This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

AES Introduces Storage Applications Center To Validate Next-Generation Storage Capabilities In A Customer Environment

AES Energy Storage today announced the Storage Applications Center, a grid application hub at PJM Interconnection in Audubon, Pa. The facility will be used to test and validate the next generation of storage applications in a real world environment. The center is part of AES’ ongoing commitment to grid energy storage application design, in which it has invested more than $10 million over the past six years. AES utilizes these advanced application capabilities within the AES Advancion™ solution, a complete, battery-based alternative to peaking power plants, which it now offers to utility buyers and renewable developers in select markets.

“Battery-based energy storage has proven its capabilities as a critical grid resource over the past decade,” said John Zahurancik, Vice President, AES Energy Storage. “This facility will help us build on our proven application platform so that we can continue to offer our customers the most complete solution in the market, taking the technology available and tuning it to the evolving needs of the grid.”

Through the Storage Applications Center, AES is refining commercial applications such as dynamic voltage support, peaking capacity, real-time autonomous dispatch, faster regulation and protocols for merit order dispatch to validate the implementation capabilities of battery-based energy storage technologies for these critical services.

The Center will also expand the capabilities of the Advancion Application Agents, which are patented performance algorithms focused on market and contract requirements to automate the operation of the storage arrays, optimizing performance and efficiency for customers, and extending the life of customer storage solutions. The Application Agents manage Advancion deployments for superior performance given all market or contract-specific constraints. They have an unmatched commercial service record with five years of commercial service at the highest performance levels.

The location of the facility allows AES to integrate with and add additional demonstration services to PJM’s Innovation Showcase, which was designed to highlight emerging grid technologies. This project enables AES to validate the capabilities of the technology as it interfaces with a grid operator.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.42 -0.30%
FB $101.34 -0.56%
GOOG $678.86 -0.62%
TSLA $148.18 -1.50%
YHOO $26.77 0.04%


Chart of I:DJI
DOW 15,869.44 +209.26 1.34%
S&P 500 1,854.96 +25.88 1.41%
NASDAQ 4,314.5590 +47.7220 1.12%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs