average monthly peak demand above 500kW. On the other hand, customers with over 5MW average monthly peak demand are automatically class A members. However, they may opt out in the following registration period. ##### **New York** In New York, the New York Independent System Operator (NYISO) runs a Demand Response incentive to ensure enough generating capacity to meet peak demand and maintain the long-term reliability of the power grid. It requires participants to reduce consumption during NYISO-defined periods. This refers to producing electricity, load reduction, or using stored power to avoid overloading the grid. Similar to Global Adjustment in Ontario, large energy consumers in New York State pay for the “Installed capacity” or “ICAP” based on the **single highest peak demand hour** on the NYISO grid, whenever it occurs during the year. Customers on fixed-price contracts pay for this charge in their rates. Facilities that reduce their peak power consumption through peak shaving can significantly reduce this charge, cutting electricity costs by up to 30%. ##### **Massachusetts** Massachusetts has several State, Federal, and Utility energy initiatives and programs that facilities can adapt to manage energy bills. Like New York, ISO New England’s (ISO-NE) Installed Capacity Market (ICAP) is an initiative to ensure electricity supply meets the market demand. Facilities that use more electricity during demand peaks pay more in ICAP charges. ISO-NE also runs Demand Resources- and Price-Responsive Demand Programs. A demand resource is anything–strategy, practice, software, equipment–that reduces electrical demand during peak hours or ISO-defined periods. Massachusetts Clean Peak Energy Standard rewards renewable energy generation and storage systems that reduce grid utility usage during peak demand. Clean Peak Resources (CPRs) that reduce consumption or supply power back to the grid during peak demand periods earn Clean Peak Energy Certificates (CPECs). Retail utility suppliers buy CPECs to prove clean energy production during peak demand periods. ##### California In California, buildings and distributed energy resources that participate in demand response programs are categorized into two types: Proxy Demand Response (PDR) and Reliability Demand Response Resource (RDRR). Proxy Demand Response is a way for companies to sell their electricity savings directly to CAISO’s wholesale market without going through an intermediary. Proxy Demand Resource – Load Shift Resource (PDR-LSR) allows storage resources to bid decreases and increases in load. Reliability Demand Response Resource enlists large energy users to reduce their electricity usage during times of emergency. The program is only triggered during emergencies, and participation is limited to certain types of demand response programs approved by the CPUC (California Public Utilities Commission). ## **Takeaway** Peak shaving can help you considerably reduce reliance on the utility grid to avoid peak demand charges. Levelling your demand curve is essential to managing energy consumption and Scope 2 emissions. It can be so important to C&I customers to develop a peak shaving strategy that combines the many generous incentives available to cover its initial and operating costs. We know that the energy incentives available in each market can be tough to navigate. So we’ve put together informative Guides to Energy Incentives available in each market. Download your [New York Guide here](https://peakpowerenergy.com/battery-energy-storage-operation-resources/incentives-programs/#download-form) or your [Massachusetts Guide here](https://peakpowerenergy.com/battery-energy-storage-operation-resources/incentives-programs/#download-form). Contact us for more information about implementing a peak shaving strategy. We’ll help you determine the feasibility of your options. **Categories:** Blog **Tags:** Energy Management, Peak shaving, Peak demand --- ### [Kruger Energy Partners With Peak Power](https://peakpowerenergy.com/2020/09/30/kruger-energy-partners-with-peak-power/) **Published:** September 30, 2020 **Author:** jonathan@peakpowerenergy.com **Content:** ## Kruger Energy Partners With Peak Power to Optimize Operation Of Energy Storage Projects in New York State **WESTCHESTER, NEW YORK, February, 27, 2020** – Kruger Energy Inc. and Peak Power today announced the successful commissioning of three behind-the-meter energy storage systems in New York State as part of a strategic partnership to expand into the New York distributed generation market, and explore business models in the electrification of trucking and industrial sectors. Supported by Peak Power’s SYNERGYTM software, the three customer-sited storage systems total 1.0 MW for an electrical capacity of 4.2 MWh, which makes them one of the largest behind-the-meter virtual power plant (VPP) in the State. The systems are located at commercial facilities owned by GHP Realty (GHP), a leading property manager in the State of New York. The VPP will participate in the Con Edison Demand Management Program and is designed to perform load displacement for office buildings, reduce utility costs related to capacity obligations and delivery charges, reduce greenhouse gas emissions, as well as enable other market revenue streams such as Con Edison Demand Response and NYISO ICAP for GHP. ‘‘We are very excited to enter the New York energy storage market,” said Jean Roy, Senior Vice President and Chief Operating Officer at Kruger Energy. “With several energy storage projects under way in Canada and the U.S., we needed the very best optimization software on the market to offer our customers the most innovative and cost-efficient solution, which is why we partnered with Peak Power.” “We are delighted to be working with Kruger Energy and GHP on delivering these projects and supporting New York State’s goal of 3,000 MW of energy storage by 2030,” said Derek Lim Soo, Chief Executive Officer at Peak Power. ## ****About Kruger Energy**** Kruger Energy is a business unit of Kruger Inc. and specializes in the development and management of renewable energy power plants. Kruger Energy manages and operates 42 production sites across North America, ranging from hydroelectric, wind, solar, energy storage, and biomass cogeneration plants, with a total installed capacity of 542 MW. ([energy.kruger.com](https://energy.kruger.com/)) ****![PEAK POWER Logo](https://www.kruger.com/wp-content/uploads/2020/02/peakpower_logo_black-300x189.png)**** ## ****About Peak Power**** Peak Power Inc. provides smart software and technology solutions for the modern energy market. Through their intelligent Peak SynergyTM platform, Peak Power provides developers with a financeable, simple, and high-performance solution to enable energy storage and renewable plus storage projects. ([www.peakpowerenergy.com](https://peakpowerenergy.com/)) **Categories:** Blog --- ### [Beyond Demand Response: Amping Up with Demand Side Management](https://peakpowerenergy.com/2025/01/24/beyond-demand-response-amping-up-with-demand-side-management/) **Published:** January 24, 2025 **Author:** jonathan@peakpowerenergy.com **Content:** As the economy grows, so does the demand for energy—stretching our power grid to its limits. Across North America, utilities face rising challenges to maintain grid reliability while avoiding service disruptions and price spikes for customers. The solution lies not just in expanding infrastructure but in smarter, more efficient energy use. That’s where demand side management (DSM) comes in, helping facilities become part of the solution while unlocking significant savings. ## What is Demand-Side Management? **Demand side management (DSM)** is an umbrella term referring to a utility-led strategy that optimizes how and when energy is used by consumers. DSM programs use a variety of methods to encourage consumers to use less energy during peak hours or shift their energy use to off-peak times. By encouraging efficiency and flexibility, DSM programs reduce the need for costly upgrades to generation and distribution infrastructure. DSM programs have a longer time horizon and incentivize efficiency. It encompasses a wide variety of initiatives, such as: - Equipment and process upgrades - Load shifting - Peak shaving - Demand response (DR), a subset of DSM Some well-known examples of DSM programs are the [MASS Save Program in Massachusetts](https://www.masssave.com/) and the [Save On Energy Program in Ontario](https://saveonenergy.ca/). DSM also encompasses initiatives such as retrofits, behaviour change programs, and education to encourage energy-efficient practices among end-users. These programs aim for long-term impact, ensuring that facilities transition to smarter energy use while achieving operational and cost efficiencies. --- ### Demand Response: A Key Component of DSM In comparison, demand response (DR) is a program subset of DSM. It has a shorter-term outlook and incentivizes flexibility to respond to specific grid events in real-time or near-real-time, stabilizing the grid while earning incentives. Facilities commit to adjusting their energy consumption in real-time to balance out various stresses on the grid. The aim is to address fluctuations in the grid as they happen, and facilities are rewarded for that energy flexibility. Even if its total energy consumption remains constant year on year, a facility can lower its utility bills by temporarily reducing or shifting its electricity usage in response to grid capacity or pricing spikes. Under some DR programs, facilities can use batteries to automatically curtail their demand on the grid as needed or even monetize their electricity savings by qualifying for expanded incentives. In our previous post, we examined [demand response for industrial facilities](https://peakpowerenergy.com/2024/09/04/navigating-demand-response/) and briefly discussed how it differs from demand-side management. **Demand Response (DR):** - **Definition:** DR is a specific subset of DSM focused on short-term actions to reduce or shift electricity demand during periods of stress on the grid or market price spikes. - **Scope:** Targeted and event-driven, typically involving real-time or near-real-time adjustments in energy use. - **Goal:** Provide grid flexibility, prevent blackouts, and manage costs during peak demand or grid emergencies. - **Mechanism:** - - Signals from utilities or grid operators (e.g., price changes, requests for load reduction). - - Participation in DR programs is often incentivized financially. - - Enabled by technology like smart meters, building automation systems, and battery storage. - **Example:** A commercial building adjusting temperature or turning off non-essential equipment during a demand response event. **Key Differences:** **Demand Side Management (DSM)** **Demand Response (DR)** **Timeframe** Long-term, ongoing Short-term, event-driven **Objective** Optimize overall energy usage Respond to specific grid conditions **Mechanism** Efficiency upgrades, retrofits, education, behaviour change Real-time energy use adjustments via automation or manual action **Scope** Broad. Includes DR as a subset Narrow. Focuses on immediate grid support --- ## How DSM Empowers Large Energy Users Facilities Facilities with significant energy needs—like manufacturers, cold storage facilities, and multi-facility campuses—can benefit immensely from DSM initiatives. Here are some examples of how DSM works in practice for these sectors: #### 1. **Manufacturing and Processing Plants** - **Smart Metering:** Real-time energy data helps identify inefficiencies. - **Heat Recovery Systems:** Reuse waste heat for industrial processes. - **Battery Storage:** Shift grid reliance during peak periods and automate DR participation, reducing costs. - **Advanced Automation:** Optimize production schedules to align with off-peak energy hours, saving on costs while maintaining output. #### 2. **Cold Storage and Warehousing** - **Efficient HVAC Systems:** Reduce the energy intensity of refrigeration and climate control. - **Load Shifting:** Leverage battery storage to power equipment during on-peak hours. #### 3. Steel, Cement, and Industrial Gas Facilities - **Peak Shaving:** Smooth out energy peaks to reduce demand charges. - **On-Site Generation:** Install renewable systems to lower overall grid dependency. - **Energy-Efficient Upgrades:** Retrofit older equipment to modern standards for improved energy performance. At Peak Power, we specialize in developing and optimizing battery storage, solar + storage, and smart EV charger management. These kinds of projects may even qualify for rebates from your local utility or for payments from capacity markets, depending on your region. If you’re contemplating energy-efficiency projects for your facility, our experts can help you explore local incentives and figure out next steps. --- ## Why Invest in Demand Side Management Initiatives? #### 1. **Stabilizing the Grid** By reducing peak demand and increasing efficiency, DSM ensures a more resilient and reliable electricity grid. For facilities, this means fewer disruptions and a more predictable energy landscape. Facilities with behind-the-meter energy storage solutions and renewable energy systems contribute significantly to this grid stability. #### 2. **Boosting Your Bottom Line** DSM reduces energy costs through efficiency, curtailment, load shifting, and participation in incentive programs. Facilities can monetize their energy flexibility with distributed energy resources (DERs). Additionally, demand-side programs help facilities optimize operational schedules to consume energy at lower tariff times, further reducing costs. #### **3. Pursuing Net Zero** Another important benefit of DSM is that it helps energy managers achieve their environmental targets. By transitioning to more efficient equipment and processes, as well as reducing energy consumption during peak demand periods, your facility can reduce its Scope 2 emissions. --- ## Why Choose Peak Power? At Peak Power, we’re experts in implementing energy storage solutions tailored to industrial and commercial facilities. Our end-to-end services include: - **[Battery Storage Development](https://peakpowerenergy.com/battery-energy-storage-development/) with our proven 5-step process** to get started with energy storage - **Advanced [Battery Storage Optimization and Operations](https://peakpowerenergy.com/energy-storage-management/energy-management-services/) Software** for facilities looking to better leverage their existing DERs. - [**Coincident Peak Notifications**](https://peakpowerenergy.com/energy-storage-management/coincident-peak-notifications/) for facilities looking to curtail and reduce costs during peak demand events which spike energy prices Demand-side management is about building resilience, lowering costs, and preparing for a sustainable future. If you’re ready to explore how our solutions can transform your facility’s energy operations, Peak Power is here to help. Contact us today to learn more or see if your facility could be eligible for a zero capex energy storage system through a shared savings agreement. Our market knowledge and expertise can help you get the most out of your energy operations. **Categories:** Blog **Tags:** Battery Storage Project Development, Battery Storage Operation, Peak shaving, Peak demand, load shifting, demand response --- ### [The Future of Energy Storage in Ontario](https://peakpowerenergy.com/2022/03/02/the-future-of-energy-storage-in-ontario/) **Published:** March 2, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** Since the Industrial Revolution, energy has become the lifeblood of our economy. And with everything happening in the world—from the conflict in Ukraine to the recent [IPCC report](https://www.ipcc.ch/report/ar6/wg2/) underscoring the real impacts of climate change we’re already experiencing—energy resiliency is a conversation that is going to be front and centre for all of us as consumers of electricity. When we talk about energy resiliency, [battery energy storage](https://peakpowerenergy.com/energy-storage-solutions/software-energy-storage-management/bess-energy-management-services/) plays a key part. Read more for a brief overview of some of the factors influencing the Ontario energy market and answer the question: What is the future of energy storage? ## **Setting the Stage: A Brief Overview of Global Adjustment** It all started with the Electricity Restructuring Act (Bill 100). In 2004, the Government of Ontario passed this bill, which established the [Global Adjustment charge](https://www.ieso.ca/en/Learn/Electricity-Pricing/What-is-Global-Adjustment). The purpose of Global Adjustment was threefold: 1. To make up the difference between the market rates of electricity (HOEP) and the cost to generate electricity 2. To aid in the costs of delivering conservation programs 3. To maintain sufficient supply and grid infrastructure The core argument was that utilities must size all their infrastructure to accommodate energy use for moments of peak demand. We can use the analogy of a highway to illustrate this. It’s like building a 16-lane highway to handle traffic that occurs only on three holidays a year–an unsustainable business model. However, traffic jams are an acceptable annoyance, but blackouts are not. As a result, our electricity bills are structured so that Global Adjustment charges all consumers of electricity based on how much they contributed to those moments of peak demand. This allows utilities and ISOs to recoup the costs associated with maintaining a grid that will operate during the highest periods of demand in a year—or as the analogy puts it, the costs of having to build a 16-lane highway where half the lanes are never needed. All energy users in Ontario pay a [Global Adjustment](https://peakpowerenergy.com/resources-battery-storage-operation/glossary-energy-terms-peak-shaving/) fee, which can account for 40%-60% of their bill. Most customers have their GA based on their total energy use (MWh). However, Class A customers taking part in the Industrial Conservation Program (ICI) have the GA portion of their bill calculated based on their peak demand (MW). ## **What is the Industrial Conservation Program (ICI)?** The Industrial Conservation Initiative (ICI) program is managed by the IESO and provides an incentive for large energy consumers to shift consumption to off-peak hours. Under the ICI program, your GA charges are calculated by looking at your total energy use as a share of the total energy use during the 5 hours of the year when the overall demand for electricity in Ontario is at its highest, known as the 5 coincident peaks. ## **Who is eligible to be a Class A customer in the ICI Program?** - If average peak demand is >5 MW, enrolment is automatic - If average peak demand is >1 MW and <5 MW, can opt in by June 15 - If a site is classified as a manufacturer (NAICS 31-33), can opt in if average peak demand is >500 kW ## The Electrification Generation ![Windmills illustrating the future of energy in Ontario](https://peakpowerenergy.com/wp-content/uploads/2022/03/future-energy-ontario-300x150.png) We’re undoubtedly racing into a future of the electrification of all major sectors. In fact, the [first autonomous, zero-emission container ship](https://www.electrive.com/2021/11/22/electric-container-ship-yara-birkeland-takes-maiden-voyage/) took its maiden voyage in late 2021. ***“The Yara Birkeland has an all-electric propulsion system (2x 900kW Azipull pods and 2x 700kW tunnel thrusters), which draws its energy from a 7 MWh electricity storage system.”**–electrive.com*** This highlights the speed and tenacity at which we are pursuing a net zero future. The transportation sector is set to be the dominant sector in the push to net zero, and as our largest emitting sector in Ontario, this is set to make a significant impact on decarbonization goals, but this will invariably affect the forecast demand of electricity in the future. According to the Ontario Energy Board’s forecast, there could be as many as 8.5M electric vehicles on the road by 2050. That volume of EVs (electric vehicles) will require more than 50-60 TWhs of electricity on an annual basis and could add to winter peaks by as much as 12-13 GW. By just the end of the decade alone, the IESO estimates that EV adoption will grow from just 50,000 cars currently to over half a million. Electrification of our economy doesn’t stop at transportation. We’re pursuing electrification in everything from building heating to steel manufacturing. This scale of electrification is driving innovation in the grid and across sectors and has even led to Canada’s first business-led electrification task force. ### Technology As a climate tech company, Peak Power deeply understands the role technology will play in our push to net zero. There is a strong perspective out there to “green the grid and electrify everything” to get to net zero, but this requires us to adopt and scale new technology on an unprecedented scale. Put simply, the way our grid is currently built as illustrated by the 16-lane highway example, is an unsustainable model. Energy storage and managed charging are already helping to solve this problem and enable the greening and modernization of the grid with things like - **Managed and bi-directional EV charging** to charge vehicles during times of low demand and even sell electricity back to the grid. The use of this technology is being illustrated by our [Peak Drive pilot](https://peakpowerenergy.com/energy-storage-solutions/software-energy-storage-management/bess-energy-management-services/) project. - Utility or privately owned **Distributed energy resources (DERs)** to decentralize the electricity grid. [DERs](https://www.awesense.com/distributed-energy-resources-der-basics/) encompass several generation and storage technologies: everything from rooftop solar to front-of-the-meter and behind-the-meter battery storage systems. - **Virtual power plants to aggregate DERs** and enable them to take part in the electricity market. As more renewable energy generation comes online and more, it is becoming harder for utilities to balance increasingly variable supply and demand; virtual power plant technologies are helping to solve this. The pervasiveness of these technologies is only set to grow, and public and private policy is moving in a direction to enable this. ### **The Policy Perspective** The underlying policies driving our transition and encouraging the adoption of storage technologies are net zero policies—at the local, national, international, and corporate levels. Governments and corporations are both implementing policies that either encourage or mandate our transition to net zero. From the legally binding Paris Agreement to Ontario’s Bill 32, the Carbon Budget Accountability Act. Ontario’s [Carbon Budget Accountability Act](https://www.ola.org/en/legislative-business/bills/parliament-42/session-2/bill-32) mandates carbon budgets for specific years and reporting by the Minister of Environment and the Premier. In fact, if the Minister and the Premier miss a reporting deadline, they must pay a financial penalty of 10% of their annual salary. **Carbon Budget Accountability Act | Mandated Targets** (a) Ontario’s total net emissions of greenhouse gases from 2023 to 2029 do not exceed 926 megatonnes; (b) Ontario’s total net emissions of greenhouse gases from 2030 to 2034 do not exceed 422 megatonnes; (c) Ontario’s total net emissions of greenhouse gases from 2035 to 2039 do not exceed 223 megatonnes; (d) Ontario’s total net emissions of greenhouse gases from 2040 to 2044 do not exceed 59 megatonnes; and (e) Ontario’s total net emissions of greenhouse gases in 2045 and in each year thereafter shall not exceed 0 megatonnes This just one example of a plethora of policies being implemented to drive our transition to net zero. ## **Learn more from industry experts about the Future of Energy Storage in Ontario** Peak Power and Ontario Energy leaders from the Independent Electricity System Operator (IESO), Ontario Energy Board, and Oshawa Power came together on March 15th to discuss the future of energy storage in Ontario. In this webinar, they discussed: - How regulatory policies, technologies, business models, and external factors could affect your operations and growth - How battery energy storage systems can improve your bottom line and contribute to your decarbonization and net-zero goals - How commercial real estate owners, developers, and property managers can position their portfolios to take advantage of the upcoming opportunities while managing risk in an environment that is changing quickly You can watch it on demand by viewing the video above. **Categories:** Blog **Tags:** Energy Storage System, Energy Storage Technology --- ### [The Crisis of Gender Diversity in the Energy Sector](https://peakpowerenergy.com/2021/03/09/the-crisis-of-gender-diversity-in-the-energy-sector/) **Published:** March 9, 2021 **Author:** jonathan@peakpowerenergy.com **Content:** By Imran Noorani, CSO and Late Founder, Peak Power I’m lucky to celebrate my birthday on International Woman’s Day. Birthdays generally spark self-reflection on one’s impact in the world, and sharing my birthday with International Woman’s Day has made me think of gender diversity, and my responsibilities. This year more than ever, I am feeling the drive to move beyond gestures of allyship to something that is more authentic and lasting. The COVID-19 pandemic and movements such as #MeToo and #BLM has brought the importance of justice, equity, diversity, and inclusion (JEDI) to the forefront. The answer to why we should take up this call to action is obvious to many, but it is helpful to see tangible statistics, especially in the business world. Higher representation of women in C-suite level positions results in 34% greater returns to shareholders[\[i\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_edn1). Organizations with above-average gender diversity and levels of employee engagement outperform companies with below-average diversity and engagement by 46% to 58%[\[ii\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_edn2). I came across this quote from the Centre for Creative Leadership, and it really resonated with me. “**Not everything that is faced can be changed, but nothing can be changed until it is faced** — **James Baldwin**”[\[iii\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_edn3). ## **We have to face our increasing gender diversity gap** Focusing just on gender diversity, we have to face the fact that we have a dire problem on our hands. Shockingly, McKinsey’s renowned *Women in the Workplace Report* concluded that progress on gender diversity has stalled. What’s worse is that it has regressed in the wake of COVID-19. One in four women are thinking about downshifting their careers and leaving the workforce. Additionally, “women — especially women of color — are more likely to have been laid off or furloughed during the COVID-19 crisis” [\[iv\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_edn4). The pandemic has shone a light on how much a woman needs to do to manage a career. Gender diversity is taking a hard stumble and is something we all seriously need to address. While businesses are making some strides in cultural diversity, women are still being left behind. Looking around the offices of where I work (Peak Power) I cannot help but notice and celebrate our cultural diversity. For many in the innovation sector, we recognize that diversity and creativity go hand-in-hand and are key ingredients to our success. Companies with diversity are 75% more likely to get innovative ideas to market[\[v\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_edn5). In a recent internal staff survey at Peak Power, a majority of our staff (greater than 60%) represent visible minorities. While our pre-COVID-19 potlucks represented an inspiring array of international flavours, we have still been struggling with equal gender representation. At this time, 31% of our staff is represented by people who identify as female, compared to 48% of the global work force. Being a technology company (with an engineering desk and operating in the energy sector), we have been told we aren’t doing so bad, but to me, this is not enough. ## **Ontario’s energy sector is slipping in gender diversity inclusion** I was curious to know how we compared with the rest of the industry. I did some secondary research, an internal survey, and canvassed Local Distribution Companies (LDC’s) in Ontario. I was sad to learn that despite my company’s cultural diversity, we are only ‘in line’ with what is out there for gender diversity. Senior female representation in Ontario’s energy sector is above average but we are slipping. According to the International Energy Administration (IEA), senior female representation in leadership in extractive industries (including energy) is less than 15%[\[vi\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_edn6). Alternatively, in primary research I conducted canvassing 364 Board Member profiles in 60 LDC’s in Ontario, I found only 24% (86 Board Members) represented women. While Ontario is above average compared to the IEA’s statistic, it is worth noting that when I did a similar LDC study in 2010, I found that female representation of Board Members in the LDC space made up ~30% (a surprising 6% decline over one decade). ![female board](https://miro.medium.com/max/242/1*f2EsciqIAjFvMOqAYtg5Zw.png) **Globally, the energy sector is unattractive to our future leaders, particularly females** In a 2017 Ernst and Young survey of 1,200 North Americans, 62% of the respondents said that a career in oil and gas was unattractive. For those that found the sector appealing, only 24% represented women[\[vii\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_edn7). In contrast however, the Renewable Energy sector was appealing to more than 2/3rds of the same survey respondents, with no significant difference in gender! ![Image for post](https://miro.medium.com/max/609/1*4xFliNO0t9zaqHgkDN_4jA.png) **The renewable energy and clean technology sectors are doing better than average** According the International Renewables Energy Agency (IRENA), women represent 32% of the renewable energy sector globally, which is higher than the traditional energy sector (22%)[\[viii\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_edn8). ![Image for post](https://miro.medium.com/max/624/1*DE_M_2U4-78l5kd7KgclRA.png) **Innovation leads to change in all aspects** In the energy sector, we know that the representation of women in renewables and clean technology is ahead of industry averages. The energy sector today is undergoing a rapid transition. Supporting innovation is a step in the right direction. Energy leaders can make tangible progress in clean energy and gender parity at the same time. But is it as simple as investing in innovation? We have been trying to address gender diversity for decades[\[ix\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_edn9). The lack of progress is often attributed to a disregard of issues within our own spaces (commonly referred to as ‘gender fatigue’[\[x\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_edn10)). **Where to start: identify the barriers in your space** All my research points to one thing as a first step — self-awareness. It is important to take stock of yourself and your leadership team. We all start with different personal biases and thoughts on social identities, and this can get even more complex taking into account different leadership styles. Knowing yourself allows you to compare differences amongst the team, identify gaps, and prioritize dimensions[\[xi\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_edn11). The Centre of Global Innovation defines diversity as ‘the similarities and differences among people’. This can be in various dimensions such as gender, gender identity, ethnicity, race, native or indigenous origin, age, generation, sexual orientation, culture, religion, belief system, marital status, parental status, socio-economic difference, appearance, language and accent, disability, mental health, education, geography, nationality, work style, work experience, job role and function, thinking style, and personality type. This list is not exhaustive, but it reflects that nature of our human understanding is expanding. Our goals are to create behaviours and structures that create equity. Equity requires recognizing that one size doesn’t fit all (assumed equality). A variety of tools must be created so that diversity can be leveraged[\[xii\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_edn12). After education and self-awareness comes action. My journey is just beginning, and I hope that you’ll share yours with me. But more than anything, I’m hoping that we can move the needle on this together. The 50–30 Challenge[\[xiii\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_edn13) is an example of a meaningful and measurable change, and crosses all industries and businesses. I’m now working to make this a pledge within my company. Join me. We have to do something meaningful now. It’s our responsibility. [\[i\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_ednref1) [\[ii\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_ednref2) [https://www.gartner.com/en/newsroom/press-releases/2019-10-30-gartner-says-diversity-and-inclusion-are-the-no–1-ta](https://www.gartner.com/en/newsroom/press-releases/2019-10-30-gartner-says-diversity-and-inclusion-are-the-no--1-ta) [\[iii\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_ednref3)[https://event.on24.com/eventRegistration/console/EventConsoleApollo.jsp](https://event.on24.com/eventRegistration/console/EventConsoleApollo.jsp?&eventid=2827911&sessionid=1&username=&partnerref=&format=fhvideo1&mobile=&flashsupportedmobiledevice=&helpcenter=&key=3374F88CD2D09A3E702C3094C32707A7&newConsole=true&nxChe=true&newTabCon=true&text_language_id=en&playerwidth=748&playerheight=526&eventuserid=419313121&contenttype=A&mediametricsessionid=360742950&mediametricid=3970004&usercd=419313121&mode=launch) [\[iv\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_ednref4) [\[v\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_ednref5) [https://www.ey.com/en\_gl/women-power-utilities/could-gender-equality-be-the-innovation-boost-utilities-need](https://web.archive.org/web/20230609113918/https://www.ey.com/en_gl/women-power-utilities/could-gender-equality-be-the-innovation-boost-utilities-need) [\[vi\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_ednref6) [\[vii\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_ednref7) [\[viii\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_ednref8) [https://www.irena.org/publications/2019/Jan/Renewable-Energy-A-Gender-Perspective](https://www.irena.org/publications/2019/Jan/Renewable-Energy-A-Gender-Perspective#:~:text=January%202019&text=Renewable%20energy%20employs%20about%2032,in%20the%20energy%20sector%20overall) [\[ix\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_ednref9) [\[xi\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_ednref11) [\[xii\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_ednref12) https://www.wraltechwire.com/event/launch-n-learn-with-dr-dennis-john-of-without-exception/ [\[xiii\]](https://mr-noorani.medium.com/the-crisis-of-gender-diversity-in-the-energy-sector-68d790231737#_ednref13) Photo by [Alex Kotliarskyi](https://unsplash.com/@frantic?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText) on [Unsplash](applewebdata://9598D519-C992-4031-AF74-C39FEBBC69A1/s/photos/male-office?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText) **Categories:** Blog --- ### [New York Battery energy storage system uses Artificial Intelligence..](https://peakpowerenergy.com/2020/05/01/new-york-battery-energy-storage-system-uses-artificial-intelligence/) **Published:** May 1, 2020 **Author:** jonathan@peakpowerenergy.com **Content:** ## New York Battery energy storage system uses Artificial Intelligence to lower energy bills and provide utility grid service NEW YORK, Dec. 5, 2018 /CNW/ – Peak Power Inc., a leading energy services provider, announced today that it has successfully completed the installation of 375 kW / 940 kWh of battery energy storage with GHP Realty, a division of Houlihan-Parnes Realtors, LLC, at their headquarters at 4 West Red Oak Lane, White Plains, New York. This project was funded in part through an incentive from a Con Edison Energy Efficiency program. “Peak Power is proud to partner with GHP Realty, a well-respected leader in the New York real estate community,” said Derek Lim Soo, CEO of Peak Power. “The electric industry is changing and energy storage systems can add tremendous value by reducing costs for building owners, while providing added resiliency and fast response grid services to the utility.” This project represents one of the largest energy storage installations in a commercial building in New York. It features Lockheed Martin’s Gridstar 2.0 energy storage technology, paired with Peak Power’s intelligent software platform, SynergyTM. The SynergyTM software optimizes the operation of distributed energy assets such as battery energy storage, electric vehicles, and solar. It forecasts moments of peak demand on the grid through the use of Big Data and Machine Learning, a form of Artificial Intelligence. This project also utilizes Peak Power’s Building Insight Platform (BIP) which uses internet embedded sensors within the building as part of a comprehensive energy management system. “This project offers a glimpse into our clean energy future in which customers will have reliability and resiliency,” said Vicki Kuo, director of Energy Efficiency for Con Edison. “The owners of this building took advantage of our incentive program to install a technology that will lower their energy costs and enable them to earn revenue by reducing their usage when demand on our grid is high.” The energy storage system will generate significant long term savings and a reduction in greenhouse gas emissions from electricity use. It will also help reduce the need for power from Con Edison’s grid at times when the demand for electricity is high, which usually occurs on hot summer days. That will help Con Edison keep its service reliable for its 3.4 million customers in New York City and Westchester County. Energy storage systems are crucial for the future of the electrical grid to more effectively and efficiently balance variable generation with demand. “We have been extremely impressed with Peak Power’s capabilities and the simplicity of the overall process,” said Michael Cinicolo, Vice President of Property Management and Construction. “We are very excited to be one of the early adopters of energy storage in New York.” **About GHP Realty** GHP Office Realty is a division of Houlihan-Parnes Realtors, LLC, one of the leading owners, operators, and purchasers of suburban New York commercial real estate. GHP Office Realty has acquired, financed, redeveloped, leased, and managed more than 6,000,000 square feet of office space. Regionally, the partners own and manage buildings in Westchester and Rockland Counties, New York, in Fairfield County, Connecticut, in Bergen County and Princeton, New Jersey, and in Fort Worth, Texas. **About Peak Power** Peak Power is a technology services provider for the distributed energy resource market. Through their Peak SynergyTM controls platform, Peak Power is empowering building owners to achieve long-term savings from rising electricity bills, reach sustainability goals, and increase onsite resiliency, all while aiding utilities in addressing aging infrastructure and peak demand requirements. This announcement follows the recent partnership announcement between Peak Power and Alphabet Inc’s Sidewalk Labs to target increased sustainability in urban centers. For more information, please visit [www.peakpowerenergy.com](https://peakpowerenergy.com). **Categories:** Blog --- ### [Peak Power Secures Funding from Sensata Ventures and EDC](https://peakpowerenergy.com/2020/11/16/peak-power-secures-funding-from-sensata-ventures-and-edc/) **Published:** November 16, 2020 **Author:** jonathan@peakpowerenergy.com **Content:** Toronto, ON. Peak Power, a Canadian based Startup, announced today that is has received funding from Sensata Ventures and Export Development Canada (EDC) to fund further expansion of its proprietary Synergy™ Platform. The AI-based Synergy™ software supports Peak’s mission to enable the integration of distributed energy resources into the Smart Cities and connected buildings. With Synergy™, Peak Power can optimize energy assets, including buildings, energy storage and electric vehicles acting as synthetic, stationary, and mobile batteries respectively. These solutions can be deployed independently or collectively as a Virtual Power Plant to respond to the grid’s needs in real-time. Through the Synergy™ platform, Peak unlocks new revenue streams and reduces emissions for their customers in the C&I, energy development, and utility sectors. Sensata’s investment in Peak Power forms part of its strategic growth initiative in the energy sector. “We recognize that Peak Power is a leader in the development of advanced optimization software for distributed energy resources. After seeing the capabilities of their Synergy™ platform, we believe Peak will play a critical role in enabling intelligent and clean energy in Smart Cities” said George Verras SVP of Sensata Ventures. “We intend to actively engage Peak Power to help meet our strategic objectives in the energy management space”. “[Peak Power](https://peakpowerenergy.com/) exemplifies a Canadian success story, showcasing the talent and expertise Canada has to offer in using artificial intelligence in energy control.” said Carl Burlock, Executive Vice-President and Chief Business Officer at EDC. “We are proud to support Peak Power through EDC’s investment Matching Program, which will enable the company to scale its business internationally, while making a positive impact on the environment.” Headquartered in Toronto, Peak Power has assets under control in Ontario, New York and California, representing some North America’s largest Real Estate Investment Trusts and Commercial & Industrial facilities. They have achieved numerous industry firsts, including being the first to discharge a fleet of electric vehicles using Vehicle-To-Grid technology as part of a multi-asset virtual power plant in response to grid needs. Peak’s work has been featured in both Forbes and BNN for their innovation and business acumen. “Peak is very grateful to have the support of both Sensata and EDC,” said Derek Lim Soo, CEO and Co-Founder of Peak power. “Sensata is a leader and innovator in sensor solutions which is a natural strategic fit with our Synergy™ offering, and EDC is renowned for helping Canadian companies succeed in the global market. Together, we will focus on high-value customer segments, including manufacturing, Commercial & Industrial and buildings to create differentiation through technology innovation.” ## About Peak Power Peak’s AI-powered software enables intelligent energy in smart cities by optimizing synthetic, stationary, and mobile batteries to act as grid resources. Peak’s solutions reduce client’s operating costs and environmental footprint while decreasing strain on the grid. ## About Sensata Sensata Technologies is one of the world’s leading suppliers of sensing, electrical protection, control and power management solutions with operations and business centers in 11 countries. Sensata’s sensors are the fundamental building blocks needed for a smart, connected, electrified and ultimately, autonomous world. ## About EDC Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian companies of all sizes succeed on the world stage. As international risk experts, we equip Canadian companies with the tools they need – the trade knowledge, financing solutions, equity, insurance, and connections – to grow their business with confidence. Underlying all our support is a commitment to sustainable and responsible business. To help Canadian businesses facing extreme financial challenges brought on by the global response to COVID-19, the Government of Canada has expanded EDC’s domestic capabilities until December 31, 2021. This broader mandate will enable EDC to expand its support to companies focused domestically. For more information and to learn how we can help your company, call us at 1-800-229-0575 or visit[ www.edc.ca](https://www.edc.ca) **Categories:** Blog --- ### [Imran Noorani Named Peak Power’s New CSO and Late Founder](https://peakpowerenergy.com/2021/06/17/imran-noorani-named-peak-powers-new-cso-and-late-founder/) **Published:** June 17, 2021 **Author:** jonathan@peakpowerenergy.com **Content:** Peak Power is thrilled to announce the promotion of [Imran Noorani](https://www.linkedin.com/in/imrannoorani/) to Chief Strategy Officer and Late Founder. In 2019, Imran joined as Director of Corporate Development and has been a key part of Peak’s growth. In 2020, he took the role of VP of Corporate Development and expanded strategic partnerships. This resulted in new deals and funding through sources such as FedDev Ontario, system operator innovation projects, government facilities, and Crown Corporations. In total, we raised $21M in funding. “From day one, Imran has been as committed as any founder. We’re happy to make it official.” says CEO and Co-founder, Derek Lim Soo. Imran brings with him over a decade of experience in the energy sector. His new role will have him overseeing corporate development, partnerships, and product. [Peak Power is growing](https://peakpowerenergy.com/), which can cause silos as teams expand. This move will better align these departments to where the market is headed. Peak Power is paving a way for the building sector, a major contributor to greenhouse gas emissions, to be part of the solution. Imran has been instrumental in developing this vision. As CSO, his focus is to “put the environment on the balance sheet”. “Costs have always been a barrier to environmental progress.” says COO and Co-Founder Matthew Sachs, “With Imran leading strategy and product, we’re going to break that barrier with technologies that save money and help the environment.” The Peak team congratulates Imran on this latest chapter of his career! **Categories:** Blog --- ### [What is Grid Mix and Why Does it Matter?](https://peakpowerenergy.com/2022/05/30/what-is-grid-mix-and-why-does-it-matter/) **Published:** May 30, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** ###### Last Updated: December 8, 2022 Electricity is one of those modern necessities that we can’t live without anymore. In talking about grid mix, we should first look at the disruption caused by the most recent storm in Ontario. This violent windstorm swept through a vast swath of Ontario and parts of Quebec, leaving more than [150,000 ](https://www.cbc.ca/news/canada/toronto/ontario-storm-power-schools-closed-tuesday-may-24-1.6463645#:~:text=More%20than%20150%2C000%20still%20without,CBC%20News)consumers without power. For some of them, losing power doesn’t just mean losing lights. When the power grid is significantly damaged or suffers a failure, households could be dealing with flooded basements or loss of running water because their sump or water pumps stop working, loss of heat from electric-run furnaces, food in fridges and freezers goes bad. The list goes on. “Hydro One said Thursday that about [68,800 customers are still in the dark](https://www.ctvnews.ca/canada/11th-person-dies-from-weekend-storm-tens-of-thousands-ontarians-still-without-power-1.5919125), with those in the Bancroft, Perth and Tweed regions expected to be without power for several days.” And as climate change continues to make heat waves hotter and storms stronger, our electricity grids are only going to come under increasing strain. It’s also why there’s so much worry about [rolling blackouts hitting the US Midwest](https://www.canarymedia.com/articles/utilities/why-are-blackouts-looming-blame-extreme-weather-not-wind-and-solar) through the summer of 2022. If we want to create a more reliable electric system, we need to take a good hard look at our grid infrastructure and the way the grid is fundamentally designed. Grid mix is going to play a critical role in that design. Grid mix is also the key to getting our economy to net zero. ## **The Root of the Problem: Grid Design and Climate Change** It’ll come as no surprise that [electricity production](https://www.epa.gov/ghgemissions/sources-greenhouse-gas-emissions) is the second largest source of emissions in the US after transportation. It’s because 60% of electricity comes from burning fossil fuels. In our haste to electrify everything, we’re placing more and more demand on our power grids and increasing our power generation needs. Much of the time, we’re meeting that boom in demand by burning more fossil fuels, like natural gas. It’s the elephant in the room we need to talk about: we’re not going to do much to solve the climate crisis and decarbonize if we keep burning fossil fuels in big, centralized, dirty power plants to power our “zero-emission” cars and other “clean” technology. We also can’t build the infrastructure—things like transmission and distribution lines—fast or efficiently enough from centralized power plants to keep up with the forecasted electricity demand. ***We’ll use the highway analogy:** The way our current electricity grid is designed, we need to build infrastructure for the 4-hours of highest demand in the entire year. It’s like building a superhighway that’ll be full on the busiest travel day of the year (let’s say Christmas) and nearly unnecessary for the other 364 days. Building infrastructure in that way just doesn’t make sense… and it costs us all a lot of money.* *Our COO, Matthew Sachs, breaks this down even further in this interview:* If we actually want to shift power generation to cleaner sources, create a more resilient grid, and do so in the most economically viable way, decentralization is key. And at the crux of a decentralized system, is clean generation technology like solar, wind, and energy storage. ## **What is Grid Mix?** Grid mix is quite simply the proportion of power generating sources that supply power to a grid. Here are some visual examples broken down by market: **New England (ISO-NE)** ![Electricity grid mix New England NE-ISO](https://peakpowerenergy.com/wp-content/uploads/2024/03/gridmix_iso-ne_240301-1.png) **Ontario (IESO)** ![Electricity grid mix Ontario IESO](https://peakpowerenergy.com/wp-content/uploads/2022/05/electricity-grid_IESO.png) **California (CAISO)** ![gridmix caiso 221007 V1](https://peakpowerenergy.com/wp-content/uploads/2022/05/gridmix_caiso_221007_V1.png) **New York State (NYISO)** ![gridmix NYISO icap](https://peakpowerenergy.com/wp-content/uploads/2022/05/gridmix_NYISO-icap.png) As illustrated in the above real-life graphs, the higher the demand, the dirtier the generation. For commercial and industrial consumers, this directly affects their Scope 2 emissions and decarbonization goals. But it also affects the prices all electricity consumers pay. The dirtiest sources of power generation are also, generally, the most expensive. ![PJM Economic Dispatch Graph](https://peakpowerenergy.com/wp-content/uploads/2022/05/economic-dispatch.gif)Source: [PJM](https://learn.pjm.com/three-priorities/keeping-the-lights-on/how-pjm-schedules-generation-to-meet-demand) ## **How Energy Storage Fits In** There is a lot of buzz about distributed—or decentralized–energy resources. It’s because it’s one of the key technologies that will enable the functionality of a decentralized grid and will reduce the need for infrastructure development as demand rises. In fact, many jurisdictions across North America are championing and **supplying generous incentives** for the development of sited solar and energy storage. > ***New York Energy Storage Highlight:** In 2019, New York passed the Climate Leadership and Community Protection Act (Climate Act), codifying some of the most aggressive energy and climate goals in the country, including 70% renewable energy by 2030 and 3,000 MW of energy storage by 2030. The available incentives are working, and at last update New York was already at 82% of the 2025 target. This prompted Governor Kathy Hochul to announce plans to double the energy storage target to 6 GW by 2030.* Energy storage is the key piece of energy technology that will alleviate the intermittency of distributed, clean generation resources like building-sited solar and ensure that power is being supplied closest to where it is being consumed. This storage technology also saves large energy consumers a lot of money by using stored energy when demand and prices are the highest… and when the supply of power is dirtiest with fossil fuel peaker plants meeting demand spikes. Energy storage allows us to more efficiently use our electricity resources while cutting emissions. We can build resiliency, reduce the need for costly infrastructure upgrades (which we all end up paying for), and profitably reach our net zero goals—this is the power of decentralization. ## **Let’s Make Power Plants Obsolete** *Buildings are the key to the clean energy revolution* As we detail in this blog post, the current, centralized electricity system is not sustainable. Between the climate crisis, blackouts, aging infrastructure, and rising costs, the system needs a huge overhaul. The demand for electricity is high – and getting higher – and big power plants aren’t meeting our needs. At Peak Power, we say it’s time to disrupt, decentralize, and decarbonize. We can do this through software and energy storage solutions for the real estate sector. Our tech turns commercial buildings and industrial facilities into hubs in a new, decentralized electricity system. This means cleaner, more reliable, and more affordable electricity. ## **Energy Markets are Complex. We’ll Help You Navigate Them.** Our team of energy experts can help you with everything from project design and financing to energy storage development and operation. [Set up a call with our team today](https://peakpowerenergy.com/contact-peak-power-inc/). **Categories:** Blog **Tags:** Grid Mix, Energy Grid --- ### [The Advantages of Virtual Power Plants for Industrial Facilities](https://peakpowerenergy.com/2023/09/11/the-advantages-of-virtual-power-plants-for-industrial-facilities/) **Published:** September 11, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** From growing populations to extreme heat waves, the current power system works overtime to meet ever-increasing energy demand. If we want to keep up, we need to look at new ways of building out energy infrastructure, including more intelligent use of energy resources. Virtual Power Plants (VPPs) are an alternative to relying on gas or coal power plants and the associated costly (and often complicated) transmission and distribution infrastructure. Virtual Power Plants enable distributed energy assets to play a more significant role in the overall grid. Brattle [reports](https://www.brattle.com/real-reliability/) that the net cost of providing sufficient energy from a VPP is significantly less than alternative options such as gas. In fact, it’s the only resource with the potential to provide resource adequacy at a negative net cost. ## What is a Virtual Power Plant? Virtual power plants (VPPs) are a type of decentralized energy supply that relies on a network of small energy-producing and energy storage assets – distributed energy resources – instead of the main centralized power grid. They can include many renewable energy sources like rooftop solar, wind or solar farms, battery storage, and even individual electric vehicles. Businesses can participate in VPPs, and as they become more prolific, it opens up opportunities for both commercial and industrial organizations and residential homes with solar, storage, and electric vehicles to participate. VPPs also use [optimization software](https://peakpowerenergy.com/energy-storage-solutions/software-energy-storage-management/) to control the charging, storing, and dispatching of energy to benefit the system. A VPP may also serve the main grid and supplement centralized systems. ### Use Case: Emergency Load Reduction Program (ELRP) For example, Tesla has partnered with Pacific Gas and Electric Company (PG&E) to create the Emergency Load Reduction Program (ELRP) pilot program. This program encourages residential customers in the PG&E service territory to become a part of the ‘largest distributed battery in the world’ in an effort to help keep California’s energy clean and reliable. Eligible customers with a Tesla Powerwall receive a notification a short time before the grid needs emergency support, which helps reduce the chance of community power outages. It comes with an incentive, too: eligible participants will receive $2 for every additional kWh their Tesla Powerwall provides during an event. In 2022, this pilot program saw considerable success during the Labor Day heat wave. Powerwall owners were able to make significant contributions to the grid during this time. ## Funding Opportunities There is an initial investment required to become a part of a virtual power plant, but [many incentives](https://peakpowerenergy.com/resources-battery-storage-operation/incentives-programs/) are available from federal, state, and provincial, local governments, and even utilities. For example, Peak Power [worked with GHP Office Realty](https://peakpowerenergy.com/massachusetts-energy-storage-incentives/) to develop battery storage at their facilities in New York State. Con Edison, the electric utility for the sites, provided funding for the project so that the battery storage could be used to help the utility during peak demand events. Potential Additional Revenue Stream For a distributed energy resource to be a worthwhile investment for a company, it needs to be profitable. When energy demand is high, grid operators will call upon other resources to help provide energy or reduce strain on the grid. As a facility with on-site battery storage, you can become a participant. When prices and demand are low, your battery will charge up on energy. Peak Power’s energy storage management and optimization software helps to anticipate these peak events. Many utilities will offer demand response programs where you can earn financial compensation for reducing your electricity use during these peak demands. In 2020, Peak Power responded to the call for a test demand response event. Our VPP demonstration was the first of its kind in the City of Toronto, consisting of four batteries, twelve electric vehicles, and load reductions across eight commercial buildings in Toronto. Together, these buildings operated as a single VPP. Within just four hours, they created over $10,500 worth of value during the peak demand event. ## Protected From Outages Climate change has increased unpredictable weather, like a sudden demand for air conditioning due to an unprecedented spring heat wave. During extreme weather and heavy usage, centralized power can be quite unreliable. The result? Blackouts that can last for hours and so much lost income potential as your facility shuts down operations. But at Peak Power, the weather is far from unpredictable. Our on-staff meteorologists work tirelessly to predict heat waves and other major peak demand events. Peak Power’s energy management software, combined with on-site energy storage, allows operations to continue as usual. [Lactalis Canada](https://peakpowerenergy.com/project/lactalis-canada-zero-cost-resiliency/), one of the nation’s largest dairy providers, found that even a few seconds of lost power could affect production and quality, potentially costing thousands of dollars. As a solution, we designed energy storage systems with ride-through capabilities of up to two hours to safeguard against any potential short power outages, saving them an estimated $1 million annually. The more facilities that have stored power and can respond to needs on the grid by using stored electricity from distributed energy resources (thus reducing demand on the grid), the more stable the main power grid will be for others. Fewer buildings will rely on the power at peak times, making outages less likely. ## More Efficient Most power plants are located far away from the facilities and homes they power. But the further that energy has to travel, the more that is likely to be lost in transmission. Power loss in transmission lines often comes from heat dissipation, which can add up the further the electricity goes to reach the consumer. The U.S. Energy Information Administration (EIA) [estimates](https://www.eia.gov/tools/faqs/faq.php?id=105&t=3) that an average of 5% of the total energy in the United States from 2017-2021 was lost during transmission and distribution. Distributing electricity is more efficient when the power source is closer. With a network of VPPs, the power sources are much closer and less energy is lost in distribution from source to consumer. ## Meet Your Clean Energy Goals With the help of [Peak Power’s energy storage solutions](https://peakpowerenergy.com/), it’s possible to pursue net zero goals for your business and make it profitable to do so. VPPs use renewable resources and clean technologies to reduce fossil fuel emissions that centralized, dirty power plants emit. Eventually, VPPs could replace the need for gas and coal-powered peaker plants completely. Overall, VPPs are a win-win since they allow your facility to lower costs while increasing grid reliability for everyone, all while helping your facility reduce scope 2 emissions. Now is the time for large businesses to take advantage of all the incentives and resources available. Check out our [resources page](https://peakpowerenergy.com/resources-battery-storage-operation/) to learn more about how a virtual power plant can revolutionize the energy operations of your business. **Categories:** Blog **Tags:** Energy Storage System, Energy Storage Technology, Battery Storage Software, Virtual Power Plants --- ### [Understanding C&I Building Energy Demand (and How to Cut Energy Costs)](https://peakpowerenergy.com/2023/09/28/understanding-ci-building-energy-demand-and-how-to-cut-energy-costs/) **Published:** September 28, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** In today’s world, building energy management and sustainability have become top priorities for facility managers, energy managers, process engineers, and sustainability managers. To achieve cost and emission reductions, it’s crucial to gain a deep understanding of your facility’s energy demand curve and profile. By doing so, you can identify opportunities for cost savings and reductions in Scope 2 emissions. However, it’s not just about understanding your building’s energy demand in isolation; it’s also about knowing when peak demand occurs, as these moments can significantly impact costs and environmental factors. In this blog post, we’ll delve into the importance of understanding and managing building energy demand and how it all works in the context of peak electricity demand events – including how it can lead to substantial savings. We’ll also explore recent legislative changes, such as the Inflation Reduction Act and the updated Energy Storage Investment Tax Credit (ITC), that can further incentivize energy management. ## **Understanding Building Energy Demand** Energy demand in commercial and industrial (C&I) buildings is in constant flux, influenced by various factors, including operational scheduling, weather conditions, and the use of HVAC systems. Plus, the continuous operation of essential systems such as alarms, wireless devices, servers, and security cameras contributes to your facility’s daily demand. This daily demand results in a load profile, illustrated by a line graph, with electricity usage on the y-axis and hour on the x-axis. Many commercial office buildings see their energy load spike in the middle of the day when offices are full and HVAC systems are running. Some industrial facilities have a relatively flat load profile, as they’re in operation 24/7. ![Building energy demand load profile](https://peakpowerenergy.com/wp-content/uploads/2023/09/image-1024x216.png)Load Profile of an Industrial FacilityUltimately, every business is unique, and each building will have its own electricity load profile. However, it’s essential to understand your building energy demand and load profile to understand better the opportunity to reduce electricity costs. ## **Building Energy Management Systems (BEMS)** In today’s energy-conscious world, businesses increasingly turn to Building Energy Management Systems (BEMS) to understand their load profiles, optimize energy consumption, reduce costs, and enhance sustainability. These systems play a pivotal role in both new construction projects and retrofitting existing commercial and industrial (C&I) buildings. #### **What are BEMS?** Building Energy Management Systems, commonly referred to as Building Management Systems (BMS), are sophisticated, integrated systems and software that monitor, control, and optimize a building’s various energy-consuming systems. These systems leverage advanced technologies such as sensors, data analytics, and automation to provide real-time insights into energy usage and enable precise control of heating, ventilation, air conditioning (HVAC), lighting, and more. #### **Benefits of BEMS** - Energy Efficiency: BEMS help businesses reduce energy consumption and lower operational costs by optimizing system performance and reducing waste. - Environmental Sustainability: By reducing energy consumption, BEMS contribute to sustainability goals by minimizing greenhouse gas emissions and environmental impact. - Operational Optimization: These systems enhance building comfort, productivity, and maintenance by ensuring that systems operate efficiently and respond to changing conditions. Whether in new construction projects or retrofitting existing buildings, BEMS offer customizable solutions that empower businesses to control and optimize their energy consumption. But optimizing building operations does not yield the biggest savings. The most significant savings come from understanding (and acting upon) grid factors and how your building plays a part in the overall electrical system. ## **Peak Demand: The Largest Cost Factor** In most regions, electricity prices fluctuate with demand, resulting in off-peak and on-peak pricing. Typically, electricity is cheapest during overnight hours when demand is low (Off-Peak) and most expensive during peak hours when consumption is at its highest (On-Peak). Typically, there is a concentrated “peak demand period” of about 4-5 hours in the early evening (4-9 PM), when most folks are home from the workday and turning on TVs, stoves, and dishwashers. That’s where you’ll see the highest demand charges. We can break time periods down into three categories: - **On-Peak:** The most expensive time to use energy - **Off-Peak or Mid–** **Peak:** An average cost of energy - **Super-Off-Peak:** The cheapest time to use energy Seasonality also plays a significant role in the cost of energy. For example, some months (like May or October) tend to be cheaper than in the heat of summer or dead of winter, when demand peaks because of heating or cooling. However, some regions see Coincident Peak demand events, which occur only for a few hours each year. Coincident peak, also known as system peak or peak demand, is the specific point in time when electricity demand reaches its highest level across the grid. These events can significantly spike electricity costs and may not align with standard on-peak hours. For example, in Ontario, it’s referred to as Global Adjustment; in New England and New York, it’s known as ICAP. Understanding building energy demand can help mitigate day-to-day on-peak pricing, but it won’t predict Coincident Peak events. ## **Mitigating Costs with Battery Energy Storage** Proactive energy management can yield substantial savings by predicting when Coincident Peak events will occur. By pairing your understanding of building energy demand (or load profile) with battery energy storage systems, you can strategically store energy during low-demand periods and discharge it during Coincident Peak events. This strategic charging and discharging of stored energy reduces electricity costs and contributes to a more stable and resilient grid. ## **The Inflation Reduction Act and Energy Storage ITC** Recently, legislative changes have further incentivized investment in energy storage solutions. The Inflation Reduction Act (IRA) and the restoration of the [Investment Tax Credit (ITC)](https://www.epa.gov/green-power-markets/summary-inflation-reduction-act-provisions-related-renewable-energy) offer the most significant financial benefits for businesses investing in energy storage systems. #### **Here’s how it works:** This is a tax credit for commercial and large-scale deployments of solar or solar + storage. The Inflation Reduction Act updated the ITC to include standalone energy storage projects and several other clean energy technologies. Storage projects must be capable of receiving, storing, and delivering electricity and must have a minimum capacity of 5 kWh. The tax credit has been restored to its full 30% value for solar, storage, and solar + storage projects beginning construction before January 1, 2025. However, there are new eligibility guidelines to qualify for the full ITC value and failure to meet these requirements means a developer may only be entitled to a 6% ITC (an 80% reduction in value). - **Prevailing Wages:** Any project must pay prevailing wages during the construction, alteration, and repair phases and for at least the first five years of operation. These rates are published by the US Secretary of Labor. Projects under 1 MW are exempt. - **Registered Apprenticeship Requirements:** Qualified apprentices (as defined by the National Apprenticeship Act) must make up a specific percentage of the labor hours on a project. If a project employs four or more individuals, this requirement would apply. Projects under 1 MW are exempt. This tax credit can offset a substantial portion of the costs associated with implementing battery energy storage, making it an even more attractive option for mitigating peak demand costs and contributing to sustainability goals. ## **Interested in a No-Cost Energy Storage System?** In the face of rising energy demand and the need for action on climate change, understanding and managing building energy demand have become critical for businesses seeking to optimize costs and reduce their environmental footprint. By staying informed about your building’s energy load profile, forecasted peak demand events, and by leveraging legislative incentives like the Inflation Reduction Act and the updated Energy Storage ITC, your business can implement strategies like battery energy storage to save significant amounts of money and contribute to a more sustainable energy future. At Peak Power, we’ve developed industry-leading partnerships to deploy capital for projects. Our customers get to share in the upside of energy savings and value creation without bearing the financial risk. Many of these projects are structured with shared savings agreements, creating a win-win-win relationship for all parties and generating significant energy cost savings for the facility that hosts these energy storage systems. If you want to learn more, [schedule a Free Virtual Site Assessment](https://peakpowerenergy.com/contact-peak-power-inc/) with one of our energy pros. **Categories:** Blog **Tags:** Energy Storage System, Financial Incentives, Financing and Development, Energy Management --- ### [Webinar Recap: Battery Energy Storage Operations and Control](https://peakpowerenergy.com/2023/08/29/webinar-recap-battery-energy-storage-operations-and-control/) **Published:** August 29, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** At Peak Power, we are passionate about deploying cutting-edge battery storage technology and driving the sustainable energy revolution. In this blog post, we summarize our [battery energy storage operations](https://peakpowerenergy.com/energy-storage-solutions/software-energy-storage-management/) webinar, exploring the operating and control methodologies that can help your business profitably pursue net zero. ## Understanding the Operation and Control of Battery Energy Storage Systems: [Battery energy storage systems](https://www.nationalgrid.com/stories/energy-explained/what-is-battery-storage) can be operated through two primary models: in-house operation and third-party management. In-house operation gives customers complete control and flexibility over batteries, enabling facilities to manage their savings and develop in-house expertise. However, this model requires specialized knowledge and adds an operational burden for facility managers. On the other hand, the third-party management model offered by companies like Peak Power eliminates the need for capital expenditure and labour costs, allows for revenue sharing, and provides scalability. While it may not offer the same level of direct control as in-house operation, it frees facility managers to focus on other critical tasks. So what does optimized battery control look like? The battery is connected to the electricity grid and is equipped with a sophisticated controller and software that manages the charging and discharging processes while considering regulatory and market factors. ## Operational Considerations for Different Facility Types Operational differences exist between manufacturing and office buildings regarding battery energy storage systems. Manufacturing sites often experience fluctuating and unpredictable energy demand due to production schedules, requiring careful planning for charging and discharging the batteries to avoid high electricity demand periods. This unpredictability necessitates advanced forecasting models and intelligent control mechanisms to optimize battery operation effectively. Conversely, office buildings typically have more predictable energy demand profiles, with standard overnight charging and daytime discharging. These operational variations require tailored strategies for optimizing battery operation in different facility types, ensuring maximum efficiency and value generation. For example, office buildings can effectively manage their energy consumption by optimizing the charging schedule to align with off-peak periods, promoting cost savings and a more sustainable operational model. ## Savings and Revenue Streams Battery energy storage systems offer various value stacks that facilities can take advantage of. 1. **Demand response programs** enable energy storage systems to respond to signals from utilities and grid operators by dispatching the battery during periods of high demand, reducing strain on the grid and earning revenue for their response. 2. **Coincident peaks** occur during periods of high electricity demand, and by avoiding these peaks through intelligent battery operation, customers can significantly reduce their energy costs. Peak shaving is the process of discharging the battery during these coincident peak demand periods, reducing the need to draw electricity from the grid, and avoiding high-demand charges. 3. **Energy arbitrage** involves purchasing electricity at low prices and effectively storing it in a battery system, capitalizing on price differentials, and utilizing the stored energy during high-price periods to generate profits. By actively participating in these value streams through optimized battery storage operations and controls, customers can benefit from substantial savings and even generate revenue. ## Considerations for Charging and Discharging Optimal charging and discharging strategies are essential for battery energy storage systems, both from a value-stacking perspective and to prevent premature battery degradation. Setting state-of-charge limits and implementing real-time load monitoring is crucial for optimizing battery operation while adhering to various constraints and adjusting strategies to maximize performance and cost-effectiveness. This strategic approach aligns with load shifting, where energy is stored during periods of lower demand and released during peak-demand hours. In conclusion, battery energy storage systems offer a transformative solution for achieving net zero goals, reducing operating expenses, and unlocking new revenue opportunities for commercial and industrial facilities. Peak Power’s comprehensive platform and expertise in deploying, operating, and optimizing battery storage systems empower customers and partners to navigate this evolving energy landscape effectively. Whether through in-house operation or third-party management, battery energy storage systems provide control, flexibility, and scalability. The ability to participate in various revenue streams enhances the economic viability of battery energy storage systems and ensures a positive return on investment for energy storage asset owners. We conducted an entire webinar discussing the operation and control aspects and battery energy storage systems. You can watch it on-demand here: **Categories:** Blog **Tags:** Energy Storage System, Battery Storage Operation, Battery Storage Software --- ### [What is an Energy Storage Shared Savings Agreement?](https://peakpowerenergy.com/2023/11/15/energy-storage-shared-savings-agreement/) **Published:** November 15, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** ## **Reaching Economic and Environmental Objectives with Energy Storage Shared Savings** In a landscape where energy markets are becoming more complex, and businesses grapple with balancing financial and environmental interests, [energy storage is becoming more attractive](https://troescorp.com/rise-of-energy-storage-as-a-service/) for industrial and manufacturing facilities where manual load curtailment is becoming ineffective and harming operations and output. For facilities like yours, the objective is clear: achieve reductions in energy costs without disruptions to daily operations or having to curtail production. And, do it while achieving emissions reduction goals. Energy storage is an attractive solution. But, installing and operating energy storage [behind-the-meter](https://peakpowerenergy.com/resources-battery-storage-operation/glossary-energy-terms-peak-shaving/) at a facility can be cost-prohibitive. Some systems can cost millions of dollars, and that kind of upfront capital expenditure is not viable. However, Energy Storage as a Service (ESaaS) is emerging as a top solution to tackle these challenges. And while there are many models for ESaaS, including fee-for-service, the most popular is Shared Savings. Shared savings models offer a promising avenue for commercial, industrial, and manufacturing facilities seeking to adopt [energy storage systems](https://peakpowerenergy.com/energy-storage-solutions/software-energy-storage-management/bess-energy-management-services/) without shouldering the burden of upfront capital expenses. Let’s explore the shared savings model that facility managers, energy managers, and CFOs are exploring today. ## **Energy Storage Shared Savings Operational Model** Under a shared savings model, facilities can now tap into the technology, capital, and expertise required to maintain profitability, reduce OPEX, and [pursue net zero goals](https://peakpowerenergy.com/about-net-zero-building/) using energy storage. The expansion of the Investment Tax Credit through the Inflation Reduction Act is widening Peak Power’s capabilities in offering Shared Savings to even more businesses looking to use energy storage to reduce energy costs, improve energy KPIs, and reduce scope 2 emissions. And what’s so great about Shared Savings for the customer? Well, as the ESaaS provider, we only make money when your facility is saving money. That’s because we share in the savings generated through the energy storage system. A company like Peak Power is financially incentivized to create win-win agreements so that we both realize financial benefits. Unlike the conventional approach of direct asset purchases by end customers, ESaaS offers flexibility in financial arrangements. Plus, by removing the financial burden associated with installing large commercial energy storage systems, the barriers to implementation for customers are significantly reduced, encouraging broader adoption of clean, distributed energy solutions and helping to make our grid more resilient for the future. ## **A Truly No-Cost Solution: Site Assessments and Feasibility Studies** While some ESaaS providers offer a no-cost energy storage system, at Peak Power we offer a fully no-cost solution. This includes conducting the virtual site assessment, the feasibility study, and the site visit at no cost to your business. In the first step in the process, the **Virtual Site Assessment**, our energy storage pros conduct a desktop analysis of your site, including a mapping review to determine the feasibility of an energy storage system. We overlay your site information with our proprietary technology to understand the investment tax credit zone in which your facility is located. And even if energy storage isn’t suitable for your facility, we provide you with actionable guidance to pursue your net zero and energy goals. Once we’ve determined that your site could be well-suited to realize economic and environmental benefits through energy storage, we move into a feasibility assessment. The feasibility assessment includes financial modelling and a review of the value streams we can use energy storage for, including: - Peak shaving - Energy Arbitrage - Demand Response - And much more We have a unique understanding of complex electricity markets to help you accurately predict the feasibility of a distributed energy project. It’s why we’ve successfully realized **millions of dollars in savings** for our clients. [Click here](https://peakpowerenergy.com/energy-storage-solutions/ders-development/feasibility-decarbonizing-buildings/) to learn more about how we conduct feasibility studies. ### **Case Study: GHP x Peak Power** This case study is a prime example of how it can work. Our [energy storage systems](https://peakpowerenergy.com/2023/08/09/financial-benefits-energy-storage-system-indutrial-facility/) were installed in four commercial buildings in Westchester, New York (we should also mention this was one of the state’s first Virtual Power Plant demonstration projects!) The project reduces Coincident Peak (CP) and Demand Charges (NCP) and participates in ConEd Demand Response (DR) programs. In this Shared Savings model, GHP and Peak Power split the utility bill savings and market revenues from the operation of the battery. GHP took on little to no risk while receiving energy cost savings, and Peak Power retains a portion of the savings and revenue in exchange for installing, maintaining, and operating the system. As of Q1 2023, GHP has realized $495,742 in energy cost savings to date. ## **Ownership and Financing Options** Now, let’s take a look at the nuts and bolts of how Peak Power’s [shared savings](https://peakpowerenergy.com/energy-storage-solutions/ders-development/financing-energy-storage/) operates. There are three options a customer could choose: third-party ownership, self-ownership, and leasing. ### **1. Third-Party Ownership** The third-party (Peak Power and/or our financiers) finances and owns the battery asset and places it on-site at a commercial, industrial, or manufacturing facility. There is no upfront cost or operational burden to the facility (the host site). The third party is responsible for operating, maintaining, and optimizing the distributed energy assets (storage or solar+storage) and receives a percentage of the energy savings and revenue generated. This is a long-term agreement, typically ten or more years allowing the third-party owner to recoup the investment and the host to reap the full financial and environmental benefits of these energy storage assets at scale. ### **2. Self-ownership:** This option would be a significant upfront cost (in the multi-millions), but the host would retain all the savings and revenue opportunities. In this case, the owner of the battery would need to pay for things like maintenance and would need software to intelligently operate the battery to maximize savings and revenue, and participate actively in energy markets. The investment would pay for itself over about ten years. However, many companies may not have available capital to purchase these systems upfront. There may also be operational challenges, as the host may not have in-house staff to operate, maintain, and optimize the battery energy storage systems. ### **3. Leasing:** This is similar to the third-party owner in that savings would still be shared, but it is for a shorter agreement term – usually less than ten years. The asset would, in most scenarios, be maintained and warrantied by the lessor. This option runs the risk of being less cost-effective and would still require the customer to pay for much of the engineering, procurement, and construction work. ## **Location Considerations for Energy Storage** The most favourable locations to install a battery energy storage system are states and provinces where market- and government-level programs and incentives allow battery storage to be compensated for services rendered. These state programs play a crucial role in enabling facilities to optimize savings and investments in energy storage. Additionally, locations with high-cost coincident peak demand charges would benefit most from an energy storage system due to the potential for peak shaving. We’ve found that some of the most favourable markets for energy storage are [Massachusetts](https://peakpowerenergy.com/massachusetts-energy-storage-incentives/), [California](https://peakpowerenergy.com/california-battery-storage-incentives/), [New York](https://peakpowerenergy.com/managing-nyiso-icap/), and [Ontario](https://peakpowerenergy.com/managing-global-adjustment/). ## **Building the Energy Future with Energy Storage Shared Savings Model** Energy storage shared savings is more than just a contractual structure; it’s a model that empowers facilities to participate in a 4D Energy Future – one that is Decentralized, Democratized, Digitalized, and Decarbonized. Shared savings models alleviate financial constraints, allowing sustainable energy solutions to be implemented at the velocity we need to achieve emissions reduction goals, all while improving operational efficiency and facility performance. At Peak Power, we have created partnerships with leading financiers to quickly deploy capital and get projects into the ground. Our success is tied to our customers’ achieving their financial and environmental goals. ## **Book Your No-Obligation Virtual Site Assessment** Our unique Shared Savings Model allows us to offer your facility a battery storage system at no cost. We operate, optimize, and maintain the battery to generate electricity savings and revenues that we both share in. Plus, we made a name for ourselves with some of the best-in-class peak demand forecasting. This ensures you receive the maximum financial benefits of a shared savings agreement. It’s a win-win. We only make money when your business is saving money. Get end-to-end implementation of Battery Energy Storage Systems – from development to operation to maintenance – with Peak Power. See if your facility is eligible. [Contact us to Book a Free Virtual Site Assessment today](https://peakpowerenergy.com/contact-peak-power-inc/). **Categories:** Blog **Tags:** Financing and Development, Battery Storage Project Development, Financing energy storage, Energy storage shared savings --- ### [4 Ways to Save on Global Adjustment in Ontario](https://peakpowerenergy.com/2021/06/23/4-ways-to-save-on-global-adjustment-in-ontario/) **Published:** June 23, 2021 **Author:** jonathan@peakpowerenergy.com **Content:** Global Adjustment (GA) fees can add up to 40-60% of a business’s electricity bill. The Ontario Government introduced the [Industrial Conservation Initiative (ICI)](https://www.ieso.ca/-/media/Files/IESO/Document-Library/global-adjustment/ICI-Backgrounder.ashx) to encourage large electricity users to shift their consumption. By consuming power during off-peak hours, businesses can reduce a large part of their energy bill. Here are some ways to save on Global Adjustment fees. ## **What is Global Adjustment?** All energy users in Ontario pay a Global Adjustment fee. It covers the cost of: - building new electricity infrastructure - maintaining existing resources - providing conservation and demand management programs Class A customers have an average monthly peak demand above 5 MW. Their GA charge is based on their load during peak demand. In fact, 5 hours of peak demand per year represents up to 60% of a Class A electricity bill. Under the ICI program, GA charges are measured by energy use during coincident peaks. Coincident peaks are the 5 hours of the year when the demand for electricity in Ontario is at its highest. The charges are calculated by looking at a business’ share of the province’s total energy use. #### Peak Power has predicted all GA events over the past three years with 95% accuracy. We provide our clients with advance notice so they can prepare their buildings. #### **Strategies to Save on Global Adjustment Fees** Most coincident peaks take place in the summer, when energy use is at its highest. At Peak, we call it GA Season. Here are some ways to cut usage ahead of coincident peak hours. ### **1. Adjust Global Temperature** Increase zone temperature setpoints for the entire facility. There are two ways to do this: 1. Absolute setpoint adjustment – increase all zone cooling setpoints to a common, higher value, like 24.5ºC 2. Relative setpoint adjustment – increase all zone cooling setpoints by the same amount, like 2ºC **Added benefits:** If occupants are comfortable with these levels, this can lead to savings all summer. **Risk:** To maintain occupant comfort, follow ASHRAE standards for the rate of temperature changes. **Time Period** 15 minutes 30 minutes 1 hour 2 hours 4 hours **Maximum Operative Temperature Change Allowed**1.1ºC 1.7ºC 2.2ºC 2.8ºC 3.3ºC ### **2. “Store” Cool Air When it’s Cheaper** Decrease temperature setpoints during off-peak hours to cool the building when costs are lower. When the curtailment window hits, increase temperature setpoints to prevent cooling operations from running. **Added benefits:** Buildings in milder climates can use free, night-time outdoor air for cooling. **Risk:** This strategy is only effective when facility managers know about peak demand in advance. Buildings need sufficient time to cool down. ### **3. Optimize Chilled Water Temperature Setpoints** Cooling load can be reduced by increasing the chilled water to an optimal temperature. **Added benefit:** Raising chilled water temperature increases efficiency of the chiller compressor. **Risk:** This strategy may not be applicable if setpoints are already optimized. Use your best judgement. ### **4. Switch Off Luminaires** Switch off fractions of or entire luminaires in empty zones. **Risks:** Ensure you are aware of zone occupancy. Otherwise, this may disrupt work. Do not use this strategy in high-security areas. ## Peak Power Can Help You Save Saving during Global Adjustment season requires your best judgement and knowledge of your building and your occupants. Peak Power can provide additional insights to help facility managers make effective changes. Learn more about how [Peak Insight](https://peakpowerenergy.com/views-peak-energy-blog/) can help you save on operating costs. **Categories:** Blog --- ### [Interview with Our IT Infrastructure and Security Analyst](https://peakpowerenergy.com/2024/07/18/interview-with-our-it-infrastructure-and-security-analyst/) **Published:** July 18, 2024 **Author:** jonathan@peakpowerenergy.com **Content:** *![kevin sauves](https://peakpowerenergy.com/wp-content/uploads/2024/06/kevin-sauves_sm-2-225x300.jpg)We sat down with Peak Power’s expert on all things IT & Security – Kevin Sauves. Kevin is a Certified Information Systems Security Professional (CISSP). Which means he possesses the knowledge and skills to effectively design, implement, and manage a best-in-class cybersecurity program. This is one of the most respected certifications in the cybersecurity field, recognized worldwide. We chatted about his journey in IT, the importance of curiosity, his perspective on security, the balance of both convenience and privacy, and tips on how we can all up our security game.* ### Tell us about your role with Peak Power and what you enjoy most. I’m an IT Infrastructure and Security Analyst with Peak Power. Broadly, that means that I help people fix problems. I love technology and understanding how a machine ‘talks to itself’ so to speak, along with the security aspect. When things aren’t working properly that’s where I’m most curious. My role is to act as the liaison between security and implementation and to be as secure as we can. ### What inspired you to pursue a career in IT and Security? It’s funny. I was 11 and I had just built my first computer. It went up in flames. It was very smoky, but when I went back to the computer store, they provided insight on the cause. It was an issue with a stick of Random Access Memory (RAM) that was not properly installed leading to the sparks. It’s the story of my life, assessing errors, and acting on errors to improve. I’ve always loved fixing things but the interest in security happened later. I had a great former manager that made me aware of the security world. When we completed our security certification with that organization, that’s when I knew that was where I wanted to go. ### The past few months you’ve been co-hosting Security Lunch & Learns for our internal team. What types of topics have been discussed, and from your perspective, why are these discussions so important? I’ve been co-hosting these Lunch & Learns with Mark Reale, and we didn’t expect that it would be this exciting. It all started when he and I were talking about how we can make it fun to talk about current technology (e.g. biometrics, encryptions) and ways we can both protect ourselves and make it interesting for others. Mark has always had a good perspective on this. The Lunch & Learns was intended to be a platform where we would chat about security, policies, and what’s going on within Peak Power. The forum started expanding and people brought their own topics. These days, we’re talking about policies we’re looking to implement as we work towards a better security posture. ![A photo of a cute, smiling corgi dog](https://peakpowerenergy.com/wp-content/uploads/2024/07/Image-from-iOS-300x225.jpg)A very important photo of Kevin’s corgi, Ahsoka### There’s been a high level of turnout to the Lunch & Learns, can you speak to the ways in which you’ve engaged the team around security and your perspective on the success of this initiative? The forum has been great; people love to go there and talk about what’s on their mind as it relates to security. Security for me is the intersection of convenience and privacy and how we can make it balance. You can’t have one without the other. Each organization is different but putting this on the radar for employees early on, implementing it as part of our policies from get-go, and tracking progress is important. That way employees can put in their two cents, and it brings awareness to us on areas we may not have yet thought of. In fact, some people from the company have formed an informal “Loophole Committee” where they try to find vulnerabilities in the policy. It started as a joke, but it’s actually become a fun way for people to be engaged with our new policies ### What are two quick ways we can all up our security game? 1. Know the tech you are going to implement. It is very easy for you to buy or install any tech, but if you don’t know what information they can get from you it can be a concern. You need to know where your information is going. Often if it’s free, it’s likely they want access to your information. 2. Password managers. Shoutout to [1Password](http://www.1password.com)! This is probably my favorite product ever. I use it professionally and personally. There are so many passwords we have that we often don’t recall. To offer both a secure solution and to store your passwords in one place where you know where it will be – it’s life changing! And knowing everything is secure… that’s big! ### For those looking to pursue a career in IT, what advice would you give? **Be good people.** I started my career while working for Apple which turned my eyes to IT and security. If you want a career in IT, you need the ‘je ne sais quoi’, that customer service mindset and friendliness. The human aspect of this is very important. Respecting others and coming to a problem with a curious mindset to understand why the problem is occurring is important. Be curious, be the subject leader on the tech you love, continue to build something on the side, and make mistakes! **Categories:** Blog **Tags:** Team --- ### [DEI Policy: Our Company Communications Guide](https://peakpowerenergy.com/2022/06/08/dei-policy-our-company-communications-guide/) **Published:** June 8, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** Firstly, we want to wish you a happy Pride Month. At Peak Power, we believe in recognizing Pride Month with concrete actions and DEI policy that support our mission to champion [diversity and inclusion](https://peakpowerenergy.com/cleantech-jobs/) in the energy and tech space. The truth is, we are a very diverse company, and that’s how we like it! Each and every day we are learning more about how to create a space that is safe and welcoming and how to make our team members feel even more seen and valued. With that in mind, our team recently developed a communications guide to distribute both internally and to our external vendors, guests, visitors, and those interacting with our team. We wanted to share that with you in the spirit of togetherness this Pride Month. #TogetherWeAreBetter ## Peak Power DEI Policy: Inclusive Communications Here’s a guide for how to work with us: - **Steer clear of heteronormative language.** Don’t assume people are straight, cisgender, or fit into stereotypical gender roles. Instead of using traditional binary pronouns, you can use plural gender-neutral pronouns like “they,” “them,” “their,” “theirs,” and “themselves.” Instead of assuming someone has a “wife/boyfriend”, you can ask about their “partner.” - **“Guys” does not include “everyone”.** Referring to everyone as “guys” assumes that the normal, default human being is male. Even if you were used to hearing it as a neutral term, [numerous studies](https://link.springer.com/article/10.1007/BF01068252) show that these words cause people specifically to think of males. - **Prioritize the person, not their identity.** Center someone’s personhood as the most important element of who they are, rather than aspects of their identity, like race, gender, or ability-level. For example “a person with a disability” instead of “a disabled person”. Ultimately, different groups have different preferences, and people within groups have different preferences. When in doubt, it’s best to ask. - **Avoid idioms, jargons, and acronyms.** Jargon and acronyms can exclude people who may not have your same level of knowledge about a subject and can make communication difficult. Many idioms don’t translate well from country to country, and some are rooted in negative connotations and stereotypes (“[hold down the fort](https://theinclusionsolution.me/words-and-phrases-that-sting-nation-of-immigrants-and-hold-down-the-fort/),” “call a spade a spade” are examples). - **Don’t trivialize mental disabilities**. Terms like “bipolar,” “OCD” and “ADD” are descriptors of real psychiatric conditions. For those who live with these diagnoses, it’s insulting when people who don’t experience the world this way throw them around. Also, avoid derogatory terms that stem from the context of mental health, for example, “crazy,” “mad,” “schizo,” or “psycho.” - **If you aren’t sure, ask**. Even if it feels a bit awkward, asking someone how they identify, how you should refer to them, and language to use or avoid with them goes a long way in making all of us feel included. ### ![Pride](https://peakpowerenergy.com/wp-content/uploads/2022/06/Untitled-design-1.png) ### Here are some easy swaps ##### More inclusive ##### Less inclusive **Folks, people, you all, y’all, teammates**Guys (or women) when referring to people overall**Women**Girls (when referring to adults)**Workforce, personnel, workers, team**When using gender-neutral terms, ensure that you are still recognizing that you’re speaking about a human being e.g., personnel vs. resources. **Chairperson, chair, moderator, discussion leader**Chairman, foreman**Spouses/partners**Wives, husbands, boyfriends, girlfriends**Parenting**Mothering, fathering**Typical**Normal *There’s bias inherent in using one group as a standard against which others are judged. Use of the word normal as a comparison group can stigmatize people who are different and imply that they are abnormal.***Marginalized groups or underrepresented groups**[Minorities](https://twitter.com/betterallies/status/869642678337536000)*Not all marginalized groups are minorities, and a broader term is generally inclusive of more than race and gender.*We recognize that no one is perfect. We’re all going to make mistakes sometimes, and that’s fine – just correct yourself and move on. The goal is progress, not perfection; we encourage you to learn and grow alongside us! **Categories:** Blog --- ### [Interview with Katherine Hamilton](https://peakpowerenergy.com/2024/06/03/interview-with-katherine-hamilton/) **Published:** June 3, 2024 **Author:** Shraddha Mishra **Content:** ![Interview](https://peakpowerenergy.com/wp-content/uploads/2024/05/shraddha_interview_katherine-hamilton_2-1024x250.png) *This interview was conducted by Shraddha Mishra, Peak Power’s VP, Legal Affairs. Shraddha held a one-on-one conversation with our new board member, Katherine Hamilton.* *Katherine Hamilton, Chair of 38 North Solutions and three-time honouree among Washington D.C.’s 500 Most Influential People, is a distinguished international policy expert and clean energy advocate. With executive roles in clean power and electrification, she has led World Economic Forum councils and served as President of the GridWise Alliance. Katherine, a graduate from Cornell and the Sorbonne, was recognized on the #Solar100 board. A recipient of the Cleanie Award, she continues to drive innovation in the energy sector.* --- #### Battery and storage solutions are a critical part of the clean energy economy. What novel and additional advancements in U.S. and Canadian policies can be developed to support these technologies further? What many people probably don’t know about me is that I have been working with storage technology since the late 1980s, for my entire career. In my first real job, at a utility, we were encouraging customers to install ice \[thermal\] storage to reduce demand because we couldn’t build out our feeder lines fast enough and these systems could mitigate demand on our grid. In 2009, the first energy storage investment tax credit was introduced in the U.S. Congress. That credit was introduced at a time when many of these technologies were still essentially science projects. Few of the projects were commercially ready at that time. After years of working on it, with the passage of the [Inflation Reduction Act](https://peakpowerenergy.com/2022/11/02/federal-tax-incentives-for-energy-storage-systems-ira-spotlight/) (IRA) in 2022, we finally got the investment tax credit for battery storage over the finish line. The 30% credit is for ten years, which is game-changing and provides the industry long term certainty. ![Katherine being interviewed by the Wall Street Journal and GlobalX ETF.](https://peakpowerenergy.com/wp-content/uploads/2024/05/wsj_KH_MR_filming_4-225x300.jpg)*Katherine being interviewed by the Wall Street Journal and GlobalX ETF.*Other adjacent credits help energy storage, solar, and other renewables. One of those is the [Microgrid Tax Credit](https://www.microgridknowledge.com/editors-choice/article/11427587/us-house-passes-microgrid-tax-credit-all-eyes-on-the-senate) that is in place now and which needs renewal given its expiration at the end of 2024. Another credit that I worked on in the IRA was the Interconnection Credit which drives down the cost of interconnection with the utility, often making the difference between a project pencilling out financially. A lot of funding is available for other programs in the U.S. The Infrastructure Investment and Jobs Act (IIJA) was passed just a few months before the IRA and appropriated billions of dollars for infrastructure of all kinds including smart grid and other grid technologies such as energy storage. There are energy storage grant programs at the U.S. Department of Energy. Continuing to deploy those dollars will help projects in the U.S., and potentially in Canada. Our electric systems interface, creating opportunities to cross-fertilize. As much as IRA supported clean energy of all types, one crucial policy that did not get into the IRA was the Transmission Investment Tax Credit. No matter where it is stored, we need to move power . While transmission is highly capital-intensive, it will be essential for accessing the benefits of energy storage and other clean resources. Another piece that fell out of the IRA was a Clean Energy Standard. This policy would require utilities to have a certain percentage of clean electricity on their system. While this policy did not make it into the IRA, it is modelled after a lot of state goals — the 28 states and District of Columbia that have a renewable portfolio standard and the eleven more with a clean energy standard. Whether or not we can address this at the federal level, those state initiatives are crucial in creating markets for clean energy, including energy storage. Wholesale markets which are governed by the Federal Energy Regulatory Commission (FERC) are another way in which distributed resources can provide services. Markets that compensate technologies for all of the benefits they provide to the grid would be momentous. These benefits could include reduced cost, resilience, and greenhouse gas reduction – potentially a whole host of different attributes and capabilities that facilities could offer to the grid. FERC Order 2222 in the U.S. was designed to allow distributed energy resources to participate fully in the wholesale market, although implementation remains a work in progress. [Virtual power plants](https://peakpowerenergy.com/2022/12/06/virtual-power-plants-vs-distributed-energy-resource-aggregation/), another piece of the picture, can be deployed at the state level. ### **Utilities have to be part of the equation in any VPP. The ecosystem should enable these aggregated resources to thrive without being seen as threats but rather as enhancements for utilities and the grid at large.** I think it is important to think about the next big thing as we consider the diversity of distributed energy resources. How can these resources be aggregated differently, with an exponential ability to provide services to the grid and customers? --- #### You wrote[ a piece for the World Economic Forum](https://www.weforum.org/agenda/2017/11/energy-transition-leave-no-worker-behind-skills-jobs/) noting that as the United States moves toward a new energy economy, fossil fuel industry workers (who faced the hardest impacts of dying industries) should not be left behind. You indicated these workers should be given opportunities in new markets and that they have jobs to go to. To what extent do those workers transfer to these growing and emerging industries and markets? A lot has happened in those six years. This is important to me; my family is from Virginia, including Appalachia where in some areas coal was the resource around which communities were organized. The industrial age was built on the shoulders of these workers, and we must honor them and give them credit for having that role. But what do we do when the resource is no longer needed or wanted because of its harm to our planet? There are some ways in which we can transfer workers immediately. Ninety percent of the workforce for geothermal development comes from the oil and gas industry because there is almost no retraining involved. ![serious engineer is working with technology during night shift in power station.](https://peakpowerenergy.com/wp-content/uploads/2024/05/iStock-1352464951-300x200.jpg) This is not true with batteries and other renewable resources; there are specific skills that will need to be built up. The good news is that, thanks to the IRA and IIJA, factories are starting to be sited in communities that need jobs and training. Many of these companies are looking for partners to build their workforce, whether those are community colleges, universities, or military bases. Crucially, however, we should not make the mistake of telling these communities what to do; they should be empowered to determine their own futures. Rather than announcing, “We are going to bring you a lot of solar jobs. Why don’t you become a solar installer?” we need people on the ground who are part of the community deciding, “What do we want our lives and those of our children to look like? What do we want our community to mean and to be?” That can look like clean energy or could be in culture or in agriculture; there are many roads that do not include fossil fuel dependence. Then we can ask ourselves how we can use the resources in the IRA and IIJA to support those pathways. There is a duality here. On one hand, companies are coming into communities to create jobs. On the other hand, communities are trying to chart their own course as to how they want to grow over generations. ### **Both paths can help bridge the divide deepening in the United States between those communities, the workforce, and how the energy transition is realized.** One of the companies I have invested in is a West Virginia solar company that has been intentional in creating a workforce in their own state. The leadership has focused on ensuring that people feel they are part of the process, even encouraging them to join unions to ensure they are not lost to competitors like the utility or other companies. This approach is providing fair wages to the employees while retaining that expertise in a company that directly impacts the local economy. --- #### Under the Inflation Reduction Act, developers building in underserved communities can benefit from up to 70% tax credit. To what extent are you seeing developers plan and develop projects in these communities, and do the policies influence the intended change? ![top view of a neighbourhood with solar panels](https://peakpowerenergy.com/wp-content/uploads/2024/05/iStock-1178297731-300x200.jpg)The Low-Income Bonus Credit Program is oversubscribed, especially for community solar. There is a 1.8-gigawatt cap on this new credit. Community solar in particular has benefitted from this credit and has a solid pipeline of projects that allow people without suitable rooftops, those who do not own their homes, and those in multifamily homes to access clean energy. Where projects are sited also impacts the amount of credits available. Locations in “energy communities” – those that are in coal mining or coal plant areas — receive additional credits, encouraging projects in communities that have not been organized around clean energy but whose economic growth could now benefit from those projects. --- #### What influenced you to join Peak Power’s Board of directors? We are so glad to have you, and we want to hear a bit about your motivations and interests. I am so honored to be on the board! First, I am very mission- and cause-driven and have been that way for my entire career. While my own company is a for-profit business, we only work with companies and entrepreneurs that are clean energy or climate focused. From the start we found that we could be mission-based and still do well financially. I have come to appreciate that it makes good economic sense to work on climate solutions. This is one way that I gauge a company’s value. ### **Peak Power is mission-driven, a company with the same philosophy as mine.** The second question I asked myself was about the soundness of the company. I had heard about Peak Power, of course, but wanted third-party confirmation. Jigar Shah \[Director of the Department of Energy Loan Programs Office, Washington, D.C.\], among others, provided further validation. Meeting everyone from Peak Power and spending time with Derek Lim Soo (CEO of Peak Power) really hooked me. I realized that being part of the company I could have a stake in Peak Power’s success and wanted to support that goal. I have not said yes to a lot of requests to be on boards, but I felt confident and proud to say yes to Peak Power. --- #### You have been named one of Washington, D.C.’s 500 most influential people; you are connected to decision-makers around the globe. You hold degrees from Cornell University and the Sorbonne. You have influenced policy and changed it on national and international levels. As you look ahead, what would you like your impact to be on clean energy and Peak Power? ![Peak power](https://peakpowerenergy.com/wp-content/uploads/2024/05/iStock-145068610-300x199.jpg)Ironically, my work in energy policy has only been half my career. The first half was spent doing far more technical work, like designing grids at a utility. I spent seven years at the National Renewable Energy Lab (NREL) designing energy audit and water efficiency programs for the federal government. Going into these jobs I had no technical skills — I was an English major with another degree in French! I ended up taking night classes in engineering at a community college and then working to become a Certified Energy Manager so that I could have credentials to show. I have never been daunted by having to learn something new. While I was at NREL, a colleague approached me about moving over to work on policy for the lab. I had no understanding of what policy even was but decided that it sounded interesting and I could perhaps learn another skill. It turns out that this was something I really enjoyed – translating technical concepts into a language people can understand. I have testified before the U.S. Congress many times because I can speak about complex energy topics in a way that often nontechnical policymakers can grasp. My approach has always been to first understand the technical aspects and business models of my clients. Only then am I able to chart a concrete policy course of action that will help them meet their technical and business goals. With Peak Power, I am not developing policy solutions but am in an advisory role as a board member. I will be working to leverage the experience and knowledge that I have gained over the years as the company – and its amazing team – continues to grow and positively impact the planet for years to come. I look forward to being a cheerleader in this endeavour and doing whatever I can to assist! **Categories:** Blog **Tags:** Energy Policy, board of directors, Inflation Reduction Act --- ### [Webinar Recap: Financing Strategies for Battery Energy Storage Projects](https://peakpowerenergy.com/2024/04/01/webinar-recap-financing-strategies-for-battery-energy-storage-projects/) **Published:** April 1, 2024 **Author:** jonathan@peakpowerenergy.com **Content:** Peak Power’s Director of Business Development Archie Adams and CFO Farid Madhani hosted a webinar geared toward those involved in the implementation of battery energy storage projects at industrial facilities. The economics of these projects rely on a strong financing strategy that incorporate how the project is funded and operated. We covered potential cost savings, financing options, and the factors that make an ideal site. In this article, we’ll cover some of the main points we covered in the webinar. [Or, you can skip right to the full recording below](#recording). ## Battery Energy Storage System Cost Savings The main benefit of a battery energy storage system (BESS) is reduced costs. Three common types are: 1. **Coincident Peak (CP) Charges:** Different regions have different names for this charge. In Ontario, it is Global Adjustment, and in Massachusetts and New York, it is ICAP. These savings are based on the highest demand period of an entire independent system operator (ISO) region. 2. **Non-Coincident Peak (NCP) Charges:** Savings generated on this area of the bill are known as “demand savings.” These are based on a facility’s highest demand hour in every month. 3. **Off-bill Savings:** These cost savings can include things like Energy Arbitrage, Wholesale Market Participation, and Demand Response. Demand Response incentivizes curtailment during periods of increased system-wide demand (grid resiliency). However, curtailment has a limit and can be manual and labor-intensive for facilities. ### This is what operation can look like for a facility: **Service** **Description****Potential Value****Type**Demand ResponseCustomers curtail electricity demand during system peaks. Used to support utility and ISO grid resiliencyHighOff-BillDemand ManagementCurtailing building load to reduce monthly demand charges (Non-Coincident Peak)MediumOn-BillLoad Shifting & Peak ShavingForecasting and dispatching with energy storage to curtail load during coincident and non-coincident peak eventsHighOn-BillEnergy ArbitrageCharging energy storage systems when electricity price is low and discharging when price is highLowOff-BillReserve MarketsSupply spinning, non-spinning reservesMediumMarketIn addition, there are market-by-market programs and incentives, which you can [read more about here](https://peakpowerenergy.com/resources-battery-storage-operation/incentives-programs/). ## Project Development Costs A typical battery for C&I projects starts at 1,000 kW (2,000 – 4,000 kWh) and above with a 2-4-hour duration. Costs range between $500-650/kWh. For example: a 1,000 kW/2,000 kWh battery would cost between $900,000 – $1,300,000. ### Costs include: - Battery Technology (Lithium-ion) - Inverter and Power Electronics - System Design and Engineering - Installation and Construction - Permitting and Regulatory Compliance - Integration with Existing Infrastructure - Operation and Maintenance (O&M) ## Ownership Structures There are two main ways to cover these costs: Self-ownership and third-party ownership. ### Self-Ownership The Facility Owner purchases a battery themselves. They would still need a Battery Operator to get the most return out of the project. The Facility Owner is responsible for all costs. [![ownership-structures_Self-ownership-wide](https://peakpowerenergy.com/wp-content/uploads/2024/04/ownership-structures_Self-ownership-wide.svg)](https://peakpowerenergy.com/wp-content/uploads/2024/04/ownership-structures_Self-ownership-wide.svg) ### Third-Party Ownership The Facility owner gives right to develop over to a Financier. In return, the Financier keeps a majority of the revenue and savings but shares it with the customer. A Battery Operator manages the charge and discharge of the battery in this situation as well. ![ownership-structures_Self-ownership-wide](https://peakpowerenergy.com/wp-content/uploads/2024/04/ownership-structures_third-party-wide.svg) **Third-Party Ownership****Self-Ownership**CostsCapital and operating costs funded by financier and operatorCapital and operating costs funded by host siteSavings and RevenueShared between host site, financier, and operatorHost site captures all savings and revenueExpertise Required- Choosing and negotiating contracts - Evaluating service quality - Managing ongoing relationships - Project development - Operating for energy market participation and value stacking - Battery maintenance Project Flexibility- Termination fees to end the contract - Cannot change energy load/scope that might impact economics More control of timing and terms of project ## Ideal Project Conditions for BESS Not every site is eligible for cost savings from a battery energy storage system. These are some basic factors that make an ideal site: **Energy Demand:** This is the capacity to adjust the amount and timing of electricity drawn from the grid. An eligible site will have a minimum load of > 1 MW, which have monthly bills above $50K. **Ownership:** A typical battery life is 20 years. Under self-ownership, the payback period can be 8 years, and third-party contracts last at least 15 years. Facilities that are owned, rather than leased, have a better capacity for a long-term projects. **Metering:** Due to the need for a large amount of electricity to be controlled at once, all electricity use must be behind a single meter. A BESS is not ideal for multi-tenant spaces, except in the case of Virtual Net Metering in California. **Siting:** Location outside of dense urban areas allows for placement of the battery due to size and safety considerations. **Ideal sites can generate $40k to $80k in electricity savings per year per MW installed energy storage with zero capital cost financed through a shared savings agreement.** Peak Power manages the financing, development, and operation of the system and makes money based on a split of the savings generated for the facility. We are incentivized over the entire life of the contract to maximize savings using the energy storage system – we only make money when you are saving money. [Contact us to see whether your facility qualifies for a no-cost energy storage system.](https://peakpowerenergy.com/contact-peak-power-inc/) ## Battery Energy Storage System Programs and Incentives Federal, state, and local governments’ incentivization is essential for making the transition to a sustainable, clean, and reliable decentralized energy system. And the good news is that as more states work towards meeting the 2050 clean energy goals, more and more incentives are becoming available for commercial and industrial players. ### **Two major federal incentives are:** 1. **Investment Tax Credit (ITC)** - Storage projects must be capable of receiving, storing, and delivering electricity and must have a minimum capacity of 5 kWh. - The tax credit has been restored to its full 30% value for solar, storage, and solar+storage projects beginning construction before January 1, 2025. 2. **Modified Accelerated Cost Recovery System (MACRS)** - Battery only: Eligible for a 7-year depreciation schedule, equivalent to a 20% reduction in capital costs - Battery + renewable: Eligible for the 5-year depreciation schedule IF the battery is charged by a renewable energy system 75% of the time on an annual basis. This is equivalent to an approximate 21% reduction in capital costs. The ideal markets for battery energy storage systems are those with incentive programs and high demand charges. These markets include – but are not limited to – Ontario, Massachusetts, New York, Connecticut, California, Illinois, and New Jersey. [For an in-depth look at incentives, see our guides to California, New York, and Massachusetts.](https://peakpowerenergy.com/resources-battery-storage-operation/incentives-programs/) These are just some of the items covered in the webinar. View the full recording for a more in-depth discussion, including the Q&A with our CFO Farid Madhani and Director of Business Development Archie Adams. ## View the Full Recording **Categories:** Blog **Tags:** battery energy storage system, financing strategies, webinar --- ### [Katherine Hamilton Joins Peak Power Board, Bringing Extensive Clean Energy Expertise](https://peakpowerenergy.com/2024/02/13/katherine-hamilton-joins-peak-power-board-bringing-extensive-clean-energy-expertise/) **Published:** February 13, 2024 **Author:** jonathan@peakpowerenergy.com **Content:** ![Katherine Hamilton](https://peakpowerenergy.com/wp-content/uploads/2024/02/katherine-hamilton_web.jpg)\[Toronto, ON – February 13, 2024\] — Peak Power, a leading cleantech company pioneering the energy transition, is thrilled to announce the appointment of Katherine Hamilton to its Board of Directors. With an illustrious career as an international policy expert and recognized as one of the 500 most influential people in Washington, DC, Katherine’s wealth of experience will bolster Peak Power’s mission of revolutionizing the energy sector. Katherine Hamilton currently serves as the Chair of 38 North Solutions with an expertise in clean power and climate technology and policy. Her career highlights include being a long-time host of The Energy Gang podcast, a regular contributor to The Carbon Copy podcast, and leadership roles in numerous World Economic Forum councils. Additionally, Katherine is Vice Chair of the board of Greentown Labs and a Non-Executive Director at Smarter Grid Solutions. “We are excited to welcome Katherine Hamilton to Peak Power. Her extensive knowledge and leadership in policy and the regulatory landscape in the US will be invaluable as we continue to expand our presence there,” said Derek Lim Soo, CEO of Peak Power. Peak Power uses distributed energy resources like [battery energy storage](https://peakpowerenergy.com/energy-storage-solutions/ders-development/) and [innovative software solutions](https://peakpowerenergy.com/energy-storage-solutions/software-energy-storage-management/) to transform the energy sector by lowering energy costs, reducing GHG emissions, and increasing grid resilience. Katherine Hamilton’s appointment to the Peak Power board aligns with Innovation, Science and Development Canada’s [50-30 Challenge](https://ised-isde.canada.ca/site/ised/en/50-30-challenge-your-diversity-advantage), promoting gender parity in leadership teams and boards within Canadian companies. Peak Power is proud to contribute to this initiative and believes that diversity in leadership positions is essential for driving innovation and success in the clean energy sector. **For media inquiries, please contact:** Elaine Kwok 1-647-812-3537 ## **About Peak Power** Peak Power is a cleantech company operating in Ontario, New York, New England, and California. Peak Power offers a full end-to-end solution to commercial and industrial customers to reduce energy costs and pursue net zero goals. Along with financing and development partners, they deploy, operate, optimize, and maintain battery energy storage systems. Their flagship software, Peak Synergy, provides energy management solutions to asset owners. Peak Power has ~175 MWh of battery and electric vehicle capacity under contract or committed. In 2023, Peak Power raised [$35 Million USD in a Series A investment round](https://betakit.com/energy-management-startup-peak-power-raises-47-million-cad-to-expand-across-us/) led by Greenbacker Capital Management LLC, to accelerate the deployment of energy storage and software solutions into the US. Prior investors include Osmington Inc., BDC Capital, Export Development Canada, Hatch, Sensata Technologies, and The Atmospheric Fund. Website: [https://www.peakpowerenergy.com](https://peakpowerenergy.com) LinkedIn: Twitter: [https://twitter.com/peakpower\_inc](https://twitter.com/peakpower_inc) **Categories:** Blog **Tags:** board of directors, DEI, company announcement --- ### [Peak Power Inc. Closes Latest Funding Round with Investment from TAF](https://peakpowerenergy.com/2021/02/23/peak-power-inc-closes-latest-funding-round-with-investment-from-taf/) **Published:** February 23, 2021 **Author:** jonathan@peakpowerenergy.com **Content:** **Toronto, ON.** Toronto-based Peak Power (Peak) today announced that it has closed funding from The Atmospheric Fund (TAF), representing the fifth investor in Peak’s capital funding round. TAF will join Sensata Technologies, Export Development Canada (EDC), BDC Capital, and Hatch/Canadian Shield as a strategic investor in Peak. TAF brings to the round their focus on carbon emissions reduction, as they have a mandate to advance local solutions to climate change through high impact investments. Their contribution aligns with Peak’s commitment to decarbonize energy, the built environment, and mobility through enabling intelligent energy in smart cities. Peak’s smart buildings platform, Peak Insight™, which helps clients reduce their emissions and generate revenue through electricity markets, is already deployed in over 15 million square feet of commercial and industrial real-estate in Ontario, New York, and California. “Our objectives as an impact investor are to make risk-adjusted returns, create carbon reduction, and mobilize capital into climate solutions,” said Tim Stoate, Vice President, Impact Investing at TAF. “Peak Power touches on all of our priorities, particularly because their system enables carbon reduction in both the building and transportation sectors, the highest emitting sources of carbon in our urban region. We’re confident this solution has potential to scale across Canada and beyond, creating an ideal opportunity for investors looking to make a positive impact.” “TAF backing Peak is a major point of validation for us, proving that we are on the right track to helping our clients achieve their net zero goals. Their support completes an incredible roster of strategic partners and investors that will help us scale Canadian Cleantech across North America and globally”, said Derek Lim Soo, CEO and Co-Founder of Peak Power. Imran Noorani, VP of Strategy and Corporate Development further remarked, “We have an agenda to ‘put the environment on the balance sheet’, and the investment from TAF will help us strengthen our position in the market to accomplish this.” ## About Peak Power Founded in 2015, Peak Power ([www.peakpowerenergy.com](https://peakpowerenergy.com/)) develops AI-powered software to create intelligent energy systems in smart cities. It optimizes the use of synthetic, stationary, and electric vehicle batteries through its offerings: Peak Insight™, Peak Synergy™, and Peak Drive™. Peak Power’s solutions reduce the environmental footprint of their clients while creating revenue streams through the power grid. ## About The Atmospheric Fund The Atmospheric Fund ([www.TAF.ca](https://taf.ca/)) is a regional climate agency that invests in low-carbon solutions for the Greater Toronto and Hamilton Area and helps scale them up for broad implementation. Supported by endowment funds, TAF advances the most promising concepts by investing, providing grants, influencing policies and running demonstration programs. TAF is particularly focused on ideas that offer benefits in addition to carbon reduction such as improving people’s health, creating local jobs, boosting urban resiliency, and contributing to a fair society. **Categories:** Blog --- ### [Peak Shaving or Load Shifting: What Every Industrial Facility Needs to Know](https://peakpowerenergy.com/2024/07/17/peak-shaving-or-load-shifting-heres-what-every-industrial-facility-needs-to-know/) **Published:** July 17, 2024 **Author:** jonathan@peakpowerenergy.com **Content:** Few things impact an industrial facility’s utility bill more than peak loads. These are periods of high energy usage, usually in the evening or during weather extremes when the grid is strained and renewables aren’t available. To meet this demand and avoid blackouts or brownouts, utilities are often forced to rely on fossil fuel peaker plants, causing electricity rates to soar. For industrial facilities, this becomes especially problematic when the bulk of their energy usage is during peak load periods, resulting in costly [demand charges](https://www.nrel.gov/docs/fy17osti/69016.pdf). But how can industrial facilities avoid these costs while still powering their mission-critical operations? There are two options: peak shaving and load shifting. While both energy management approaches reduce stress on the grid, they differ in their timing, approach, and objectives. ## Peak Shaving Explained Peak shaving is about reducing energy consumption during [peak demand](https://www.iea.org/data-and-statistics/charts/peak-electricity-demand-in-buildings-in-selected-regions-and-countries-and-contributions-by-end-use-2022-2050). As its name suggests, it involves ‘shaving’ energy peaks. At peak demand, another energy source besides the grid will be used. Often, this is a demand-side battery that stores energy during off-peak times when renewables are abundant to be discharged at peak times. ![A line graph showing typical energy usage of a building. The line peaks in the afternoon, and there is a chunk of this taken up by a battery and alternative sources. The rest of the energy is provided from the grid.](https://peakpowerenergy.com/wp-content/uploads/2024/07/graphs_Peak-shaving-battery-1024x576.png)*Peak shaving with a battery or alternative energy source*![A line graph showing typical energy usage where the spike occurs in the afternoon. The graph also shows the adjusted usage where the energy is the same, except during the afternoon where the peak is lower.](https://peakpowerenergy.com/wp-content/uploads/2024/07/graphs_peak-shaving-no-bat-1-1024x585.png)*Peak shaving through curtailment*Batteries add reliance and stability to the grid. They’re also an essential resource for reducing an industrial facility’s energy bills as they avoid reliance on the grid at peak times when energy is the most expensive. Demand-side battery energy storage systems can also be bidirectional, meaning they can discharge to the grid, helping further balance the grid while adding an additional revenue stream to industrial facilities. #### Bidirectional Charging In Action In 2019, we activated a [1 MW/ 4 MWh demand-side battery system](https://peakpowerenergy.com/project/kearny-mesa-battery-storage/) on the premises of a manufacturing site in Kearny Mesa, San Diego. The battery is used for time-of-use rate shifting, demand charge reduction, and demand response. In addition to the site being equipped with a CAISO and RIG, the energy system can be managed and optimized with Peak Power’s software, Peak Synergy, turning it into a flexible grid resource. This project has delivered approximately $554,000 in savings since it came online in 2019. ### Peak shaving can be achieved with different technologies: - **Battery energy storage systems:** Solve for the intermittency of renewables, storing energy when renewables are abundant to be discharged at peak times - **On-site generation:** This includes solar and wind turbines, which produce energy that can be used during peak demand. Works best when combined with energy storage - **Curtailment:** Where a facility intentionally limits or reduces its power consumption by powering down non-essential machinery and operations. - **Energy efficiency:** Energy efficiency can help a facility reduce energy usage at peak times. In Toronto, for example, various energy efficiency measures, like adjusting a facility’s global temperature and optimizing chiller temperature setpoints, can save on [Global Adjustment fees](https://peakpowerenergy.com/2021/06/23/4-ways-to-save-on-global-adjustment-in-ontario/). **Example of Peak Shaving in Action****Location**Ontario, Toronto**Activation**July 2022**Capacity**500 kW / 1,000 kWh**Overview**John’s facility has high energy demand during peak hours, especially in the summer. To reduce demand charges associated with this energy usage, the facility invested in a 500 kW / 1,000 kWh BESS.**Total Monthly Savings****Non-coincident charges (without BESS):** $39,062.52 **Non-coincident peak savings:** $4,890.76**Using peak shaving, there was a savings of just over 12% on a single bill.** These are based on a facility’s load and usage. A battery is used to shave off these charges. ## Load Shifting Explained Load shifting is similar to peak shaving in that it aims to alleviate stress on the grid during peak times. But it works differently. With load shifting, energy consumption is shifted from peak hours to off-peak hours when demand is the lowest. This balances the grid by shifting demand to off-peak times. Load shifting is all about redistributing energy consumption. ![A line graph showing the typical energy usage with a peak in the afternoon. There is a second line showing adjusted usage which has higher usage in the night and evening and a lower usage in the afternoon.](https://peakpowerenergy.com/wp-content/uploads/2024/07/graphs_load-shifting-1024x585.png) A good example is an industrial facility that could schedule its machines to operate during the middle of the day when there’s less demand on the grid. Of course, this would only work if the machines aren’t mission-critical and can be operated at another time. And that’s one of the biggest drawbacks of load shifting. Load shifting is all about when you use energy. In other words, when you use energy is just as important as how much you use it. That means that load shifting doesn’t actually reduce energy usage. It simply changes *when* you use energy. ### There are several technologies for load shifting: - **Battery energy storage systems:** In industrial facilities, energy storage systems can store energy at low cost during off-peak hours and discharge at high-cost peak hours. - **Load shifting without energy storage:** A facility’s operation schedules for everything from thermostats to HVAC and equipment can be adjusted to suit different load-shifting models, moving energy-intensive activities to off-peak hours. **Example of Load Shifting in Action****Location**Ontario, Toronto**Activation**July 2022**Capacity**500 kW / 1,000 kWh**Overview**John’s facility has high energy demand during peak hours, especially in the summer. To reduce demand charges associated with this energy usage, the facility invested in a 500 kW / 1,000 kWh BESS.**Total Monthly Savings****Coincident peak charges (without BESS):** $87,028.26 **Coincident peak savings:** $7,889.66**Using load shifting, there was a savings of just over 9% on this bill.** The facility’s energy consumption is shifted in response to demand on the grid. ## Peak Shaving Vs. Load Shifting: Which is Right For You? While both peak shaving and load shifting enhance [demand-side flexibility](https://www.nrel.gov/docs/fy21osti/78196.pdf), peak shaving manages peak loads while load shifting optimizes energy usage based on price or grid conditions. Another important difference is that peak shaving reduces the overall energy being consumed from the grid, while load shifting doesn’t reduce overall grid consumption. What does this mean for your facility? For many industrial facilities, peak shaving is the best option as this reduces their heavy demand charges and energy usage without affecting the facility’s operations. This is key. Generally, facilities have inflexible loads that can’t be shifted to low peak hours. For example, there might be an HVAC system that’s crucial to the facility’s operations or a machine that needs to run continuously. In this case, it’s impossible to [load shift](https://www.nrel.gov/docs/fy24osti/89341.pdf). The combination of renewables, such as solar power and demand-side energy storage, further enhances the appeal of peak shaving for industrial facilities. In this case, batteries store the renewable energy generated during the day, which can be utilized during peak times when the grid is under strain. Apart from the financial benefits and energy security, peak shaving also contributes to a facility’s sustainability efforts by reducing its carbon footprint and Scope 2 emissions. This comprehensive approach not only slashes energy bills but also is an essential part of the transition to a cleaner tomorrow. ## Final Thoughts Peak shaving and load shifting are a departure from how C&I buildings and industrial facilities have traditionally consumed energy. While different, both play important roles in the energy mix. Navigating the world of energy management can be overwhelming, but it doesn’t have to be. We’re here to help you build a peak shaving strategy that suits your facility. Book a call with us to learn more about our solar and no-cost energy storage solutions. **Categories:** Blog **Tags:** Peak shaving, load shifting, peak shaving battery storage, peak shaving vs load shifting --- ### [Coincident Peak and Energy Planning: Top KPIs and Tech](https://peakpowerenergy.com/2024/01/26/coincident-peak-energy-planning-kpis/) **Published:** January 26, 2024 **Author:** jonathan@peakpowerenergy.com **Content:** Amid evolving climate goals, aging grid infrastructure, and rising energy costs, manufacturers must be more meticulous and intentional than ever regarding their energy consumption. Energy managers must implement sustainability initiatives to reach net zero, and these initiatives must be financially viable. Plus, many are grappling with increasing costs on their energy bills from things like [Coincident Peak](https://peakpowerenergy.com/resources-battery-storage-operation/glossary-energy-terms-peak-shaving/) charges. **There is an opportunity to do both. By strategically using energy storage and distributed energy resources, manufacturing facilities can profitably pursue net zero.** In a fast-changing landscape, energy managers and engineers have new opportunities to manage energy usage to achieve cost-saving and emission-reduction objectives. While most facilities track traditional manufacturing KPIs — including overall energy cost (ECI) and consumption — other key metrics can unlock innovative ways to improve energy productivity. Read on to learn three of the most important manufacturing KPIs for energy management and how to use them to save costs, boost energy productivity, and reduce emissions. ## KPIs for energy management Manufacturers should measure multiple key performance indicators to gauge factors such as production output, resource utilization, and cost efficiency. In energy management, this extends to evaluating how efficiently power is consumed, identifying areas for improvement, and ensuring sustainability. Great KPIs become more than performance metrics; they are strategic tools for optimizing energy consumption. ## Load Factor & Coincident Peak Charges [Load factor](https://en.wikipedia.org/wiki/Load_factor_(electrical)) compares a facility’s average demand (load) to the maximum demand (peak load) over a defined period of time. It can be a measure of a facility’s energy efficiency. The maximum demand, or peak load, is the highest energy usage over the period. As is the case for most buildings, manufacturing facility energy peaks typically happen during weather events: during extreme heat (and extreme cold) events in the early evening – this is when HVAC is running at full tilt and the sun goes down. Expressed as a percentage, a high load factor (close to 100%) indicates more levelized and consistent energy use without large fluctuations. A low load factor, say 30%, indicates large “peaks” in electricity use. ![Load Factor Graph comparing high load factor and low load factor](https://peakpowerenergy.com/wp-content/uploads/2024/01/image-300x116.png) And the “peakier” your load, the higher your energy costs. This is because the electricity system is designed to meet the maximum demand at any given time. To service that peak, the utility must have idle capacity, which imposes higher costs on the grid and the whole system. Facilities see those “demand charges” as either Coincident Peak or Non-Coincident Peak charges on their bills. These demand charges are also the two primary methods of generating savings on your energy bill, regardless of your utility and region. Here’s what each means: ● **Coincident Peak (CP)** Charges: Different regions have different names for this charge. In Ontario, it is Global Adjustment, and in Massachusetts and New York, it is ICAP. These savings are based on the highest demand period of an entire ISO region. ● **Non-Coincident Peak (NCP)** Charges: The savings generated on this area of the bill are known as “demand savings.” These savings are based on a facility’s highest demand hour over a specified time period. Sometimes, these events can overlap; for example, you could have one hour in the summer for both the NCP and CP. Discharging battery energy storage (BESS) for either (or both) of these value streams can generate the most significant savings for customers. To ensure the grid can handle peak demand, [ISOs](https://peakpowerenergy.com/resources-battery-storage-operation/glossary-energy-terms-peak-shaving/) pass on “demand charges” to customers. The more you contribute to peak demand, the more you’ll have to pay. #### Load factor formula: ![The load factor formula is the average load for the defined time period divided by the maximum load for the defined period. Multiply the result by 100.](https://peakpowerenergy.com/wp-content/uploads/2024/01/Screenshot-2024-05-22-at-10.02.13 AM-300x54.png) Manufacturing facilities can improve load factor with two methods:: - **Load shifting.** This is a longer-term operational strategy that shifts load to lower demand periods of the day (resulting in lower costs of electricity). For some businesses, this could mean an operational decision to run a night shift. Load shifting is a more stable, long-term operational decision. - **Peak shaving.** Peak shaving is a shorter-term strategy that quickly reduces a building’s load to avoid spikes in overall grid demand to save on CP or NCP charges. To get full benefit of peak shaving, without having to manually curtail load with shutdowns, facilities should use energy storage. To enhance the positive impact of a peak shaving strategy, it is imperative to have optimal Peak demand forecasting, a core competency at Peak Power. ## Energy Cost Per Unit Along with overall energy consumption and costs, companies looking to become leaner and more energy efficient should also measure energy costs per unit. This metric compares the total energy costs over a specific time frame with how many units were manufactured in that time. The lower the energy cost per unit, the more efficiently a manufacturing facility is running. #### Energy cost per unit formula: Total energy cost / Number of units produced Energy managers might look to decrease the energy cost per unit by: - **Lowering Energy Costs with Energy Storage:** Using the same methodology mentioned above, you can lower your overall energy costs with optimized energy storage. - **Solar + Storage:** Solar is one of the cheapest forms of energy production. Incorporating solar + storage solutions behind the meter can supplement supply and significantly reduce energy cost per unit. Plus, with the availability of incentives available, facilities can significantly reduce the costs of installing solar. And with Peak Power, we offer a no-cost energy storage solution via a shared savings agreement. ## Energy Intensity Energy intensity measures the amount of energy consumed per unit. That per unit measure could be per square foot or per widget. The goal of monitoring energy intensity is to assess a facility’s energy efficiency and compare this to industry benchmarks or internal targets. This metric can also help identify inefficiencies, optimize processes, and reduce environmental impact. Energy intensity is typically expressed as kilowatt-hours (kWh) of energy consumed per unit. #### Energy intensity formula: Total energy consumed / number of units As a manufacturer, you’re aiming for low energy intensity — The minimum energy possible per unit. A significant secondary benefit in improving energy intensity is that you save money, reduce reliance on the grid, and avoid Scope 2 emissions. By lowering your energy intensity, you are also lowering the GHG intensity of your facility. ## Solutions for manufacturing energy management challenges So where should energy managers and engineers focus their efforts to improve these manufacturing KPIs most effectively? Load shifting can certainly save energy costs more consistently. This is particularly impactful in places like California that employ [time-of-use (TOU) pricing](https://www.cpuc.ca.gov/industries-and-topics/electrical-energy/electric-rates/time-of-use-rulemaking-r-15-12-012). But, the most impactful way to reduce costs and emissions is through Energy Storage and Distributed Energy Resources like rooftop or on-site solar. This allows energy managers to reduce costs and reduce Scope 2 emissions without altering manufacturing output. Energy storage helps companies implement long-term solutions to pursue climate goals and save energy costs. At Peak Power, our end-to-end and no-cost [storage solutions](https://peakpowerenergy.com/energy-storage-solutions/) are key to getting more batteries and renewable energy resources in the ground so we can achieve our societal climate and energy transition goals. [Book a call with us](https://peakpowerenergy.com/contact-peak-power-inc/) to learn more about our solar and no-cost energy storage solutions. **Categories:** Blog **Tags:** Energy Management, Peak shaving, Peak demand, Coincident peak --- ### [A Guide to Supporting Ramadan Observers in the Workplace](https://peakpowerenergy.com/2024/03/11/a-guide-to-supporting-ramadan-observers-in-the-workplace/) **Published:** March 11, 2024 **Author:** jonathan@peakpowerenergy.com **Content:** Ramadan is here, and Peak Power’s JEDI Committee is here to help! We’ve prepared some information and guidance to ensure that our observing team members are supported and respected during this important time. ### What is Ramadan? Ramadan, in Islam, is the ninth month of the Muslim calendar and the holy month of fasting. ### What do Muslims do during Ramadan? Ramadan is a time for Muslims across the world to practice self-restraint. It’s more broadly interpreted as the obligation to refrain between dawn and dusk from food, drink, sexual activity, and all forms of immoral behaviour, including impure or unkind thoughts. Muslims also reflect on their blessings and build resilience and empathy – to get closer to Allah (One of the 99 names for “God” in Islam). Many Muslims also give to the needy (Zakah) during this month. This amounts to 2.5% of one’s wealth. UNDP estimates that global Zakah potential is between $200 billion and $1 trillion. ### When is Ramadan this year? The Islamic calendar is based on lunar cycles so it’s different from the widely used Gregorian calendar. In 2024, Ramadan begins on the **Morning of March 11, 2024,** and ends on the **Evening of April 10, 2024** – this is subject to the appearance of the crescent moon. ## **Here are some guidelines on how we can create a safe and kind space for Muslims during Ramadan** 1. Respect peoples’ privacy around how they observe Ramadan. Not all Muslims can or want to fast, and the reasons can be personal so it’s best to refrain from asking. (refer to FAQ #2) 2. Take your lunch in the office kitchen or other designated lunch areas, rather than your desk, to be considerate of those fasting. 3. If you’ve put in a group lunch order, please place it in the kitchen with the lids closed. 4. Be considerate when talking about habits that practitioners are trying to refrain from (drinking, smoking, etc.) Remember that Lent is also happening during this time, which means that other team members are staying away from these things as well. 5. Set up a private space for people to do daily prayers. [Here’s a resource for prayer times.](https://anatoliacentre.ca/ramadan-calendar/) 6. Managers, please keep in mind those observing Ramadan may request an extended midday break on Fridays to do Jummah (Friday congregational prayer.) 7. Those fasting may be a bit tired when they are fasting, especially in the initial days. Be kind to someone struggling. ## **Frequently Asked Questions** **Q: Can someone who is fasting drink water?** A: Someone who is fasting cannot eat or drink anything, even water! **Q: Does every Muslim have to fast?** A: Generally, practicing Muslims must try their best to fast all 30 days of Ramadan, but there are some exceptions which include but are not limited to: Someone who needs to take medicine that is important to their health, someone who is sick, people who are menstruating, and children. These exceptions exist to avoid unnecessary hardship. Like followers of other religions, Muslims are diverse and practise their faith in a variety of ways, and some may choose not to fast due to personal preference. **Q: Can I greet a Muslim during Ramadan?** A: Yes! You can greet a Muslim colleague by saying “Ram-a-daan Mu-bar-ak” meaning Ramadan Blessings. **Q: What time does the fast end every day?** A: The fast is broken at sunset every day. Which corresponds to the Maghrib prayer (see below table.) **Q: I would like to learn more about Ramadan and Islam, where can I find more information?** A: [This website is a great place to start.](https://ing.org/resources/for-all-groups/calendar-of-important-islamic-dates/ramadan-information-sheet/) **Categories:** Blog --- ### [Peak Power Receives $765,000 From Canadian Government to Deploy 117 V1G EV Chargers](https://peakpowerenergy.com/2022/07/12/peak-power-receives-765000-from-canadian-government-to-deploy-117-v1g-ev-chargers/) **Published:** July 12, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** Peak Power, a Canadian climate tech company with a core focus in energy management and energy storage, announces it has received a $765,000 investment through Natural Resources Canada’s (NRCan) Zero Emission Vehicle Infrastructure Program (ZEVIP) to install 117 V1G chargers. The total cost of the project is valued at over $1.6 million. Peak Power will install the V1G chargers across several mixed-use developments in Ontario. Peak Power’s Synergy technology, which is currently used in the company’s successful Peak Drive EV charging project, will underpin the chargers. The Synergy tech will enable the chargers to draw energy from the grid when it’s most widely available and avoid times of peak demand, and can also adjust the flow rate at which the cars are charged. The intelligent chargers will reduce strain on the grid, benefiting utilities and electricity users by increasing grid capacity as well as giving EV drivers more locations to charge their vehicles. As part of ZEVIP, the project supports the federal government’s goals of accelerating the electrification of Canada’s transportation sector. The 117 chargers will encourage adoption of EVs, as drivers have access to expanded infrastructure for charging. From the perspective of grid operators, the intelligent nature of the Peak Power software will allow more capacity from the grid without requiring major infrastructure upgrades. Peak Power will work with partners with deep expertise in EV charging to install the chargers. SWTCH Energy is co-developing the software for the EV chargers with Peak Power, while Signature Electric will install the hardware and supporting infrastructure. “We’re thrilled to support the Canadian government’s electrification goals through smart EV charging,” said Matthew Sachs, COO of Peak Power. “The funding from NRCan will enable us to provide drivers with more options for EV charging, while the smart nature of our Synergy tech in the chargers means grid operators don’t have to worry about capacity restraints when EVs are plugged into the grid. ZEVIP is critical to greater electrification of the country’s infrastructure, and we’re proud to support the initiative.” “Happy EV Week, Canada. Our government is making electric vehicles more affordable and charging more accessible where Canadians live, work and play,” said the Honourable Jonathan Wilkinson, Minister of Natural Resources. “Investing in more EV chargers, like the ones announced today in Ontario, will put more Canadians in the driver’s seat on the road to a net-zero future and help achieve our climate goals.” “I’m pleased to be announcing the deployment of over 100 Electric Vehicle chargers across Ontario with Peak Power,” said Julie Dabrusin, Parliamentary Secretary to the Minister of Natural Resources and to the Minister of Environment and Climate Change, and Member of Parliament for Toronto-Danforth. “This $765,000 investment by the Government of Canada will allow folks in Toronto and across the province to access the infrastructure they need to drive an EV while fighting climate change. Happy #EVWeek!” “Limited access to EV charging infrastructure in high-density mixed-used environments remains a key barrier to widespread EV adoption,” said Carter Li, CEO of SWTCH. “SWTCH’s partnership with Peak Power and Signature Electric to deploy V1G technology to these settings will enhance coordination between energy utilities, building operators, and EV drivers to improve building energy efficiency and access to EV charging infrastructure.” “Signature Electric is proud to be a partner on increasing the availability of localized charging for Canadians,” said Mark Marmer, Owner of Signature Electric. “Together, we can scale EV infrastructure to support Canada’s commitment to achieving net-zero emissions by 2050.” Those interested in learning more about Peak Power’s smart EV charging can visit , and to learn more about the Canadian government’s drive for energy efficiency. ### About Peak Power Peak Power is a climate tech company founded in 2015 operating in Ontario, New York, New England, and California. Their flagship software, Peak Synergy, provides decarbonization 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 10M sq. ft. of real estate, with ~90 MWh of battery and electric vehicle capacity under contract or committed, and reducing greenhouse gas emissions by 72k TCO2e every year. **Categories:** Blog --- ### [Federal Tax Incentives for Energy Storage Systems: IRA Spotlight](https://peakpowerenergy.com/2022/11/02/federal-tax-incentives-for-energy-storage-systems-ira-spotlight/) **Published:** November 2, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** The summer season is officially behind us. It was yet another [record-breaking year for heat waves](https://www.forbes.com/sites/darreonnadavis/2022/09/07/sacramento-and-san-jose-break-all-time-heat-records-these-are-the-key-record-breaking-temperatures-for-summer-2022/?sh=33f5de1e49b8) across the globe, putting unprecedented strain on electrical grids and increasing pressure on modern economies that rely on a stable supply of electricity. But, we see signs of hope on the horizon with the expansion of federal tax incentives for energy storage systems and other clean energy technology. The passage of the Inflation Reduction Act is going to massively transform electricity markets in the United States. Canada is eyeing similar incentives that could help to accelerate the installation of residential and business clean energy technologies. Like other incentives in the past, federal governments offer these to investors, businesses, and consumers to encourage the uptake or development of technologies that will benefit the economy as a whole. Using [tax credits](https://www.thehartford.com/business-insurance/strategy/business-tax-credits/investment-tax-credits) to incentivize development began in the sixties, although the idea behind the tax credits was not to incentivize investors. Instead, it was to protect American business owners from foreign competition. This was due to the revival of industrial production in Europe and Japan, which was in recovery after World War 2. In this modern era, governments are using these incentives to speed up penetration for technologies that help us avoid the worst effects of a changing climate and support grid reliability in an increasingly electrified world. These energy incentives come in many forms, such as the investment tax credit, and the [reforestation credit](https://www.fs.usda.gov/features/timber-tax-tips-can-help-forest-owners-realize-potential-tax-benefits). ## The Inflation Reduction Act: The Key to Federal Tax Incentives for Energy Storage Systems The Inflation Reduction Act has officially been signed into law, and this presents a multitude of financial incentives to drive the deployment of clean technologies throughout the United States. There is one key federal incentive to highlight for companies looking to deploy clean energy assets. #### Investment Tax Credit (ITC) This is a tax credit originally created for commercial and large-scale deployments of solar or solar + storage. The Inflation Reduction Act updated the ITC to include standalone energy storage projects and several other clean energy technologies. This is a big win for areas where solar power isn’t beneficial. The tax credit has been restored to its full 30% value for solar, storage, and solar + storage projects beginning construction before January 1, 2025. However, there are new eligibility guidelines around Prevailing Wages and Registered Apprenticeship Requirements to qualify for the full ITC value. Not meeting these requirements may mean a developer is only be entitled to a 6% ITC (an 80% reduction in value). The Inflation Reduction Act also provides an added 10% ITC bonus (bringing the value to 40%) for projects that meet either of these criteria: domestic content, located in an Energy Community, or located in an Environmental Justice Area. A really exciting update for energy storage developers and businesses looking to deploy storage is that interconnection costs are now included in ITC calculation. This is an added benefit for eligible ITC participants but can’t be used in a standalone fashion. For a more detailed description of the ITC, download our Energy Incentives Guide for [Massachusetts](https://4672885.fs1.hubspotusercontent-na1.net/hubfs/4672885/energy-incentives-ebook_MA_220915.pdf) and [New York](https://4672885.fs1.hubspotusercontent-na1.net/hubfs/4672885/energy-incentives-ebook_NY_220915.pdf). ## Other Incentives For Renewable Energy There are several other incentive programs at the state and federal level. Here are two you ought to know: ### Renewable Energy Certificates or Credits (RECs) For many businesses that don’t have the space to install solar or other forms of clean energy generation technologies, RECs offer a great solution. This is an incentive in the form of a financial product. With RECs, companies can meet their [renewable energy targets](https://www.eia.gov/energyexplained/renewable-sources/incentives.php) by purchasing these credits which subsidize the generation of an established unit of clean energy and/or fund additional clean energy development to meet demand. That REC payment can go to a solar farm company, a residential consumer with solar installations, or even to businesses with sited solar and energy storage. Companies can meet their commitments to using clean energy without having to rely on traditional utilities or by producing energy themselves. With RECs, more individuals and businesses are incentivized to generate these certificates by installing renewable energy generation capacity; on solar farms, residential land, non-arable agricultural land, or even at C&I facilities. ### Net Metering Net Metering is usually administered by local utilities and permits customers to connect their solar or wind-generated power to the grid. The incentive systems work in different ways across states. Still, the idea is that utility companies purchase renewable energy from the customer, which is reflected in how the customer pays for the *net* amount of energy used. The amount that the customer pays is the total energy used minus the amount of energy distributed to the grid from the renewable energy source. With Net Metering Programs, companies can sell their surplus energy from sited energy resources while still being able to use energy from the grid when needed, especially when the rates (and demand) are low. These programs can also be quite lucrative, when companies buy low, store the “discount” energy in batteries, and then export that energy back when prices rise (this is also known as energy arbitrage). Net Metering is a popular tool used across the United States. About 37 states and the District of Columbia have a net metering system in one form or another. Eight states have a net metering system alongside other renewable energy compensation schemes. ## Key Benefits If you are an investor wondering why you should take an interest in these tax incentives for battery storage systems, here are some good reasons to do so. ### Reduced Costs At its most basic, tax credits and other federal incentives will reduce your overall investment costs. You can install renewable energy systems and technologies while reducing your tax liabilities, and increasing project rates of return. Ultimately, the ITC will provide your business with a 30-40% discount on the development of solar and energy storage technologies. The clean energy technologies you install will also contribute to lower operating costs and result in improved margins. ### Revenue Generation Which business doesn’t like finding new streams of income? Beyond net metering and RECs described above, there are demand response programs, operating reserve programs, and so many more depending on the state. So not only can you reduce energy bills by exporting your surplus energy from renewable sources or by *selling* RECs, but you can also employ energy arbitrage strategies to buy low and sell high, making your money on the spread. Many of these programs can be tapped into when you have energy storage systems installed either behind- or in front-of-the-meter. ### Good For The Environment Business and consumer incentives to develop and install clean energy technologies are not just good for the health of our planet, they’re good for our economy (and your bottom line). Need we say more? ### Creates Employment Over the last few decades, the renewable energy sector has been growing exponentially, far outpacing the growth in other sectors. It’s estimated that the clean energy sector will generate at least ten million new jobs by the year 2030. During the same period, it is estimated that about 3 million jobs will be lost by the decline of fossil-based energy generation. This translates to about [7 million net new jobs](https://www.weforum.org/agenda/2022/03/the-clean-energy-employment-shift-by-2030/#:~:text=The%20transition%20to%20clean%20energy,generation%20and%20the%20automotive%20sector.) as a result of this clean energy transition. ## Peak Power Will Help You Tap Into Federal Tax Incentives for Energy Storage Systems If you are wondering how you can benefit from federal tax incentives for energy storage systems and other clean energy technologies, [Peak Power](https://peakpowerenergy.com/) is the partner that you need. Because we’ll be blunt. The current centralized electricity system isn’t sustainable. Between the climate crisis, state-wide blackouts, aging infrastructure, and rising costs, the system needs a huge overhaul. Luckily, we’re seeing that governments, utilities, and businesses around the world are tapping into the potential of distributed, decentralized energy resources with a plethora of incentive structures… even if they might be a little hard to navigate. To help companies like yours take full advantage of the federal tax incentives and help navigate these incentive structures, we hosted a webinar in December 2022 to break down the details of the Inflation Reduction Act and the corresponding Investment Tax Credit. You can watch it on-demand here: *Disclaimer: At Peak Power, we’ve got a team of energy experts. But whenever it comes to tax incentives, record keeping, and depreciation, make sure to speak with a finance professional. Please note, because of the recent nature of the Inflation Reduction Act, the information contained in this section may change.* *Banner Photo Credit: iStock / Douglas Rissing* **Categories:** Blog --- ### [Mother's Day Interview with Leigh Billinghurst](https://peakpowerenergy.com/2022/05/06/mothers-day-interview-with-leigh-billinghurst/) **Published:** May 6, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** ![mother playing with her child](https://peakpowerenergy.com/wp-content/uploads/2022/05/mothersday-blog.jpg)Leigh with her son, Elliot**Leigh Billinghurst, mom and our brand new Senior Director of People & Culture sat down with Elaine Kwok, non-mom and Director of Marketing. They chatted about what it’s like to be a working mom, how companies can support moms, and what it’s like to develop and receive that support.** ## **Has the way you’ve approached HR changed since becoming a mom?** If I look back in my career and I look at a time when I did manage and didn’t have kids, I had no empathy. If you’re not in this situation, you don’t understand what people are going through. Someone who doesn’t have kids would just automatically think “OK well, their child is done school at 3 o’clock and they can be in daycare until 5 o’clock.” But there’s something called *Mom Guilt*. The big thing that I’ve taken away from this pandemic is that mom guilt is real, and it’s more real now than it was three years ago because we never knew what we were missing out on. You’re missing out on some really important parts of their life. One of the things I think about every single day is, “Am I making the right moves in terms of focusing on my career? Or should I be taking that time out to focus on my child and be there for all those times?” You’ve got to find that balance and I think that working for an organization that values working parents and provides that flexibility, that’s where you find your happy spot, because you can kind of have the best of both worlds. ## **As the Senior Director of People & Culture, what are some of the things you want to put in place to support moms?** Top up programs for anyone who goes on maternity, paternity, or parental leave, because financially, it’s a draw. With the comfort of that extra income, you’re able to enjoy your leave that much more. Also developing plans to ensure that the gap doesn’t affect any sort of growth opportunity for individuals. ## **The tech industry skews young and male, and the energy industry is very male-dominated. Do you think that a company’s industry affects how they accommodate the needs of parents?** It’s more about the culture of the organization and how many parents are employed there. When I first got into the tech world, I was the first mom to join the organization. It was very much a younger crowd. But there was a culture of transparency and understanding, so we were able to adapt and evolve in a short period of time. We brought on a parental leave program where they had a top up for both men and women. ## **Is there a big difference between moms and dads when it comes to taking parental leave and how that affects their careers?** I think we’ve come a long way where more men are taking leave, but our society still has a lot of work to do to have men and women treated the same way when it comes to leave and parental responsibilities. I think naturally a lot of the responsibilities fall onto women. It’s sad to see that some women are giving up their work just because someone has to take care of the kids. For example, if you’re a healthcare professional, you can’t work from home and you can’t bring your kid to work. Hopefully with all these tools that we’re looking to implement – like flexibility, education, and growth paths – we’ll overcome some of that bias. ## **I mean, realistically anybody could go on leave. You could get hit by car and be gone for a year.** It’s hard to find good talent. It’s a competitive world out there. So, making investments in people regardless of their situation will come back and benefit the organization in the long run. One year goes by extremely fast. It’s definitely worth the investment. ## **You told me a story yesterday about how when you announced your pregnancy, you actually got a promotion.** I had been at the organization for almost a year when I found out I was pregnant and told my boss. I was a supervisor on the account side at that time. A week later they asked me to step into a Director of Talent Acquisition role that just opened up. ## **What was it like starting a new position, then going on leave a few months later?** It was about 9 months, so I was able to get into the role and get comfortable in the position. Things were running somewhat smoothly when I went on leave. They were extremely, extremely supportive. It was quite emotional, and I think that that’s something that’s really stuck with me, too. It’s probably why I’ve have such a soft spot for providing those types of accommodations and treating everybody fairly, no matter what their situation. ## **How was it when you came back?** I came back part time after six months, so I had the opportunity to slowly integrate back into working. Once my mat leave was up, I jumped right back into full time. It was really helpful. I know a lot of organizations are providing 30 days when somebody is coming back from any type of leave, whether it’s maternity or stress leave. They have 30 days to be able to come back part-time. They’re back on the payroll like a regular employee, but they can work from home, and they can have those flexible or limited schedules just to slowly ease in. ## **I imagine that’s a really emotional time.** That mom guilt kicks in where it’s like, “How could I not be there?” They start walking at daycare, they start talking. We miss out on all these wonderful things. ## **What’s the most important thing companies can offer to make lives for working parents easier?** Flexibility is key and being able to have open conversations and dialogue. One of the reasons I joined Peak Power was because it’s important for me to work with an organization that [provides flexibility](https://peakpowerenergy.com/cleantech-jobs/). I live about an hour commute outside of Toronto. Just having that flexibility to be able to work on the GO train and have meetings that are a little bit later. Most importantly, feeling comfortable to talk to my manager about it. It’s nice that Derek’s a parent, so he understands. Honestly, the most stressful part of the day is figuring out the logistics around getting to the office. Figuring out that drop-off, getting on the train, getting to work on time, and then getting out at a certain time to be able to do the pick-up. ## **So your meetings might start at 10 or 11am and end at 2pm?** It’s so funny because it’s such a simple thing, but it’s such a big deal. Being able to work on the GO train on the way in, or work in the in the evening just to balance out the day. Having that autonomy to be able to make those decisions that work with you, your family, and your lifestyle. **Categories:** Blog --- ### [Growth in 2020 Spurs Diverse Additions to Peak Power’s Executive Team](https://peakpowerenergy.com/2021/03/04/growth-in-2020-spurs-diverse-additions-to-peak-powers-executive-team/) **Published:** March 4, 2021 **Author:** jonathan@peakpowerenergy.com **Content:** - **Veterans across industries add diverse strengths and broadened thought leadership to support their ramp-up** - **Charanjit Singh (former Director of Shared Services, CRH Canada Group Inc.** **and Vice President of Finance at Ontario Power Generation) joins Peak Power as VP, Finance** - **Jeremy Bower (former VP of Engineering, BFS Capital) joins Peak Power as VP, Software** - **Elaine Kwok (former Manager of Marketing and Communications, CareRx Corporation) joins Peak Power as Director, Marketing** - **Shaun Ishwanthlal (former Senior Trader PJM/Southeast, Brookfield Renewable) joins Peak Power as Director, Energy Markets** **Toronto, ON –** Peak Power (Peak) – a Toronto-based cleantech company providing energy solutions, including building insights, energy storage, and vehicle-to-grid technologies – is pleased to announce it has expanded its [executive team](https://peakpowerenergy.com/about-net-zero-building/) with the hire of Charanjit Singh, Jeremy Bower, Elaine Kwok, and Shaun Ishwanthlal. ## Growth Generates Growth “Peak Power has been growing steadily since our inception,” says Matthew Sachs, COO and Co-founder, Peak Power. “Our team numbers exploded in 2020 from 33 to 49. We needed to find fantastic people that could lead our teams to success, and also contribute new ideas. With the success of our capital raise efforts along with support from the Canadian innovation eco-system, we’ve had the opportunity to hire a high standard of talent.” ## Charanjit Singh, VP, Finance Charanjit has senior finance experience with a career spanning software, energy, and buildings materials industries, which are completely aligned with Peak Power’s areas of focus. With over 20 years of experience in all aspects of financial stewardship in medium and large entities, including CRH and Ontario Power Generation, Charanjit will be providing financial leadership to increase overall enterprise value as the company transforms from start-up to scale-up. ## Jeremy Bower, VP, Software Jeremy is a hands-on technology leader with over 20 years of experience in web and mobile apps, cloud computing, data science, and information systems security at start-ups and large enterprises. With a strong track record of building agile software teams to deliver production-grade software, Jeremy will oversee the scaling of Peak’s commercial software deployments. ## Elaine Kwok, Director, Marketing Elaine has over 15 years of experience navigating heavily regulated retail industries, including pharma, healthcare, energy, and travel. She brings proven expertise in leading all aspects of marketing strategy and execution. With experience in building out marketing capacities in organizations of all sizes, Elaine will lead Peak’s marketing function to grow their public presence and brand awareness locally and globally. ## Shaun Ishwanthlal, Director, Energy Markets Shaun has extremely deep technical knowledge of the key energy markets where Peak Power is focused. A former Senior Trader at Brookfield Renewable with over 20 years’ experience in energy market trading across PJM, IESO, ISO-NE, NYISO, SERC, and MISO, Shaun will be leading Peak’s power markets function. Tying in his commodity experience, he will oversee all of Peak’s market operations, and ensure Peak maximizes the value driven to customers through electricity market value streams. ## Looking Ahead “We are far from finished building our team,” says Shivani Garg, People and Culture Manager, Peak Power. “As a company, having a broad range of perspectives has been the key to our success. We wanted to keep that momentum with the expansion of our leadership team in terms of both diversity of backgrounds and expertise. We have great plans for the future and are looking for the right people to make it happen.” ## About Peak Power Founded in 2015, Peak Power ([www.peakpowerenergy.com](https://peakpowerenergy.com/)) develops AI-powered software to create intelligent energy systems for smart cities. They optimize the use of building analytics, customer-sited batteries, and electric vehicle batteries through their offerings: Peak Insight™, Peak Synergy™, and Peak Drive™. Peak Power’s solutions reduce the environmental footprint of their clients while creating revenue streams through the power grid. **Categories:** Blog --- ### [A How-To on Battery Energy Storage Project Development](https://peakpowerenergy.com/2023/08/22/how-to-battery-energy-storage-project-development/) **Published:** August 22, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** The transition to a clean and sustainable energy future is a pressing concern in today’s world. One solution to reach that sustainable energy future is deploying, operating, and optimizing distributed energy resources, like battery storage and electric vehicles. This was the focus of Peak Power’s Battery Development webinar, where industry experts shared their insights and experiences. This blog delves into some of the key points discussed during the webinar, highlighting value-adding solutions applied on Peak Power’s Operations side. ## Behind-the-Meter Battery Energy Storage: Developing a Project Elaine Kwok, Senior Director of Marketing at Peak Power, opened the webinar by sharing our company’s mission: *to help customers and partners achieve their net-zero goals, reduce their operating expenses, and unlock new revenue opportunities by deploying battery storage systems, grid-interactive buildings, and electric vehicles.* The webinar featured four industry experts who covered various aspects of battery energy storage system (BESS) project development. They included Pooja Shah, Senior Consultant at [DNV](https://www.dnv.com/); Jocelyn Zuliani, Energy Storage Lead at [Hatch](https://www.hatch.com/); Christopher Yee, Project Manager at [Peak Power;](https://peakpowerenergy.com) and Archie Adams, Director of Business Development at Peak Power. The four spearheaded the conversation about BESS and how commercial and industrial facilities can develop these projects on their sites. ## The Importance of Behind-the-Meter Systems Archie Adams began the webinar by shedding light on the significance of behind-the-meter systems and their increasing popularity in day-to-day industries. These systems are often located at customer sites and are connected to the distribution system on the customer side of the utility service meter. They can offer benefits such as cost savings and improved reliability. Shah went on to explain, “It’s often used to reduce energy bills by demand charge reduction, lowering the maximum power consumed. \[This can also be done through\] energy arbitrage … by shifting electricity consumption from high to low energy cost periods.” “Another reason customers commonly use behind-the-meter systems is that they may be interested in having reliable access to power after disruption to the grid. Particularly \[when\] these disruptions or outages are common occurrences. Or the customer faces steep consequences for an interruption in supply,” she said. Behind-the-meter systems are known to reduce energy bills through demand charge reduction and energy arbitrage or to provide ride-through capability during grid disruptions. ## Technology Selection and Sizing Considerations Shah emphasized the factors influencing technology selection and sizing for BESS projects. Key considerations for this include identifying relevant loads, understanding use cases and value stacking, EV charging needs, geographical location, financing, and utility zones. “Use cases are probably one of the most important things that drive technology selection and sizing consideration, \[that helps in\] identifying the purpose of the behind-the-meter solution that is being used. Some of the common ones are peak shaving, demand charge management, time-of-use energy cost management, used as backup power,” Shah said. Shah further explained that peak shaving and demand charge management is something that a customer can utilize to minimize the peak demand charges on their electricity bills. ## Revenue Generation and Value Stacking Adams unpacked the concept of a “value stack,” explaining how commercial and industrial facilities can tap different programs and incentives to maximize returns on the battery and the overall project. Value streams include demand response, demand charge management, coincident peak shaving, frequency regulation, and operating reserves. Understanding a customer’s current energy usage, habits, bills, facility layout, and potential integration with solar power allows for the development of a comprehensive proposal specific to their needs. Adams explained that by viewing a facility’s electricity bills, they can look at “call interval load data, which is a breakdown of what the facility is demanding and using for power at every hour of the year–sometimes even every five minutes, to get … the data.” While the session focused on energy storage, there is often an overlap with solar power and how it integrates into the process of determining a project plan. ## Project Development and Procurement Jocelyn Zuliani went on to discuss site assessment, connection impact assessment, permit acquisition, detailed engineering, and equipment selection. - The site assessment considers physical aspects such as available space, indoor/outdoor installation, maintenance access, security, and fire safety. - The electrical assessment focuses on interconnection to the facility, considering space, upgrades, and proximity to maximize benefits. Zuliani explained that a facility would need to go through the connection impact assessment, which involves developing the initial interconnection design and operating philosophy, and then engaging with the local utility for them to complete an impact assessment accurately. “Depending on your jurisdiction, the operating philosophy is often a key piece so the utility can really understand how you’re going to use the battery,” she further explained. ## Procurement and Construction Considerations Christopher Yee highlighted the ins and outs of the procurement and construction phase, emphasizing the importance of a kickoff meeting to introduce stakeholders and discuss safety measures, system design, and project scope to achieve overall success. Effective communication and collaboration between teams are integral to ensuring project completion within the designated timeframe while also aiding in minimizing interruptions to the facility’s normal operation. The Peak Power Battery Storage Development webinar offered valuable insights into the development process for battery energy storage systems. There is an ever-growing business case for behind-the-meter energy storage systems and their potential to enable cleaner, more reliable, and more affordable electricity. You can watch the webinar on-demand right here: **Categories:** Blog **Tags:** Energy Storage System, Financial Incentives, Battery Storage Project Development, Energy Storage Technology --- ### [Driving Canada's Energy Revolution: Powering Canada Forward](https://peakpowerenergy.com/2023/08/25/canada-energy-policy-powering-canada-forward/) **Published:** August 25, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** In a meaningful step towards a sustainable future, Canada’s Energy and Natural Resources Minister, Jonathan Wilkinson, recently unveiled a plan named “Powering Canada Forward.” This comprehensive strategy charts a course for achieving a net zero electricity grid throughout Canada by 2035 — a pivotal element for our country to achieve a fully net zero economy by 2050. The core of the Powering Canada Forward vision lies in recognizing the multifaceted challenges and opportunities that lie on the horizon. Drawing a parallel to the transformative railway projects of the 19th century, the document stresses that differing jurisdictions will achieve net zero at varying speeds. The federal government’s role in the electricity domain encompasses several vital facets, including establishing rigorous environmental regulations, regulating nuclear power, strategic investments, and fostering interprovincial collaboration. Notably, the forthcoming Clean Electricity Strategy, planned for release in 2024, will lay out a comprehensive framework of policies, tools, and actions to reach a net zero electricity grid by 2035. “Peak Power supports the Government of Canada’s vision to pursue a net zero electricity grid by 2035 and a fully net zero economy by 2050. Energy storage is a key technology to enable a reliable and resilient net zero electricity grid and balance the intermittency of renewable resources.” – Matthew Sachs, CSO, Peak Power ## **Government, Industry, and Indigenous Communities: Partnering for Progress** Within the electricity domain, the federal government has jurisdiction over several dimensions to make the strategy come to life, including: - Environmental regulations and carbon pricing - Inter-provincial power lines - Regulating nuclear power - Orchestrating strategic and targeted investments - Enabling interprovincial partnerships > “The paper will inform how the federal government will accelerate work over the coming months with partners — including provinces, territories, Indigenous leaders, utilities, industry, private and financial sectors, unions, academics and civil society — to ensure Canadian competitiveness in a rapidly decarbonizing global economy while making life more affordable for energy consumers.” ([source](https://www.canada.ca/en/natural-resources-canada/news/2023/08/government-of-canada-releases-vision-to-build-a-clean-affordable-and-reliable-electricity-system-to-power-canada-forward.html)) Concrete steps and milestones characterize the roadmap outlined by the Powering Canada Forward vision. ## **Addressing the Challenges** Achieving a net zero electricity grid across Canada is complex, with diverse provinces and territories facing distinct challenges and opportunities. One of the key factors influencing this transition is the availability of energy resources and innovative technologies. Canada has outlined a range of strategies to overcome some of these challenges. These strategies centre around: - **Transmission Infrastructure:** Developing new or improved inter- and intra-provincial transmission lines will facilitate the smooth transfer of electricity across regions, optimizing the use of renewable energy sources. - **Base Load Electricity Capacity:** Incorporating new firm electricity capacity through options such as large hydro, pumped hydro, and nuclear power plants will enhance the stability of the electricity grid, providing reliable power even when variable sources are intermittent. - **Stationary Energy Storage:** Investments in increased stationary storage capacity, including battery technologies and other storage solutions, will enable the storage of excess renewable energy for later use, reducing waste and ensuring grid resilience. - **Energy Efficiency:** Improving energy efficiency and productivity measures will help optimize energy consumption, making the most of available resources and reducing waste. - **Smart Grid Technologies:** Embracing advanced smart grid technologies will enable real-time monitoring, efficient energy distribution, and demand response, enhancing the flexibility and reliability of the electricity grid. - **Demand-Side Energy Resources:** Incorporating demand-side energy resources, such as flexible load resources and self-generation capabilities, will contribute to a more flexible and adaptable grid. > “At Energy Storage Canada, we’re thrilled to witness the announcement of over 700 MW of energy storage projects — a significant stride in Canada’s largest energy storage procurement to date.” – Justin Rangooni, Executive Director of Energy Storage Canada. Central to Powering Canada Forward is an all-encompassing perspective on the challenges of the transition to net zero electricity. However, Canada also boasts one of the world’s cleanest electricity grids, emphasizing that we are undertaking this strategy with an already strong start. The strategy further acknowledges that while electrification may result in marginal hikes in electricity bills in the short term, a long-term view presents a promising reality: overall energy costs for households and businesses are predicted to decrease. ## **What’s in the Strategy?** #### **Targeted Programs:** Several targeted programs have been developed or expanded as part of this Net Zero Strategy, including: - **Smart Renewables and Electrification Pathways Program (SREPs):** Allocated $3 billion in Budget 2023 to support innovative energy infrastructure projects, such as energy generation and storage initiatives. - **Clean Electricity Pre-development Program:** With $250 million in funding, this program focuses on the pre-development stage of clean electricity projects, enabling smoother project implementation. - **Clean Energy for Indigenous, Rural, and Remote Communities (CERRC) Program:** Supporting 139 projects to transition remote communities from fossil fuels to renewable energy, ensuring a cleaner and sustainable future. #### **Investment Tax Credits** The federal government has introduced a suite of investment tax credits (ITCs) to accelerate non-emitting electricity generation and delivery infrastructure investments. These include: - **Carbon Capture, Utilization and Storage Investment Tax Credit (CCUS-ITC):** Offering refundable credits to incentivize projects reducing emissions in high-emitting sectors. - **Clean Technology Investment Tax Credit (CT-ITC):** Supporting investments in electricity generation equipment, stationary battery storage, and more. - **Clean Hydrogen ITC (CH-ITC):** Encouraging investments in clean hydrogen production, with support varying based on hydrogen’s carbon intensity. - **Clean Electricity Investment Tax Credit (CE-ITC):** Offering refundable credits for eligible investments in non-emitting electricity generation systems, abated natural gas-fired electricity generation, and more. - **Clean Technology Manufacturing Investment Tax Credit (CTM-ITC):** Providing tax credits for investments in machinery and equipment used to “manufacture or process key clean technologies, and to extract, process, or recycle key critical minerals.” #### **Strategic Finance** The Canada Infrastructure Bank (CIB) is playing a pivotal role in financing clean power and green infrastructure projects, including: - **Investment in Clean Power:** The CIB’s commitment of at least $10 billion for clean power projects, from non-emitting generation to storage projects, reflects a significant stride toward a sustainable energy landscape. - **Green Infrastructure Investments:** With another $10 billion dedicated to green infrastructure projects, the CIB is fostering the growth of clean building retrofits and zero-emission vehicle charging infrastructure. ## **Charting a Path Forward: Engagement and Consultation** To create a strategy centred on successful outcomes, the government has committed to several areas of engagement and consultation, including: - **Canada Electricity Advisory Council:** advises on affordability, investment pace, Indigenous engagement, regional cooperation, and innovation. - **Provincial and territorial engagements:** creating Regional Energy and Resource Tables, federal-provincial working groups, and engaging with Indigenous communities. - **Investment Tax Credit design:** The federal government is seeking input into the design of the Clean Investment Tax Credit introduced in budget 2023. - Share your views on the ITC by emailing . - **Clean Electricity Regulations:** The release of Draft 1 of the Clean Electricity Regulations by Environment and Climate Change Canada signals the beginning of a 75-day consultation period on the proposed regulations. - **Clean Electricity programs:** NRCAN is seeking input on the re-design of including the Smart Grids Program and the Smart Renewables and Electrification Pathways Program (SREPs) - Share your views on SREPs by emailing [sreps-erite@nrcan-rncan.gc.ca](mailto:Sreps-erite@nrcan-rncan.gc.ca) - Share your view on the Smart Grid Program and Innovation & Electricity Regulation Initiative by emailing . This feedback will help inform the Government of Canada’s planned 2024 Clean Electricity Strategy. ## **Conclusion** In May 2023, the Canada Electricity Advisory Council was formed with a one-year term to better advise the Government of Canada through the Minister of Natural Resources. At the end of the Council’s term, they will provide a report outlining how to better accelerate investments to create a sustainable, affordable, and reliable electricity system in the country. The release of Draft 1 of the Clean Electricity Regulations by Environment and Climate Change Canada signals the beginning of a 75-day consultation period. This engagement will facilitate valuable stakeholder insights, ensuring a comprehensive and well-informed approach. Powering Canada Forward embodies an unwavering commitment to shaping a sustainable and prosperous future for all Canadians. By embracing regional strengths and fostering a culture of innovation, Canada stands poised to lead the charge in building a cleaner, more sustainable energy future for generations to come. At Peak Power, we know this isn’t just a policy document; it symbolizes a united resolve to address climate and energy challenges head-on while strengthening our economic opportunity for the future. Want to learn more about our energy storage software and development capabilities? [Contact us](https://peakpowerenergy.com/contact-peak-power-inc/). **Categories:** Blog **Tags:** Energy Storage System, Financial Incentives, Energy Policy --- ### [World Meteorological Day: An Interview with our Senior Meteorologist](https://peakpowerenergy.com/2023/03/21/world-meteorological-day-an-interview-with-our-senior-meteorologist/) **Published:** March 21, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** Each year on March 23rd, World Meteorological Day takes place to commemorate the Convention establishing the World Meteorological Organization, which happened in 1950. World Meteorological Day recognizes the contribution of meteorology and hydrology to the safety and development of society. This year’s theme, *The Future of Weather, Climate, and Water Across Generations*, is a fitting topic as we sit down with our Lead Meteorologist, John. We discuss his story, the history of this relatively new science, and why weather matters for electrical grids. ## **Tell us about you and why you decided to become a meteorologist.** My story is probably not too different from most meteorologists out there. I mean, we call ourselves energy nerds at Peak Power, and I’m pretty much a weather nerd. That stems from essentially a childhood wonder of the weather. But in my case, it’s a little more specific. Throughout my childhood, I had a severe phobia of thunder and lightning. At the age of about 11, there was a severe lightning storm happening at night, the typical time when my fear was at its height. At that moment, I decided to face my fear, so I opened a window to peek outside. For the first few seconds, I *was* paralyzed by fear. But then something happened. That fear immediately transformed into pure awe. I stared directly into the storm to find purple lightning and saw the real beauty of the cloud formations. All my senses lit up. As you age, the rational part of your brain starts to activate; it goes from that innocent fear to questioning why you’re afraid of something. That’s precisely what happened to me, and I think any good scientist starts out with questioning. That began my experimentation, pouring myself into this realm and challenging myself to ask why I was scared. Shortly after that, I dove into everything weather. I started looking at the National Weather Service forecast. I started making my own forecast for Rochester, which is the town where I grew up in upstate New York, an area that’s prone to all kinds of weather. As an example, I experienced the ice storm in 1991 – that was the most significant ice storm I’ve ever seen in my life. It was beautiful but destructive. I even visited the local TV meteorologist after that, at about the age of 12. He introduced me to his forecasting process (and even made some suggestions for top-notch universities offering meteorology programs), which further galvanized my interest in making this a career. ## **What do you see as the biggest contributions of meteorology to society?** Like any good scientist, I’m looking at all sides, so I explored both the positive and negative contributions. To start, forecasting is a very new science, whereas observations have been collected in North America and Britain since roughly the mid-to-late 19th century. One of the most impactful weather forecasts was made in the days leading up to the Allied Forces’ storming of the beaches of Normandy on D-Day. *\[Side note: The meteorological component of this historic day is a riveting story for any history buff.* [*Read about it on History.com*](https://www.history.com/news/the-weather-forecast-that-saved-d-day)*\]* From there, the science of forecasting really blossomed. The emergence of what’s called numerical weather prediction, which is a fancy way of saying weather model data, is used as a way of trying to compute and calculate the future state of the atmosphere. And the atmosphere is a chaotic fluid. So, you’re basically trying to forecast chaos. Numerical weather prediction originated in the 1950s and has since evolved to create more timely, accurate weather forecasts, including life-threatening phenomena such as tornadoes, hurricanes and severe thunderstorms. Prior to the 1990s, the lead time for the public to take shelter from tornadoes was usually less than 15 minutes. Now, I want to say it’s around 20 to 30 minutes. It may not sound like much, but that’s huge. That saves lives. The weather models have improved tremendously, even in the last 15 years alone since I started my career. As a result of that, we are seeing more reliable forecasts that can save lives and property. That’s why I decided to choose “operational” meteorology as a career as opposed to being purely a research meteorologist. One of my main jobs is to interpret weather model data and add value to the output, thus making a positive contribution to society. The negative aspect goes somewhat hand in hand. We live in a time where information, not just weather information, is readily available at your fingertips, which is both good and bad. It’s good because it’s convenient for the general population. It’s bad because most consumer apps just ingest raw model data with little to no human intervention. And if it is only referencing one model, and that model happens to be poorly handling the near-term weather situation, it’s likely going to give you a poor forecast. This is even more pronounced in complex weather situations like storms – for example if a warm front is being resolved incorrectly by one model, that could be the difference between 10 mm of freezing rain and 20 cm of snow. A meteorologist takes an ensemble approach, looking at multiple weather models to produce the most accurate forecast. In meteorology, there’s no AI that can replace human ingenuity and interpretation. ## **What’s an interesting fact about meteorology that readers might not know?** You know that unique smell right after a lightning storm? What you’re actually smelling is ozone. And by that process, it is actually returning nitrogen to the soil. The other thing that I would want readers to know is about something called *positive flash lightning*. It’s sometimes commonly referred to as a “bolt out of the blue.” Typically, it happens on the backside of the storm as the storm is departing you and originates in the anvil of a cloud. On a side note, what happens with an anvil cloud is that there is a very clear demarcation of the top of the atmosphere before we reach the stratosphere. The stratosphere is extremely stable, so it prevents clouds from building upward. That flash lightning originates all the way from the top of the anvil, which could be 40,000 to 50,000 feet. Whereas normal cloud-to-ground lightning originates from the mid-to-low levels of the cloud, maybe 5,000 to 15,000 feet – and those carry much less voltage. So because flash lightning originates from so high up, it encounters much more resistance and can carry up to a billion volts. And those are the lightning strikes that can be very hazardous to people and property. Even if it is not a direct hit, it can still be fatal. So, I’d strongly advise waiting at least 30 minutes after a storm passes before venturing outdoors again. You want to make sure you can’t hear any thunder at all before resuming outdoor activities. ## **What role do you think the broader meteorological community has to play in preserving our environment and fighting climate change?** I will preface by saying I’m not a climatologist; I’m a meteorologist. There’s a difference which we will go into a bit later. But for me, the folks that are doing those rigorous studies of ice cores, global temperature increases, historical and forecasted trend need to responsibly communicate that data to the public and not tweaked to sensationalize – on either side – it dilutes the science. The reality is that since the industrial revolution, we’ve done a tremendous amount of damage, and frankly, a lot of it may not be reversible. However, it doesn’t mean we should sit on our hands and do nothing. If we have enough awareness of that data at the public level, we can make decisions that can mitigate further damage. ## **How does the theme *The Future of Weather, Climate and Water across Generations* resonate with you?** I didn’t even realize there was such a thing as World Meteorological Day when I went to school for Meteorology. But it’s been around for like 50 years, so that was neat to learn, and it gives us a chance to talk about it. To start, I would refer to myself as an operational meteorologist, which is about forecasting the weather and marrying it with how it impacts real life – in the case of Peak Power, how it impacts grid demand. That’s how it resonates with me; it demonstrates how interpreting weather model data is critical to our society in very real ways. ## **Could you tell us a bit more about your work with Peak Power? What does weather have to do with energy?** My core role is to forecast [grid peaks and grid demand](https://peakpowerenergy.com/energy-storage-solutions/) in select ISO regions. Ultimately, the electrical grid is largely driven by weather events. Weather influences human behaviours such as blasting the AC in a summer heat wave or cranking the heat in a winter cold snap. \[See [2021 Texas Power Crisis\]](https://en.wikipedia.org/wiki/2021_Texas_power_crisis) However, I’m not just forecasting but researching how weather, load, and demand are interconnected and how they interact, sometimes, at a very localized level (for example, one region within a large ISO or a state). Other aspects that impact grid demand are things like solar generation; it’s a big component. One of my jobs is to assess the data and cloud forecast for embedded solar plants and what we expect those generation trends to be. There’s a term in meteorology that is a critical component in value addition to the models: Pattern Analog Recognition. This can be illustrated by an example. If you’re looking at cloudy weather over Eastern Ontario, where most of the solar plants are located, and sunny, oppressively hot weather over southern Ontario, including the GTA, that’s usually going to be a ripe setup for a significant grid peak. Such peaks are important to forecast accurately so that our customers can reduce their associated coincident peak charges, as well as avoid using dirty resources that come online to meet demand during those peaks. ## **What is one aspirational statement or dose of good news you want to leave readers with?** This may sound really corny, but this is something I think a lot of weather geeks do. I encourage you and others to do it. And that’s to **look toward the sky.** For me, it’s almost as second nature as breathing or having my espresso. Every time I’m outside, I always look up to the sky because you never know what you’re going to find. They always say each snowflake is unique, but every single cloud formation is also unique. Every single sunrise and sunset is unique. No two are exactly the same. We’re always so buried in our phones and our technology that sometimes, we forget to take a moment to marvel at the grandeur of nature that surrounds us. **Categories:** Blog --- ### [Peak Power Inc. Secures Funding from Hatch and BDC](https://peakpowerenergy.com/2021/01/26/peak-power-inc-secures-funding-from-hatch-and-bdc/) **Published:** January 26, 2021 **Author:** jonathan@peakpowerenergy.com **Content:** **Toronto, ON** – Toronto-based Peak Power (Peak) announced today that it has received further funding from BDC Capital, the investment arm of BDC and Canadian Shield Capital, the investment arm of Hatch, a global engineering consultancy. BDC Capital and Canadian Shield Capital join Export Development Canada (EDC) and Sensata Ventures as investors to support Peak’s global expansion. The announcement represents the second close in Peak’s financing round aimed at funding rapid expansion of Peak’s Synergy™ platform, which is already deployed in over 15 million square feet of commercial and industrial real-estate in Ontario, New York, and California. Peak’s AI-powered Synergy™ platform optimizes the operation of buildings, and distributed energy resources (DERs) like batteries and electric vehicle chargers for some of North America’s largest real-estate and energy players. “Our differentiated capabilities are keeping us very busy, on both the supply and demand sides of the energy market, across the full spectrum of climate change mitigation activities,” said Robert Francki, Global Managing Director, Energy at Hatch. “This is a key investment theme for both Hatch and our clients, and we believe Peak Power has the team and technology to help commercial buildings reduce their power consumption and emissions, which we believe is an important market.” Andrew W. Dunn, Managing Partner at Canadian Shield Capital, remarked, “We see more and more organizations identifying, prioritizing, and addressing energy and greenhouse gas reduction opportunities, and we believe Peak Power is a leading player in this space in North America.” “Peak Power has established itself as a leading solutions provider at the nexus of smart buildings, clean energy, and electric mobility with several highly successful deployments of their building optimization, energy storage and vehicle-grid integration products,” said Zoltan Tompa, Director of BDC’s Cleantech Practice. “BDC is proud to partner with Peak in helping them to accelerate their market and environmental impact.” Derek Lim Soo, CEO and Co-Founder of Peak Power, said of the investments, “We are excited to welcome the support of Hatch and BDC. We look forward to the prospect of working with Hatch in serving our customers and expanding our platform, combined with BDCs depth of experience and history in helping Canada’s entrepreneurial ventures grow. With our expanding network of strategic partners and investors, Peak is ready for the next phase of our global growth.” **About [Peak Power](https://peakpowerenergy.com/)** Founded in 2015, Peak Power develops AI-powered software to enable intelligent energy in smart cities. They do so by optimizing synthetic, stationary, and mobile batteries to act as grid resources, unlocking revenues for customers, reducing their operating costs, and decreasing their environmental footprint. **About [Hatch](https://www.hatch.com/)** Hatch is a global multidisciplinary management, engineering, and development consultancy. Whatever our clients envision, our teams can deliver. With over six decades of business and technical experience in the mining, energy, and infrastructure sectors, we understand that your challenges are changing rapidly. Our solutions are innovative, timely, and more efficient. We draw upon 9,000 staff with experience in over 150 countries to challenge the status quo, creating positive change for our clients, employees, and the communities we serve. **About [Canadian Shield Capital ](https://canadianshieldcapital.com/)** Canadian Shield Capital is a long-term private equity and growth capital investor focused on identifying and leveraging long-term demographic, social, and macroeconomic trends. Canadian Shield Capital serves as Hatch’s investment arm and favours businesses with strong, capable, collaborative leadership where there is the potential to draw upon and benefit from Hatch’s extensive industry expertise and strong client relationships. We support our partners with capital and expertise to build networks, improve processes, implement new technologies, refinance, and adapt to changing market dynamics. **About [BDC Capital](https://www.bdc.ca/en/bdc-capital)** BDC Capital is the investment arm of BDC, the bank for Canadian entrepreneurs. With over $3 billion under management, BDC Capital serves as a strategic partner to the country’s most innovative firms. It offers businesses a full spectrum of capital, from seed investments to growth equity, supporting Canadian entrepreneurs who have the ambition to stand out on the world stage. Visit bdc.ca/capital. **Categories:** Blog --- ### [Understanding the Financial Benefits of Energy Storage for Industrial and Manufacturing Facilities](https://peakpowerenergy.com/2023/08/09/financial-benefits-energy-storage-system-indutrial-facility/) **Published:** August 9, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** While the clean energy revolution may be well underway, many businesses still hesitate to transition to a decentralized electricity system. Will having your own energy storage system or clean generation resources actually be reliable, meet sustainability mandates, and stay within budget? We get it — you need to ensure profitability to begin reaching your environmental goals. At a high level, you know that deploying an energy storage system will help ensure your organization is doing its part to tackle the climate crisis, but how will it help your business financially? Today, we’re breaking down the myth that clean energy technology has to be expensive. It’s possible to reach your environmental targets without breaking the bank. Not only can the initial investment be subsidized ([or even financed](https://peakpowerenergy.com/energy-storage-solutions/ders-development/financing-energy-storage/)), but the transition to clean energy paired with energy storage can improve NOI, cut operational costs, and even provide new revenue streams depending on your utility and jurisdiction. Let’s get into it. ## Cut Electricity Costs From powering machines to keeping HVAC running efficiently, [commercial and industrial buildings require an immense amount of electricity](https://www.eia.gov/energyexplained/use-of-energy/industry.php). When looking to reduce operational costs, many facilities believe these costs are hard to reduce and that they’re already done what they can with efficiency measures like changing to LED lighting. Electricity is a major operational cost and can drastically decrease the financial performance of a business. But with our energy storage software, we can help you anticipate and respond to peak demand events. The reason why anticipating peak demand is so critical brings it back to basic supply and demand fundamentals: the higher the demand, the higher the price. By anticipating the peak demand events, we can ensure you charge your battery when electricity prices are low so that you can discharge that stored electricity when prices are high. At Peak Power, we’ve got a strong performance record for forecasting peak demand events in Ontario, New York, Massachusetts, and California. By implementing energy storage systems paired with our software, our customers have realized over $5 million through cost savings or revenue. Our [energy storage software](https://peakpowerenergy.com/energy-storage-solutions/software-energy-storage-management/) can help you continue to reduce energy costs without affecting output. ## Create an Additional Revenue Stream Besides powering your own facility, your facility can become a resource for those around you. With your energy storage system, electricity is stored in on-site batteries and can respond to grid signals and demand events. When demand for energy spikes, many grid operators will call on resources, like your battery storage system, to respond. In turn, you create a new revenue stream for your business as a “demand response” resource for the grid. Many facilities have space that currently goes to waste. From vacant land to rooftops, your business can use this seemingly unviable space to capture energy from solar to power your facility, store the excess, and generate additional revenue. ## Increase Energy Reliability Grid reliability is a growing problem. Most facilities rely on the electricity generated from power stations that can be hundreds of kilometres away. The energy must make its way through transmission and distribution lines before it gets to your facility. It becomes increasingly unreliable the further it goes, increasing the chances you’ll experience outages as the intensity of weather events increases. Even going twenty minutes without power can seriously affect your facility’s output and revenue. With energy storage solutions, you can reduce the risk of a power outage by providing ride-through resiliency capability. In an ideal situation, your facility could generate the entirety of its electricity needs with rooftop solar and store that excess power in energy storage systems. ## Jump On Energy Incentives One of the biggest questions we get is, *where will I get the capital to invest in battery energy storage systems?* It doesn’t have to be costly to turn to cleaner and more reliable energy. Most electric utilities offer energy incentives in addition to incentives provided by the government at a municipal, state/provincial, and federal level. This can drastically improve the business case for organizations aspiring to reach net zero. At Peak Power, we’re pros at navigating these [incentives and programs](https://peakpowerenergy.com/resources-battery-storage-operation/incentives-programs/). For instance, New York State allows a 15-year tax exemption for any increased value that arises from a property with clean energy systems. In California, you can receive funding for installing a public EV charging station. These are just a few of the many incentives your business can benefit from. [Contact our team](https://peakpowerenergy.com/contact-peak-power-inc/) to learn how we can help you secure the financing needed to shift to clean energy technologies. ## Net Zero Can Be Profitable In an age when operating costs continue to rise, many facilities can struggle to put environmental issues first. But you shouldn’t have to choose between pursuing net zero goals and ensuring a healthy balance sheet. With the help of incentives, the initial investment into battery storage, solar, and many other technologies becomes much more feasible for commercial and industrial facilities. Then, these facilities can immediately reduce their energy costs while providing additional resources to the grid when demand is high. Our Peak Synergy energy software can help you do all of that. ## Connect With Peak Power Between aging infrastructure and rising electricity costs, the current centralized electricity system isn’t sustainable. At Peak Power, we can help you pursue your clean energy goals with energy storage systems and software, allowing your business and the environment to reap the rewards. Get in touch with one of our energy storage experts today! [Contact Peak Power](https://peakpowerenergy.com/contact-peak-power-inc/) We’re social. Follow us on [Twitter](https://twitter.com/peakpower_inc) and [LinkedIn](https://www.linkedin.com/company/peak-power/)! **Categories:** Blog **Tags:** Energy Storage System, Financial Incentives --- ### [Peak Power receives strategic investment from Osmington Inc. to target booming energy storage industry](https://peakpowerenergy.com/2017/05/11/peak-power-receives-strategic-investment-from-osmington-inc-to-target-booming-energy-storage-industry/) **Published:** May 11, 2017 **Author:** jonathan@peakpowerenergy.com **Content:** TORONTO, May 3, 2017 /CNW/ – Peak Power Inc., a leading energy storage service provider, announced today a strategic investment from Osmington Inc., that will support the scale up of the Company’s North American growth plans for the energy storage market. “We are delighted to have Osmington as a strategic partner to target the behind-the-meter energy storage market” said Derek Lim Soo, Peak Power’s founder and CEO. “Osmington brings a breadth of experience and connections in both the real estate industry and big data industry that will aid Peak Power as it works to become one of North America’s premier energy storage service providers”. Peak Power targets the most expensive hours of peak demand to create significant long-term cost savings for building owners and opportunities for cost deferral for utilities. Through its proprietary self-learning software controls platforms – Peak SYNERGYTM, it enables the optimized operations of individual energy storage installations and the aggregation of multiple installations into a Virtual Power Plant (“VPP”). VPPs help utilities and system operators to address peak demand and improve grid reliability. Peak Power’s inclusive Energy Storage as a Service (“ESaas”) business model is a flexible solution that makes it easy to partner directly with building owners, service providers and developers, and helps them implement and evaluate on-site energy storage solutions. “The energy industry is undergoing a historic transformation due to aging infrastructure, rising peak demand, increased resiliency concerns, and the emergence of disruptive technologies. There is a growing need for flexible and resilient distributed energy resources to support the needs of the 21st century grid, and Peak Power has developed an intelligent software system to control these assets.” said Jason Levin, Vice-President of Osmington. “Peak has developed a scalable and adaptable software platform that can address current market needs and also adapt to the upcoming changes we see coming to the electricity sector.”, added Levin. “Peak’s software targets the largest and escalating portion of customers’ bills, peak demand charges (i.e. Ontario’s Global Adjustment Charge), while enabling an asset that can also monetize additional revenues stream to support utility operations.” About [Peak Power](https://peakpowerenergy.com/): Peak Power is a North American based energy storage services provider. Through their Peak SYNERGYTM controls platform, Peak is empowering building owners to achieve long-term savings from rising electricity bills, reach sustainability goals and increase onsite resiliency, all while aiding utilities in addressing aging infrastructure and peak demand requirements. ([www.peakpowerenergy.com](https://peakpowerenergy.com/)) About Osmington Inc.: Formed in 1995, Osmington is a private commercial real estate company, owned and controlled by David Thomson, Chairman of Thomson Reuters. Osmington operates with the highest degree of integrity and has a stellar reputation in the Canadian real estate market. The Company’s investment focus has been and continues to be focused on value creation. Signature projects for the Company include the retail redevelopment of Toronto’s Union Station, the purchase and relocation of NHL’s Atlanta Thrashers to Winnipeg to become the Winnipeg Jets and the development of the world’s largest hardware technology innovation hub, Catalyst 137. **Categories:** Blog --- ### [Peak Power to deploy energy storage systems with Starlight...](https://peakpowerenergy.com/2020/03/30/peak-power-to-deploy-energy-storage-systems-with-starlight/) **Published:** March 30, 2020 **Author:** jonathan@peakpowerenergy.com **Content:** ## Peak Power to deploy 2350kW / 4700 kWh of energy storage systems with Starlight Investments to target rising Ontario Global Adjustment Charges TORONTO, Aug. 9, 2018 /CNW/ – Peak Power Inc., a leading technology services provider for the distributed energy resources market, announced today that it has signed an agreement to install up to 2350kW / 4700kWh of energy storage systems to target Ontario peak demand charges with Starlight Investments at Bloor Islington Place located at 3300 Bloor Street West in Toronto, Ontario. The first phase of the project reached commercial operation earlier this year utilizing Lockheed Martin storage technology with engineering and construction provided by Spark Power, a leading power systems specialist. The project has the potential to generate electricity bill savings up to 25% by targeting peak demand charges such as the rising Global Adjustment charge. The installation at Bloor Islington Place is one of six sites supported by the Sustainable Development Technology Canada grant announced last year by Peak Power Inc. Once complete, all six sites will be aggregated into a Virtual Power Plant to provide additional services to the Ontario grid. Peak Power Inc. also has a site using a Tesla Energy Storage System at the Thomson Building at 65 Queen Street West in Toronto, Ontario. “We are delighted to be one of the first commercial building owners in Canada to install behind-the-meter battery energy storage. Innovative technology such as energy storage and Peak Power’s software are providing options to building owners for better ways to manage our day-to-day energy needs,” said Perry Rose, Executive Director, Procurement and Technical Services of Starlight investments. “The process with Peak was professional and efficient, and the execution phase was seamless.” Peak Power has developed a software platform, SynergyTM, that optimizes the operation of distributed energy assets such as battery energy storage, electric vehicles, and solar. Through the use of Big Data and Machine Learning, Peak Power Inc. is able to forecast moments of peak demand on the grid. When paired with energy storage, this technology can reduce customers’ electricity bills while helping utilities balance energy supply and demand, thereby improving grid resiliency. Last year, Peak Power Inc.’s software performed successfully, hitting all five Global Adjustment peaks in real time with 100% accuracy. In addition, the SynergyTM platform has been expanded to include additional distributed energy resources and in-front-of-the-meter applications in numerous jurisdictions in North America. “Peak Power is proud to partner with Starlight Investments — a recognized leader in North American multi-family and commercial real estate,” said Derek Lim Soo, CEO Peak Power. “Peak demand is rising five times faster in the urban centres then in the rural areas. This project will provide a much needed resource to the Ontario grid infrastructure.” **About Starlight Investments** Starlight is a Toronto-based privately held, full service, real estate investment and asset management company driven by an experienced team comprised of over 150 professionals. Starlight currently manages $8.5 billion multi-family and commercial properties for joint venture partnerships with institutional investors, Northview Apartment REIT, True North Commercial REIT, Starlight U.S. Multi-Family (No. 5) Core Fund and Starlight U.S. Multi-Family (No.1) Value-Add Fund and for private investors. Starlight’s portfolio consists of approximately 36,000 multi-family units across Canada and the U.S. and over 5.3 million square feet of commercial properties. [www.starlightinvest.com](https://www.starlightinvest.com/) LinkedIn — [www.linkedin.com/company/starlight-investments-ltd-](https://www.linkedin.com/company/starlight-investments-ltd-) **About Peak Power** [Peak Power Inc](https://peakpowerenergy.com/)., a technology services provider, focuses on delivering intelligent software and project solutions to offset the most expensive hours of electric demand for utilities and building owners. Through their Peak SYNERGY™ controls platform, Peak Power is empowering building owners to achieve long-term savings from rising electricity bills, reach sustainability goals and increase onsite resiliency, all while aiding utilities in addressing aging infrastructure and peak demand requirements. Peak Power offers a range of services, including project development, construction, software, financing, operations and maintenance. The company was founded in 2015 and is headquartered in Toronto, Canada with offices in New York and Boston. **Categories:** Blog --- ### [Peak Power Partners with Diamond Generating Corporation…](https://peakpowerenergy.com/2020/06/01/peak-power-partners-with-diamond-generating-corporation/) **Published:** June 1, 2020 **Author:** jonathan@peakpowerenergy.com **Content:** ## Peak Power Partners with Diamond Generating Corporation to enter California Energy Storage Market TORONTO, April 16, 2019 /PRNewswire/ – Peak Power Inc. announced today that it has been awarded a contract by Diamond Generating Corporation (“DGC”) to provide software services for a behind-the-meter energy storage system (1MW/4MWh) to be installed in San Diego, California. “DGC has been excited to work with Peak and has a high expectation with Peak’s software and overall capabilities.” said Yuichiro Matsui, Assistant Director, Diamond Generating Corporation. “We were looking for the best solution to maximize the value of our energy storage asset in California.” Peak, using it’s AI-powered SynergyTM platform, will optimize the operation of the energy storage system for both front-of-the-meter and behind-the-meter value streams. In addition to increasing resiliency and reducing greenhouse gas, the system will provide relief to the CA electricity grid. The project is expected to reach commercial operation in 2019. This represents Peak’s 4th ISO region in the past 6 months demonstrating the adaptability of the SynergyTM platform across jurisdictions. “Peak Power is excited to work with DGC to enter the California market which is a leader in North American energy storage market”, said Peak Power CEO, Derek Lim Soo. “California’s leadership in energy storage policy and aggressive renewables targets make is a natural fit for market expansion for our company.” ### **About Peak Power Inc** Toronto-based Peak Power provides intelligent software and technology solutions for the evolving energy marketplace. Through their SynergyTM platform, Peak Power empowers building and business owners to achieve long-term savings by targeting expensive moments of peak demand. The Synergy™ platform uses forecasted and real-time data to optimize operation and adjust real-time asset schedules to changing market and weather conditions. Furthermore, these solutions help companies reach sustainability goals and increase onsite resiliency, while aiding utilities in addressing aging infrastructure. ### **About Diamond Generation Corporation** DGC is a wholly owned subsidiary of Mitsubishi Corporation and is a developer, owner and operator of privately owned power generating assets in the United States and Mexico. It currently has ownership interest in 13 operating power generating facilities, having total output capacity of approximately 7,800MW, with net equity of 3,400MW. **Categories:** Blog --- ### [Saturn Power to Partner with Peak Power on Software...](https://peakpowerenergy.com/2020/07/01/saturn-power-to-partner-with-peak-power-on-software/) **Published:** July 1, 2020 **Author:** jonathan@peakpowerenergy.com **Content:** ## Saturn Power to Partner with Peak Power on Software for Battery System in Ontario **Toronto, ON, August 29th, 2019** – Today, Peak Power Inc. (“Peak”) announced a partnership with Saturn Power (“Saturn”) to provide software services for an upcoming energy storage project in Ontario. Saturn Power has been active in the Battery Storage and Global Adjustment market since 2017 and continues to make advancements in securing Behind the Meter projects in Ontario. “Given the significant benefits that battery storage projects can provide to our clients, Saturn Power wanted to invest in a software solution that would maximize the value gained from a Battery Energy Storage System.” Said Tai Nguyen, Chief Investment Officer at Saturn Power. Peak, using it’s AI-powered Synergy™ platform that has been deployed in 4 ISO regions, will optimize battery operation to capture multiple value streams. These include reducing Global Adjustment (“GA”) and Demand Charges for Saturn’s clients, as well as participation in various IESO market programs. “We’re looking forward to working with Saturn Power on this upcoming battery project in our home market,” said Peak Power CEO, Derek Lim Soo. “This agreement with a fellow Ontario-based company is an ideal step in the growth journey for both of us.” Peak Power’s software has predicted all IESO GA peaks with a 95% dispatch accuracy since 2017. This performance has translated to Peak’s other active markets, with a 100% prediction accuracy for New York ISO’s Installed Capacity (“ICAP”) tag, and a 100% prediction accuracy for ISO New England’s monthly coincident peaks. **About Saturn Power:** Saturn Power, founded in 2007, has developed and contracted over 200 MW of solar, battery storage and wind power projects, including developments in Ontario, Western Canada, the United States, Turkey and Bermuda. The company, which also has expertise in project financing, engineering, procurement and construction (EPC) as well as the operation and maintenance of existing renewable assets, has been actively engaged in the BESS and energy storage markets since 2017. **Categories:** Blog --- ### [Peak Team Member Profile: Valerie Kitchell](https://peakpowerenergy.com/2021/06/06/peaker-profile-valerie-kitchell/) **Published:** June 6, 2021 **Author:** jonathan@peakpowerenergy.com **Content:** ## Building a High-Performing Asset Management Team ## Women at Work [Valerie Kitchell](https://www.linkedin.com/in/valerie-kitchell/) leads the Asset Management team that oversees Peak’s electric asset portfolio. When Val joined Peak Power in 2019, the portfolio consisted of only two batteries in the ground, some burgeoning vehicle-to-grid (“V2G”) chargers, and one battery in NY. Since then, she built Peak’s Asset Management team of 4 professionals, and their portfolio has grown to four sites in NY, ten sites in Ontario, and a new market in California with a unique dual-participation model. Peak’s Asset Management team is also comprised of [Jessica Malcolm](https://www.linkedin.com/in/jessicamalcolm416/), [Monique Machado](https://www.linkedin.com/in/moniquefmachado/), and [Funto Oshunmakinde](https://www.linkedin.com/in/funto-oshunmakinde/). A unique aspect of the team is that it is made up entirely of women – this diversity remains a rarity in both the energy sector and in tech but is not unusual for Peak. Peak’s belief is that to be truly innovative diversity is critical, and as such our hiring practices go the extra mile required to truly be an equal opportunity employer\*. Val attributes the team’s success to their diverse professional backgrounds, high level of skill, and teamwork. “Bottom line they are all exceptionally intelligent and responsible, and most importantly, we work extremely well together as a team. Individual ownership, high proficiency and strong collaboration are a winning combination that allows the team to deliver more than the sum of its parts.” ![6 members of the energy assets team on a zoom call](https://peakpowerenergy.com/wp-content/uploads/2021/06/assets-team_V2.jpg)Energy Markets Team – Top row: Shaun Ishwanthlal, Valerie Kitchell, Jessica Malcolm. Bottom row: Funto Oshunmakine, Monique Machado, Matt Scoon.## Creating Spaces for Growth In 2008 – Val cofounded the Canadian chapter of [Women of Wind Energy](https://wrisenergy.org/) (now WRISE). In 2013, it evolved into [Women in Renewable Energy](https://www.womeninrenewableenergy.ca/). Their mission is to advance the role and recognition of women working in the energy sector. She was driven by personal experience and the desire to build sustainability into the industry itself. “There’s a parallel between the issues of gender diversity and sustainability in the energy industry.” Val says, “In both cases, it’s not about having a single, silver bullet. A diverse resilient mix is important to support ongoing sustainability of the system.” ## Making a Broader Impact Val’s career in energy started at the Ontario Sustainable Energy Association, advocating for the rapid adoption of renewables and distributed benefit models at the local level. Later she joined wpd Canada, developing and financing wind farms including community wind projects. Now at Peak Power, she is supporting the adoption of battery storage, an essential piece of the puzzle that supports the growth of renewable energy and overall sustainability of the grid. Val celebrated her 2-year anniversary at Peak Power this week. We want to congratulate her on this milestone and thank her for her incredible contributions! \*Our Talent & Recruitment Team uses [Gender Decoder](https://gender-decoder.katmatfield.com/) to remove gender-coded language from our job posts. We also post openings across a variety of channels, including those that target typically marginalized groups. **Categories:** Blog --- ## Pages ### [Home](https://peakpowerenergy.com/) **Published:** September 5, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # Reduce Electricity Costs with Battery Storage Peak Power helps large commercial and industrial facilities lower peak demand charges, generate grid revenue, and deploy battery storage with no upfront cost. [ EXPLORE BATTERY SOLUTIONS EXPLORE BATTERY SOLUTIONS ](#battery-solutions) #### Trusted by: [ ](https://www.kruger.com/) [ ](https://www.juddwire.com/) [ ](https://power.mhi.com/) [ ](https://www.ashgrove.com/) [ ](https://www.lactalis.ca/) [ ](https://www.lightshift.com/) [ ](https://www.opg.com/) [ ](https://www.riocan.com/English/home/default.aspx) ## Monetize Energy with Battery Storage High energy costs driven by peak demand charges are a significant part of your operating expenses. *What would you do with a large reduction in your electricity budget?* Our AI-enabled battery storage solutions monetize grid participation, automate load curtailment, and cut energy costs, empowering plant and facility managers, energy managers, and sustainability directors to tackle deferred maintenance, fund upgrades, and meet corporate sustainability goals. Our solutions transform energy challenges into opportunities. [ The Benefits of Batteries The Benefits of Batteries ](/energy-storage-benefits/) Play Video ### Customer Value Created million ~$ 0 ### Annual Value Generated per Megawatt per MW $ 0 ### Battery Capacity Under Contract MWh ~ 0 ## Unlock Savings and Revenue with Peak Power Large energy users can access Peak Power’s innovative approach that combines proprietary software with financing solutions. Our **Battery Energy Storage System Development** solution eliminates cost and operational barriers to clean energy adoption. By delivering end-to-end energy storage systems at no upfront cost, we empower businesses to achieve energy savings, unlock new revenue streams, and pursue sustainability goals. Not quite ready for battery storage but need to reduce energy demand charges? Or, do you have an on-site battery that’s underperforming? Our **Battery and Energy Optimization Services** use our industry-leading peak prediction engine to provide AI-enabled Battery Operation or Coincident Peak Notifications [ ![peak icon electric](https://peakpowerenergy.com/wp-content/uploads/2022/09/peack.png) ## Battery Storage Development LEARN MORE ](/energy-storage-solutions/battery-energy-storage-development/) [ ![peak icon electric](https://peakpowerenergy.com/wp-content/uploads/2022/09/peack.png) ## Battery Energy Storage System Development No-cost battery solutions with our 5-step battery development process. We make money on a share of the savings, aligning our incentives with your objectives. LEARN MORE ](/energy-storage-solutions/battery-energy-storage-development/) [ ![serv2](https://peakpowerenergy.com/wp-content/uploads/2022/09/serv2.png) ## Battery and Energy Optimization LEARN MORE ](/energy-storage-solutions/energy-storage-management/) [ ![serv2](https://peakpowerenergy.com/wp-content/uploads/2022/09/serv2.png) ## Battery Energy Storage System Optimization Optimize your energy management strategies with full-service battery operation and optimization or coincident peak notification services. LEARN MORE ](/energy-storage-solutions/energy-storage-management/) ## Proven Results At Peak Power, our comprehensive approach to energy solutions sets us apart. From initial modeling to financing to maintenance, our proven five-step process delivers seamless, end-to-end battery storage solutions tailored to maximize value. With innovative financing models that eliminate upfront costs and proprietary AI-enabled software achieving greater than 90% peak prediction accuracy, we’ve unlocked over $30 million from batteries under management, generating ~$226,000 in annual value per megawatt. See how Peak Power’s scalable solutions are transforming energy operations for large commercial and industrial facilities. [![Menkes Global Adjustment Forecasting](https://peakpowerenergy.com/wp-content/uploads/2025/10/solar-panels.jpg) Commercial Project ](https://peakpowerenergy.com/project/menkes_peak_forecasting_global_adjustment/)## Data-Driven Curtailment Across a Multi-Building Portfolio In today’s volatile energy landscape, proactive energy demand management is becoming essential for commercial real estate operators seeking to control costs and improve operational efficiency. … [ Read more read more ](https://peakpowerenergy.com/project/menkes_peak_forecasting_global_adjustment/) [![Bloor installation](https://peakpowerenergy.com/wp-content/uploads/2023/05/IMG_5017-scaled.jpg) Commercial Project ](https://peakpowerenergy.com/project/bloor-islingtion-battery-storage-project/)## Bloor Islington Battery Storage Project For this battery storage project at Bloor Islington Place, Peak Power provides peak prediction and asset dispatch services. We also optimize the battery for demand response events. … [ Read More read more ](https://peakpowerenergy.com/project/bloor-islingtion-battery-storage-project/) [![40-Scotia-50KW-Tritium2](https://peakpowerenergy.com/wp-content/uploads/2023/05/40-Scotia-50KW-Tritium2-scaled.jpg) Innovation Project ](https://peakpowerenergy.com/project/developing-a-electric-vehicle-future/)## Developing an Electric Vehicle Future In the summer of 2022, Peak Power was one of the funding recipients of Natural Resources Canada’s (NRCan) Zero-Emissions Vehicle Incentive Program (ZEVIP), a federal initiative to support the installation… [ Read More read more ](https://peakpowerenergy.com/project/developing-a-electric-vehicle-future/) [![Bruce-Power-Aerial](https://peakpowerenergy.com/wp-content/uploads/2023/04/Bruce-Power-Aerial.jpeg) Commercial Project ](https://peakpowerenergy.com/project/saturn-power-storage-project/)## Bruce Power Storage Project Saturn Power has been active in the battery storage and Global Adjustment market since 2017 and continues to make advancements in securing behind-the-meter projects in Ontario. … [ Read More read more ](https://peakpowerenergy.com/project/saturn-power-storage-project/) [![Lactalis_Approved-scaled-e1676319596168](https://peakpowerenergy.com/wp-content/uploads/2023/02/Lactalis_Approved-scaled-e1676319596168.webp) Commercial Project ](https://peakpowerenergy.com/project/lactalis-canada-zero-cost-resiliency/)## Lactalis Canada: Zero Cost Resiliency and Sustainability 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…. [ Read more read more ](https://peakpowerenergy.com/project/lactalis-canada-zero-cost-resiliency/) [![Peak Power Unit](https://peakpowerenergy.com/wp-content/uploads/2023/02/peakpower_westchester-1-scaled-1.webp) Commercial Project ](https://peakpowerenergy.com/project/westchester-multiple-battery-storage-project/)## Westchester Multiple Battery Storage Project Peak Power delivers ICAP and demand charge savings with behind-the-meter battery storage and Peak Synergy for a customer in Westchester, New York. … [ Read More read more ](https://peakpowerenergy.com/project/westchester-multiple-battery-storage-project/) [![kearneymesa](https://peakpowerenergy.com/wp-content/uploads/2023/02/kearneymesa.jpg) Innovation Project ](https://peakpowerenergy.com/project/kearny-mesa-battery-storage/)## Battery Innovation in Kearny Mesa This innovative battery storage is one of the first projects to operate under FERC Order 841 and the CPUC’s decision on multi-use applications. … [ Read More read more ](https://peakpowerenergy.com/project/kearny-mesa-battery-storage/) [![Peak Drive Sticker](https://peakpowerenergy.com/wp-content/uploads/2022/09/Peak.PowerEdits-3-scaled.jpg) Innovation Project ](https://peakpowerenergy.com/project/peak-drive-pilot-project/)## Peak Drive Pilot Project One of the largest vehicle-to-grid demonstration projects globally, this project featured 21 bi-directional EV chargers in three commercial office buildings in Toronto. … [ Read More read more ](https://peakpowerenergy.com/project/peak-drive-pilot-project/) [![95-St-Clair-Ave-W-Toronto-ON-Primary-Photo-1-Large](https://peakpowerenergy.com/wp-content/uploads/2022/09/95-St-Clair-Ave-W-Toronto-ON-Primary-Photo-1-Large.jpg) Commercial Project ](https://peakpowerenergy.com/project/st-clair-building-optimization-project/)## St. Clair West Energy Optimization Project This building energy optimization project was completed for 95 St Clair Avenue West, a 16-storey commercial office building serviced by Colliers International with Canadian cooperative The Desjardins Group – the… [ Read More read more ](https://peakpowerenergy.com/project/st-clair-building-optimization-project/) #### Proudly serving: #### Manufacturing and Processing Facilities [ LEARN HOW WE CAN HELP LEARN HOW WE CAN HELP ](/who-we-serve/manufacturing-processing/) #### Third-Party Logistics and Cold Storage Facilities [ LEARN HOW WE CAN HELP LEARN HOW WE CAN HELP ](/who-we-serve/logistics/) #### Multi-facility Campuses [ LEARN HOW WE CAN HELP LEARN HOW WE CAN HELP ](/who-we-serve/corporate-industrial-academic-campuses/) ## **Enabling the Decentralized Energy Revolution** Together, we’re enabling distributed energy resources in the built environment to tackle the rising costs of energy. Our 4D Energy StrategyTM aims to decentralize, democratize, digitalize, and decarbonize the energy industry. [ Learn more about our 4D Energy Strategy Learn more about our 4D Energy Strategy ](/about-us-distributed-energy-resources) ## Featured in: [ ![Financial Post Logo](https://peakpowerenergy.com/wp-content/uploads/2022/08/13.jpg) ](https://financialpost.com/globe-newswire/peak-power-partners-with-oshawa-power-to-demonstrate-a-path-to-distributed-clean-energy-for-utilities) [ ![forbes](https://peakpowerenergy.com/wp-content/uploads/2022/08/12.jpg) ](https://www.forbes.com/sites/peterdetwiler/2019/10/15/driving-change-transportation-and-electric-utility-industries-will-soon-collide--in-a-good-way/?sh=700ae64a47ca) [ ![Globe and mail home page](https://peakpowerenergy.com/wp-content/uploads/2022/12/Globe-and-mail-home-page.png) ](https://www.theglobeandmail.com/report-on-business/rob-commentary/canadian-energy-storage-startups-get-global-traction/article37210983/) [ ![microgrid](https://peakpowerenergy.com/wp-content/uploads/2022/08/4.jpg) ](https://microgridknowledge.com/microgrid-evs-market-signals/) [ ![](https://peakpowerenergy.com/wp-content/uploads/2024/12/facilities_black.svg) ](https://www.facilitiesdive.com/spons/what-every-industrial-facility-manager-needs-to-know-about-peak-shaving-and/725725/) ## See How Much You Can Save with a Battery Facilities with more than 1 MW of load – spending tens of thousands a month on electricity – can use battery energy storage to support their financial and sustainability objectives. Book your free virtual site assessment to see how much you can save. --- ### [EV Charger Management](https://peakpowerenergy.com/battery-energy-storage-development/ev-charger-management/) **Published:** October 17, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # EV Charger Management ## EV Smart Charging: The next evolution in energy storage and energy management [ TALK TO US TALK TO US ](/contact-peak-power-inc/) With most major vehicle brands pledging to go all-electric in the next few years, facility owners and operators who move fast to adopt electric vehicle (EV) technologies will be miles ahead of the competition. Peak Power enables buildings, utilities, system operators, and drivers to future-proof for the wide adoption of EVs in Canada and the United States. ![Delivery vans](https://peakpowerenergy.com/wp-content/uploads/2023/04/Electric-Fleets.jpeg) ## EV Charger Installation *Future-proof your facilities* It’s not just [building codes](https://www.clearview.ca/sites/default/files/docs/2018_ontario_building_code_ammendments_information_guide.pdf "https://www.clearview.ca/sites/default/files/docs/2018_ontario_building_code_ammendments_information_guide.pdf") demanding more charging infrastructure; it’s also becoming a major factor in long-term lease decisions, investability, and even employee, tenant, and guest attraction. We connect you with our EV charger partners and develop a solution for your current and future needs. ![Aerial View of Semi Trucks](https://peakpowerenergy.com/wp-content/uploads/2023/04/Commercial-and-Industrial-Facilities.jpeg) ## Smart Charging *Intelligent EV charger management* Along with our EV charging partner SWTCH, you can manage the growing energy demand from EV charging while minimizing the additional cost of electrical infrastructure upgrades. When paired with a battery energy storage system, there’s even more opportunities to reduce costs. ![Charging electric car](https://peakpowerenergy.com/wp-content/uploads/2022/07/Peak-Drive-Project-Desktop-2.webp) ## For Electric Fleets *Enterprise-scale smart charging* Do you currently have an electric fleet, or are you in the process of electrifying fleet vehicles? We can help you develop and manage your charging infrastructure. Even better, we can co-locate a battery storage system with your electric fleet so that you can maximize your ROI. By predicting the most cost-effective times for charging we can reduce your electric costs. ![Electric school bus energy storage](https://peakpowerenergy.com/wp-content/uploads/2024/01/Electric-school-buses-battery-energy-storage.jpg) ## Electric School Buses *Leveraging School Buses as an Energy Resource* Each day we’re discovering new use cases and business models for electric vehicles. They’re not just to travel “from point A to point B” anymore. Electric school buses present an incredible opportunity to leverage them as mobile energy storage units. Their batteries can store energy during periods of low demand and release it during peak demand hours – exactly when the buses are usually sitting idle. This enhances the overall efficiency and resilience of the energy infrastructure and helps to reduce energy costs. [ INNOVATION AT PEAK POWER INNOVATION AT PEAK POWER ](/commercial/innovation/) ![virtual powerplant](https://peakpowerenergy.com/wp-content/uploads/2023/01/virtualpowerplant.jpg) ## Toronto Pilot Putting Individuals in the Driver’s Seat We’ve shown how electric vehicles can build value for drivers. Peak Power installed 20 bi-directional vehicle chargers into two Dream Unlimited office buildings in Downtown Toronto. This successful demonstration project showed how vehicles can participate in the grid and make money – around $8,000 CAD per vehicle per year – in the process. If your building is part of the Industrial Conservation Initiative (ICI) and pays significant Global Adjustment costs in Ontario, we may be able to help. [ EXPLORE PEAK DRIVE EXPLORE PEAK DRIVE ](https://peakpowerenergy.com/project/peak-drive-pilot-project/) ![](https://peakpowerenergy.com/wp-content/uploads/2025/01/EV-charger-management-north-america-1024x683.jpg) ## The Technology of Tomorrow is Here Today As the integration of electric vehicles grows, Peak Power is developing a framework for what increased demand will mean for our grid. And we’re deploying adaptive solutions. Our smart charging technology can mitigate strain on the electricity grid and provide customers avenues for energy resiliency and cost sustainability. ![car](https://peakpowerenergy.com/wp-content/uploads/2023/03/car.png) ## Chargers installed or connected by Peak Power 0 ![Charging station](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-5.png) ## Public charging points needed by 2030 0 M ![public sharing](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-244.png) ## Public charging points available as of 2024 0 \*Based on data from [EY Canada](https://web.archive.org/web/20240903025735/https://www.ey.com/en_ca/news/2019/10/2019-canadian-energy-demands-will-change-with-estimated-13-2-million-electric-vehicles-on-the-road-by-2030 "https://web.archive.org/web/20240903025735/https://www.ey.com/en_ca/news/2019/10/2019-canadian-energy-demands-will-change-with-estimated-13-2-million-electric-vehicles-on-the-road-by-2030"), [National Electric Highway Coalition](https://www.utilitydive.com/news/major-us-utilities-plan-nationwide-charging-network-anticipating-22m-evs-b/611150/ "https://www.utilitydive.com/news/major-us-utilities-plan-nationwide-charging-network-anticipating-22m-evs-b/611150/"), [Canadian Vehicle Manufacturers Association](https://www.cbc.ca/news/science/electric-vehicle-charging-stations-1.6293915 "https://www.cbc.ca/news/science/electric-vehicle-charging-stations-1.6293915"), [US Joint Office of Energy and Transportation](https://driveelectric.gov/stations "https://driveelectric.gov/stations"), and [Natural Resources Canada](https://www.nrcan.gc.ca/energy-efficiency/transportation-alternative-fuels/electric-charging-alternative-fuelling-stationslocator-map/20487#/analyze?country=CA&fuel=ELEC "https://www.nrcan.gc.ca/energy-efficiency/transportation-alternative-fuels/electric-charging-alternative-fuelling-stationslocator-map/20487#/analyze?country=CA&fuel=ELEC"). ![peakpower zevip announcement](https://peakpowerenergy.com/wp-content/uploads/2023/03/peakpower_zevip-announcement_220712.webp) ## News Highlight ## Peak Power Receives $765,000 From Canadian Government to Deploy 117 V1G EV Chargers In the summer of 2022, Natural Resources Canada (NRCan) selected Peak Power to receive $765,000 for a $1.6 million project to deploy 117 V1G chargers as part of the Canadian federal government’s Zero Emission Vehicle Infrastructure Program (ZEVIP). The 117 chargers will encourage the adoption of EVs, as drivers have access to expanded infrastructure for charging. From the perspective of grid operators, the intelligent nature of the Peak Power software will allow more capacity from the grid without requiring major infrastructure upgrades. [ READ ALL ABOUT IT READ ALL ABOUT IT ](https://financialpost.com/globe-newswire/peak-power-receives-765000-from-canadian-government-to-deploy-117-v1g-ev-chargers) ## Partner Ecosystem We collaborate with leading companies to unlock the full potential of distributed energy resources, translating the value of energy resources for diverse stakeholders and industries to advance the clean energy transition. [ ](https://www.nissan-global.com/EN/) [ ](https://swtchenergy.com/) [ ](https://electricautonomy.ca/) ## Don’t Stall on Future-Proofing: Pair battery development with EV chargers to future-proof your facilities and further enhance your energy management strategies. Talk to us today. --- ### [Incentives and Programs](https://peakpowerenergy.com/battery-energy-storage-operation-resources/incentives-programs/) **Published:** October 10, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # Incentives and Programs ## Resources to help you navigate energy incentives and demand response programs [ View FAQs View FAQs ](/battery-storage-resources/faqs/) The energy transition is a radical shift in the way we produce, distribute, and consume energy. Even in a changing world, there is broad support for Battery Storage and Demand Response Programs to create a more resilient, sustainable electricity system. However, navigating these programs can be overwhelming. With strong government backing for renewables in many regions, understanding which incentives apply to your project can feel like untangling a web of complex regulations. Energy markets are complex. We’re here to help. ## Reduce Energy Costs & Boost Profitability ##### Download Your Free Curtailment Strategy Guide to learn: - Strategies that can reduce energy costs year-round. - How advanced technologies like battery storage, smart lighting, and predictive alerts help to optimize operations. - How other large manufacturers are implementing curtailment at their facilities. Whether you’re targeting immediate energy cost savings or long-term sustainability goals, this guide will help you get there. [ DOWNLOAD NOW DOWNLOAD NOW ](/battery-storage-resources/incentives-programs/#download-form) ![](https://peakpowerenergy.com/wp-content/uploads/2025/07/peak-power-curtailment-1.jpg) ## Energy Incentives and Demand Response Programs Use the buttons below to explore key energy incentives and demand response programs available in your region. Incentive Highlight Filter US Federal Canadian Federal New York State Massachusetts California New Jersey ## Investment Tax Credit (ITC) The Investment Tax Credit provides a federal incentive for commercial and large-scale battery storage projects, including standalone systems with a minimum capacity of 5 kWh. As updated by the Inflation Reduction Act and preserved under the One Big Beautiful Bill, battery storage projects are not subject to the accelerated construction-start deadlines that now apply to solar and wind. Instead, they remain eligible for the full 30% ITC if construction begins before 2033, with phase-downs beginning in 2034 and elimination after 2035. However, domestic content requirements and foreign entity sourcing restrictions still apply starting December 31, 2025 [ DEPARTMENT OF ENERGY WEBSITE DEPARTMENT OF ENERGY WEBSITE ](https://www.energy.gov/oe/energy-storage) ## Clean Peak Energy Standard Massachusetts was the first state in the US to enact a Clean Peak Standard through the 2018 Act to Advance Clean Energy, and took effect in August 2020. This is a policy mechanism that rewards renewable generation and energy storage systems that contribute to grid resiliency through demand response. [ PROGRAM WEBPAGE PROGRAM WEBPAGE ](https://www.mass.gov/info-details/clean-peak-energy-standard-guidelines) ## Solar Massachusetts Renewable Target (SMART) Massachusetts developed the SMART program through the Massachusetts Department of Energy Resources (DOER) to build the solar generating capacity of the state. The program was originally capped at 1,600 MW but recently doubled that to 3,200 MW due to the success of the program. [ SMART ENERGY STORAGE GUIDELINES SMART ENERGY STORAGE GUIDELINES ](https://www.mass.gov/doc/ess-guideline-clean-final-092221/download) ## EV Charging Station Program National Grid has developed an innovative Charging Station Program to install EV charging stations at minimal or no cost and provide other key incentives for EV charging. At Peak Power, we’re leaders in developing bi-directional Electric Vehicle (EV) charging to have EVs act as mobile batteries. It’s also a terrific way to enhance your portfolio’s brand and future-proof for tenant attraction. [ NATIONAL GRID PROGRAM WEBPAGE NATIONAL GRID PROGRAM WEBPAGE ](https://www.nationalgridus.com/Upstate-NY-Business/Energy-Alternatives/Commercial-and-Fleet-EV-Charging-Programs) ## California Electric Vehicle Infrastructure Project (CALeVIP) The California Electric Vehicle Infrastructure Project (CALeVIP) provides funding for installing publicly available EV charging stations to support the rapid adoption of electric vehicles across California. CALeVIP is a key part of the state’s plan to electrify the transportation sector. [ CALEVIP 2.0 WEBSITE CALEVIP 2.0 WEBSITE ](https://www.energy.ca.gov/programs-and-topics/programs/california-electric-vehicle-infrastructure-project-calevip-20) ## Smart Renewables and Electrification Pathways Program (SREPs) The Smart Renewables and Electrification Pathways Program (SREPs) provides up to $1.56 billion over eight years for smart renewable energy and electrical grid modernization projects. To compete with the aggressive incentives released in the US as part of the Inflation Reduction Act, the Canadian federal government has announced a recapitalization of the program as part of budget 2023. [ SREPs WEBSITE SREPs WEBSITE ](https://natural-resources.canada.ca/climate-change/green-infrastructure-programs/sreps/23566) ## Zero Emission Vehicle Infrastructure Program (ZEVIP) Peak Power is a proud recipient of ZEVIP funding in the amount of $1.6 million to deploy over 100 electric vehicle chargers in Ontario. The Zero Emission Vehicle Infrastructure Program (ZEVIP) is a $680 million initiative ending in 2027 and its objective is to address the lack of charging and refuelling stations in Canada. [ PROGRAM WEBPAGE PROGRAM WEBPAGE ](https://natural-resources.canada.ca/energy-efficiency/transportation-alternative-fuels/zero-emission-vehicle-infrastructure-program/21876) ## Clean Technology Investment Tax Credit Offers a 30% refundable tax credit for commercial and industrial investments in battery storage systems—as well as solar, wind, and other clean tech—placed in service between March 28, 2023 and December 31, 2033. This credit applies to stationary electricity storage that doesn’t use fossil fuels and is fully refundable, making it accessible to taxable and non‑taxable entities alike. [ GOVERNMENT OF CANADA WEBPAGE GOVERNMENT OF CANADA WEBPAGE ](https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/corporations/business-tax-credits/clean-economy-itc/clean-technology-itc/property-qualifies-ct-itc.html?utm_source=chatgpt.com) ## Distributed Electricity Backup Assets (DEBA) Program Eligible technologies include zero- or low-emission Distributed Energy Resources (DERs) such as battery energy storage systems and fuel cells, installed at new or existing facilities. In addition to funding support, participants may be required to provide grid support during emergencies, ensuring both operational value and system resilience. Further program details, including funding rounds and eligibility specifics, are expected as the initiative advances. [ DEBA Program Webpage DEBA Program Webpage ](https://www.energy.ca.gov/programs-and-topics/programs/distributed-electricity-backup-assets-program) ## Garden State Energy Storage Program Launched in 2025, the Garden State Energy Storage Program provides incentives for commercial and community-scale battery storage projects in New Jersey. Administered by the NJBPU, the program supports systems 1 MW and larger, with priority given to projects sited with solar, serving low- and moderate-income (LMI) communities, or located in overburdened areas. [ Read Release Read Release ](https://www.nj.gov/bpu/newsroom/2025/approved/20250618solar.html) ## From Our Blog [![Ontario Global Adjustment Costs: What's Driving GA Rates in 2026 and Beyond](https://peakpowerenergy.com/wp-content/uploads/2026/07/Ontario-Global-Adjustment_Nuclear-Plant.jpg)](https://peakpowerenergy.com/2026/08/07/ontario-global-adjustment-costs-whats-driving-ga-rates-in-2026-and-beyond/) #### [Ontario Global Adjustment Costs: What's Driving GA Rates in 2026 and Beyond](https://peakpowerenergy.com/2026/08/07/ontario-global-adjustment-costs-whats-driving-ga-rates-in-2026-and-beyond/) Ontario Global Adjustment (GA) is a charge applied to electricity bills that covers the difference between the market price of electricity and the actual cost of building, maintaining, and contracting the province’s… [Read Article](https://peakpowerenergy.com/2026/08/07/ontario-global-adjustment-costs-whats-driving-ga-rates-in-2026-and-beyond/) [![Grid Modernization Leadership: Perspectives from Women Energy Leaders](https://peakpowerenergy.com/wp-content/uploads/2026/03/Peak-Power-Blog-Header.png)](https://peakpowerenergy.com/2026/03/12/grid-modernization-leadership-perspectives-from-women-energy-leaders/) #### [Grid Modernization Leadership: Perspectives from Women Energy Leaders](https://peakpowerenergy.com/2026/03/12/grid-modernization-leadership-perspectives-from-women-energy-leaders/) Grid modernization leadership is being defined in real time as the electricity system evolves: more renewables, more battery energy storage development, more digitalization, higher peaks, and a faster pace of change across… [Read Article](https://peakpowerenergy.com/2026/03/12/grid-modernization-leadership-perspectives-from-women-energy-leaders/) [![Behind-the-Meter: Peak Power's Female Energy Storage Leaders](https://peakpowerenergy.com/wp-content/uploads/2026/03/IWD-Peak-Power-Behind-the-meter-energy-storage-female-leaders-1.png)](https://peakpowerenergy.com/2026/03/09/iwd-behind-the-meter-energy-storage/) #### [Behind-the-Meter: Peak Power's Female Energy Storage Leaders](https://peakpowerenergy.com/2026/03/09/iwd-behind-the-meter-energy-storage/) International Women’s Day is a moment to recognize the women shaping the systems we all rely on. At Peak Power, that work is centred on behind-the-meter energy storage: battery systems deployed at… [Read Article](https://peakpowerenergy.com/2026/03/09/iwd-behind-the-meter-energy-storage/) ## Profit from the Energy Transition Peak Power delivers comprehensive, end-to-end battery storage solutions that overcome the financial and operational barriers traditionally hindering C&I customers from adopting clean energy technologies. ## Operating in: ![peak power](https://peakpowerenergy.com/wp-content/uploads/2022/10/360_F_434162474_2BAhAlhwVk7tKbbqKBYeB3tssTacr61k-1-1.png) ## Ontario: IESO [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/ontario-managing-global-adjustment/) ![Seal of Massachusetts](https://peakpowerenergy.com/wp-content/uploads/2022/11/2048px-Seal_of_Massachusetts-1.png) ## Massachusetts: ISO-NE [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/massachusetts-energy-storage-incentives/) ![California](https://peakpowerenergy.com/wp-content/uploads/2022/11/NicePng_california-bear-png_1462679-1.png) ## California: CAISO [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/california-battery-storage-incentives/) ![New Jersey](https://peakpowerenergy.com/wp-content/uploads/2026/03/new-jersey.png) ## New Jersey: PJM [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/new-jersey/) ## Ready to Amp Up Your Energy Curtailment Strategy? ###### Download your Strategic Guide to Load Curtailment Today --- ### [News](https://peakpowerenergy.com/cleantech-energy-news/) **Published:** September 30, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** ## News and Media Coverage # Shaping the future of Cleantech and Energy [ Discover Peak Power Discover Peak Power ](/about-net-zero-building/) Peak Power is a North American cleantech leader empowering large energy users to profitably pursue sustainability and energy goals. Our business model eliminates traditional financial and operational barriers to clean energy technology adoption by providing battery storage solutions at no upfront cost to customers and by helping optimize their energy management strategies. **Use the sorting functions below to explore our media coverage and newsworthy stories.** Show All By Topic - Topic - Distributed Energy - Virtual Power Plants - Diversity, Equity, and Inclusion - Energy Storage - Sustainability - Electric Vehicles - Energy Transition By Type - Type - Podcast - Article - Video - Press Release - Webinar/Panel ![ICI: A Critical Tool to Ensure Grid Reliability in Ontario](https://peakpowerenergy.com/wp-content/uploads/2026/06/ICI-Global-Adjustment_Darlington-Nuclear.png)### [ ICI: A Critical Tool to Ensure Grid Reliability in Ontario ](https://www.energystoragecanada.org/esc-blog/ici-a-critical-tool-to-ensure-grid-reliability-in-ontario) Ontario's electricity system is entering one of the most consequential periods in its history. Against that backdrop, this is exactly the right moment to reinforce one of Ontario's most proven... [ Read Article ](https://www.energystoragecanada.org/esc-blog/ici-a-critical-tool-to-ensure-grid-reliability-in-ontario) ![Peak Power Strengthens Board as Demand for Battery Storage and Grid Flexibility Accelerates](https://peakpowerenergy.com/wp-content/uploads/2026/06/Doran-Hole-Benjamin-Baker.png)### [ Peak Power Strengthens Board as Demand for Battery Storage and Grid Flexibility Accelerates ](https://www.thestar.com/globenewswire/peak-power-strengthens-board-as-demand-for-battery-storage-and-grid-flexibility-accelerates/article_9e858110-1d78-5224-a9e0-2ce9ad5bbfa3.html) Doran Hole and Benjamin Baker bring deep clean energy, capital markets, and infrastructure investment experience as rising capacity prices sharpen the need for fast, flexible, dependable energy solutions [ Read News Release ](https://www.thestar.com/globenewswire/peak-power-strengthens-board-as-demand-for-battery-storage-and-grid-flexibility-accelerates/article_9e858110-1d78-5224-a9e0-2ce9ad5bbfa3.html) ![Dependable Flexibility: The Fastest Path to a Resilient Grid](https://peakpowerenergy.com/wp-content/uploads/2025/12/Grid-Resiliency-Data-Centre.png)### [ Dependable Flexibility: The Fastest Path to a Resilient Grid ](https://thefutureeconomy.ca/op-eds/dependable-flexibility-the-fastest-path-to-a-resilient-grid/) The next phase of the clean energy transition won’t be defined by who can build the biggest assets. It will be defined by who can build the fastest, most dependable... [ Read Op-Ed ](https://thefutureeconomy.ca/op-eds/dependable-flexibility-the-fastest-path-to-a-resilient-grid/) ![Government of Canada Invests to Modernize Ontario’s Electricity Grid — Ensuring More Reliable Power for Ontarians](https://peakpowerenergy.com/wp-content/uploads/2025/08/Website_News-Article-NRCAN-EIP-2025.jpg)### [ Government of Canada Invests to Modernize Ontario’s Electricity Grid — Ensuring More Reliable Power for Ontarians ](https://www.canada.ca/en/natural-resources-canada/news/2025/08/government-of-canada-invests-to-modernize-ontarios-electricity-grid--ensuring-more-reliable-power-for-ontarians.html) Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced over $13 million in federal funding to support five clean energy projects in Ontario that will help modernize existing electricity... [ Read News Release ](https://www.canada.ca/en/natural-resources-canada/news/2025/08/government-of-canada-invests-to-modernize-ontarios-electricity-grid--ensuring-more-reliable-power-for-ontarians.html) ![AI rewrites the corporate energy playbook](https://peakpowerenergy.com/wp-content/uploads/2025/07/AI-corporate-energy-playbook_AI.png)### [ AI rewrites the corporate energy playbook ](https://www.latitudemedia.com/news/open-circuit-ai-rewrites-the-corporate-energy-playbook/) Open Circuit Podcast, co-hosted by Stephen Lacey, Jigar Shah and Peak Power board member Katherine Hamilton. Together with their episode guest, Caroline Golin, they explore how emerging technologies are reshaping... [ Listen Now ](https://www.latitudemedia.com/news/open-circuit-ai-rewrites-the-corporate-energy-playbook/) ![4 Factors that Make Behind-the-Meter Battery Storage Financeable](https://peakpowerenergy.com/wp-content/uploads/2024/07/Rectangle-372.jpg)### [ 4 Factors that Make Behind-the-Meter Battery Storage Financeable ](https://www.nacleanenergy.com/energy-storage/4-factors-that-make-behind-the-meter-battery-storage-financeable) Financing behind-the-meter (demand-side) battery projects has always been challenging for commercial and industrial customers. Here are 4 factors that make it possible. [ Read Article ](https://www.nacleanenergy.com/energy-storage/4-factors-that-make-behind-the-meter-battery-storage-financeable) [ SEE MORE OF THIS SEE MORE OF THIS ](#) ## Views From The Peak: More From Our Blog ![Ontario Global Adjustment Nuclear Plant](https://peakpowerenergy.com/wp-content/uploads/2026/07/Ontario-Global-Adjustment_Nuclear-Plant-1024x727.jpg) ### Ontario Global Adjustment Costs: What’s Driving GA Rates in 2026 and Beyond This article breaks down what Ontario Global Adjustment is, how it’s calculated, why rates have been unusually volatile, and expectations for GA costs. [ READ BLOG POST ](https://peakpowerenergy.com/2026/08/07/ontario-global-adjustment-costs-whats-driving-ga-rates-in-2026-and-beyond/) ![Grid Modernization Leadership IWD](https://peakpowerenergy.com/wp-content/uploads/2026/03/Peak-Power-Blog-Header-1024x576.png) ### Grid Modernization Leadership: Perspectives from Women Energy Leaders Women leaders at Peak Power share what grid modernization leadership looks like in a technical, capital-intensive sector, plus the skills and mindsets shaping the future grid. [ READ BLOG POST ](https://peakpowerenergy.com/2026/03/12/grid-modernization-leadership-perspectives-from-women-energy-leaders/) ![IWD Peak Power Behind-the-meter energy storage female leaders](https://peakpowerenergy.com/wp-content/uploads/2026/03/IWD-Peak-Power-Behind-the-meter-energy-storage-female-leaders-1-1024x576.png) ### Behind-the-Meter: Peak Power’s Female Energy Storage Leaders IWD perspectives on grid modernization and behind-the-meter energy storage, including how batteries reduce peak costs & support a more flexible electricity system [ READ BLOG POST ](https://peakpowerenergy.com/2026/03/09/iwd-behind-the-meter-energy-storage/) ![Ontario Global Adjustment Nuclear Plant](https://peakpowerenergy.com/wp-content/uploads/2026/07/Ontario-Global-Adjustment_Nuclear-Plant-1024x727.jpg) ### Ontario Global Adjustment Costs: What’s Driving GA Rates in 2026 and Beyond This article breaks down what Ontario Global Adjustment is, how it’s calculated, why rates have been unusually volatile, and expectations for GA costs. [ READ BLOG POST ](https://peakpowerenergy.com/2026/08/07/ontario-global-adjustment-costs-whats-driving-ga-rates-in-2026-and-beyond/) ![Grid Modernization Leadership IWD](https://peakpowerenergy.com/wp-content/uploads/2026/03/Peak-Power-Blog-Header-1024x576.png) ### Grid Modernization Leadership: Perspectives from Women Energy Leaders Women leaders at Peak Power share what grid modernization leadership looks like in a technical, capital-intensive sector, plus the skills and mindsets shaping the future grid. [ READ BLOG POST ](https://peakpowerenergy.com/2026/03/12/grid-modernization-leadership-perspectives-from-women-energy-leaders/) ![IWD Peak Power Behind-the-meter energy storage female leaders](https://peakpowerenergy.com/wp-content/uploads/2026/03/IWD-Peak-Power-Behind-the-meter-energy-storage-female-leaders-1-1024x576.png) ### Behind-the-Meter: Peak Power’s Female Energy Storage Leaders IWD perspectives on grid modernization and behind-the-meter energy storage, including how batteries reduce peak costs & support a more flexible electricity system [ READ BLOG POST ](https://peakpowerenergy.com/2026/03/09/iwd-behind-the-meter-energy-storage/) [ VISIT THE ENERGIZED BLOG VISIT THE ENERGIZED BLOG ](/battery-storage-resources/blog/) ## Our Solutions Create Measurable Results ## Annual Value Generated per MW $ 0 ## Customer Value Created million ~$ 0 ## Battery Capacity Under Contract MWh ~ 0 ## Request a Press Kit We collaborate with media partners to spotlight the successes of our industry and engage in meaningful discussion about challenges. Topics include energy transition, decarbonization, grid reliability, distributed energy resources, cleantech, and more. **Fill out this form to request a Press Kit.** --- ### [Innovation](https://peakpowerenergy.com/commercial/innovation/) **Published:** August 3, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** # Innovation Projects ## Proving the business case for clean energy investments [ ABOUT OUR 4D Energy Strategy ABOUT OUR 4D Energy Strategy ](/about-us-distributed-energy-resources/) Our economies are on the cusp of a transformative clean energy era. As decentralization, digitalization, and decarbonization reshape the energy landscape, businesses and communities have unprecedented opportunities to make clean energy investments that deliver both immediate and long-term value. Through strategic partnerships and funding support, we’ve enhanced our offerings with cutting-edge technologies and product development. Our projects demonstrate how energy solutions can create a cleaner, more resilient grid while delivering measurable benefits to facilities, financiers, and system operators. From one of the first projects integrating buildings, batteries, and vehicles to operate as a single virtual power plant (VPP) to launching downtown Toronto’s first bi-directional electric vehicle project, we’ve proven how clean energy technologies can reduce costs, boost resiliency, and contribute to a sustainable future. ## Project Highlights [![40-Scotia-50KW-Tritium2](https://peakpowerenergy.com/wp-content/uploads/2023/05/40-Scotia-50KW-Tritium2-scaled.jpg) Innovation Project ](https://peakpowerenergy.com/project/developing-a-electric-vehicle-future/)## Developing an Electric Vehicle Future In the summer of 2022, Peak Power was one of the funding recipients of Natural Resources Canada’s (NRCan) Zero-Emissions Vehicle Incentive Program (ZEVIP), a federal initiative to support the installation… [ Read More read more ](https://peakpowerenergy.com/project/developing-a-electric-vehicle-future/) [![kearneymesa](https://peakpowerenergy.com/wp-content/uploads/2023/02/kearneymesa.jpg) Innovation Project ](https://peakpowerenergy.com/project/kearny-mesa-battery-storage/)## Battery Innovation in Kearny Mesa This innovative battery storage is one of the first projects to operate under FERC Order 841 and the CPUC’s decision on multi-use applications. … [ Read More read more ](https://peakpowerenergy.com/project/kearny-mesa-battery-storage/) [![Peak Drive Sticker](https://peakpowerenergy.com/wp-content/uploads/2022/09/Peak.PowerEdits-3-scaled.jpg) Innovation Project ](https://peakpowerenergy.com/project/peak-drive-pilot-project/)## Peak Drive Pilot Project One of the largest vehicle-to-grid demonstration projects globally, this project featured 21 bi-directional EV chargers in three commercial office buildings in Toronto. … [ Read More read more ](https://peakpowerenergy.com/project/peak-drive-pilot-project/) [ EXPLORE OUR SOLUTIONS EXPLORE OUR SOLUTIONS ](/energy-storage-solutions/) [ EXPLORE OUR SOLUTIONS EXPLORE OUR SOLUTIONS ](/energy-storage-solutions/) [ EXPLORE OUR SOLUTIONS EXPLORE OUR SOLUTIONS ](/energy-storage-solutions/) ## Developed with Support From [ ](https://natural-resources.canada.ca/home) [ ](https://www.ieso.ca/) [ ](https://en.wikipedia.org/wiki/Sustainable_Development_Technology_Canada) “Canada is home to many of the global leaders in real estate and Canadian proptech companies are increasingly playing a prominent role in advancing technology in the industry.” -Proptech Collective ## Peak Power in the News [![ICI: A Critical Tool to Ensure Grid Reliability in Ontario](https://peakpowerenergy.com/wp-content/uploads/2026/06/ICI-Global-Adjustment_Darlington-Nuclear.png)](https://peakpowerenergy.com/news-and-media/ici-grid-reliability-ontario/) #### [ICI: A Critical Tool to Ensure Grid Reliability in Ontario](https://peakpowerenergy.com/news-and-media/ici-grid-reliability-ontario/) Ontario's electricity system is entering one of the most consequential periods in its history. Against that backdrop, this is exactly the right moment to reinforce one… [READ BLOG POST](https://peakpowerenergy.com/news-and-media/ici-grid-reliability-ontario/) [![Peak Power Strengthens Board as Demand for Battery Storage and Grid Flexibility Accelerates](https://peakpowerenergy.com/wp-content/uploads/2026/06/Doran-Hole-Benjamin-Baker.png)](https://peakpowerenergy.com/news-and-media/board-doran-hole-benjamin-baker/) #### [Peak Power Strengthens Board as Demand for Battery Storage and Grid Flexibility Accelerates](https://peakpowerenergy.com/news-and-media/board-doran-hole-benjamin-baker/) Doran Hole and Benjamin Baker bring deep clean energy, capital markets, and infrastructure investment experience as rising capacity prices sharpen the need for fast, flexible, dependable… [READ BLOG POST](https://peakpowerenergy.com/news-and-media/board-doran-hole-benjamin-baker/) [![Dependable Flexibility: The Fastest Path to a Resilient Grid](https://peakpowerenergy.com/wp-content/uploads/2025/12/Grid-Resiliency-Data-Centre.png)](https://peakpowerenergy.com/news-and-media/energy-flexibility-grid-resiliency-farid-madhani/) #### [Dependable Flexibility: The Fastest Path to a Resilient Grid](https://peakpowerenergy.com/news-and-media/energy-flexibility-grid-resiliency-farid-madhani/) The next phase of the clean energy transition won’t be defined by who can build the biggest assets. It will be defined by who can build… [READ BLOG POST](https://peakpowerenergy.com/news-and-media/energy-flexibility-grid-resiliency-farid-madhani/) ![ICI Global Adjustment_Darlington Nuclear](https://peakpowerenergy.com/wp-content/uploads/2026/06/ICI-Global-Adjustment_Darlington-Nuclear.png) ### ICI: A Critical Tool to Ensure Grid Reliability in Ontario Ontario's electricity system is entering one of the most consequential periods in its history. Against that backdrop, this is exactly the right moment to reinforce... [ Read Article ](https://www.energystoragecanada.org/esc-blog/ici-a-critical-tool-to-ensure-grid-reliability-in-ontario) ![Doran Hole Benjamin Baker Peak Power Board](https://peakpowerenergy.com/wp-content/uploads/2026/06/Doran-Hole-Benjamin-Baker.png) ### Peak Power Strengthens Board as Demand for Battery Storage and Grid Flexibility Accelerates Doran Hole and Benjamin Baker bring deep clean energy, capital markets, and infrastructure investment experience as rising capacity prices sharpen the need for fast, flexible,... [ Read Article ](https://www.thestar.com/globenewswire/peak-power-strengthens-board-as-demand-for-battery-storage-and-grid-flexibility-accelerates/article_9e858110-1d78-5224-a9e0-2ce9ad5bbfa3.html) ![Grid Resiliency Data Centre](https://peakpowerenergy.com/wp-content/uploads/2025/12/Grid-Resiliency-Data-Centre.png) ### Dependable Flexibility: The Fastest Path to a Resilient Grid The next phase of the clean energy transition won’t be defined by who can build the biggest assets. It will be defined by who can... [ Read Article ](https://thefutureeconomy.ca/op-eds/dependable-flexibility-the-fastest-path-to-a-resilient-grid/) ![ICI Global Adjustment_Darlington Nuclear](https://peakpowerenergy.com/wp-content/uploads/2026/06/ICI-Global-Adjustment_Darlington-Nuclear.png) ### ICI: A Critical Tool to Ensure Grid Reliability in Ontario Ontario's electricity system is entering one of the most consequential periods in its history. Against that backdrop, this is exactly the right moment to reinforce... [ Read Article ](https://www.energystoragecanada.org/esc-blog/ici-a-critical-tool-to-ensure-grid-reliability-in-ontario) ![Doran Hole Benjamin Baker Peak Power Board](https://peakpowerenergy.com/wp-content/uploads/2026/06/Doran-Hole-Benjamin-Baker.png) ### Peak Power Strengthens Board as Demand for Battery Storage and Grid Flexibility Accelerates Doran Hole and Benjamin Baker bring deep clean energy, capital markets, and infrastructure investment experience as rising capacity prices sharpen the need for fast, flexible,... [ Read Article ](https://www.thestar.com/globenewswire/peak-power-strengthens-board-as-demand-for-battery-storage-and-grid-flexibility-accelerates/article_9e858110-1d78-5224-a9e0-2ce9ad5bbfa3.html) ![Grid Resiliency Data Centre](https://peakpowerenergy.com/wp-content/uploads/2025/12/Grid-Resiliency-Data-Centre.png) ### Dependable Flexibility: The Fastest Path to a Resilient Grid The next phase of the clean energy transition won’t be defined by who can build the biggest assets. It will be defined by who can... [ Read Article ](https://thefutureeconomy.ca/op-eds/dependable-flexibility-the-fastest-path-to-a-resilient-grid/) ## Commercial Projects Our commercial solutions are making it profitable for large energy users to pursue net zero. Across Canada and the United States, our commercial solutions are enabling businesses to lower energy costs, generate new revenue streams, and contribute to broader decarbonization efforts. Explore how our distributed energy resources projects are empowering businesses to profit from the clean energy transition. [ SEE COMMERCIAL PROJECTS SEE COMMERCIAL PROJECTS ](/commercial/) ## Benefit From Our Energy Storage Expertise Contact us about our no-cost energy storage development services, or if you need to optimize your current energy storage asset. --- ### [Energy Optimization Solutions](https://peakpowerenergy.com/energy-storage-management/) **Published:** October 17, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # Energy Storage Management and Energy Optimization ## Optimize your Energy Strategy with Peak Power [ EXPLORE THE BENEFITS EXPLORE THE BENEFITS ](/energy-storage-benefits/) Transform how your facility manages energy, with or without an on-site battery storage system. Since 2015, we’ve helped customers save tens of millions through unmatched forecasting accuracy, deep energy market expertise, and 24/7 remote battery operations—so you don’t have to lift a finger. Our industry-leading forecasting accuracy of greater than 90% ensures you capture the most savings with the minimum amount of event prediction calls. Whether you need full-service battery optimization to improve the performance of your energy storage asset, or are simply looking for affordable coincident peak event notifications to curtail load during grid events, we’ve got you covered. - **Reduce electricity costs** by strategically curtailing energy load during expensive peak demand charges. - **Minimize Operational Impact** by tapping into the same powerful grid event forecasting accuracy we rely on to operate our batteries. ![Modern container battery](https://peakpowerenergy.com/wp-content/uploads/2023/04/Energy-Storage-Optimization.jpeg) ## Energy Storage Management Our Energy Markets and Asset Operations teams operate your energy storage system to cut energy costs and unlock lucrative energy incentives, programs, and value streams. We’ll maximize the value generated from energy storage. [ LEARN MORE LEARN MORE ](/energy-storage-solutions/energy-storage-management/energy-management-services) ![Female engineer is checking](https://peakpowerenergy.com/wp-content/uploads/2023/04/Building-Energy-Management.jpeg) ## Grid Event Forecasting and Notifications Our GridPredict service provides actionable and timely insights to optimize your energy management strategy. With industry-leading forecasting accuracy, your team can manage peak demand with less calls. [ LEARN MORE LEARN MORE ](/energy-storage-solutions/energy-storage-management/coincident-peak-notifications) ## **Why Peak Power?** ### Industry-Leading Forecasting Our Forecasting team is comprised of meteorologists and data experts who analyze real-time and historical weather patterns, grid data, and solar capacity. We have an industry-leading track record of 90%+ accuracy in predicting system peaks in Ontario, New England, New York state, and California. ### Energy Markets Expertise Our Energy Markets team have a deep knowledge of incentives and programs. They develop optimization strategies to operate batteries across multiple – even competing – revenue streams. They stay apprised of evolving regulations and programs, ensuring we are always delivering the best value possible. ### Worry-Free Battery Operation Our 24/7 Asset Operations team control and operate each battery. Their work is informed by the Forecasting and Energy Markets teams, and strengthened by their own expertise as they adapt to changing grid conditions. Battery charge and discharge is augmented by our proprietary tools that scale the accuracy and volume of operation. ### Partner Ecosystem We collaborate with leading companies to unlock the full potential of distributed energy resources, translating the value of energy resources for diverse stakeholders and industries to advance the clean energy transition. [ ](https://en.wikipedia.org/wiki/Sustainable_Development_Technology_Canada) ## **Project Highlight** ![kearneymesa](https://peakpowerenergy.com/wp-content/uploads/2023/02/kearneymesa.jpg) ## Battery Storage System Innovation This innovative energy storage system is believed to be the first project of its kind to operate under FERC Order 841 and the CPUC’s decision on multi-use applications. This through-the-meter application of battery storage enables it to operate as a behind-the-meter or a front-of-the-meter resource. We provide energy storage management solutions to gain maximum value from the asset. [ EXPLORE OTHER PROJECTS EXPLORE OTHER PROJECTS ](/commercial/) ### Location: San Diego, California ### Client: Mitsubishi ### Energy cost savings: $394,105 [ EXPLORE OTHER PROJECTS EXPLORE OTHER PROJECTS ](https://peakpowerenergy.com/projects-battery-energy-storage-system/innovation/) ## Project Highlight | Industry Leading Energy Storage Management ![kearneymesa](https://peakpowerenergy.com/wp-content/uploads/2023/02/kearneymesa.jpg) ## Battery Storage System Innovation ### Location: San Diego, California ### Client: Mitsubishi ### Energy cost savings: $394,105 ### Emissions Avoided: 6,048 tCO2e This innovative energy storage system is believed to be the first project of its kind to operate under FERC Order 841 and the CPUC’s decision on multi-use applications. This through-the-meter application of battery storage enables it to operate as a behind-the-meter or a front-of-the-meter resource. We provide energy storage management solutions to get maximum value from the asset. [ EXPLORE OTHER PROJECTS EXPLORE OTHER PROJECTS ](/commercial/) ## Making it Profitable to Pursue Net Zero Tap into the same proprietary software we use to operate and optimize our battery systems. At Peak Power, we’re helping large energy users across North America reduce electricity costs, unlock new revenue streams, and pursue sustainability goals. ### Operating in: ![Ontario](https://peakpowerenergy.com/wp-content/uploads/2022/11/360_F_434162474_2BAhAlhwVk7tKbbqKBYeB3tssTacr61k-1.png) #### Ontario: IESO [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/ontario-managing-global-adjustment/) ![Seal of Massachusetts](https://peakpowerenergy.com/wp-content/uploads/2022/11/2048px-Seal_of_Massachusetts-1.png) ## Massachusetts: ISO-NE [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/massachusetts-energy-storage-incentives/) ![New Jersey](https://peakpowerenergy.com/wp-content/uploads/2026/03/new-jersey.png) ## New Jersey: PJM [ LEARN HOW WE HELP LEARN HOW WE HELP ](https://peakpowerenergy.com/where-we-work/new-jersey/) ![new york state](https://peakpowerenergy.com/wp-content/uploads/2022/11/new-york-state-seal-1.png) ## New York: NYISO [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/managing-nyiso-icap/) ![colliers](https://peakpowerenergy.com/wp-content/uploads/2023/03/colliers.png) “We are really happy with how easily we were able to get set up, and how quickly we started getting value.” ## Energy markets are complex. We make them simple. Contact us for a no-obligation discovery call to see how we can optimize your energy management strategy. --- ### [About Peak Power](https://peakpowerenergy.com/about-us-distributed-energy-resources/) **Published:** September 30, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # About Peak Power ## Powering a Future of Distributed Energy Resources [ Contact peak power Contact peak power ](/contact-peak-power-inc/) Battery energy storage has the potential to transform the energy sector. With the right technology, batteries can collect energy when it’s cheap, clean, and abundant to use when the grid is dirty, expensive, or strained. **At Peak Power, we’re empowering businesses across industries to participate in the clean energy transition.** We translate the value of battery energy storage for large energy users and strategic investors. Our technology creates tangible financial benefits by integrating these assets onto sites and into portfolios. Through our energy markets expertise and industry-leading forecasting capabilities, Peak Power is helping industrial and manufacturing facilities, large commercial buildings, and strategic investors get greater returns from their investments while pursuing sustainability goals. We’ve developed a 4D Energy Strategy™ for how we look at the solution to this challenge: #### DECENTRALIZATION Flattens system peaks and reduces reliance on large power plants. #### DEMOCRATIZATION Empowers consumers of energy to become active market participants. #### DIGITALIZATION Enhances energy management through smart grids and software solutions. #### DECARBONIZATION Solves the intermittency challenges of renewables. ## Energy Markets are Complex. We Make them Simple. ![Purpose](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group.png)### Our Purpose To drive the clean energy transition. ![Vision](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-1.png)### Our Vision To make dirty power plants obsolete. ![Mission](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-2.png)### Our Mission To make it profitable to pursue net zero. ## Our Work Peak Power delivers end-to-end battery storage development and energy optimization solutions powered by industry-leading peak forecasting and market intelligence. We help large energy users significantly reduce electricity costs, unlock new revenue streams, and pursue sustainability goals. Through strategic investor partnerships, we remove capital cost barriers with zero-capex energy storage offered through a shared-savings model, aligning with customer success by prioritizing battery performance. ![Grid monitoring](https://peakpowerenergy.com/wp-content/uploads/2023/04/20-1024x538.jpg) ## Our Team At Peak Power, our success is driven by a world-class team and the strategic support of prominent investors. Our leadership brings deep expertise from industry-leading national and multi-national brands, combining knowledge in renewable energy, project finance, software development, and startup growth. With a proven track record across sectors such as utility-scale power generation, real estate development, and energy infrastructure, our team delivers comprehensive capabilities for behind-the-meter storage deployment. [ MEET OUR LEADERSHIP TEAM MEET OUR LEADERSHIP TEAM ](/about-us-distributed-energy-resources/peak-power-team/) ### Partner Ecosystem We collaborate with leading companies to unlock the full potential of distributed energy resources, translating the value of energy resources for diverse stakeholders and industries to advance the clean energy transition. [ ](https://www.madisonei.com/) [ ](https://www.lightshift.com/) [ ](https://swtchenergy.com/) [ ](https://en.wikipedia.org/wiki/Sustainable_Development_Technology_Canada) ## Peak Power in the News We advocate for the expansion of distributed energy resources and new ways to enable a cleaner and more prosperous electricity future for all. Check out where we’ve been featured. ![ICI Global Adjustment_Darlington Nuclear](https://peakpowerenergy.com/wp-content/uploads/2026/06/ICI-Global-Adjustment_Darlington-Nuclear.png) ### ICI: A Critical Tool to Ensure Grid Reliability in Ontario Ontario's electricity system is entering one of the most consequential periods in its history. Against that backdrop, this is exactly the right moment to reinforce... [ Read Article ](https://www.energystoragecanada.org/esc-blog/ici-a-critical-tool-to-ensure-grid-reliability-in-ontario) ![Doran Hole Benjamin Baker Peak Power Board](https://peakpowerenergy.com/wp-content/uploads/2026/06/Doran-Hole-Benjamin-Baker.png) ### Peak Power Strengthens Board as Demand for Battery Storage and Grid Flexibility Accelerates Doran Hole and Benjamin Baker bring deep clean energy, capital markets, and infrastructure investment experience as rising capacity prices sharpen the need for fast, flexible,... [ Read Article ](https://www.thestar.com/globenewswire/peak-power-strengthens-board-as-demand-for-battery-storage-and-grid-flexibility-accelerates/article_9e858110-1d78-5224-a9e0-2ce9ad5bbfa3.html) ![Grid Resiliency Data Centre](https://peakpowerenergy.com/wp-content/uploads/2025/12/Grid-Resiliency-Data-Centre.png) ### Dependable Flexibility: The Fastest Path to a Resilient Grid The next phase of the clean energy transition won’t be defined by who can build the biggest assets. It will be defined by who can... [ Read Article ](https://thefutureeconomy.ca/op-eds/dependable-flexibility-the-fastest-path-to-a-resilient-grid/) [ SEE ALL NEWS SEE ALL NEWS ](/cleantech-news/) ### Awards and Recognition Big challenges need big solutions—and Peak Power is proud to be recognized for the work we’re doing. ![PP logo awards](https://peakpowerenergy.com/wp-content/uploads/2022/07/PP-logo-awards-160223-01-1-1.png) **Winner: Champion of Diversity, Equity, and Inclusion in Energy Storage** *Energy Storage Canada* This award aims to recognize corporations that consistently advocate for diversity, equity, and inclusion within their organization or the industry broadly. In the case of Peak Power, we’ve built diversity into our hiring and internal processes, putting policy into practice. [ LEARN MORE ABOUT THE AWARD LEARN MORE ABOUT THE AWARD ](https://www.proptechcollective.com/propel-award) ## Profit from the Energy Transition Contact us to see how you can unlock the value of your energy operations. [ SCHEDULE A CALL WITH PEAK POWER SCHEDULE A CALL WITH PEAK POWER ](/contact-peak-power-inc/) --- ### [Benefits](https://peakpowerenergy.com/energy-storage-benefits/) **Published:** October 26, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # Energy Storage Benefits ## Making it Profitable to Pursue Net Zero [ CONTACT PEAK POWER CONTACT PEAK POWER ](/contact-peak-power-inc/) Running a facility is tough. You’re juggling rising energy costs, deferred maintenance, unexpected repairs, demanding efficiency targets, and sustainability goals—all while keeping operations running smoothly. We get it. You need solutions that not only address these challenges but also make life easier. That’s where Peak Power comes in. Our end-to-end battery energy storage solutions make energy management a little simpler. We free up your time, reduce costs, and provide an avenue to pursue your sustainability goals through batteries–all with a **zero capex** energy storage system. The result? Lower operating expenses, increased revenue opportunities, and smoother maintenance and operations, without the financial or operational risks of self-financing a battery system or having to hire specialized labour to operate it on your own. ![Manufacturing Facility](https://peakpowerenergy.com/wp-content/uploads/2024/12/Manufacturing-Facility2.jpg) ## Manufacturing and Processing Facilities Reduce electricity costs without shifting or sacrificing production schedules. Use available land for battery storage or solar, saving you on energy costs, providing you access to lucrative clean energy incentives, and supporting your sustainability goals. [ LEARN MORE LEARN MORE ](/who-we-serve/manufacturing-processing/) ![](https://peakpowerenergy.com/wp-content/uploads/2024/12/Warehousing-and-Logistics.jpg) ## Warehousing, Distribution, and Cold Storage Manage growing energy needs as you electrify refrigeration and fleet vehicles. Enable the integration of renewables that bring you closer to achieving a zero-energy building. [ LEARN MORE LEARN MORE ](/who-we-serve/logistics/) ![Campus Power](https://peakpowerenergy.com/wp-content/uploads/2024/12/Corporate-Campus2.jpg) ## Corporate, Industrial, and Academic Campuses Leverage energy storage across your footprint. Drive attraction and retention, build bankability, reduce energy costs, tap into new revenue streams, and improve investment scoring. [ LEARN MORE LEARN MORE ](/who-we-serve/corporate-industrial-academic-campuses/) ## Energy markets are complex. We make them simple. Battery energy storage transforms energy consumption by collecting power when it’s cheap and clean and using it when the grid is strained or expensive. Our solutions are bridging the gap bridging the gap between an outdated, overstressed electrical grid and the energy-intensive demands of large commercial and industrial (C&I) users. Peak Power’s approach is comprehensive. From feasibility and permitting to financing, construction, and ongoing optimization, Peak Power offers a fully end-to-end energy storage solution that overcomes the financial and operational barriers traditionally hindering C&I customers from adopting clean energy technologies. Plus, our AI-enabled software forecasts grid peak events with over 90% accuracy, consistently delivering savings and revenue that exceed projections. ## Impact the Triple Bottom Line ![Planet](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-232.svg) ## ## Pursue environmental goals Reduce your facility’s need for carbon-intensive grid resources, support grid resiliency, and position your business for success in the grid of the future. ![profit](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-231.svg) ## ## Improve the bottom line Cut energy costs and generate revenue. Just as Airbnb enabled property owners to monetize underutilized space, Peak Power enables businesses to monetize their energy flexibility. ![people](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-230.svg) ## ## Tap into the power of our team Stay on the cutting edge by leveraging our team of energy experts to keep your energy strategy ahead of market changes, government policy, and emerging technology. ### Customer Value Created million ~$ 0 ### Annual Value Generated per Megawatt per MW $ 0 ### Battery Capacity Under Management MWh ~ 0 ## Trusted by: [ ](https://www.riocan.com/English/home/default.aspx) [ ](https://www.kruger.com/) [ ](https://www.mitsubishielectric.ca/en) [ ](https://ghpgroupinc.com/) “We are delighted to be one of the first commercial building owners in Canada to install behind-the-meter battery energy storage. Innovative technology such as energy storage and Peak Power’s software are providing options to building owners for better ways to manage our day-to-day energy needs.” ## –Starlight Investments ## Profit from the Energy Transition Peak Power delivers comprehensive, end-to-end battery storage solutions that overcome the financial and operational barriers traditionally hindering C&I customers from adopting energy technologies. [ WORK WITH PEAK POWER WORK WITH PEAK POWER ](/contact-peak-power-inc/) --- ### [Contact Us](https://peakpowerenergy.com/contact-peak-power-inc/) **Published:** October 3, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # Peak Power Inc. ## Contact us and let's start the conversation [ CALL NOW CALL NOW ](tel:888-732-5088) We help large energy users significantly reduce electricity costs, unlock new revenue streams, and achieve sustainability goals. If you’re ready to start a conversation about installing or optimizing energy storage and distributed energy assets, **contact us today.