The system will integrate lithium ion batteries, ultracapacitors and renewable-energy generation sources, including wind and solar. Integrated with the smart grid, the Ultralife system will manage energy for consumption or storage.
Ultralife’s system will initially integrate two distinct power storage technologies, including a battery and ultracapacitor, on a distributed off-grid level, and then expand the system’s capability for on-grid integration. The system is expected to allow both grid operators and renewable energy generators to optimize energy management through a computerized monitoring and control system, which will enable these customers to control the storage and flow of power generated.
Ultralife received the award to support the work of the New York Battery and Energy Storage Consortium (NY-BEST), an industry-focused coalition working to facilitate and enhance development and accelerate commercialization of energy storage technologies in New York state.
John Kavazanjian, president and CEO of Ultralife, said: “We are extremely pleased to receive this award, and would like to express our appreciation to NYSERDA and NY-BEST for their support and recognition of the potential value of the innovative energy storage system that we are developing. We are looking forward to finalizing the project details with NYSERDA in the near future such that we can soon initiate activities under this important industry-led partnership.
“This project will further advance our strategy of introducing lithium ion energy storage systems and services, integrating energy monitoring, management technologies and services, linking lithium ion batteries to more renewable energy solutions for grid efficiency and deploying solar power solutions for remote, portable and stationary power applications.”
