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.
With the average manufacturing facility using 95.1 kWh per square foot per year, 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 management this can lower electricity costs, reduce scope 2 emissions, and introduce new revenue streams.
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.
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.
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.
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.
Peak Power designed a battery energy storage project that continues to deliver significant savings to our customer, without interfering with daily operations.
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.
Ontario, Canada
Lactalis Canada
~$121,000
Peak Power designed a battery energy storage project that continues to deliver significant savings to our customer, without interfering with daily operations.
Ontario, Canada
Lactalis, Canada
~$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.
“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
Contact us to book your free virtual site assessment to determine how distributed energy resources could contribute to your financial and environmental goals.
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