** ## Fill out this form to get in touch - [ Phone: (888) 732-5088 ](tel:(888)-732-5088) - [ Email: info@peakpowerenergy.com ](mailto:info@peakpowerenergy.com%20) [ X-twitter ](https://twitter.com/peakpower_inc) [ Linkedin ](https://www.linkedin.com/company/peak-power/) ## Peak Power Inc. Locations We are a North American cleantech company founded in Toronto with offices across the United States. ### Operating in: ![Ontario](https://peakpowerenergy.com/wp-content/uploads/2022/11/360_F_434162474_2BAhAlhwVk7tKbbqKBYeB3tssTacr61k-1.png) #### Ontario: IESO [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/ontario-managing-global-adjustment/) ![Seal of Massachusetts](https://peakpowerenergy.com/wp-content/uploads/2022/11/2048px-Seal_of_Massachusetts-1.png) ## Massachusetts: ISO-NE [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/massachusetts-energy-storage-incentives/) ![New Jersey](https://peakpowerenergy.com/wp-content/uploads/2026/03/new-jersey.png) ## New Jersey: PJM [ LEARN HOW WE HELP LEARN HOW WE HELP ](https://peakpowerenergy.com/where-we-work/new-jersey/) ![new york state](https://peakpowerenergy.com/wp-content/uploads/2022/11/new-york-state-seal-1.png) ## New York: NYISO [ LEARN HOW WE HELP LEARN HOW WE HELP ](https://peakpowerenergy.com/where-we-work/managing-nyiso-icap/) --- ### [Corporate, Industrial, and Academic Campuses](https://peakpowerenergy.com/who-we-serve/corporate-industrial-academic-campuses/) **Published:** November 3, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** ## Corporate, Industrial, and Academic Campuses # Commercial Battery Storage Solutions in Canada and the USA [ WE HAVE BATTERY STORAGE BATTERY OPTIMIZATION ](/energy-storage-solutions/energy-storage-management/) [ WE NEED BATTERY STORAGE BATTERY DEVELOPMENT ](/energy-storage-solutions/battery-energy-storage-development/) Corporate, industrial, and academic campuses have specialized needs. Buildings have different energy usage patterns and needs, depending on the amenities provided. There could be offices, a swimming pool, or an aerodynamic wind tunnel for testing prototypes. We help campuses of mid-to-large-scale buildings deploy commercial battery storage to drive competitiveness, mitigate emissions, and improve financial performance. - Universities - Corporate Campuses - Research Facilities - Museums - Universities - Corporate Campuses - Research Facilities - Museums ## Trusted by: [ ](https://dream.ca/) [ ](https://www.starlightinvest.com/) [ ](https://www.slateam.com/) [ ](https://ghpgroupinc.com/) ## Discover the Benefits of Commercial Battery Storage There are a host of benefits you can tap into when deploying battery energy storage systems. Implementing solutions that are good for the environment can also be good for business. ## Talent and Client Attraction and Retention Buildings are one of the leading sources of greenhouse gas emissions, and building occupants want alignment with personal values, particularly around sustainability. Commercial battery storage supports a cleaner grid and makes onsite renewable resources more valuable. Peak Power works with solar developers who can install carport and other solar arrays. ## Reduced Operating Costs Without Impacting Comfort and Productivity Battery energy storage systems enable your campus to participate in programs like demand response without ramping down HVAC or other essential equipment. Your buildings operate as normal from electricity stored in the battery when costs and emissions were low. [ EXPLORE ALL THE BENEFITS EXPLORE ALL THE BENEFITS ](/energy-storage-benefits/) ![Commercial battery storage campus facility](https://peakpowerenergy.com/wp-content/uploads/2025/01/Commercial-battery-storage-campus-1536x1025.jpg) ## EV Charger Integration for Corporate, Industrial, and Academic Campuses Are you seeing more and more EVs in your parking lot? Maybe you’re electrifying your fleet of vehicles. We can help you develop and manage your charging infrastructure. Even better, we can co-locate a battery storage system with your electric fleet so that you can maximize your ROI. [ LEARN MORE LEARN MORE ](/battery-energy-storage-development/ev-charger-management/) ## Operating In: ![peak power](https://peakpowerenergy.com/wp-content/uploads/2022/10/360_F_434162474_2BAhAlhwVk7tKbbqKBYeB3tssTacr61k-1-1.png) ## Ontario: IESO [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/ontario-managing-global-adjustment/) ![Seal of Massachusetts](https://peakpowerenergy.com/wp-content/uploads/2022/11/2048px-Seal_of_Massachusetts-1.png) ## Massachusetts: ISO-NE [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/massachusetts-energy-storage-incentives/) ![New Jersey](https://peakpowerenergy.com/wp-content/uploads/2026/03/new-jersey.png) ## New Jersey: PJM [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/new-jersey/) ![new york state](https://peakpowerenergy.com/wp-content/uploads/2022/11/new-york-state-seal-1.png) ## New York: NYISO [ LEARN HOW WE HELP LEARN HOW WE HELP ](https://peakpowerenergy.com/where-we-work/managing-nyiso-icap/) ## Project Highlight We developed batteries at 4 Westchester, New York sites to amplify the energy cost savings, commercially demonstrating one of the first distributed energy resource aggregation projects in the state. ![Commercial battery storage](https://peakpowerenergy.com/wp-content/uploads/2023/02/peakpower_westchester-1-scaled.jpg) ## Westchester Multi-Facility Energy Storage This project employs a shared-savings model. GHP (the owner) and Peak Power split the utility bill savings and market revenues from the battery’s operation. GHP takes on little to no risk while receiving energy cost savings, and Peak Power retains a portion of the revenue and savings we generate in exchange for purchasing, installing, operating, and maintaining the system. [ SEE ALL PROJECTS SEE ALL PROJECTS ](/commercial/) ### Location: Westchester, NY ### Client: GHP Realty ### Energy cost savings: $1,590,000 ## Project Highlight We developed batteries at 4 Westchester, New York sites to amplify the energy cost savings, in turn proving out one of the first distributed energy resource aggregation projects in the state. ![Commercial battery storage](https://peakpowerenergy.com/wp-content/uploads/2023/02/peakpower_westchester-1-scaled.jpg) ## Westchester Multi-Facility Energy Storage ### Location: Westchester, NY ### Client: GHP Realty ### Energy Cost Savings: $1,095,000 This project employs a shared-savings model. GHP (the owner) and Peak Power split the utility bill savings and market revenues from the battery’s operation. GHP takes on little to no risk while receiving energy cost savings, and Peak Power retains a portion of the revenue in exchange for installing, maintaining, and operating the system. [ SEE ALL PROJECTS SEE ALL PROJECTS ](/commercial/) “No issue ranks higher than climate change on our clients’ lists of priorities. They ask us about it nearly every day.” –Larry Fink CEO, BlackRock ## Book a Free Site Assessment Contact us to book your free virtual site assessment to determine how distributed energy resources could contribute to your financial and environmental goals. --- ### [Battery Development](https://peakpowerenergy.com/battery-energy-storage-development/) **Published:** November 1, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # Battery Development ## End-to-End Battery Energy Storage Solutions [ EXPLORE THE BENEFITS EXPLORE THE BENEFITS ](/energy-storage-benefits/) Rising electricity costs and tight budgets are putting increasing pressure on your operations. Traditional energy efficiency measures and demand response programs can only go so far, and relying on manual energy curtailment or cutting production isn’t a sustainable solution. Peak Power’s energy storage solutions help you navigate today’s energy challenges without compromising your operational needs. Peak Power helps you bridge the last mile gap between grid limitations and your energy demands, providing end-to-end battery development that delivers real results: - **Reduce electricity costs** by avoiding expensive peak demand charges. - **Generate revenue** by participating in energy markets and automating demand response curtailment strategies. - **Support sustainability goals** by reducing your demand during grid peaks and keeping dirty power plants offline. ## **How it Works: Our Proven 5-Step Process** ### Step 1: Feasibility Assessment ### Step 2: Project Management ### Step 3: Financing ### Step 4: Construction ### Step 5: Battery Operation and Optimization ![Aerial View of Semi Trucks at Warehouse](https://peakpowerenergy.com/wp-content/uploads/2023/04/Stock_warehouse-rooftop-solar.jpg) ## Modelling and Feasibility We start by analyzing your energy use profile to determine if battery storage is a viable solution for your facility. At this stage, we’ll ID potential hurdles like permitting, interconnection, or energy system upgrades. Bespoke site modelling is tailored to your facility’s specs and local market dynamics to determine if battery energy storage makes economic and environmental sense for your facility. [ LEARN MORE LEARN MORE ](/energy-storage-solutions/battery-energy-storage-development/feasibility-solar-energy-storage) ![peak power](https://peakpowerenergy.com/wp-content/uploads/2022/10/Rectangle-28.png) ## Project Management We’ll take the load off. From contracting and procurement to permitting and approvals, Peak Power manages every detail of the development process. In this phase, we complete project plans that keep you informed along the way. Leveraging our energy market expertise and project development talent, we work to make your project smooth and stress-free. [ LEARN MORE LEARN MORE ](/energy-storage-solutions/battery-energy-storage-development/project-management-ci-energy-storage/) ![Hansdhake](https://peakpowerenergy.com/wp-content/uploads/2023/03/Custom-Size-–-1-min-13.jpg) ## Financing Financing provides a truly end-to-end energy storage solution for our customers. Working with strategic clean energy investment partners, we eliminate the financial hurdle that often holds back the development of batteries, while removing development risks from our customers. Structured as a a shared savings agreement, we’re invested in your success – our earnings are tied to your savings. [ LEARN MORE LEARN MORE ](/energy-storage-solutions/battery-energy-storage-development/financing-battery-storage-cost) ![Construction Power Storage](https://peakpowerenergy.com/wp-content/uploads/2025/09/frames-for-your-heart-VoI2jd75M6Q-unsplash-scaled.jpg) ## Construction Once vendor contracts are signed and the equipment is on-site Peak Power’s Project Development team oversees the installation and connection of the battery energy storage system. We work diligently to keep the project on-time and on-budget, while keeping safety at the forefront. The actual construction phase is quite short and will have little to no impact on your facility operations. We can even schedule installation during planned maintenance or shutdowns. [ LEARN MORE LEARN MORE ](/energy-storage-solutions/battery-energy-storage-development/energy-storage-system-construction) ![Aerial shot of a utility-scale battery storage site](https://peakpowerenergy.com/wp-content/uploads/2025/08/iStock-2172501561.jpg) ## Battery Operation and Optimization We make sure your battery works hard for you. With industry-leading peak forecasting accuracy of over 90%, we maximize energy cost savings and revenue opportunities while seamlessly integrating into your operations. Every Peak Power battery site benefits from our proven software, which optimizes dispatch during peak demand and taps into multiple energy market value streams. We handle everything remotely—there’s no added labor or disruption for your team. Our software does the heavy lifting, so you can focus on your business while we ensure the system operates efficiently. Plus, we provide full maintenance throughout the battery’s lifecycle, keeping it reliable and delivering value year after year. [ LEARN MORE LEARN MORE ](/energy-storage-solutions/battery-energy-storage-development/industrial-demand-response-battery-optimization) ## **Seamless Integration with Other Clean Technologies** ### Solar Panels Generate renewable power on-site to maximize environmental benefits. ### EV Charging Smooth out demand peaks from EV charging and proactively manage the cost of charging. ### Building Automation Systems Integrate with your existing Building Automation Systems. ### Partner Ecosystem We collaborate with leading companies to unlock the full potential of distributed energy resources, translating the value of energy resources for diverse stakeholders and industries to advance the clean energy transition. ## Project Highlight: The Power of DERs ![Desjardins Website Project Highlight](https://peakpowerenergy.com/wp-content/uploads/2023/02/Desjardins-Website-Project-Highlight.png) ## Virtual Power Plant Demonstration What can be achieved when buildings, batteries, and electric vehicles work together? That’s the concept behind our Virtual Power Plant demonstration we completed in downtown Toronto. In 2020, we orchestrated 8 buildings, 4 batteries, and 12 EVs to respond to a peak event in Toronto. In a single 4-hour period, we generated over $10,500 in revenue from energy markets incentives by reducing total load by over 1 MW. [ EXPLORE OTHER PROJECTS EXPLORE OTHER PROJECTS ](/projects-battery-energy-storage-system/) ### Location: Toronto, Ontario ### Client: Multiple ### Revenue generated: $10,500 in 4 hours ### Load reduction: 1 MW ## Project Highlight: Zero Capex Energy Storage ![Lactalis](https://peakpowerenergy.com/wp-content/uploads/2023/02/Lactalis_Approved-1-scaled.jpg) ## Dairy Processing Facility Energy Storage 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 came to the table with solutions to tackle these issues through a shared savings model –– developing battery assets at five of their manufacturing facilities in Ontario without any capital expenditures from Lactalis Canada. [ EXPLORE OTHER PROJECTS EXPLORE OTHER PROJECTS ](/commercial/) ### Location: Ontario, Canada ### Client: Lactalis, Canada ### Energy Cost Savings: $714,000 cumulative ## Project Highlight | The Power of Batteries ![Lactalis](https://peakpowerenergy.com/wp-content/uploads/2023/02/Lactalis_Approved-1-scaled.jpg) ## Dairy Processing Facility Energy Storage ### Location: Ontario, Canada ### Client: Lactalis, Canada ### Energy Cost Savings: ~$121,00 Lactalis Canada required a solution that would position its facilities for future success and support its ESG commitments related to energy. They sought to mitigate the risks of rising energy prices through demand response, energy arbitrage, and peak shaving to reduce Global Adjustment costs. [ EXPLORE OTHER PROJECTS EXPLORE OTHER PROJECTS ](/commercial/) ## Making it Profitable to Pursue Net Zero Peak Power delivers an **end-to-end** battery storage solution powered by industry-leading peak forecasting and market intelligence. We help large energy users significantly reduce electricity costs, unlock new revenue streams, and achieve sustainability goals. Along with strategic investors, Peak Power removes capital cost barriers with a **zero-capex battery offering** through a performance-based shared savings model. We succeed when you save. ### Operating in: ![Ontario](https://peakpowerenergy.com/wp-content/uploads/2022/11/360_F_434162474_2BAhAlhwVk7tKbbqKBYeB3tssTacr61k-1.png) #### Ontario: IESO [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/ontario-managing-global-adjustment/) ![Seal of Massachusetts](https://peakpowerenergy.com/wp-content/uploads/2022/11/2048px-Seal_of_Massachusetts-1.png) ## Massachusetts: ISO-NE [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/massachusetts-energy-storage-incentives/) ![New Jersey](https://peakpowerenergy.com/wp-content/uploads/2026/03/new-jersey.png) ## New Jersey: PJM [ LEARN HOW WE HELP LEARN HOW WE HELP ](https://peakpowerenergy.com/where-we-work/new-jersey/) ![new york state](https://peakpowerenergy.com/wp-content/uploads/2022/11/new-york-state-seal-1.png) ## New York: NYISO [ LEARN HOW WE HELP LEARN HOW WE HELP ](https://peakpowerenergy.com/where-we-work/managing-nyiso-icap/) ![Diamond Generating](https://peakpowerenergy.com/wp-content/uploads/2022/11/Diamond_Generating_NoTag_Spot_Color.png) “Diamond Generating Corporation has been excited to work with Peak Power and has a high expectation with Peak Power’s software and overall capabilities … We were looking for the best solution to maximize the value of our energy storage asset in California.” ## Book a Free Site Assessment Book a free virtual site assessment. Find out if your facility could qualify for no-cost, end-to-end energy storage from Peak Power. ![](https://peakpowerenergy.com/wp-content/uploads/2023/05/1-2-1024x683-1.jpeg) --- ### [Manufacturing and Processing](https://peakpowerenergy.com/who-we-serve/manufacturing-processing/) **Published:** October 19, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** ## Manufacturing and Processing Facilities # Industrial Energy Management for Large Energy Users [ WE HAVE BATTERY STORAGE Battery Optimization ](/energy-storage-solutions/energy-storage-management/) [ WE NEED ENERGY STORAGE Battery Development ](/energy-storage-solutions/battery-energy-storage-development/) Industrial energy management–easy to say, hard to implement. With any manufacturing or industrial plant, 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](https://electricityplans.com/landing/electricity-for-manufacturing/ "https://electricityplans.com/landing/electricity-for-manufacturing/"), we understand the unique challenges energy managers, facility managers, and process engineers face. 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 acres of untapped potential. Available land can be developed to generate electricity and store it in on-site batteries. Paired with Peak Power’s intelligent software these energy assets can lower electricity costs, reduce scope 2 emissions, and introduce new revenue streams. - Packaging - Manufacturing Plants - Food Processing - Packaging - Manufacturing Plants - Food Processing ## Trusted by: [ ](https://www.kruger.com/) [ ](https://www.juddwire.com/) [ ](http://parmalat.ca/) ## Discover the Benefits of Energy Storage Optimization with Peak Power Energy storage has the power to reduce electricity costs while putting businesses on the path towards net zero. Peak Power makes this happen with minimal disruption to your facility’s operations. ## Capture Energy Incentives 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 available 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. ## Cost and Downtime Reduction Most manufacturing and processing facilities operate 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. Along with our full-service optimization service, you can achieve energy cost reduction without interruptions affecting output. Not to mention the GHG reductions you could be achieving to meet regulatory and reporting requirements. [ Find Energy Incentives Find Energy Incentives ](/battery-storage-resources/incentives-programs/) ![Industrial Energy Management facility](https://peakpowerenergy.com/wp-content/uploads/2025/01/Industrial-Energy-management-1536x1023.jpg) ## Energy Solutions for Manufacturing and Processing Facilities Peak Power is empowering businesses across industries to drive the clean energy transition. We provide an end-to-end battery storage optimization solution with best-in-class peak forecasting and market intelligence. Manufacturing and processing facilities can slash electricity costs, generate revenue, and pursue their sustainability goals. Along with strategic investors, we remove the hurdle of capital costs. Our unique performance-based model aligns the success of all parties. [ Discover End-to-End Energy Storage LEARN MORE ](/energy-storage-solutions/battery-energy-storage-development/) ## Operating in: ![peak power](https://peakpowerenergy.com/wp-content/uploads/2022/10/360_F_434162474_2BAhAlhwVk7tKbbqKBYeB3tssTacr61k-1-1.png) ## Ontario: IESO [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/ontario-managing-global-adjustment/) ![Seal of Massachusetts](https://peakpowerenergy.com/wp-content/uploads/2022/11/2048px-Seal_of_Massachusetts-1.png) ## Massachusetts: ISO-NE [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/massachusetts-energy-storage-incentives/) ![New Jersey](https://peakpowerenergy.com/wp-content/uploads/2026/03/new-jersey.png) ## New Jersey: PJM [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/new-jersey/) ![new york state](https://peakpowerenergy.com/wp-content/uploads/2022/11/new-york-state-seal-1.png) ## New York: NYISO [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/managing-nyiso-icap/) ## Project Highlight Peak Power designed a battery energy storage project that continues to deliver significant savings to our customer, without interfering with daily operations. ![Lactalis Project Highlight](https://peakpowerenergy.com/wp-content/uploads/2023/02/Lactlalis-Project-Highlight.png) ## Zero Cost Resiliency and Sustainability 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 came to the table with solutions to tackle these issues through a shared savings model –– developing battery assets at five of their manufacturing facilities in Ontario without any capital expenditures from Lactalis Canada. [ SEE ALL PROJECTS SEE ALL PROJECTS ](/commercial/) ### Location: Ontario, Canada ### Client: Lactalis Canada ### Value Created: $714,000 to-date ## Project Highlight Peak Power designed a battery energy storage project that continues to deliver significant savings to our customer, without interfering with daily operations. ![Lactalis](https://peakpowerenergy.com/wp-content/uploads/2023/02/Lactalis_Approved-1-scaled.jpg) ## Lactalis Project ### Location: Ontario, Canada ### Client: Lactalis, Canada ### Energy Cost Savings: ~$121,00 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. [ SEE ALL PROJECTS SEE ALL PROJECTS ](/commercial/) “As the saying goes, ‘the Stone Age did not end because we ran out of stones; we transitioned to better solutions.’ The same opportunity lies before us with energy efficiency and clean energy” –Steven Chu Former U.S. Secretary of Energy ## Book a Free Site Assessment Contact us to book your free virtual site assessment to determine how distributed energy resources could contribute to your financial and environmental goals. --- ### [Cold Storage, Warehousing, and Logistics](https://peakpowerenergy.com/who-we-serve/logistics/) **Published:** November 14, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** ## Logistics and Cold Storage Facilities # Energy storage management for warehouses, cold storage, and fulfillment centres [ WE HAVE BATTERY STORAGE BATTERY OPTIMIZATION ](/energy-storage-solutions/energy-storage-management/) [ WE NEED BATTERY STORAGE BATTERY DEVELOPMENT ](/energy-storage-solutions/battery-energy-storage-development/) Electricity is a major operational cost for warehouses and distribution centres, with much of it focused on climate control. And for cold storage facilities, the costs are much higher as refrigeration equipment can consume up to 70% of the total electricity. It’s no wonder that the vast majority of logistics companies have sustainability and energy efficiency targets. Battery energy storage is an excellent way to optimize logistics energy management. It enables the facility to shift energy consumption to cleaner and cheaper hours of the day, greatly reducing operating costs. Battery storage also enables the maximization of renewable energy resources, like onsite solar power. Paired with Peak Power’s intelligent management this can lower electricity costs, reduce scope 2 emissions, and introduce new revenue streams. Peak Power works with both tenants and facility owners to implement a solution that reduces OPEX while adding value to the property. - Warehouses - Distribution Centres - Cold Storage - Fulfillment Centres - Warehouses - Distribution Centres - Cold Storage - Fulfillment Centres ## Trusted by: [ ](http://parmalat.ca/) [ ](https://ghpoffice.com/) [ ](https://www.dgllc-us.com/) ## Discover the Benefits of Energy Storage Optimization with Peak Power Energy storage has the power to reduce electricity costs while putting businesses on the path towards net zero. Peak Power makes this happen with minimal disruption to your facility’s operations. ## Win-Win for Tenants and Owners A battery energy storage solution enables both tenants and owners to integrate a long-term sustainability initiative into their operations. Battery storage supports a cleaner grid and optimizes on-site renewable generation. Our performance-based model reduces electricity bills for tenants with triple net lease contracts with no capital cost required. ## Fleet Electrification Do you currently have an electric fleet, or are you in the process of electrifying fleet vehicles? We can help you develop and manage your charging infrastructure. Even better, we can co-locate a battery storage system with your electric fleet so that you can maximize your ROI. [ EXPLORE ALL THE BENEFITS EXPLORE ALL THE BENEFITS ](/energy-storage-benefits/) ![logistics energy management and cold storage](https://peakpowerenergy.com/wp-content/uploads/2025/01/logistics-energy-management-cold-storage-1536x1024.jpg) ## Energy Solutions for Warehousing, Distribution, and Cold Storage Peak Power is empowering businesses across industries to drive the clean energy transition. We provide an end-to-end battery storage optimization solution with best-in-class peak forecasting and market intelligence. Logistics companies can slash electricity costs, generate revenue, and pursue their sustainability goals. Along with strategic investors, we remove the hurdle of capital costs. Our unique performance-based model aligns the success of all parties. [ Discover end-to-end enegy storage LEARN MORE ](/energy-storage-solutions/battery-energy-storage-development/) ## Operating in: ![peak power](https://peakpowerenergy.com/wp-content/uploads/2022/10/360_F_434162474_2BAhAlhwVk7tKbbqKBYeB3tssTacr61k-1-1.png) ## Ontario: IESO [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/ontario-managing-global-adjustment/) ![Seal of Massachusetts](https://peakpowerenergy.com/wp-content/uploads/2022/11/2048px-Seal_of_Massachusetts-1.png) ## Massachusetts: ISO-NE [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/massachusetts-energy-storage-incentives/) ![New Jersey](https://peakpowerenergy.com/wp-content/uploads/2026/03/new-jersey.png) ## New Jersey: PJM [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/new-jersey/) ![new york state](https://peakpowerenergy.com/wp-content/uploads/2022/11/new-york-state-seal-1.png) ## New York: NYISO [ LEARN HOW WE HELP LEARN HOW WE HELP ](https://peakpowerenergy.com/where-we-work/managing-nyiso-icap/) ## Project Highlight We operate innovative projects throughout North America. The innovative projects inform our software and development services, maximizing the returns we can offer to our customers and financiers. ![ISO-NE](https://peakpowerenergy.com/wp-content/uploads/2023/05/iStock-669034940-e1786201147173.jpg) ## California’s First “Through-the-Meter” Battery Storage System This 1 MW / 4.2 MWh battery is believed to be California’s first through-the-meter project operating under FERC Order 841. The system is located behind-the-meter to provide traditional demand services, but is also equipped with a CAISO meter and RIG to provide ancillary services to support the grid and provide financial benefit to the customer. [ SEE ALL PROJECTS SEE ALL PROJECTS ](/commercial/) ### Location: San Diego, California ### Client: Diamond Generating LLC ### Value Created: $656,000 USD “No issue ranks higher than climate change on our clients’ lists of priorities. They ask us about it nearly every day.” –Larry Fink CEO, BlackRock ## Book a Free Site Assessment Contact us to book your free virtual site assessment to determine how distributed energy resources could contribute to your financial and environmental goals. --- ### [FAQs](https://peakpowerenergy.com/battery-energy-storage-operation-resources/faqs/) **Published:** October 3, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # FAQs ## Answer your questions about BESS energy, DERMS, DERs, and ESS [ EXPLORE THE BENEFITS EXPLORE THE BENEFITS ](/energy-storage-benefits/) As battery storage, BESS energy, DERs, and DERMS become more mainstream, more questions are coming up as we all get acquainted with the nuts and bolts of it all. We’ve put together this brief FAQ page to help you navigate some of the terminology and details. What is a typical customer savings split? The amount of savings split offered for our no-cost, end-to-end battery solutions depends on multiple factors including ISO, utility zone, tariff structures, site economics, load and system size. Generally it increases with system size, but generally customer savings are at minimum $70,000 per megawatt per year and upwards. How does Peak Power provide accurate prediction signals to clients? Our software processes over one billion data points daily, and our on-staff energy experts continuously monitor and adjust to supplement our software predictions, adding an extra layer of redundancy for customers. We employ multi-modal forecasting using both energy and weather data to achieve better accuracy. Most competitors model based on only one factor. How does Battery Storage help with environmental goals? Battery storage systems play a vital role in reducing greenhouse gas emissions by optimizing how electricity is used and stored. Batteries are a key technology to deal with the intermitency of renewables and the increasing energy demands of our economies. These systems charge during periods of low demand, typically when cleaner energy sources like wind and solar are most abundant. By discharging energy during peak demand, battery storage reduces reliance on fossil fuel peaker plants and helps contribute to grid resiliency. How does a Battery Energy Storage System (BESS) make money? The primary methods to generate financial value with a battery energy storage system (BESS) are: - **Coincident Peak (CP) Charges:** Different regions have different names for this charge. In Ontario, it is Global Adjustment, and in Massachusetts and New York, it is ICAP. These savings are based on the highest demand period of an entire ISO region. - **Non-Coincident Peak (NCP) Charges:** The savings generated on this area of the bill are known as “demand savings.” These savings are based on a facility’s highest demand hours in every month. - **Off-bill Savings:** These cost savings can include things like Wholesale Market Participation, and Demand Response. Demand Response incentivizes curtailment during periods of increased system-wide demand (grid resiliency). Choosing which value stream to operate for and knowing when demand spikes will happen is challenging. Peak Power’s Industry-Leading Optimization + Peak Forecasting software makes it simple and maximizes financial results for your facility. Can Peak Power’s services help us obtain points for LEED or BOMA Best certification? The number of BOMA and LEED points depends on what features you already have in your building (in case of overlap of features you are already doing such as energy monitoring), but our solutions could provide anywhere from 3 to 12 points for your certifications. How much space does a typical battery require? The space required for the system is determined by the kWh rating, or capacity of the battery. For example, 4,500 kWh battery would require approximately 800 square feet, roughly the size of a four standard parking spots. What is a typical timeline for battery development? Development will take a minimum of 10-12 months because of permitting and procurement. However, the actual construction is very short, typically around 4 weeks, and will have little impact on your facility. What is an Energy Storage System (ESS)? An energy storage system (ESS), sometimes referred to as a Battery Energy Storage System (BESS) consists of a battery, an inverter, and a controller. The majority of the batteries we deploy are Lithium-Ion due to their high energy density, low maintenance requirements, and strong track record of safety. Are Lithium-Ion batteries safe? Yes. The batteries are UL Certified and installed in accordance with local and national Codes and Standards. The batteries are designed with multiple layers of automatic safety shutoff controls and redundant fire suppression designs. To date thousands of Li-Ion systems have been deployed across North America and this number is expected to grow exponentially over the coming years. How do you account for the cost of battery degradation and charging in your optimization process? Battery degradation is one of the factors we account for in our optimization process. We evaluate whether the value generated by dispatching the battery outweighs the degradation cost, using specific degradation curves provided by each battery manufacturer. We also factor in the cost of charging the battery. This is included in our net energy savings settlement mechanism and overall optimization strategy. What are DERs? DERs is the acronym for Distributed Energy Resources. These can be anything from rooftop solar, behind-the-meter batteries, or electric vehicles. DERs can be connected behind-the-meter (at a host site) or in front-of-the-meter (into a local distribution system). ## Energy Markets are Complex. We Make them Simple Contact us for a no-obligation discovery call to see how we can optimize your energy management strategy. --- ### [Financing (Step 3)](https://peakpowerenergy.com/battery-energy-storage-development/financing-battery-storage-cost/) **Published:** November 16, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # A Zero CAPEX Battery Energy Storage Solution ## Remove the barrier of battery storage costs with Peak Power [ TALK TO US TALK TO US ](/contact-peak-power-inc/) Battery storage costs vary greatly by project and region, and the development costs alone can be in the millions. And, if you are self-financing, there are recurring costs for operation software, maintenance, and ongoing labour. Peak Power is a truly end-to-end solution. We manage the development financing and all costs associated with operations and maintenance, giving you a zero CAPEX, zero OPEX solution. Peak Power makes money based on a split of the savings and revenue. Battery storage can generate upwards of $226,000/MW annually in savings and market revenue. We operate all our energy storage projects as a partnership, with a shared savings agreement established at the outset. ## Leading Financing Partners Our industry-leading partnerships provide our customers with a source of capital to develop battery projects without incurring capital expenditures. We work with companies like Madison Energy Investments, which fund clean energy projects across the USA and Canada. ![Monitoring](https://peakpowerenergy.com/wp-content/uploads/2023/03/4-1-1024x683.jpeg) ![Men talking](https://peakpowerenergy.com/wp-content/uploads/2023/03/5-1024x683.jpeg) ## Performance Driven Peak Power’s shared savings model incentivizes our performance. Because we receive a share of the savings and revenue a battery generates we have a vested interest in providing the most accurate pro-forma and optimizing the performance through the lifetime of a project term. It’s why we have an independently verified track record of meeting and exceeding our financial forecasts. ## Zero CAPEX. Zero OPEX. With third-party ownership of a battery energy storage system, your facility is avoiding upfront development costs and recurring operating expenses to operate and maintain the battery. ![Grid monitoring](https://peakpowerenergy.com/wp-content/uploads/2023/03/6.png) [ Next Step: Construction Next Step: Construction ](/energy-storage-solutions/battery-energy-storage-development/energy-storage-system-construction/) ## We’ll Take the Load Off ## Mitigate the Risks Save energy, generate revenue, and tap into lucrative incentives without bearing development and market risk. ## Energy AI We are moving into an increasingly electrified and AI-enabled future. We help you realize the benefits of both. ## Future Proof Energy storage positions your facility to profit from the energy transition and support sustainability. ![energy management power](https://peakpowerenergy.com/wp-content/uploads/elementor/thumbs/iStock-1464158845-rjhxn6xpda11m4r9re237nbyam7cz80wpoi1taihkg.jpg "Night aerial view of a large logistics building with truck waiting to load the goods") ## Eliminate Battery Storage Costs Battery energy storage systems can slash your electricity bills without disrupting daily operations or adding to your workload. Use the savings to finally tackle deferred maintenance projects and keep your facility running smoothly. [ TALK TO OUR EXPERTS TALK TO OUR EXPERTS ](https://peakpowerenergy.com/contact-peak-power-inc/) ![BGIS](https://peakpowerenergy.com/wp-content/uploads/2022/11/image-36.png) “BGIS views Peak Power and its proprietary software as a leader in the emerging energy storage market and is impressed at its understanding of the needs and requirements of the North American electricity sector” ## Battery Energy Storage Solutions for Large Energy Users End-to-end battery storage development and energy optimization solutions powered by industry-leading peak forecasting and market intelligence. We help large energy users across North America reduce electricity costs, unlock new revenue streams, and pursue sustainability goals. #### Manufacturing and Processing [ LEARN HOW WE HELP LEARN HOW WE HELP ](/who-we-serve/manufacturing-processing/) #### Warehousing, Distribution, and Cold Storage [ LEARN HOW WE HELP LEARN HOW WE HELP ](/who-we-serve/logistics/) #### Multi-Facility Campuses [ LEARN HOW WE HELP LEARN HOW WE HELP ](/who-we-serve/corporate-industrial-academic-campuses/) --- ### [Resources](https://peakpowerenergy.com/battery-energy-storage-operation-resources/) **Published:** September 30, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # Resources ## Powering Your Knowledge on Energy and Battery Energy Storage Operation [ VIEW Frequently asked questions VIEW Frequently asked questions ](https://peakpowerenergy.com/battery-storage-resources/faqs/) ## We’ve curated a range of resources, including a glossary of energy terms, to help you better understand battery energy storage operation, sustainability, distributed energy resources, and grid reliability. Whether you're navigating energy systems or seeking actionable insights, we aim to simplify the journey for you. **The energy industry can be tough enough to navigate. Finding resources shouldn’t be.** ![True Cost of Downtime Report](https://peakpowerenergy.com/wp-content/uploads/2026/03/true-cost-of-downtime-report.png)### Cost of Downtime Report These are the key findings of this report, a review of the true costs of downtime to manufacturers and industrial organizations over the past five years. At the bottom end, the costs of a lost hour are now $36,000 in Fast Moving Consumer Goods. At the top end, they are $2.3 million in the Automotive sector – or more than $600 a second. Faced with these kinds of costs, companies have been forced to try to cut downtime ruthlessly. [ Read the Report Read the Report ](https://assets.new.siemens.com/siemens/assets/api/uuid:1b43afb5-2d07-47f7-9eb7-893fe7d0bc59/TCOD-2024_original.pdf) ![True Cost of Downtime Report](https://peakpowerenergy.com/wp-content/uploads/2026/03/true-cost-of-downtime-report.png)### Cost of Downtime Report These are the key findings of this report, a review of the true costs of downtime to manufacturers and industrial organizations over the past five years. At the bottom end, the costs of a lost hour are now $36,000 in Fast Moving Consumer Goods. At the top end, they are $2.3 million in the Automotive sector – or more than $600 a second. Faced with these kinds of costs, companies have been forced to try to cut downtime ruthlessly. [ Read the Report Read the Report ](https://assets.new.siemens.com/siemens/assets/api/uuid:1b43afb5-2d07-47f7-9eb7-893fe7d0bc59/TCOD-2024_original.pdf) ## Watch On-Demand ## Energy Incentives & Programs Even in a changing world, the energy transition continues forward. Federal, state, and utility-level programs offer a wealth of opportunities to reduce energy costs, improve sustainability, create a more resilient grid, and tap into the growing value of demand response programs. [ BROWSE INCENTIVES AND PROGRAMS PAGE VIEW ENERGY INCENTIVE GUIDES ](/battery-storage-resources/incentives-programs/) ## Additional Resources by Topic Resources Blog Filter All Building Optimization Proptech and Cleantech Battery Storage Electric Vehicles Energy Transition Sustainability Energy Efficiency Grid Resiliency Energy Management Load Curtailment ### Advanced Clean Energy Program: Battery Storage ## Article The Battery energy storage pillar of the National Research Council of Canada’s (NRC) Advanced Clean Energy program. Developing next-generation energy storage materials and devices…. [ Visit Site ](https://nrc.canada.ca/en/research-development/research-collaboration/programs/advanced-clean-energy-program-battery-energy-storage) ### Building Automation Optimization Strategies ## Podcast From the smart buildings academy podcast. Teaching you building automation, systems integration, and information technology…. [ Listen Now ](https://music.amazon.es/podcasts/7ff2089a-ae90-48dd-9c85-a38c5c2a7ec3/episodes/875e91bb-9435-4bc6-af7d-0ccf76daa075/the-smart-buildings-academy-podcast-teaching-you-building-automation-systems-integration-and-information-technology-bam-114-building-automation-optimization-strategies-part-1) ### Canada’s Battery Strategy ## Government Strategy Summary This national plan from NRCan highlights how battery technology supports industrial electrification and long-term sustainability goals beyond electric vehicles…. [ Visit Website ](https://natural-resources.canada.ca/science-data/science-research/strategic-approach-battery-innovation) ### Canada’s Energy Storage Outlook ## Market Report This 2024 market report highlights how battery storage is scaling across Canada to support industrial electrification, with 8–12 GW projected by 2035…. [ View Report ](https://panamericanfinance.com/insights/energy-transition/energy-storage-report-2024/key-regional-markets-es24/canada-es24/) ### Canada’s National Battery Strategy ## Government Policy Guide Natural Resources Canada outlines how battery innovation supports grid reliability, electrification, and clean energy growth—with benefits for industrial energy storage deployment…. [ Visit Website ](https://natural-resources.canada.ca/science-data/science-research/strategic-approach-battery-innovation) ### Canada’s Net-Zero Challenge ## Program Page & Planning Toolkit This voluntary federal program helps industrial companies create and disclose net-zero emissions plans using government-provided templates and guidance…. [ Visit Website ](https://www.canada.ca/en/services/environment/weather/climatechange/climate-plan/net-zero-emissions-2050/challenge.html) ### CanmetEnergy Research ## Tool Government Research Canada’s leading research and technology organization in the field of clean energy. Explore R&D programs and software and modelling tools…. [ Explore Resources ](https://natural-resources.canada.ca/energy/energy-offices-and-labs/canmetenergy/5715) ### Cut Energy Costs in New Jersey Facilities ## Utility Program (Energy Audits & Incentives) PSE&G’s BizSave program helps industrial and manufacturing sites in New Jersey lower energy use through audits, incentives, and upgrades like compressed air systems and process controls…. [ Visit Website ](https://bizsave.pseg.com/industrial-manufacturing/) « PreviousPage1[Page2](https://peakpowerenergy.com/battery-energy-storage-operation-resources/2/?doing_wp_cron=1786835707.7059400081634521484375)[Page3](https://peakpowerenergy.com/battery-energy-storage-operation-resources/3/?doing_wp_cron=1786835707.7059400081634521484375)[Page4](https://peakpowerenergy.com/battery-energy-storage-operation-resources/4/?doing_wp_cron=1786835707.7059400081634521484375)[Page5](https://peakpowerenergy.com/battery-energy-storage-operation-resources/5/?doing_wp_cron=1786835707.7059400081634521484375)[Next »](https://peakpowerenergy.com/battery-energy-storage-operation-resources/2/) ## Energy Markets are Complex. We Make them Simple. Our team of energy experts can help you maximize the value of energy storage. Contact us today. --- ### [Where we work](https://peakpowerenergy.com/where-we-work/) **Published:** December 9, 2024 **Author:** Overhaul **Content:** # Where we work ## Battery Storage Solutions in Canada and the USA [ EXPLORE THE BENEFITS EXPLORE THE BENEFITS ](/energy-storage-benefits/) ![](https://peakpowerenergy.com/wp-content/uploads/2023/04/Stock_Ontario.jpg) ## Ontario Peak Power works with Class A facilities to help reduce Global Adjustment costs and scope 2 emissions. Our customers receive the benefit of our industry-leading +90% accuracy in forecasting grid events. [ LEARN MORE LEARN MORE ](/where-we-work/ontario-managing-global-adjustment/) ![](https://peakpowerenergy.com/wp-content/uploads/2023/04/pexels-nate-hovee-4659963-1024x683.jpg) ## Massachusetts We enable commercial and industrial facilities in Massachusetts to reduce electricity costs and monetize energy with battery storage. [ LEARN MORE LEARN MORE ](/where-we-work/massachusetts-energy-storage-incentives/) ![New York Battery energy storage system uses Artificial Intelligence..](https://peakpowerenergy.com/wp-content/uploads/2023/04/Stock_New-York.jpg) ## New York We work with a wide range of commercial and industrial building owners and managers to help reduce NYISO ICAP costs and scope 2 emissions. [ LEARN MORE LEARN MORE ](https://peakpowerenergy.com/where-we-work/managing-nyiso-icap) ![New Jersey](https://peakpowerenergy.com/wp-content/uploads/2025/11/jonathan-roger-LY1eyQMFeyo-unsplash.jpg) ## New Jersey Reduce peak demand costs and earn revenue with Battery Storage and PJM Demand Response in New Jersey. Learn how large energy users can benefit with Peak Power. [ LEARN MORE LEARN MORE ](/where-we-work/new-jersey/) ![California](https://peakpowerenergy.com/wp-content/uploads/2026/02/Stock_California.jpg) ## California Peak Power partners with large energy users to slash energy demand charges and help them become active energy market participants to unlock California Battery Storage Incentives [ LEARN MORE LEARN MORE ](https://peakpowerenergy.com/where-we-work/california-battery-storage-incentives/) ### Partner Ecosystem We collaborate with leading companies to unlock the full potential of distributed energy resources, translating the value of energy resources for diverse stakeholders and industries to advance the clean energy transition. [ Meet our Partners Meet our Partners ](/about-us-distributed-energy-resources/our-net-zero-ecosystem/) ![BGIS](https://peakpowerenergy.com/wp-content/uploads/2022/11/image-36.png) “BGIS views Peak Power and its proprietary software as a leader in the emerging energy storage market and is impressed at its understanding of the needs and requirements of the North American electricity sector.” ## Book A Discovery Call Today Book a no-obligation discovery call to see if a no-cost battery storage system is right for your facility. --- ### [Who We Serve](https://peakpowerenergy.com/who-we-serve/) **Published:** December 9, 2024 **Author:** Overhaul **Content:** # Who we serve ## Battery Storage Solutions in Canada and the USA [ EXPLORE THE BENEFITS EXPLORE THE BENEFITS ](/energy-storage-benefits/) ![Corporate Campuses](https://peakpowerenergy.com/wp-content/uploads/2024/12/Corporate-Campus.jpg) ## Corporate, Industrial, and Academic Campuses Corporate, industrial, and academic campuses have specialized needs. Buildings have different energy usage patterns and needs, depending on the amenities provided. There could be offices, a swimming pool, or an aerodynamic wind tunnel for testing prototypes. We help campuses of mid-to-large-scale buildings deploy commercial battery storage to drive competitiveness, mitigate emissions, and improve financial performance. [ LEARN MORE LEARN MORE ](/who-we-serve/corporate-industrial-academic-campuses/) ![Manufacturing Facility](https://peakpowerenergy.com/wp-content/uploads/2024/12/Manufacturing-Facility2-1024x683.jpg) ## For Manufacturing and Processing Facilities Industrial energy management–easy to say, hard to implement. 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. [ LEARN MORE LEARN MORE ](/who-we-serve/manufacturing-processing/) ![](https://peakpowerenergy.com/wp-content/uploads/2026/02/solar-energy-2022-12-15-19-19-34-utc-min-scaled.jpeg) ## For Logistics Facilities Electricity is a major operational cost for warehouses and distribution centres, with much of it focused on climate control. And for cold storage facilities, the costs are much higher as refrigeration equipment can consume up to 70% of the total electricity. It’s no wonder that the vast majority of logistics companies have sustainability and energy efficiency targets. [ LEARN MORE LEARN MORE ](/who-we-serve/logistics/) ### Partner Ecosystem We collaborate with leading companies to unlock the full potential of distributed energy resources, translating the value of energy resources for diverse stakeholders and industries to advance the clean energy transition. ![BGIS](https://peakpowerenergy.com/wp-content/uploads/2022/11/image-36.png) “BGIS views Peak Power and its proprietary software as a leader in the emerging energy storage market and is impressed at its understanding of the needs and requirements of the North American electricity sector.” ## Book A Discovery Call Today Book a no-obligation discovery call to see if no-cost battery storage is right for your facility. ![](https://peakpowerenergy.com/wp-content/uploads/2023/05/1-2-1024x683-1.jpeg) --- ### [New York](https://peakpowerenergy.com/where-we-work/managing-nyiso-icap/) **Published:** November 30, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # Where we work: New York State ## Reduce NYISO ICAP costs [ DOWNLOAD NEW YORK STATE ENERGY INCENTIVES GUIDE DOWNLOAD NEW YORK STATE ENERGY INCENTIVES GUIDE ](/resources-battery-storage-operation/incentives-programs/#download-form) Peak Power works with a wide range of commercial and industrial building owners and managers to help reduce NYISO ICAP costs and scope 2 emissions. Our deep well of energy expertise ensures that any project we undertake is based on a strong business case in the New York State energy market. ## An overview of NYISO ICAP The New York Installed Capacity Market (ICAP) was developed to ensure electricity supply will meet the demands of the market. We’ll use the highway analogy: The way our current electricity system is designed, we need to build infrastructure for the 1-hour of highest demand in the entire year. It’s like building a superhighway that’ll be full on the busiest travel day of the year, and nearly unnecessary for the other 364 days. Building infrastructure in that way just doesn’t make sense… and it costs us all a lot of money. Put simply, the more electricity you use during demand peaks, the more you contribute to the infrastructure requirements, and the more you’ll pay in NYSIO ICAP charges. In Peak Power’s latest analysis, 1 MW of load during 1 ICAP hour is equal to approximately $80,000 in annual cost. For large energy users, ICAP charges will be about 30% of your typical bill. ## Reduce Energy Costs & Boost Profitability ##### Download Your Free Curtailment Strategy Guide to learn: - Strategies that can reduce energy costs year-round. - How advanced technologies like battery storage, smart lighting, and predictive alerts help to optimize operations. - How other large manufacturers are implementing curtailment at their facilities. Whether you’re targeting immediate energy cost savings or long-term sustainability goals, this guide will help you get there. [ DOWNLOAD NOW DOWNLOAD NOW ](/battery-storage-resources/incentives-programs/#download-form) ![peak power curtailment](https://peakpowerenergy.com/wp-content/uploads/2025/08/curtailment-peak-power-square.jpg) ## Project highlight ![GHP Westchester Website Project Highlight](https://peakpowerenergy.com/wp-content/uploads/2023/02/GHP-Westchester-Website-Project-Highlight.png) ## Reducing ICAP costs with Energy Storage The energy storage system reduces utility costs and provides peak demand relief for the utility. Con Edison, the electric utility for this site, provides funding for this system to reduce peak demand during certain windows of time through the Demand Management Program. By participating in the program, the project received an incentive from Con Edison, which reduced the total project cost. [ SEE ALL PROJECTS SEE ALL PROJECTS ](/projects/battery-energy-storage-system) ### Location: Westchester, New York ### Client: GHP Realty ### Energy cost savings: $1,590,000 ## Project Highlight ![GHP Westchester Website Project Highlight](https://peakpowerenergy.com/wp-content/uploads/2023/02/GHP-Westchester-Website-Project-Highlight.png) ## Reducing ICAP costs with Energy Storage ### Location: Westchester, New York ### Client: GHP Realty ### Energy cost savings: $495,742 ### Emissions Avoided: 4,356 tCO2e The energy storage system reduces utility costs and provides peak demand relief for the utility. Con Edison, the electric utility for this site, provides funding for this system to reduce peak demand during certain windows of time through the Demand Management Program. By participating in the program, the project received an incentive from Con Edison, which reduced the total project cost. [ SEE ALL PROJECTS SEE ALL PROJECTS ](/projects/battery-energy-storage-system) ## New York Office - [ Phone: (888) 732-5088 ](tel:(888)-732-5088) 335 Madison Ave, 4th Floor New York, NY 10017 [ CONTACT US CONTACT US ](#download) ## Let's Start a Conversation Discovery how you can reduce your ICAP costs with battery energy storage solutions in New York from Peak Power. --- ### [Energy Solutions](https://peakpowerenergy.com/energy-storage-solutions/) **Published:** October 18, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # Energy Storage & Optimization ## Unlock Financial and Environmental Benefits with Tailored Energy Solutions [ WE HAVE STORAGE WE HAVE STORAGE ](/solutions/energy-storage-management/) [ WE NEED STORAGE WE NEED STORAGE ](/solutions/battery-energy-storage-development/) The energy transition presents a once-in-a-generation opportunity. Energy storage and optimization offer your business the opportunity to lead. Energy storage and energy intelligence are key to unlocking value from energy flexibility. Whether you’re looking to reduce peak demand charges, participate in energy market revenue programs, or optimize your facility’s existing energy systems and processes, our solutions help you take control. We tailor every approach to meet your operational needs, combining advanced forecasting, intelligent optimization, and end-to-end battery solutions. The result? Tangible savings, new revenue streams, and progress toward your sustainability goals—all with minimal effort or risk for your facility. ![Modern container battery](https://peakpowerenergy.com/wp-content/uploads/2023/04/Energy-Storage-Optimization.jpeg) ## Battery Development Solutions With our end-to-end battery storage development services, we can transform how your facility interacts with the grid with a ZERO CAPEX solution. We handle everything from feasibility assessments to permitting, construction, financing, and maintenance making battery energy storage easy and effective. With a fully integrated system, you’ll reduce peak demand charges, unlock revenue through grid services, and position your business as a sustainability leader. [ LEARN MORE LEARN MORE ](/energy-storage-solutions/battery-energy-storage-development/) ![Technician using laptop](https://peakpowerenergy.com/wp-content/uploads/2023/04/Stock_Plant-Engineer.jpg) ## Energy Optimization Solutions Maximize the performance of your energy strategy with advanced optimization. For facilities with batteries, we provide intelligent forecasting and remote management to optimize charge and discharge cycles. If you don’t have on-site storage, our peak event notifications help you strategically curtail load and participate in demand response or utility programs. [ LEARN MORE LEARN MORE ](/energy-storage-solutions/energy-storage-management/) ![Peak Power battery](https://peakpowerenergy.com/wp-content/uploads/2023/03/9b19efeb5ea5426ec27952bf03b7d4d0-scaled.jpeg) ## Multiple Battery Storage Project In 2018, Peak Power worked with GHP Office Realty to develop a battery storage project consisting of 4 energy storage units in 4 separate commercial buildings. Through a shared savings agreement, GHP now relies on Peak Power’s software to reduce ICAP and demand charges during peak demand events. GHP also leverages revenue-generating capabilities of the energy storage solution by participating in state-wide and utility-level demand response programs. [ EXPLORE OTHER PROJECTS EXPLORE OTHER PROJECTS ](/commercial/) ### Location: Westchester, New York ### Client: GHP Realty ### Energy cost savings: $1,590,000 ### Total systems size: 1,334 kW / 5,336 kWh ## We're Helping Energy, Facility and Plant Managers ![economic value](https://peakpowerenergy.com/wp-content/uploads/2022/10/llqw.png) ## Pursue sustainability goals ![Operating Expenses](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-218lmlq.png) ## Reduce operating expenses and peak demand charges ![Environment](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-218de.png) ## Unlock economic value from their facility's energy flexibility ## Proudly Serving: #### Manufacturing and Processing Facilities [ LEARN HOW WE CAN HELP LEARN HOW WE CAN HELP ](/who-we-serve/manufacturing-processing/) #### Third-Party Logistics and Cold Storage Facilities [ LEARN HOW WE CAN HELP LEARN HOW WE CAN HELP ](/who-we-serve/logistics/) #### Multi-Facility Campuses [ LEARN HOW WE CAN HELP LEARN HOW WE CAN HELP ](/who-we-serve/corporate-industrial-academic-campuses/) ## Energy Markets are Complex. We Make them Simple. Our team of energy experts will help you realize the full value of energy storage. Contact us today. [ Get in Touch Get in Touch ](/contact-peak-power-inc/) --- ### [Ontario](https://peakpowerenergy.com/where-we-work/ontario-managing-global-adjustment/) **Published:** November 30, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** ## Where We Work: Ontario # Reduce your facility’s Global Adjustment costs [ LEARN ABOUT END-TO-END BATTERY DEVELOPMENT LEARN ABOUT END-TO-END BATTERY DEVELOPMENT ](/energy-storage-solutions/battery-energy-storage-development/) Peak Power works with Class A facilities to help reduce Global Adjustment costs and scope 2 emissions. Our customers receive the benefit of our industry-leading +90% accuracy in forecasting grid events. Whether it’s through battery energy storage systems or manual curtailment, we’ve been able to deliver $160K per megawatt in average annual customer value. ## Global Adjustment in Ontario The Ontario Independent Electricity System Operator (IESO) applies charges to large business customers for their consumption during electricity demand spikes. These are called Global Adjustment charges and are based on your energy use during the 5 hours of the previous year with the most intensive energy demand (peak demand). A low-emissions grid with hydro and nuclear power makes up a majority of the energy we use throughout the year. This has a direct correlation to Scope 2 emissions. When electricity demand spikes, like during the hottest days of summer, the IESO calls on higher-emitting generation sources like coal and natural gas plants to match supply with demand. Global Adjustment costs are meant to provide an incentive to large commercial and industrial buildings to reduce their electric loads during these periods of peak demand. In May 2025, Ontario launched the [Market Renewal Program](https://peakpowerenergy.com/2025/04/07/ontario-market-renewal-program-ieso/), and while this is a major shift in the market, Global Adjustment is and will continue to be the primary cost on Class A Facilities, and will remain the largest opportunity for energy cost reduction. The challenge for energy and facility managers is identifying the exact time to reduce energy or dispatch a distributed energy resource like battery storage. That’s where Peak Power’s forecasting abilities come in. We take the guesswork out of manual curtailment with our GridPredict notifications. For a fully automated solution that earns even bigger savings, we provide a no-cost, end-to-end battery energy storage solution. ## Are you taking full advantage of energy incentives in Ontario? There’s a vast network of financial incentives to power the shift to Distributed Energy Resources (DERs), but these incentives can be hard to navigate and complex to understand. With the right strategies, commercial and industrial players can unlock profitability, tap into multiple value streams and incentives, and make progress toward net zero. Download this Ontario Energy Incentives Guide so you can get a scan of the financial benefits that could be available to your business. [ DOWNLOAD NOW DOWNLOAD NOW ](#download-form) ![California Battery Storage Incentives](https://peakpowerenergy.com/wp-content/uploads/2023/05/California-PP-ebook-mockup-466x525-2-030323-2-1024x1024.png) ## Reduce Energy Costs & Boost Profitability ##### Download Your Free Curtailment Strategy Guide to learn: - Strategies that can reduce energy costs year-round. - How advanced technologies like battery storage, smart lighting, and predictive alerts help to optimize operations. - How other large manufacturers are implementing curtailment at their facilities. Whether you’re targeting immediate energy cost savings or long-term sustainability goals, this guide will help you get there. [ DOWNLOAD NOW DOWNLOAD NOW ](/battery-storage-resources/incentives-programs/#download-form) ![peak power curtailment](https://peakpowerenergy.com/wp-content/uploads/2025/08/curtailment-peak-power-square.jpg) ## Project highlight ![Bloor installation](https://peakpowerenergy.com/wp-content/uploads/2023/05/IMG_5017-scaled.jpg) ## Reducing Global Adjustment Costs Starlight’s building is connected to the Islington Subway station (part of the Toronto Transit Commission public transit network). This state-of-the-art Class A office building hosts tenants like the Ministry of Education and Moneris. The building owners looked for solutions to reduce demand charges (Global Adjustment) and turned to Peak Power for guidance. We installed a 500 KW system to help slash demand charges by 25%. [ SEE ALL PROJECTS SEE ALL PROJECTS ](/commercial/) ### Location: Toronto, Ontario ### Client: Starlight Investments ### Energy Cost Savings: $918,000 ## Project Highlight ![150 bloor](https://peakpowerenergy.com/wp-content/uploads/2022/09/150-bloor.jpg) ## Reducing Global Adjustment Costs Across Multiple Sites ### Location: Toronto, Ontario ### Client: Lactalis Canada ### Energy Cost Savings: $184,000 Lactalis Canada trust Peak Power with reducing energy costs at their dairy processing plants in Ontario. With three sites live so far, the batteries reduce energy costs through peak shaving and demand response, with a focus on reducing Global Adjustment charges. [ SEE ALL PROJECTS SEE ALL PROJECTS ](/commercial/) ## Canadian Office - [ Phone: (888) 732-5088 ](tel:(888)-732-5088) 214 King St W #308, Toronto, ON M5H 3S6 [ Twitter ](https://twitter.com/peakpower_inc) [ Linkedin ](https://www.linkedin.com/company/peak-power/) [ CONTACT US CONTACT US ](#download-form) ## Reduce your Global Adjustment Costs Today Take control of your global adjustment costs and learn about our zero capex battery storage development solution or energy optimization services. --- ### [Commercial](https://peakpowerenergy.com/commercial/) **Published:** September 8, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # Project Highlights ## Developing battery energy storage systems for the future [ Get Started with Energy Storage Get Started with Energy Storage ](/contact-peak-power-inc/) ## Powered by Experience. We understand the challenges facilities face with rising energy costs, labour constraints, increasing sustainability requirements, and navigating the complexities of energy markets. That’s why our battery energy storage projects are designed to eliminate traditional financial and operational barriers that many facilities face when considering these technologies. Our Battery Development offering provides customers with zero capex energy storage. Then, using our proprietary AI-enabled software, we maximize the value battery systems provide, turning passive electricity consumers into active market participants. Together, this unlocks significant cost savings, grid revenues, and sustainability benefits for your business. ![battery energy storage projects](https://peakpowerenergy.com/wp-content/uploads/2025/02/Battery-Energy-Storage-Projects-Canada-1024x683.jpg) Our batteries go beyond powering your operations—they support a cleaner, more resilient energy grid by storing energy when it’s cheaper and cleaner and dispatching it when demand peaks and the dirtiest forms of production are online. This ensures your business benefits from reduced costs of reliable power while contributing to a more sustainable future. [ ![Menkes Global Adjustment Forecasting](https://peakpowerenergy.com/wp-content/uploads/2025/10/solar-panels.jpg) ](https://peakpowerenergy.com/project/menkes_peak_forecasting_global_adjustment/) ## Data-Driven Curtailment Across a Multi-Building Portfolio ## Commercial Project In today’s volatile energy landscape, proactive energy demand management is becoming essential for commercial real estate… [ Read more Read more ](https://peakpowerenergy.com/project/menkes_peak_forecasting_global_adjustment/) [ ![Bloor installation](https://peakpowerenergy.com/wp-content/uploads/2023/05/IMG_5017-scaled.jpg) ](https://peakpowerenergy.com/project/bloor-islingtion-battery-storage-project/) ## Bloor Islington Battery Storage Project ## Commercial Project For this battery storage project at Bloor Islington Place, Peak Power provides peak prediction and asset… [ Read More Read More ](https://peakpowerenergy.com/project/bloor-islingtion-battery-storage-project/) [ ![Bruce-Power-Aerial](https://peakpowerenergy.com/wp-content/uploads/2023/04/Bruce-Power-Aerial.jpeg) ](https://peakpowerenergy.com/project/saturn-power-storage-project/) ## Bruce Power Storage Project ## Commercial Project Saturn Power has been active in the battery storage and Global Adjustment market since 2017 and… [ Read More Read More ](https://peakpowerenergy.com/project/saturn-power-storage-project/) [ SEE MORE SEE MORE ](#) ## Innovation Projects Our work has led to some groundbreaking advancements in the energy sector, with projects that demonstrate the economic and environmental benefits of a decentralized and digitalized grid. By turning passive energy consumers into active market participants, we’re helping to create a cleaner, more resilient grid—one project at a time. Explore our portfolio of innovation projects to see how we’re advancing our capabilities to benefit our customers, our energy systems, and our planet. [ EXPLORE OUR INNOVATION PROJECTS EXPLORE OUR INNOVATION PROJECTS ](/commercial/innovation/) ![starlight](https://peakpowerenergy.com/wp-content/uploads/2022/09/starlight-300x137.jpg) “We are delighted to be one of the first commercial building owners in Canada to install behind-the-meter energy storage. Innovative technology such as energy storage and Peak Power’s software are providing options to building owners for better ways to manage our day-to-day energy needs.” [ LEARN MORE ABOUT PEAK POWER LEARN MORE ABOUT PEAK POWER ](/about-us-distributed-energy-resources/) ## Partner Ecosystem We collaborate with leading companies to unlock the full potential of distributed energy resources, translating the value of energy resources for diverse stakeholders and industries to advance the clean energy transition. [ ](https://signatureelectric.ca/) [ ](https://www.hatch.com/) [ ](https://swtchenergy.com/) [ ](https://www.madisonei.com/) [ ](https://switchpower.ca/) ## Book a Free Site Assessment Book a free virtual site assessment. Find out if your facility could qualify for no-cost, end-to-end, energy storage from Peak Power. --- ### [Virtual Power Plants](https://peakpowerenergy.com/commercial/innovation/virtual-power-plants/) **Published:** November 21, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # Virtual Power Plant Innovation ## Unlocking the potential of distributed energy resources [ TALK TO US TALK TO US ](/contact-peak-power-inc/) Virtual power plants (VPPs) are revolutionizing the energy landscape, offering a path to phase out reliance on traditional, dirty power plants. By coordinating smaller, decentralized energy resources like batteries, electric vehicles, and solar arrays through advanced software, VPPs stabilize the grid while supporting clean energy goals. Renewable energy sources like solar and wind are invaluable but inherently variable—they only generate power when the sun shines or the wind blows. This intermittency challenges grid stability, which requires consistent energy supply. Virtual power plants address this by managing distributed energy resources dynamically, ensuring reliability without compromising sustainability. At Peak Power, our proprietary software and real-world pilot projects demonstrate how VPPs can integrate batteries, EVs, and buildings into cohesive, grid-interactive systems. This innovation is more than theoretical—it’s actively transforming how energy is generated, stored, and used. ![](https://peakpowerenergy.com/wp-content/uploads/2025/01/40-Scotia-50KW-Tritium2-scaled-1-1024x571.webp) ## Putting the Future in Focus At Peak Power, we take a pragmatic approach to the future. We focus on developing projects that will provide near-term benefits to customers, host sites, and system operators, but also look to future-state, wider-scale applications. [ INNOVATION AT PEAK POWER INNOVATION AT PEAK POWER ](/commercial/innovation/) ## Utility Partnerships to Enable IPPs We work with innovative utilities and independent system operators to enable our energy partners to build a distributed energy future. [ MEET OUR UTILITY PARTNERS MEET OUR UTILITY PARTNERS ](/about-us-distributed-energy-resources/our-net-zero-ecosystem/) ![Successful senior businessman standing in office](https://peakpowerenergy.com/wp-content/uploads/2023/04/Stock_CRE-VP-1024x683.jpg) ![Man plugging in bi-directional EV](https://peakpowerenergy.com/wp-content/uploads/2022/09/Peak.PowerEdits-min-1024x683.jpg) ## Vehicle-to-Grid and Smart Charging Electric vehicles are not just the future of transportation – they’re a better way to store and move energy. We conducted a pilot project where 21 EVs were deployed as mobile batteries to reduce coincident peak charges for an office building in downtown Toronto. [ LEARN ABOUT THE PROJECT LEARN ABOUT THE PROJECT ](/project/developing-a-electric-vehicle-future/) ## Virtual Power Plant Innovation *Creating over $10,500 in value in just four hours* On January 21, 2020, Ontario’s Independent Electric System Operator (IESO) called a test Demand Response event. Peak Power responded to this call with a virtual power plant consisting of a group of four 500kW batteries, twelve 30kW electric vehicles (vehicle-to-grid), and load reductions in eight different commercial buildings in downtown Toronto. Operating as a single virtual power plant, these assets provided an average of 1 MW in reductions over four hours and created over $10,500 of value within the time frame. [ LEARN ABOUT OUR INNOVATION PROJECTS LEARN ABOUT OUR INNOVATION PROJECTS ](/projects-battery-energy-storage-system/innovation/) ### Location: Toronto, Ontario ### Client: Multiple ### Value created: $10,500 in a 4-hour period ### Load reduction: 1 MW ## Virtual Power Plant Innovation ***Creating over $10,000 in value in just 4 hours*** On Jan 21, 2020, Ontario’s Independent Electric System Operator (IESO) called a test Demand Response event. Peak Power responded to this call with a Virtual Power Plant consisting of four 500kW batteries, twelve 30kW electric vehicles, and load reductions within 8 different commercial buildings in downtown Toronto. Operating as a single virtual power plant, these assets provided an average of 1 MW in reductions over 4 hours. These reductions created over $10,500 of value within the 4-hr period. This real-world success demonstrates how VPPs benefit businesses, utilities, and communities, making them critical for the future of clean energy investments. [ SEE ALL PROJECTS SEE ALL PROJECTS ](https://peakpowerenergy.com/commercial/) ### Location: Toronto, Ontario ### Client: Multiple ### Value created: $10,500 in a 4-hour period ### Load reduction: 1 MW ![Emergence](https://peakpowerenergy.com/wp-content/uploads/2023/04/Stock_VPP-e1684951145860.jpg) ## Virtual Power Plant Innovation​ ### Location: Toronto, Ontario ### Client: Multiple ### Value created: $10,500 in a 4-hour period ### Load reduction: 1 MW *Creating over $10,500 in value in just four hours* On January 21, 2020, Ontario’s Independent Electric System Operator (IESO) called a test Demand Response event. Peak Power responded to this call with a virtual power plant consisting of a group of four 500kW batteries, twelve 30kW electric vehicles (vehicle-to-grid), and load reductions in eight different commercial buildings in downtown Toronto. Operating as a single virtual power plant, these assets provided an average of 1 MW in reductions over four hours and created over $10,500 of value within the time frame. [ EXPLORE OTHER PROJECTS EXPLORE OTHER PROJECTS ](/commercial/innovation/) ## The Technology of Tomorrow is Here Today Peak Power is developing a framework for what increased demand will mean for our grid. And we’re deploying adaptive solutions. Our technology can mitigate strain on the electricity grid and provide customers with avenues for energy resiliency and cost sustainability. ![Charging station](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-5.png) ## EV Chargers we Manage 0 ![battery storage system operate](https://peakpowerenergy.com/wp-content/uploads/2022/11/Group-2.png) ## Battery Storage Systems we Operate 0 ![Group](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-6.png) ## Facilities in our Portfolio 0 ![peakpower zevip announcement](https://peakpowerenergy.com/wp-content/uploads/2023/03/peakpower_zevip-announcement_220712.webp) ## News Highlight ## Peak Power Receives $765,000 From Canadian Government to Deploy 117 V1G EV Chargers In the summer of 2022, Natural Resources Canada (NRCan) selected Peak Power to receive $765,000 for a $1.6 million project to deploy 117 V1G chargers as part of the Canadian federal government’s Zero Emission Vehicle Infrastructure Program (ZEVIP). The 117 chargers will encourage the adoption of EVs, as drivers have access to expanded infrastructure for charging. From the perspective of grid operators, the intelligent nature of the Peak Power software will allow more capacity from the grid without requiring major infrastructure upgrades. [ Read All About It Read All About It ](https://www.globenewswire.com/en/news-release/2022/07/12/2478421/0/en/Peak-Power-Receives-765-000-From-Canadian-Government-to-Deploy-117-V1G-EV-Chargers.html) ## Partner Ecosystem We collaborate with leading companies to unlock the full potential of distributed energy resources, translating the value of energy resources for diverse stakeholders and industries to advance the clean energy transition. [ ](https://switchpower.ca/) [ ](https://www.oshawapower.ca/) [ ](https://swtchenergy.com/) [ ](https://www.tesla.com/en_ca/megapack) [ ](https://www.madisonei.com/) [ ](https://signatureelectric.ca/) [ ](https://www.hatch.com/) ## Profit From the Energy Transition Talk to our Energy Experts Today --- ### [Investors](https://peakpowerenergy.com/about-us-distributed-energy-resources/cleantech-investment/) **Published:** September 15, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # Invest in Cleantech ## Take part in the Energy Transition [ CONTACT PEAK POWER CONTACT PEAK POWER ](/contact-peak-power-inc/) The energy transition is a radical shift in the way we produce, distribute, and consume energy creating a once-in-a-generation opportunity for cleantech investment as pivotal as the Industrial Revolution or the Internet Age. But, there’s a critical problem holding us back: the “last mile” challenge. This is the gap between an aging electrical grid and the growing power needs of Commercial and Industrial facilities. At Peak Power, we’re solving this problem in a way that’s as transformative for energy as Airbnb was for hospitality. Investors are recognizing the incredible potential of solving this challenge. In 2023, Peak Power secured $35 million USD in Series A funding led by Greenbacker Capital Management LLC, enabling us to accelerate the deployment of our energy storage and software solutions across the U.S. Our investor portfolio also includes forward-thinking organizations such as Osmington Inc., BDC Capital, Export Development Canada, Hatch, Sensata Technologies, and The Atmospheric Fund—each committed to shaping a more sustainable energy future. ## Peak Power is a cleantech company working to make big, dirty power plants a thing of the past ![Peak Power Difference](https://peakpowerenergy.com/wp-content/uploads/2025/01/IMG_5020-scaled.jpg) ### Our Purpose To make dirty power plants obsolete. We see the future of electricity mirroring the rise of the [sharing economy](https://www.thebalancemoney.com/the-sharing-economy-and-how-it-changes-industries-4172234 "https://www.thebalancemoney.com/the-sharing-economy-and-how-it-changes-industries-4172234") – a more decentralized economy powered by, and to the benefit of, consumers. Think of us as the Airbnb of energy. Just as Airbnb enabled property owners to monetize underutilized square footage, Peak Power enables businesses to monetize their energy flexibility. We help turn passive electricity consumers into active market participants, unlocking cost savings, grid revenue, and sustainability benefits. ### Our Difference​ Peak Power bridges the “last mile” challenge through an innovative approach that combines proprietary, AI-enabled software with financing solutions. Our business model eliminates traditional financial and operational barriers to clean energy adoption by providing end-to-end battery storage solutions at no upfront cost to customers. These batteries deliver energy cost savings, generate market revenue and enable customers to pursue their net zero goals. [ LEARN MORE ABOUT PEAK POWER LEARN MORE ABOUT PEAK POWER ](/about-us-distributed-energy-resources/) ### Featured In [ ](https://financialpost.com/globe-newswire/peak-power-partners-with-oshawa-power-to-demonstrate-a-path-to-distributed-clean-energy-for-utilities) [ ](https://www.forbes.com/sites/peterdetwiler/2019/10/15/driving-change-transportation-and-electric-utility-industries-will-soon-collide--in-a-good-way/?sh=700ae64a47ca) [ ](https://www.theglobeandmail.com/report-on-business/rob-commentary/canadian-energy-storage-startups-get-global-traction/article37210983/) [ ](https://www.microgridknowledge.com/distributed-energy/article/11427353/microgrids-and-evs-can-make-magic-with-the-right-market-signals) [ SEE ALL MEDIA COVERAGE SEE ALL MEDIA COVERAGE ](/cleantech-news/) ![dereklim](https://peakpowerenergy.com/wp-content/uploads/2023/01/dereklim.jpg) “Having lived through both the wind and solar booms, I see the same market signs of massive explosion for storage and other emerging distributed energy resources.” –Derek Lim Soo CEO, Peak Power [ MEET OUR LEADERSHIP TEAM MEET OUR LEADERSHIP TEAM ](/about-us-distributed-energy-resources/peak-power-team/) ## Our Investors Our Investors are pursuing their cleantech investment goals with Peak Power. Together we hold a shared belief that *doing good is good for business*. [ ](https://greenbackercapital.com/) [ ](https://www.linkedin.com/company/osmington/about/) [ ](https://www.bdc.ca/en/bdc-capital) [ ](https://www.sensata.com/) [ ](https://www.hatch.com/) [ ](https://taf.ca/) [ ](https://www.edc.ca/) ## Awards and Recognition Tackling big challenges requires bold innovation, and Peak Power is proud to be recognized for delivering transformative solutions that drive both impact and value. ![Foresight 50 Logo Full Colour](https://peakpowerenergy.com/wp-content/uploads/2023/02/Foresight-50_Logo_Full-Colour.png) We were honoured to be named one of Canada’s 50 most investable companies on the 2021 Foresight 50 list. Foresight brings together innovators, industry, investors, government, and academia to address today’s most urgent climate issues and support a global transition to a green economy. An independent panel of judges selects the 50 companies based on criteria including investability, potential environmental and employment impact, and probability of success. ## Our Project Capabilities We’ve led some of the first projects proving the market benefits of a decentralized, decarbonized, and distributed energy system. And we’ve translated innovation funding and project development into commercially scalable solutions ## Commercial Projects We’re operating 23 battery sites across our operating regions in Ontario, New York, Massachusetts, and California. [ EXPLORE PROJECTS EXPLORE PROJECTS ](/projects-battery-energy-storage-system/) ## Innovation Projects We’re proud to have launched some the world’s first distributed energy resource aggregation projects, demonstrating the power of virtual power plants and smart grids. [ EXPLORE INNOVATION PROJECTS EXPLORE INNOVATION PROJECTS ](/projects-battery-energy-storage-system/innovation/) ### Proud Members of [ ](https://www.marsdd.com/) [ ](https://sepapower.org/) [ ](https://www.energymgmt.org/) [ ](https://www.aeecenter.org/) [ ](https://cme-mec.ca/) [ ](https://www.energystoragecanada.org/) ### Join the Cleantech Investment Boom. We welcome discussions from investment funds, private investors, and organizations looking to tap into the potential of the decentralized energy revolution. --- ### [Energy Management Services](https://peakpowerenergy.com/energy-storage-management/energy-management-services/) **Published:** November 28, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** ## Battery Energy Management Solutions # Battery storage optimization to maximize asset value [ TALK TO US TALK TO US ](/contact-peak-power-inc/) Maximize the value of your existing battery with Peak Power’s battery energy management services. Our advanced AI-enabled software works for you, achieving over 90% accuracy in peak demand forecasting. This means lower energy costs, higher revenues, and more reliable performance to support your facility’s operational and sustainability goals. ### Full-Service Battery Operation Peak Power makes it easy. We simply install a real-time automation controller (RTAC) to your existing battery assets and operate them from our remote operation centre in Toronto, Ontario. Our Asset Operation team enables your batteries to provide energy services back to the grid to generate savings, open up new revenue streams, and pursue your net zero initiaitives. ![Peak Power Tesla Battery](https://peakpowerenergy.com/wp-content/uploads/2023/03/2-scaled.jpeg) ![Peak power battery](https://peakpowerenergy.com/wp-content/uploads/2023/03/3-1024x683.jpeg) ## Intelligent Charging and Discharging to Maximize Value It’s not enough to have battery energy storage systems, they must operate intelligently to produce the biggest impact. With our full-service battery storage software and operation solutions, the battery communicates with the facility *and* the grid, charging and discharging at the most opportune moments. ## Energy Management Services with Advanced Load & Price Forecasts Peak Power has access to large amounts of high-quality real-time and historical grid and weather data. Our team of experienced data scientists and asset operators iterate reliable machine learning algorithms as new information flows in. These algorithms have been used to implement load, price, and energy generation forecasts, which help evaluate the state of the market and operate your battery accordingly. [ Get Started Get Started ](https://peakpowerenergy.com/contact-peak-power-inc/) ![Employee working](https://peakpowerenergy.com/wp-content/uploads/2023/03/4-scaled.jpeg) ## Reap the Benefits #### Improved Financial Results Make energy markets work for you by value stacking energy market revenue and savings streams ## Ease of Implementation We simply layer in our software and operations to improve your existing battery’s performance. ## Environmental Impact Maximize the value your battery asset provides to the grid as a distributed energy resource ![Energy Management](https://peakpowerenergy.com/wp-content/uploads/elementor/thumbs/iStock-2223402465-rjhxnlz4emlmrw5fbkk4bjjbss58edom3qxthpw6sw.jpg "Solar-Powered Industrial Complex Aerial View") ## Maximize the Value of Your Assets Optimize your battery’s ability to participate in lucrative grid programs. We have expertise with operating assets including an industry-leading track record of forecasting peak events in ISO markets across North America. [ TALK TO OUR EXPERTS TALK TO OUR EXPERTS ](/contact-peak-power-inc/) ![BGIS](https://peakpowerenergy.com/wp-content/uploads/2022/11/image-36.png) “BGIS views Peak Power and its proprietary software as a leader in the emerging energy storage market and is impressed at its understanding of the needs and requirements of the North American electricity sector.” ## Making it Profitable to Pursue Net Zero Peak Power is empowering businesses across industries to drive the clean energy transition. With best-in-class peak forecasting and market intelligence, we are translating and maximizing the value of distributed energy resources ### Operating in: ![Ontario](https://peakpowerenergy.com/wp-content/uploads/2022/11/360_F_434162474_2BAhAlhwVk7tKbbqKBYeB3tssTacr61k-1.png) #### Ontario: IESO [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/ontario-managing-global-adjustment/) ![Seal of Massachusetts](https://peakpowerenergy.com/wp-content/uploads/2022/11/2048px-Seal_of_Massachusetts-1.png) ## Massachusetts: ISO-NE [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/massachusetts-energy-storage-incentives/) ![new york state](https://peakpowerenergy.com/wp-content/uploads/2022/11/new-york-state-seal-1.png) ## New Jersey: NYISO [ LEARN HOW WE HELP LEARN HOW WE HELP ](https://peakpowerenergy.com/where-we-work/new-jersey/) ![new york state](https://peakpowerenergy.com/wp-content/uploads/2022/11/new-york-state-seal-1.png) ## New York: NYISO [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/managing-nyiso-icap/) --- ### [Coincident Peak Notifications](https://peakpowerenergy.com/energy-storage-management/coincident-peak-notifications/) **Published:** November 29, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # Coincident Peak Notifications with GridPredict ## Actionable insights to for proactive energy management [ BOOK A DEMO BOOK A DEMO ](/contact-peak-power-inc/) C&I businesses are disproportionately impacted by high energy costs, with peak demand charges significantly eroding their bottom line. These [Coincident peak](https://energyknowledgebase.com/topics/coincident-peak-demand.asp "https://energyknowledgebase.com/topics/coincident-peak-demand.asp") events can account for 30-60% of electricity costs for facilities. This challenge is particularly acute in regions with demand-based pricing structures—such as Massachusetts, California, New York, New Jersey, and Ontario—and for facilities with variable load patterns or seasonal energy usage that align with grid peak periods. A facility can manage these expenses by reducing demand during peak hours. However, the challenge for many facility and energy managers is identifying the exact hour to curtail loads or dispatch a distributed energy resource like energy storage or a generator. GridPredict, our Coincident Peak notifications services takes the guesswork out of forecasting grid peak events. Our proprietary software processes over one billion data points daily, and our team of energy experts continuously monitor and adjust to supplement these software predictions. Access the very same technology we rely on to operate and optimize our own battery systems. ## Enhance Your Energy Curtailment Strategy Grid coincident peak event alerts are sent out the day before, the morning of, and 4 hours in advance with varying degrees of likelihood of an event for a 4-hour window. This gives you the time and confidence required to act on a curtailment strategy and realize savings. [ GET STARTED GET STARTED ](/about-us-distributed-energy-resources/peak-power-team/) ![Peak Power Team](https://peakpowerenergy.com/wp-content/uploads/2023/03/0be686713c0ee03d4f4b5fa3a2cec766.png) ![Peak Power battery](https://peakpowerenergy.com/wp-content/uploads/2023/03/9b19efeb5ea5426ec27952bf03b7d4d0-1024x683.jpeg) ## Seamless Integration into Your Workflow There’s no dashboard to monitor. You receive alerts through email or SMS with a text description of the coincident peak event. Optionally, customers can choose to receive JSON emails to support automated controls or receive alerts directly to your remote operating centre. ## 97.1% Forecasting Accuracy\* Peak Power has an industry-leading track record of predicting grid events in IESO, NY-ISO, PJM, and ISO-NE. Our forecasting team is comprised of energy and weather experts who analyze real-time and historical weather patterns, grid data, and solar capacity. \*Adjusted *coincident peak* forecasting accuracy 2017-2023. Based on analysis and validation by an independent third party. Past performance is not a guarantee of future results. ![young businessman](https://peakpowerenergy.com/wp-content/uploads/2023/04/Peak-Synergy-Building-Energy.jpeg) ## Better Information. Better Decisions. ## Actionable Alerts Receive the notifications you need in the format that works best for you. ## No Dashboard There’s nothing to log into and check. The information comes to you. ## Start Any Time Your team begins receiving notifications after our quick onboarding process. ![Coincident peak notifications battery](https://peakpowerenergy.com/wp-content/uploads/elementor/thumbs/Coincident-peak-notifications-power-scaled-r0om5suo0ymh042bpoi9va46338vo6gw0dtk47bey8.jpg "Coincident-peak-notifications-power") ## Energy markets are complex. We help make them simple. Contact us for a no-pressure discovery call to see how you can enhance your energy management strategy. [ REQUEST A DEMO REQUEST A DEMO ](/contact-peak-power-inc/) ![BGIS](https://peakpowerenergy.com/wp-content/uploads/2022/11/image-36.png) “*BGIS views Peak Power and its proprietary software as a leader in the emerging energy storage market and is impressed at its understanding of the needs and requirements of the North American electricity sector*” ## Making it Profitable to Pursue Net Zero Peak Power is empowering businesses across industries to drive the clean energy transition. With best-in-class peak forecasting and market intelligence, we are translating and maximizing the value of distributed energy resources ### Operating in: ![Ontario](https://peakpowerenergy.com/wp-content/uploads/2022/11/360_F_434162474_2BAhAlhwVk7tKbbqKBYeB3tssTacr61k-1.png) #### Ontario: IESO [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/ontario-managing-global-adjustment/) ![Seal of Massachusetts](https://peakpowerenergy.com/wp-content/uploads/2022/11/2048px-Seal_of_Massachusetts-1.png) ## Massachusetts: ISO-NE [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/massachusetts-energy-storage-incentives/) ![new york state](https://peakpowerenergy.com/wp-content/uploads/2022/11/new-york-state-seal-1.png) ## New Jersey: NYISO [ LEARN HOW WE HELP LEARN HOW WE HELP ](https://peakpowerenergy.com/where-we-work/new-jersey/) ![new york state](https://peakpowerenergy.com/wp-content/uploads/2022/11/new-york-state-seal-1.png) ## New York: NYISO [ LEARN HOW WE HELP LEARN HOW WE HELP ](/where-we-work/managing-nyiso-icap/) ## Energy markets are complex. We make them simple. Contact us for a no-obligation discovery call to see how we can optimize your energy management strategy. --- ### [New Jersey](https://peakpowerenergy.com/where-we-work/new-jersey/) **Published:** November 17, 2025 **Author:** Overhaul **Content:** ## PJM Demand Response & Peak Shaving in New Jersey # Earn revenue and cut energy costs with battery storage and predictive demand response and demand management [ DOWNLOAD CALIFORNIA ENERGY INCENTIVES GUIDE DOWNLOAD CALIFORNIA ENERGY INCENTIVES GUIDE ](/battery-storage-resources/incentives-programs/#download-form) In PJM, large commercial and industrial energy users in New Jersey can achieve significant savings and unlock new revenue by making their energy use more flexible. Through demand response, capacity markets, peak shaving, and ancillary services, large commercial and industrial facilities can slash energy costs and earn payments for reducing demand when the grid needs support. **With Peak Power’s battery storage system powered by our [GridPredict](https://peakpowerenergy.com/energy-storage-management/coincident-peak-notifications/)™ software,** curtailment happens automatically – turning energy flexibility into a financial benefit while eliminating the need for labour-intensive, manual curtailment. Plus, Peak Power will develop, finance, operate, and maintain the battery storage system, giving facilities a zero-capex, zero labour solution to improve the bottom line and sustainability initiatives. ## Battery Energy Storage: The Smarter Way to Participate in PJM Demand Response Battery systems transform demand response from a manual, disruptive process into a precise, automated curtailment strategy. When PJM signals high demand, Peak Power’s AI-enabled controls discharge stored energy to reduce your facility’s grid draw in milliseconds. This automated curtailment can earn capacity and energy payments from PJM while also reducing your local demand charges. But that’s only one piece of the value stack. The same battery that earns demand response revenue can also generate returns year-round through: - **Peak Shaving:** Forecasted with GridPredict™, your system discharges during utility peak hours to lower monthly demand charges. - **Energy Arbitrage:** Charge when wholesale prices are low, discharge when they’re high to capture market spread. - **Ancillary Services:** Provide frequency regulation and reserves to PJM’s real-time markets. - **Incentives and Grants:** Benefit from [New Jersey’s Garden State Energy Storage Program](https://njcleanenergy.com/renewable-energy/programs/energy-storage-0) and federal investment tax credits. Together, these stacked benefits deliver long-term financial value all while supporting a more reliable, more sustainable grid. Peak Power provides an end-to-end solution: from feasibility studies and development to financing and permitting to market participation and settlement, helping your facility monetize energy with battery storage. ## Reduce Energy Costs & Boost Profitability ##### Download Your Free Curtailment Strategy Guide to learn: - Strategies that can reduce energy costs year-round. - How advanced technologies like battery storage, smart lighting, and predictive alerts help to optimize operations. - How other large manufacturers are implementing curtailment at their facilities. Whether you’re targeting immediate energy cost savings or long-term sustainability goals, this guide will help you get there. [ DOWNLOAD NOW DOWNLOAD NOW ](/battery-storage-resources/incentives-programs/#download-form) ![peak power curtailment](https://peakpowerenergy.com/wp-content/uploads/2025/08/curtailment-peak-power-square.jpg) ## Project highlight ![GHP Westchester Website Project Highlight](https://peakpowerenergy.com/wp-content/uploads/2023/02/GHP-Westchester-Website-Project-Highlight.png) ## Reducing ICAP costs with Energy Storage The energy storage system reduces utility costs and provides peak demand relief for the utility. Con Edison, the electric utility for this site, provides funding for this system to reduce peak demand during certain windows of time through the Demand Management Program. By participating in the program, the project received an incentive from Con Edison, which reduced the total project cost. [ SEE ALL PROJECTS SEE ALL PROJECTS ](/projects/battery-energy-storage-system) ### Location: Westchester, New York ### Client: GHP Realty ### Energy cost savings: $1,490,000 ![kearneymesa](https://peakpowerenergy.com/wp-content/uploads/2023/02/kearneymesa.jpg) ## Battery Innovation in California ### Location: Kearny Mesa, California ### Client: Mitsubishi ### Energy cost savings: $394,105 ### Emissions avoided: 6,048 tCO2e This innovative energy storage system is believed to be the first project of its kind to operate under FERC Order 841 and the CPUC’s decision on multi-use applications. The battery is located behind the manufacturing site’s retail meter with San Diego & Gas Electric so it can provide energy services for the facility like demand charge management and time-of-day rate shifting. It’s also equipped with a CAISO meter and RIG so it can be an energy resource for the California grid. This through-the-meter application of battery storage enables it to operate as a behind-the-meter or a front-of-the-meter resource. [ SEE ALL PROJECTS SEE ALL PROJECTS ](/commercial/) - [ Phone: (888) 732-5088 ](tel:(888)-732-5088) - [ Email: info@peakpowerenergy.com ](mailto:info@peakpowerenergy.com%20) Twitter Linkedin ## New Jersey Office 331 Newman Springs Rd Building #3, Suite #320, Red Bank, NJ 07701 [ CONTACT US CONTACT US ](#download-form) ## Profit from the Energy Transition Contact us to see how you can unlock the value of distributed energy. --- ### [Blog](https://peakpowerenergy.com/battery-energy-storage-operation-resources/blog/) **Published:** April 26, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** # Views from the Peak ## The Peak Energy Power blog [ OUR MEDIA COVERAGE OUR MEDIA COVERAGE ](/cleantech-news/) Explore resources, discover insights, and stay informed on the latest in the energy transition, decarbonization, grid reliability, distributed energy resources, cleantech, and more. Dive into stories from our team and find articles that make complex energy topics clear and actionable. The Peak Energy Blog is your source. ![Ontario Global Adjustment Nuclear Plant](https://peakpowerenergy.com/wp-content/uploads/2026/07/Ontario-Global-Adjustment_Nuclear-Plant.jpg) ### Ontario Global Adjustment Costs: What’s Driving GA Rates in 2026 and Beyond This article breaks down what Ontario Global Adjustment is, how it’s calculated, why rates have been unusually volatile, and expectations for GA costs. [ Read More ](https://peakpowerenergy.com/2026/08/07/ontario-global-adjustment-costs-whats-driving-ga-rates-in-2026-and-beyond/) ![Grid Modernization Leadership IWD](https://peakpowerenergy.com/wp-content/uploads/2026/03/Peak-Power-Blog-Header.png) ### Grid Modernization Leadership: Perspectives from Women Energy Leaders Women leaders at Peak Power share what grid modernization leadership looks like in a technical, capital-intensive sector, plus the skills and mindsets shaping the future grid. [ Read More ](https://peakpowerenergy.com/2026/03/12/grid-modernization-leadership-perspectives-from-women-energy-leaders/) ![IWD Peak Power Behind-the-meter energy storage female leaders](https://peakpowerenergy.com/wp-content/uploads/2026/03/IWD-Peak-Power-Behind-the-meter-energy-storage-female-leaders-1.png) ### Behind-the-Meter: Peak Power’s Female Energy Storage Leaders IWD perspectives on grid modernization and behind-the-meter energy storage, including how batteries reduce peak costs & support a more flexible electricity system [ Read More ](https://peakpowerenergy.com/2026/03/09/iwd-behind-the-meter-energy-storage/) ![](https://peakpowerenergy.com/wp-content/uploads/2026/01/IMG_2056-scaled.jpg) ### Release: Peak Power Awards Bursary to Promising Canadian Cleantech Student *Investing in the emerging energy innovators, Peak Power grants $1,500 to student who shows commitment to clean energy sector.* [ Read More ](https://peakpowerenergy.com/2026/01/19/release-peak-power-awards-bursary-to-promising-canadian-cleantech-student/) ![Peak Power recognized in the inaugural CleanAI 60 for AI-driven battery energy optimization](https://peakpowerenergy.com/wp-content/uploads/2026/07/peak-power-cleanai-60-ai-energy-optimization-e1786200939187.jpg) ### Peak Power Recognized in Inaugural CleanAI 60 for Advancing AI-Driven Energy Optimization Peak Power named to the inaugural CleanAI 60 for applying AI to battery energy storage and energy optimization, helping organizations reduce costs and support sustainability. [ Read More ](https://peakpowerenergy.com/2025/10/08/clean-ai-60-energy-optimization/) ![Peak Power Global Adjustment Cost Reduction Forecasting](https://peakpowerenergy.com/wp-content/uploads/2025/09/Peak-Power-Global-Adjustment-Cost-Reduction-Forecasting.jpg) ### Achieving Precision in GA Forecasting: Maximizing Global Adjustment Cost Reduction in 2025 Learn how leading peak demand forecasting from Peak Power is helping C&I facilities reduce GA costs even in today’s challenging market. [ Read More ](https://peakpowerenergy.com/2025/09/08/ontario-global-adjustment-cost-reduction/) [ Load More ](https://peakpowerenergy.com/battery-energy-storage-operation-resources/blog/?page=2) ![ICI Global Adjustment_Darlington Nuclear](https://peakpowerenergy.com/wp-content/uploads/2026/06/ICI-Global-Adjustment_Darlington-Nuclear.png) ### ICI: A Critical Tool to Ensure Grid Reliability in Ontario Ontario’s electricity system is entering one of the most consequential periods in its history. Against that backdrop, this is exactly the right moment to reinforce one of Ontario’s most [ Read Article ](https://www.energystoragecanada.org/esc-blog/ici-a-critical-tool-to-ensure-grid-reliability-in-ontario) ![Doran Hole Benjamin Baker Peak Power Board](https://peakpowerenergy.com/wp-content/uploads/2026/06/Doran-Hole-Benjamin-Baker.png) ### Peak Power Strengthens Board as Demand for Battery Storage and Grid Flexibility Accelerates Doran Hole and Benjamin Baker bring deep clean energy, capital markets, and infrastructure investment experience as rising capacity prices sharpen the need for fast, flexible, dependable energy solutions [ Read News Release ](https://www.thestar.com/globenewswire/peak-power-strengthens-board-as-demand-for-battery-storage-and-grid-flexibility-accelerates/article_9e858110-1d78-5224-a9e0-2ce9ad5bbfa3.html) ![Grid Resiliency Data Centre](https://peakpowerenergy.com/wp-content/uploads/2025/12/Grid-Resiliency-Data-Centre.png) ### Dependable Flexibility: The Fastest Path to a Resilient Grid The next phase of the clean energy transition won’t be defined by who can build the biggest assets. It will be defined by who can build the fastest, most [ Read Op-Ed ](https://thefutureeconomy.ca/op-eds/dependable-flexibility-the-fastest-path-to-a-resilient-grid/) ![NRCAN EIP 2025 Peak Power Battery Storage](https://peakpowerenergy.com/wp-content/uploads/2025/08/Website_News-Article-NRCAN-EIP-2025.jpg) ### Government of Canada Invests to Modernize Ontario’s Electricity Grid — Ensuring More Reliable Power for Ontarians Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced over $13 million in federal funding to support five clean energy projects in Ontario that will help modernize existing [ Read News Release ](https://www.canada.ca/en/natural-resources-canada/news/2025/08/government-of-canada-invests-to-modernize-ontarios-electricity-grid--ensuring-more-reliable-power-for-ontarians.html) ![](https://peakpowerenergy.com/wp-content/uploads/2025/07/AI-corporate-energy-playbook_AI.png) ### AI rewrites the corporate energy playbook Open Circuit Podcast, co-hosted by Stephen Lacey, Jigar Shah and Peak Power board member Katherine Hamilton. Together with their episode guest, Caroline Golin, they explore how emerging technologies are [ Listen Now ](https://www.latitudemedia.com/news/open-circuit-ai-rewrites-the-corporate-energy-playbook/) ![Peak Power Unit Tesla](https://peakpowerenergy.com/wp-content/uploads/2024/07/Rectangle-372.jpg) ### 4 Factors that Make Behind-the-Meter Battery Storage Financeable Financing behind-the-meter (demand-side) battery projects has always been challenging for commercial and industrial customers. Here are 4 factors that make it possible. [ Read Article ](https://www.nacleanenergy.com/energy-storage/4-factors-that-make-behind-the-meter-battery-storage-financeable) [ Load More ](https://peakpowerenergy.com/battery-energy-storage-operation-resources/blog/?page=2) ### Ontario Global Adjustment Costs: What’s Driving GA Rates in 2026 and Beyond Ontario Global Adjustment (GA) is a charge applied to electricity bills that covers the difference between the market price of electricity and the actual cost of building, maintaining, and contracting the province’s power generation. For large commercial and industrial energy users, GA can represent a significant share of total… ### Grid Modernization Leadership: Perspectives from Women Energy Leaders Grid modernization leadership is being defined in real time as the electricity system evolves: more renewables, more battery energy storage development, more digitalization, higher peaks, and a faster pace of change across markets, policy, and technology. In honour of International Women’s Day, we hear from the women leaders at… ### Behind-the-Meter: Peak Power’s Female Energy Storage Leaders International Women’s Day is a moment to recognize the women shaping the systems we all rely on. At Peak Power, that work is centred on behind-the-meter energy storage: battery systems deployed at commercial and industrial facilities to cut peak demand costs and support a more flexible grid as it… ### Release: Peak Power Awards Bursary to Promising Canadian Cleantech Student Investing in the emerging energy innovators, Peak Power grants $1,500 to student who shows commitment to clean energy sector TORONTO, ON – Peak Power Inc. has awarded its 2025 Future Cleantech Leader Bursary to student Azka Siddiqui, underscoring the company’s belief that human ingenuity remains central to innovation in… ### Peak Power Recognized in Inaugural CleanAI 60 for Advancing AI-Driven Energy Optimization Peak Power has been named to the inaugural CleanAI 60, a global list recognizing 60 ventures that use artificial intelligence to accelerate the transition to a more sustainable economy. Published by the CleanAI Initiative, the CleanAI 60 recognizes organizations demonstrating innovation, market traction, climate impact potential, and momentum across… ### Achieving Precision in GA Forecasting: Maximizing Global Adjustment Cost Reduction in 2025 The Changing Ontario Energy Market Ontario’s electricity system is in the middle of a significant transformation. Rising electrification, volatile demand patterns, and growing participation in demand response programs are making it increasingly difficult to predict when the grid will experience its highest system peaks. For decades, the Independent Electricity… [ Load More ](https://peakpowerenergy.com/battery-energy-storage-operation-resources/blog/?page=2) ![Ontario Global Adjustment Nuclear Plant](https://peakpowerenergy.com/wp-content/uploads/2026/07/Ontario-Global-Adjustment_Nuclear-Plant.jpg) ### Ontario Global Adjustment Costs: What’s Driving GA Rates in 2026 and Beyond This article breaks down what Ontario Global Adjustment is, how it’s calculated, why rates have been unusually volatile, and expectations for GA costs. [ Read More ](https://peakpowerenergy.com/2026/08/07/ontario-global-adjustment-costs-whats-driving-ga-rates-in-2026-and-beyond/) ![Grid Modernization Leadership IWD](https://peakpowerenergy.com/wp-content/uploads/2026/03/Peak-Power-Blog-Header.png) ### Grid Modernization Leadership: Perspectives from Women Energy Leaders Women leaders at Peak Power share what grid modernization leadership looks like in a technical, capital-intensive sector, plus the skills and mindsets shaping the future grid. [ Read More ](https://peakpowerenergy.com/2026/03/12/grid-modernization-leadership-perspectives-from-women-energy-leaders/) ![IWD Peak Power Behind-the-meter energy storage female leaders](https://peakpowerenergy.com/wp-content/uploads/2026/03/IWD-Peak-Power-Behind-the-meter-energy-storage-female-leaders-1.png) ### Behind-the-Meter: Peak Power’s Female Energy Storage Leaders IWD perspectives on grid modernization and behind-the-meter energy storage, including how batteries reduce peak costs & support a more flexible electricity system [ Read More ](https://peakpowerenergy.com/2026/03/09/iwd-behind-the-meter-energy-storage/) ![](https://peakpowerenergy.com/wp-content/uploads/2026/01/IMG_2056-scaled.jpg) ### Release: Peak Power Awards Bursary to Promising Canadian Cleantech Student *Investing in the emerging energy innovators, Peak Power grants $1,500 to student who shows commitment to clean energy sector.* [ Read More ](https://peakpowerenergy.com/2026/01/19/release-peak-power-awards-bursary-to-promising-canadian-cleantech-student/) ![Peak Power recognized in the inaugural CleanAI 60 for AI-driven battery energy optimization](https://peakpowerenergy.com/wp-content/uploads/2026/07/peak-power-cleanai-60-ai-energy-optimization-e1786200939187.jpg) ### Peak Power Recognized in Inaugural CleanAI 60 for Advancing AI-Driven Energy Optimization Peak Power named to the inaugural CleanAI 60 for applying AI to battery energy storage and energy optimization, helping organizations reduce costs and support sustainability. [ Read More ](https://peakpowerenergy.com/2025/10/08/clean-ai-60-energy-optimization/) ![Peak Power Global Adjustment Cost Reduction Forecasting](https://peakpowerenergy.com/wp-content/uploads/2025/09/Peak-Power-Global-Adjustment-Cost-Reduction-Forecasting.jpg) ### Achieving Precision in GA Forecasting: Maximizing Global Adjustment Cost Reduction in 2025 Learn how leading peak demand forecasting from Peak Power is helping C&I facilities reduce GA costs even in today’s challenging market. [ Read More ](https://peakpowerenergy.com/2025/09/08/ontario-global-adjustment-cost-reduction/) [ Load More ](https://peakpowerenergy.com/battery-energy-storage-operation-resources/blog/?page=2) ![ICI Global Adjustment_Darlington Nuclear](https://peakpowerenergy.com/wp-content/uploads/2026/06/ICI-Global-Adjustment_Darlington-Nuclear.png) ### ICI: A Critical Tool to Ensure Grid Reliability in Ontario Ontario’s electricity system is entering one of the most consequential periods in its history. Against that backdrop, this is exactly the right moment to reinforce one of Ontario’s most [ Read Article ](https://www.energystoragecanada.org/esc-blog/ici-a-critical-tool-to-ensure-grid-reliability-in-ontario) ![Doran Hole Benjamin Baker Peak Power Board](https://peakpowerenergy.com/wp-content/uploads/2026/06/Doran-Hole-Benjamin-Baker.png) ### Peak Power Strengthens Board as Demand for Battery Storage and Grid Flexibility Accelerates Doran Hole and Benjamin Baker bring deep clean energy, capital markets, and infrastructure investment experience as rising capacity prices sharpen the need for fast, flexible, dependable energy solutions [ Read News Release ](https://www.thestar.com/globenewswire/peak-power-strengthens-board-as-demand-for-battery-storage-and-grid-flexibility-accelerates/article_9e858110-1d78-5224-a9e0-2ce9ad5bbfa3.html) ![Grid Resiliency Data Centre](https://peakpowerenergy.com/wp-content/uploads/2025/12/Grid-Resiliency-Data-Centre.png) ### Dependable Flexibility: The Fastest Path to a Resilient Grid The next phase of the clean energy transition won’t be defined by who can build the biggest assets. It will be defined by who can build the fastest, most [ Read Op-Ed ](https://thefutureeconomy.ca/op-eds/dependable-flexibility-the-fastest-path-to-a-resilient-grid/) ![NRCAN EIP 2025 Peak Power Battery Storage](https://peakpowerenergy.com/wp-content/uploads/2025/08/Website_News-Article-NRCAN-EIP-2025.jpg) ### Government of Canada Invests to Modernize Ontario’s Electricity Grid — Ensuring More Reliable Power for Ontarians Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced over $13 million in federal funding to support five clean energy projects in Ontario that will help modernize existing [ Read News Release ](https://www.canada.ca/en/natural-resources-canada/news/2025/08/government-of-canada-invests-to-modernize-ontarios-electricity-grid--ensuring-more-reliable-power-for-ontarians.html) ![](https://peakpowerenergy.com/wp-content/uploads/2025/07/AI-corporate-energy-playbook_AI.png) ### AI rewrites the corporate energy playbook Open Circuit Podcast, co-hosted by Stephen Lacey, Jigar Shah and Peak Power board member Katherine Hamilton. Together with their episode guest, Caroline Golin, they explore how emerging technologies are [ Listen Now ](https://www.latitudemedia.com/news/open-circuit-ai-rewrites-the-corporate-energy-playbook/) ![Peak Power Unit Tesla](https://peakpowerenergy.com/wp-content/uploads/2024/07/Rectangle-372.jpg) ### 4 Factors that Make Behind-the-Meter Battery Storage Financeable Financing behind-the-meter (demand-side) battery projects has always been challenging for commercial and industrial customers. Here are 4 factors that make it possible. [ Read Article ](https://www.nacleanenergy.com/energy-storage/4-factors-that-make-behind-the-meter-battery-storage-financeable) [ Load More ](https://peakpowerenergy.com/battery-energy-storage-operation-resources/blog/?page=2) ### Ontario Global Adjustment Costs: What’s Driving GA Rates in 2026 and Beyond Ontario Global Adjustment (GA) is a charge applied to electricity bills that covers the difference between the market price of electricity and the actual cost of building, maintaining, and contracting the province’s power generation. For large commercial and industrial energy users, GA can represent a significant share of total… ### Grid Modernization Leadership: Perspectives from Women Energy Leaders Grid modernization leadership is being defined in real time as the electricity system evolves: more renewables, more battery energy storage development, more digitalization, higher peaks, and a faster pace of change across markets, policy, and technology. In honour of International Women’s Day, we hear from the women leaders at… ### Behind-the-Meter: Peak Power’s Female Energy Storage Leaders International Women’s Day is a moment to recognize the women shaping the systems we all rely on. At Peak Power, that work is centred on behind-the-meter energy storage: battery systems deployed at commercial and industrial facilities to cut peak demand costs and support a more flexible grid as it… ### Release: Peak Power Awards Bursary to Promising Canadian Cleantech Student Investing in the emerging energy innovators, Peak Power grants $1,500 to student who shows commitment to clean energy sector TORONTO, ON – Peak Power Inc. has awarded its 2025 Future Cleantech Leader Bursary to student Azka Siddiqui, underscoring the company’s belief that human ingenuity remains central to innovation in… ### Peak Power Recognized in Inaugural CleanAI 60 for Advancing AI-Driven Energy Optimization Peak Power has been named to the inaugural CleanAI 60, a global list recognizing 60 ventures that use artificial intelligence to accelerate the transition to a more sustainable economy. Published by the CleanAI Initiative, the CleanAI 60 recognizes organizations demonstrating innovation, market traction, climate impact potential, and momentum across… ### Achieving Precision in GA Forecasting: Maximizing Global Adjustment Cost Reduction in 2025 The Changing Ontario Energy Market Ontario’s electricity system is in the middle of a significant transformation. Rising electrification, volatile demand patterns, and growing participation in demand response programs are making it increasingly difficult to predict when the grid will experience its highest system peaks. For decades, the Independent Electricity… [ Load More ](https://peakpowerenergy.com/battery-energy-storage-operation-resources/blog/?page=2) ![Ontario Global Adjustment Nuclear Plant](https://peakpowerenergy.com/wp-content/uploads/2026/07/Ontario-Global-Adjustment_Nuclear-Plant.jpg) ### Ontario Global Adjustment Costs: What’s Driving GA Rates in 2026 and Beyond This article breaks down what Ontario Global Adjustment is, how it’s calculated, why rates have been unusually volatile, and expectations for GA costs. [ Read More ](https://peakpowerenergy.com/2026/08/07/ontario-global-adjustment-costs-whats-driving-ga-rates-in-2026-and-beyond/) ![Grid Modernization Leadership IWD](https://peakpowerenergy.com/wp-content/uploads/2026/03/Peak-Power-Blog-Header.png) ### Grid Modernization Leadership: Perspectives from Women Energy Leaders Women leaders at Peak Power share what grid modernization leadership looks like in a technical, capital-intensive sector, plus the skills and mindsets shaping the future grid. [ Read More ](https://peakpowerenergy.com/2026/03/12/grid-modernization-leadership-perspectives-from-women-energy-leaders/) ![IWD Peak Power Behind-the-meter energy storage female leaders](https://peakpowerenergy.com/wp-content/uploads/2026/03/IWD-Peak-Power-Behind-the-meter-energy-storage-female-leaders-1.png) ### Behind-the-Meter: Peak Power’s Female Energy Storage Leaders IWD perspectives on grid modernization and behind-the-meter energy storage, including how batteries reduce peak costs & support a more flexible electricity system [ Read More ](https://peakpowerenergy.com/2026/03/09/iwd-behind-the-meter-energy-storage/) ![](https://peakpowerenergy.com/wp-content/uploads/2026/01/IMG_2056-scaled.jpg) ### Release: Peak Power Awards Bursary to Promising Canadian Cleantech Student *Investing in the emerging energy innovators, Peak Power grants $1,500 to student who shows commitment to clean energy sector.* [ Read More ](https://peakpowerenergy.com/2026/01/19/release-peak-power-awards-bursary-to-promising-canadian-cleantech-student/) ![Peak Power recognized in the inaugural CleanAI 60 for AI-driven battery energy optimization](https://peakpowerenergy.com/wp-content/uploads/2026/07/peak-power-cleanai-60-ai-energy-optimization-e1786200939187.jpg) ### Peak Power Recognized in Inaugural CleanAI 60 for Advancing AI-Driven Energy Optimization Peak Power named to the inaugural CleanAI 60 for applying AI to battery energy storage and energy optimization, helping organizations reduce costs and support sustainability. [ Read More ](https://peakpowerenergy.com/2025/10/08/clean-ai-60-energy-optimization/) ![Peak Power Global Adjustment Cost Reduction Forecasting](https://peakpowerenergy.com/wp-content/uploads/2025/09/Peak-Power-Global-Adjustment-Cost-Reduction-Forecasting.jpg) ### Achieving Precision in GA Forecasting: Maximizing Global Adjustment Cost Reduction in 2025 Learn how leading peak demand forecasting from Peak Power is helping C&I facilities reduce GA costs even in today’s challenging market. [ Read More ](https://peakpowerenergy.com/2025/09/08/ontario-global-adjustment-cost-reduction/) [ Load More ](https://peakpowerenergy.com/battery-energy-storage-operation-resources/blog/?page=2) ### Ontario Global Adjustment Costs: What’s Driving GA Rates in 2026 and Beyond Ontario Global Adjustment (GA) is a charge applied to electricity bills that covers the difference between the market price of electricity and the actual cost of building, maintaining, and contracting the province’s power generation. For large commercial and industrial energy users, GA can represent a significant share of total… ### Grid Modernization Leadership: Perspectives from Women Energy Leaders Grid modernization leadership is being defined in real time as the electricity system evolves: more renewables, more battery energy storage development, more digitalization, higher peaks, and a faster pace of change across markets, policy, and technology. In honour of International Women’s Day, we hear from the women leaders at… ### Behind-the-Meter: Peak Power’s Female Energy Storage Leaders International Women’s Day is a moment to recognize the women shaping the systems we all rely on. At Peak Power, that work is centred on behind-the-meter energy storage: battery systems deployed at commercial and industrial facilities to cut peak demand costs and support a more flexible grid as it… ### Release: Peak Power Awards Bursary to Promising Canadian Cleantech Student Investing in the emerging energy innovators, Peak Power grants $1,500 to student who shows commitment to clean energy sector TORONTO, ON – Peak Power Inc. has awarded its 2025 Future Cleantech Leader Bursary to student Azka Siddiqui, underscoring the company’s belief that human ingenuity remains central to innovation in… ### Peak Power Recognized in Inaugural CleanAI 60 for Advancing AI-Driven Energy Optimization Peak Power has been named to the inaugural CleanAI 60, a global list recognizing 60 ventures that use artificial intelligence to accelerate the transition to a more sustainable economy. Published by the CleanAI Initiative, the CleanAI 60 recognizes organizations demonstrating innovation, market traction, climate impact potential, and momentum across… ### Achieving Precision in GA Forecasting: Maximizing Global Adjustment Cost Reduction in 2025 The Changing Ontario Energy Market Ontario’s electricity system is in the middle of a significant transformation. Rising electrification, volatile demand patterns, and growing participation in demand response programs are making it increasingly difficult to predict when the grid will experience its highest system peaks. For decades, the Independent Electricity… [ Load More ](https://peakpowerenergy.com/battery-energy-storage-operation-resources/blog/?page=2) ![Ontario Global Adjustment Nuclear Plant](https://peakpowerenergy.com/wp-content/uploads/2026/07/Ontario-Global-Adjustment_Nuclear-Plant.jpg) ### Ontario Global Adjustment Costs: What’s Driving GA Rates in 2026 and Beyond This article breaks down what Ontario Global Adjustment is, how it’s calculated, why rates have been unusually volatile, and expectations for GA costs. [ Read More ](https://peakpowerenergy.com/2026/08/07/ontario-global-adjustment-costs-whats-driving-ga-rates-in-2026-and-beyond/) ![Grid Modernization Leadership IWD](https://peakpowerenergy.com/wp-content/uploads/2026/03/Peak-Power-Blog-Header.png) ### Grid Modernization Leadership: Perspectives from Women Energy Leaders Women leaders at Peak Power share what grid modernization leadership looks like in a technical, capital-intensive sector, plus the skills and mindsets shaping the future grid. [ Read More ](https://peakpowerenergy.com/2026/03/12/grid-modernization-leadership-perspectives-from-women-energy-leaders/) ![IWD Peak Power Behind-the-meter energy storage female leaders](https://peakpowerenergy.com/wp-content/uploads/2026/03/IWD-Peak-Power-Behind-the-meter-energy-storage-female-leaders-1.png) ### Behind-the-Meter: Peak Power’s Female Energy Storage Leaders IWD perspectives on grid modernization and behind-the-meter energy storage, including how batteries reduce peak costs & support a more flexible electricity system [ Read More ](https://peakpowerenergy.com/2026/03/09/iwd-behind-the-meter-energy-storage/) ![](https://peakpowerenergy.com/wp-content/uploads/2026/01/IMG_2056-scaled.jpg) ### Release: Peak Power Awards Bursary to Promising Canadian Cleantech Student *Investing in the emerging energy innovators, Peak Power grants $1,500 to student who shows commitment to clean energy sector.* [ Read More ](https://peakpowerenergy.com/2026/01/19/release-peak-power-awards-bursary-to-promising-canadian-cleantech-student/) ![Peak Power recognized in the inaugural CleanAI 60 for AI-driven battery energy optimization](https://peakpowerenergy.com/wp-content/uploads/2026/07/peak-power-cleanai-60-ai-energy-optimization-e1786200939187.jpg) ### Peak Power Recognized in Inaugural CleanAI 60 for Advancing AI-Driven Energy Optimization Peak Power named to the inaugural CleanAI 60 for applying AI to battery energy storage and energy optimization, helping organizations reduce costs and support sustainability. [ Read More ](https://peakpowerenergy.com/2025/10/08/clean-ai-60-energy-optimization/) ![Peak Power Global Adjustment Cost Reduction Forecasting](https://peakpowerenergy.com/wp-content/uploads/2025/09/Peak-Power-Global-Adjustment-Cost-Reduction-Forecasting.jpg) ### Achieving Precision in GA Forecasting: Maximizing Global Adjustment Cost Reduction in 2025 Learn how leading peak demand forecasting from Peak Power is helping C&I facilities reduce GA costs even in today’s challenging market. [ Read More ](https://peakpowerenergy.com/2025/09/08/ontario-global-adjustment-cost-reduction/) [ Load More ](https://peakpowerenergy.com/battery-energy-storage-operation-resources/blog/?page=2) ![Ontario Global Adjustment Nuclear Plant](https://peakpowerenergy.com/wp-content/uploads/2026/07/Ontario-Global-Adjustment_Nuclear-Plant.jpg) ### Ontario Global Adjustment Costs: What’s Driving GA Rates in 2026 and Beyond This article breaks down what Ontario Global Adjustment is, how it’s calculated, why rates have been unusually volatile, and expectations for GA costs. [ Read More ](https://peakpowerenergy.com/2026/08/07/ontario-global-adjustment-costs-whats-driving-ga-rates-in-2026-and-beyond/) ![Grid Modernization Leadership IWD](https://peakpowerenergy.com/wp-content/uploads/2026/03/Peak-Power-Blog-Header.png) ### Grid Modernization Leadership: Perspectives from Women Energy Leaders Women leaders at Peak Power share what grid modernization leadership looks like in a technical, capital-intensive sector, plus the skills and mindsets shaping the future grid. [ Read More ](https://peakpowerenergy.com/2026/03/12/grid-modernization-leadership-perspectives-from-women-energy-leaders/) ![IWD Peak Power Behind-the-meter energy storage female leaders](https://peakpowerenergy.com/wp-content/uploads/2026/03/IWD-Peak-Power-Behind-the-meter-energy-storage-female-leaders-1.png) ### Behind-the-Meter: Peak Power’s Female Energy Storage Leaders IWD perspectives on grid modernization and behind-the-meter energy storage, including how batteries reduce peak costs & support a more flexible electricity system [ Read More ](https://peakpowerenergy.com/2026/03/09/iwd-behind-the-meter-energy-storage/) ![](https://peakpowerenergy.com/wp-content/uploads/2026/01/IMG_2056-scaled.jpg) ### Release: Peak Power Awards Bursary to Promising Canadian Cleantech Student *Investing in the emerging energy innovators, Peak Power grants $1,500 to student who shows commitment to clean energy sector.* [ Read More ](https://peakpowerenergy.com/2026/01/19/release-peak-power-awards-bursary-to-promising-canadian-cleantech-student/) ![Peak Power recognized in the inaugural CleanAI 60 for AI-driven battery energy optimization](https://peakpowerenergy.com/wp-content/uploads/2026/07/peak-power-cleanai-60-ai-energy-optimization-e1786200939187.jpg) ### Peak Power Recognized in Inaugural CleanAI 60 for Advancing AI-Driven Energy Optimization Peak Power named to the inaugural CleanAI 60 for applying AI to battery energy storage and energy optimization, helping organizations reduce costs and support sustainability. [ Read More ](https://peakpowerenergy.com/2025/10/08/clean-ai-60-energy-optimization/) ![Peak Power Global Adjustment Cost Reduction Forecasting](https://peakpowerenergy.com/wp-content/uploads/2025/09/Peak-Power-Global-Adjustment-Cost-Reduction-Forecasting.jpg) ### Achieving Precision in GA Forecasting: Maximizing Global Adjustment Cost Reduction in 2025 Learn how leading peak demand forecasting from Peak Power is helping C&I facilities reduce GA costs even in today’s challenging market. [ Read More ](https://peakpowerenergy.com/2025/09/08/ontario-global-adjustment-cost-reduction/) [ Load More ](https://peakpowerenergy.com/battery-energy-storage-operation-resources/blog/?page=2) ## Looking to Improve Your Curtailment Strategy? With the right strategies large commercial and industrial facilities can maximize their electricity curtailment savings and minimize impact to operations. Whether you’re targeting immediate energy cost savings or long-term sustainability goals, this guide will help you get there. [ Download My Strategy Guide FIND ENERGY INCENTIVES ](/resources-battery-storage-operation/incentives-programs/) ## Let’s Work Together Contact us to book your free virtual site assessment to determine if distributed energy resources could contribute to your financial and environmental goals. --- ### [Project Management (Step 2)](https://peakpowerenergy.com/battery-energy-storage-development/project-management-ci-energy-storage/) **Published:** November 17, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # Project Management for C&I Energy Storage ## Reduce OPEX with end-to-end energy storage services [ TALK TO US TALK TO US ](/contact-peak-power-inc/) Developing C&I energy storage projects is easy with Peak Power. Our Project Management team oversees the entire process from start to finish, giving our customers a single point of contact. We work around your maintenance schedule so your operations are never impacted by a project. ## Permitting, Safety, and Interconnection Before any work starts, we ensure we have the proper approvals from the municipality, utility, fire department, and regulatory bodies. ![Peak Power Unit Battery Energy](https://peakpowerenergy.com/wp-content/uploads/2023/02/peakpower_westchester-2-1024x683.jpg) ![Peak Power Business](https://peakpowerenergy.com/wp-content/uploads/2023/05/Peak.Office-38-1024x683.jpg) ## Detailed Engineering and Equipment Specification Our trusted consultants and experts create the electrical interconnection design and site development plan and assesses whether utility upgrades are required. From there, they determine the most suitable battery, transformer, and other electrical components. ## Procurement and Vendor Management We work in the energy storage space day in and day out. We’ve built an ecosystem of trusted service providers and OEMS who are chosen based on site requirements determined in our feasibility assessment. We evaluate everything from battery degradation ratings to electrical service contracts, keeping your goals top of mind. ![Experts discussing](https://peakpowerenergy.com/wp-content/uploads/2023/04/15-1024x538.jpg) [ Next Step: Fully Financed Energy Storage Next Step: Fully Financed Energy Storage ](/energy-storage-solutions/battery-energy-storage-development/financing-battery-storage-cost/) ## We’ll Take the Load Off​ ## ## Energy Expertise Tap into our broad range of technical, regulatory, and market experience. ## ## Service-Level Agreement Our interests are aligned with customers’ to keep projects on time and on budget. ## ## Strategic Assessment Comprehensive evaluation of risks, opportunities, and system capacity to drive project success. ![Energy Battery Peak Power](https://peakpowerenergy.com/wp-content/uploads/elementor/thumbs/photo-1647427060118-4911c9821b82-r4galrrroeabw6p3sh3v1odgvaezkkylrfg8qzn2i8.avif "photo-1647427060118-4911c9821b82") ## Free up Budget by Reducing Energy Costs Battery energy storage systems can slash your electricity bills without disrupting daily operations or adding to your workload. Use the savings to finally tackle deferred maintenance projects and keep your facility running smoothly. [ TALK TO OUR EXPERTS TALK TO OUR EXPERTS ](/contact-peak-power-inc/) ![Starlight_Investments - Logo](https://peakpowerenergy.com/wp-content/uploads/2023/03/Starlight_Investments-Logo_-e1683136694650.png) We are delighted to be one of the first commercial building owners in Canada to install behind-the-meter battery energy storage. Innovative technology such as energy storage and Peak Power’s software are providing options to building owners for better ways to manage our day-to-day energy needs. ## Energy Storage Solutions for Large Energy Users End-to-end battery storage development and energy optimization solutions powered by industry-leading peak forecasting and market intelligence. We help large energy users across North America reduce electricity costs, unlock new revenue streams, and pursue sustainability goals. #### Manufacturing and Processing [ LEARN HOW WE HELP LEARN HOW WE HELP ](/who-we-serve/manufacturing-processing/) #### Warehousing, Distribution, and Cold Storage [ LEARN HOW WE HELP LEARN HOW WE HELP ](/who-we-serve/logistics/) #### Multi-Facility Campuses [ LEARN HOW WE HELP LEARN HOW WE HELP ](/who-we-serve/corporate-industrial-academic-campuses/) --- ### [California](https://peakpowerenergy.com/where-we-work/california-battery-storage-incentives/) **Published:** November 30, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** ## Where we work: California # Unlock California Battery Storage Incentives [ DOWNLOAD CALIFORNIA ENERGY INCENTIVES GUIDE DOWNLOAD CALIFORNIA ENERGY INCENTIVES GUIDE ](/battery-storage-resources/incentives-programs/#download-form) Peak Power partners with large energy users to slash energy demand charges and help them become active energy market participants to unlock California Battery Storage Incentives. Our proprietary forecasting technology achieves an industry-leading 90%+ accuracy in predicting grid events, maximizing your financial benefits. Through strategic deployment of battery energy storage systems and optimized curtailment strategies, we deliver exceptional results—generating an average value of $160,000 per megawatt. ## Profit from the Clean Energy Transition The California government is passing some of the most aggressive climate and energy legislation in the world. It is bringing forward lucrative battery storage incentives as the state recognizes batteries as a major technology to power the shift to clean energy. Facilities operating in California can tap into a host of demand response and other grid services programs that generate great savings and revenue. Proxy Demand Response allows companies to sell their electricity savings directly to CAISO’s wholesale market without going through an intermediary. Proxy Demand Resource – Load Shift Resource (PDR-LSR) allows storage resources to bid decreases and increases in load. Most distributed energy resources in California, including behind-the-meter energy storage, provide grid services through Investor-Owned Utilities or Community Choice Aggregators. There are standardized programs across territories (Base Interruptible Program, Capacity Bidding Program, and the Emergency Load Reduction Program) and unique offerings from each utility. Demand response encompasses reductions, increases, or shifts in electricity consumption in response to economic or grid reliability signals. The challenge for energy and facility managers is identifying the exact time to reduce energy or dispatch a distributed energy resource like battery storage. That’s where Peak Power’s forecasting abilities come in. We take the guesswork out of manual curtailment with our GridPredict notifications. For a fully automated solution that earns even bigger savings, we provide a no-cost, end-to-end battery energy storage solution. ## Reduce Energy Costs & Boost Profitability ##### Download Your Free Curtailment Strategy Guide to learn: - Strategies that can reduce energy costs year-round. - How advanced technologies like battery storage, smart lighting, and predictive alerts help to optimize operations. - How other large manufacturers are implementing curtailment at their facilities. Whether you’re targeting immediate energy cost savings or long-term sustainability goals, this guide will help you get there. [ DOWNLOAD NOW DOWNLOAD NOW ](/battery-storage-resources/incentives-programs/#download-form) ![peak power curtailment](https://peakpowerenergy.com/wp-content/uploads/2025/08/curtailment-peak-power-square.jpg) ![kearneymesa](https://peakpowerenergy.com/wp-content/uploads/2023/02/kearneymesa.jpg) ## Battery Innovation in California This innovative energy storage system is believed to be the first project of its kind to operate under FERC Order 841 and the CPUC’s decision on multi-use applications. The battery is located behind the manufacturing site’s retail meter with San Diego & Gas Electric so it can provide energy services for the facility like demand charge management and time-of-day rate shifting. It’s also equipped with a CAISO meter and RIG so it can be an energy resource for the California grid. This through-the-meter application of battery storage enables it to operate as a behind-the-meter or a front-of-the-meter resource. [ EXPLORE OTHER PROJECTS EXPLORE OTHER PROJECTS ](/battery-energy-storage-system/) ### Location: Kearny Mesa, California ### Client: Mitsubishi ### Energy cost savings: $394,105 ### Capacity size: 1000 kW / 4000 kWh ![kearneymesa](https://peakpowerenergy.com/wp-content/uploads/2023/02/kearneymesa.jpg) ## Battery Innovation in California This innovative energy storage system is believed to be the first project of its kind to operate under FERC Order 841 and the CPUC’s decision on multi-use applications. The battery is located behind the manufacturing site’s retail meter with San Diego & Gas Electric so it can provide energy services for the facility like demand charge management and time-of-day rate shifting. It’s also equipped with a CAISO meter and RIG so it can be an energy resource for the California grid. This through-the-meter application of battery storage enables it to operate as a behind-the-meter or a front-of-the-meter resource. [ SEE ALL PROJECTS SEE ALL PROJECTS ](/commercial/) ### Location: Kearny Mesa, California ### Client: Mitsubishi ### Energy cost savings: $394,105 ![kearneymesa](https://peakpowerenergy.com/wp-content/uploads/2023/02/kearneymesa.jpg) ## Battery Innovation in California ### Location: Kearny Mesa, California ### Client: Mitsubishi ### Energy cost savings: $394,105 ### Emissions avoided: 6,048 tCO2e This innovative energy storage system is believed to be the first project of its kind to operate under FERC Order 841 and the CPUC’s decision on multi-use applications. The battery is located behind the manufacturing site’s retail meter with San Diego & Gas Electric so it can provide energy services for the facility like demand charge management and time-of-day rate shifting. It’s also equipped with a CAISO meter and RIG so it can be an energy resource for the California grid. This through-the-meter application of battery storage enables it to operate as a behind-the-meter or a front-of-the-meter resource. [ SEE ALL PROJECTS SEE ALL PROJECTS ](/commercial/) - [ Phone: (888) 732-5088 ](tel:(888)-732-5088) - [ Email: info@peakpowerenergy.com ](mailto:info@peakpowerenergy.com%20) Twitter Linkedin ## California Office 2081 Center Street, Berkeley, California 94704 [ CONTACT US CONTACT US ](#download-form) ## Profit from the Energy Transition Contact us to see how you can unlock the value of distributed energy. --- ### [Massachusetts](https://peakpowerenergy.com/where-we-work/massachusetts-energy-storage-incentives/) **Published:** November 28, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** ## Where we Work: Massachusetts # Unlock the value of Massachusetts energy storage incentives [ DOWNLOAD MASSACHUSETTS ENERGY INCENTIVES GUIDE DOWNLOAD MASSACHUSETTS ENERGY INCENTIVES GUIDE ](/battery-storage-resources/incentives-programs/#download-form) Peak Power partners with large energy users to slash energy demand charges and help them become active energy market participants. Our proprietary forecasting technology achieves an industry-leading 90%+ accuracy in predicting grid events, maximizing your financial benefits. Through strategic deployment of battery energy storage systems and optimized curtailment strategies, we deliver exceptional results—generating an average value of $160,000 per megawatt. ## Massachusetts Energy Storage Incentives Maximize savings and revenue by taking advantage of federal, state, municipal, and utility incentives with your clean energy projects. In Massachusetts there are several incentives and programs available that facilities can take advantage of. These include the Renewable Energy Property Tax Exemption – a 20-year tax exemption applied to the increased value of real property resulting from the development of clean energy projects – and the EV Charging Station Program which is a financial incentive to install electric vehicle charging stations at commercial sites. Massachusetts has also created the ConnectedSolutions program which enables commercial, industrial, and manufacturing facilities to make money by reducing their energy consumption during peak demand events. The challenge for energy and facility managers is identifying the exact time to reduce energy or dispatch a distributed energy resource like battery storage. That’s where Peak Power’s forecasting abilities come in. We take the guesswork out of manual curtailment with our Coincident Peak notifications. For a fully automated solution that earns even bigger savings, we provide a no-cost, end-to-end battery energy storage solution. ## Reduce Energy Costs & Boost Profitability ##### Download Your Free Curtailment Strategy Guide to learn: - Strategies that can reduce energy costs year-round. - How advanced technologies like battery storage, smart lighting, and predictive alerts help to optimize operations. - How other large manufacturers are implementing curtailment at their facilities. Whether you’re targeting immediate energy cost savings or long-term sustainability goals, this guide will help you get there. [ DOWNLOAD NOW DOWNLOAD NOW ](/battery-storage-resources/incentives-programs/#download-form) ![peak power curtailment](https://peakpowerenergy.com/wp-content/uploads/2025/08/curtailment-peak-power-square.jpg) ## Project highlight ![westchester](https://peakpowerenergy.com/wp-content/uploads/2023/02/westchester.jpg) ## Reducing ICAP costs with Energy Storage The energy storage system reduces utility costs and provides peak demand relief for the utility. Con Edison, the electric utility for this site, provides funding for this system to reduce peak demand during certain windows of time through the Demand Management Program. By participating in the program, the project received an incentive from Con Edison, which reduced the total project cost. [ SEE ALL PROJECTS SEE ALL PROJECTS ](/commercial/) ### Location: Westchester, New York ### Client: GHP Realty ### Energy cost savings: $495,742 ## Project Highlight ![150 bloor](https://peakpowerenergy.com/wp-content/uploads/2022/09/150-bloor.jpg) ## Reducing ICAP costs with Energy Storage ### Location: Westchester, New York ### Client: GHP Realty ### Energy cost savings: $495,742 The energy storage system reduces utility costs and provides peak demand relief for the utility. Con Edison, the electric utility for this site, provides funding for this system to reduce peak demand during certain windows of time through the Demand Management Program. By participating in the program, the project received an incentive from Con Edison, which reduced the total project cost. [ SEE ALL PROJECTS SEE ALL PROJECTS ](/commercial/) ## Massachusetts Office - [ Phone: (888) 732-5088 ](tel:(888)-732-5088) 444 Somerville Ave Somerville, MA 02143 [ CONTACT US CONTACT US ](#download) ## Profit from the Energy Transition Contact us to see how you can unlock the value of distributed energy. --- ### [Channel Partner Program](https://peakpowerenergy.com/about-us-distributed-energy-resources/channel-partner-program/) **Published:** March 13, 2024 **Author:** Overhaul **Content:** # Grow Your Business with Energy Storage End-to-End support to offer Energy Storage as a Service [ GET STARTED GET STARTED ](#form) Peak Power’s Channel Partner Program makes it easy for EPCs, solar developers, and energy brokers to drive revenue with energy storage. With our robust finance partner network and Shared Savings Agreements, you can offer energy storage as a service at no cost to your customers—helping them reduce energy costs and meet sustainability goals while opening up revenue opportunities for your business. We’re making it profitable for o*ur partners and their customers* to pursue net zero. ## Channel Partner Programs ##### Are you working with large industrial, manufacturing, or commercial facilities in IESO, ISO-NE, PJM, or NYISO? Partner with Peak Power to grow your business with energy storage as a service. ### Referral Partner Referral fee with increasing tiers based on volume Hardware agnostic solutions Access to energy storage toolkit and collateral ### Gigawatt Partner End-to-end project support Geographic targeting guidance based on potential revenue stacks Access to energy storage toolkit and collateral Co-marketing: webinars and co-branded material Free training Access to DER partner network Dedicated Partner Account Manager \*Partner tiers are based on contributed sales volume. To qualify as a Gigawatt partner, companies must meet minimum thresholds. ## Are You a Financier Looking to Invest in the Clean Energy Transition? **The energy transition represents a once-in-a-generation opportunity as pivotal as the Industrial Revolution or the Internet. Partner with Peak Power to drive your IRR objectives and contribute to the electricity grid of the future.