LGC

Renewable energy firm Half Moon Ventures (HMV) will undertake commercial operation of the system, which will be used primarily by the local municipal utility of the Village of Minster, Ohio.

The battery energy storage system (BESS) and 4.2 MW solar photovoltaic (PV) systems are installed in the service territory of the Village of Minster.

The BESS offers four revenue streams for HMV and the Village which include frequency regulation; transmission & distribution cost deferral; power quality improvements; and peak demand shaving.

LG Chem provided a battery solution, battery installation supervision, and commissioning to S&C.

The entire system has been integrated with the electric grid and LG Chem provided the power conversion system.

HMV CEO Michael Hastings said: "Working with the Village of Minster, we have proven a very unique business model that will allow us to bring more solar and energy storage to public utilities.

"This revenue stacking approach assures that projects are viable and valuable for both parties."

It is expected that the Village of Minster will also generate $350,000 in costs and improve the quality of electricity with peak demand shaving.

S&C U.S. Business Unit president, Mike Edmonds said: "This project is a key example of how energy storage can generate tangible revenue streams while providing critical grid services.

"S&C has been able to deliver a comprehensive energy storage solution through its collaboration with LG Chem and is very proud to be moving the energy storage industry forward."


Image: LG Chem’s battery system deployed in the Village of Minster. Photo: Courtesy of Business Wire.