** [ Get in Touch Get in Touch ](#form) “Peak Power brings an incredible amount of energy storage expertise to the table. They provide the knowledge, tools, and financing partnerships needed to seamlessly integrate an energy storage solution as an additional offering to our customers. By partnering with Peak Power, we’re positioning our company as a leader in the growing energy storage market, not only by harnessing new revenue opportunities but also deepening our customer relationships.” ![Thomas Morrisson, Director of Energy Management](https://peakpowerenergy.com/wp-content/uploads/2024/02/Thomas-Morrisson-Director-of-Energy-Management.png) Thomas MorrissonDirector of Energy Management EN-POWER Group ## We’ll Take the Load Off Peak Power provides end-to-end enablement support so your business can profit from the growing energy storage market. Tap into our expertise and position your business for success. ## Boost Revenue Maximize financial returns with referral fees or joint sales opportunities. We’ll also collaborate on co-marketing initiatives to amplify your reach. ## Deliver Value to Your Customers Our energy storage solutions could save your customers more than $60,000 per MW per year. ## End-to-End Sales Enablement Gain access to tools, resources, training, and expert support to confidently offer energy storage. ## No Cost Energy Storage Offering Our end-to-end model removes upfront costs for your customers by covering development, permitting, equipment, and construction expenses. With our fully financed energy storage as a service solution, your customers avoid operational and market risks while reaping the economic and environmental benefits of battery storage. [ TALK TO OUR EXPERTS TALK TO OUR EXPERTS ](#form) ### Interested in How it Works? [Contact our Channel Partner Success Team today](#form) Read Bio [ ![linkedIn icon](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-280.png) ](https://www.linkedin.com/in/jonathanberube/) ### [Jonathan Berube](https://www.linkedin.com/in/jonathanberube/) Marketing Manager Read Bio [ ![linkedIn icon](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-280.png) ](https://www.linkedin.com/in/archiea/) ### [Archie Adams](https://www.linkedin.com/in/archiea/) Director of Partnerships ## Let’s Start a Partnership Conversation --- ### [Feasibility Assessment (Step 1)](https://peakpowerenergy.com/battery-energy-storage-development/feasibility-solar-energy-storage/) **Published:** November 17, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # Feasibility Assessments for Distributed Energy ## Determine the viability of batteries or solar + energy storage [ TALK TO US TALK TO US ](/contact-peak-power-inc/) The first step of a project is to conduct a feasibility assessment to determine the true economic and environmental value of an energy storage or solar + energy storage system. We will analyze interconnection specifications, regulatory considerations, permitting, incentive structuring, grid mix, technology and sizing assessments, and more. Any feasibility assessment starts with your business’s goals and objectives. Whether your organization is looking for financial ROI, environmental ROI, or both, Peak Power can help set the necessary groundwork. ## Financial Modelling and Forecasting We take an extremely detailed approach to financial modelling. We assess the facility’s daily and seasonal energy use profile and line it up against numerous energy market factors. We look for opportunities to operate the battery for multiple revenue streams in the long term. Our industry-leading forecasting capabilities ensure we’re able to deliver on the proposed model. Our profitability is tied to your success. ## Environmental and Technical Assessment Environmental factors can become roadblocks to projects, such as protected species nesting on site, soil and water contamination, or proximity to bodies of water. We identify any issues as well as potential workarounds. Fire codes and interconnection requirements make each site unique. Your utility and local grid infrastructure needs to be set up to handle adding energy resources. We review all physical components of a project to ensure it’s appropriate for siting a battery. ## Solar + Storage Opportunity Analysis​ If you’re seeking environmental impact, installing on-site solar paired with storage is the go-to solution. Solar arrays provide a clean energy resource while the battery provides flexibility by making the stored power available to discharge at any time. Along with our ecosystem of partners, we can determine which type of solar installation is suitable for your facility. [ Next Step: Project Management Next Step: Project Management ](/energy-storage-solutions/battery-energy-storage-development/project-management-ci-energy-storage/) ## We’ll Take the Load Off ### Experts in Your Corner​ Our energy markets team, engineers, development team, and strategic partnerships give you access to the experts you need all in one place. ### Goal Focused We work with you to determine your environmental and financial goals and then outline the best path forward. ### End-to-End Solution We manage the entire battery development process, including what is often the most challenging part of any project: permitting and interconnection ![factory power feasibility study](https://peakpowerenergy.com/wp-content/uploads/elementor/thumbs/homa-appliances-sz1CHL7Pky0-unsplash-scaled-r4gbxqhaf1y2bv0ypphis2n84409ckdiotv7caiv00.jpg "homa-appliances-sz1CHL7Pky0-unsplash") ## Free up budget by reducing energy costs Battery energy storage systems can slash your electricity bills without disrupting daily operations or adding to your workload. Use the savings to finally tackle deferred maintenance projects and keep your facility running smoothly. [ TALK TO OUR EXPERTS TALK TO OUR EXPERTS ](/about-us-distributed-energy-resources/peak-power-team/) ![BGIS](https://peakpowerenergy.com/wp-content/uploads/2022/11/image-36.png) “BGIS views Peak Power and its proprietary software as a leader in the emerging energy storage market and is impressed at its understanding of the needs and requirements of the North American electricity sector.” ## Battery and Solar + Energy Storage Solutions for Large Energy Users End-to-end battery storage development and energy optimization solutions powered by industry-leading peak forecasting and market intelligence. We help large energy users across North America reduce electricity costs, unlock new revenue streams, and pursue sustainability goals. #### Manufacturing and Processing [ LEARN HOW WE HELP LEARN HOW WE HELP ](/who-we-serve/manufacturing-processing/) #### Warehousing, Distribution, and Cold Storage [ LEARN HOW WE HELP LEARN HOW WE HELP ](/who-we-serve/logistics/) #### Multi-Facility Campuses [ LEARN HOW WE HELP LEARN HOW WE HELP ](/who-we-serve/corporate-industrial-academic-campuses/) --- ### [Battery Operation (Step 5)](https://peakpowerenergy.com/battery-energy-storage-development/industrial-demand-response-battery-optimization/) **Published:** November 16, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # Battery Operation and Optimization ## Optimize your energy management beyond commercial and industrial demand response [ TALK TO US TALK TO US ](/contact-peak-power-inc/) For companies looking to reduce costs and streamline energy management, battery storage is a game-changer. By charging and discharging strategically, energy storage enables facilities to lower operating expenses, unlock financial incentives, and enhance sustainability efforts—all without adding operational complexity. Battery storage eliminates the manual, labor-intensive processes often required for demand response, allowing your team to focus on what matters most. ## Reduce OPEX with Battery Energy Storage Energy prices are rising, and demand charges are cutting deeper into budgets. Battery storage offers a reliable solution to reduce costs while capitalizing on utility incentives. With capabilities like peak shaving and energy arbitrage, battery storage directly improves your bottom line. The result? Lower operating expenses and more flexibility to allocate resources where they’re needed most. ![Manufacturing Facility](https://peakpowerenergy.com/wp-content/uploads/2024/12/Manufacturing-Facility2-1024x683.jpg) ![leadingfinalpartners](https://peakpowerenergy.com/wp-content/uploads/2023/01/leadingfinalpartners.jpg) ## Intelligent Charging and Discharging to Maximize Value It’s not enough to have a battery energy storage system; it must be expertly managed to deliver the highest value. Peak Power remotely operates your battery, optimizing charge and discharge schedules to align with your energy goals. Our software leverages advanced algorithms to stack value streams—from lowering peak demand charges to generating revenue through participation in grid programs—all while ensuring the long-term health of your system. This hands-off, proactive approach allows you to maximize the financial and environmental benefits of energy storage without the need for additional resources or effort. ## Advanced Peak Forecasting Accurate forecasting is the backbone of successful battery optimization. Peak Power’s proprietary forecasting technology processes billions of data points daily, combined with insights from experienced energy market experts. By predicting grid conditions with over 90% accuracy, we ensure a battery is operated at the right times to capture maximum savings and revenue opportunities. ![Aerial view of semi trucks](https://peakpowerenergy.com/wp-content/uploads/2022/08/iStock-1156913631-1024x682.jpg) [ Learn About EV Charger Management Learn About EV Charger Management ](/energy-storage-solutions/battery-energy-storage-development/ev-charger-management/) ## We’ll Take the Load Off ## Cut Costs Reduce peak demand charges and take advantage of utility pricing structures. ## Simplify Operations Remove the headache of manual curtailment. Let the battery do the work seamlessly in the background. ## Profit from the Energy Transition Become an active market participant in a shifting energy landscape ![Textile Factory Industrial Power](https://peakpowerenergy.com/wp-content/uploads/elementor/thumbs/lalit-kumar-HpPmiduLDC0-unsplash-scaled-r4gasia4nnib3kwugdxlwz6e4p7oqhpcorrikdnhww.jpg "lalit-kumar-HpPmiduLDC0-unsplash") ## Free up budget by reducing energy costs Battery energy storage systems significantly lower electricity costs without disrupting daily operations or increasing workloads. The savings can be reinvested into essential projects, keeping your facility running efficiently and sustainably. [ TALK TO OUR EXPERTS TALK TO OUR EXPERTS ](/about-us-distributed-energy-resources/peak-power-team/) ![](https://peakpowerenergy.com/wp-content/uploads/2023/03/logo-lactalis-canada.png) “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.” ## End-to-End Energy Storage End-to-end battery storage development and energy optimization solutions powered by industry-leading peak forecasting and market intelligence. We help large energy users across North America reduce electricity costs, unlock new revenue streams, and pursue sustainability goals. #### Manufacturing and Processing [ LEARN HOW WE HELP LEARN HOW WE HELP ](/who-we-serve/manufacturing-processing/) #### Warehousing, Distribution, and Cold Storage [ LEARN HOW WE HELP LEARN HOW WE HELP ](/who-we-serve/logistics/) #### Multi-Facility Campuses [ LEARN HOW WE HELP LEARN HOW WE HELP ](/who-we-serve/corporate-industrial-academic-campuses/) --- ### [Construction (Step 4)](https://peakpowerenergy.com/battery-energy-storage-development/energy-storage-system-construction/) **Published:** November 20, 2024 **Author:** Overhaul **Content:** # Energy Storage System Design and Construction ## Reduce costs, streamline operations, and unlock energy savings with ease [ Book a Call Today Book a Call Today ](https://peakpowerenergy.com/contact-peak-power-inc/) Deploying an energy storage system is complex—but it doesn’t have to be complicated for you. At Peak Power, we handle every detail to ensure a smooth, safe, and efficient construction process. With our ecosystem of approved vendors, suppliers, and partners, we prioritize minimal disruption to your facility while delivering maximum long-term value. ## Site Preparation and Installation Our development partners ensure the designated area is cleared, levelled, and adequately drained, considering factors like soil stability and water runoff. They lay the groundwork for proper electrical connections, emphasizing safety and compliance with relevant regulations. During installation, electrical components are wired to connect the BESS behind the facility’s meter, prioritizing efficient use of space and seamless integration with existing infrastructure. ![Monitoring](https://peakpowerenergy.com/wp-content/uploads/2023/03/4-1-1024x683.jpeg) ![Men talking](https://peakpowerenergy.com/wp-content/uploads/2023/03/5-1024x683.jpeg) ## Testing and Commissioning Peak Power and the financing partner conduct comprehensive functional and performance testing of the BESS components, including battery modules, inverters, and control systems. Integration tests validate the working order of all components, while performance testing assesses efficiency, reliability, and responsiveness to energy demand fluctuations. We ensure the battery is ready for our in-house operations to control the charge and discharge. ## Safety Measures Peak Power and our partners follow strict safety protocols at every stage of the process. The batteries are enclosed in a containerized system to mitigate any leakages, and there are several alarms incorporated into the design to catch any issues quickly. Each project is compliant with electrical safety standards and environmental regulations. ![Grid monitoring](https://peakpowerenergy.com/wp-content/uploads/2023/03/6.png) [ Next Step: Battery Operation Next Step: Battery Operation ](/energy-storage-solutions/battery-energy-storage-development/industrial-demand-response-battery-optimization/) ## Discover the Benefits of Energy Storage ## Lower Operating Costs Reduce OPEX by managing peak demand charges and lowering your electricity bills. ## Unlock Economic Value Leverage your real estate and energy storage assets to unlock new revenue opportunities. ## Take Part in the Energy Transition Use batteries to support grid stability and pursue your sustainability goals. ![Energy Storage System Construction](https://peakpowerenergy.com/wp-content/uploads/elementor/thumbs/Energy-Storage-system-construction-scaled-r0ol3f3wyi2yxbtdu38p1yskuofbd43gqetsng850w.jpg "Energy-Storage-system-construction") ## Free up budget by reducing energy costs Battery energy storage systems can slash your electricity bills without disrupting daily operations or adding to your workload. Use the savings to finally tackle deferred maintenance projects and keep your facility running smoothly. [ TALK TO OUR EXPERTS TALK TO OUR EXPERTS ](https://peakpowerenergy.com/contact-peak-power-inc/) ![GHP](https://peakpowerenergy.com/wp-content/uploads/2022/11/logo-white-big.png) “We have been extremely impressed with Peak Power’s capabilities and the simplicity of the overall process. We are very excited to be one of the early adopters of energy storage in New York.” ## Energy Storage Systems for Large Energy Users End-to-end battery storage development and energy optimization solutions powered by industry-leading peak forecasting and market intelligence. We help large energy users across North America reduce electricity costs, unlock new revenue streams, and pursue sustainability goals. #### Manufacturing and Processing [ LEARN HOW WE HELP LEARN HOW WE HELP ](/who-we-serve/manufacturing-processing/) #### Warehousing, Distribution, and Cold Storage [ LEARN HOW WE HELP LEARN HOW WE HELP ](/who-we-serve/logistics/) #### Multi-Facility Campuses [ LEARN HOW WE HELP LEARN HOW WE HELP ](/who-we-serve/corporate-industrial-academic-campuses/) --- ### [Our Team](https://peakpowerenergy.com/about-us-distributed-energy-resources/peak-power-team/) **Published:** January 11, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** # Leadership Team ## Experts in Distributed Energy Resources [ ABOUT PEAK POWER ABOUT PEAK POWER ](/about-net-zero-building/) ## At Peak Power, our leadership team brings decades of combined expertise across renewable energy, project finance, engineering, real estate, and software development. United by a shared commitment to innovation, our leaders bring expertise shaped by their roles at top national and global organizations. With a proven track record of delivering transformative solutions, they are driving Peak Power’s mission to revolutionize energy systems and create lasting value for our clients, partners, and the planet. ## Executive Leadership Team [ ![Derek Lim Soo](https://peakpowerenergy.com/wp-content/uploads/2023/04/Derek-Lim-Soo-1.jpg) ](https://ca.linkedin.com/in/derek-lim-soo-634888) ### [Derek Lim Soo](https://www.linkedin.com/in/derek-lim-soo-634888) Chief Executive Officer Derek Lim Soo is a seasoned entrepreneur with over 20 years of leadership experience in clean technology and energy. Across senior roles in global firms and as Co-Founder of Peak Power, Derek has influenced the role of Distributed Energy Resources in key North American electricity markets.Known for his ability to bridge innovation, finance, and strategy, Derek is recognized as a trusted leader and respected voice in the energy transition. He has guided companies through capital raising, mergers and acquisitions, and technology commercialization while building teams that deliver impact in rapidly evolving industries. Derek is also an active member of the Young Presidents’ Organization (YPO) Toronto Chapter [ Linkedin ](https://ca.linkedin.com/in/derek-lim-soo-634888) [ ![Benson Founder](https://peakpowerenergy.com/wp-content/uploads/2023/04/founder2.jpg) ](https://www.linkedin.com/company/peak-power/) ### [Benson Hu](https://www.linkedin.com/in/derek-lim-soo-634888) Chief Innovation Officer Benson has 20 years of experience in software development and services. As the former Department Manager at UMPay, he led the team to be the third largest mobile payment company in China with a transaction volume of over 250M RMB per month. He grew and managed a team of over 60 software developers, designers, risk managers, and sales specialists to handle transactions with thousands of large corporations and financial institutions, including China Mobile, China Railway, JD.com, Western Union, and more. Benson also holds a master’s degree in Signal and Information Processing – Artificial Intelligence. [ Linkedin ](https://www.linkedin.com/company/peak-power/) [ ![](https://peakpowerenergy.com/wp-content/uploads/2023/04/found-farid.jpg) ](https://www.linkedin.com/in/faridmadhani/) ### [Farid Madhani](https://www.linkedin.com/in/derek-lim-soo-634888) Chief Financial Officer Farid is a climate finance professional with extensive experience in scaling functions for growth companies. Before joining Peak Power, Farid led and grew the project finance function at Northland Power (TSX:NPI), executing M&A and financing transactions for utility-scale renewable projects in the Americas and Europe. He started his career with the private investment team of a family office and later joined as the finance lead of a portfolio company, where he helped grow the team, complete acquisitions, and raise follow-on funding. The portfolio company was later sold to strategic investors. [ Linkedin ](https://www.linkedin.com/in/faridmadhani/) [ ![](https://peakpowerenergy.com/wp-content/uploads/2023/04/founder1.jpg) ](https://ca.linkedin.com/in/scott-mcbrayne?trk=public_post_feed-actor-name) ### [Scott McBrayne](https://www.linkedin.com/in/derek-lim-soo-634888) Chief Operating Officer At Peak Power, Scott oversees Sales, Project Development, Markets, and Operations. He delivers innovative energy solutions and market strategies, leading teams in constructing and integrating energy storage systems. Previously, as Senior Director of National Operations at Cadillac Fairview Corporation, Scott reduced costs via strategic procurement, optimized revenue, and implemented a $2.8M energy platform. With over 30 years of experience, he has led teams in creating centres of excellence, overseeing building operations, project management, capital planning, and vertical transportation. [ Linkedin ](https://ca.linkedin.com/in/scott-mcbrayne?trk=public_post_feed-actor-name) ## Senior Leadership Team Read Bio ![linkedIn icon](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-280.png) ### Ashish Naik VP, Strategy & Corporate Development Read Bio [ ![linkedIn icon](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-280.png) ](https://www.linkedin.com/in/leighbilli/) ### [Leigh Billinghurst](https://www.linkedin.com/in/leighbilli/) VP, People & Culture Read Bio [ ![linkedIn icon](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-280.png) ](https://www.linkedin.com/in/markreale/) ### [Mark Reale](https://www.linkedin.com/in/markreale/) VP, Technology and Services ## Peak Power Board of Directors Read Bio [ ![linkedIn icon](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-280.png) ](https://ca.linkedin.com/in/jason-levin-7311a130?trk=public_post_feed-actor-name) ### [Jason Levin](https://ca.linkedin.com/in/jason-levin-7311a130?trk=public_post_feed-actor-name) Board Member Read Bio [ ![linkedIn icon](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-280.png) ](https://www.linkedin.com/in/katherine-hamilton-8728416/) ### [Katherine Hamilton](https://www.linkedin.com/in/katherine-hamilton-8728416/) Board Member Read Bio [ ![linkedIn icon](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-280.png) ](https://www.linkedin.com/in/doran-hole-93b2aa50/) ### [Doran Hole](https://www.linkedin.com/in/doran-hole-93b2aa50/) Board Member Read Bio [ ![linkedIn icon](https://peakpowerenergy.com/wp-content/uploads/2022/10/Group-280.png) ](https://www.linkedin.com/in/benjamin-baker-82b8697/) ### [Benjamin Baker](https://www.linkedin.com/in/benjamin-baker-82b8697/) Board Member ## Our Team is Driving the Clean Energy Future Contact us about your project needs, or if you have a question about your current energy storage asset optimization. [ FOR INVESTORS FOR INVESTORS ](/cleantech-investment/) [ FOR MEDIA FOR MEDIA ](/cleantech-news/) --- ### [Glossary of Terms](https://peakpowerenergy.com/battery-energy-storage-operation-resources/glossary-energy-terms-peak-shaving/) **Published:** July 26, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** # Glossary of Terms ## Defining peak shaving, energy and battery storage system terms [ Talk To US Talk To US ](/contact-peak-power-inc/) The world of energy systems evolves rapidly, bringing with it a wave of new acronyms, technical terms, such as peak shaving, and concepts that can feel overwhelming. At Peak Power, we’re committed to making clean energy accessible and understandable. That’s why we’ve created this glossary—a resource to help you navigate the language of decentralized energy, battery storage, and peak shaving with confidence. Whether you’re exploring general topics or searching for a specific term, our glossary is here to demystify the energy landscape and empower your understanding. [A](#mySwiper-items) [B](#mySwiper-items) [C](#mySwiper-items) [D](#mySwiper-items) [E](#mySwiper-items) [F](#mySwiper-items) [G](#mySwiper-items) [H](#mySwiper-items) [I](#mySwiper-items) [K](#mySwiper-items) [L](#mySwiper-items) [M](#mySwiper-items) [N](#mySwiper-items) [O](#mySwiper-items) [P](#mySwiper-items) [R](#mySwiper-items) [S](#mySwiper-items) [T](#mySwiper-items) [U](#mySwiper-items) [V](#mySwiper-items) [Z](#mySwiper-items) Advanced Research Projects Agency-Energy (ARPA-E) ARPA-E is the US Department of Energy’s agency that specifically finances innovation and invention in the energy sector, i.e. high-risk, high-reward research and development that transforms the way we generate, store, distribute, and consume energy. It was created in 2007 by executive order to fill the critical gap in American innovation in energy technology. This gap in new ideas and new inventions is caused by the lack of funding opportunities for ideas after their discovery in DOE laboratories/other government facilities. In 2022, the agency has funded over [268](https://arpa-e.energy.gov/sites/default/files/2022%20ARPA-E%20Strategic%20Vision%20Roadmap.pdf) projects that have gone forward into implementation. Ancillary Services (AS) [Ancillary Services (AS)](https://greeningthegrid.org/integration-in-depth/ancillary-services) assist grid operators by complementing generation and transmission pipelines. There are a variety of ancillary services, some built in, such as voltage control, reactive power support, frequency regulation, and system strength tests. Some are supportive in the transmission phase, such as spinning reserves (for instant use and can be dispatched within ten minutes) or black start capability, an emergency backup plan to restart electrical services after a major outage. Artificial Intelligence (AI) AI is a branch of computer science that focuses on making computers think better and problem-solve. AI improves the interpretation of data, identifies formulas that can be updated, and thinks about better ways to do its computations. This means that computers can think and analyze improvements without being explicitly programmed to suggest new formulations. It’s used to make predictions, find patterns in data and learn from experience. AI systems can read text, recognize speech and images, understand language, solve problems, and control physical devices. In the energy sector, AI is being applied for predictive analytics (such as predicting customer demand), machine learning (such as pattern recognition), and deep learning (such as automation). It can be used, for example, to optimize energy grids in homes or offices, thereby managing energy flows. There are meaningful benefits to using AI in the power sector, including increased reliability, improved production rates, reduced human error, and lowered costs. Backup Power Backup Power entails providing auxiliary power sources like generators or energy storage systems to ensure a continuous and reliable electricity supply during grid outages or emergencies. Balance of Plant (BOP) BOP is the general term used to describe all the necessary equipment and auxiliary systems to transmit and distribute electricity in a plant. This includes substations, transformers, transmission lines, distribution lines, and electrical meters. All these parts are required to ensure a sustainable power supply system, and parts may vary based on the type of facility. Batteries A battery is any device that has two electrodes and stores chemical energy that can be converted into electrical energy. The battery’s electrodes are typically made from metal. Its storable energy is created by a chemical reaction. There are many types of batteries, including lead acid, alkaline, lithium-ion, nickel-cadmium, and others. A traditional lead acid battery can be found in cars, where a device called the alternator charges the battery when the engine is running and provides power to the car’s electrical system when it’s not. In essence, you can control energy costs (both for domestic and commercial use) with [battery energy storage](https://peakpowerenergy.com/battery-energy-storage-development/) systems. On a power grid/electrical grid, for example, when electricity demand is low (such as during the late night hours), surplus energy produced in the system can be saved for use later on (for example, during peak periods of consumption). Behind-the-Meter (BTM) “Behind-the-Meter” is a term that describes the parts of an energy supply system which come after a building’s electrical meter. BTM systems, like battery storage or microgrids, are connected to a specific building or group of buildings and flow energy into the electrical infrastructure. The parts of an energy supply system on the other side of the electrical meter are referred to as “front-of-the-meter.” Black Start Black Start refers to the ability of a power plant or system to independently restart and restore operations without relying on external power sources after a complete blackout or system failure. California Independent System Operator (CAISO) The California Independent System Operator (CAISO) is an agency that manages the electric power grid for almost all of California. CAISO’s directives are threefold: to serve its customers in the wholesale electricity market, encourage clean, affordable energy from various sources within the marketplace, and maintain a secure power grid. They do this by balancing customer demand with available resources. Canadian Green Building Council (CAGBC) A non-profit organization committed to accelerating the adoption of green building/sustainable design practices in Canada. They ensure access to tools, education, and certification programs that help Canadians reduce their environmental impact. Peak Power is a member of this group; we share the common goal of sustainable, renewable energy. Coincident Peak Demand Charges Your peak demand *coincidentally* occurring at the same time of the utility’s peak demand. In other words, coincident peak is defined by the demand of a facility during the interval that the electricity system peaks. This is different from **peak demand** in that it may not occur during the same interval as the facility peak demand. The interval is typically measured over an hour. Coincident peak demand is typically set during the prior year. For example, your coincident peak charge for 2014 is billed based on your 2013 performance. Coincident peak involves external information to predict when it occurs. There are many factors that affect the occurrence of a coincident peak. Weather is a major one, but there are also other variables, such as the current state of the distribution and transmission lines. Community Choice Aggregation (CCA) Community Choice Aggregation (CCA) is an electricity supply option for many residential and small-business customers. Customers may choose to purchase their electricity from a third-party provider, called a retail supplier, instead of buying directly from a utility company. CCAs are non-profit entities that aggregate the buying power of individual customers within a region to offer energy at a lower cost. CCAs often have the mandate to provide energy from renewable sources. Connection Impact Assessment (CIA) A Connection Impact Assessment is a detailed assessment of a specific project or supplementary energy resource (like a solar or wind farm) prepared by the utility prior to approving interconnection. The assessment spotlights the project’s feasibility, technical demands for its operation, and its impact/value-adding to the grid. The CIA also determines any applicable costs to the project proponents if new infrastructure investments are required. Consumption Charge The consumption charge is the portion of an electricity bill calculated on the total volume of energy used over a billing period, measured in kilowatt-hours (kWh). It reflects *how much* energy a customer consumes in aggregate — as distinct from a peak/demand charge, which reflects *how fast* electricity is drawn at any given moment (measured in kW or MW). Across all ISO and RTO markets, the consumption charge is the foundational energy cost applied to every customer. It is typically calculated by multiplying total kWh consumed during the billing period by the applicable energy rate, which may be a fixed price, a tiered rate, or a time-differentiated rate (such as on-peak vs. off-peak pricing) Demand Charge The demand charge is the estimated cost of transmitting and distributing electricity. Unlike energy charges which are typically billed on a $/kWh basis, demand charges are typically billed on a $/kW basis based on a facility’s peak load during the month. Demand Charge Management (DCM) Demand charge management (DCM) is a technique to reduce energy demand at peak periods when prices are high. There are two types of DCM techniques: interruptible loads and on-site generation. Interruptible loads allow us to decrease our power usage during peak hours. This occurs by turning off or limiting the usage of equipment like computers or reducing temperature setpoints during peak hours. On-site generation refers to generating power near the building premises/on the property where it will be used. Examples include solar panels, wind turbines, and fuel cells. Our clients have an additional way of managing their demand charges with Peak Power. We specialize in providing energy storage solutions for commercial and industrial clients, which reduces the demand charges. Demand Management Program (DMP) A Demand Management Program (DMP) is a set of initiatives that aim to reduce the peak-hour demands for electricity by influencing consumer behaviour. This program includes, but is not limited to, time-of-use pricing, smart meters, and load shedding. For example, Peak Power participates in this program in the Con Edison territory in New York. The DMP provides economic incentives for consumers to shift their usage from periods with high electricity demand to periods with low or no demand. During peak periods when energy usage is high, prices are expectedly higher, and consumers are expected to opt out of consumption. This reduces peak demand, reduces the burden on local electricity grids. Demand Response (DR Program) Demand response (DR) is a strategy used by electricity service providers to influence supply and demand in a particular grid system. In DR programs, customers commit to reducing demand when called on by the utility. There is typically a stand-by price for enrolling in the program and an additional payment if you are available to reduce load when called. *It is important to note that a demand response program and a demand management program are essentially the same thing.* Department of Energy (DoE) The Department of Energy ([DoE](https://www.energy.gov/)) is a U.S. federal government agency responsible for overseeing national energy policy, promoting energy efficiency, and ensuring the country’s energy security. It also plays a key role in scientific research, nuclear energy, and the development of energy technologies. Direction of Transmission (DOT) Direction of transmission (DOT) is a measure of the cost to move electricity from where it is generated to where it is used. In Canada, the majority of power generation comes from hydroelectric and nuclear energy sources, transmitted through high voltage direct current (HVDC) lines that operate efficiently in all directions. HVDC allows for an electric power grid with no limitations on the direction of the flow of electricity. Distributed Energy Resources (DERs) Distributed energy resources (DERs) are any form of electricity generation or storage that is not located within a central power plant. They may include battery storage systems, solar panels on rooftops, wind farms, electric car batteries, and heat pumps. These sources of energy can be distributed closer to where energy is used. Distributed Energy Resource Aggregator (DERA) A distributed energy resource aggregator (DERA) aggregates multiple DERs across various sites within a region to participate in wholesale energy markets, which typically have a minimum size threshold, preventing most DERs from participating on their own. The system operators that manage energy markets do not have visibility into small assets such as DERs, so by aggregating many together, we can participate in energy markets and compete against larger power plants, such as polluting natural gas peaker plants. *Not to be confused with Community Choice Aggregators, which is different from a DERA in that a group partners to buy energy.* Distribution Deferral Distribution Deferral is the strategic delay of investments in new distribution infrastructure by implementing alternative solutions, such as demand-side management or energy efficiency measures, to meet growing demand without immediate capital expenditures. Distribution Network Operators (DNO) Distribution network operators (DNOs) are the companies responsible for the delivery of electricity to households and businesses in a particular geographical region. DNOs typically generate their own power supply, distributing it to customers through the national grid. It is their job to ensure that customers have access to an interrupted supply of electricity at an affordable price. Distribution System Operator (DSO) An energy distribution network—the facility, the grid, the seller—is run by the Distribution System Operator (DSO). The DSO can be the owner of the network or operate as a subsidiary of the local power generation facility. Electric Vehicle (EV) An electric vehicle (EV) is any car, truck, train or plane that uses electrical motors with batteries to power itself. Other electricity-powered vehicles are included in this definition depending on whether they require a driver or they can carry passengers (e.g. drones, golf carts, trams, cable cars or shuttle buses on rail lines). Electrical Safety Authority (ESA) A provincially delegated, not-for-profit authority responsible for enforcing electrical safety legislation, licensing electrical contractors, inspecting installations, and promoting public electrical safety across Ontario. Energy Arbitrage (EA) Energy arbitrage is an energy distribution tactic where a service provider will buy and store electrical power during off-peak time periods for redistribution during peak time periods. This creates revenue and reduces the burden on local networks to supply uninterrupted power during peak demand periods. Energy Market Platform (EMP) An energy market platform (EMP) refers to a service provider involved in one or more aspects of the energy distribution market. EMPs can now operate via the internet, offering customers digital services for buying electricity and purchasing smart meters and energy-saver technologies, especially analytical research software for commercial entities in the industry. This includes consortiums – various individual energy production companies aggregate their available resources and service a grid or larger area (by supplying to the local utility and/or selling electricity to a nearby city or country). Energy Star® Also referred to as an “EPA rating” or an “Energy Star rating,” the rating is a standardized national benchmark that helps architects and building owners assess energy use relative to similar buildings in the program. An Energy Star-qualified building means the building meets EPA criteria for energy efficiency and displays the Energy Star building label. Energy Storage as a Service (ESaaS) ESaaS is a business model where customers are able to enjoy the benefits of energy storage with no up-front costs via a shared savings agreement with the developer. Energy Storage System (ESS) Commonly known as battery storage or battery energy storage systems (BESS), these allow energy to be stored and used later on. These systems can be linked to a power grid. They can also be independently owned and operated and integrated into a grid network. Engineering Procurement Construction (EPC) An Engineering Procurement Construction (EPC) contract is awarded to a contractor working under a national utility. The EPC contract allows the contractor to begin work on the engineering design and construction and procure specific materials and equipment in order to complete the construction project. Federal Energy Regulatory Commission (FERC) The [Federal Energy Regulatory Commission](https://www.ferc.gov/) (FERC) is an independent board of policymakers that regulates the transmission and distribution of electricity and other energy resources between the individual states of the USA (e.g. crude oil, petrol, natural gas, and hydroelectric power). FERC is tasked with encouraging fair competition and fair pricing in energy markets. The commission reviews proposals to build liquified gas terminals and interstate gas pipelines. It also issues licenses for hydroelectric power plants. Feed-In Tariff (FIT) A FIT is a financial instrument—a relative increase in the price of a consumable good—used to encourage investors and small-scale companies involved in renewable energy specifically. It is a monetary incentive: companies that engage in the development of renewable energy and supply to market receive greater returns in revenue. They are typically long-term contracts of ten to thirty years. FERC Order 2222 FERC 2222 is a [national policy of the USA](https://www.ferc.gov/media/ferc-order-no-2222-fact-sheet) that aims to increase fair competition in the energy industry by allowing DERs to enter the markets of regional energy sectors. It does this by removing obstacles in the wholesale marketplace, such as limitations on who can provide service, what type of DERs are permitted to operate in a given region, and monopolies. Frequency Regulation Frequency Regulation involves managing grid frequency in real-time by adjusting power generation or consumption to maintain system stability within acceptable limits. Front-of-the-Meter (FTM) Front-of-the-meter (FTM) is a classification that groups parts of an energy supply chain as well as energy generation and storage systems that feed the grid and are positioned in front of the meter. Electric power flows from a power plant, a solar farm, or wind turbines along distribution channels (e.g. power cables) into the area’s grid. That electrical power flows through the meter (the counter that measures usage) to the receiver of power. Those parts of the supply chain are classified as front-of-the-meter and function as energy storage, with energy storage capacity ranging from several megawatt-hours to hundreds. Full Gross Lease A type of commercial rental agreement where the price of rent is fixed. The tenant does not bear responsibility for costs associated with the property. The landlord pays the insurance and costs of any repairs. This scenario allows a tenant to invest capital in energy conservation, apart from the property’s energy efficiency measures. Global Adjustment (GA) All electricity customers in Ontario pay a Global Adjustment (GA), which covers the cost of building new electricity infrastructure in the province, regulated rates paid to electricity suppliers under contract, and the costs of delivering the province’s energy efficiency and conservation programs. In general, the GA is lower when the Ontario Price is higher, and vice-versa. All electricity customers in Ontario pay Global Adjustment as either a Class A or Class B customer. - **Class A:** Class A customers are medium and large businesses able to participate in the Industrial Conservation Initiative (ICI). The GA paid by a Class A customer is based on its share of total demand during Ontario’s top five peak demand hours. For example, if a Class A customer is responsible for two per cent of Ontario’s peak demand, they will be billed for two per cent of the province’s total GA costs. - **Class B:** Most electricity customers in Ontario are Class B. Once the amount of GA billed to Class A customers has been settled, the remainder is passed onto Class B customers. For residential customers and most small businesses, GA is included in time-of-use or tiered rates. For medium-sized businesses, GA appears as a separate line item on their electricity bill. Green Button The Green Button is a standard protocol practiced in the USA and Canada. Green Button allows utility customers (electricity, water, and gas) to easily access and share their energy consumption data with third-party apps and energy management services. Green Globes A comprehensive program of ratings and certifications for all types of commercial buildings (not including residences) aimed at encouraging environmentally-friendly practices. It functions as an internal approach to education, testing, and implementation. The Green Globes, through the Green Building Initiative, provides guidance and upholds particular standards, but the achieving of these standards is driven by a company’s own culture and will to practice energy efficiency. GRESB [GRESB](https://www.gresb.com/nl-en/in-plain-english-gresb/) is an entity that identifies and upholds environmental, social and governance (ESG) benchmarks for real assets, infrastructure, and development projects. GRESB data can be used to monitor the energy efficiency of investments, engage with managers about compliance, and publicize sustainability discourses in the real asset industry. Hour Ending (HE) Hour ending is a measure of an hour, or 60 minutes of time, but specifically, a timeframe where the ending hour is at its 00 starting point. [Example:](https://www.lawinsider.com/dictionary/hour-ending) the time period from 02:00 AM to 03:00 AM is the hour ending 3, or HE3. Hourly Ontario Energy Price (HOEP) The HOEP is the average of the twelve market clearing prices (MCP) set in each hour. A new MCP is set every five minutes. Averages are weighted by the amount of electricity used throughout the province within each hour. The wholesale price of electricity is determined in the real-time market administered by the IESO. All electricity consumers in Ontario pay the wholesale price, also referred to as the commodity price, except for those who have entered into a retail contract. The IESO calculates the hourly Ontario energy price (HOEP), which is charged to large consumers that participate in the market, as well as local distribution companies (LDCs) who recover it from the subset of customers that pay the market price. Hydro Hydro is the popular, common term for electricity in Ontario. This is due to the layperson’s understanding that most of their electricity is generated by hydroelectric power plants/hydroelectric dams. Hydro One/Hydro One Networks Inc. (HONI) Ontario’s largest electricity transmission and distribution utility, responsible for operating the province’s high-voltage transmission network and delivering electricity to residential, commercial, and industrial customers. HONI is a subsidiary of Hydro One and operates under the regulatory oversight of the Ontario Energy Board (OEB). Independent Electricity System Operator (IESO) The [Independent Electricity System Operator (IESO)](https://www.ieso.ca/) operates across the electricity industry of Ontario: it is an independent, not-for-profit agency that regulates the power system in real time, planning for the province’s future energy demand needs. IESO is also tasked with incentivizing conservation and designing a more efficient marketplace to support advancement in the province’s electrical energy sector. Independent System Operator (ISO) In the energy sector, there are independent companies that organize and operate distribution channels to supply electrical power to regional grids. They do not form part of the state-owned utility, are not typically owner-operators, but may be subsidiaries that operate autonomously (this ensures diversity and competition in the marketplace, as well as greater access to electricity for those outside major cities/beyond the jurisdiction of metropolitan areas). Some examples are the IESO, CAISO, ISO-NE, and NYISO. Installed Capacity Tag (ICAP Tag) The total generating capacity — measured in kilowatts (kW) or megawatts (MW) — that a supplier must have available to meet peak demand obligations within a given market. In ISO capacity markets such as NYISO and ISO-NE, Load Serving Entities (LSEs) are required to procure sufficient ICAP to cover their share of forecasted peak load plus a reserve margin, ensuring grid reliability. A customer’s ICAP obligation is typically determined by their demand during designated peak hours and is recovered through capacity charges on their electricity bill. ISO New England (ISO-NE) Independent System Operator New England ([ISO-NE](https://www.iso-ne.com/about/key-stats/maps-and-diagrams/)) is a transmission organization that services six states in the USA: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Kilowatt (kW) A unit measure for the rate of electricity consumed by a machine or building. A kilowatt is 1000 watts of electrical power. Kilowatt Hour (kWh) The Kilowatt-hour is the total amount of electrical power consumed in one hour. If the rate of usage is 1kW, then after an hour, an appliance would draw and use 1000 watts. Leadership in Energy and Environmental Design (LEED®) LEED is a third-party certificate program under the U.S. Green Building Council (USGBC). It is a nationally accepted benchmark for the design, construction and operation of high-performance sustainable buildings. Certificate levels are as follows: Certified, Silver, Gold or Platinum. The levels are based on points obtained in six areas: sustainable sites, water efficiency, energy and atmosphere, material and resources, indoor environmental quality, and innovation in design. Local Distribution Company (LDC) Your LDC, also referred to as your utility, is responsible for transmitting, connecting and disconnecting energy to your home, and reading and maintaining your home’s electric or gas meter. The LDC also maintains the lines and other equipment used to transmit electricity or gas. Locational Marginal Emissions (LME) The carbon emissions rate — measured in kg or tonnes of CO₂ per MWh — associated with a one-unit change in electricity consumption or generation at a specific node on the grid, at a specific point in time. LMEs reflect which generators are operating on the margin at that location, accounting for local grid constraints and the prevailing fuel mix. Analogous to Locational Marginal Prices (LMPs), LMEs vary by location and time, making them a more precise tool for carbon accounting than broad regional averages. Long-Term Energy Plan (LTEP) First launched in 2010, Ontario’s Long-Term Energy Plan (LTEP) was a policy and implementation program that phased out coal-fired electricity generation. It was a future-facing, 20-year initiative that sought consultation from the consumer-public, indigenous communities, and stakeholders in the energy and environmental sectors. After its third update, it was retired as a provincial program, having achieved a cleaner energy industry, eliminating about 90% of emissions from the system. Marginal Emissions Factor (MEF) The MEF is a statistical number that represents the changes in carbon emissions as a result of influencing changes in demand and/or reducing emissions in power generation. It can be used in predictions by modulating the demand load. Megawatt (MW) A megawatt (MW) is a unit measure of electrical energy that represents one million watts outputted during one hour of time. This measure is used to calculate usage on a large-scale, such as the output/power generation of a power plant or nuclear reactor. Megawatt Hour (MWh) The megawatt-hour is the total amount of electrical power consumed in one hour. If the rate of usage is 1 MW, then after an hour, an appliance would draw and use 1,000,000 watts. Modified Gross Lease Under a [modified gross lease](https://www.investopedia.com/terms/r/realestate.asp) the landlord pays for most of the costs associated with the building, but tenants are responsible for some expenses. Usually, these expenses cover things that are directly related to the tenant’s use of the space, like janitorial service, interior M&R, or a share of utilities. A modified gross lease is somewhere in between a full gross lease and a triple net lease. The terms may vary from lease to lease, and the degree to which stakeholders are invested in energy efficiency projects or other renovations may vary with them. Natural Resources Canada (NRCan) NRCan is a Canadian governmental department that was formed by merging the departments of Forestry, Energy, Mines, and Resources. The department administers federal regulations, manages natural resources like forests, minerals, and metals, and liaises with other North American governments. Their core aim is to manage natural resources sustainably. New York Battery and Energy Storage Technology Consortium The [New York Battery and Energy Storage Technology Consortium](https://ny-best.org/) was established in 2010. This diverse collective includes manufacturers, academics, power generation companies, developers of technology and materials, start-up teams, government departments, engineering firms, and end-of-the-line consumers. The majority of its members are domiciled in New York. They work together to operate as an expert resource group for companies and organizations participating in the energy sector of New York. New York Independent System Operator (NYISO) The[ New York Independent System Operator ](https://www.nyiso.com/)is an independent, non-profit ISO responsible for the state of New York’s electricity grid network. It ensures competitive pricing in electrical energy markets. It is also responsible for determining and upgrading the state’s infrastructure. New York State Energy Research and Development Authority (NYSERDA) [NYSERDA](https://www.nyserda.ny.gov/) is a public-service organization operating in the state of New York, USA. They provide general and expert information on energy efficiency, renewable energies, and cost-reduction for end-users. Non-Coincident Peak Shifting Also known as demand charge management, where a grid system supplier allows battery-stored energy to supplement the supply to end-users during the period of their peak demand. This shifts them from peak demand charges in that time period to one of lower cost per kWh. This helps reduce their overall cost of energy. Ontario Energy Board (OEB) Ontario’s independent energy regulator, the [OEB](https://www.oeb.ca/), serves the public interest. It discusses and codifies rules that ensure consumers are treated fairly, provides oversight on how electricity companies operate, and that the energy system is reliable and sustainable. Ontario Power Authority (OPA) The OPA was an independent, non-profit entity reporting to Ontario’s Department of Energy. It was merged with Independent Electricity System Operator (IESO) in 2015, with the mandate of forecasting Ontario’s energy supply and demand, assessing the existing infrastructure, promoting integration between generation, transmission, and storage aspects in grid systems, and aligning the province with conservation and sustainability practices. Ontario Power Generation (OPG) With hydroelectric, solar, oil, gas, nuclear, and biomass varieties of power generation, the [OPG](https://www.opg.com/about-us/) is one of the largest power producers on the North American continent. Operating Reserve (OR) Operating reserves refer to extra generating capacity that is available to a power system operator to maintain grid reliability in the event of sudden increases in electricity demand or unexpected supply disruptions. Operating reserves are typically categorized into **spinning reserves**, which are online and can respond immediately, and **non-spinning reserves**, which can be brought online within a short period, usually 10 to 30 minutes. These reserves ensure grid stability, prevent power outages, and provide flexibility, particularly as renewable energy sources like wind and solar introduce variability into the system. Peak Demand Typically defined by utilities as the electrical demand (kW) over a given 15-minute interval in a given billing cycle. The largest 15-minute interval in the billing cycle sets the demand charge on your electricity bill. Peak demand is most often set by many pieces of equipment turning on at the exact same time, thereby setting a peak. Peak Demand Factor (PDF) Class A consumers are assessed their portion of GA costs based on the percentage that their peak demand contributes to the top five Ontario system peaks. For example, if a Class A consumer is assessed to be responsible for one per cent of Ontario’s peak demand for the five highest hours of the base period, they will be charged for one per cent of the total GA costs through the subsequent billing period. Class A consumers receive an annual notification from their utility with their percentage of peak demand, called the peak demand factor. Peak Load Peak load is the highest usage – also known as peak usage – during a specific period of time. Peak load is the opposite of base load, which is the lowest amount of energy a building needs to run. PJM Interconnection (PJM) [PJM Interconnection](https://www.pjm.com/about-pjm) is a regional transmission organization (RTO) that coordinates the movement of wholesale electricity in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia. Property Assessed Clean Energy (PACE) [Property Assessed Clean Energy (PACE)](https://www.seia.org/initiatives/property-assessed-clean-energy) financing programs allow select financiers to provide loans for approved projects. These loans are repaid through an annual property tax assessment. PACE programs can be found nationwide. They facilitate clean energy, energy efficiency, and water conservation projects by providing building owners and operators with the needed financial backing. Regional Transmission Organization (RTO) An RTO is involved in the transmission phase of an energy supply system. Its operations are centered on monitoring the transmission of electrical power by providing adequate checks and balances (system controls). Testing and safety are also primary concerns, as an RTO can operate in interprovincial and interstate networks. Resource Adequacy (RA) Resource adequacy refers to a utility’s capacity—having enough generated resources to satisfy the projected demand load of a particular region being supplied. It also includes generating energy reserves as a requirement of supply contracts. Smart Renewables And Electrification Pathways Program (SREP) [SREP](https://natural-resources.canada.ca/climate-change/green-infrastructure-programs/sreps/23566) is an NRCAN-managed funding program that incentivizes smart-grid projects that facilitate the transition from unsustainable energy to renewable resources. It boasts a grand total of up to $25,000,000 in support over several years. Some of the key components of this type of funding are providing knowledge and empowerment to communities and end-users, job creation, diversity in labor and hiring practices, and building more capacity to increase reliability. Software as a Service (SaaS) [SaaS](https://www.techtarget.com/searchcloudcomputing/definition/Software-as-a-Service) is a service model whereby customers can access and use software programming through a digital platform without buying, downloading, installing, and managing software on their personal equipment. SaaS uses cloud server technology to deliver computer applications to end-users. Spinning/Non-Spinning Reserve Spinning/Non-Spinning Reserve distinguishes between immediately available power generation capacity (spinning reserve) connected to the grid and ready for deployment, and reserve capacity that can be brought online quickly (non-spinning reserve) to address sudden increases in demand or unexpected power plant failures. State of Charge (SOC) The state of charge (SOC) of a battery cell reflects its capacity that is available for use, measured against the rated capacity. When the SOC is rated at 100%, a battery cell is said to be fully charged. When the SOC is rated at 0%, the battery cell is completely discharged. Stationary Storage and Mobile Energy (SSME) SSME refers to a version of battery storage technology specific to Peak Power. It utilizes battery storage from a stationary system, or it can be mobile (attached to a truck or special vehicle, or enclosed within a mobile trailer or towable apparatus). Sustainable Development In commercial real estate (CRE), this term generally means the practice of developing, redeveloping and operating CRE in ways that cause zero, minimal or improved environmental impact. Sustainable Energy Utilities (SEUs) Sustainable Energy Utilities (SEUs) are a new type of collective organized by state or municipal governments to help businesses and residents in their jurisdictions find appropriate financing mechanisms for approved energy efficiency projects. SEUs can either connect businesses to the best financiers, or they can finance the projects themselves. System Impact Assessment (SIA) A [System Impact Assessment (SIA)](https://www.lawinsider.com/dictionary/system-impact-assessment) is a type of evaluation done to assess the impact of a particular DER or other energy project on the power grid it would be connected to or the impact of a potential modification to an existing connection. These impact assessments look at how the integration may affect the reliability of the system. Terawatt-Hour (TWh) A TWh, or terawatt-hour, is a unit measure of electrical energy that represents one trillion watts outputted during one hour of time. This measure is large enough to calculate usage on the national or continental scale (such as calculating a single country’s energy demand). Time-of-Use Bill Management Time of Use Bill Management involves strategically controlling and optimizing energy consumption patterns to minimize costs by adjusting usage during different time periods, such as shifting activities to lower-rate periods and reducing demand during peak-rate hours. Transmission and Distribution (T&D) T&D, together or separately, are terms for parts of an energy system circuit. Transmission refers to the moving of energy resources from generation sites to operators in grid networks. This includes management and contingency planning. Distribution refers to the apportioning of electrical supply and delivering it to end-users. Primary concerns are the capacity to store and/or deploy, as well as utilizing infrastructure without major debilitation. Transmission Congestion Relief Transmission Congestion Relief includes measures taken to alleviate bottlenecks or congestion in the transmission system, enhancing the efficient flow of electricity and preventing disruptions. Transmission Deferral Transmission Deferral involves postponing investments in new transmission infrastructure through alternative solutions like grid optimization or distributed energy resources to address capacity constraints. Transmission System Operator (TSO) Within an energy grid’s immediate and broader network, there is the transmission of energy, such as petroleum, chemicals, gas and/or electrical power from their sources, along channels like pipelines and high-voltage cables. The transmission system operators secure, manage, and upgrade such infrastructure for local and regional transmission of power. Triple Net Lease A [triple net lease](https://www.investopedia.com/terms/t/triple-net-lease-nnn.asp#:~:text=Investopedia%20%2F%20Michela%20Buttignol-,What%20Is%20a%20Triple%20Net%20Lease%20(NNN)%3F,cost%20of%20rent%20and%20utilities.) is a type of rental agreement whereby the tenant is contractually obligated to pay all the expenses of the leased property (real estate taxes, insurance, maintenance costs, rent and utility bills). The most effective way to implement a triple net lease is to submeter tenant spaces. If this is not possible, each tenant can pay for a certain percentage of the utility bill; this is known as a modified gross lease. Utility Incentives Program (UIP) Utility Incentives Programs are offered by utility companies to provide financial incentives for energy efficiency projects. These incentives can make energy retrofits and upgrades more feasible for a property and can also inform which utility company an energy manager chooses. It can be in the form of rebates, tax mitigation, or direct funding for projects. Vehicle Grid Integration (VGI) Vehicle Grid Integration (VGI) is an umbrella term for any technology or interactivity that allows interconnection between EVs and an electrical power grid. Vehicle-to-Grid (V2G) Vehicle-to-grid (V2G) refers to technology that allows car batteries to flow electrical power back to the power grid when necessary. An end-user or grid operator can treat connected vehicles as high-capacity batteries/backup storage cells for the electrical grid. In the case of Peak Power’s *Peak Drive* program, EVs are BTM-connected, i.e., behind a building’s electrical meter, and so, technically, “vehicle-to-building” (V2B). Vehicle-to-Home (V2H) Vehicle-to-home (V2H) refers to an energy system network connection that allows for a two-way power flow between an EV and a residential building. This means that a fully charged EV can be used as an energy saver, i.e., the energy stored in your EV battery can be redirected into your home’s electrical system during a grid’s peak period, lessening your demand total and reducing overall demand charges. Virtual Power Plant (VPP) A virtual power plant (VPP) is a network of remote, stand-alone power generation sources and distributors acting in concert as one facility (to consistently provide a large-enough supply). The participants are integrated using IoT devices. Voltage Support Voltage Support refers to providing additional power to regulate and maintain voltage levels on the electricity grid, ensuring the quality and reliability of the electrical supply. Zero Emission Vehicle Infrastructure Program (ZEVIP) The Zero Emission Vehicle Infrastructure Program (ZEVIP) is a multimillion-dollar [initiative by NRCAN](https://www.nrcan.gc.ca/energy-efficiency/transportation-alternative-fuels/zero-emission-vehicle-infrastructure-program/21876), which concludes in 2027. The goal is to popularize vehicles/transportation that have a near-zero contribution of harmful pollutants and greenhouse gas emissions. Administered by NRCAN, the main thrust is to resolve the lack of charging and refuelling stations in Canada. This encourages companies and consumers to access, choose to use, and innovate electric and/or battery-powered EVs securely. Previous Next This glossary provides a quick guide to terminology and technical language that will help you understand the ever-evolving world of energy. Are we missing a term you think we need to add or do you have a suggestion on definitions? Email us at[ **info@peakpowerenergy.com**](mailto:info@peakpowerenergy.com) ## Tap into the power of our team Contact us about your battery development needs, or if you have a question about optimizing your current energy storage asset. [ SCHEDULE A CALL WITH PEAK POWER SCHEDULE A CALL WITH PEAK POWER ](/contact-peak-power-inc/) --- ### [Careers](https://peakpowerenergy.com/cleantech-jobs/) **Published:** September 29, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** # Cleantech Careers ## Be a part of the energy [ ABOUT PEAK POWER ABOUT PEAK POWER ](/about-us-distributed-energy-resources/) A career with Peak Power means being part of a mission-driven organization at the forefront of the clean energy transition. Your work will matter. We are committed to your professional growth, offering opportunities for training, development, and a balance that fits your lifestyle. You’ll be encouraged to think differently, collaborate with passionate colleagues, and propose new ideas. In our entrepreneurial environment, your contributions will be recognized, and progress will be celebrated. Our team is diverse—across backgrounds, skills, perspectives, and abilities—and every individual plays a crucial role in bringing our vision to life. We invite those with a passion for energy and the environment to join us. Whether you’re starting out or looking to take the next step in your career, we may have the cleantech opportunities you’re looking for. While some dream of a cleaner energy future, **Peak Power is building it.** [ SEE ALL OPEN POSITIONS SEE ALL OPEN POSITIONS ](https://ats.rippling.com/peak-power-careers/jobs) [ ](https://peakpowerenergy.com/wp-content/uploads/2023/04/PeakPower-Event-Photos-0561-scaled.jpg) [ ](https://peakpowerenergy.com/wp-content/uploads/2023/01/career01.jpg) [ ](https://peakpowerenergy.com/wp-content/uploads/2023/01/career03.jpg) [ ](https://peakpowerenergy.com/wp-content/uploads/2023/01/career04.jpg) [ ](https://peakpowerenergy.com/wp-content/uploads/2023/01/career05.jpg) [ ](https://peakpowerenergy.com/wp-content/uploads/2023/04/PeakPower-Event-0697-scaled.jpg) [ ](https://peakpowerenergy.com/wp-content/uploads/2023/04/IMG_1160-scaled.jpg) ## Our Corporate Values ![Key Icon](https://peakpowerenergy.com/wp-content/uploads/2023/08/values-icon_w_ownership.png)### Have a Mindset of Ownership We own what we say, acting as leaders who will never back down from a challenge. We see obstacles as opportunities and find ways to work smarter not harder. We always take accountability for delivering on our promises. ![Adaptable Icon](https://peakpowerenergy.com/wp-content/uploads/2023/08/values-icon_w_adaptable.png)### Embrace Adaptability We understand that why we do things is just as important as how we do things. We know that to achieve greatness we must seek out new, innovative ways of doing things. We adapt and focus on what has the biggest impact toward our goals. ![Curious Icon](https://peakpowerenergy.com/wp-content/uploads/2023/08/values-icon_w_curious.png)### Be Courageously Curious When others say it can’t be done, we say “why not?” We’ll never settle for the status quo. We always try first, approaching each day with a bold sense of curiosity to solve problems big and small and uncover the best solutions. ![Collaboration Icon](https://peakpowerenergy.com/wp-content/uploads/2023/08/values-icon_w_collaboration.png)### Foster Intentional Collaboration We create opportunities for collaboration. We welcome feedback, discussions, diverse perspectives, and understanding that leads to collective action. We know we do better together. ![Values Icon](https://peakpowerenergy.com/wp-content/uploads/2023/08/values-icon_w_good.png)### Do Good We do everything with integrity and make a positive impact on people and the planet. ![Peak.Office-42](https://peakpowerenergy.com/wp-content/uploads/2023/05/Peak.Office-42-1024x683.jpg) ### Impact Committees: Driving Change At Peak Power, we believe in creating meaningful impact through collective action. Our **JEDI (Justice, Equity, Diversity, and Inclusion)** and **CSR (Corporate Social Responsibility)** Committees are central to shaping our culture and driving positive change—both within our organization and beyond. The **JEDI Committee** fosters an inclusive, respectful environment where diverse perspectives and ideas can flourish, ensuring everyone feels valued and empowered. The **CSR Committee** leads our commitment to sustainability and social responsibility, championing initiatives like our **Future Cleantech Leader Bursary** and **Carbon Offsetting** programs to help create a better world for all. By joining Peak Power, you’ll be part of a team that is actively working to make a difference. ## Diversity & Inclusion Award ## Energy Storage Canada Winning the [Energy Storage Canada DEI Award](https://www.energystoragecanada.org/2022-energy-storage-canada-awards "https://www.energystoragecanada.org/2022-energy-storage-canada-awards") is more than just recognition of our company. It’s recognition for every team member who goes above and beyond to make sure Peak Power is leading the charge to make the energy industry more diverse, equitable, and inclusive. [ ![PP logo awards](https://peakpowerenergy.com/wp-content/uploads/2022/07/PP-logo-awards-160223-01-1-1-300x160.png) ](https://www.energystoragecanada.org/2022-energy-storage-canada-awards) ## Investing in Our Employees We all do our best work when we’re supported, and we encourage each of our team members to reach their peak potential. ![Shield](https://peakpowerenergy.com/wp-content/uploads/2022/09/Shield.png)### We’ve Got You Covered Comprehensive health, vision, and dental insurance from Day 1 for Canadian team members. Much of the coverage being at 100%! ![Seat](https://peakpowerenergy.com/wp-content/uploads/2022/09/Seat.png)### Work-Life Harmony All our team members start with 3 weeks of paid vacation and generous paid sick and personal days. ![Book](https://peakpowerenergy.com/wp-content/uploads/2022/09/Book.png)### Invested in You We offer many opportunities for continued learning and development paid for by Peak Power. ![Calendar](https://peakpowerenergy.com/wp-content/uploads/2022/09/Calendar.png)### Long Weekends Start Early Start every long weekend with an extra half day off to enjoy it (or drive out to the campsite)! ![Star](https://peakpowerenergy.com/wp-content/uploads/2022/09/Star.png)### Supporting Health and Wellness We care about our team members' mental and physical health and proudly offer monthly gym membership and wellness reimbursements. ![Cake](https://peakpowerenergy.com/wp-content/uploads/2022/09/Cake.png)### Time to Socialize Opportunities to engage and socialize, including social committee events, happy hours, and other fun stuff! ## Join our Team See what our other team members have to say about working at Peak Power. ![Kathryn Weber_Peak Power Testimonial](https://peakpowerenergy.com/wp-content/uploads/2025/01/Kathryn-Weber_Peak-Power-Testimonial.png) “What stands out to me most about Peak Power is the people and our mission statement. It’s energizing to collaborate with such a great team of inclusive, passionate, and intelligent folks on innovative and impactful projects.” ## – Kathryn W. ## Senior Talent Acquisition Specialist ![LinkedIn Headshot Sangit Patel](https://peakpowerenergy.com/wp-content/uploads/2022/10/LinkedIn-Headshot_Sangit-Patel-1.jpeg) “I love having the opportunity to work with a team with diverse knowledge and expertise that is helping drive the future of energy optimization.” ## – Sangit P. ## Project Manager ![Kasun Weerasinghe_Peak Power Testimonial](https://peakpowerenergy.com/wp-content/uploads/2023/04/Kasun-W_Headshot.png) “I value the freedom to share innovative ideas and have my voice heard at Peak Power. Embracing an ownership mindset fosters the exchange of knowledge and the opportunity to learn from others, which significantly strengthens our collective efforts toward achieving net zero goals.” ## – Kasun W. ## Electrical Engineer, Systems Integrator ![Shivani Garg_Peak Power Testimonial](https://peakpowerenergy.com/wp-content/uploads/2023/04/Shivani-G_Headshot.png) “As the first HR hire at Peak Power, I’ve had the incredible and exhilarating opportunity to build the HR department and function from the ground up, fostering a people-centric culture and leading impactful initiatives from the very beginning. Guided by our company values, I’ve driven strategic people operations that directly support both business growth and organizational success.” ## – Shivani G. ## Director, People and Culture [ SEE ALL OPEN POSITIONS SEE ALL OPEN POSITIONS ](https://ats.rippling.com/peak-power-careers/jobs) --- ## JetPopup ### [Team Bio Popup](https://peakpowerenergy.com/jet-popup/team-bio-popup/) **Published:** April 27, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** ## Team Bio Popup --- ## Resources ### [Energy Efficiency Financial Incentives Directory](https://peakpowerenergy.com/resources/energy-efficiency-financial-incentives-directory/) **Published:** August 10, 2026 **Author:** jonathan@peakpowerenergy.com **Content:** A grouping of incentives related to energy efficiency from provincial/territorial governments, major Canadian municipalities and major electric and gas utilities. **Resource category:** Energy Efficiency, Energy Management --- ### [Industrial Support for Energy Storage](https://peakpowerenergy.com/resources/industrial-support-for-energy-storage/) **Published:** August 22, 2025 **Author:** KChetri **Content:** This joint report by Energy Storage Canada and the Ontario Energy Association outlines how energy storage can strengthen resiliency and decarbonization efforts for industrial sectors in Ontario. **Resource category:** Sustainability --- ### [Downtime Cost Calculator](https://peakpowerenergy.com/resources/downtime-cost-calculator/) **Published:** June 22, 2026 **Author:** jonathan@peakpowerenergy.com **Content:** This calculator resource can help you understand the cost of downtime in your facility. **Resource category:** Load Curtailment --- ### [Ontario Energy for Generations Plan](https://peakpowerenergy.com/resources/ontarios-energy-plan/) **Published:** August 22, 2025 **Author:** KChetri **Content:** Learn about Ontario’s integrated plan to power the strongest economy in the G7. **Resource category:** Energy Transition, Grid Resiliency --- ### [Solar + Storage Resource Guide](https://peakpowerenergy.com/resources/solar-storage-resource-guide/) **Published:** October 18, 2024 **Author:** jonathan@peakpowerenergy.com **Content:** This planning guidance document, while created for municipalities, offers wide-ranging information applicable for all types of organizations interested in these clean technologies **Resource category:** Building Optimization, Battery Storage, Sustainability --- ### [Real Reliability: The Value of Virtual Power](https://peakpowerenergy.com/resources/real-reliability-the-value-of-virtual-power/) **Published:** May 16, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** This Brattle Group study explores the cost and ability to serve critical resource adequacy needs from an emerging resource: virtual power plants (VPPs). **Resource category:** Proptech and Cleantech, Battery Storage, Sustainability --- ### [EPA Equivalencies Calculator](https://peakpowerenergy.com/resources/epa-equivalencies-calculator/) **Published:** May 8, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** Convert emissions or energy data into concrete terms you can understand — such as the annual CO2 emissions of cars, households, and power plants. **Resource category:** Sustainability --- ### [Advanced Clean Energy Program: Battery Storage](https://peakpowerenergy.com/resources/advanced-clean-energy-program-battery-storage/) **Published:** May 9, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** The **Battery energy storage** pillar of the National Research Council of Canada’s (NRC) Advanced Clean Energy program. Developing next-generation energy storage materials and devices. **Resource category:** Battery Storage, Energy Transition --- ### [The True Cost of Downtime](https://peakpowerenergy.com/resources/true-cost-downtime-manufacturing/) **Published:** February 26, 2026 **Author:** jonathan@peakpowerenergy.com **Content:** At the bottom end, the costs of a lost hour are now $36,000 in Fast Moving Consumer Goods. At the top end, they are $2.3 million in the Automotive sector. **Resource category:** Load Curtailment --- ### [How Storage Boosts Grid Resilience](https://peakpowerenergy.com/resources/how-storage-boosts-grid-resilience/) **Published:** August 22, 2025 **Author:** KChetri **Content:** This NARUC paper explains how behind-the-meter energy storage systems can support critical operations during outages and improve overall grid stability. **Resource category:** Grid Resiliency --- ### [How Storage Enhances Resilience and Reliability](https://peakpowerenergy.com/resources/how-storage-enhances-resilience-and-reliability/) **Published:** August 22, 2025 **Author:** KChetri **Content:** This NARUC report explores how behind-the-meter battery storage improves power reliability for commercial and industrial users—especially during grid disruptions or peak demand. **Resource category:** Battery Storage --- ### [How Energy Storage Supports Ontario’s Grid](https://peakpowerenergy.com/resources/how-energy-storage-supports-ontarios-grid/) **Published:** August 22, 2025 **Author:** KChetri **Content:** This official IESO resource explains the role of energy storage in improving reliability, managing peak demand, and enabling renewable energy integration in Ontario’s electricity system. **Resource category:** Battery Storage --- ### [Canada’s National Battery Strategy](https://peakpowerenergy.com/resources/canadas-national-battery-strategy/) **Published:** August 22, 2025 **Author:** KChetri **Content:** Natural Resources Canada outlines how battery innovation supports grid reliability, electrification, and clean energy growth—with benefits for industrial energy storage deployment. **Resource category:** Battery Storage --- ### [Canada’s Net-Zero Challenge](https://peakpowerenergy.com/resources/canadas-net-zero-challenge/) **Published:** August 22, 2025 **Author:** KChetri **Content:** This voluntary federal program helps industrial companies create and disclose net-zero emissions plans using government-provided templates and guidance. **Resource category:** Sustainability --- ### [Demand Response Incentives for New York Businesses](https://peakpowerenergy.com/resources/demand-response-incentives-for-new-york-businesses/) **Published:** August 22, 2025 **Author:** KChetri **Content:** National Grid offers financial incentives to large commercial and industrial customers who reduce electricity use during peak events—helping lower operational costs and support grid stability. **Resource category:** Load Curtailment --- ### [Smarter Load Strategies for Industry](https://peakpowerenergy.com/resources/smarter-load-strategies-for-industry/) **Published:** August 22, 2025 **Author:** KChetri **Content:** This Duke University report highlights how commercial and industrial facilities can reduce peak demand costs and grid strain through curtailment, storage, and demand flexibility. **Resource category:** Load Curtailment --- ### [Maximizing ROI from DERs in Ontario](https://peakpowerenergy.com/resources/maximizing-roi-from-ders-in-ontario/) **Published:** August 22, 2025 **Author:** KChetri **Content:** This joint report from the OEB and IESO explains how industrial facilities can benefit from improved compensation frameworks for behind-the-meter storage, flexible load, and energy management. **Resource category:** Energy Management --- ### [Real-Time Energy Management Support (New York)](https://peakpowerenergy.com/resources/real-time-energy-management-support-new-york/) **Published:** August 22, 2025 **Author:** KChetri **Content:** This NYSERDA resource connects New York businesses with qualified solution providers to implement real-time energy management systems that cut costs and improve operational control. **Resource category:** Energy Management --- ### [Grants for Industrial Energy Projects in Canada](https://peakpowerenergy.com/resources/grants-for-industrial-energy-projects-in-canada/) **Published:** August 22, 2025 **Author:** KChetri **Content:** This federal program helps manufacturers invest in energy management systems, battery storage, and retrofits through cost-shared funding up to $161 million. **Resource category:** Energy Management --- ### [How to Build an Energy Management Plan](https://peakpowerenergy.com/resources/how-to-build-an-energy-management-plan/) **Published:** August 22, 2025 **Author:** KChetri **Content:** This NRCan guide helps industrial teams implement strategies like ISO 50001, monitoring, and on-site battery integration to improve facility performance. **Resource category:** Energy Management --- ### [New York’s Climate Action Plan](https://peakpowerenergy.com/resources/new-yorks-climate-action-plan/) **Published:** August 22, 2025 **Author:** KChetri **Content:** This official roadmap outlines how the state will achieve zero-emissions electricity by 2040, including battery storage, electrification, and industrial decarbonization strategies. **Resource category:** Energy Transition --- ### [U.S. Storage Growth Forecast](https://peakpowerenergy.com/resources/u-s-storage-growth-forecast/) **Published:** August 22, 2025 **Author:** KChetri **Content:** This U.S. regional briefing outlines how battery deployment is accelerating to meet decarbonization targets, driven by federal incentives and industrial demand. **Resource category:** Energy Transition --- ### [Canada’s Energy Storage Outlook](https://peakpowerenergy.com/resources/canadas-energy-storage-outlook/) **Published:** August 22, 2025 **Author:** KChetri **Content:** This 2024 market report highlights how battery storage is scaling across Canada to support industrial electrification, with 8–12 GW projected by 2035. **Resource category:** Energy Transition --- ### [How Batteries Improve Grid Reliability](https://peakpowerenergy.com/resources/how-batteries-improve-grid-reliability/) **Published:** August 22, 2025 **Author:** KChetri **Content:** This summary highlights findings from a major NERC report, showing how battery systems help prevent outages, support grid stability, and protect critical operations—especially in high-demand regions. **Resource category:** Grid Resiliency --- ### [Energy Efficiency Hub for Ontario Businesses](https://peakpowerenergy.com/resources/energy-efficiency-hub-for-ontario-businesses/) **Published:** August 22, 2025 **Author:** KChetri **Content:** This IESO page brings together all funding, tools, and support available to help commercial and industrial facilities in Ontario cut energy use and improve system performance. **Resource category:** Energy Efficiency --- ### [Cut Energy Costs in New Jersey Facilities](https://peakpowerenergy.com/resources/cut-energy-costs-in-new-jersey-facilities/) **Published:** August 22, 2025 **Author:** KChetri **Content:** PSE&G’s BizSave program helps industrial and manufacturing sites in New Jersey lower energy use through audits, incentives, and upgrades like compressed air systems and process controls. **Resource category:** Energy Efficiency --- ### [Get Expert Help to Cut Energy Use](https://peakpowerenergy.com/resources/get-expert-help-to-cut-energy-use/) **Published:** August 22, 2025 **Author:** KChetri **Content:** Ontario businesses can access funding to bring certified energy managers in-house, giving industrial teams expert support to lower costs and drive energy savings year-round. **Resource category:** Energy Efficiency --- ### [Ontario Industrial Efficiency Incentives](https://peakpowerenergy.com/resources/ontario-industrial-efficiency-incentives/) **Published:** August 22, 2025 **Author:** KChetri **Content:** This Save on Energy program offers up to $5 million per project to help large industrial facilities in Ontario reduce energy use through proven technologies and systems optimization. **Resource category:** Energy Efficiency --- ### [Canada’s Battery Strategy](https://peakpowerenergy.com/resources/canadas-battery-strategy/) **Published:** August 22, 2025 **Author:** KChetri **Content:** This national plan from NRCan highlights how battery technology supports industrial electrification and long-term sustainability goals beyond electric vehicles. **Resource category:** Sustainability --- ### [New Jersey Energy Master Plan](https://peakpowerenergy.com/resources/new-jersey-energy-master-plan/) **Published:** August 22, 2025 **Author:** jonathan@peakpowerenergy.com **Content:** New Jersey’s updated Energy Master Plan outlines targets for energy storage, electrification, and infrastructure investment to help businesses prepare for a 100% clean electricity future by 2035. **Resource category:** Energy Transition --- ### [Electric Vehicle Impact on Energy, Policy, and Power Systems](https://peakpowerenergy.com/resources/electric-vehicle-impact-on-energy-policy-and-power-systems/) **Published:** May 9, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** The essence of this study is to cover the main components of the EV … and investigate the impacts of the high insertion in the power systems **Resource category:** Electric Vehicles --- ### [Building Automation Optimization Strategies](https://peakpowerenergy.com/resources/building-automation-optimization-strategies/) **Published:** May 8, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** From the smart buildings academy podcast. Teaching you building automation, systems integration, and information technology. **Resource category:** Building Optimization --- ## Team Testimonials ### [Kathryn W.](https://peakpowerenergy.com/team-testimonials/kathryn-w/) **Published:** January 10, 2025 **Author:** jonathan@peakpowerenergy.com **Content:** What stands out to me most about Peak Power is the people and our mission statement. It’s energizing to collaborate with such a great team of inclusive, passionate, and intelligent folks on innovative and impactful projects. --- ### [Kasun W.](https://peakpowerenergy.com/team-testimonials/john-milton/) **Published:** April 27, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** I value the freedom to share innovative ideas and have my voice heard at Peak Power. Embracing an ownership mindset fosters the exchange of knowledge and the opportunity to learn from others, which significantly strengthens our collective efforts toward achieving net zero goals. --- ### [Shivani G.](https://peakpowerenergy.com/team-testimonials/funto-oshunmakinde/) **Published:** April 27, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** As the first HR hire at Peak Power, I’ve had the incredible and exhilarating opportunity to build the HR department and function from the ground up, fostering a people-centric culture and leading impactful initiatives from the very beginning. Guided by our company values, I’ve driven strategic people operations that directly support both business growth and organizational success. --- ## Team ### [Benjamin Baker](https://peakpowerenergy.com/team/benjamin-baker/) **Published:** June 10, 2026 **Author:** jonathan@peakpowerenergy.com **Team category:** Board of Director --- ### [Doran Hole](https://peakpowerenergy.com/team/doran-hole/) **Published:** June 8, 2026 **Author:** jonathan@peakpowerenergy.com **Content:** Doran Hole is a former CEO and CFO with more than 30 years of experience in global finance, management, and clean technology leadership. He previously served as EVP and CFO of Stem and Ameresco, where he led financial strategy, capital management, and digitization initiatives. Earlier, he was CEO, North America and Group VP, Strategy at ReneSola, playing a key role in capital markets strategy, finance, and North American operations. He has guided organizations across the energy transition, and is known for driving growth, transformation, and operational excellence. **Team category:** Board of Director --- ### [Ashish Naik](https://peakpowerenergy.com/team/ashish-naik/) **Published:** December 11, 2024 **Author:** Overhaul **Content:** Ashish is a Corporate Development, M&A, and Corporate Finance professional with over 13 years of experience driving growth and transformation across diverse industries. Previously Ashish played a pivotal role in the Corporate Development division of a high-growth SaaS company, where he contributed to more than doubling its revenue during his tenure. He brings extensive expertise in accelerating business growth through both organic and inorganic strategies and has worked across industries including Renewables, Loyalty Marketing, Fintech, and Others. Ashish holds an MBA from the Schulich School of Business and an Engineering degree. **Team category:** Executive --- ### [Derek Lim Soo](https://peakpowerenergy.com/team/derek-lim-soo/) **Published:** April 27, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** Derek Lim Soo is a seasoned entrepreneur with over 20 years of leadership experience in clean technology and energy. Across senior roles in global firms and as Co-Founder of Peak Power, Derek has influenced the role of Distributed Energy Resources in key North American electricity markets.Known for his ability to bridge innovation, finance, and strategy, Derek is recognized as a trusted leader and respected voice in the energy transition. He has guided companies through capital raising, mergers and acquisitions, and technology commercialization while building teams that deliver impact in rapidly evolving industries. Derek is also an active member of the Young Presidents’ Organization (YPO) Toronto Chapter **Team category:** Founder --- ### [Scott McBrayne](https://peakpowerenergy.com/team/scott-mcbrayne/) **Published:** April 26, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** At Peak Power, Scott oversees Sales, Project Development, Markets, and Operations. He delivers innovative energy solutions and market strategies, leading teams in constructing and integrating energy storage systems. Previously, as Senior Director of National Operations at Cadillac Fairview Corporation, Scott reduced costs via strategic procurement, optimized revenue, and implemented a $2.8M energy platform. With over 30 years of experience, he has led teams in creating centres of excellence, overseeing building operations, project management, capital planning, and vertical transportation. **Team category:** Founder --- ### [Archie Adams](https://peakpowerenergy.com/team/archie-adams/) **Published:** May 2, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** Archie has over 7 years of experience in renewable energy, specializing in demand-side and solar and energy storage projects in the Northeastern US. Before joining Peak Power, Archie managed community solar and behind-the-meter energy storage project construction in Massachusetts and New York with Borrego Solar before moving into the development of on-site solar plus storage projects with Nexamp. His experience brings together development economics and technical execution know-how to deliver successful projects for host customers. --- ### [Farid Madhani](https://peakpowerenergy.com/team/farid-madhani/) **Published:** August 4, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** Farid is a climate finance professional with extensive experience in scaling functions for growth companies. Before joining Peak Power, Farid led and grew the project finance function at Northland Power (TSX:NPI), executing M&A and financing transactions for utility-scale renewable projects in the Americas and Europe. He started his career with the private investment team of a family office and later joined as the finance lead of a portfolio company, where he helped grow the team, complete acquisitions, and raise follow-on funding. The portfolio company was later sold to strategic investors. **Team category:** Founder --- ### [Leigh Billinghurst](https://peakpowerenergy.com/team/leigh-billinghurst/) **Published:** April 26, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** With 15 years of experience in talent management and HR, Leigh has a wealth of knowledge and understanding of people. Most of her career has been spent working with high-growth organizations that are constantly evolving. Her strength is taking a holistic approach when partnering with companies to develop talent strategies, change management, training and development, and building processes and policies from scratch. Her diverse experience and training complements building award-winning teams and employment brands. **Team category:** Executive --- ### [Mark Reale](https://peakpowerenergy.com/team/mark-reale/) **Published:** May 2, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** Mark brings a wealth of software product development experience to his role as a Software Development Director at Peak Power. After 15 years as a founder of an agency that grew from a team of 4 to a team of 200 and serviced a variety of industries including finance, retail, insurance, health and entertainment, Mark brings an acumen and enthusiasm for building great teams and large, scalable, compliant software solutions. **Team category:** Executive --- ### [Benson Hu](https://peakpowerenergy.com/team/benson-hu/) **Published:** April 27, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** Benson has 20 years of experience in software development and services. As the former Department Manager at UMPay, he led the team to be the third largest mobile payment company in China with a transaction volume of over 250M RMB per month. He grew and managed a team of over 60 software developers, designers, risk managers, and sales specialists to handle transactions with thousands of large corporations and financial institutions, including China Mobile, China Railway, JD.com, Western Union, and more. Benson also holds a master’s degree in Signal and Information Processing – Artificial Intelligence. **Team category:** Founder --- ### [Jonathan Berube](https://peakpowerenergy.com/team/jonathan-berube/) **Published:** March 6, 2024 **Author:** Overhaul **Content:** Jonathan is an award-winning marketer with regional and international accolades, including the prestigious Charge Energy Branding award. His experience extends beyond conventional boundaries, having founded and exited a 7-figure marketing agency and growing sales for a tech startup by more than 400% during the height of the pandemic. --- ### [Katherine Hamilton](https://peakpowerenergy.com/team/katherine-hamilton/) **Published:** February 13, 2024 **Author:** jonathan@peakpowerenergy.com **Content:** Katherine Hamilton, Chair of 38 North Solutions and two-time honouree among DC’s 500 Most Influential People, is a distinguished international policy expert and clean energy advocate. With executive roles in clean power and electrification, she led World Economic Forum councils and served as President of the GridWise Alliance. Katherine, an electrical engineering graduate from Cornell and the Sorbonne, is recognized on the #Solar100 board. A recipient of the Cleanie Award, she continues to drive innovation in the energy sector. **Team category:** Board of Director --- ### [Jason Levin](https://peakpowerenergy.com/team/jason-levin/) **Published:** April 27, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** Jason Levin is Executive Vice-President of Investments at Osmington Inc., a private real estate investment and development company owned by David Thomson, chairman of Thomson Reuters. Jason is responsible for a team of investment professionals that source and execute equity and debt investments in real estate, private equity and venture. In addition, Jason is a member of the board of several investee companies on behalf of Osmington. **Team category:** Board of Director --- ## Partners ### [Ash Grove Cement Company](https://peakpowerenergy.com/partners/ash-grove-cement-company/) **Published:** March 20, 2023 **Author:** jonathan@peakpowerenergy.com **Partners category:** Commercial & Industrial, Real Estate --- ### [Axiom](https://peakpowerenergy.com/partners/axiom/) **Published:** March 20, 2023 **Author:** jonathan@peakpowerenergy.com **Partners category:** Commercial & Industrial, Real Estate --- ### [Lactalis](https://peakpowerenergy.com/partners/lactalis/) **Published:** March 20, 2023 **Author:** jonathan@peakpowerenergy.com **Partners category:** Commercial & Industrial, Real Estate --- ### [Kipling](https://peakpowerenergy.com/partners/kipling/) **Published:** March 20, 2023 **Author:** jonathan@peakpowerenergy.com **Partners category:** Commercial & Industrial, Real Estate --- ### [Kingsett Capital](https://peakpowerenergy.com/partners/kingsett-capital/) **Published:** March 20, 2023 **Author:** jonathan@peakpowerenergy.com **Partners category:** Commercial & Industrial, Real Estate --- ### [Morguard](https://peakpowerenergy.com/partners/morguard/) **Published:** March 20, 2023 **Author:** jonathan@peakpowerenergy.com **Partners category:** Commercial & Industrial, Real Estate --- ### [Nexus](https://peakpowerenergy.com/partners/nexus/) **Published:** March 20, 2023 **Author:** jonathan@peakpowerenergy.com **Partners category:** Commercial & Industrial, Real Estate --- ### [Primaris REIT](https://peakpowerenergy.com/partners/primaris-reit/) **Published:** March 20, 2023 **Author:** jonathan@peakpowerenergy.com **Partners category:** Commercial & Industrial, Real Estate --- ### [Slate](https://peakpowerenergy.com/partners/slate/) **Published:** March 20, 2023 **Author:** jonathan@peakpowerenergy.com **Partners category:** Commercial & Industrial, Real Estate --- ### [Triovest](https://peakpowerenergy.com/partners/triovest/) **Published:** March 20, 2023 **Author:** jonathan@peakpowerenergy.com **Partners category:** Commercial & Industrial, Real Estate --- ## News and media ### [ICI: A Critical Tool to Ensure Grid Reliability in Ontario](https://peakpowerenergy.com/news-and-media/ici-grid-reliability-ontario/) **Published:** June 19, 2026 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Ontario's electricity system is entering one of the most consequential periods in its history. Against that backdrop, this is exactly the right moment to reinforce one of Ontario's most proven and cost-effective reliability tools: the Industrial Conservation Initiative (ICI). **News and media category:** Distributed Energy, Energy Storage, Energy Transition, Article --- ### [Peak Power Strengthens Board as Demand for Battery Storage and Grid Flexibility Accelerates](https://peakpowerenergy.com/news-and-media/board-doran-hole-benjamin-baker/) **Published:** June 10, 2026 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Doran Hole and Benjamin Baker bring deep clean energy, capital markets, and infrastructure investment experience as rising capacity prices sharpen the need for fast, flexible, dependable energy solutions **News and media category:** Distributed Energy, Energy Storage, Energy Transition, Article --- ### [Government of Canada Invests to Modernize Ontario’s Electricity Grid — Ensuring More Reliable Power for Ontarians](https://peakpowerenergy.com/news-and-media/government-of-canada-modernizing-ontario-electricity-grid/) **Published:** August 19, 2025 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced over $13 million in federal funding to support five clean energy projects in Ontario that will help modernize existing electricity systems. **News and media category:** Distributed Energy, Energy Storage, Energy Transition, Podcast --- ### [Dependable Flexibility: The Fastest Path to a Resilient Grid](https://peakpowerenergy.com/news-and-media/energy-flexibility-grid-resiliency-farid-madhani/) **Published:** December 17, 2025 **Author:** jonathan@peakpowerenergy.com **Excerpt:** The next phase of the clean energy transition won’t be defined by who can build the biggest assets. It will be defined by who can build the fastest, most dependable ones. **News and media category:** Distributed Energy, Energy Storage, Energy Transition, Article --- ### [What every industrial facility manager needs to know about peak shaving and load shifting](https://peakpowerenergy.com/news-and-media/what-every-industrial-facility-manager-needs-to-know-about-peak-shaving-and-load-shifting/) **Published:** September 9, 2024 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Two strategies industrial facilities can use to reduce high electricity demand charges. **News and media category:** Energy Storage, Article --- ### [AI rewrites the corporate energy playbook](https://peakpowerenergy.com/news-and-media/ai-corporate-energy-playbook/) **Published:** July 21, 2025 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Open Circuit Podcast, co-hosted by Stephen Lacey, Jigar Shah and Peak Power board member Katherine Hamilton. Together with their episode guest, Caroline Golin, they explore how emerging technologies are reshaping the corporate energy playbook. **News and media category:** Distributed Energy, Energy Storage, Energy Transition, Podcast --- ### [4 Factors that Make Behind-the-Meter Battery Storage Financeable](https://peakpowerenergy.com/news-and-media/4-factors-that-make-behind-the-meter-battery-storage-financeable/) **Published:** November 15, 2024 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Financing behind-the-meter (demand-side) battery projects has always been challenging for commercial and industrial customers. Here are 4 factors that make it possible. **News and media category:** Distributed Energy, Virtual Power Plants, Energy Storage, Energy Transition, Article --- ### [Battery Energy Storage System ROI: 3 factors for profitability](https://peakpowerenergy.com/news-and-media/battery-energy-storage-system-roi-3-factors-for-profitability/) **Published:** November 15, 2023 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Battery energy storage systems are a great way for manufacturing facilities to reduce costs and even generate additional revenue. However, these projects come at a high cost and have a lengthy and involved deployment process. Fortunately, there are strategies to protect the return on investment of these projects at every stage. **News and media category:** Topic, Energy Storage, Type, Article --- ### [Inside job: How AI can help reduce emissions in buildings](https://peakpowerenergy.com/news-and-media/inside-job-how-ai-can-help-reduce-emissions-in-buildings/) **Published:** July 26, 2024 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Canadian tools that optimize electricity consumption are helping building operators drive down energy costs and shrink their carbon footprint. **News and media category:** Topic, Sustainability, Type, Article --- ### [Why solar and wind power are key to preventing Toronto’s next storm-related blackout](https://peakpowerenergy.com/news-and-media/why-solar-and-wind-power-are-key-to-preventing-torontos-next-storm-related-blackout/) **Published:** July 24, 2024 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Decentralization and resilience are the key words to building a power grid that can withstand sudden weather disasters like the Toronto rainstorm. **News and media category:** Topic, Distributed Energy, Type, Article --- ### [SWTCH and Peak Power Partner to Optimize EV Charging and Energy Costs at Buildings Across North America](https://peakpowerenergy.com/news-and-media/swtch-and-peak-power-partner-to-optimize-ev-charging-and-energy-costs-at-buildings-across-north-america/) **Published:** December 14, 2023 **Author:** jonathan@peakpowerenergy.com **Excerpt:** SWTCH and Peak Power have integrated their industry-leading software solutions for optimizing EV charging usage and are collaborating to expand on their successful deployments at multi-tenant buildings **News and media category:** Press Release, Electric Vehicles --- ### [Peak Power Launches $1,000 Bursary for Underrepresented Students in STEM and Cleantech Programs](https://peakpowerenergy.com/news-and-media/peak-power-launches-1000-bursary-for-underrepresented-students-in-stem-and-cleantech-programs/) **Published:** September 20, 2023 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Peak Power has introduced a $1,000 Future Cleantech Leaders bursary to help students from diverse backgrounds studying STEM and Cleantech subjects in Ontario. **News and media category:** Diversity, Equity, and Inclusion, Press Release --- ### [The Leading 2023 Energy Storage Startups In The US](https://peakpowerenergy.com/news-and-media/the-leading-2023-energy-storage-startups-in-the-us/) **Published:** March 1, 2023 **Author:** jonathan@peakpowerenergy.com **Excerpt:** The market for energy storage is seeing a boom. Innovative storage business models that were virtually unthinkable a few years ago are now being sparked by a variety of variables, including flexibility and prices that are falling as well as advancements in digital technologies like artificial intelligence and predictive analytics. **News and media category:** Topic, Distributed Energy, Energy Storage, Type, Article --- ### [Startup Showcase: Peak Power Revolutionizes Energy Management for Smart Cities](https://peakpowerenergy.com/news-and-media/startup-showcase-peak-power-revolutionizes-energy-management-for-smart-cities/) **Published:** July 8, 2023 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Unleashing the Power of Intelligent Energy with Peak Power. **News and media category:** Topic, Distributed Energy, Virtual Power Plants, Energy Storage, Energy Transition, Type, Article --- ### [Optimisation software providers seek scale-up in key US battery storage markets](https://peakpowerenergy.com/news-and-media/optimisation-software-providers-seek-scale-up-in-key-us-battery-storage-markets/) **Published:** May 23, 2023 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Energy optimisation software provider Peak Power has received US$35 million investment **News and media category:** Topic, Distributed Energy, Energy Storage, Energy Transition, Type, Article --- ### [Hypercharge to Provide 58 EV Charging Stations to Condominium Development in Cambridge, Ontario](https://peakpowerenergy.com/news-and-media/hypercharge-to-provide-58-ev-charging-stations-to-condominium-development-in-cambridge-ontario/) **Published:** July 18, 2023 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Funding for the project was sourced with the assistance of Peak Power, a cleantech company that deploys, operates and optimizes battery storage, grid-interactive buildings, and electric vehicles under a single software platform. **News and media category:** Energy Transition, Type, Article, Topic, Electric Vehicles --- ### [Matthew Sachs Of Peak Power On How They Are Breaking the Cycle of Non-Renewable Consumption](https://peakpowerenergy.com/news-and-media/matthew-sachs-of-peak-power-on-how-they-are-breaking-the-cycle-of-non-renewable-consumption/) **Published:** July 14, 2023 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Keep it simple. The energy industry is extremely complicated, and we can get so “into our own story” that we miss the forest for the trees. **News and media category:** Topic, Distributed Energy, Energy Storage, Sustainability, Energy Transition, Type, Article --- ### [Making yogurt with batteries — a vision of Ontario’s net zero future](https://peakpowerenergy.com/news-and-media/making-yogurt-with-batteries-a-vision-of-ontarios-net-zero-future/) **Published:** June 19, 2023 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Batteries at Etobicoke dairy and beyond let companies cut bills and gas-plant emissions while protecting power supply. **News and media category:** Topic, Distributed Energy, Energy Storage, Sustainability, Energy Transition, Type, Article --- ### [The growth in electric vehicles will break our electricity grid — or revolutionize it](https://peakpowerenergy.com/news-and-media/the-growth-in-electric-vehicles-will-break-our-electricity-grid-or-revolutionize-it/) **Published:** April 26, 2023 **Author:** jonathan@peakpowerenergy.com **Excerpt:** If we allow a small fraction of EVs to provide energy back to the grid, we could eliminate the need for much of our existing natural gas peaker plants **News and media category:** Energy Transition, Type, Article, Topic, Distributed Energy, Energy Storage, Electric Vehicles --- ### [Tech Update: Testing psychedelics for anxiety; OpenText acquires rival; and Canadian firms land megadeals](https://peakpowerenergy.com/news-and-media/tech-update-testing-psychedelics-for-anxiety-opentext-acquires-rival-and-canadian-firms-land-megadeals/) **Published:** February 10, 2023 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Despite the wider slowdown in tech sector funding, some Canadian ventures are bucking the trend. Toronto-based Peak Power, which creates software for optimizing energy use, has inked a deal with cleantech investor Madison Energy Investments worth $200 million in project financing **News and media category:** Topic, Distributed Energy, Energy Storage, Sustainability, Energy Transition, Type, Article --- ### [Energy Management Startup Peak Power Raises $47M CAD to Expand Across US](https://peakpowerenergy.com/news-and-media/energy-management-startup-peak-power-raises-47m-cad-to-expand-across-us/) **Published:** May 19, 2023 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Peak Power to expand energy storage tech as new US tax incentive drives adoption. **News and media category:** Topic, Distributed Energy, Energy Storage, Energy Transition, Type, Press Release --- ### [How will AI shape the future of clean energy?](https://peakpowerenergy.com/news-and-media/how-will-ai-shape-the-future-of-clean-energy/) **Published:** February 16, 2023 **Author:** jonathan@peakpowerenergy.com **Excerpt:** I posed the question to experts at the foremost utility trade conference — DistribuTECH. **News and media category:** Topic, Virtual Power Plants, Sustainability, Energy Transition, Type, Article --- ### [The Cleanie Awards® Announces 2022 Winners](https://peakpowerenergy.com/news-and-media/the-cleanie-awards-announces-2022-winners/) **Published:** February 22, 2023 **Author:** jonathan@peakpowerenergy.com **Excerpt:** The #1 Clean Energy Awards Platform Doubled Submissions and Awarded Winners Across 15 Categories **News and media category:** Topic, Diversity, Equity, and Inclusion, Type, Press Release --- ### [SWITCH Power successfully finalizes commissioning of five Ontario battery storage projects](https://peakpowerenergy.com/news-and-media/switch-power-ontario-energy-storage/) **Published:** April 4, 2023 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Peak Power is contracted to provide dispatch services and the energy optimization software platform, Peak Synergy, to capture global adjustment savings and ancillary services revenue. **News and media category:** Topic, Distributed Energy, Energy Storage, Energy Transition, Type, Press Release --- ### [How Canada’s star startups are helping the U.S. decarbonize](https://peakpowerenergy.com/news-and-media/how-canadas-star-startups-are-helping-the-u-s-decarbonize/) **Published:** July 21, 2021 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Canadian companies are looking to scale up their businesses to supply growing U.S. demand for clean technology as President Joe Biden attempts to push through a slate of aggressive climate-change policies. **News and media category:** Topic, Distributed Energy, Energy Storage, Sustainability, Energy Transition, Type, Article --- ### [Ambitious climate goals call for rapid adoption of Canadian solutions](https://peakpowerenergy.com/news-and-media/ambitious-climate-goals-call-for-rapid-adoption-of-canadian-solutions/) **Published:** September 10, 2021 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Canadian companies are looking to scale up their businesses to supply growing U.S. demand for clean technology as President Joe Biden attempts to push through a slate of aggressive climate-change policies. **News and media category:** Topic, Sustainability, Type, Article --- ### [How Can We Deliberately Build Inclusive Teams?](https://peakpowerenergy.com/news-and-media/how-can-we-deliberately-build-inclusive-teams/) **Published:** September 17, 2021 **Author:** jonathan@peakpowerenergy.com **Excerpt:** How can we tackle big, challenging energy issues? By attracting a diverse, passionate team and putting that passion to use. Imran Noorani and his team at Peak Power are taking on the ambitious project of making the climate polluters part of the climate solution in a revenue-positive way. **News and media category:** Diversity, Equity, and Inclusion, Type, Podcast --- ### [Vehicle-to-Grid: Delivering The Future of Energy](https://peakpowerenergy.com/news-and-media/vehicle-to-grid-delivering-the-future-of-energy/) **Published:** October 12, 2021 **Author:** jonathan@peakpowerenergy.com **Excerpt:** A world-class project in grid innovation is taking place underground, beneath the streets of Toronto. Launched in two underground garages, Peak Power’s demonstration of vehicle-to-grid (V2G) technology is just the kind of future-forward thinking that could revolutionize the green energy landscape. **News and media category:** Topic, Distributed Energy, Electric Vehicles, Type, Article --- ### [Breakthrough Energy Solutions Canada Finalists](https://peakpowerenergy.com/news-and-media/breakthrough-energy-solutions-canada-finalists/) **Published:** January 2, 2020 **Author:** jonathan@peakpowerenergy.com **Excerpt:** The Breakthrough Energy Solutions Canada Forum 2020 was held on January 14, 2020, where the 22 finalists from across Canada pitched their clean energy technology ideas and solutions to significantly reduce GHG emissions. We are excited to highlight the top 10 selected to receive funding. **News and media category:** Topic, Sustainability, Energy Transition, Type, Article --- ### [Risk mitigation, climate change and value enhancement drive sustainability practices](https://peakpowerenergy.com/news-and-media/risk-mitigation-climate-change-and-value-enhancement-drive-sustainability-practices/) **Published:** October 18, 2021 **Author:** jonathan@peakpowerenergy.com **Excerpt:** For years, the concept of sustainability in commercial real estate was argued to be a complex and competing interest with the financial goals and fiscal realities of a property. Many industry experts thought that both sets of priorities would not work together, but now see there is a viable business case to be made. **News and media category:** Topic, Distributed Energy, Sustainability, Energy Transition, Type, Article --- ### [The Climate Conversations: Can Cities Save Our Planet?](https://peakpowerenergy.com/news-and-media/the-climate-conversations-can-cities-save-our-planet/) **Published:** November 2, 2021 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Jennifer Keesmaat is one of the founding partners behind Markee Developments, which designs, finances, builds, and affordable housing in Toronto. To learn more, follow this link. To check out some of the projects that Toderian UrbanWorks has been involved in around the world, check out Brent’s website here. **News and media category:** Topic, Distributed Energy, Virtual Power Plants, Energy Storage, Energy Transition, Type, Podcast --- ### [Peak Power and Hydro One unveil a potentially “game-changing” vehicle to home charging pilot](https://peakpowerenergy.com/news-and-media/peak-power-and-hydro-one-unveil-a-potentially-game-changing-vehicle-to-home-charging-pilot/) **Published:** November 9, 2021 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Ontario’s largest utility and a Toronto-based AI company are collaborating to run a pilot program that will see up to 10 Nissan Leaf-owning households participate in a vehicle-to-home, bidirectional charging program **News and media category:** Topic, Electric Vehicles, Energy Transition, Type, Article --- ### [L’Ontario veut charger des maisons grâce aux voitures électriques en cas de panne](https://peakpowerenergy.com/news-and-media/lontario-veut-charger-des-maisons-grace-aux-voitures-electriques-en-cas-de-panne/) **Published:** November 11, 2021 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Et si en plus de se déplacer, nos voitures servaient à stocker et distribuer de l’énergie? C’est le pari d’Hydro One et Peak Power qui lancent un projet-pilote permettant aux propriétaires de véhicules électriques d’utiliser leur voiture comme source d’alimentation de secours lors de panne de courant. **News and media category:** Topic, Sustainability, Energy Transition, Type, Article --- ### [Four cleantech trends to watch in the push for net zero](https://peakpowerenergy.com/news-and-media/four-cleantech-trends-to-watch-in-the-push-for-net-zero/) **Published:** November 18, 2021 **Author:** jonathan@peakpowerenergy.com **Excerpt:** The message from the COP26 summit in Glasgow is clear: We’ve run down the clock on climate change. Scientists warn that the world could warm by 2.4 degrees by the end of the century without further action to curb emissions in the next few years. That’s well above safe levels. **News and media category:** Topic, Diversity, Equity, and Inclusion, Electric Vehicles, Energy Transition, Type, Article --- ### [Meet the Foresight 50](https://peakpowerenergy.com/news-and-media/meet-the-foresight-50/) **Published:** November 23, 2021 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Foresight is delighted to introduce Canada’s most investable cleantech ventures – the Foresight 50. These inspiring innovators come from across Canada and a variety of sectors including watertech, carbon solutions, hydrogen, and renewable energy. **News and media category:** Topic, Sustainability, Type, Article --- ### [Using an EV as backup power for your home might soon be possible in Ontario](https://peakpowerenergy.com/news-and-media/using-an-ev-as-backup-power-for-your-home-might-soon-be-possible-in-ontario/) **Published:** November 24, 2021 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Electric vehicle owners in Ontario may one day be able to use the electricity in their EVs instead of loud diesel or gas generators to provide emergency power during blackouts. They could potentially also sell back the energy in their cars to the grid when needed. **News and media category:** Topic, Distributed Energy, Energy Storage, Electric Vehicles, Type, Article --- ### [Imagine your electric vehicle was also a power plant that could make you money](https://peakpowerenergy.com/news-and-media/imagine-your-electric-vehicle-was-also-a-power-plant-that-could-make-you-money/) **Published:** January 17, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** It’s a truism of the car-buying world: a new vehicle is a terrible investment. The moment you drive it off the lot, it plunges in value. But what if that same vehicle actually generated income and put money back in your pocket? **News and media category:** Topic, Energy Storage, Electric Vehicles, Energy Transition, Type, Article --- ### [Canada must double or triple clean power generation to meet EV and zero-emissions targets, says IEA report](https://peakpowerenergy.com/news-and-media/canada-must-double-or-triple-clean-power-generation-to-meet-ev-and-zero-emissions-targets-says-iea-report/) **Published:** January 20, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** In its latest Canadian Energy Policy Review, the Paris-based International Energy Agency has outlined the challenges facing Canada’s tandem decarbonization and vehicle electrification efforts. **News and media category:** Topic, Energy Storage, Sustainability, Electric Vehicles, Energy Transition, Type, Article --- ### [Driving Change: Transportation And Electric Utility Industries Will Soon Collide – In A Good Way](https://peakpowerenergy.com/news-and-media/driving-change-transportation-and-electric-utility-industries-will-soon-collide-in-a-good-way/) **Published:** October 15, 2019 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Starting this coming year, energy pioneers in Toronto will wake up each morning, and jump into their gleaming new Nissan Leafs and purr quietly into the Downtown core of the city. They will navigate their way to designated parking garages, plug their vehicles into bi-directional EV chargers, and take elevators to their respective offices. **News and media category:** Topic, Electric Vehicles, Energy Transition, Type, Podcast, Article --- ### [Plugging in to the benefits of energy storage](https://peakpowerenergy.com/news-and-media/plugging-in-to-the-benefits-of-energy-storage/) **Published:** November 15, 2018 **Author:** jonathan@peakpowerenergy.com **Excerpt:** A dramatic rise in energy costs and strict sustainability mandates have been spurring business owners to explore innovative, energy-saving solutions for decades, thus launching the ‘cleantech’ industry to new heights. **News and media category:** Topic, Distributed Energy, Energy Storage, Type, Article --- ### [Canadian energy storage startups get global traction](https://peakpowerenergy.com/news-and-media/canadian-energy-storage-startups-get-global-traction/) **Published:** December 5, 2017 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Energy storage is critical for the growth of renewables because, simply put, the wind doesn't blow all the time and the sun doesn't always shine. Something unexpected is happening in India. **News and media category:** Topic, Energy Storage, Type, Article --- ### [Creating impact: how the Mission from MaRS Climate Champions are scaling their solutions](https://peakpowerenergy.com/news-and-media/creating-impact-how-the-mission-from-mars-climate-champions-are-scaling-their-solutions/) **Published:** February 16, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** With every year of inaction, the window to address the climate crisis closes faster and faster. Even if society stops emitting greenhouse gases (GHGs) tomorrow, the planet would continue to warm for decades. **News and media category:** Topic, Sustainability, Type, Article --- ### [Tech update: Canadian companies helping Ukrainian refugees resettle; push to make electric vehicles more attractive](https://peakpowerenergy.com/news-and-media/tech-update-canadian-companies-helping-ukrainian-refugees-resettle-push-to-make-electric-vehicles-more-attractive/) **Published:** March 24, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Imagine having to uproot your life in the blink of an eye to ensure your family’s safety. That’s what millions of Ukrainians now have to do as they flee the ongoing war in their country. **News and media category:** Topic, Diversity, Equity, and Inclusion, Electric Vehicles, Energy Transition, Type, Article --- ### [Peak Power Partners with Oshawa Power to Demonstrate a Path to Distributed Clean Energy for Utilities](https://peakpowerenergy.com/news-and-media/peak-power-partners-with-oshawa-power-to-demonstrate-a-path-to-distributed-clean-energy-for-utilities/) **Published:** March 30, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Peak Power, a Canadian climate tech company with a core focus in energy management and energy storage, announces that it is partnering with Oshawa Power to develop and execute an energy platform that demonstrates how disparate distributed energy resources (DERs) can improve the reliability of a local grid. **News and media category:** Topic, Distributed Energy, Sustainability, Energy Transition, Type, Article --- ### [Microgrids and EVs can make magic with the right market signals](https://peakpowerenergy.com/news-and-media/microgrids-and-evs-can-make-magic-with-the-right-market-signals/) **Published:** April 1, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Electric vehicles (EVs) could become important microgrid assets that reap income by providing grid services. But there’s a glitch — a lack of market signals from the grid in many places. **News and media category:** Energy Transition, Type, Article, Topic, Electric Vehicles --- ### [With $37MIL in funding, what do these DER projects aim to achieve?](https://peakpowerenergy.com/news-and-media/with-37mil-in-funding-what-do-these-der-projects-aim-to-achieve/) **Published:** April 4, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Ontario’s Independent Electricity System Operator (IESO) and Ontario Energy Board (OEB) recently announced several project collaborations with local electricity distributors and technology companies to “accelerate the adoption of local energy projects to help communities play an increasing role in providing for their own energy needs **News and media category:** Topic, Distributed Energy, Sustainability, Energy Transition, Type, Article --- ### [Tech update: A place for cleantech in new climate plan, tube transportation 1 step closer to reality](https://peakpowerenergy.com/news-and-media/tech-update-a-place-for-cleantech-in-new-climate-plan-tube-transportation-1-step-closer-to-reality/) **Published:** April 8, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** With the clock ticking on the race to mitigate climate change, Canada has announced its most ambitious emissions-reductions plan to date. To reach our 2030 targets, Environment Minister Steven Guilbeault says the oil and gas industry will need to reduce its greenhouse-gas emissions by 42 per cent. **News and media category:** Topic, Sustainability, Energy Transition, Type, Article --- ### [How One Canadian Climate Tech Company Is Making Power Plants Obsolete](https://peakpowerenergy.com/news-and-media/how-one-canadian-climate-tech-company-is-making-power-plants-obsolete/) **Published:** June 1, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Peak Power was founded by self-described energy nerds in 2015 and is the only company operating battery storage, grid interactive buildings, and bi-directional electric vehicles with a single platform for partners to achieve net-zero goals, cut operating expenses, and unlock new revenue opportunities. **News and media category:** Topic, Distributed Energy, Virtual Power Plants, Energy Storage, Sustainability, Energy Transition, Type, Article, Press Release --- ### [Here are some of the ways the fight against climate change could make our daily lives better](https://peakpowerenergy.com/news-and-media/here-are-some-of-the-ways-the-fight-against-climate-change-could-make-our-daily-lives-better/) **Published:** June 19, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** It needn’t be all about sacrifice: cleantech entrepreneurs are building a future that’s more sustainable, more convenient and maybe even more lucrative for the average person. **News and media category:** Topic, Distributed Energy, Diversity, Equity, and Inclusion, Sustainability, Energy Transition, Type, Article --- ### [Opinion: Canada needs to turn its cleantech innovation into action](https://peakpowerenergy.com/news-and-media/opinion-canada-needs-to-turn-its-cleantech-innovation-into-action/) **Published:** June 21, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Our Earth has been around for 4.6 billion years. Humans have been here for only a scant fraction of that time. And yet in the past 250 years we’ve destroyed more than 50 per cent of the Earth’s forests and tipped the scale beyond sustainability. **News and media category:** Topic, Distributed Energy, Sustainability, Energy Transition, Article --- ### [Electric Future: What It Will Take to Wean Ourselves off Fossil Fuels](https://peakpowerenergy.com/news-and-media/electric-future-what-it-will-take-to-wean-ourselves-off-fossil-fuels/) **Published:** June 22, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** It’s estimated that we’ll need to double or triple the size of our electricity system between now and 2050. This growing demand is powering growth in the innovation space. **News and media category:** Topic, Sustainability, Energy Transition, Type, Article --- ### [Peak Power Receives $765,000 From Canadian Government to Deploy 117 V1G EV Chargers](https://peakpowerenergy.com/news-and-media/peak-power-receives-765000-from-canadian-government-to-deploy-117-v1g-ev-chargers/) **Published:** July 12, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Peak Power, a Canadian climate tech company with a core focus in energy management and energy storage, announces it has received a $765,000 investment through Natural Resources Canada’s (NRCan) Zero Emission Vehicle Infrastructure Program (ZEVIP) to install 117 V1G chargers. **News and media category:** Type, Energy Transition, Article, Press Release, Topic, Electric Vehicles --- ### [How advances in ESS software create new revenue opportunities for solar + storage](https://peakpowerenergy.com/news-and-media/how-advances-in-ess-software-create-new-revenue-opportunities-for-solar-storage/) **Published:** July 27, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** The current generation of energy storage software is far more capable of gathering and analyzing data from more disparate sources, at speeds that have been reduced from hours per cycle to milliseconds **News and media category:** Topic, Distributed Energy, Virtual Power Plants, Energy Storage, Energy Transition, Type, Article --- ### [Peak Power to deploy 117 V1G smart EV chargers in Ontario](https://peakpowerenergy.com/news-and-media/peak-power-to-deploy-117-v1g-smart-ev-chargers-in-ontario/) **Published:** August 18, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Canadian climate tech company Peak Power has received a $765,000 investment through Natural Resources Canada’s (NRCan) Zero Emission Vehicle Infrastructure Program (ZEVIP) to install 117 V1G chargers. The total cost of the project is estimated at over $1.6 million. **News and media category:** Type, Article, Press Release, Topic, Electric Vehicles, Energy Transition --- ### [Will Charging an Electric Car Ever Be Quick and Easy?](https://peakpowerenergy.com/news-and-media/will-charging-an-electric-car-ever-be-quick-and-easy/) **Published:** November 1, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** When it comes to electric vehicles, the United States has reached a turning point. Today, in the United States, 5 percent of new car sales are electric vehicles, according to Bloomberg, which predicts EV sales will make up 25 percent of new car sales in the U.S. market by 2025. **News and media category:** Type, Article, Topic, Electric Vehicles --- ### [Dianne Saxe's Green Economy Heroes](https://peakpowerenergy.com/news-and-media/dianne-saxes-green-economy-heroes/) **Published:** February 17, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Each Green Economy Hero podcast features someone you’ll enjoy getting to know. Leading environmental lawyer, Dianne Saxe, will explore who they are, what their business are doing, and how it is making a difference in facing our climate crisis. We will hear about their challenges, their successes, and their dreams. And we’ll learn their advice on how you too can build a green business in Canada. **News and media category:** Topic, Distributed Energy, Energy Storage, Sustainability, Energy Transition, Type, Podcast --- ### [Readying the electricity grid for EVs is a challenge these experts say we’re ready to handle](https://peakpowerenergy.com/news-and-media/readying-the-electricity-grid-for-evs-is-a-challenge-these-experts-say-were-ready-to-handle/) **Published:** November 18, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** As the number of electric vehicles on roads goes up, questions about whether Canada’s electrical grids will have the capacity to keep up with future power demands are at the forefront of the minds of many industry experts and electricity users alike. **News and media category:** Article, Type, Topic, Electric Vehicles, Energy Transition --- ### [How To Find Investors In A Remote World](https://peakpowerenergy.com/news-and-media/how-to-find-investors-in-a-remote-world/) **Published:** November 18, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** These days, connecting with potential investors no longer relies solely on in-person meetings. Between social media platforms, video conferencing tools and virtual events, it only takes one online interaction for an entrepreneur to connect with someone who can open up a wealth of funding opportunities. **News and media category:** Topic, Distributed Energy, Type, Article, Webinar/Panel --- ### [Ontario plunging into energy storage as electricity supply crunch looms](https://peakpowerenergy.com/news-and-media/ontario-plunging-into-energy-storage-as-electricity-supply-crunch-looms/) **Published:** December 26, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Ontario is staring down an electricity supply crunch and amid a rush to secure more power, it is plunging into the world of energy storage — a relatively unknown solution for the grid that experts say could also change energy use at home. **News and media category:** Topic, Distributed Energy, Energy Storage, Energy Transition, Type, Article --- ### [Rise of Energy Storage Could Transform Ontario Grid](https://peakpowerenergy.com/news-and-media/mit-energy-initiative-future-of-energy-storage-study/) **Published:** January 5, 2023 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Ontario is staring down an electricity supply crunch and amid a rush to secure more power, it is plunging into the world of energy storage—a collection of technologies that is poised to transform the provincial grid and change the way energy is used, bought, and sold by homes and businesses. **Content:** This 3-year energy storage study was released in June of 2022. The findings highlight that energy storage enables decarbonization, helps balance the grid, and provides economic benefit. **News and media category:** Topic, Distributed Energy, Energy Storage, Energy Transition, Type, Article --- ### [Clean energy employers urge Congress to act now on Build Back Better Act](https://peakpowerenergy.com/news-and-media/clean-energy-employers-urge-congress-to-act-now-on-build-back-better-act/) **Published:** January 24, 2022 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Citing analysis by ACP, the letter notes that the clean energy provisions in the Build Back Better Act will help the United States reach 750 gigawatts of wind, solar, and battery storage by 2030, which would cut power sector emissions by nearly 70% below 2005 levels. **News and media category:** Topic, Energy Transition, Type, Article --- ### [Peak Power secures US$200 million financing with MEI to accelerate energy storage deployments.](https://peakpowerenergy.com/news-and-media/peak-power-secures-us200-million-financing-with-mei-to-accelerate-energy-storage-deployments/) **Published:** February 6, 2023 **Author:** jonathan@peakpowerenergy.com **Excerpt:** Peak Power, an Ontario-based C&I-focused energy storage and software firm, has secured a US$200 million financing agreement with Madison Energy Investments (MEI). **News and media category:** Topic, Distributed Energy, Energy Storage, Energy Transition, Type, Article, Press Release --- ## Innovation Projects ### [Kearny Mesa Innovative Battery Storage Project](https://peakpowerenergy.com/highlight-title/kearny-mesa-innovative-battery-storage-project/) **Published:** October 5, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** ### Background The battery is located behind the manufacturing site’s retail meter with San Diego & Gas Electric so it can provide energy services for the facility like demand charge management and time-of-day rate shifting. It’s also equipped with a CAISO meter and RIG so it can be an energy resource for the California grid. The Project was partially funded through the State’s Self – Generation Incentive Program. Diamond Generating LLC’s affiliate company, Boston Energy Trading & Marketing, is the scheduling coordinator for the Project. ### Results ![Battery Storage Unit by Peak Power](https://peakpowerenergy.com/wp-content/uploads/2022/07/IMG_2900-scaled-1-300x225.webp) The battery storage project has been able to provide energy cost savings for the facility and resiliency to the electricity grid. The results below reflect lifetime customer savings and emissions avoided as of 2021. CAPACITY SIZE ## 1000 kW / 4000 kWh ACTIVATION ## Q1 2019 CLIENT ## Mitsubishi LOCATION ## San Diego, California, USA --- ### [Peak Drive Pilot Project](https://peakpowerenergy.com/highlight-title/peak-drive-pilot-project/) **Published:** October 5, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** ### Background This Peak Drive project is one of the largest vehicle-to-grid demonstration projects globally, with 21 bi-directional chargers and Nissan LEAF vehicles in 3 commercial office buildings in downtown Toronto. This showcase system uses an electric vehicle and energy storage system to reduce the customers’ demand charges.By exporting electricity from their batteries, the cars reduce overall facility demand from the grid during periods of the highest electricity consumption on Ontario’s power grid. Although the cars do not feed any electricity directly into the grid, they are, in fact, virtual power plants on wheels.Peak Drive is operated in partnership with the Canadian Federal Government and Nissan. ### Results ![EV charging Energy](https://peakpowerenergy.com/wp-content/uploads/2022/07/Peak-Drive-Project-Desktop-2-300x180.webp) Commuter and car-sharing program EVs supply power at peak moments of demand, generating up to $8,000 of utility bill savings per EV, per year. This pilot is testing a future state where EVs could respond to congested grid-constrained areas, delivering needed energy and capacity for short, high-value episodes.Peak Drive has proven that EVs can be dispatched within a multi-asset Virtual Power Plant (VPP) in response to utility signals. This will soon be possible across US electricity markets as FERC Order 2222 takes effect.We will be expanding our Ontario virtual power plant with federal government funding and in partnership with Ontario’s Independent System Operator (IESO) to demonstrate new models for DER participation in energy markets. CAPACITY SIZE ## 21 x 30 kW Bi-directional Chargers ACTIVATION ## Q2 2019 CLIENT ## Dream Unlimited LOCATION ## Toronto, Ontario, Canada --- ### [Westchester Multiple Battery Storage Project](https://peakpowerenergy.com/highlight-title/westchester-multiple-battery-storage-project/) **Published:** January 31, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** ### Background The battery storage system was installed in a commercial office compound and is composed of four batteries. The project reduces electricity costs from ICAP and Demand Charges and to provide services in the form of participating in NYISO and ConEd demand response programs. This project employs a shared-savings approach — GHP (owner) and Peak Power split the utility bill savings and market revenues from the operation of the battery. GHP takes on little to no risk while receiving energy cost savings, and Peak Power retains a portion of the revenue in exchange for installing, maintaining, and operating the system. ### Results The energy storage system reduces utility costs and provides peak demand relief for the utility. Con Edison, the electric utility for this site, provides funding for this system to reduce peak demand during certain windows of time through the Demand Management Program. By participating in the program, the project received an incentive from Con Edison, which reduced the total project cost. Additionally, GHP gains a revenue stream in addition to the savings achieved with better building demand charge management.The results below reflect lifetime customer savings and emissions avoided as of 2021. CAPACITY SIZE ## Total 1334 kW / 5336 kWh ACTIVATION ## Q2 2018 CLIENT ## GHP LOCATION ## Westchester, New York, USA --- ### [95 St. Clair West Building Optimization Project](https://peakpowerenergy.com/highlight-title/95-st-clair-west-building-optimization-project/) **Published:** January 31, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** ### Background This building optimization project was completed for 95 St Clair Avenue West, a 16-storey commercial office building serviced by Colliers International with Canadian cooperative The Desjardins Group – the largest federation of credit unions in North America – as their primary tenant.won both the National and International TOBY Award for Building of the Year. ### Results After just one year of operation, our client realized a 12% reduction in their electric bill and offset 18.5 Metric Tons of C02e. Equipment optimization resulted in a 10% reduction, or 340 hours. Savings verified by Save on Energy and the Independent Electricity System Operator (IESO) CAPACITY SIZE ## 375kW / 940kWh ACTIVATION ## Q3 2018 CLIENT ## The Desjardins Group LOCATION ## Toronto, Ontario, Canada --- ## Projects ### [Lactalis Canada: Zero Cost Resiliency and Sustainability](https://peakpowerenergy.com/project/lactalis-canada-zero-cost-resiliency/) **Published:** February 15, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** 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. **Category Project:** Commercial Project, Energy Storage --- ### [Data-Driven Curtailment Across a Multi-Building Portfolio](https://peakpowerenergy.com/project/menkes_peak_forecasting_global_adjustment/) **Published:** October 9, 2025 **Author:** jonathan@peakpowerenergy.com **Content:** In today’s volatile energy landscape, proactive energy demand management is becoming essential for commercial real estate operators seeking to control costs and improve operational efficiency. **Category Project:** Commercial Project, Building Energy Optimization --- ### [Bloor Islington Battery Storage Project](https://peakpowerenergy.com/project/bloor-islingtion-battery-storage-project/) **Published:** May 26, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** For this battery storage project at Bloor Islington Place, Peak Power provides peak prediction and asset dispatch services. We also optimize the battery for demand response events. **Category Project:** Commercial Project, Building Energy Optimization --- ### [Westchester Multiple Battery Storage Project](https://peakpowerenergy.com/project/westchester-multiple-battery-storage-project/) **Published:** February 7, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** Peak Power delivers ICAP and demand charge savings with behind-the-meter battery storage and Peak Synergy for a customer in Westchester, New York. **Category Project:** Commercial Project, Energy Storage --- ### [Bruce Power Storage Project](https://peakpowerenergy.com/project/saturn-power-storage-project/) **Published:** April 4, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** Saturn Power has been active in the battery storage and Global Adjustment market since 2017 and continues to make advancements in securing behind-the-meter projects in Ontario. **Category Project:** Commercial Project, Energy Storage --- ### [Battery Innovation in Kearny Mesa](https://peakpowerenergy.com/project/kearny-mesa-battery-storage/) **Published:** February 7, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** This innovative battery storage is one of the first projects to operate under FERC Order 841 and the CPUC’s decision on multi-use applications. **Category Project:** Innovation Project, Commercial Project, Energy Storage --- ### [St. Clair West Energy Optimization Project](https://peakpowerenergy.com/project/st-clair-building-optimization-project/) **Published:** September 8, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** This building energy optimization project was completed for 95 St Clair Avenue West, a 16-storey commercial office building serviced by Colliers International with Canadian cooperative The Desjardins Group – the largest federation of credit unions in North America – as their primary tenant. **Category Project:** Commercial Project, Building Energy Optimization --- ### [Peak Drive Pilot Project](https://peakpowerenergy.com/project/peak-drive-pilot-project/) **Published:** September 8, 2022 **Author:** jonathan@peakpowerenergy.com **Content:** One of the largest vehicle-to-grid demonstration projects globally, this project featured 21 bi-directional EV chargers in three commercial office buildings in Toronto. **Category Project:** Innovation Project --- ### [Developing an Electric Vehicle Future](https://peakpowerenergy.com/project/developing-a-electric-vehicle-future/) **Published:** May 17, 2023 **Author:** jonathan@peakpowerenergy.com **Content:** In the summer of 2022, Peak Power was one of the funding recipients of Natural Resources Canada’s (NRCan) [Zero-Emissions Vehicle Incentive Program](https://natural-resources.canada.ca/energy-efficiency/transportation-alternative-fuels/zero-emission-vehicle-infrastructure-program/21876) (ZEVIP), a federal initiative to support the installation of Electric Vehicle (EV) charging stations in Canada. NRCan invested $765,000 in Peak Power, with a combined total project cost of $1.6 million, to deploy 117 EV chargers at several mixed-use developments in Ontario. As an example, Peak Power enabled the installation of 18 electric vehicle chargers at an iconic class A building in the heart of downtown Toronto. Along with the integration of Peak Synergy software, the chargers address tenants’ evolving charging and sustainability needs of while supporting the grid *and* Canada’s EV infrastructure goals. These chargers were installed by Signature Electric, are connected to the SWTCH EV Network, and will be integrated into Peak Power’s Synergy software. **Category Project:** Innovation Project --- ## Categories ### [Blog](https://peakpowerenergy.com/category/blog/) **Description:** Posts blog category --- ## News and media category ### [Topic](https://peakpowerenergy.com/news-and-media-category/topic/) --- ### [Distributed Energy](https://peakpowerenergy.com/news-and-media-category/distributed-energy/) --- ### [Virtual Power Plants](https://peakpowerenergy.com/news-and-media-category/virtual-power-plants/) --- ### [Diversity, Equity, and Inclusion](https://peakpowerenergy.com/news-and-media-category/diversity-equity-and-inclusion/) --- ### [Energy Storage](https://peakpowerenergy.com/news-and-media-category/energy-storage/) --- ### [Sustainability](https://peakpowerenergy.com/news-and-media-category/sustainability/) --- ### [Electric Vehicles](https://peakpowerenergy.com/news-and-media-category/electric-vehicles/) --- ### [Energy Transition](https://peakpowerenergy.com/news-and-media-category/energy-transition/) --- ### [Type](https://peakpowerenergy.com/news-and-media-category/type/) --- ### [Podcast](https://peakpowerenergy.com/news-and-media-category/podcast/) --- ### [Article](https://peakpowerenergy.com/news-and-media-category/article/) --- ### [Press Release](https://peakpowerenergy.com/news-and-media-category/press-release/) --- ### [Webinar/Panel](https://peakpowerenergy.com/news-and-media-category/webinar-panel/) ---